Running out of options

摘要

IT SEEMED like a good idea at the time.Align top executives' pay with the performance of their firms and all will be uplifted-shareholders' returns and managers' returns too.What's more,there seemed to be a simple tool to do this:share options.Award managers the right to buy shares at a certain price,then when their efforts pushed the price above that level they would make a profit,just like the shareholders.