Purpose – The objective of this research is to examine the effect of a broad-based option program on voluntary employee turnover. Design/methodology/approach – The paper examines the effect of a broad-based stock option program in a Fortune 100 company during the 1990s and uses logistical...

Purpose – The purpose of this paper is to show that director turnover varies in predictable and intuitive ways with director incentives. Design/methodology/approach – The paper uses a sample of 51,388 observations pertaining to 13,084 directors who served 1,065 firms during the period...

Purpose – The objective of this research is to examine the effect of a broad‐based option program on voluntary employee turnover. Design/methodology/approach – The paper examines the effect of a broad‐based stock option program in a Fortune 100 company during the 1990s and uses...

Purpose – The purpose of this paper is to show that director turnover varies in predictable and intuitive ways with director incentives. Design/methodology/approach – The paper uses a sample of 51,388 observations pertaining to 13,084 directors who served 1,065 firms during the period...