Restricted stock units (RSUs) are a key component of executive compensation schemes, aligning executive incentives with the long-term goals of the company and compensating for the limitations of traditional stock options. This study empirically analyzes the impact of RSUs on corporate...

Drawing on two data sources from across Europe, we show that both bequest motives of parents and children's gender composition shape unequal divisions of bequests. First, the Survey on Health, Ageing and Retirement in Europe reveals that observed bequests are divided unequally when children...

Drawing on two data sources from across Europe, we show that both bequest motives of parents and children’s gender composition shape unequal divisions of bequests. First, the Survey on Health, Ageing and Retirement in Europe reveals that observed bequests are divided unequally when children...

We examine the dynamic effects of the loss of a spouse on mental health. We use data from the Survey of Health, Ageing and Retirement in Europe (SHARE) for 28 European countries over the period 2004-2022 and estimate event study regressions to examine how individuals' mental health changes over...

Drawing on two data sources from across Europe, we show that both bequest motives of parents and children's gender composition shape unequal divisions of bequests. First, the Survey on Health, Ageing and Retirement in Europe reveals that observed bequests are divided unequally when children...

This research empirically investigates how the adoption of restricted stock units (RSUs) affects earnings per share (EPS) and operating profit, focusing on variations across industries. RSUs have emerged as a strategic compensation tool for promoting alignment between employee interests and...

Drawing on two data sources from across Europe, we show that both bequest motives of parents and children's gender composition shape unequal divisions of bequests. First, the Survey on Health, Ageing and Retirement in Europe reveals that observed bequests are divided unequally when children...

In vielen europäischen Ländern zeigen sich erhebliche geschlechtsspezifische Unterschiede in der informellen Pflege von Angehörigen: Frauen pflegen Familienmitglieder wesentlich öfter als Männer. Der Unterschied in der Pflege zwischen den Geschlechtern, der Gender Care Gap, variiert stark...

In many European countries, men and women differ significantly in the amount of informal care work they provide for relatives, with women acting as caregivers far more frequently than men. This difference, known as the gender care gap, varies considerably between European countries, with Germany...

It is well-known that unemployment leaves scars after re-employment, but does this scarring effect persist even after retirement? We analyse European data on retirees from the SHARE panel, and show that the well-being of the retired continues to reflect the unemployment that they experienced...

Publicly funded pension systems are facing the challenge of remaining financially sustainable without lowering pensions. Raising the statutory retirement age gradually in line with the increase in life expectancy has been a key measure to solve the problem. The implicit assumption is that the...

In many European countries, men and women differ significantly in the amount of informal care work they provide for relatives, with women acting as caregivers far more frequently than men. This difference, known as the gender care gap, varies considerably between European countries, with Germany...

In vielen europäischen Ländern zeigen sich erhebliche geschlechtsspezifische Unterschiede in der informellen Pflege von Angehörigen: Frauen pflegen Familienmitglieder wesentlich öfter als Männer. Der Unterschied in der Pflege zwischen den Geschlechtern, der Gender Care Gap, variiert stark...

It is well-known that unemployment leaves scars after re-employment, but does this scarring effect persist even after retirement? We analyse European data on retirees from the SHARE panel, and show that the well-being of the retired continues to reflect the unemployment that they experienced...

The COVID-19 pandemic led to the lockdown of economies, resulting in the deterioration of the financial situation of numerous households. To support economies and societies, governments implemented various measures involving job protection and financial support. This study aims to assess the...

Publicly funded pension systems are facing the challenge of remaining financially sustainable without lowering pensions. Raising the statutory retirement age gradually in line with the increase in life expectancy has been a key measure to solve the problem. The implicit assumption is that the...

Der Sammelband enthält die Schriftfassung der Vorträge zur Tagung »Elektronische Aktien«, die anlässlich des Gesetzgebungsverfahrens zum Zukunftsfinanzierungsgesetz am 15. Mai 2023 in der Hessischen Landesvertretung in Berlin stattfand.

The banking industry is currently striving to adapt to the rapid development of technology, creating competitive advantages through knowledge management activities. This study investigates the impact of rewards on knowledge sharing behavior and its subsequent influence on individual work...

We provide recent and detailed estimates of the prevalence of kinlessness (i.e., people lacking [close] kin) among older individuals in 27 countries. We add to the literature by considering a broad range of kinship ties and examining within-country variabilities by age, sex, education, and...

Studying the impact of exogenous wealth shocks on health-related outcomes can help policymakers in the design and evaluation of social programs that provide income to certain groups. This paper analyzes the impact of unexpected inheritances on Body Mass Index, using data from the Survey of...

Traditionally, the data of inheritances in surveys are analysed assuming that they are equally shared within households. However, inheritances are individual assets, regardless of the marital property regime adopted at the time of marriage. In this paper, we examine the impact of individual...

We study the effect of the COVID-19 pandemic during the first semester of 2020 on the labor market outcomes of elderly workers, using data from the Survey of Health, Ageing and Retirement in Europe. We measure the gender gap in the conditional mean of the probability of experiencing a job...

The COVID-19 pandemic posed a major threat to the well-being of older Europeans. Its economic and social effects, however, varied across countries. This multidisciplinary book presents the first results of analyses that combined the renowned longitudinal database of SHARE with new data from two...

This paper contains a brief discussion of shareholders' equity in the company. Equity is the owner's right to the company's assets after all obligations are paid. The equity of a company can be calculated by subtracting the company's liabilities from the company's total assets. In other words,...

This chapter examines dual class common stock. Dual class stock has evolved from a vehicle used largely by insiders in family owned and media companies to retain control into a popular capital structure for founders and initial shareholders in technology start-ups. After briefly reviewing the...

This study aims to examine the positive relationship between stock liquidity and corporate cash holdings in the context of Japan and offer a novel explanation. Our explanation is based on the “dark side” of stock liquidity, according to which liquidity can aggravate corporate financial...

During the COVID-19 pandemic, technology stocks, such as FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google), attracted the attention of global investors due to the vast use of technology in daily business. However, technology stocks are generally considered risky stocks; hence,...

Dual-class stock creates a two-tiered ownership structure that allows new investors to buy a piece of a fast-growing company, with just one catch: they become second-class shareholders who have little or no voting power in the corporation. A rich literature debates whether this arrangement,...

Traditionally, the data of inheritances in surveys are analysed assuming that they are equally shared within households. However, inheritances are individual assets, regardless of the marital property regime adopted at the time of marriage. In this paper, we examine the impact of individual...

This study examines whether relevant accounting ratios influence the stock prices of high-technology service enterprises in five countries, namely, the United States, Japan, China, the United Kingdom, and France. Subsequently, this study determines the existence of pricing error (if any) between...

Prior research documents a positive relation between controlling shareholders’ share pledge and the probability of stock repurchase announcement. This study investigates whether and how stock mispricing and corporate governance affect this relation. By extending the framework of Chan, Chen,...