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Does employee stock ownership program reduce a company’s stock volatility during the Covid-19 lockdown?
We examine whether the ESOP (employee stock ownership program) has a significant effect on a company’s stock volatility during the Covid-19 lockdown. We find that although banks’ stock prices were more volatile in response to the rise of covid-19 confirmed cases, banks with ESOP showed significantly...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Elsevier B.V.
2021
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8428963/ https://www.ncbi.nlm.nih.gov/pubmed/34522621 http://dx.doi.org/10.1016/j.jbef.2021.100558 |