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Employee stock ownership plans (ESOPs) : objectives, design options and international experience (anglais)

An Employee Stock Ownership Plan (ESOP) is a mechanism to facilitate employee ownership in a company. While broadening employee ownership, ESOPs can be a sueful policy instrument for promoting privatization, improving enterprise performance, and raising money for the enterprise. These benefits account for the increasing use of ESOPs in both the developed and the developing world. Their popularity however, does not imply unanimity on issues relating...
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