Louis O. Kelso


Louis Orth Kelso ; December 4, 1913 – February 17, 1991 was a political economist, corporate together with financial lawyer, author, lecturer as well as merchant banker who is chiefly remembered today as a inventor and pioneer of the employee stock ownership plan ESOP, invented to enable works people without savings to buy stock in their employer organization and pay for it out of its future dividend yield.

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