Which of the following is NOT a. To enable the firm to borrow at a below-market interest rate.
Which of the following is NOT a. To enable the firm to borrow at a below-market interest rate.
normally regarded as being a good reason to establish an ESOP?
b. To help prevent a hostile takeover.
c. To increase worker productivity.
d. To help retain valued employees.
e. To make it easier to grant stock options to employees.
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