An ESOP's Tale

Gray, Carol Lippert
January 2000
Financial Executive;Jan/Feb2000, Vol. 16 Issue 1, p40
Academic Journal
This article focuses on the employee stock option plan (ESOP) of a financial management firm Sawtek Inc. Chief financial officer Ray Link explains the complicated initial public offering (IPO) that made Sawtek a rare case where the ESOP was maintained after the IPO. Mitchel Keeling, of the ESOP Association, says there are roughly 10,000 ESOPs in the United States. Although ESOPs create a lot of value for the employees, who take great pride in ownership of the company, it does create accounting challenges.


Related Articles

  • ESPPs Another Way to Help Workers Save for Retirement. Moore, Rebecca // Plan Advisor News;2013, p53 

    The article reports on research which concluded that employee stock purchase plans (ESPP) can complement workplace savings plans and provide a way for employees to diversify their retirement investment efforts. The study found that improving economic conditions and a strengthening job market are...

  • ESOPs grow moderately in 1990.  // Corporate Board;May/Jun91, Vol. 12 Issue 68, p28 

    Reports on the National Center for Employee Ownership's estimates on the moderate growth of employee stock ownership plans (ESOP) in the United States in 1990. Comparisons of the number of plans between 1989 and 1990; Attributed cause for the moderate growth pace.

  • Recession slows 1991 growth of ESOPs.  // Corporate Board;May/Jun92, Vol. 13 Issue 74, p26 

    Reports that recession has slowed the growth of employee stock ownership plans (ESOP) in the United States in 1991, as cited by the National Center for Employee Ownership (NCEO). Total amount of money borrowed through ESOPs; Comments of NCEO executive director Corey Rosen on the slower growth...

  • The ownership option.  // Management Today;Jan97, p11 

    Discusses the practice of British companies in converting shares options into cash. Executive share option schemes; Introduction of long-term incentive plans.

  • Does employee stock ownership translate into higher company profits? Kunkel, J. Gregory; Lau, Chor T. // Business Forum;Summer/Fall95, Vol. 20 Issue 3/4, p4 

    Focuses on the impact of employee stock ownership plans (ESOPs). Advantages of providing stock ownership plans for employees; Determination of the prevalence of ESOPs among American companies; Effect of ESOPs on a company's performance; Interaction of employee compensation and nonfinancial...

  • The Options Option: A New Approach to Employee Ownership. Rosen, Corey // Management Review;Dec91, Vol. 80 Issue 12, p30 

    Presents an approach to employee ownership of a company. Factors contributing to the growth of employee ownership through stock options; Strategies by which employees may share ownership of a firm; Kinds of stock options; Prices of stock options; Benefits and limitations of employee ownership.

  • Companies with esops show higher returns long-term.  // Pensions & Investments;8/23/1999, Vol. 27 Issue 17, p39 

    Reports a study which examined stock returns for publicly held companies in the United States that had created employee stock options (ESOP). Companies with ESOP showing higher returns long-term.

  • 60 second expert.  // Director;Sep2013, Vol. 67 Issue 1, p13 

    The article discusses the concept of employee shareholders wherein employees are able to enter into an agreement with their employer to give up certain statutory rights in return for shares in their firm.

  • Share scheme sums. Greenwood, John // Money Marketing;4/17/2008, p43 

    The author discusses on the solution of Northern Rock in the redundancy on employee's job and share plans. He explains the Save as You Earn (SAYE) scheme, a financial service on the stock market in the benefit of the employees that it is typical for a majority of them to stick to their shares...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics