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Do Broad‐Based Stock Options Promote Organization Capital?

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  • Yu Peng Lin
  • James C. Sesil

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  • Yu Peng Lin & James C. Sesil, 2011. "Do Broad‐Based Stock Options Promote Organization Capital?," British Journal of Industrial Relations, London School of Economics, vol. 49(Supplemen), pages 402-416, July.
    • Handle: RePEc:bla:brjirl:v:49:y:2011:i:s2:p:s402-s416
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    References listed on IDEAS

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    1. Sandra E. Black & Lisa M. Lynch, 2004. "What's driving the new economy?: the benefits of workplace innovation," Economic Journal, Royal Economic Society, vol. 114(493), pages 97-116, February.
    2. Paul Oyer & Scott Schaefer, 2004. "Compensating Employees Below the Executive Ranks: A Comparison of Options, Restricted Stock, and Cash," NBER Working Papers 10221, National Bureau of Economic Research, Inc.
    3. Jones, Derek C & Kato, Takao, 1995. "The Productivity Effects of Employee Stock-Ownership Plans and Bonuses: Evidence from Japanese Panel Data," American Economic Review, American Economic Association, vol. 85(3), pages 391-414, June.
    4. Oyer, Paul & Schaefer, Scott, 2005. "Why do some firms give stock options to all employees?: An empirical examination of alternative theories," Journal of Financial Economics, Elsevier, vol. 76(1), pages 99-133, April.
    5. Andrew Atkeson & Patrick J. Kehoe, 2005. "Modeling and Measuring Organization Capital," Journal of Political Economy, University of Chicago Press, vol. 113(5), pages 1026-1053, October.
    6. Sherwin Rosen, 1972. "Learning by Experience as Joint Production," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 86(3), pages 366-382.
    7. Sandra E. Black & Lisa M. Lynch, 2005. "Measuring Organizational Capital in the New Economy," NBER Chapters, in: Measuring Capital in the New Economy, pages 205-236, National Bureau of Economic Research, Inc.
    8. Brian J. Hall & Kevin J. Murphy, 2003. "The Trouble with Stock Options," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 49-70, Summer.
    9. Brian J. Hall & Kevin J. Murphy, 2003. "The Trouble with Stock Options," NBER Working Papers 9784, National Bureau of Economic Research, Inc.
    10. James C. Sesil & Yu Peng Lin, 2011. "The Impact of Employee Stock Option Adoption and Incidence on Productivity: Evidence from U.S. Panel Data," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 50(3), pages 514-534, July.
    11. Prescott, Edward C & Visscher, Michael, 1980. "Organization Capital," Journal of Political Economy, University of Chicago Press, vol. 88(3), pages 446-461, June.
    12. Steven Balsam & Richard Gifford & Sungsoo Kim, 2007. "The effect of stock option grants on voluntary employee turnover," Review of Accounting and Finance, Emerald Group Publishing Limited, vol. 6(1), pages 5-14, February.
    13. Marianne Bertrand & Esther Duflo & Sendhil Mullainathan, 2004. "How Much Should We Trust Differences-In-Differences Estimates?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(1), pages 249-275.
    14. Jovanovic, Boyan, 1979. "Firm-specific Capital and Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1246-1260, December.
    15. Baruch Lev & Suresh Radhakrishnan, 2003. "The Measurement of Firm-Specific Organization Capital," NBER Working Papers 9581, National Bureau of Economic Research, Inc.
    16. Freeman, Richard B, 1976. "Individual Mobility and Union Voice in the Labor Market," American Economic Review, American Economic Association, vol. 66(2), pages 361-368, May.
    17. Edward P. Lazear, 2004. "Output-Based Pay: Incentives, Retention Or Sorting?," Research in Labor Economics, in: Accounting for Worker Well-Being, pages 1-25, Emerald Group Publishing Limited.
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