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Author: | Oyer, P. Schaefer, S. |
Title: | Why do so many firms give stock options to all employees?: an empirical examination of alternative theories |
Journal: | Journal of Financial Economics
2005 : APR, VOL. 76:1, p. 99-133 |
Index terms: | SHARE INCENTIVE SCHEMES Incentives Stock options |
Language: | eng |
Abstract: | This article discusses why companies give stock options to all employees. The writers consider three justifications for this: providing incentives to employees, inducing employees to sort, and employee retention. |
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