Under , executives receive units instead of shares of company stock. Then at some point in the future, they receive value (usually in cash)equal to the appreciation of the units they own.
A)nonqualified stock options
B)stock appreciation rights
C)performance achievement plans
D)Phantom stock plans
E)restricted stock plans

Question

Quizplus · Accepted Answer

Phantom stock plans provide executives with units that mirror the value of company stock, and they receive cash equal to the appreciation of these units in the future.

Under , Executives Receive Units Instead of Shares of Company