ABOODY, DAVID; BARTH, MARY E.; KASZNIK, RON - In: Journal of Accounting Research 42 (2004) 2, pp. 123-150
We investigate factors associated with firms' decisions in 2002 and early 2003 to recognize stock-based compensation expense under Statement of Financial Accounting Standards (SFAS) No. 123. We find that the likelihood of SFAS 123 expense recognition is significantly related to the extent of the...