Which of the following is a reason for ESOPs' popularity?
A) ESOPs provide tax advantages to employers.
B) ESOPs provide very high risk-free retirement income.
C) Employees can use ESOPs to buy their company during financial crises.
D) ESOPs must invest at least 51 percent of its assets in the company's own stocks.
E) The employees are provided with many more stocks than they actually own.

Question

Quizplus · Accepted Answer

ESOPs can be attractive to employers. Along with tax and financing advantages, ESOPs give employers a way to build pride in and commitment to the organization.

Which of the Following Is a Reason for ESOPs' Popularity