Stock Options and Long Term IPO Performance
A paper by Pukthuanthong and Walker that was presented at the European FMA Meetings examines the use of options in pay packages of IPO firms. It finds that “new public companies that have high use of stock options outperform those that have low use of stock options from the lock-up period until three years after the issue.” The authors find similar results when looking … [ Read more ]
Content: Article | Authors: Kuntara Pukthuanthong, Thomas Walker | Source: Social Science Research Network (SSRN) | Subject: Finance