Difference between revisions of "Employee stock ownership plan"
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| − | [[Employee stock ownership plan]] is a company-established benefits plan in which employees acquire stock, often at below-market prices, as part of their benefits. | + | [[Employee stock ownership plan]] (also known by its acronym, [[ESOP]]) is a company-established benefits plan in which employees acquire stock, often at below-market prices, as part of their benefits. |
==Definitions== | ==Definitions== | ||
According to [[Organizational Behavior by Robbins and Judge (17th edition)]], | According to [[Organizational Behavior by Robbins and Judge (17th edition)]], | ||
| − | + | :[[Employee stock ownership plan]]. A company-established benefits plan in which employees acquire stock, often at below-market prices, as part of their benefits. | |
| + | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| + | :[[ESOP]] (''employee stock ownership plan''). A type of benefit such as a retirement plan in which employees own stock in the company. | ||
==Related concepts== | ==Related concepts== | ||
Revision as of 10:01, 28 October 2019
Employee stock ownership plan (also known by its acronym, ESOP) is a company-established benefits plan in which employees acquire stock, often at below-market prices, as part of their benefits.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Employee stock ownership plan. A company-established benefits plan in which employees acquire stock, often at below-market prices, as part of their benefits.
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- ESOP (employee stock ownership plan). A type of benefit such as a retirement plan in which employees own stock in the company.
