Stock options plans: Solving agency issues
作者: João Silva André Feiteiro
刊名: Corporate Governance and Sustainability Review, 2019, Vol.3 (2)
来源数据库: Virtus Interpress Publishing House
DOI: 10.22495/cgsrv3i2p4
关键词: RemunerationManagementStockOptions
原始语种摘要: Internal decision-making processes of companies are not a truly homogeneous process taking into consideration all parties to a company. On the contrary, it is a reflex of the intention of an entitled few that finds legitimacy in corporate structure. An efficient alignment of interests of all parties is crucial and attainable through remuneration policies, and specifically, through variable and performance-driven compensation. After all, these interests are essentially economic interests. In this paper, the focus is stock options plans as a solution to agency issues. Because options stimulate the acquisition of shares of the company, management tends to have more skin on the game, discouraging excessive risk taking but also entailing long-term commitment with the company. We believe that...
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  • 使...人灰心的 行情
  • options 保留购买权
  • agency 代办处
  • stock 岩株
  • corporate 法人的
  • governance 统治方式
  • company 公司
  • management 管理
  • prices 行情
  • discouraging 行情
  • conclude 结论