84.6k views
2 votes
Explain the voting rights of ESOP participants of public corporations

User Talonmies
by
8.0k points

1 Answer

7 votes

Final answer:

ESOP participants of public corporations have voting rights based on the number of shares they own.

Step-by-step explanation:

In public corporations, ESOP participants have voting rights based on the number of shares of stock they own. The more shares of stock a shareholder owns, the more votes they are entitled to cast for the company's board of directors.

User Mevatron
by
7.7k points