This article focuses on two issues. Firstly, Why does company choose employee stock ownership? The analysis revolves around the distribution of interests. Secondly, why company tends to execute the plan through non-public stock issuing? The anal ysis focuses on the means of execution. The third part of this article is the practice of how to realize employee stock ownership plan through non-public stock issuing.This article mainly uses comparative analysis and case study. As in real life, there exists no absolute answer to decisions of this type. When given the options of employee stock ownership, any interest party will face the question of choice and judgment of pro/cons, including comparing stock options, issuing cash, shadow option, virtual stock, defer payment and so forth. As to non-public stock issuing, they face similar comparisons and choices. |