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Stock Options and Employees' Firm-Specific Human Capital under the Threat of Divesture and Aquisition

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  • Hiroshi Osano

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  • Hiroshi Osano, 2001. "Stock Options and Employees' Firm-Specific Human Capital under the Threat of Divesture and Aquisition," Working Papers 01-10, Ohio State University, Department of Economics.
    • Handle: RePEc:osu:osuewp:01-10
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    File URL: http://economics.sbs.ohio-state.edu/pdf/osano/01-10.pdf
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    References listed on IDEAS

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    8. Chang, Saeyoung & Mayers, David, 1992. "Managerial vote ownership and shareholder wealth *1: Evidence from employee stock ownership plans," Journal of Financial Economics, Elsevier, vol. 32(1), pages 103-131, August.
    9. Ippolito, Richard A & James, William H, 1992. "LBOs, Reversions and Implicit Contracts," Journal of Finance, American Finance Association, vol. 47(1), pages 139-167, March.
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    11. Boot, Arnoud W A, 1992. "Why Hang on to Losers? Divestitures and Takeovers," Journal of Finance, American Finance Association, vol. 47(4), pages 1401-1423, September.
    12. Aloke Ghosh & William Ruland, 1998. "Managerial Ownership, the Method of Payment for Acquisitions, and Executive Job Retention," Journal of Finance, American Finance Association, vol. 53(2), pages 785-798, April.
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    16. Agrawal, Anup & Knoeber, Charles R., 1998. "Managerial compensation and the threat of takeover," Journal of Financial Economics, Elsevier, vol. 47(2), pages 219-239, February.
    17. Brown, David T & Ryngaert, Michael D, 1991. "The Mode of Acquisition in Takeovers: Taxes and Asymmetric Information," Journal of Finance, American Finance Association, vol. 46(2), pages 653-669, June.
    18. Aoki, Masahiko, 1989. "The nature of the Japanese firm as a nexus of employment and financial contracts: An overview," Journal of the Japanese and International Economies, Elsevier, vol. 3(4), pages 345-366, December.
    19. Jaggia, Priscilla Butt & Thakor, Anjan V, 1994. "Firm-Specific Human Capital and Optimal Capital Structure," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(2), pages 283-308, May.
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