Balsam, Steven; Kim, Il-woon; Ryan, David; Song, Hakjoon - In: Journal of Financial Reporting and Accounting 12 (2014) 2, pp. 177-195
Purpose – The purpose of this paper is to examine the motivations for and variations in terms of stock option modifications under Statement of Financial Accounting Standards (SFAS) 123(R). Stock options are used to motivate and retain employees. Unfortunately, when stock prices decline,...
