How do investors regard ESOs?

Australian Accounting Review

Volumn 12, Issue 26, 2002, Pages 36-42

  Brown, Philip ^b,c   Yew, Elissa ^a  

^a Lancaster University ^*

^b LANCASTER UNIVERSITY   (United Kingdom)

^c UNIVERSITY OF WESTERN AUSTRALIA   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77952105411     PISSN: 10356908     EISSN: 18352561     Source Type: Journal    
DOI: 10.1111/j.1835-2561.2002.tb00193.x     Document Type: Letter

References (12)

1. Aboody, D., 1996, “Market Valuation of Employee Stock Options”, Journal of Accounting & Economics 22(1-3): 357-91.
2. Aboody, D., M. E. Barth., and R. Kasznik., 2000, “Stock-Based Employee Compensation and Equity Market Values, " working paper, University of California, Los Angeles.
3. Accounting Principles Board (1973), APB Opinion No. 25 Accounting for Stock Issued to Employees, New York.
4. Barth, M. E., W. H. Beaver., and W. R. Landsman., 2000, “The Relevance of the Value Relevance Literature for Financial Accounting Standard Setting: Another View”, Journal of Accounting & Economics 31(1-3): 77-104.
5. Bell, T. B., W. R. Landsman., B. L. Miller., and S. Yeh., 2000, “The Valuation Implications of Employee Stock-Option Accounting for Computer Software Firms”, working paper, University of North Carolina.
6. Brown, P., and B. Howieson., 1994, “Accounting for Employee Share Options”, Australian Accounting Review 4 (2): 22-34.
7. Brown, P., and I. Dunlop., 1994, “Valuing Employee Share Options: Four Australian Case Studies”, Australian Accounting Review 4 (2): 35-40.
8. Holthausen, R. W., and R. L. Watts., 2000, “The Relevance of the Value-Relevance Literature for Financial Accounting Standard Setting”, Journal of Accounting & Economics 31(1-3): 3-75.
9. Mailer, R. A., R. Tan., and M. Van De Vyver, 2002, “A Model for the Valuation of Australian Executive Stock Options”, Australian Accounting Review 12 (1): 11-24.
10. Ohlson, J. A., 1995, “Earnings, Book Values, and Dividends in Equity Valuation”, Contemporary Accounting Research 11 (2): 661-87.
11. Stoddart, E. K., 2000. “Options in Valuing Equity Compensation Benefits”, Australian Accounting Review 11 (2): 49-61.
12. White, H., 1980, “A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity”, Econometrica 48: 817-38.