Reference no: EM133035453

ESOP- Employee stock ownership plan is an employee benefit plan that invests in sponsoring an employer's stock. Companies set up a fund in which it contributes new shares of their own stock or cash to maintain existing stocks. The BRPP- Blue Ridge Paper Products differs from an ESOP in the way that employees utilize the association of capital firm. A BBRP can be seen as borrowing money in order to invest in purchasing more shares. An employee can agree to take a 15% cut for several years and also freeze their benefits to see investment profits.

There are ethical concerns, in this case, the main one being that the company has employees go to India for any medical procedure. This is a concern since employees may not be familiar with any of the medical practices, policies, and culture of a foreign country. This can result in practices that they may not agree or understand clearly. Language is another barrier that even if one intends to understand and communicate how they may feel language is a barrier, along with travel accessibility, and in case of an emergency, everyone is difficult to reach. What can be done to prevent ethical concerns (use your own words)