scholarly journals Cost Saving and the Freezing of Corporate Pension Plans

2020 ◽  
Author(s):  
Joshua Rauh ◽  
Irina Stefanescu ◽  
Stephen Zeldes
Keyword(s):  
Cost Saving ◽  
Pension Plans ◽  
Corporate Pension

scholarly journals Cost saving and the freezing of corporate pension plans

2020 ◽  
Vol 188 ◽  
pp. 104211
Author(s):  
Joshua D. Rauh ◽  
Irina Stefanescu ◽  
Stephen P. Zeldes
Keyword(s):  
Cost Saving ◽  
Pension Plans ◽  
Corporate Pension

scholarly journals Cost Saving and the Freezing of Corporate Pension Plans

2020 ◽  
Author(s):  
Joshua D. Rauh ◽  
Irina Stefanescu ◽  
Stephen P. Zeldes
Keyword(s):  
Cost Saving ◽  
Pension Plans ◽  
Corporate Pension

scholarly journals Cost Saving and the Freezing of Corporate Pension Plans

2015 ◽  
Author(s):  
Joshua D. Rauh ◽  
Irina Stefanescu ◽  
Stephen P. Zeldes
Keyword(s):  
Cost Saving ◽  
Pension Plans ◽  
Corporate Pension

scholarly journals Corporate pension plans and investment choices: Bargaining or conforming?

2018 ◽  
Vol 50 ◽  
pp. 519-537 ◽  
Author(s):  
Meryem Duygun ◽  
Bihong Huang ◽  
Xiaolin Qian ◽  
Lewis H.K. Tam
Keyword(s):  
Pension Plans ◽  
Corporate Pension ◽  
Investment Choices

Financing Constraints and the Cost of Capital: Evidence from the Funding of Corporate Pension Plans

2011 ◽  
Vol 25 (3) ◽  
pp. 868-912 ◽  
Author(s):  
John L. Campbell ◽  
Dan S. Dhaliwal ◽  
William C. Schwartz
Keyword(s):  
Cost Of Capital ◽  
Pension Plans ◽  
Financing Constraints ◽  
Corporate Pension ◽  
The Cost

Financial health and the valuation of corporate pension plans

2019 ◽  
Vol 19 (4) ◽  
pp. 459-490
Author(s):  
Jun Cai ◽  
Miao Luo ◽  
Alan J. Marcus
Keyword(s):  
Property Rights ◽  
Pension Plan ◽  
Pension Plans ◽  
Defined Benefit ◽  
Financial Health ◽  
Valuation Effects ◽  
Defined Benefit Pension Plan ◽  
Corporate Pension ◽  
Standing Question

AbstractWe return to the long-standing question ‘Who owns the assets in a defined benefit pension plan?’ Unlike earlier studies, we condition the market's assessment of implicit property rights on the sponsoring firm's financial health. Valuations of financially strong firms, and those that are strengthening, are more responsive to pension plan funding. For these firms, each extra dollar of net plan assets is valued at between $0.50 and $1.00. In contrast, for weak and weakening firms, valuation effects are statistically indistinguishable from zero. This result is consistent with the higher likelihood that they will renege on their pension obligations.

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