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While stock options boosted productivity in all firms, executive-level options generated twice the productivity gains (measured by sales per employee) compared to broad-based employee plans. Executives viewed options as long-term motivators, aligning their interests with company success and fostering investments in R&D. In contrast, non-managerial employees treated options as short-term bonuses, exercising them quickly, with diminishing effects on retention and performance. The study challenges assumptions about uniform motivational benefits of stock options, emphasizing that frequent issuance is critical for broad-based plans to sustain employee engagement.
Call Number | Location | Available |
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AMP2504 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Briarcliff Manor, NY: Academy of Management 2011 |
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Edisi | Vol. 25, No. 4, November 2011 |
Subjek | Stock options Employee motivation Executive compensation performance metrics productivity gains retention strategies |
ISBN/ISSN | 15589080 |
Klasifikasi | NONE |
Deskripsi Fisik | 2 p. |
Info Detail Spesifik | Academy of Management Perspectives |
Other Version/Related | Tidak tersedia versi lain |
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