28 October 2024

Employee ownership trusts gain ground

Multiple-choice questions. In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please reread the article before attempting the questions again.

  1. How many UK businesses are estimated to be using the EOT model?

  2. Who is the legal owner of the shares in an EOT?

  3. In an EOT, which employees have a controlling interest?

  4. What are the advantages of an EOT?

  5. Which of the following statements is true? Statement 1, EOTs are a viable alternative to traditional merger and acquisition deals, or statement 2, Business owners can sell shares to the EOT free of capital gains tax

  6. What percentage of the business can shareholders retain?

  7. Which of the following is in the top-five sectors to adopt employee ownership?

  8. Which of the following statements is true? Statement 1, EOTs often enjoy higher levels of productivity than traditional businesses, or statement 2, EOTs often enjoy higher levels of innovation than traditional businesses

  9. What are the disadvantages of an EOT?

  10. In Northern Ireland, how many EOTs are estimated to have been completed so far?

1 Unit