Risk Incentives of Executive Stock Options and Strategic Alliances
碩士 === 國立成功大學 === 財務金融研究所 === 96 === A distinctive feature of stock options is that they create incentives for managers to take risks. For a sample of 12,071 firm-year alliances over 1992-2003, we find that risk-taking incentives offered by executive stock options (the sensitivity of ESO values to s...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2008
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/21057329169678623338 |