Business

Jan 19, 2009

Deacons wrong on performance rights

According to a study by mid-tier law firm Deacons, almost three-quarters of employee share options plans issued since 2003 are worthless, writes Adam Schwab.

“Share option plans worthless”, screamed the Financial Review last Friday. According to a study by mid-tier law firm Deacons, almost three-quarters of employee share options plans issued since 2003 are worthless. Deacons also noted that “S&P/ASX 50 companies learnt a lesson from the dot-com crash and moved to performance rights schemes rather than employee option schemes to ensure that their incentive schemes continued to motivate their employees during downturns in the market.”

1 comments

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One thought on “Deacons wrong on performance rights

  1. DavidM

    Good work.
    Keep it up, Alan.

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