Eintrag weiter verarbeiten

Executive compensation and firm performance in New Zealand: the role of employee stock option plans

Gespeichert in:

Veröffentlicht in: Journal of risk and financial management 14(2021), 1/31 vom: Jan., Seite 1-19
Personen und Körperschaften: Ding, David K. (VerfasserIn), Chea, Ya Eem (VerfasserIn)
Titel: Executive compensation and firm performance in New Zealand: the role of employee stock option plans/ David K. Ding and Ya Eem Chea
Format: E-Book-Kapitel
Sprache: Englisch
veröffentlicht:
2021
Gesamtaufnahme: : Journal of risk and financial management, 14(2021), 1/31 vom: Jan., Seite 1-19
, volume:14
Schlagwörter:
Quelle: Verbunddaten SWB
Lizenzfreie Online-Ressourcen
LEADER 03129caa a2200589 4500
001 0-1745150498
003 DE-627
005 20211028100924.0
007 cr uuu---uuuuu
008 210121s2021 xx |||||o 00| ||eng c
024 7 |a 10.3390/jrfm14010031  |2 doi 
024 7 |a 10419/239448  |2 hdl 
035 |a (DE-627)1745150498 
035 |a (DE-599)KXP1745150498 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
100 1 |a Ding, David K.  |d 1959-  |e VerfasserIn  |0 (DE-588)171571568  |0 (DE-627)061787833  |0 (DE-576)354097326  |4 aut 
245 1 0 |a Executive compensation and firm performance in New Zealand  |b the role of employee stock option plans  |c David K. Ding and Ya Eem Chea 
264 1 |c 2021 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
506 0 |q DE-206  |a Open Access  |e Controlled Vocabulary for Access Rights  |u http://purl.org/coar/access_right/c_abf2 
520 |a We examine the role of employee stock option plans (ESOPs) in mitigating agency problems in New Zealand firms. We find that ESOPs have a significant and positive effect on firm performance relative to their non-ESOP counterparts. This relation appears within a year from the first ESOP announcement, and for two to four years after the announcement. Our results show that ESOPs improve corporate performance by 10 times the cost of the ESOPs’ adoption in the first year of issue. The improvement persists for four years after the first issuance. These findings confirm the effectiveness of employee stock option plans for companies issuing ESOPs compared with companies that do not issue ESOPs, and show how much the value creation of ESOPs contributes to these firms. 
540 |q DE-206  |a Namensnennung 4.0 International  |f CC BY 4.0  |2 cc  |u https://creativecommons.org/licenses/by/4.0/ 
650 4 |a employee stock option plans 
650 4 |a executive compensation 
650 4 |a firm performance 
650 4 |a New Zealand 
655 4 |a Aufsatz in Zeitschrift  |5 DE-206 
700 1 |a Chea, Ya Eem  |e VerfasserIn  |4 aut 
773 0 8 |i Enthalten in  |t Journal of risk and financial management  |d Basel : MDPI, 2008  |g 14(2021), 1/31 vom: Jan., Seite 1-19  |h Online-Ressource  |w (DE-627)770970427  |w (DE-600)2739117-6  |w (DE-576)395129494  |x 1911-8074  |7 nnns 
773 1 8 |g volume:14  |g year:2021  |g number:1/31  |g month:01  |g pages:1-19 
856 4 0 |u https://www.mdpi.com/1911-8074/14/1/31/pdf  |x Verlag  |z kostenfrei 
856 4 0 |u https://doi.org/10.3390/jrfm14010031  |x Resolving-System  |z kostenfrei 
856 4 0 |u http://hdl.handle.net/10419/239448  |x Resolving-System  |z kostenfrei 
936 u w |d 14  |j 2021  |e 1/31  |c 1  |h 1-19 
951 |a AR 
856 4 0 |u https://doi.org/10.3390/jrfm14010031  |9 LFER 
856 4 0 |u https://www.mdpi.com/1911-8074/14/1/31/pdf  |9 LFER 
852 |a LFER  |z 2021-02-09T15:10:43Z 
970 |c OD 
971 |c EBOOK 
972 |c EBOOK 
973 |c Aufsatz 
935 |a lfer 
900 |a Ding, David 
900 |a Ding, D. K. 
900 |a Ding, David Kuan 
900 |a Ding, David Kuan Yong 
951 |b XE-NZ 
980 |a 1745150498  |b 0  |k 1745150498  |c lfer 
openURL url_ver=Z39.88-2004&ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fvufind.svn.sourceforge.net%3Agenerator&rft.title=Executive+compensation+and+firm+performance+in+New+Zealand%3A+the+role+of+employee+stock+option+plans&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.creator=Ding%2C+David+K.&rft.pub=&rft.format=Journal&rft.language=English&rft.issn=1911-8074
SOLR
_version_ 1757969406381522944
access_facet Electronic Resources
access_state_str Open Access
author Ding, David K., Chea, Ya Eem
author_facet Ding, David K., Chea, Ya Eem
author_role aut, aut
author_sort Ding, David K. 1959-
author_variant d k d dk dkd, y e c ye yec
callnumber-sort
collection lfer
container_reference 14(2021), 1/31 vom: Jan., Seite 1-19
container_title Journal of risk and financial management
contents We examine the role of employee stock option plans (ESOPs) in mitigating agency problems in New Zealand firms. We find that ESOPs have a significant and positive effect on firm performance relative to their non-ESOP counterparts. This relation appears within a year from the first ESOP announcement, and for two to four years after the announcement. Our results show that ESOPs improve corporate performance by 10 times the cost of the ESOPs’ adoption in the first year of issue. The improvement persists for four years after the first issuance. These findings confirm the effectiveness of employee stock option plans for companies issuing ESOPs compared with companies that do not issue ESOPs, and show how much the value creation of ESOPs contributes to these firms.
ctrlnum (DE-627)1745150498, (DE-599)KXP1745150498
doi_str_mv 10.3390/jrfm14010031
facet_avail Online, Free
finc_class_facet not assigned
format ElectronicBookComponentPart
format_access_txtF_mv Article, E-Article
format_de105 Ebook
format_de14 Article, E-Article
format_de15 Article, E-Article
format_del152 Buch
format_detail_txtF_mv text-online-monograph-child
format_dezi4 e-Book
format_finc Article, E-Article
format_legacy ElectronicBookPart
format_strict_txtF_mv E-Article
genre Aufsatz in Zeitschrift DE-206
genre_facet Aufsatz in Zeitschrift
geogr_code not assigned
geogr_code_person New Zealand
hierarchy_parent_id 0-770970427
hierarchy_parent_title Journal of risk and financial management
hierarchy_sequence 14(2021), 1/31 vom: Jan., Seite 1-19
hierarchy_top_id 0-770970427
hierarchy_top_title Journal of risk and financial management
id 0-1745150498
illustrated Not Illustrated
imprint 2021
imprint_str_mv 2021
institution DE-D117, DE-105, LFER, DE-Ch1, DE-15, DE-14, DE-Zwi2
is_hierarchy_id 0-1745150498
is_hierarchy_title Executive compensation and firm performance in New Zealand: the role of employee stock option plans
isil_str_mv LFER
issn 1911-8074
kxp_id_str 1745150498
language English
last_indexed 2023-02-16T06:51:11.066Z
license_str_mv https://creativecommons.org/licenses/by
local_heading_facet_dezwi2 employee stock option plans, executive compensation, firm performance, New Zealand
marc024a_ct_mv 10.3390/jrfm14010031, 10419/239448
match_str ding2021executivecompensationandfirmperformanceinnewzealandtheroleofemployeestockoptionplans
mega_collection Verbunddaten SWB, Lizenzfreie Online-Ressourcen
misc_de105 EBOOK
multipart_link 395129494
multipart_part (395129494)14(2021), 1/31 vom: Jan., Seite 1-19
names_id_str_mv (DE-588)171571568, (DE-627)061787833, (DE-576)354097326
publishDate 2021
publishDateSort 2021
publishPlace
publisher
record_format marcfinc
record_id 1745150498
recordtype marcfinc
rvk_facet No subject assigned
source_id 0
spelling Ding, David K. 1959- VerfasserIn (DE-588)171571568 (DE-627)061787833 (DE-576)354097326 aut, Executive compensation and firm performance in New Zealand the role of employee stock option plans David K. Ding and Ya Eem Chea, 2021, Text txt rdacontent, Computermedien c rdamedia, Online-Ressource cr rdacarrier, DE-206 Open Access Controlled Vocabulary for Access Rights http://purl.org/coar/access_right/c_abf2, We examine the role of employee stock option plans (ESOPs) in mitigating agency problems in New Zealand firms. We find that ESOPs have a significant and positive effect on firm performance relative to their non-ESOP counterparts. This relation appears within a year from the first ESOP announcement, and for two to four years after the announcement. Our results show that ESOPs improve corporate performance by 10 times the cost of the ESOPs’ adoption in the first year of issue. The improvement persists for four years after the first issuance. These findings confirm the effectiveness of employee stock option plans for companies issuing ESOPs compared with companies that do not issue ESOPs, and show how much the value creation of ESOPs contributes to these firms., DE-206 Namensnennung 4.0 International CC BY 4.0 cc https://creativecommons.org/licenses/by/4.0/, employee stock option plans, executive compensation, firm performance, New Zealand, Aufsatz in Zeitschrift DE-206, Chea, Ya Eem VerfasserIn aut, Enthalten in Journal of risk and financial management Basel : MDPI, 2008 14(2021), 1/31 vom: Jan., Seite 1-19 Online-Ressource (DE-627)770970427 (DE-600)2739117-6 (DE-576)395129494 1911-8074 nnns, volume:14 year:2021 number:1/31 month:01 pages:1-19, https://www.mdpi.com/1911-8074/14/1/31/pdf Verlag kostenfrei, https://doi.org/10.3390/jrfm14010031 Resolving-System kostenfrei, http://hdl.handle.net/10419/239448 Resolving-System kostenfrei, https://doi.org/10.3390/jrfm14010031 LFER, https://www.mdpi.com/1911-8074/14/1/31/pdf LFER, LFER 2021-02-09T15:10:43Z
spellingShingle Ding, David K., Chea, Ya Eem, Executive compensation and firm performance in New Zealand: the role of employee stock option plans, We examine the role of employee stock option plans (ESOPs) in mitigating agency problems in New Zealand firms. We find that ESOPs have a significant and positive effect on firm performance relative to their non-ESOP counterparts. This relation appears within a year from the first ESOP announcement, and for two to four years after the announcement. Our results show that ESOPs improve corporate performance by 10 times the cost of the ESOPs’ adoption in the first year of issue. The improvement persists for four years after the first issuance. These findings confirm the effectiveness of employee stock option plans for companies issuing ESOPs compared with companies that do not issue ESOPs, and show how much the value creation of ESOPs contributes to these firms., employee stock option plans, executive compensation, firm performance, New Zealand, Aufsatz in Zeitschrift
title Executive compensation and firm performance in New Zealand: the role of employee stock option plans
title_auth Executive compensation and firm performance in New Zealand the role of employee stock option plans
title_full Executive compensation and firm performance in New Zealand the role of employee stock option plans David K. Ding and Ya Eem Chea
title_fullStr Executive compensation and firm performance in New Zealand the role of employee stock option plans David K. Ding and Ya Eem Chea
title_full_unstemmed Executive compensation and firm performance in New Zealand the role of employee stock option plans David K. Ding and Ya Eem Chea
title_in_hierarchy Executive compensation and firm performance in New Zealand: the role of employee stock option plans / David K. Ding and Ya Eem Chea,
title_short Executive compensation and firm performance in New Zealand
title_sort executive compensation and firm performance in new zealand the role of employee stock option plans
title_sub the role of employee stock option plans
topic employee stock option plans, executive compensation, firm performance, New Zealand, Aufsatz in Zeitschrift
topic_facet employee stock option plans, executive compensation, firm performance, New Zealand, Aufsatz in Zeitschrift
url https://www.mdpi.com/1911-8074/14/1/31/pdf, https://doi.org/10.3390/jrfm14010031, http://hdl.handle.net/10419/239448