小泉 修平

An ESOP (Employee Stock Ownership Plan) to assume U.S.A. origin, was the thing that a scheme was devised in 1956 by L. Kelso, but it was legislated by the ERISA method in 1974, and taxation system kind treatments spread in what was taken at a stretch between United States companies. The association of the employee makes a fund with the thing named the fault like the employee stock-ownership plan of our country, and this contributes a fund for the planned retirement bonus equivalency that a company will pay to the fund in the future, and the fund acquires a company's stock to the fund and borrowed money from the financial institution, and it is with a stockholder. There are still few ESOPs of the American model, but, in our country, the ESOP of the type that I put together with the conventional employee stocks society is gradually introduced. I propose the scheme and new role after having analyzed the problem of the Japanese model ESOP in this report.