Showing 1 - 10 of 10
Executive Stock Option Programs (SOPs) have become the dominant compensation instrument for top-management in recent years. The incentive effects of an SOP both with respect to corporate investment and financing decisions critically depend on the design of the SOP. A specific problem in...
Persistent link: https://www.econbiz.de/10010316277
Persistent link: https://www.econbiz.de/10003410023
Persistent link: https://www.econbiz.de/10003213563
Executive Stock Option Programs (SOPs) have become the dominant compensation instrument for top-management in recent years. The incentive effects of an SOP both with respect to corporate investment and financing decisions critically depend on the design of the SOP. A specific problem in...
Persistent link: https://www.econbiz.de/10005844557
Persistent link: https://www.econbiz.de/10004751611
Persistent link: https://www.econbiz.de/10013444458
Persistent link: https://www.econbiz.de/10002896425
Persistent link: https://www.econbiz.de/10003647596
This study experimentally investigates whether shareholders correctly anticipate the incentive effects of increasingly complex compensation packages given to managers, and whether potential biases in individual shareholder beliefs carry over to price and volume effects in a stock market. In the...
Persistent link: https://www.econbiz.de/10013076453
Persistent link: https://www.econbiz.de/10012656548