An ESOP is an:
A) equitable stock ownership plan
B) employee stock ownership plan
C) employee salary option program
D) equity in salary organizational plan
E) employer/subordinate organizational profit

Question

Quizplus · Accepted Answer

An ESOP stands for an employee stock ownership plan, which is a program that allows employees to own a portion of the company's stock. This can provide employees with a sense of ownership and also potential financial benefits if the company's stock value increases.

An ESOP Is An