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Author:Bettis, J.C.
Bizjak, J.M.
Lemmon, M.L.
Title:Exercise behavior, valuation, and the incentive effects of employee stock options
Journal:Journal of Financial Economics
2005 : MAY, VOL. 76:2, p. 445-470
Index terms:Corporate governance
Executive remuneration
Stock options
Language:eng
Abstract:This article provides guidance about how differences in exercise behavior and model choice affect measures of employee stock option values and incentives, and underscores the importance of gaining a thorough understanding of the underlying economic forces that affect the behavior of employee stock option holders.
SCIMA record nr: 258082
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