Granting employee stock options (ESOs), market reaction and financial performance
This paper examines several issues related to the implementation of ESOs among Malaysian companies. We examine a total of 52 companies, 26 ESO firms and their matched industry peers over a span of 12 years. We find ESO firm stocks to have marginally higher mean returns and lower volatility than do t...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Asian Academy of Management and USM Press
2009
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/8011/ http://irep.iium.edu.my/8011/ http://irep.iium.edu.my/8011/1/Granting_employee_stock_options_%28ESOs%29%2C_market_reaction_and_financial_performance.pdf |