Perpetual Motion Machines: ESOPS Don’t Pay for Themselves
10 Pages Posted: 17 Jul 2018 Last revised: 9 Aug 2018
Date Written: May 28, 2018
In this article, Stumpff addresses policy issues regarding employee stock ownership plans and demonstrates how some claims in support of ESOPS aren’t supported by the math.
Keywords: ESOPs, Employee Stock Ownership Plans, Louis Kelso, Binary Economics, Leveraged ESOPs
JEL Classification: G32, G38, M21, M52, K22, K34
Suggested Citation: Suggested Citation