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Employee Stock Ownership Plans, in US parlance.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jun 23rd, 2010 at 09:29:04 AM EST
[ Parent ]
Yes, but ESOPs only confer shares in the deeply dysfunctional joint Stock Limited Liability 'Corporation' with its embedded 'Principal/Agent' conflict with management.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
by ChrisCook (cojockathotmaildotcom) on Wed Jun 23rd, 2010 at 10:13:53 AM EST
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