When re-pricing share options makes sense

FINANCIAL PARTICIPATION

When re-pricing share options makes sense

Cancelling share options and reissuing them at a lower price can make sense for shareholders and managers, but only if boards exercise strong corporate governance under clear guidelines, argues Victor Basta in the Financial Times newspaper.

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Title: A flexible approach to options , by Victor Basta, Financial Times, 22 March 2002.

Availability: To read the article online, visit the Financial Times web site www.ft.com or click on this link . . .

http://globalarchive.ft.com/globalarchive/article.html?id=020322001493

Posted 15 April 2002