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In analyzing the decision to expense stock options, we find a greater likelihood of options expensing for firms with greater transparency and a closer alignment of interests between managers and shareholders. These results provide indirect evidence that expensing is more likely in firms that practice good corporate governance. We show that firms are less likely to expense when option usage is higher and that this negative relation is stronger for firms that are smaller, have high growth, and are less profitable. We also find that the announcement period returns are not significantly different from zero.
Racial discrimination; summary judgment; demotion; excessive breaks; indirect evidence of racial discrimination; prima facie; R.C. 4112.
A Niagara County prosecutor said Friday she is offering mainly circumstantial evidence in the death of a baby from a morphine overdose last year, but that doesn't mean the indictment against the parents should be thrown out. Defense attorneys argued at length before Niagara County Judge Matthew J. Murphy III that the criminally negligent homicide charges against Nicholas A. Doxey and Sara E. Nigro should be dismissed because the evidence used by the district attorney's office doesn't constitute a crime.
... to the same very generous "any credible evidence" standard, (67) the U visa mandates that the suppo...
MISCELLANEOUS - contempt; notice of appeal; abuse of discretion; indirect; weight of evidence; sufficiency of evidence; lack of compliance with court order.
This article examines factors affecting the growth in the Social Security Administration's disability programs. We synthesize recent empirical evidence on factors affecting trends in applications and awards for Disability Insurance and Supplemental Security Income (SSI) benefits and duration on the rolls. Econometric analyses of pooled time-series, cross-sectional data for States provide strong evidence of business cycle effects on applications and, to a lesser extent, on awards. Substantial effects of cutbacks in State general assistance programs are also found, especially for SSI. Estimated effects of the aging of the baby boomers, growth in the share of women who are disability insured, the AIDS epidemic, and changes in family structure are also presented. Indirect evidence suggests ...
gender discrimination – indirect evidence – prima facie case – constructive discharge
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