How to value employee stock options

Financial Analysts Journal

Volumn 60, Issue 1, 2004, Pages 114-119

  Hull, John ^a   White, Alan ^a  

^a UNIVERSITY OF TORONTO   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 7444256949     PISSN: 0015198X     EISSN: None     Source Type: Journal    
DOI: 10.2469/faj.v60.n1.2596     Document Type: Article

References (9)

1. Black, F., and M. Scholes. 1973. "The Pricing of Options and Corporate Liabilities." Journal of Political Economy, vol. 81, no. 3 (May-June):637-659.
2. Cox, J.C., and M. Rubinstein. 1985. Option Markets. Upper Saddle River, NJ: Prentice Hall.
3. Cox; J.C., S. Ross, and M. Rubinstein. 1979. "Option Pricing: A Simplified Approach." Journal of Financial Economics, vol. 7, no. 3 (September): 229-264.
4. Carpenter, J. 1998. "The Exercise and Valuation of Executive Stock Options." Journal of Financial Economics, vol. 48, no. 2 (May):127-158.
5. FASB. 1995. Statement of Financial Accounting Standards No. 123, Accounting for Stock-Based Compensation. Stamford, CT: Financial Accounting Standards Board.
6. Galai, D., and M. Schneller. 1978. "Pricing Warrants and the Value of the Firm." Journal of Finance, vol. 33, no. 5 (December):1333-42.
7. Huddart, S., and M. Lang. 1996. "Employee Stock Option Exercises: An Empirical Analysis." Journal of Accounting and Economics, vol. 21, no. 1 (February):5-43.
8. Hull, J.C. 2002. Options, Futures and Other Derivatives. 5th ed. Upper Saddle River, NJ: Prentice Hall.
9. Rubinstein, M. 1995. "On the Accounting Valuation of Employee Stock Options." Journal of Derivatives, vol. 3, no. 1 (Fall):8-24.