April 8, 2003

Stock options no longer popular with stockholders
Posted by jbutler@bostonworks.com">Jason Butler at 12:48 PM -

The San Jose Mercury News reports on stockholder backlash to stock option compensation plans.

Combining headline-grabbing votes at annual shareholder meetings with behind-the-scenes arm-twisting, shareholders have launched what some experts regard as an unprecedented campaign to rein in the use of stock options. Indeed, as corporate leaders retool stock plans, they're reacting much more to shareholder activism than to fears that accounting rule-makers could soon force them to subtract stock options from profits, many experts say.

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