Firm Investment Decisions, Dividend Policy, And Director Stock Options

LAUR Repository

Show simple item record

dc.contributor.author Boumosleh, Anwar
dc.date.accessioned 2016-03-07T09:34:26Z
dc.date.available 2016-03-07T09:34:26Z
dc.date.copyright 2012 en_US
dc.date.issued 2016-03-07
dc.identifier.issn 0892-7626 en_US
dc.identifier.uri http://hdl.handle.net/10725/3291 en_US
dc.description.abstract Since risk plays a role in setting dividend policy and granting stock options to directors, the paper investigates the effect of director compensation structure on the riskiness of the firm’s investment strategy by examining the firm’s dividend payout policy. The results imply that stock options to outside directors increase the firm’s appetite for risk and suggest that director stock options constitute a major incentive to changing corporate policies. The results also indicate that director stock options align the risk preferences of managers and directors. Finally, the results suggest that stock options do not motivate directors to act opportunistically in setting investment and payout policies. en_US
dc.language.iso en en_US
dc.title Firm Investment Decisions, Dividend Policy, And Director Stock Options en_US
dc.type Article en_US
dc.description.version Published en_US
dc.author.school SOB en_US
dc.author.idnumber 200501018 en_US
dc.author.woa N/A en_US
dc.author.department Department of Finance and Accounting (FINA) en_US
dc.description.embargo N/A en_US
dc.relation.journal Journal of Applied Business Research en_US
dc.journal.volume 28 en_US
dc.journal.issue 4 en_US
dc.article.pages 753-768 en_US
dc.keywords Investment Decisions en_US
dc.keywords Dividend Policy en_US
dc.keywords Stock Options en_US
dc.keywords Agency Theory and Corporate Governance en_US
dc.identifier.doi http://dx.doi.org/10.19030/jabr.v28i4.7058 en_US
dc.identifier.ctation Boumosleh, A. (2012). Firm investment decisions, dividend policy, and director stock options. Journal of Applied Business Research (JABR), 28(4), 753-768. en_US
dc.identifier.url http://www.cluteinstitute.com/ojs/index.php/JABR/article/view/7058 en_US

Files in this item

This item appears in the following Collection(s)

Show simple item record

Search LAUR

Advanced Search


My Account