An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company. ESOPs give the sponsoring company, the selling shareholder, and participants receive various tax benefits, making them qualified plans. Companies often use ESOPs as a corporate-finance strategy and to align the interests of their employees with those of their shareholders—Read more at Investopedia. Ganti, Akhilesh. “Employee Stock Ownership Plan (ESOP).” 9 September 2019