Econintersect: A Richmond Fed study looked at the recent trends in the use of grants of restricted stocks and options in the compensation packages of chief executive officers (CEOs) revealing there have been important changes.
Part of the conclusion of this study:
…. We find evidence indicating that firms may have responded to this by shifting away from options and into stock. Even though, after the two regulatory changes, there is still a significant portion of firms in the sample that choose to grant options to their CEO (about 55 percent of firms in the 2006-2010 period, compared to 67 percent before 2002…
The complete study:
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Regulation and the Composition of CEO Pay
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