A Chief Executive Officer (CEO) is the highest-ranking executive in a company or organization, responsible for making major corporate decisions, managing overall operations and resources, and acting as the main point of communication between the board of directors and corporate operations.
An Employee Stock Ownership Plan (ESOP) is a program that encourages employees to purchase stock in their company, thus allowing them to participate in the management of the company. Companies with such plans may take tax deductions for ESOP dividends passed on to participating employees and for dividends that go to repay stock acquisition loans.
An executive is an employee in a top-level management position with major decision-making authority in an organization. Executives are often given incentive pay, such as bonuses, in the private sector.
A governance structure utilized by some large organizations, involving both a board of management and a supervisory board, designed to enhance corporate governance.
