The UvA-LINKER will give you a range of other options to find the full text of a publication (including a direct link to the full-text if it is located on another database on the internet).
De UvA-LINKER biedt mogelijkheden om een publicatie elders te vinden (inclusief een directe link naar de publicatie online als deze beschikbaar is in een database op het internet).

Zoekresultaten

Zoekopdracht: faculteit: "UvA" en publicatiejaar: "2009"

AuteursY.F. Kuang, B. Qin
TitelPerformance-vested stock options and interest alignment
TijdschriftBritish Accounting Review
Jaargang41
Jaar2009
Nummer1
Pagina's46-61
ISSN08908389
FaculteitOther than UvA
SamenvattingThis paper investigates the effects of performance-vested stock options (PVSOs) in aligning management interests and shareholder wealth. Using 4238 executive-level observations for 1383 executive directors from the largest 244 UK non-financial firms over the 1999–2004 period, we find that the use of PVSO schemes in executive compensation contracts is associated with greater interest alignment. The evidence also shows that PVSOs outperform traditional stock options (TSOs) in providing incentives. Moreover, the results suggest that difficult vesting targets negatively affect managers' choice of effort, resulting in the divergence of managers' and shareholders' interests.
Soort documentArtikel
Document finderUvA-Linker