Alternatives to Traditional Repricing of Executive Stock Options

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Jerry T. Yang;
(2011)
  • Journal: Review of Pacific Basin Financial Markets and Policies,volume 14,issue 1,pages35-80
  • Subject: Repricing, delayed repricing, advanced repricing, executive stock options, dynamic programming, agency costs
    • jel: jel:G1 | jel:G2 | jel:G3

The main purpose of this paper is to examine two commonly used alternatives to traditional repricing (TR) of executive stock options (ESOs) in a dynamic agency model. TR practices have become obsolete since new accounting rules took effect in July 2000. To avoid associa... View more
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