Option Strike Price and Managerial Investment Decisions

被引：0
|
作者：
刘鸿雁
张维
机构：
[1] Tianjin300222
[2] TianjinUniversity Tianjin300072
[3] China
[4] ChinaTianjinUniversityofFinanceandEconomics
[5] SchoolofManagement
[6] TianjinUniversity
来源：
Transactions of Tianjin University | 2003年 / 01期
关键词：
stock options; strike price; investment;
D O I：
暂无
中图分类号：
F224.3 [运筹学在经济中的应用];
学科分类号：
1201 ;
摘要：
The manager′s investment decisions is modeled when the manager is risk averse and has stock options as compensation. It is found that the strike price of options is crucial to the investment incentives of managers, and that the correct value, or interval of values, of managerial stock option strike price can bring stockholder and manager interests in agreement.
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页码：79 / 82
页数：4
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