The Role of Deferred Pay in Retaining Managerial Talent
We examine the role of deferred vesting of stock and option grants in reducing executive turnover. To the extent an executive forfeits all unvested stock and option grants if she leaves the firm, deferred vesting will increase the cost (to the executive) of early exit. Using pay Duration proposed in...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2014
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/4567 https://ink.library.smu.edu.sg/context/lkcsb_research/article/5566/viewcontent/RoleDefferedPayRetainingManagerialTalent_2014May.pdf |
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| Institution: | Singapore Management University |
| Language: | English |