State antitakeover legislation and firm financial policy
Article Abstract:
Some US states instituted anti-takeover laws as a reaction to the proliferation of corporate takeover attacks during the 1980s. Attempts to qualify the effects of such measures on firm value have been initiated through traditional event methodology. Longer-term investment practices are thought to be used by firms less prone to takeovers. However, firms less likely to be targeted for takeover are shown to increase allocations for capital expenditures and research.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 1997
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The size of employee stakeholding in large UK corporations
Article Abstract:
Research into the level of stakeholding by workers in major UK firms found there was a relationship between the level of performance elasticity of a firm and whether it had a profit-sharing scheme for its workers. The study involved 392 companies, with data taken from 1983-1993.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 1999
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The effect of ESOP adoptions on corporate performance: are there really performance changes?
Article Abstract:
The impact of Employee Stock Ownership Programs (ESOPs) on corporate performance is considered. It is concluded that there is no evidence that ESOPs produce a permanent improvement in a firm's performance.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2000
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