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the risk of biasness and collinearity among variables. The result of panel regression indicates that audit committee …
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–Scholes risk neutral valuation approach may not be appropriate to be adopted as the pricing vehicle for employee stock options, due … options with reload provision. The risk aversion of the employee enters into the pricing model through the choice of the … outstanding, the risk aversion level and personal wealth. In particular, we explore how the reload provision may lower the …
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Purpose – The purpose of this paper is to examine if the structure and design of CEO compensation has any effect on firm innovation. It further investigates the effectiveness of each component of portfolio of compensation incentives in encouraging innovation. Design/methodology/approach –...
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