Employee-Ownership Briefing Paper 7.2

Year: 
2003
Author(s): 
Ownership Associates, Inc.
Affiliated Organization: 
Ownership Associates, Inc.
Description: 
One key rationale for the creation of ESOP law in 1974 was to share wealth with the workers who helped create wealth. Today, many companies use the wealth sharing aspect of their ESOPs as an effective retention and recruitment tool. But just how effective a means of distributing wealth are ESOPs? Two studies, one conducted in Washington State and one in Massachusetts, have looked at the wealth consequences of ESOPs.
Resource Type: 
Resource Format: 
PDF
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