Employee stock options : financial reporting effects and implications (evidence from Singapore).

• Main Authors: Loh, Eng Kiat., Loh, Sin Li., Wong, Sze Fei.
• Other Authors: Ng, Eng Juan
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Accounting::Employee compensation
• Online Access: http://hdl.handle.net/10356/8902
• Institution: Nanyang Technological University

This study seeks to quantify the effects of expensing ESOs on Singapore companies’ net income using the Black-Scholes option pricing model of valuation. We also examine whether an earnings management motive exist behind these grant of ESOs by adopting the award-winning methodology proposed by Matsun...