Essid, Wafa - In: Corporate Governance: The international journal of … 12 (2012) 1, pp. 54-70
Purpose – This aim of this paper is to check whether the incentive role of executive stock options (ESO) depends on their level. Design/methodology/approach – The study is based on data from a sample of 538 American firms over 11 years (1994 to 2004). Using regression analysis, the degree of...