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09-076/2 - How Important Are Risk-Taking Incentives in Executive Compensation?


  • Authors
    Ingolf Dittmann, Erasmus University Rotterdam; Ko-Chia Yu, Erasmus University Rotterdam
  • Publication date
    August 25, 2009
  • Keywords
    Stock Options, Executive Compensation, Effort Aversion, Risk-Taking Incentives, Optimal Strike Price
  • JEL
    G30, M52