Rapp, Marc Steffen; Schaller, Philipp; Wolff, Michael - Center for Entrepreneurial and Financial Studies <München> - 2009
While in the US stock-based incentives are commonly used since the 50s of the last century, in Germany they were invented only some ten years ago. Even in 1996 firms faced considerable regulatory difficulties when willing to grant such incentives. In the meantime the legal environment has...
