Insider Trading Around ESOP Announcements: Wealth Effect vs. Control Effect
Following the enactment of ERISA (Employee Retirement Income Security Act) in 1974, employee stock ownership plans (ESOPs) have become a popular form of employee compensation among U.S. companies. The introduction of an ESOP has important implications for management interest that should encourage in...
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Format: | Article |
Language: | English |
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Universiti Utara Malaysia Press
2003
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Online Access: | http://repo.uum.edu.my/25125/1/IJBF%201%202%202003%2089%20110.pdf http://repo.uum.edu.my/25125/ http://ijbf.uum.edu.my/index.php/previous-issues/132-the-international-journal-of-banking-and-finance-ijbf-vol-1-no-2-june-december-2003 |
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