@incollection{, F3EAD9C13E567696EB538D666CE22662 , author={{AfzalAhmad} and {International Islamic University Chittagong}}, journal={{Global Journal of Management and Business Research}}, journal={{GJMBR}}2249-45880975-585310.34257/GJMBR, address={Cambridge, United States}, publisher={Global Journals Organisation}158912 } @incollection{b0, , title={{Hedging With a Put Option}} , author={{ CAnderson } and { JSmith } and { DMccorkle } and { DO'brien }} , booktitle={{The Texas A&M University System}} , year={2012} , note={Paper No. RM2-12.0 6-98} } @incollection{b1, , title={{Effective employee stock option design: Reconciling stakeholder, strategic, and motivational factors}} , author={{ PBrandes } and { RDharwadkar } and { VLemesis }} , journal={{ACAD MANAGE PERSPECT}} 17 1 , year={2003} } @incollection{b2, , title={{Does Option Compensation Increase Managerial Risk Appetite}} , author={{ JCarpenter }} , journal={{Journal of Finance}} 55 5 , year={2000} } @incollection{b3, , title={{Executive Equity Compensation and Incentives: A}} , author={{ JCore } and { WGuay } and { DLarcker }} , journal={{Survey. FRBNY Economic Policy Review}} , year={2003. April 2003} } @book{b4, , author={{ JDownes } and { JEGoodman }} , title={{Dictionary of Finance and Investment Terms.3 rd ed}} New-York , publisher={Baaron's Educational Series, Inc} , year={2010} } @incollection{b5, , title={{Has Pay for Performance Gone Awry? Views from a Corporate Governance Forum}} , author={{ SGillan }} , journal={{Research Dialog}} , year={2001. Accessed 30 October 2014} } @incollection{b6, , title={{CEO Compensation and Corporate Risk: Evidence from a Natural Experiment}} , author={{ TGormley } and { DMatsa } and { TMilbourn }} , journal={{Journal of Accounting & Economics (JAE)}} 56 2-3 , year={2013} } @incollection{b7, , title={{Six Challenges in Designing Equity Based Pay}} , author={{ BHall }} , journal={{Journal of Applied Corporate Finance}} 15 , year={2003} } @incollection{b8, , title={{Psychological factors and stock option exercise}} , author={{ CHeath } and { SHuddart } and { MLang }} , journal={{The Quarterly Journal of Economics}} 114 2 , year={1999} } @incollection{b9, , title={{Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure}} , author={{ MJensen } and { WMeckling }} , journal={{Journal of Financial Economics}} 3 , year={1976} } @book{b10, , title={{Stocks or Options? Moral Hazard, Firm Viability, andthe Design of Compensation Contracts}} , author={{ OKadan } and { JSwinkels }} , year={2006. Accessed 29 October 2014} } @book{b11, , title={{Financial derivatives: pricing and risk management}} , author={{ RWKolb } and { JAOverdahl }} , year={2010} , publisher={John Wiley & Sons, Inc} , address={Hoboken} } @book{b12, , title={{Too Much Is Not Enough: Incentives in Executive Compensation}} , author={{ RWKolb }} , year={2012} , publisher={Oxford University Press} , address={New York} } @book{b13, , title={{Output-based pay: incentives, retention or sorting}} , author={{ ELazear }} , year={2002} , note={Unpublished paper} } @book{b14, , author={{ JMadura }} , title={{International Financial Management. 10th ed. Mason: South-Western Cengage Learning}} , year={2011} } @incollection{b15, , title={{South Carolina: ProQuest. May, D. 1995. Do Managerial Motives Influence Firm Risk Reduction Strategies}} , author={{ MMarin }} , journal={{Journal of Finance}} 50 , year={2008} , note={Essays on Corporate Finance and Risk Management} } @book{b16, , title={{Getting Started In Employee Stock Options}} , author={{ JOlagues } and { JFSumma }} , year={2010} , publisher={John Wiley & Sons, Inc} , address={Hoboken} } @book{b17, , title={{Why do some firms give stock options to all employees? An empirical examination of alternative theories}} , author={{ POyer } and { SSchaefer }} , year={2002. October 2014} } @incollection{b18, , title={{Empirical evidence on the relation between stock option compensation and risk taking}} , author={{ ShRajgopal } and { TShevlin }} , journal={{Journal of Accounting and Economics}} 33 2 , year={2002} } @book{b19, , title={{Elementary Calculus of Financial Mathematics}} , author={{ AJRoberts }} , year={2006} , publisher={Philadelphia: the Society for Industrial and Applied Mathematics} } @incollection{b20, , title={{Compensation, Incentives, and the Duality of Risk Aversion and Riskiness}} , author={{ SRoss }} , journal={{Journal of Finance}} 59 , year={2004} } @book{b21, , title={{Special Blend. Rewarding Our Partners}} , year={2012. October 2014} 31 }