The effect of option granting on executive stock purchases

Paul A. Grout, Anna Zalewska

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

We provide a simple asymmetric information model showing that, in contrast to portfolio diversification arguments, there is a natural complementarity between executive options and stock ownership. Moreover, managers can be made worse off by being granted more executive options.
Original languageEnglish
Pages (from-to)12-15
JournalEconomics Letters
Volume114
Issue number1
DOIs
Publication statusPublished - Jan 2012

Fingerprint Dive into the research topics of 'The effect of option granting on executive stock purchases'. Together they form a unique fingerprint.

Cite this