Employee Stock Ownership Plans
ESOPs are a way of transfering stock to employees of a firm. Voting rights are still tied to the stock, as is ownership, which is generally unequal and not exclusive to the workers. Most ESOPs are not very democratic, though there are a few exceptions. ESOPs are often used for their tax benefits with worker ownership being a secondary byproduct. The main advantage of ESOPs is the relatively large scale at which they are implemented.