Leveraging foreign institutional logic in the adoption of stock option pay among Japanese firms
We investigate why Japanese firms have adopted executive stock option pay, which was developed with shareholder-oriented institutional logic that was inconsistent with Japanese stakeholder-oriented institutional logic. We argue that Japanese managers have self-serving incentives to leverage stock ow...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2016
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/4786 https://ink.library.smu.edu.sg/context/lkcsb_research/article/5785/viewcontent/Leveraging_foreign_institutional.pdf |
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| Institution: | Singapore Management University |
| Language: | English |