Dynamic Incentive Accounts
收藏NBER2009-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15324
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资源简介:
Contracts in a dynamic model must address a number of issues absent from static frameworks. Shocks to firm value may weaken the incentive effects of securities (e.g. cause options to fall out of the money), and the impact of some CEO actions may not be felt until far in the future. We derive the
提供机构:
美国国家经济研究局
创建时间:
2009-09-01



