The Market Reaction to Stock Option Plan Introduction in Japan
AbstractThis study investigates the announcement effect of the introduction of stock option plans using data from the Japanese market. The results of the event study analysis show that the announcement effect is connected with significantly positive abnormal returns, which is consistent with the agency hypothesis.
How to Cite
Matsuura, Y. (2003). The Market Reaction to Stock Option Plan Introduction in Japan. Journal of Comparative International Management, 6(1). Retrieved from https://journals.lib.unb.ca/index.php/JCIM/article/view/441
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