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Mazni BT Abdul Ghaffar I16201477
Mazni BT Abdul Ghaffar I16201477
Mazni BT Abdul Ghaffar I16201477
I16201477
Chapter 14
Chapter 13
1) What is ESOPs?
Employee Stock Ownership Plans (ESOPs) is a program in which the employee become
investors in the company, thereby creating an internal source of funding. An ESOP is a tax-
qualified retirement benefit plan and in essence borrows money, usually from a bank or
insurance company’s stock.