Kontakt
Wie einkaufen
Versand
Kaufberater
Costs and Incentive Effects of Stock Option Repricing
Englisch
182 b
DEMNÄCHST
Termin unbekannt
30 Tage für die Rückgabe der Ware
Das könnte Sie auch interessieren
/
Hardcover
70.50
€
Does repricing of executive stock options, i.e. the practice of lowering the exercise price when options are out-of-the-money unfairly reward managers for poor performance and thereby undermine incentives set by the compensation contract? In a study that compares the pay package containing repriced option with an otherwise adjusted package it is shown that repricing is not more expensive to shareholders than otherwise adjusting non-option compensation components. However, the package containing repriced options provides significantly stronger incentives. Furthermore, a policy that constrains the board of directors from repricing does not have significant effects on shareholders' returns.
Informationen zum Buch
Englisch
Kategorie
