Final answer:
The typical form of an employee stock ownership plan (ESOP) involves a company allowing its employees to own a portion of the company's stock, aligning their interests with those of the shareholders.
Step-by-step explanation:
The typical form of the employee stock ownership plan (ESOP) involves a company allowing its employees to own a portion of the company's stock. This can be done through various mechanisms, such as granting employees stock options or providing them with shares of stock as part of their compensation package. The idea behind an ESOP is to give employees a stake in the company's success and align their interests with those of the shareholders. By owning stock in the company, employees can benefit from any increase in the stock's value and may also have voting rights on certain corporate matters.