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Author: | Angel, J. J. McCabe, D. M. |
Title: | The ethics of managerial compensation: The case of executive stock options |
Journal: | Journal of Business Ethics
2008 : MAR I/II, VOL. 78:1-2, p. 225-235 |
Index terms: | compensation managers stock options ethics business ethics pay incentives |
Language: | eng |
Abstract: | This article focuses on the ethics of executive stock options. Nowadays, few companies recognize the effect of external noise such as the overall return on the stock market in their executive compensation schemes. This can be seen as an ethical problem for executives and board of directors. In addition, there are ethical problems with the accounting principles related to executive stock options. |
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