Management And Accounting Web

Stock Options Bibliography

Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida

Capital Markets Main Page

Aboody, D. 1996. Market valuation of employee stock options. Journal of Accounting and Economics (August-December): 357-391.

Aboody, D. 2006. Discussion of “Which approach to accounting for employee stock options best reflects market pricing?” Review of Accounting Studies 11(2-3): 247-251.

Aboody, D. and R. Kasznik. 2000. CEO stock option awards and the timing of corporate voluntary disclosures. Journal of Accounting and Economics (February): 73-100.

Aboody, D., M. E. Barth and R. Kasznik. 2004. Firms' voluntary recognition of stock-based compensation expense. Journal of Accounting Research (May): 123-150.

Aboody, D., N. B. Johnson and R. Kasznik. 2010. Employee stock options and future firm performance: Evidence from option repricings. Journal of Accounting and Economics (May): 74-92.

Akresh, M. S. and J. Fuersich. 1994. Stock options: Accounting, valuation, and management issues. Management Accounting (March): 51-53.

Arya, A. and B. Mittendorf. 2005. Offering stock options to gauge managerial talent. Journal of Accounting and Economics (December): 189-210.

Balsam, S. 1994. Extending the method of accounting for stock appreciation rights to employee stock options. Accounting Horizons (December): 52-60.

Balsam, S., S. O'Keefe and M. M Wiedemer. 2007. Frontline reaction to FASB 123(R). Journal of Accountancy (April): 54-56. (Expensing employee stock options).

Barenbaum, L., T. F. Monahan and W. Schubert. 1995. Integrating research and practice in accounting education: The case of executive stock options. Journal of Accounting Education 13(2): 207-222.

Baril, C., L. Betancourt and J. Briggs. 2007.Valuing employee stock options under SFAS 123R using the Black-Scholes-Merton and lattice model approaches. Journal of Accounting Education 25(1-2): 88-101.

Barth, M. E., L. D. Hodder and S. R. Stubben. 2013. Financial reporting for employee stock options: Liabilities or equity? Review of Accounting Studies 18(3): 642-682.

Beams, J. D. 2004. Stock options: This time it's going to be different. Strategic Finance (November): 50-51.

Beams, J. D., A. J. Amoruso and F. M. Richardson. 2005. Discretionary reporting of stock options by IPO firms. Accounting Horizons (December): 223-236.

Bell, T. B., W. R. Landsman, B. L. Miller and S. Yeh. 2002. The valuation implications of employee stock option accounting for profitable computer software firms. The Accounting Review (October): 971-996.

Bens, D. A., V. Nagar, D. J. Skinner and M. H. F. Wong. 2003. Employee stock options, EPS dilution, and stock repurchases. Journal of Accounting and Economics (December): 51-90.

Bertrand, R. C., W. J. Cenker, R. Bloom and G. P. Weinstein. 2002. Accounting and taxation of stock option plans. Management Accounting Quarterly (Spring): 1-8.

Blacconiere, W. G., M. F. Johnson and M. F. Lewis. 2008. The role of tax regulation and compensation contracts in the decision to voluntarily expense employee stock options. Journal of Accounting and Economics (September): 101-111.

Bodie, Z., R. S. Kaplan and R. C. Merton. 2003. For the last time: Stock options are an expense. Harvard Business Review (March): 62-71.

Bomeli, E. C. 1962. Stock option plans - Full disclosure. The Accounting Review (October): 741-745.

Boudreaux, K. J. and S. A. Zeff. 1976. A note on the measure of compensation implicit in employee stock options. Journal of Accounting Research (Spring): 158-162.

Brown, J. L. and L. K. Krull. 2008. Stock options, R&D, and the R&D tax credit. The Accounting Review (May): 705-734.

Call, A. C., S. Kedia and S. Rajgopal. 2016. Rank and file employees and the discovery of misreporting: The role of stock options. Journal of Accounting and Economics (November-December): 277-300.

Call, D. V. 1969. Some salient factors often overlooked in stock options. The Accounting Review (October): 711-719.

Campbell, J. L., J. Hansen, C. A. Simon and J. L. Smith. 2015. Audit committee stock options and financial reporting quality after the Sarbanes-Oxley Act of 2002. Auditing: A Journal of Practice & Theory 34(2): 91-120.

Carlson, R. L. and T. J. Vogel. 2006. Restricted stock versus stock options: The case of Jones Apparel Group, Inc. Issues in Accounting Education (November): 449-459.

Certo, S. T., C. M. Daily, A. A. Cannella Jr. and D. R. Dalton. 2003. Giving money to get money: How CEO stock options and CEO equity enhance IPO valuations. The Academy of Management Journal 46(5): 643-653.

Choudhary, P. 2011. Evidence on differences between recognition and disclosure: A comparison of inputs to estimate fair values of employee stock options. Journal of Accounting and Economics (February): 77-94.

Choudhary, P., S. Rajgopal and M. Venkatachalam. 2009. Accelerated vesting of employee stock options in anticipation of FAS 123-R. Journal of Accounting Research (March): 105-146.

Ciccotello, C. S. 2002. The stock options accounting subterfuge. Strategic Finance (April): 37-41.

Core, J. E., W. R. Guay and S. P. Kothari. 2002. The economic dilution of employee stock options: Diluted EPS for valuation and financial reporting. The Accounting Review (July): 627-652.

Coughlan, J. W. 1997. ESOs and EPS. Accounting Horizons (March): 25-38. (ESOs refers to employee stock options).

Cuny, C. J. and P. Jorion. 1995. Valuing executive stock options with endogenous departure. Journal of Accounting and Economics (September): 193-205.

DeBoskey, D. G. and K. M. Lightner. 2011. Accounting for stock options: A comparative simulation for straight-line and graded vesting attributions methods. The CPA Journal (August): 50-53.

Dechow, P. M., A. P. Hutton and R. G. Sloan. 1996. Economic consequences of accounting for stock-based compensation. Journal of Accounting Research (Studies on Recognition, Measurement, and Disclosure Issues in Accounting, 1996): 1-20.

Delves, D. 2001. Underwater stock options. Strategic Finance (December): 26-32.

Delves, D. 2002. Trend or foe? Strategic Finance (December): 36-41. (Discussion of stock options pricing models and related issues).

Deshmukh, S., K. M. Howe and C. Luft. 2004. Stock options expensing and corporate governance. Strategic Finance (July): 41-44.

Dillavou, E. R. 1945. Employee stock options. The Accounting Review (July): 320-326.

Farrell, A. M., S. D. Krische and K. L. Sedatole. 2011. Employees’ subjective valuations of their stock options: Evidence on the distribution of valuations and the use of simple anchors. Contemporary Accounting Research 28(3): 747-793.

Ferri, F. and T. Sandino. 2009. The impact of shareholder activism on financial reporting and compensation: The case of employee stock options expensing. The Accounting Review (March): 433-466.

Foster, T. W. III, P. R. Koogler and D. Vickrey. 1991. Valuation of executive stock options and the FASB proposal. The Accounting Review (July): 595-610.

Foster, T. W. III, P. R. Koogler and D. Vickrey. 1993. Valuation of executive stock options and the FASB proposal: An extension. The Accounting Review (January): 184-189.

Galai, D. 1989. A note on "Equilibrium warrant pricing models and accounting for executive stock options". Journal of Accounting Research (Autumn): 313-315.

Hall, B. J. and K. J. Murphy. 2002. Stock options for undiversified executives. Journal of Accounting and Economics (February): 3-42.

Hanlon, M. and T. Shevlin. 2002. Accounting for tax benefits of employee stock options and implications for research. Accounting Horizons (March): 1-16.

Hanlon, M., S. Rajgopal and T. Shevlin. 2003. Are executive stock options associated with future earnings? Journal of Accounting and Economics (December): 3-43.

Harvard Business Review. 2016. Manipulating stock options is still a problem. Harvard Business Review (June): 30.

Hemmer, T., S. Matsunaga and T. Shevin. 1994. Estimating the "fair value" of employee stock options with expected early exercise. Accounting Horizons (December): 23-42.

Hemmer, T., S. Matsunaga and T. Shevlin. 1996. The influence of risk diversification on the early exercise of employee stock options by executive officers. Journal of Accounting and Economics (February): 45-68.

Hemmer, T., S. Matsunaga and T. Shevlin. 1998. Optimal exercise and the cost of granting employee stock options with a reload provision. Journal of Accounting Research (Autumn): 231-255.

Hennessee, P. A. and J. W. Giese. 1978. Accounting for leveraged ESOPS: Employee benefit or financing tool? Management Accounting (June): 44-49.

Hill, N. T. and K. Stevens. 1997. Instructional case: Choices and dilemmas in accounting for stock-based compensation. Journal of Accounting Education15(3): 389-410.

Hill, N. T. and K. T. Stevens. 2002. Showing employees the value of their stock options. Strategic Finance (March): 44-47.

Hite, G. L. and M. S. Long. 1982. Taxes and executive stock options. Journal of Accounting and Economics (July): 3-14.

Huddart, S. 1994. Employee stock options. Journal of Accounting and Economics (September): 207-231.

Jennergren, L. P. and B. Naslund. 1993. A comment on "Valuation of executive stock options and the FASB proposal". The Accounting Review (January): 179-183.

Kaplan, R. S. and K. G. Palepu. 2003. Expensing stock options: A fair-value approach. Harvard Business Review (December): 105-108.

Kerrigan, M. P. 2001. Do your employees understand stock options? Strategic Finance (May): 52-56.

King, A. M. and S. Parrish. 2002. Stock options: Options can be valued. Strategic Finance (October): 50-54.

Kirschenheiter, M., R. Mathur and J. K. Thomas. 2004. Accounting for employee stock options. Accounting Horizons (June): 135-156.

Landsman, W. R., K. V. Peasnell, P. F. Pope and S. Yeh. 2006. Which approach to accounting for employee stock options best reflects market pricing? Review of Accounting Studies 11(2-3): 203-245.

Larcker, D. F. 1992. Discussion of disqualifying dispositions of incentive stock options: Tax benefits vs. financial reporting costs. Journal of Accounting Research (Studies on Accounting and Taxation): 69-76.

Larcker, D. F. 2003. Discussion of “are executive stock options associated with future earnings?” Journal of Accounting and Economics (December): 91-103.

Larcker, D. F. 2003. Discussion of “employee stock options, EPS dilution, and stock repurchases”. Journal of Accounting and Economics (December): 45-49.

Lee, Y. 2008. The effects of employee stock options on credit ratings. The Accounting Review (September): 1273-1314.

Li, F. and M. H. F. Wong. 2005. Employee stock options, equity valuation, and the valuation of option grants using a warrant-pricing model. Journal of Accounting Research (March): 97-131.

Ma, C. W. 2009. Expected life after SAB 107 and SAB 110: One approach to estimating the expected term of stock options. The CPA Journal (May): 36-41.

Mantzke, K. and B. D. Clinton. 2003. Stock options analyzed from three accounting perspectives: Managerial, financial, and tax. Management Accounting Quarterly (Spring): 24-31.

Martin, G. W. and B. P. McAllister. 2014. Sometimes doing nothing really is better. Strategic Finance (October): 40-46. (Reducing earnings per share dilution from exercised stock options).

Matsunaga, S., T. Shevlin and D. Shores. 1992. Disqualifying dispositions of incentive stock options: Tax benefits versus financial reporting costs. Journal of Accounting Research (Studies on Accounting and Taxation): 37-68.

Matsunaga, S. R. 1995. The effects of financial reporting costs on the use of employee stock options. The Accounting Review (January): 1-26.

McAnally, M. L., A. Srivastava and C. D. Weaver. 2008. Executive stock options, missed earnings targets, and earnings management. The Accounting Review (January): 185-216.

McEnroe, J. E., S. C. Martens and N. Du. 2013. Accounting for employee stock options. The CPA Journal (November): 10-13.

McGuire, J. and E. Matta. 2003. CEO stock options: The silent dimension of ownership. The Academy of Management Journal 46(2): 255-265.

Miller, S. 2012. ESOPs: Savvy Strategy For Tax Management, Succession, and Continuity. AICPA.

Milne, R. A., G. A. Vent and R. Neumann. 1987. Accounting for variable stock options. Journal of Accounting Education 5(2): 333-338.

Minter, F. C. 2002. Stock options: Accounting's Phoenix. Strategic Finance (October): 45-49.

Moyer, S. E. and S. G. Weihrich. 2000. Espresso, Inc.: Analyzing the impact of employee stock options. Issues in Accounting Education (August): 513-534.

Mozes, H. A. 1998. The FASB's conceptual framework and political support: The lesson from employee stock options. Abacus 34(2): 141-161.

Niu, F. F. 2007. Transition method to adopt fair value accounting for employee stock options: Economic determinates and consequences. Journal of Forensic Accounting 8(1-2): 303-334.

Noreen, E. and M. Wolfson. 1981. Equilibrium warrant pricing models and accounting for executive stock options. Journal of Accounting Research (Autumn): 384-398.

O'Connor, J. P. Jr., R. L. Priem, J. E. Coombs and K. M. Gilley. 2006. Do CEO stock options prevent or promote fraudulent financial reporting? The Academy of Management Journal 49(3): 483-500.

Peasnell, K. 2013. Discussion of "Financial reporting for employee stock options: Liabilities or equity." Review of Accounting Studies 18(3): 683-691.

Pinello, A., A Valencia and A. G. Volkan. 2015. Measuring the economic promise embedded in stock options. The CPA Journal (April): 28-33.

Raby, W. L. 1962. Accounting for employee stock options. The Accounting Review (January): 28-38.

Ravenscroft, S. and P. F. Williams. 2009. Making imaginary worlds real: The case of expensing employee stock options. Accounting, Organizations and Society 34(6-7): 770-786.

Rezaee, Z. 2009. Forensic evidence-gathering procedures for employee stock options. Journal of Forensic & Investigative Accounting 1(2): 1-20.

Rhoades-Catanach, S. C. 2003. Dot.com or Dot-bomb? The unpleasant tax surprise of stock options in a volatile market. Issues in Accounting Education (November): 385-395.

Robinson, D. and D. Burton. 2004. Discretion in financial reporting: The voluntary adoptions of fair value accounting for employee stock options. Accounting Horizons (June): 97-108.

Saly, P. J., R. Jagannathan and S. J. Huddart. 1999. Valuing the reload features of executive stock options. Accounting Horizons (September): 219-240.

Sanders, W. G. and D. C. Hambrick. 2007. Swinging for the fences: The effects of CEO stock options on company risk taking and performance. The Academy of Management Journal 50(5): 1055-1078.

Saylor, T. 2017. ESOPs help some CPA firms with retention, succession. Journal of Accountancy (May): 54-56, 58, 60.

Schachter, B. 1988. Open interest in stock options around quarterly earnings announcements. Journal of Accounting Research (Autumn): 353-372.

Sellers, K., Y. Huang and B. A. King. 2008. Are your ESO values on target?: Valuing employee stock options for closely held companies. Journal of Accountancy (March): 44-48.

Shackelford, D. A. 1991. The market for tax benefits: Evidence from leveraged ESOPs. Journal of Accounting and Economics (June): 117-145.

Shah, S. 2003. Stock options: Still alive? Strategic Finance (October): 55-57.

Skinner, D. J. 1996. Are disclosures about bank derivatives and employee stock options ‘value-relevant’? Journal of Accounting and Economics (August-December): 393-405.

Sloan, R. G. 2016. Discussion of: Ranking and file employees and the discovery of misreporting: The role of stock options. Journal of Accounting and Economics (November-December): 301-304.

Smith, C. W. Jr. and J. L. Zimmerman. 1976. Valuing employee stock option plans using option pricing models. Journal of Accounting Research (Autumn): 357-364.

Sunder, S. 1994. Economic incentives as a substitute for detailed accounting requirements: The case of compensation value of stock options. Accounting Horizons (June): 110.

Wallace, W. A. 1984. The effects of delays by accounting policy-setters in reconciling the accounting treatment of stock options and stock appreciation rights. The Accounting Review (April): 325-341.

Waller, T. C. 1976. Accounting for stock options. Management Accounting (December): 29-31, 34.

Zamora, V. L. 2008. Characteristics of firms responding to underwater employee stock options: Evidence from traditional repricings, 6&1 exchanges, and makeup grants. Journal of Management Accounting Research (20): 107-132.

Zhang, G. 2006. Market valuation and employee stock options. Management Science (September): 1377-1393.