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Analyzing the Tax Benefits from Employee Stock Options

✍ Scribed by ILONA BABENKO; YURI TSERLUKEVICH


Book ID
109176605
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
437 KB
Volume
64
Category
Article
ISSN
0022-1082

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## Abstract The unique characteristics of employee stock options make straightforward applications of traditional option pricing models questionable. This study extends the standard pricing model to account for the dilution effect, the employees' exercise pattern, and the state‐dependent employee f