Which of the Following Is LEAST Likely to Create an Ownership

question 74

Multiple Choice

Which of the following is LEAST likely to create an ownership culture?

• A)Employee stock ownership plans
• B)Commissions
• C)Stock option plans
• D)Gainsharing plans
• E)None of the answers apply.

Understand the components and purpose of a securities registration statement.

Understand the key provisions and intentions behind the Sarbanes-Oxley Act of 2002.

Identify the information required in SEC filings, including Form 10-Q, and the purpose of these filings.

Examine the reasons behind corporate scandals and the legislative responses to prevent future occurrences.

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Definitions:

Legal Requirements

Statutory obligations that individuals or companies must follow as prescribed by law, which can vary by jurisdiction and industry sector.

Hot-Stove Rule

A principle in discipline management likening the consequences of misconduct to touching a hot stove, emphasizing that discipline should be immediate, consistent, impersonal, and informative.

Involuntary Turnover

The termination of employees' positions due to factors beyond their control, such as layoffs or downsizing, not due to personal performance.

Voluntary Turnover

Occurs when employees choose to leave their positions, often due to better job offers, personal reasons, or dissatisfaction with their current roles.