Liu, Linxiao; Liu, Harrison; Yin, Jennifer - In: Journal of Business Finance & Accounting 41 (2014) 5-6, pp. 652-684
This study investigates some of the most important avenues that mangers use to manipulate the value of stock option grants. It also compares the use of these avenues in firms that issue scheduled options and in firms that issue irregular options. We document that before the Sarbanes-Oxley Act...