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Page 2
From: Executive equity incentives and opportunistic manager behavior: new evidence from a quasi-natural experiment
Firm-years
Intersection of Compustat/CRSP/I/B/E/S/Execucomp, 2002–2007
8,145
Less:
Financial institutions and utility sector firms
−2,137
Missing variables
−1,455
Firms without observations in both the pre- and post-event periods
−383
Fewer than five analysts following the firm
−914
Final sample
3,256
This table summarizes the sample selection process.