Stock price reaction and value relevance of recognition versus disclosure: the case of stock-based compensation
By Hassan Espahbodi, Pouran Espahbodi, Zabihollah Rezaee, Hassan Tehranian. 2002
155 citations recorded by the source corpus.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/30354341cdf450405a56ef5fbb695c735402805f
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In Accounting
- Terry Shevlin
- Ryan J. Wilson
- Luann J. Lynch
- Thorsten Sellhorn
- Maximilian A. Müller
- Peter J. Frischmann
- Edward J. Riedl
- F. Avallone
In Strategy and Management
- Ryan J. Wilson
- Peter J. Frischmann
- F. Avallone
- Mary Ellen Carter
- İ. Tuna
- Terry Shevlin
- Rebel A. Cole
- Lawrence J. Fu
Citations in the corpus
- Political Connections and Minority-Shareholder Protection: Evidence from Securities-Market Regulation in China (2010, background): “(1998) examine ownership of the ten largest firms in 49 countries; La Porta, Lopez-de-Silanes and Shleifer (1999) examine ownership of the twenty largest firms in 27 wealthy countries; Claessens, Djankov and Lang (2002) examine ownership of firms in nine East Asian countries; and Faccio and Lang (20”
- Recognition versus Disclosure of Fair Values (2015, background): “Most prior studies focus on financing as opposed to operating items: employee stock options (e.g. Espahbodi et al. 2002; Libby et al. 2006; Choudhary 2011; Cheng and Smith 2013), benefit obligations (e.g., Davis-Friday et al. 1999, 2004; Yu 2013), financial derivatives (Ahmed et al. 2006), and…”
- The Role of Accounting in the Design of CEO Equity Compensation (2007, background): “Indeed, Espahbodi et al. (2002) find that the need for additional capital and the possibility of debt covenant violations are related to concerns about expensing of stock options during the SFAS 123 debate.”
- Fair Value or Cost Model? Drivers of Choice for IAS 40 in the Real Estate Industry (2010, background): “…as disclosure (see Gopalakrishnan, 1994; Davis-Friday et al., 1999, for pension accounting under US GAAP), much more evidence is found where recognition has a stronger impact on financial markets (Aboody, 1996; Espahbodi et al., 2002; Beattie et al., 2003; Ahmed et al., 2006; Viger et al., 2008).”
- Economic consequences of increasing the conformity in accounting for uncertain tax benefits (2008, methodology): “The MVRM model conditions the return generating process on the occurrence or nonoccurrence of an event by adding a dummy variable to the market model for each event (Espahbodi et al. 2002).”