25
Views
4
CrossRef citations to date
0
Altmetric
Original Articles

Analysis of a practical formula for the valuation of employee stock options

Pages 205-208 | Published online: 06 Oct 2010

References

  • Beckers , S. 1981 . Standard deviations implied in option prices as predictors of future stock price volatility . Journal of Banking and Finance , 5 : 363 – 381 .
  • Black , F. and Scholes , M. 1973 . The pricing of options and corporate liabilities . Journal of Political Economy , 81 : 637 – 654 .
  • Brenner , M. and Subrahmanyam , M. G. 1988 . A simple formula to calculate the implied standard deviation . Financial Analysis Journal , September/October : 80 – 83 .
  • Clem , A. M. 1997 . “ Employee stock option valuation under SFAS No. 123 and alternative models: evidence from private data ” . In Working Paper , Iowa State University .
  • Hemmer , T. , Matsunaga , S. and Shevlin , T. 1996 . The influence of risk diversification on the early exercise of employee stock options by executive officers . Journal of Accounting and Economics , 21 : 45 – 68 .
  • Merton , R. C. 1973 . Theory of rational option pricing . Bell Journal of Economics and Management Science , 4 : 141 – 183 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.