Like many a successful scientist before him, University of Iowa economics professor Erik Lie was looking for something else entirely when he made his most famous discovery.
Lie was attempting to determine whether generous stock option grants made executives less risk-averse — to the point where they were willing to bet more aggressively on the company’s upside in hopes of cashing in their option “chips.” What he found instead was a striking pattern of option grants being placed at the very bottom of a stock chart dip.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
