Leveraged Employee Stock Ownership Plans

Author: Hennessy, Peter R.
Source: University of Virginia Darden School Foundation
Year: 1991
Number of pages: 3

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Abstract:

This note provides background information on leveraged Employee Stock Ownership Trusts (ESOTs) and Employee Stock Ownership Plans (ESOPs). An explanation of leveraged ESOPs as a financing technique, their history, uses, advantages, and disadvantages are explored, as are accounting procedures.