Skip to main content

Main navigation

Publications
Projects
Network
Events
About ECGI

Members Menu (Logged Out)

Become a Member
Subscribe
Login
Search

Members Menu (Logged Out)

Become a Member
Subscribe
Login
Search

Main navigation

Publications
Projects
Network
Events
About ECGI

Breadcrumbs

Home
ECGI Network
Our Members

Contributor

Jared Stanfield

Working Papers (1)
Journal Articles (1)
Blog (1)

Working Papers

Finance Series

22 Sep 2017

Why CEO Option Compensation Can be a Bad Option for Shareholders: Evidence from Major Customer Relationships

Claire Yang Liu

Ronald Masulis

Jared Stanfield

Performance

Remuneration

Risk

Journal Articles

Why CEO option compensation can be a bad option for shareholders: Evidence from major customer relationships

Journal of Financial Economics

Volume 142, Number 1 | pp. 453–481

Published:

01 Jan 2021

By:

Claire Yang Liu

,

Ronald Masulis

,

Jared Stanfield

Blogs

06 Nov 2017

CEO Option Compensation Can Be a Bad Option: Evidence from Product Market Relationships

Ronald Masulis

Claire Yang Liu

Jared Stanfield

CEO

Executive compensation

Risk

Stakeholders

Get all the latest news, updates, publications and events from the ECGI.

Search the site

Ways to Contribute

Join our network
Become a Sponsor

Connect with us

Follow us on LinkedIn
Follow us on YouTube
Share via Email

Footer menu

Publications
- Codes
- Blog
- Books
- Videos
- The Blog Review
Research
Getting involved
Appointments
- ECGI Fellows
- Research members
Events
About ECGI

Housekeeping

Oxford Union History & Rules
Contact Us
Privacy Policy
Terms of Use
Cookie Policy
Accessibility Statement

Sign up below with your email address

* indicates required

Email Address *

Prefix

First Name *

Last Name *

Job title *

Organisation *

Country (location) *

Are you an academic?

Yes, I am an academic
No, I am not an academic

Which research papers do you wish to receive?

Papers in the Law Series
Papers in the Finance Series

What event related content do you wish to receive?

Calls for Papers
Online lectures and events
Conference invitations (in-person)
Conference reports

Which type of events are you interested in?

Law conferences
Finance conferences
Neither

Which regions are you interested in?

Events in Europe and the UK
Events in North America
Events in Asia and Antipodes
Events in the rest of the world
None of the above

Which newsletters do you wish to receive?

The ECGI Blog
The Future of Corporate Governance (monthly)
The ECGI Members' Debrief (monthly, members only)
ECGI news (occasional)

Consent

Please select the communications that you wish to receive from ECGI. There is also a separate mailing list for ECGI members (to which members are automatically subscribed when they join ECGI).

I consent to receive communication emails from ECGI

You can unsubscribe or change your preferences at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices.