Menu Content
Go Top

Employee stock ownership program to be introduced this year

Written: 2001-06-07 00:00:00Updated: 0000-00-00 00:00:00

The government plans to introduce the Employee Stock Ownership Program this year.

A senior official at the Ministry of Finance and Economy said it will submit a bill on employee stock ownership to the National Assembly in September for approval.

The government has promised to give tax breaks to companies introducing the system.

The employee stock ownership program is a stock ownership plan in which employees purchase shares in their company's stock.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >