Chen, Chia-Hui; Lin, Lyuh-Yi - In: International Journal of Accounting and Finance 1 (2008) 2, pp. 121-148
Comparing 341 public companies that did not implement employee stock bonus policies with 317 that did during the period from 1989 to 2006, the study identifies that the factors significantly influencing decisions on the percentage of after-tax surplus profits to be distributed as employee stock...
