Essays about: "stock option grants"

Found 4 essays containing the words stock option grants.

  1. 1. Executive Stock Incentives and Corporate Payout Policy: How do executive stock incentives affect payouts, and can they be used to mitigate the free cash flow problem?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Carl Hedin; Max Thorwalls; [2022]
    Keywords : Executive Stock Incentives; Corporate Payout Policy; Free Cash Flow Problem; S P 1500;

    Abstract : Using data on 849 companies included in the S&P 1500 Index during 2015-2019, this study provides an overview of how executive held shares and stock options affect companies' payout policies. By examining how executive stock incentives relate to the magnitude and composition of payouts, we aim to establish whether such incentives can be utilized to mitigate the free cash flow problem defined by Jensen (1986). READ MORE

  3. 2. Do CEO stock options induce risk-taking? - A study on Swedish companies

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Fanny Bsenko; Simon Karlsson; [2015]
    Keywords : CEO stock options; Equity risk; Stock volatility; Debt-to-equity ratio; Dividend per share;

    Abstract : The use of option-based compensation is a common measure to mitigate agency problems. However, due to the convex payoff structure of an option, concerns have been raised that managers may be induced to take on excessive risk. This paper explores the relationship between CEO option grants and risk-taking in Swedish companies. READ MORE

  4. 3. The relationship between employee stock option grants and share price on the Swedish market

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Magnus Wieslander; Hanna Nilsson; [2010]
    Keywords : Employee stock options; value relevance; valuation; accounting; IFRS 2;

    Abstract : Since January 1st 2005, Swedish firms listed on the OMX Stockholm exchange are required to recognize expenses related to employee stock option programs. In this paper, we examine the relationship between a firm's market value of equity per share and the fair value of newly granted employee stock options, disclosed under the IFRS 2, for a sample of firms listed on the OMX Stockholm exchange. READ MORE

  5. 4. Visibility, Size and Growth Opportunities as Determinants of Equity-Based Compensation

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Lilia Kouzmina; Jenny Nygren; [2008]
    Keywords : CEO compensation; stock option grants; equity-based compensation; remuneration;

    Abstract : The purpose of this paper is to increase the understanding for the use of long-term equity-based executive compensation primarily defined as stock option grants. We use data for 204 Swedish stock listed companies and apply a set of explanatory variables based on previous international research. READ MORE