Does employee stock ownership program reduce a company’s stock volatility during the Covid-19 lockdown?
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DOI: 10.1016/j.jbef.2021.100558
Abstract: 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… read more here.
Keywords: stock ownership; volatility; employee stock; ownership program ... See more keywords