Executive stocks options, stock price volatility, and agency costs in the Philippine setting

Executive stocks options, stock price volatility, and agency costs in the Philippine setting

Firms compensate management with executive stock option plans to mitigate the agency problem arising from conflicts of interest between shareholders and managers. However, due to the nature of stock options, the value to the option holder increases when the volatility of the underlying stock rises....

Full description

Bibliographic Details
Published in:Philippine Review of Economics Vol. XL, No. 2 (December 2003), p. [117]-124.
Main Authors: Ang, Clifford S. (Author), Borja, Daniel Vincent H. (Author)
Format: Analytics
Language:English
Published: 2003.
Subjects:
Stock options > Philippines.
Employee stock options > Prices > Philippines.
Online Access:https://forms.gle/KZjBv7aRtY6jiL5E9