Why Do Some Firms Give Stock Options to All Employees?: An Empirical Examination of Alternative Theories
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Many firms issue stock options to all employees. We consider three potential economic justifications for this practice: providing incentives to employees, inducing employees to sort, and helping firms retain employees. We gather data on firms' stock option grants to middle managers from three
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美国国家经济研究局创建时间：
2004-01-01
