Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
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|Understanding Nonparticipation in Employee Stock Purchase Plans|
National Bureau of Economic Research [NBER]
Apr. 15, 2004
Working paper. Excerpt: "The picture that emerges from the analysis of these data suggests that there is substantial non-participation in these plans even though all employees could increase gross compensation through participation. We discuss a number of potential explanations for non-participation."
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