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Keywords: Stock options
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Journal Articles
Studies in Economics and Finance (2009) 26 (1): 4–23.
Published: 06 March 2009
...Joel S. Sternberg; H. Doug Witte Purpose This paper aims to show that tax‐motivated early exercise of US employee stock options can be, in principle, rationalized for bullish executives. The paper aims to show empirical evidence consistent with private positive information guiding the timing...

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