Stata统计分析在商业研究中应用.pdfVIP

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Front.Bus.Res.2011,5(2):266–290

DOI10.1007/s11782-011-0131-6

RESEARCHARTICLE

YujunLian,ZhiSu,YuedongGu

EvaluatingtheEffectsofEquityIncentives

UsingPSM:Evidencefrom

©HigherEducationPressand-Verlag2011

Thispaperinvestiestheeffectsofequityincentivesonfirm

performanceinlistedfirms.Weaddressthesampelectionproblemby

employingthepropensityscorematchingmethodology.Resultsshowthat,(1)

Onthewhole,performanceispo

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