EMPLOYEE STOCK OPTION SCHEME (ESOP) AND ITS EFFECT ON PRODUCTIVITY: A COMPARATIVE STUDY IN THE INDIAN INFRA SECTOR
Parviz Hajizadeh
,
Abstract
Employee Stock Option Plans (ESOPs) have been utilized by many successful companies across the world. A Research on the relation between ESOPs and productivity has attracted considerable attention in this study. This study analyzed the ESOP utilized by L&T and Hindustan Construction Company (HCC) operating in the construction business. The results from both the companies shall be analyzed to detail out the ESOPs as a powerful tool for achieving corporate efficiency and growth. Studying and analyzing data from the annual reports of both L&T and HCC, it was claimed that ESOPs play a positive role in enhancing employee productivity.
KEYWORDS: Employee Stock Option Scheme, Employee Productivity, Indian Infrastructure sector
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Journal Name :
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EPRA International Journal of Economic and Business Review(JEBR)
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Published on :
Vol | : | 6 |
Issue | : | 11 |
Month | : | November |
Year | : | 2018 |