Improve Stock Options for Executives
Stock options typically vest in three or four years and allow executives to realize the full increase in the share price above the strike price of the options. The problem is that share movements alone are a poor indicator of a manager’s performance, says Richard Dobbs, a consultant with McKinsey. A McKinsey analysis of the stocks of some 400 companies determined that since 1962, more … [ Read more ]
Authors: Andrew Osterland, Robert Thomas | Source: “Down Market Big Upside” | Original Publication: CFO | Subjects: Corporate Governance, Finance, Human Resources | Company: BASF AG