CHOUDHARY, PREETI; RAJGOPAL, SHIVARAM; VENKATACHALAM, MOHAN - In: Journal of Accounting Research 47 (2009) 1, pp. 105-146
<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>In December 2004, the Financial Accounting Standards Board (FASB) mandated the use of a fair value-based measurement attribute to value employee stock options (ESOs) via Financial Accounting Standard (FAS) 123-R. In anticipation of FAS 123-R, between March 2004 and November 2005, several...
