Incentive Efficiency of Stock versus Options

By Gerald A. Feltham, Martin G. H. Wu. 2001

151 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/4c79e2c523fcc09e9974f1ba505ee5d816dac498

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Mary Ellen Carter
2. İ. Tuna
3. Luann J. Lynch

In Strategy and Management

1. Mary Ellen Carter
2. İ. Tuna
3. Luann J. Lynch

Citations in the corpus

• The Role of Accounting in the Design of CEO Equity Compensation (2007, methodology): “Prior research models the choice of stock options and restricted stock (e.g., Lambert and Larcker, 2004; Oyer and Schaefer, 2005a; Hall and Murphy, 2002; Feltham and Wu, 2001).”
• Executive Equity Compensation and Incentives: A Survey (2005, unknown): “Thus, it seems optimal to add convexity to managers’ contracts when there is a link between a manager’s effort choice and variance (e.g., Hemmer, Kim, and Verrecchia, 1999, Feltham and Wu, 2001, Lambert and Larcker, 2001a).”