Corporate Cash, ESO Incentives, and Acquisitions

碩士 === 國立成功大學 === 財務金融研究所 === 96 === Cash-rich firms are more likely to suffer from the agency problem of free cash flow. Introducing executive stock options (ESOs) into compensation scheme is expected to reduce the conflict of interests between executives and shareholders. Prior studies contend tha...

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Bibliographic Details
Main Authors: Hsiao-jung Cheng, 鄭筱蓉
Other Authors: Yenn-Ru Chen
Format: Others
Language:en_US
Published: 2008
Online Access:http://ndltd.ncl.edu.tw/handle/20431533800059801661