发布求助
文献互助 智能选刊 最新文献

Behavioral Finance - Corporate最新文献

筛选
英文 中文
Stocking Up: Executive Optimism, Option Exercise, and Share Retention 储备:高管乐观、期权行使和股票保留
Behavioral Finance - Corporate Pub Date : 2015-07-30 DOI: 10.2139/ssrn.1343980
Rik Sen, Robert Tumarkin
{"title":"Stocking Up: Executive Optimism, Option Exercise, and Share Retention","authors":"Rik Sen, Robert Tumarkin","doi":"10.2139/ssrn.1343980","DOIUrl":"https://doi.org/10.2139/ssrn.1343980","url":null,"abstract":"We show that an executive is optimistic about her company׳s prospects if and only if she retains some of the shares received whenever she exercises company stock options. Empirically, an indicator of optimism based on this idea matches the expected relations between optimism and corporate decision-making better than commonly used indicators based on the timing of option exercise. This makes sense, as our model of an executive׳s optimal option exercise and portfolio choice demonstrates that the timing of option exercise depends just as much on stock and other executive characteristics as it does on optimism.","PeriodicalId":204998,"journal":{"name":"Behavioral Finance - Corporate","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129299261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信