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Mark Lang - Employee Stock Options and Equity Valuation

Posted on 2010-07-07




Name:Mark Lang - Employee Stock Options and Equity Valuation
ASIN/ISBN:0943205670
Publisher:Research Foundation of CFA Institute
Publish Date:0943205670
Pages:79 pages
File size:5.37 Mb
Publisher: Research Foundation of CFA Institute
Publish Date: 2004-07-02
ISBN: 0943205670
File Type: PDF
Pages: 79 pages
File Size: 5.37 MB
   Mark Lang - Employee Stock Options and Equity Valuation

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Stock options represent a significant claim against companiesthat should be reflected in their valuations, but valuing employee stock options is complex. Fortunately, in this Research Foundation of CFA Institute monograph, Mark Lang presents an excellent framework for valuing these claims by balancing the obligation of the company to fund outstanding options and future grants with the benefits arising from the incentive effects of options.

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