...Sandra Renfro Callaghan; Chandra Subramaniam; Stuart Youngblood Purpose This paper aims to directly test the assertion by proponents of executive stock option repricing that repricing leads to increased management retention. Previous studies find either no effect or decreased retention following...

...Anthony J. Amoruso; Joseph D. Beams Purpose – This paper aims to test the effects that different compensation policies have on managerial discretion with regard to stock options. Design/methodology/approach – Hand-collected data from Securities and Exchange Commission registration...

...Atul Gupta Purpose Firms will, at times, replace employee holdings of out‐of‐the‐money stock options with new ones that have lower exercise prices. This paper seeks to examine how stockholders view such actions. Design/methodology/approach The stock price reaction to announcements of option...

... could increase management's opportunity to intentionally misstate financial statements (Baber et al., 2009). © Emerald Group Publishing Limited 2012 Chief executives Stock options Share options Compensation Investors Restatement Litigation CEO options Equity compensation...

...Hamza Bahaji Purpose This paper aims to analyze the valuation of stock options from the perspective of an employee exhibiting preferences as described by cumulative prospect theory (CPT). In addition, it elaborates on their incentives effect and some implications in terms of design aspects...

...Yan Wendy Wu Purpose This paper seeks to evaluate the cost of repriceable options, and to investigate whether repriceable employee stock options (ESOs) cost more than standard ESOs in providing incentives to employees. Design/methodology/approach This paper develops an intensity‐based model...

...Gary K. Meek; Ramesh P. Rao; Christopher J. Skousen Purpose The purpose of this paper is to examine the factors affecting the relationships between CEO stock option compensation and earnings management. Design/methodology/approach – Regression of CEO stock option compensation and other factors...