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Chicago Fed Letter, No. 188, April 2003
Common Sense about Executive Stock Options

How do employee stock options affect the economic value of firms and the welfare of the general stockholders? This article explains how these instruments work and why shareholders should have better information about them.



Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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