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How much is too much?board of director responses to shareholder concerns about CEO stock options
CEO pay increased dramatically during the 1990s. Specifically, for firms in the Standard & Poor's (S&P) 500, CEO total compensation increased 159% between 1992 and 1998. Much of this increase is attributable to the rapid growth of stock options. In the past - perhaps due to a belief that stock options induce managers to work harder - shareholders once rubber stamped plans that gave executives large stock options awards. Indeed, studies using data from the 1980s and early 1990s showed that the stock market reacted positively when stock option plans were announced. However, shareholders are increasingly questioning the use of stock options, especial the mega-grants valued at over $10 million. One way shareholders voice their discontent is by voting against proposed stock option plans - and the average percentage of no votes has been climbing steadily over the past 15 years..Printed Journal
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Academy of Management., |
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Edisi | - |
Subjek | Stock options Perceptions Stockholders Executive compensation |
ISBN/ISSN | 15589080 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |