March 1, 1998
Japan Makes Stock Options Practical
Until now, stock options in Japan were subject to so many constraints that they were virtually unused as employee compensation. In legislation passed in May, however, the rules have been significantly eased. Several companies have indicated they will now grant options to executives and will consider extending the grants significantly farther down the ranks in the future.
An article detailing the new changes by Bob Zukis of Coopers & Lybrand appeared in Benefits & Compensation International (September 1997).