Empirical evidence on the use, size and cost of executive options schemes in Australia

Tyrone M. Carlin*, Guy Ford

*Corresponding author for this work

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

In this paper we provide an overview of empirical data relating to the use, scale and cost of executive options schemes in Australia. Our data is based on a sample of 100 large listed Australian corporations. Our data suggests that approximately 80% of large listed corporations in Australia presently employ executive options schemes, but that the size and cost of these schemes reduced significantly after 2000. We argue that this reflects the impact of increased public scrutiny over options schemes and the impending move in Australia towards a financial reporting regime in which treating the cost of options as an expense for the purposes of calculating annual profit and loss is mandatory.

Original languageEnglish
Pages (from-to)340-347
Number of pages8
JournalResearch in International Business and Finance
Volume20
Issue number3
DOIs
Publication statusPublished - Sep 2006

Keywords

  • Executive options
  • Financial reporting

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