Compensation Statement of Financial Accounting Standard No. 123R. – Fama, E., and K. French. (1997) costs of equity” Journal of Financial “Industry 43: 153-193. Economics Frederickson, J.R., Hodge, F., and Pratt, J (2006) evolution of stock option “The accounting: disclosure, voluntary recognition, mandated recognition, and management disavowals” 81(5): 1073-1093. The Accounting Review Hirst, D.E., Jackson, K., and Koonce, L (2003) Financial Reports by “Improving Revealing the Accuracy of Prior Estimates. 20: Contemporary Accounting Research Hodder, L., W., McAnally., and Weaver, C (2006) stock option-fair “Employee value estimates: do managerial discretion and incentives explain accuracy?” Vol. 23, No 4 Contemporary Accounting Research, Holthausen, R.W. (1990) Method Choice: Opportunistic Behavior, Efficient “Accounting Contracting, and Information Perspectives” Journal of Accounting and Economics, (January), pp. 207-218. Kedia, S. and A. Mozumdar (2002) impact of employee stock options” “Performance working paper, Harvard University and Virginia Tech University Libby, R., Nelson, M., and Hunton, J (2006) versus Disclosure, Auditor “Recognition Tolerance for Misstatement, and the Reliability of and Lease Information” 44(3): 553-560. Journal of Accounting Research Moehrle, S., and Moehrle, J (2004)”Transitioning to the Fair Value Method- Changes in Accounting for Employee Stock Options,” The CPA Journal Robinson, D. and Burton, D (2004) in financial reporting: The voluntary “Discretion adoption of fair value accounting for employee stock options” 18 Accounting Horizons (2): 97-108 Schroeder, M. (2002) the news: Big banks to expense stock options Insurers, “Leading — Wall Street firms are to jointly announce major structural change” Wall Street Journal, August 13, A3. Zhang, T (2005) effects of recognition versus disclosure: evidence from firms’ “Pricing recognition of employee stock option expense” University of California Working paper, at Berkeley
Compensation – Statement of Financial Accounting Standard No. 123R. Fama, E., and K. French. (1997) “Industry costs of equity” Journal of Financial Economics 43: 153-193. Frederickson, J.R., Hodge, F., and Pratt, J (2006) “The evolution of stock option accounting: disclosure, voluntary recognition, mandated recognition, and management disavowals” The Accounting Review 81(5): 1073-1093. Hirst, D.E., Jackson, K., and Koonce, L (2003) “Improving Financial Reports by Revealing the Accuracy of Prior Estimates. Contemporary Accounting Research 20: Hodder, L., W., McAnally., and Weaver, C (2006) “Employee stock option-fair value estimates: do managerial discretion and incentives explain accuracy?” Contemporary Accounting Research, Vol. 23, No 4 Holthausen, R.W. (1990) “Accounting Method Choice: Opportunistic Behavior, Efficient Contracting, and Information Perspectives” Journal of Accounting and Economics, (January), pp. 207-218. Kedia, S. and A. Mozumdar (2002) “Performance impact of employee stock options” working paper, Harvard University and Virginia Tech University Libby, R., Nelson, M., and Hunton, J (2006) “Recognition versus Disclosure, Auditor Tolerance for Misstatement, and the Reliability of and Lease Information” Journal of Accounting Research 44(3): 553-560. Moehrle, S., and Moehrle, J (2004)”Transitioning to the Fair Value Method- Changes in Accounting for Employee Stock Options,” The CPA Journal Robinson, D. and Burton, D (2004) “Discretion in financial reporting: The voluntary adoption of fair value accounting for employee stock options” Accounting Horizons 18 (2): 97-108 Schroeder, M. (2002) “Leading the news: Big banks to expense stock options — Insurers, Wall Street firms are to jointly announce major structural change” Wall Street Journal, August 13, A3. Zhang, T (2005) “Pricing effects of recognition versus disclosure: evidence from firms’ recognition of employee stock option expense” Working paper, University of California at Berkeley
Cheng%20and%20Smith.docx