Because employee stock ownership plans can be expensive to set up, they are more common in larger firms than in smaller ones.

Name: Because employee stock ownership plans can be expensive to set up, they are more common in larger firms than in smaller ones.
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Question

Quizplus · Accepted Answer

Employee stock ownership plans can involve high administrative and legal costs, making them less practical for smaller firms with limited resources. Therefore, larger companies are more likely to implement such plans.

Because Employee Stock Ownership Plans Can Be Expensive to Set