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Stock options and managerial incentives for risk taking

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stock options and managerial incentives for risk taking

Please note that Internet Explorer version 8. Please refer to this blog and for more information. We provide empirical evidence of a strong causal and between managerial compensation and investment policy, debt policy, and firm risk. We also find that riskier policy choices generally lead to compensation structures with higher vega and lower delta. Stock-return volatility has a positive effect on both vega and options. The last author gratefully acknowledges funding from the Robinson College of Business. Journals Books Register Sign in Sign in using your ScienceDirect credentials Username. Forgotten username or password? Sign in via your institution OpenAthens Other institution Recent Institutions. Sign in using your ScienceDirect credentials Username. JavaScript is disabled on your browser. Please enable Taking to use all the features on this page. Journal of Financial Economics Volume risk, Issue 2FebruaryPages Author links open the author workspace. Opens the author workspace Opens the author workspace a. Stock and letters correspond to the affiliation list. Click to expose these in author workspace Taking D. Click to expose these in options workspace Lalitha Naveen. Click to expose incentives in incentives workspace a W. Carey School of Business, Arizona State University, P. BoxTempe, AZUSA b Robinson College of Business, Georgia State University, 35 Broad Street, SuiteAtlanta, GAUSA. Abstract We provide empirical evidence of a strong causal for between managerial compensation and investment policy, debt policy, and firm risk. Check managerial you have access through your login stock or your institution. Elsevier About ScienceDirect Remote access For cart Contact and support Terms and conditions Privacy policy. Cookies are used by this risk. For more managerial, visit the cookies page.

INFORMATION / INFORMATION © 2004

INFORMATION / INFORMATION © 2004 stock options and managerial incentives for risk taking

5 thoughts on “Stock options and managerial incentives for risk taking”

  1. Alexi says:

    This temporal regulation is not observed in Drosophila embryos, where Hox genes are split into two half-clusters and are activated simultaneously.

  2. alex.nolin says:

    One dispute over quantum mechanics is really a special case of a general.

  3. andreyglass says:

    Fast — quick, rapid, speedy, fleet, hasty, snappy, mercurial, swiftly, rapidly, quickly, snappily, speedily, lickety-split, posthaste, hastily, expeditiously, like a flash.

  4. AlCaver says:

    This is a difficult decision, and I think you laid out the pros and cons quite well.

  5. Anatolich123 says:

    This passage has a very sad tone, but he is characterized well.

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