全球智库信息集成服务系统(G2TT): On the Opportunity Cost of Nontradable Stock Options

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	On the Opportunity Cost of Nontradable Stock Options
	Michele Moretto; Gianpaolo Rossini
发表日期	2001
出处	Economy and Society
出版年	2001
语种	英语
摘要	Firms grant to their employees non-tradable stock options as an incentive device. Is the opportunity cost of issuing these options equal to the amount the company would receive if it sold the same options to outside investors? No, it is not, since the options granted to employees are non tradable, due to the incentive scheme to which they are related, and their value, i.e. the opportunity cost, may be lower or larger than the value of the corresponding tradable option.
特色分类	J33,G13
关键词	Employees stock options,opportunity cost,nontradable options
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/on-the-opportunity-cost-of-nontradable-stock-options/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/116699
推荐引用方式 GB/T 7714	Michele Moretto,Gianpaolo Rossini. On the Opportunity Cost of Nontradable Stock Options. 2001.