Bhargava, Alok - In: Review of Quantitative Finance and Accounting 40 (2013) 3, pp. 403-422
This paper modeled the dynamic inter-relationships between average salary, bonus, and stock options granted to top executives of 700 US firms using a merged ExecuComp and Compustat database. The effects of stock options granted and exercised on firms’ share repurchases and research and...