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An employee stock ownership plan denies employees the right to participate in votes by shareholders even if the stock is registered on a national exchange. True False
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An employee stock ownership plan denies employees the right to participate in votes by shareholders even if the stock is registered on a national exchange. True False

User UnitStack
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Answer:False

Step-by-step explanation:

Employee stock ownership plan is a plan aimed at benefiting Employees of a company by giving them the power to own certain parts of the company thorough the purchase of stocks. Employee stock ownership has been promoted by many corporations in order to ensure that the workers are motivated and encouraged to to see themselves as part owners of the company.

EMPLOYEE STOCK OWNERSHIP PLAN DOES NOT PREVENT EMPLOYEE WHO OWN STOCKS FROM PARTICIPATING IN THE VOTING PROCESS DURING ELECTIONS TO CHANGE BOARD MEMBERS.

User Molecular Man
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