Disentangling managerial incentives from a dynamic perspective: The role of stock grants
Author:
Affiliation:
1. Department of Economics; Aix-Marseille University; Provence France
2. Department of Economics; McGill University; Montreal Canada
3. Tasmanian School of Business and Economics; University of Tasmania; Hobart Tasmania
Publisher
Wiley
Subject
Economics and Econometrics
Link
http://onlinelibrary.wiley.com/wol1/doi/10.1111/1468-0106.12243/fullpdf
Reference18 articles.
1. On the optimality of resetting executive stock options;Acharya;Journal of Financial Economics,2000
2. Stock options and managerial contracts;Aseff;Economic Theory,2005
3. Eviction threats and investment incentives;Banerjee;Journal of Development Economics,2004
4. Risk-aversion and planning horizon;Bommier;Journal of the European Economic Association,2006
5. Stock grants as a commitment device;Clementi;Journal of Economic Dynamics and Control,2006
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