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Introduction Enthusiasts have long argued that share option schemes provide management with a powerful motivation tool. Stock ownership aligns employee and shareholder interests will strengthening employee levels of commitment. In an increasingly competitive business environment, options are a way to attract and retain key employees such as managing director or Chief executive officer (COE). According to Whittker, employee must act and behave as genuine shareholders to equate investor and shareholder interests (Hayward, 2001, p. 8). This essay …

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