Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/21373
Full metadata record
DC FieldValueLanguage
dc.contributor.advisorSingla, Chitra
dc.contributor.authorSadani, Navneet
dc.contributor.authorJain, Rohan
dc.date.accessioned2019-02-19T01:32:50Z
dc.date.available2019-02-19T01:32:50Z
dc.date.issued2016
dc.identifier.urihttp://hdl.handle.net/11718/21373
dc.description.abstractThere has been a lot of research on the effect of employee stock options given to executives on the firm’s performance and diversification decisions. However, most of this research pertains to firms outside India. We have collected data on the firms which are publicly listed in India to study this relationship. We argue that an incentive contract with higher level of ESOPs to executive directors in business groups would be associated with higher level of international diversification, but lower level of product diversification. Our results are not statistically significant for us to say anything about the relationship of ESOPs with firm’s decisions on international diversification when it comes to business groups. However, we observe that our hypothesis about the relationship of ESOPs with product diversification in business groups does not hold, because the results show that while the executives with higher ESOPs would want more product diversification, the directors in the business group would not want high product diversification.en_US
dc.publisherIndian Institute of Management Ahmedabaden_US
dc.relation.ispartofseriesSP2201;
dc.subjectEmployee Stock Option Plansen_US
dc.subjectESOPsen_US
dc.titleEffect of employee stock ownership plan on a firm’s diversification decisions and performance: a study of Indian family firmsen_US
dc.typeStudent Projecten_US
Appears in Collections:Student Projects

Files in This Item:
File Description SizeFormat 
SP_2201.pdf
  Restricted Access
1.39 MBAdobe PDFView/Open Request a copy


Items in IIMA Institutional Repository are protected by copyright, with all rights reserved, unless otherwise indicated.