Employee stock option schemes have become increasingly prevalent over the past decade or so. This situation may, or may not, change due to recent accounting regulation that demands that stock options be expensed - quite simply because expensing reduces earnings. This must impact on the incentive...

Few empirical studies have examined the effect of personal values on the importance attached by individuals to training and development in organizations. We argue that personal values play an important role in decision-making processes (i.e. commitment to training and development) and that such...