Buck, Trevor; Shahrim, Azura; Winter, Stefan - In: Journal of Management and Governance 8 (2004) 2, pp. 173-186
Equity-based pay in the form of executive share options (ESOs) is a controversial part of the typical, US-style governance package, and ESOs in Germany are the focus of this paper. A conventional view would see ESOs as a US-style organizational innovation diffusing globally in general, and to...