search query: @author Tehranian, H. / total: 14
reference: 4 / 14
| Author: | Espahbodi, H. Espahbodi, P. Rezaee, Z. Tehranian, H. |
| Title: | Stock price reaction and value relevance of recognition versus disclosure: the case of stock-based compensation |
| Journal: | Journal of Accounting & Economics
2002 : AUG, VOL. 33:3, p. 343-373 |
| Index terms: | Financial reporting Disclosure Accounting standards Stock markets Stock options Share prices |
| Language: | eng |
| Abstract: | This study examines the equity price reaction to the pronouncements related to accounting for stock-based compensation and assesses the value relevance of recognition versus disclosure in financial reporting. The authors document that firms exhibit significant abnormal returns around the issuance of the exposure drafts proposing to require regocnition of stock-based compensation costs. The authors also document that the abnormal returns are most pronounced for high-tech, high-growth, and start-up firms. abnormal |
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