Employee stock ownership plan

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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.

According to the HRBoK Guide,

ESOP. Employee stock ownership plan. A tax-qualified benefit plan with defined contributions that allows employees to own shares in a company.

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