Does employee stock ownership plan have monitoring and incentive effects? --An analysis based on the perspective of corporate risk taking

Does employee stock ownership plan have monitoring and incentive effects? --An analysis based on the perspective of corporate risk taking

This study uses sample data of Chinese A-share listed companies from 2006 to 2022 and employs methods such as propensity score matching (PSM), difference-in-differences (DID), and instrumental variables (IV) to study the supervisory incentive effect of ESOPs from the perspective of corporate risk-ta...

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Bibliographic Details
Main Authors: Quan Zhou, Heyang Han, Junhua Han
Format: Article
Language:English
Published: Elsevier 2024-01-01
Series:Heliyon
Subjects:
ESOP
Supervisory incentives
Risk-taking
R&D investment
Overinvestment
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844024005206

Internet

http://www.sciencedirect.com/science/article/pii/S2405844024005206

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