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Persistent link: https://www.econbiz.de/10005492800
We assemble a sample of 983 equity-based awards that include either an accelerated- or a contingent-vesting provision tied to firm performance and explore the frequency, contractual nature, usage, and implications of such awards. We find that performance-vesting (p-v) provisions specify...
Persistent link: https://www.econbiz.de/10008680550