European Management Review

TABLE 4

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The evolution and allocation of employee stock options: adapting US-style compensation to the Swedish business model

Henrik Glimstedt, William Lazonick and Hao Xie

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Table 4. Distribution of stock options by market area under the 1998 plan

Country Number of recipients Percent of recipients Percent of grants Average options per recipient Average no. of options/SEK100,000 salary
Sweden28958.538.04611505
USA275.513.016,8801097
United Kingdom183.66.913,355912
Australia132.64.111,1671087
Spain122.42.77999724
Germany112.24.012,877942
China91.83.212,3835496
Netherlands81.61.25163401
Italy71.42.211,012683
Brazil61.21.713.1071402
With 3–5 grantees (8 nations)326.56.7  
With 2 grantees (8 nations)163.23.9  
With 1 grantee (46 nations)469.39.7  

  Source: Ericsson personnel files.

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