It is clear that there is no legitimate basis for the proposed expensing of employee stock options.

The establishment of new accounting rules for expensing options would likely do more harm than good.

This working paper finds no evidence that the SBA loan guarantees serve any focused or rigorously defined public policy purpose at all.

Requiring companies to expense options in the absence of any satisfactory method to evaluate their costs would be inconsistent with the principles and objectives of accounting.

This working paper provides a critical analysis of national policymaking by state attorneys general.

It is clear that there is no legitimate basis for the proposed expensing of employee stock options.

An emerging literature proposes using conditional value at risk and marginal expected shortfall to measure financial institution systemic risk. We identify two weaknesses in this literature: (1) it lacks formal statistical hypothesis tests; and, (2) it confounds systemic and systematic risk. We...

Requiring companies to expense options in the absence of any satisfactory method to evaluate their costs would be inconsistent with the principles and objectives of accounting.