Employee stock option compensation : a behavioral finance approach
著者
書誌事項
Employee stock option compensation : a behavioral finance approach
(Gabler Edition Wissenschaft, . Management,
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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