Bolo schreef op 15 september 2015 13:38:
In de comments wel interessante discussie over beloningsbeleid Arcadis.
"When management does not own a sizeable “outright” stake in the company but only gets options “on top”, then the behaviour is often not fully aligned. If you are long options, you have an incentive to increase volatility as this increases the option value. I think this has happened here."