摘要 : We show that an executive is optimistic about her company's prospects if and only if she retains some of the shares received whenever she exercises company stock options. Empirically, an indicator of optimism based on this idea ma... 展开
作者 | Sen~ Rik Tumarkin~ Robert |
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作者单位 | |
期刊名称 | 《Journal of financial economics》 |
页码/总页数 | 399-430 / 32 |
语种 | 英语 |
关键词 | Optimism Executive stock option Exercise policy Optimism measures Corporate financial policies |
DOI | 10.1016/j.jfineco.2015.08.001 |
馆藏号 | F-385 |