Bolliger, Guido; Kast, Manuel - Institut für Schweizerisches Bankwesen <Zürich>; … - 2004
During the last decade, a surprisingly high percentage of U.S. companies has fulfilled or beatenanalysts´ earnings per share forecasts. One of the most frequently cited reasons for this growingtendency is a change in the nature of U.S. executive compensation structure. As stock options...