Phantom stock and investment decisions. (Research Nots)

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Author: Enrique R. Arzac
Date: Feb. 2002
From: International Advances in Economic Research(Vol. 8, Issue 1)
Publisher: Springer
Document Type: Brief article
Length: 194 words

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Columbia University--U.S.A.

This paper examines the incentive properties of phantom stock. These are non-public shares that give managers participation in the value of the specific subset of activities under their control. These managers cannot be directly motivated by common stock or by options on such stock. The paper...

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Source Citation
Arzac, Enrique R. "Phantom stock and investment decisions. (Research Nots)." International Advances in Economic Research, vol. 8, no. 1, 2002, p. 82. Accessed 23 Oct. 2020.

Gale Document Number: GALE|A84303185