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Table 1 Semiannual ESOP adoptions and observations

From: Employee stock ownership plan and stock price crash risk

Semiannual ESOP adoptions ESOP firm-semiannual observations
2014–2 49 98
2015–1 146 390
2015–2 208 666
2016–1 103 808
2016–2 70 896
2017–1 103 1032
2017–2 104 942
Total 783 4832
  1. Notes. This table reports the number of ESOP adoptions and the number of firm-semiannual observations identified through PSM from the second half of 2014 (2014–2) to the second half of 2017 (2017–2)