Trends in New ESOP Creation
As we described in the January newsletter the number of participants in private ESOPs increased by 5.7% from 2014 to 2019 even as the number of plans decreased by 1.2% over the same period. Largely thanks to ESOPs in publicly traded companies becoming less common, and also partly because of acquisitions and consolidation, the number of ESOPs has been slowly decreasing for several years running, falling from 6,717 in 2014 to 6,482 in 2019
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