Executive compensation and firm performance in New Zealand: The role of employee stock option plans
We examine the role of employee stock option plans (ESOPs) in mitigating agency problems in New Zealand firms. We find that ESOPs have a significant and positive effect on firm performance relative to their non-ESOP counterparts. This relation appears within a year from the first ESOP announcement,...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2021
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6995 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7994/viewcontent/Executive_Compensation_and_Firm_Performance_in_New_Zealand.pdf |
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| Institution: | Singapore Management University |
| Language: | English |