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Employee Stock Options and Equity Valuation PDF

79 Pages·2004·0.35 MB·English
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by Mark Lang| 2004| 79 pages| 0.35| English

About Employee Stock Options and Equity Valuation

Stock options represent a significant claim against companiesthat should be reflected in their valuations, but valuing employee stock options is complex. Fortunately, in this Research Foundation of CFA Institute monograph, Mark Lang presents an excellent framework for valuing these claims by balancing the obligation of the company to fund outstanding options and future grants with the benefits arising from the incentive effects of options.

Detailed Information

Author:Mark Lang
Publication Year:2004
ISBN:9780943205670
Pages:79
Language:English
File Size:0.35
Format:PDF
Price:FREE
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