Asked by Micaila Reinschild on Jul 09, 2024
Verified
Because of failing popularity and media scandals, the number of Canadian companies granting stock options to nonexecutive personnel has been decreasing in recent years.
Stock Options
A form of compensation that gives employees the right to purchase company stock at a predetermined price at a future date, often used as a retention strategy.
Nonexecutive Personnel
Employees within an organization who do not hold executive or managerial positions, often involved in day-to-day operations.
Media Scandals
Events or actions that receive widespread public disapproval and are extensively covered and criticized in the media.
- Understand stock ownership plans and their role in fostering employee investment in company success.
Verified Answer
Learning Objectives
- Understand stock ownership plans and their role in fostering employee investment in company success.
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