The Following Preliminary Conclusions May Be Reported Based on a Research

The following preliminary conclusions may be reported based on a research on the effects of ESOPs except:

A) Labor-management cooperation does not emerge automatically when publicly traded companies move into employee ownership.
B) Employee ownership leads to greater identification of the employees with the company.
C) The presence of an ESOP does not make a firm more productive,efficient,or profitable.
D) Employees receive less information about the company.
E) Generally,the role of the union does not change except when the union made an early and ongoing effort to become involved in the change process.