This paper investigates a market-valuation-based hypothesis for employee stock options (ESOs). Given that stock prices do not track fundamental values perfectly, I show that ESOs can be used to sell overvalued stocks and to increase long-term shareholder value. The key cross-sectional prediction...

We examine the impact of the May 2003 dividend tax cut and managerial stock holdings on corporate dividend initiation. We find that executives who hold sizable stakes in their companies become more likely to initiate dividends following this tax cut. The firms that initiate dividends after the...

The Thrifty Food Plan (TFP) adapts a national average price and stipulates that all foods should be prepared at home (FAH). Our purpose was to calculate the TFP with regional prices and add Food Away From Home (FAFH) into the TFP model. Measures were calculated and compared across the TFP, the...

This paper aims to explore the socio-economic profiles of the nutrition label users and focuses on seven key nutrients: calories, calories from fat, total fat, trans fat, saturated fat, cholesterol, and sodium. The data are from National Health and Nutrition Examination Survey (NHANES) 2005-2006...