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Persistent link: https://www.econbiz.de/10010867714
While it is widely acknowledged that financial analysts play an increasingly vital informational role in capital markets, the precise nature of analysts’ informational role in capital markets is not well understood. Commentators frequently assume that analysts obtain their most useful...
Persistent link: https://www.econbiz.de/10008479436
One role of stock options in executive compensation packages is to counterbalance the inherently short-term orientation of base salary and annual bonuses. Managerial compensation plans frequently include stock options in order to better align the interests of managers and outside shareholders...
Persistent link: https://www.econbiz.de/10005701163
The Supreme Court has gradually narrowed the number of persons who are protected by the National Labor Relations Act should they seek to form or join a union, in part by ruling that professionals who also serve as supervisors of less skilled employees are not covered by the Act. The market';s...
Persistent link: https://www.econbiz.de/10005675725
Event study methodology was used to assess the effects of both layoff and employment guarantee announcements on shareholder returns. The Wall Street Journal was used to identify 368 firms that announced layoffs and 13 firms that announced employment guarantees in 1993 or 1994. The results were...
Persistent link: https://www.econbiz.de/10005687110
This article is an empirical examination of whether or not stockholder wealth rises in response to passage of a right-to-work law—a state law banning union security clauses from collective bargaining agreements. Stockholder wealth rose when Louisiana passed such a law in 1976 and when Idaho...
Persistent link: https://www.econbiz.de/10005738748