Employee behavior in employee stock option plans: Why do some employees acquire company stock?

The article focuses on decisions to exercise and hold company stock at the maturity of a broad‐based employee stock options plan. It investigates why some participants choose an uncertain and risky future reward when an immediate and certain increase in wealth could be secured at exercise. It draws...

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Bibliographic Details
Published in:Human resource management 2023-03, Vol.62 (2), p.197-211
Main Authors: Pendleton, Andrew, Robinson, Andrew
Format: Article
Language:English
Subjects:
Agency theory
Decision making
Employee behavior
Employee benefits
employee stock ownership
Human resource management
mixed gambles
option exercise
Stock options
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