Employee stock option compensation : a behavioral finance approach

著者

書誌事項

Employee stock option compensation : a behavioral finance approach

Florian Cornelis Wolff ; with a foreword by Peter-J. Jost

(Gabler Edition Wissenschaft, . Management, Organisation und ökonomische Analyse / Herausgegeben von Peter-J. Jost ; Bd. 2)

Deutscher Universitäts-Verlag, 2004

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注記

Bibliography: p. 231-253

内容説明・目次

内容説明

Florian Wolff analyses how executives perceive their stock options and how their personal expectations and risk preferences affect the value they assign to them. He shows that stock options may be worth their money because people behave irrationally.

目次

Theoretical and empirical assessments Review of risk-neutral valuation models Utility-based stock-options valuation A new model to value executive stock options Experimental test of subjective valuations

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