Shared Ownership Over the Long-Term: Reflections on a Silver ESOP.
- Resource Type
- Article
- Authors
- Moss, Alexander P.
- Source
- ESOP Report. Apr2012, p3-11. 3p.
- Subject
- *EMPLOYEE ownership
*STOCK ownership
*PROPERTY
*STOCKHOLDERS
- Language
The article discusses the adaptation of Abt Associates of the Employee Stock Ownership Plan (ESOP) as ownership transition tool. It notes the belief of Abt that independent ownership is important and an effective strategy in reaching and withholding the company's mission. It also states that ESOP is a method that allows companies to instill legal and financial ownership. Also discussed is the implementation of the Employee Advisory Council (EAC) by Abt Associates as supplementary tool to ESOP.