Essays on executive equity-based compensation and equity ownership

Doctoral thesis English OPEN
Elsilä, A. (Anna);
  • Publisher: Oulun yliopisto
  • Journal: eissn: 1796-2269
  • Subject: agency theory | equity-based incentives | executive compensation | stock options | agenttiteoria | johdon palkitseminen | osakeoptio | osakepohjainen kannustinjärjestelmä

Abstract A major proposition of the agency theory is that the conflict of interests between an agent and a principal is reduced when the agent’s wealth and compensation are tied to the performance of the firm. Apart from the direct predicted relation to corporate per... View more
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