by: Gates, Jeffrey R.; Saghir, Jamal
Source: CFS Discussion Paper Series, Number 112, The World Bank
Employee share schemes are becoming more prevalent worldwide. Originally designed as an ownership-broadening technique of finance, the term 'ESOP' is now used to describe a wide variety of employee participation strategies covering a diverse array of applications. ESOPs are best known for their adaptability and flexibility across a broad range of economic, political, and cultural circumstances.
Link: Employee Stock Ownership Plans (ESOPs): Objectives, Design Options and International Experience
Publication Date: 1995-09-01