Employee Stock Ownership Plans: Benefits and Costs of ESOP Tax Incentives for Broadening Stock Ownership

摘要

The document is the third in a series of reports on employee stock ownership plans (ESOPS). It provides conclusions on four issues: the number of ESOPS, the number of participants covered by ESOPS, and the value of assets in ESOP trusts; the factors associated with a company's decision to establish and continue an ESOP; the costs of ESOPS in terms of federal revenues forgone; and the degree to which ESOPS are broadening the ownership of capital assets in the United States.