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Abstract - Quest for Global Competitiveness - Universidad de Puerto ...

Abstract - Quest for Global Competitiveness - Universidad de Puerto ...

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TABLE 2Number of Equity Compensation Plans in Sampled FirmsFirmswith Firms with onlyFirms withmore thanNumber of EquityCompensation Plansn no Plan One Plan One Plan per FirmMean MedianAnnouncing 166 - 28 138 2.83 2.00Matching 146 22 25 99 2.66 2.00n = Number of FirmsTABLE 3Descriptive Statistics <strong>for</strong> Observed Changesin the Equity Compensation Plans of Sampled FirmsnFirmswith nochangesFirms with oneor morechangesMaximumnumber ofchanges in onefirmNumber of Changesin EquityCompensation Plansper FirmMean MedianAnnouncing 166 69 97 4 1.024 1.000(4 firms)Matching 146 79 67 4 0.781 0(2 firms)n = Number of Firms16

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