Why Managers Hold Shares of Their Firms: An Empirical Analysis



Table 4: (continued)

CEO Ownership

Panel G: Treatment of Missing Returns 5%       10% Obs.

Setting Missing Returns to -100%

0.513*

( 0.276 )

0.901***

( 0.342 )

120

Panel H: Constant Number of Firms

Rank 1-100

Rank 1-250

Obs.

Ranking Ownership

0.951**

( 0.414 )

0.707**

( 0.284 )

120

40



More intriguing information

1. What Contribution Can Residential Field Courses Make to the Education of 11-14 Year-olds?
2. News Not Noise: Socially Aware Information Filtering
3. How do investors' expectations drive asset prices?
4. Gender stereotyping and wage discrimination among Italian graduates
5. The Economics of Uncovered Interest Parity Condition for Emerging Markets: A Survey
6. Critical Race Theory and Education: Racism and antiracism in educational theory and praxis David Gillborn*
7. WP RR 17 - Industrial relations in the transport sector in the Netherlands
8. WP 1 - The first part-time economy in the world. Does it work?
9. Nonlinear Production, Abatement, Pollution and Materials Balance Reconsidered
10. The name is absent