PENGARUH PROPORSI OPSI DAN HARGA EKSEKUSI PADA RETURN SAHAM DALAM PELAKSANAAN ESOP DI INDONESIA

  • Putu Cita Ayu Fakultas Ekonomi dan Bisnis Universitas Udayana
  • I Made Sadha Suardikha Fakultas Ekonomi dan Bisnis Universitas Udayana

Abstract

This study aims to obtain empirical evidence of the influence of the proportion of stock options and the exercise price on stock retrun in the implementation of the Employee Stock Option Plan (ESOP), which adopts ESOP companies in Indonesia Stock Exchange. Tests carried out using secondary data. Selection of the population is performed using purposive. The results showed that the proportion of stock options proven positive effect on stock returns, the increase the proportion of stock options that were announced, the increase the stock returns enjoyed by shareholders of the company. While the exercise price effect on stock returns at a rate of 10% alpha. Both of these variables are used by investors as a basis for a decision to purchase or dispose of shares of the company

Keywords: employee stock option plan, execution price, the proportion option of share, stock returns

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Published
2014-05-02
How to Cite
CITA AYU, Putu; SADHA SUARDIKHA, I Made. PENGARUH PROPORSI OPSI DAN HARGA EKSEKUSI PADA RETURN SAHAM DALAM PELAKSANAAN ESOP DI INDONESIA. E-Jurnal Ekonomi dan Bisnis Universitas Udayana, [S.l.], may 2014. ISSN 2337-3067. Available at: <https://ojs.unud.ac.id/index.php/eeb/article/view/7991>. Date accessed: 21 nov. 2024.
Citation Formats
Issue
VOLUME.03.NO.05 TAHUN 2014
Section
Articles

Keywords

employee stock option plan, execution price, the proportion option of share, stock returns