Corporate governance and its impact on the value-relevance of stock option expense.

• Main Authors: Kong, Shujing., Lee, Jonathan Chee Chung., Lim, Cai Hong.
• Other Authors: Lim, Chee Yeow
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Accounting::Employee compensation
• Online Access: http://hdl.handle.net/10356/9983
• Institution: Nanyang Technological University

Employee stock options are commonly used by companies to attract and motivate employees, in the hope of aligning employees’ interests with the shareholders. However, past researches have found mixed reactions from investors with regards to the disclosed stock option expense under SFAS No. 123. This...