Legal Matters Research On Employee Stock Ownership Plan

Employee Stock Ownership Plan is a resulting system that employee takes part in the enterprise business management and distribution of profits. The western nation staff joint stock system is has developed after for several hundred years in the joint stock system, had the deep theory foundation and in the rich experience foundation, and adapts the new form to need to arise at the historic moment. The goal of carrying out the staff stock is to lie in through having acknowledged the staff labor force property right participation enterprise appropriation of profit, obtains the capital income and simultaneously establishes the corresponding restraint and the drive mechanism, close is connected staff's personal interest and enterprises economic efficiency, improves the enterprise to manage the achievements.In China, the joint-stock enterprise emerged and developed in the mid-1980s. It is from the establishment of the planned structure of the transformation of state-owned enterprises and collective enterprises. This transformation is lack in the clear legal norms circumstances. Employee Stock Ownership Plan in China by the government's force establishes in the small and medium-sized state-owned enterprises. It can be said that, China's ESOP are simultaneously are born with the stock-company type enterprise, even may say is the joint stock system reform beginning. But its development soil insufficiently is still fertile, the concrete manifestation is: The market growth degree insufficient; the theory lacks; the...