WebOct 4, 2024 · Kelly Shue, Richard R. Townsend. The Journal of Finance. Published online on October 04, 2024. Abstract. We examine how an increase in stock option grants affects … WebJan 1, 2024 · Volume 123, Issue 1, January 2024, ... Shue, Townsend). However, when firms do adjust the number of options granted, they should undo deviations from the first-best, …
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