by: Hennessy, Peter R.; Bruner, Robert F.
Source: University of Virginia Darden School Foundation
This note provides background information on leveraged Employee Stock Ownership Trusts (ESOTs) and Employee Stock Ownership Plans (ESOPs). An explanation of leveraged ESOPs as a financing technique, their history, uses, advantages, and disadvantages are explored, as are accounting procedures.
Link: Leveraged Employee Stock Ownership Plans
Publication Date: 1991-03-28