Employee buyouts: causes, structure, and consequences
Article Abstract:
Employee buyout (EBO) permits companies to gain entry into excess pension assets by changing the defined benefit pension capital of employees to equity claims. Conversion of pension capital releases the excess assets in the pension plan which can later be used in funding the buyout. Participation of employees in EBOs greatly helps in terms of financially supporting the buyout.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 1998
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Understanding the deteminants of managerial ownership and the link between ownership and performance: comment
Article Abstract:
In examining the relationship between managerial ownership and firm performance, fixed effects estimators may not detect an effect because managerial ownership changes slowly from year to year.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2001
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Own company stock in defined contribution pension plans: a takeover defense?
Article Abstract:
Implications of employee ownership of stocks in defined contribution pension plans on takeover resistance are examined.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2006
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