Author Description

The topic of executive and director compensation in ESOP companies raises complex issues. This book is a guide to the legal, financial, fiduciary, and tax issues involved with various compensation strategies and also provides best-practice guidelines for how to set executive and director pay. Chapters 1 through 7 cover legal, fiduciary, valuation, and S corporation issues, plus sharing equity and using compensation studies. Chapter 8 analyzes the results of our latest ESOP company executive and board director compensation survey. The data provide a detailed picture of the forms and size of compensation being used in ESOP companies. The 10th edition includes revisions and updates to every chapter except chapter 2, which did not need any changes.