Philadelphia, Pa. – March 11, 2011 – Jim Steiker, Chairman and CEO of SES Advisors, is quoted in Financier Worldwide Magazine.
In the March 2011 issue cover story, Jim joins other contributors to discuss the advantages of ESOPs, from tax benefits to employee performance outcomes, and why private equity firms may want to consider employing ESOPs in buyout situations.
"ESOPs are attractive in leverage buyouts because of the ability of the corporation to repay acquisition debt from pre-tax company profits.” Jim also remarks on ESCA study data showing that "ESOP companies that combine ownership and participation outperform their non-ESOP counterparts as measured both by profitability and productivity and controlled for size and industry.”
Read the full article.
