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Company Share Options
 
 
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Company Share Options [Hardcover]

Peter Casson (Author)

Price: $140.00 & this item ships for FREE with Super Saver Shipping. Details
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Book Description

June 16, 2000 0471966592 978-0471966593 1
Company share options schemes have been the source of much debate over recent years. Critics have seen them as a significant component of the excessive compensation, and the "fat cat" rewards, received by senior executives. They further link this to the widening gap between the compensation awarded to senior executives and that received by other employees. Advocates of the use of executive and employee share options point out that they:
* Help to align the interests of executives and employees with those of shareholders?
* Increase productivity
* Encourage entrepreneurship
* Provide a means of attracting key staff
* Conserve the scarce cash resources of growth businesses
Increasingly, company share option schemes are becoming an indispensable feature of the compensation of both executives and employees, particularly in high technology growth businesses. Their use is promoted by governments, who view them as encouraging entrepreneurship, facilitating employee share ownership, and assisting in the creation of a stakeholder economy. This book examines all aspects of the use of company share options and provides an essential grounding in this vital topic.

Editorial Reviews

From the Inside Flap

Company share option schemes have become increasingly popular with companies as a means of attracting high-quality personnel while providing an incentive that aligns their interests with those of the shareholders. Many new technology businesses see such option schemes as being essential to their success. In Company Share Options, Peter Casson examines the debate surrounding the use of executive and employee share options, with particular reference to practices in the US and the UK. The book explains the rationale behind company share option schemes and examines in detail:
  • Corporate governance
  • Employee share ownership
  • The valuation of share option compensation
  • Accounting for share option compensation
  • Taxation of share option compensation

From the Back Cover

Company share options schemes have been the source of much debate over recent years. Critics have seen them as a significant component of the excessive compensation, and the "fat cat" rewards, received by senior executives. They further link this to the widening gap between the compensation awarded to senior executives and that received by other employees. Advocates of the use of executive and employee share options point out that they:
  • Help to align the interests of executives and employees with those of shareholders?
  • Increase productivity
  • Encourage entrepreneurship
  • Provide a means of attracting key staff
  • Conserve the scarce cash resources of growth businesses
Increasingly, company share option schemes are becoming an indispensable feature of the compensation of both executives and employees, particularly in high technology growth businesses. Their use is promoted by governments, who view them as encouraging entrepreneurship, facilitating employee share ownership, and assisting in the creation of a stakeholder economy. This book examines all aspects of the use of company share options and provides an essential grounding in this vital topic.

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Inside This Book (learn more)
First Sentence:
In 1993 the US accounting standard setting body, the Financial Accounting Standards Board (FASB), issued an exposure draft inviting comments of a proposed standard Accounting for Stock-based Compensation. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
share option compensation, grantor company, discretionary share option schemes, synergistic takeovers, employee share option schemes, participatory capitalism, executive share option schemes, employee share ownership, improved company performance, employee share schemes, proposed accounting standard, bonus date, discretionary schemes, share options, excessive executive compensation, indexed options, income tax relief, underlying shares, share ownership schemes, share price returns, shareholder involvement, senior executive compensation, relative performance evaluation, exercise price, vesting period
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Company Share Options, Finance Act, Finance Bill, Senator Levin, Corporate Pay Responsibility Act, Internal Revenue Code, Congressman Sabo, Greenbury Report, Cadbury Committee, Combined Code, Conservative Party, Greenbury Committee, Financial Accounting Standards Board, Hampel Committee, John Pardoe, Labour Government, President Kennedy, Senator Carl Levin, United States, Anthony Barber, Council of Institutional Investors, Financial Times, Greenbury Code, New Capitalism, Wall Street Rule
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