Employee Stock Ownership Plans: ESOP Planning, Financing, Implementation, Law and Taxation

Robert W. Smiley, Jr., Ronald J. Gilbert, David M. Binns, Ronald L. Ludwig, and Corey M. Rosen, Editors

Published by the Beyster Institute at the Rady School of Management University of California, San Diego

Two Volumes-Comprehensive Coverage of the Business, Legal, Tax and Practical Ramifications of Employee Ownership-over 1700 pages.

Research has shown that companies with employee stock ownership plans (ESOPs) have more highly motivated employees, greater profits, sales and employment growth, and greater ability to weather recessions than otherwise comparable companies. Employee Stock Ownership Plans provides A-to-Z coverage of ESOPs. It starts with what an ESOP is, how it works, and how to decide whether or not an ESOP makes sense for a particular company, its officers and directors, employees and shareholders. It then continues through how to implement your ESOP, how to maintain it, and beyond.

Whether you are part of a management team wrestling with the many complex issues that impact the feasibility of an ESOP for your company, a business owner considering your exit options, or legal, accounting, investment, insurance or tax counsel looking to open new client relationships or preserve and enhance existing relationships, you can answer any question with assurance and accuracy when you have this book on hand. Consultants and advisers will also find this book invaluable.

This is a highly readable book. Providing the right answer at the right time could mean the difference between success or failure in an ESOP transaction involving millions of dollars of tax savings.