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The Cost of Employee Stock Option Grants: An Empirical Analysis

✍ Scribed by Carol A. Marquardt


Book ID
111667649
Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
180 KB
Volume
40
Category
Article
ISSN
0021-8456

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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