Compensation through stock-options aims at different objectives: to motivate managers and induce them to take more risk, to ease the financing of innovation. This article analyses the mechanisms at play, their limits, the alternatives and the justification of a favorable fiscal policy in this context.
CHARLETY-LEPERS, P. (2001). Fiscalité des stocks options, innovation et gouvernement des entreprises. Économie et Statistique, pp. 32-37.