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Author: | Core, J. E. Guay, W. R. |
Title: | Stock option plans for non-executive employees |
Journal: | Journal of Financial Economics
2001 : JUL, VOL. 61:1, p. 253-287 |
Index terms: | COMPENSATION EMPLOYEES FINANCING INCENTIVES STOCK OPTIONS |
Language: | eng |
Abstract: | The authors examine determinants of non-executive employee stock option holdings, grants, and exercises for 756 firms during 1994-1997. They find that firms use greater stock option compensation when facing capital requirements and financing constraints. |
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