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Journal Articles
Critical Finance Review (2024) 13 (3-4): 419–463.
Published: 12 August 2024
... the dividend-protection and dilution channels imply a positive relation between stock options and repurchases. Yet, recent studies and trends suggest repurchases do not decline when option usage falls around mandatory option expensing, casting doubt upon a causal relation between equity compensation and payout...
Includes: Supplementary data
Journal Articles
Journal Articles
Critical Finance Review (2014) 3 (1): 99–152.
Published: 09 January 2014
... on Executive Compensation for their useful suggestions. © 2013 Emerald Publishing Limited 2013 Emerald Publishing Limited Licensed re-use rights only CEO compensation rigging stock options repricing G34 G38 J31 J33 There are two competing views of executive pay. The optimal...

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