29 April 2016 • Articles
Corriere della Sera, Italy
ESOP: the (few) employee owned shares, only seven million incentives to buy stocks
According to a study from the Sodali Research Team Unicredit, Prysmian, Intesa, Telecom Italy and Maire Tecnimont are the only companies that have voted so far a stock option plan for its employees (ESOP). Participation in the business capital for workers is residual in Italy, and funds are really few, although stock option plans for employees could have indisputable advantages: the alignment of the long-term interests of employees with those of institutional shareholders, broader commitment to company goals and more active part in the company's governance.