Kiss the Baby for the Nurse’s Sake? - Guaranteeing Employees’ Stock Purchase against Loss Program

This paper investigates the unique and interesting phenomenon of the Guaranteed Employees Stock Purchase against Loss Program (GESPLP) that Chinese companies have initiated in recent years. The GESPLP encourages employees to buy shares and ensures them against losses for 12 months. We comprehensivel...

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Bibliographic Details
Main Authors: Xiao, MingFang, Cao, June, Chiang, Y.
Format: Journal Article
Published: Elsevier 2022
Online Access:https://doi.org/10.1016/j.irfa.2022.102119
http://hdl.handle.net/20.500.11937/88210