Download or read book Disappearing Stock Options written by Gala Ades-Laurent and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The question of whether senior executives are overpaid has long been a source of controversy, spurring academic debates, congressional hearings, and statutory changes. It has grown more pointed in the past twenty years due to the increased use of equity pay, which has allowed corporations to generously compensate their top executives while, at least facially, improving performance. Largely due to changes in the tax code and accounting rules in 1993, public companies have favored issuing stock options over stock grants. Yet this trend shifted in the past decade: stock grants replaced options as the dominant form of equity pay. This Note presents the first comprehensive study of the change in the equity composition of executive compensation after the financial crisis, focusing on change in trends between 2006-2014. The evidence shows that the movement away from stock options is largely a response to the panoply of federal efforts to control 'runaway' executive compensation and mitigate risk. This finding has important implications for investors and regulators who wish to offset managerial influence over executive pay at public companies, as well as offering an early glimpse into the post-financial crisis state of affairs.

Download or read book The FASB Stock Options Proposal written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2004 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Empirical Analysis of Stock Option Valuation Methodologies in Closely Held U S Corporations written by Mike Fred Balm and published by Universal-Publishers. This book was released on 2009-05 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: The introduction of fair value accounting for stock options has required private companies to apply stock option valuation methodologies that were designed to be applied to their public counterparts. The two recommended methodologies, the Black-Scholes formula and the Binomial Lattice model, require the valuator to provide an input for estimated volatility; for private companies that do not have a trading history there is limited guidance regarding the determination of volatility, which results in diverging and incorrect estimates. Based on a sample representing 178 companies who filed and completed an IPO in 2006, this study analyzed the accuracy of the recommended valuation methodologies when applied to closely held US corporations. The study outlines the importance of volatility to the value of the options and proceeds to document, by comparing the private (pre-IPO) and public (post-IPO) data, that in 51% of the cases the volatility was either over- or under-stated by more than 10%. In addition, the study shows a bias towards overstatement in the less than 10% variance group. The study further demonstrates that a marginal change in volatility has a significant impact on the company's total stock-based compensation expense and consequently misstates earnings.

Download or read book Before All Who Have Ever Seen this Disappear written by Michael Gills and published by Madville Publishing. This book was released on 2023-02-21 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before All Who Have Ever Seen This Disappear, Michael Gills’ fifth novel, plumbs the depths of the Stepwell family tendency toward theatrical catastrophe. When Weldon Stepwell, bare-knuckled catcher for the Danville Little Johns and town florist, has his leg amputated in a wood-cutting accident, the team shows up on the hospital lawn to give blood, pray, and curse God. Mostly they gather to be with the stricken wife, daughter, and son and wait to see if their teammate will live through the night. One teammate is sent to retrieve the leg, and just what on earth do you do with such a thing? Rural Arkansas in 1950, they are men who’d just whipped Hitler and come home to play ball, volunteer firemen, rural mail carriers, the stray senator-to-be, hardware store workers, and fish farmers. Spanning three generations, they just can’t seem to outrun whatever it is that stalks their periphery. Finally, an adult grandson must contend with the Stepwell business in the form of a plague that comes on them and the world from nowhere. Quarantined between a gleaming football stadium on one side of the road and the city cemetery on the other, a moment comes when they must walk out under the sun and re-commune. A story that dives as deep as you like into the abyss, then fights its way out with all the hope and grace this life allows.

Download or read book Stock Options written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1961 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Stock Options For Dummies written by Alan R. Simon and published by John Wiley & Sons. This book was released on 2010-03-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Confused by all the brouhaha surrounding stock options? Let expert Alan Simon demystify this often-confusing investment vehicle for you. If you’re like the majority of the estimated 12 million employees in the U.S. who have stock options as a key component to their compensation packages, you have a vague notion, at best, of how options work and what they can mean to your financial well being. What’s the vesting schedule for your shares and how will their strike price be set? What type of stock option grant will you receive, an ISO (incentive stock option) or an NQSO (non-qualified stock option)? What tax rules apply to your option program? Your financial future could depend on your knowing the answers to these and other questions regarding your company’s stock option plan. Featuring clear explanations of how your stock options might make you money—or not—this friendly guide fills you in on what you need to know to: Understand different types of stock options Read and find traps in your stock option agreement Evaluate the pros and cons of company investment vehicles Assess vesting schedules and tax laws Tap Web resources Simon demystifies the jargon, rules, and tax consequences of stock options. He provides a realistic picture of what to expect from your options, and he helps you see past the hype to understand what your employer is really offering. Important topics covered include: What you need to know before accepting a compensation package that includes options Developing a stock option philosophy and clear-cut goals Knowing whether you’re being treated fairly by your company Making sense of the language of stock options agreements Getting a handle on key restrictions on how you exercise your options Stock option valuation Tax rules and how they apply to different types of options How stock options can be affected by changes at your company Stock Options For Dummies is the only guide you’ll need to get the most out of this important investment vehicle.

Download or read book The More They Disappear written by Jesse Donaldson and published by Macmillan. This book was released on 2016-08-02 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The More They Disappear delivers everything a reader could want. On one hand a compelling literary thriller, on the other a deep and generous meditation on life in a small town torn by addiction, poverty, and corruption." --Philipp Meyer, author of The Son When long-serving Kentucky sheriff Lew Mattock is murdered by a confused, drug-addicted teenager, chief deputy Harlan Dupee is tasked with solving the crime. But as Harlan soon discovers, his former boss wasn't exactly innocent. The investigation throws Harlan headlong into the burgeoning OxyContin trade, from the slanted steps of trailer parks to the manicured porches of prominent citizens, from ATV trails and tobacco farms to riverboat casinos and country clubs. As the evidence draws him closer to an unlikely suspect, Harlan comes to question whether the law can even right a wrong during the corrupt and violent years that followed the release of OxyContin. The More They Disappear takes us to the front lines of the battle against small-town drug abuse in an unnerving tale of addiction, loss, and the battle to overcome the darkest parts of ourselves.

Download or read book Consider Your Options written by Kaye A. Thomas and published by Fairmark Press Inc.. This book was released on 2005 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the 2005 edition of the most popular book on employee stock options. It's a major revision from the previous edition, with new design, content and organization to make it even easier for employees to learn what they need to know about their equity compensation.

Download or read book The Vanishing American Corporation written by Gerald F. Davis and published by Berrett-Koehler Publishers. This book was released on 2016-05-02 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: It may be hard to believe in an era of Walmart, Citizens United, and the Koch brothers, but corporations are on the decline. The number of American companies listed on the stock market dropped by half between 1996 and 2012. In recent years we've seen some of the most storied corporations go bankrupt (General Motors, Chrysler, Eastman Kodak) or disappear entirely (Bethlehem Steel, Lehman Brothers, Borders). Gerald Davis argues this is a root cause of the income inequality and social instability we face today. Corporations were once an integral part of building the middle class. He points out that in their heyday they offered millions of people lifetime employment, a stable career path, health insurance, and retirement pensions. They were like small private welfare states. The businesses that are replacing them will not fill the same role. For one thing, they employ far fewer people—the combined global workforces of Facebook, Yelp, Zynga, LinkedIn, Zillow, Tableau, Zulily, and Box are smaller than the number of people who lost their jobs when Circuit City was liquidated in 2009. And in the “sharing economy,” companies have no obligation to most of the people who work for them—at the end of 2014 Uber had over 160,000 “driver-partners” in the United States but recognized only about 2,000 people as actual employees. Davis tracks the rise of the large American corporation and the economic, social, and technological developments that have led to its decline. The future could see either increasing economic polarization, as careers turn into jobs and jobs turn into tasks, or a more democratic economy built from the grass roots. It's up to us.

Download or read book Vanished written by Joseph Finder and published by St. Martin's Press. This book was released on 2009-08-18 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nick Heller is tough, smart, and stubborn. And in his line of work, it's essential. Trained in the Special Forces, Nick is a high-powered intelligence investigator--exposing secrets that powerful people would rather keep hidden. He's a guy you don't want to mess with. He's also the man you call when you need a problem fixed. Desperate, with nowhere else to run, Nick's nephew, Gabe makes that call one night. After being attacked in Georgetown, his mother, Lauren, lies in a coma, and his step-dad, Roger, Nick's brother, has vanished without a trace. Nick and Roger have been on the outs since the arrest, trial, and conviction of their father, the notorious "fugitive financier," Victor Heller. Where Nick strayed from the path, Roger followed their father's footsteps into the corporate world. Now, as Nick searches for his brother, he's on a collision course with one of the most powerful corporations in the world--and they will stop at nothing to protect their secrets, in Joseph Finder's thrilling Vanished.

Download or read book Executive Stock Options Missed Earnings Targets and Earnings Management written by Mary Lea McAnally and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines whether stock option grants explain missed earnings targets, including reported losses, earnings declines and missed analysts' forecasts. Anecdotal evidence and surveys suggest that managers believe that missing an earnings target can cause stock-price drops (Graham, et al. 2006). Empirical studies corroborate this notion (Skinner and Sloan 2002, Lopez and Rees 2002). Thus, a missed target could benefit an executive via lower strike price on subsequent option grants. Prior option-grant studies explore only general downward earnings management (Balsam et al. 2003, Baker et al. 2003) but our study is the first to explore whether option grants encourage missed earnings targets. Indeed, if missed targets drive the prior results, the literature has failed to document an important negative outcome of stock option incentives. We use quarterly and annual data for fixed-date options granted after firms announce they have missed earnings targets. We find that firms that miss earnings targets have larger and more valuable subsequent grants. Further, we find that the likelihood of missing earnings targets for firms that manage earnings downward increases with stock-option grants. To control for the possibility that firms miss earnings targets for operational reasons, we only include firms that likely managed earnings downward (Dechow et al. 1996, Phillips et al. 2003). Backdating or opportunistic timing of grants cannot explain our results because we include only fixed-date grants. While many studies explicitly consider whether and why managers meet or beat earnings targets, ours is the first study to find that some managers may seek to miss earnings targets (Burstahler and Dichev, 1997).

Download or read book The Great Disappearance Bible Study Guide written by Dr. David Jeremiah and published by HarperChristian Resources. This book was released on 2024-01-02 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: It Will Be an Ordinary Day— Until, Suddenly, It Isn’t For decades, Dr. David Jeremiah has searched the Scriptures for answers regarding the future monumental events known as the Rapture, the Tribulation, the Second Coming, and more. The Great Disappearance compiles his prophetic research for curious believers who patiently await the triumphant return of Christ. This study guide reinforces Dr. Jeremiah’s dynamic, in-depth teaching to aid you in applying biblical truth to your daily life. Drawing from his deep knowledge of biblical prophecy and passion for sharing the truth of God’s Word, Dr. Jeremiah skillfully unravels the mysteries surrounding the Rapture and the Second Coming. Designed for use with Dr. Jeremiah’s book, The Great Disappearance Study Guide dives into the promises of Jesus’ return in the Old and New Testaments. Whether you are a seasoned student of prophecy or new to the faith, this guide will expand your understanding, deepen your faith, and bring you one step closer to the future glory awaiting those who put their faith in Christ Jesus. Each lesson includes: An outline of the main subjects and Scriptures covered during the lesson An overview of Dr. Jeremiah’s teaching on the topic being studied Application questions to help both individuals and small groups delve into the content and the Bible A Did You Know? section that adds a point of interest to the lesson

Download or read book The Vanishing Newspaper 2nd Ed written by Philip Meyer and published by University of Missouri Press. This book was released on 2009-09 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this edition, Meyer's analysis of the correlation between newspaper quality and profitability is updated and applied to recent developments in the newspaper industry. Meyer argues that understanding the relationship between quality and profit is central to sustaining journalistic excellence and preserving journalism's unique social functions." -- Provided by the publisher.

Download or read book The Stock Options Manual written by Gary L. Gastineau and published by McGraw-Hill Companies. This book was released on 1979 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Great Disappearance written by Dr. David Jeremiah and published by Thomas Nelson. This book was released on 2023-10-03 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapture is the central event in biblical prophecy. But what does it mean for us today? How can this crucial end times event draw us nearer to God in a world that is seemingly on the brink of chaos? Political turmoil, economic uncertainty, an ideological divide that feels increasingly impassable—the signs of the times point us toward the end, and that can be disconcerting. But the greatest truth about the rapture is not its timing, but its reality—for blessed are all who long for His appearing. The Great Disappearance is a culmination of decades of Dr. Jeremiah studying end times throughout the Bible. In this definitive volume he will explain the meaning of the word rapture, the difference between the rapture and the second coming, and the joy of expecting our Savior to come at any given moment. Dr. Jeremiah will also explore key questions such as: Who will be raptured? When will it happen? What will happen to those left behind? What will believers experience when they are taken away to heaven? Will non-believers still have time to repent and be saved? Dr. Jeremiah seeks to answer all of those questions and many more, not with sensationalism or stories ripped from the headlines but with solid, biblical truth. Because God has laid out His plan for us in His Word so that we might not be caught unaware. We may not know the exact date that the rapture will happen, but we do know it will happen. Are you ready for it?

Download or read book Effects of a Subsidized Put Option Program and Forward Selling on Farmers Revenue Risks written by Diane R. Bertelsen and published by . This book was released on 1989 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Jeff Augen s Options Trading Strategies Collection written by Jeff Augen and published by FT Press. This book was released on 2012-01-18 with total page 929 pages. Available in PDF, EPUB and Kindle. Book excerpt: Breakthrough option strategies from Jeff Augen: Three books packed with new tools and strategies for earning higher, more consistent profits and systematically controlling risk! In three remarkable books, Jeff Augen teaches you dozens of up-to-the-minute option trading strategies and techniques for earning powerful, consistent profits! The Option Trader’s Workbook, Second Edition offers start-to-finish hands-on practice with every leading strategy, including the newest trading techniques. Through hundreds of realistic problems (each with fully explained solutions), you’ll walk through trades designed to profit from changing prices, volatility, and time decay…plus new ways to use CBOE Weekly Options Expiration options, collars, covered calls, covered puts, ratio and variance trading, VIX options, volatility ETFs, and more…all without risking a dime! In Trading Options at Expiration: Strategies and Models for Winning the Endgame, Augen reveals new ways to structure positions that profit from predictable end-of-contract price distortions with remarkably low risk. Packed with brand-new statistical models, minute-by-minute pricing analyses, and optimized strategies, this book teaches you how to create trades that regularly deliver returns of 40%—300% with just two days of market exposure per month, or even less. Finally, in The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets, Augen introduces breakthrough strategies for identifying and profiting from subtle price distortions that arise from changes in market volatility. Drawing on more than a decade of never-before-published research, Augen shows option traders how to study historical price changes, mitigate risk, limit market exposure, and structure mathematically sound high-return positions. You’ll even discover how to build your own customized, low-cost analytical toolset to transform these state-of-the-art strategies into practical buy/sell signals!