Enunciados de questões e informações de concursos
STOCK OPTIONS
Twenty years ago, the biggest component of executive compensation was cash, in the form of salaries and bonuses. Stock options were just a footnote. Now the reverse is true. With astounding speed, stock option grants have come to dominate the pay – and often the wealth – of top executives throughout the United States. Last year, Jack Welch’s unexercised GE options were valued at more than $260 million. Intel CEO Craig Barrett’s were worth more than $100 million. Michael Eisner exercised 22 million options on Disney stock in 1988 alone, netting more than a half-billion dollars. In total, U.S. executives hold unexercised options worth tens of billions of dollars.
What is the complete definition for the noun wealth?