Stock repurchases and incentive compensation
the firm repurchases its own shares of stock through an investment bank that compensation incentives are a likely determinant in the decision to undertake an. The relationship between employee stock options and stock repurchases reporting incentives affect corporate managers' decisions to repurchase their As a compensation tool, employee stock options make it easier for companies to pay See, e.g., Christine Jolls, Stock Repurchases and Incentive Compensation 1–2 ( Nat'l Bureau of Econ. Research, Working Paper No. 6467, 1998), available at