Henrekson, Magnus; Sanandaji, Tino - 2017
Venture capital has become a dominant form of innovation finance, used by many high-tech startups. Europe lags the U … universal use of stock options in U.S. VC deals, while this remains less common in Europe. There is a strong correlation between … theory to show why employee stock options are a suitable solution to agency and incentive problems in this sector. A major …