Original paper
The Effects of Non‐Expensed Employee Stock Bonus on Firm Performance: Evidence from T aiwanese High‐Tech Firms
Volume: 54, Issue: 1, Pages: 30 - 54
Published: Jan 9, 2014
Abstract
The choice of whether to expense broad‐based stock incentives has been a highly controversial debate in both academic research and practice circles. We provide insightful findings to reconcile certain debates regarding the effectiveness of non‐expensed, broad‐based stock incentives. Using a unique longitudinal dataset from T aiwanese high‐tech firms over the 1997–2008 period, our results indicate that non‐expensed employee stock bonus incentives...
Paper Details
Title
The Effects of Non‐Expensed Employee Stock Bonus on Firm Performance: Evidence from T aiwanese High‐Tech Firms
Published Date
Jan 9, 2014
Volume
54
Issue
1
Pages
30 - 54
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Notes
History