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題名 Determinants of firm adoption executive stock options in China
作者 廖四郎
Wu, Ming-Cheng; Liao, Szu-Lang; Huang, Yi-Ting
貢獻者 金融系
日期 2013.07
上傳時間 10-Jun-2014 15:19:15 (UTC+8)
摘要 This study examines the factors that determine the adoption of stock option plans by Chinese listed firms. The results show that adoption of executive stock option plans is positively related to return on assets, market-to-book ratio, and chief executive officer duality structures, but negatively related to debt ratio and state ownership. In addition, the adoption of a stock option plan results in significantly positive cumulative abnormal returns during the three-day period following the adoption announcement date. [ABSTRACT FROM AUTHOR]
關聯 Chinese Economy, 46(4), 63-84
資料類型 article
dc.contributor 金融系en_US
dc.creator (作者) 廖四郎zh_TW
dc.creator (作者) Wu, Ming-Cheng; Liao, Szu-Lang; Huang, Yi-Tingen_US
dc.date (日期) 2013.07en_US
dc.date.accessioned 10-Jun-2014 15:19:15 (UTC+8)-
dc.date.available 10-Jun-2014 15:19:15 (UTC+8)-
dc.date.issued (上傳時間) 10-Jun-2014 15:19:15 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/66629-
dc.description.abstract (摘要) This study examines the factors that determine the adoption of stock option plans by Chinese listed firms. The results show that adoption of executive stock option plans is positively related to return on assets, market-to-book ratio, and chief executive officer duality structures, but negatively related to debt ratio and state ownership. In addition, the adoption of a stock option plan results in significantly positive cumulative abnormal returns during the three-day period following the adoption announcement date. [ABSTRACT FROM AUTHOR]en_US
dc.format.extent 171699 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Chinese Economy, 46(4), 63-84en_US
dc.title (題名) Determinants of firm adoption executive stock options in Chinaen_US
dc.type (資料類型) articleen