Stock options have become a common part of the compensation of executives in many companies. Their use has created a significant amount of controversy among academics as well as among the general public. Florian Cornelis Wolff addresses an aspect often overlooked in debate but crucial for assessment...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Wolff, Florian (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Wiesbaden Deutscher Universitätsverlag 2004
Ausgabe:	1st ed. 2004
Schriftenreihe:	Management, Organisation und ökonomische Analyse 2
Schlagworte:	Human Resource Management Personnel management Anlageverhalten Aktienbewertung Aktienoptionsplan Hochschulschrift
Online-Zugang:	BTU01 Volltext
Zusammenfassung:	Stock options have become a common part of the compensation of executives in many companies. Their use has created a significant amount of controversy among academics as well as among the general public. Florian Cornelis Wolff addresses an aspect often overlooked in debate but crucial for assessment: How do executives themselves see their stock options? How do their personal expectations and risk preferences affect the value they assign to them? To answer these questions classical option valuation approaches need to be combined with recent findings from the field of behavioural finance. The result is quite surprising: It is because people behave irrationally that stock options may be worth their money
Beschreibung:	1 Online-Ressource (XV, 253 p. 29 illus)
ISBN:	9783322818492
DOI:	10.1007/978-3-322-81849-2