Abstract
The employee stock ownership plan is a mechanism in which employees within a company share ownership of the company and participate in the distribution of company profits by holding the company's stock or options. Taking the three-phase employee stock ownership plans of Meinian Health (Meinian Onehealth Healthcare Holdings Co., Ltd.) as an example, this paper analyzes the implementation motives of Meinian Health's three-phase stock ownership plan, and compares the market reaction before and after the implementation and Meinian Health's corporate governance capabilities and operating performance, it is found that when the employee stock ownership plan is launched, the stock price will rise sharply in the short term, but the self-interested opportunity of major shareholders will greatly weaken this effect.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
