Although there are not many ESOPs in the U.S. at the present time, those that exist usually have employee representation on corporate board of directors.

Question

Quizplus · Accepted Answer

While ESOPs (Employee Stock Ownership Plans) are relatively common in the U.S., it is not a standard practice for them to automatically include employee representation on corporate boards of directors. The decision to include employees on the board is up to each individual company and is not a direct consequence of having an ESOP.

Although There Are Not Many ESOPs in the U