Market Soundings - Corporate finance experts Lawrence Levine and Carl Luft warn that calculations involved in meeting requirements to expense employee stock options are even tougher to handle than originally believed. They say that to get the right numbers, companies must incorporate an appropriate discount for the lack of market liquidity. Thus, option values may be less than those calculated by ...
Year of publication:
Mergers & acquisitions. - New York, NY : Investment Dealers' Digest, ISSN 0026-0010, ZDB-ID 8628555. - Vol. 38.2003, 1, p. 10-11