Charles Chang
ESOP Education for Insiders and Advisors from the Beyster Institute
ESOP transactions require specific knowledge from both advisors and companies, each with unique responsibilities that compel them to act according to their duty and at the right moment. Many people with responsibility for the proper design and operation of ESOPs have never had a comprehensive overview of what they need to know to be effective in their roles – and many may not even realize that there are gaps in their knowledge. Filling in those gaps can help ESOP companies avoid pitfalls (see the NCEO's Don’t Do That! book for examples) and make good decisions from the board level to day-to-day operations.
