Mawani, Amin; Sarkar, Saikat - In: International Journal of Financial Studies : open … 13 (2025) 2, pp. 1-25
in response to firm-specific stock price bubbles. For a sample of U.S. firms from 1992 to 2021, the study identifies …-specific bubbles, they are likely to exercise a greater proportion of their exercisable stock options during bubbles to benefit from … exercising a larger portion of their vested stock options during market bubbles, with the aim of monetizing on the exuberance in …