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1992 | OriginalPaper | Buchkapitel

Employee Ownership: ESOPs in Context

verfasst von : Nick Wilson

Erschienen in: ESOPS

Verlag: Palgrave Macmillan UK

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The growth of employee shareholding has been a phenomenon of considerable importance in the last decade. In the UK this growth has been encouraged by facilitative legislation and privatisations. By 1987, before the short term negative impact of the stock market crash slowed down the growth in schemes, an estimated 8.5 million individuals owned shares and over one and a quarter million owned shares in their employing company. As the economy slowly pulls out of the recession, rising equity markets will provide another boost to the long term growth in employee shareholding. In the USA the rapid growth of Employee Share Ownership Plans has been the main impetus for the impressive expansion of employee shareholding and currently, in Japan, it is estimated that over 91 per cent of listed companies now have an ESOP with the average employee owning $16,000 worth of stock.

Metadaten
Titel
Employee Ownership: ESOPs in Context
verfasst von
Nick Wilson
Copyright-Jahr
1992
Verlag
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-12938-6_1