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June 29, 2005
China and Stock Options and Social Security
After her presentation, she was asked about why stock options were so important to the growth of a company. Without getting into the technical accounting arguments on the merits of whether they are an expense or not, she talked about how they infuse a sense of ownership in the employee population. There have been studies done that show that companies that give stock options to all employees are more productive than those companies that do not. A company of "owners", she said, is more productive than a company of "renters." Which made me think of the current debate on social security and the "ownership society."
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Posted on June 29, 2005 04:36 PM by accoun250.
Filed in Office Max! under accounting.
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