Stock – Options and the Performance of Cac40 Listed Companies
El Marzougui Abdelaziz, Lahiani Amine
Management Stream, Vol. 12, No. 8 (2010)
Keywords:
Executive-compensation, Stock-options, Firm-performance
Abstract
This paper analyses two main issues. First, the determinants of the top-executives compensation of the CAC40s' listed firms. Second, the impact of the equity-based compensation on the firm market and accounting performance. Our results show that stock-options grant for CAC40s' top- executives are uncorrelated with its determinants and have no impact on the firm performance over the period of analysis. These results support the theoretical approach of the managerial power and entrenchment. JEL Classification: J33, M52.
| Authors | El Marzougui Abdelaziz . Lahiani Amine . |
|---|---|
| Full Text | |
| Published | |
| Issue | Vol.12 No. 08, 2010, IIMT |
| Downloads | 0 |
| How To Cite | How to Site El Marzougui Abdelaziz & Lahiani Amine (2010), Stock – Options and the Performance of Cac40 Listed Companies, Management Stream, 26,08 |
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