Provides an overview of employee stock ownership plans (ESOPs) and phantom stock plans for owners of closely held companies. ESOPs can be used as an instrument of corporate financing, and can provide employees with ownership interests. Phantom stock plans can reward executives for creating value without giving up ownership. Covers typical motives for creation of such plans, regulations, tax incentives, administrative expenses, corporate governance issues, and payment plan benefits. Includes a two-page bibliography with links to additional sources of legal and tax information. "Hide
by Dwight B. Crane, A. Indra Reinbergs 8 pages. Publication Date: November 8, 2000. Prod. # 201 034-PDF-ENG