|
UNIRAZAK Library Pustaka
|
|
| ||||||||||||||||||||||||||||||
| Abstract : Unirazak Library |
| Abstract: Proliferation of stock adoption plan in Malaysia has been going for more than several decades. Based on the theory from Jensen and Meckling (1976) it is suggested that adoption of employee stock option scheme in a company can alleviate the agency issue. The study is conducted to examine the effect of employee stock option against firm performance of public listed company in Malaysia from 2015 until 2021. This study uses regression analysis for model to investigate the effect it has on 210 companies. The finding from the result suggested that the effect of equity-based compensation scheme do not significantly associated with the firm performance. It is hoped that the result might shed some light to any company who wanted to adopt an equity-based compensation as an alternative way to increase the firm performance. However, it is suggested that further research need to be conducted on the impact of stock option with firm performance for the result to be conclusive as there is a variation of result based on industries, countries, and firm size. The research aims to provide contribution to existing literature on the equity-based payment system and its relationship in Malaysia. |
| This material may be protected under Copyright Act which governs the making of photocopies or reproductions of copyrighted materials. You may use the digitized material for private study, scholarship, or research. |