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Stock Options as Incentives for Company Executives: International Experience (Overview for Russian Audience)Bernard S. BlackNorthwestern University - School of Law; Northwestern University - Kellogg School of Management; European Corporate Governance Institute (ECGI) Anastasiya FarukshinaNorthwestern University - School of Law September 1, 2011 Abstract: The Russian version of this paper can be found at http://ssrn.com/abstract=1870206. This paper is a loose translation into English of an overview article, written for a Russian audience which has limited experience with stock options. We offer guidelines on the role that stock options can play in an overall compensation package, how these options should be structured, the incentives they create to either take or avoid risk, and the potential benefits and risks from using options as part of an overall compensation plan.
Number of Pages in PDF File: 7 working papers seriesDate posted: September 1, 2011Suggested CitationContact Information
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