 |
Press Release
New Edition of the Authoritative Guide to Employee Stock Ownership Plans Released
January 22, 2007
Consultants from the Beyster Institute at the Rady School of Management, UC San Diego were key contributors to the second edition of the authoritative publication on Employee Stock Ownership Plans (ESOPs). The new, fully updated edition of “Employee Stock Ownership Plans: ESOP Planning, Financing, Implementation, Law and Taxation” was published in late 2006 by the Institute.
This two-volume comprehensive resource includes over 1,700 pages of research, guidance, case studies and commentary from the most recognized thought leaders in the employee ownership field, covering everything from tax law to employee ownership culture. It is written to help businesspeople and their advisors determine ESOP feasibility, consider an ESOP as an exit strategy, and navigate the complexities of implementing an ESOP.
The ESOP book’s editors and contributors include some of the most recognized thought leaders in the employee ownership field. Beyster Institute associate director and past director of the ESOP Association David Binns is one of the book’s five primary editors. Binns also co-authored a chapter on the privatization of public companies through ESOPs with Beyster Institute director of consulting Martin Staubus. Beyster Institute senior consultant Anthony Mathews contributed a section on ESOP administration.
“The book provides a complete picture of ESOPs—the good, the bad and the ugly,” says managing editor Robert W. Smiley, Jr., founder and chairman of the Benefit Capital Companies Inc., past president of the ESOP Association and past director of The National Center for Employee Ownership. “This is the most complete reference work of its kind that has ever been published. It specifically is not a ‘compilation,’ as much of the information in this book has never been published before.”
In addition to Smiley and Binns, the editors are Ronald J. Gilbert, co-founder and president of ESOP Services, Inc., former vice president with Kelso & Company in San Francisco, and member of the ESOP Association's Board of Governors and Legislative & Regulatory Committee; Ronald L. Ludwig, founding member of the ESOP Association and retired lawyer who specialized in ESOP law for almost 30 years; and Corey M. Rosen, co-founder and executive director of the National Center for Employee Ownership and past staff member in the U.S. Senate, where he helped draft legislation on employee stock ownership plans.
“From the touching forward by the late Senator Russell Long to the voluminous appendices and case studies that conclude this work, this book is a wellspring of information and advice,” says Mathews. “It features virtually every professional expert on employee ownership in the United States and stands as a unique resource that no practitioner or business person interested in or involved with employee ownership should be without. For those interested in complete reliable information about ESOPs and how they operate in every respect, this book will be very hard to put down.”
|
|
