Browsing Research documents by Author "Løchte Jørgensen, Peter"
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Løchte Jørgensen, Peter (København, 2006)[More information][Less information]
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Bechmann, Ken L.; Løchte Jørgensen, Peter (København, 2002)[More information][Less information]
URI: http://hdl.handle.net/10398/7183 Files in this item: 1
bechmann_optionsafloenning.pdf (212.5Kb) -
Bechmann, Ken L.; Løchte Jørgensen, Peter (København, 2003)[More information][Less information]
Abstract: Abstract Over the last decade the Danish corporate environment has experienced a significant increase in the use of option-based compensation (OBC). This and many other facts are documented in the present paper which provides the first insights into the characteristics of the option and warrant contracts issued by the complete sample of Danish companies listed on the Copenhagen Stock Exchange. A newly constructed database containing all publicly available information on details of Danish OBC contracts allows us to present, for example, results regarding contract values at an aggregated as well as at firm, personnel group, and individual level. The paper also contains a section which discusses and presents evidence on the incentive effects provided by the option-based compensation contracts adopted by Danish listed companies. URI: http://hdl.handle.net/10398/7150 Files in this item: 1
the_value_and_incentives_1.pdf (310.6Kb)
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