Macroeconomic indicators are showing a progressive improvement in Spain. Hopefully, companies will cease to implement traumatic measures for their employees (collective redundancies, substantial amendment of working conditions, etc.) and will re-focus on compensation policies. Amongst the most best-known variable remuneration tools stock options (hereinafter, “stock options”) stand out. This paper aims to revisit the stock options most controversial features from a legal Spanish standpoint.

Research Group DTCENS - Carlos III University of Madrid