In the high monitoring firms the sensitivity of the CEO’s stock option portfolio to stock return volatility also provides an incentive to increase leverage, but the effect is economically smaller and less statistically significant than for low monitoring firms.
感觉很晦涩,请高手帮我翻译一下。万分感谢!!
參考答案:在监测的高灵敏度公司总裁的股票期权为投资组合股票收益波动也是诱因增加杠杆 但效果是显着的经济规模较小,较轻微的监测公司.