Article ID Journal Published Year Pages File Type
5060747 Economics Letters 2012 4 Pages PDF
Abstract
► We analyze the effect of granting options on executive stock purchases. ► We use a simple asymmetric information model. ► The model shows that there is complementarity between executive options and stock ownership. ► Also, managers can be made worse off by being granted more executive options.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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The effect of option granting on executive stock purchases
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