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Employee Stock Ownership Plans and Corporate Restructuring: Myths and Realities

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NBER1989-09-01 更新2025-01-04 收录
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During the first six months of 1989 U.s. corporations acquired over $19 billion of their own stock to establish employer stock ownership plans (ESOPs). We evaluate the common claims that there exist unique tax and incentive contracting advantages to establishing ESOPs. Our analysis suggests that,

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1989-09-01
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