A new study reported on at the 2015 Rutgers Employee Ownership Fellows Program shows that companies advertising as employee-owned should have much more success in recruiting higher-skilled employees.
A new study by Mary Ducy and Zahid Igbal of Texas Southern University, and Aigbe Akhigbe of Florida Atlantic University, concludes that ESOPs have a negative effect on corporate performance in public firms, although stockholders tend to view ESOP announcements favorably.
In "Broad-Based Stock Options Before and After the Market Meltdown," James Sesil of Rutgers and Maya Krumova of the N.Y. Institute of Technology use NCEO lists of companies with broad-based options in 1998 and 2000 to evaluate the impact of these plans on productivity.
A new study by the Employee Benefit Research Institute and the Investment Company Institute shows that 17.7% of all 401(k) plan assets are invested in company stock. Not all plans offer company stock, however. In general, only publicly traded companies do so.
The Employee Benefit Research Institute reports that company stock comprised 7.4% of 401(k) assets in 2012, continuing a decline from close to 20% in the late 1990s.
In "Executive and Broad-Based Stock Options: Evidence from U.S. Panel Data," James Sesil of Rutgers and Yu Peng Li of the State University of New York at Buffalo look the performance of 291 companies after the introduction of both executive and broad-based options.
A soon-to-be-published study by Takao Kato of "ESOPs" in listed companies in Japan finds that these plans now have a mean ownership of about 7% of company stock. Most listed companies have these trust-based plans (which the Japanese call ESOPs).
A new study by Steven Huddart at the University of Michigan and Mark Lang of the University of North Carolina concludes that employees often exercise their options early, thus failing to maximize the theoretical value of the grant.
According to an article in the fall 2013 issue of the SRR Journal by Gian Ricco, based on data from S&P Capital IQ, there were 15,155 mergers and acqu