An Investigation on a Pattern of Virtual Executive Stock Option Based on Multidimensional Performance Indices

DOI

10.2991/mmsa-18.2018.91How to use a DOI?

Keywords

executive stock option; option pricing; virtual stock option; China; black-scholes option pricing model

Abstract

Based on the limitations in practice of the executive stock option (ESO) in China, the paper proposes “a pattern of virtual ESO based on multidimensional performance indices” by integrating the advantages of the standardized patterns of the ESO in the western countries. The new pattern adopts the refined Black-Scholes Option Pricing Model and creates a “half-virtual ESO”, which can improve the performance appraisal mechanisms, increase the reasonability of the option pricing, lower the cash constraints and promote the risk prevention of the abnormal volatility of the stock market.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Changzheng Zhang
AU  - Jiao Zhang
PY  - 2018/03
DA  - 2018/03
TI  - An Investigation on a Pattern of Virtual Executive Stock Option Based on Multidimensional Performance Indices
BT  - Proceedings of the 2018 International Conference on Mathematics, Modelling, Simulation and Algorithms (MMSA 2018)
PB  - Atlantis Press
SP  - 408
EP  - 412
SN  - 1951-6851
UR  - https://doi.org/10.2991/mmsa-18.2018.91
DO  - 10.2991/mmsa-18.2018.91
ID  - Zhang2018/03
ER  -