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IASB
International Financial Reporting Standard No. 2, Share Based Payment
- Publisher
- Emerald Publishing
- Copyright
- Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
- ISSN
- 0268-6902
- DOI
- 10.1108/02686900810857730
- Publisher site
- See Article on Publisher Site
Abstract
Purpose – To review the evolution of SFAS No. 123R, “Accounting for Share Based Compensation,” and examine the economic consequences of the standard for the first group of filers impacted by its provisions. Design/methodology/approach – The sample was the population of firms in the Russell 3000 having June 30, fiscal year‐ends. Findings – The study's findings suggest that the provisions of SFAS No. 123R remain controversial and that compliance with the standard had significant economic consequences for the sample of companies. Originality/value – This study provides evidence that SFAS No. 123R had significant economic consequences but that some of the standard's effects differed from earlier predictions.
Journal
Managerial Auditing Journal – Emerald Publishing
Published: Mar 21, 2008
Keywords: Fair value; Stock options; Accounting standards; Compensation