시장은 ESO 주식보상비용을 기업의 비용으로 보고 있는가? = Stock-Based Compensation Expense and Stock Price

참고문헌 (Reference)

1 배길수, "스톡옵션의 도입에 대한 주가반응 및 스톡옵션을 도입한 기업의 특성:대리인 비용을 중심으로" 27 (27): 1-25, 2002

2 한국회계기준위원회(KASB), "기업회계기준 등에 관한 해석 [39-35]: 주식매입선택권의 회계처리" 2003

3 Rees, L, "The Value-relevance of Stock-Based Employee Compensation Disclosures"

4 Bell. T, "The Valuation Implications of Employee Stock Option Accounting for Profitable Computer Software Firms" 77 : 971-996, 2002

5 Chamberlain, S, "The Effectiveness of SFAS No. 123 Employee Stock Option Cost Disclosures"

6 Financial Accounting Standards Board (FASB), "Share-Based Payment. Statement of Financial Accounting Standards No. 123 (R)" Norwalk 2004

7 International Accounting Standards Board (IASB), "Share-Based Payment. International Financial Reporting Standards No. 2" London 2004

8 Easton, P, "Security Returns and the Value Relevance of Accounting Data" 399-412, 1999

9 Aboody, D, "SFAS No. 123 Stock-Based Compensation Expense and Equity Market Values" 79 : 251-275, 2004

10 Ohlson, J, "On Transitory Earnings" 4 : 145-162, 1999

11 Aboody, D, "Market Valuation of Employee Stock Options" 22 : 357-391, 1996

12 Aboody, D, "Firms’ Voluntary Recognition of Stock-Based Compensation Expense" 42 : 123-150, 2004

13 International Accounting Standards Board (IASB), "Exposure Draft No. 2 Share-Based Payment" London 2002

14 Li, H, "Employee Stock Options, Residual Income Valuation and Stock Price Reaction to SFAS No. 123 Footnote Disclosures"

15 Ohlson, J, "Earnings, Book Values, and Dividends in Equity Valuation" 11 : 661-687, 1995

16 Hanlon, M, "Are Executive Stock Options Associated with Future Earnings?" 36 : 3-43, 2003

17 Skinner, D, "Are Disclosures about Bank Derivatives and Employee Stock Options Value-Relevant?" 22 : 393-405, 1996

18 Financial Accounting Standards Board (FASB), "Accounting for Stock- Based Compensation. Statement of Financial Accounting Standards No. 123" Norwalk 1995

19 Accounting Principles Board (APB), "Accounting for Stock Issued to Employees(ABP Opinion)" New York 1973

20 White, H, "A Heteroscedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroscedasticity" 48 : 817-838, 1980