The impact of stock option incentives on investment and firm value

Abstract

This paper analyzes the relations among firm-level stock option portfolio incentives, investment, and firm value based on a sample of Finnish firms during the time period 1987 – 2000. Utilizing exact and complete information regarding stock option portfolio characteristics, we find some evidence that firm investment is increasing in the incentives to… (More)

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Cite this paper

@inproceedings{Pasternack2002TheIO, title={The impact of stock option incentives on investment and firm value}, author={Daniel M Pasternack and Matts Rosenberg}, year={2002} }