Stock options represent a significant claim against companiesthat should be reflected in their valuations, but valuing employee stock options is complex. Fortunately, in this Research Foundation of CFA Institute monograph, Mark Lang presents an excellent framework for valuing these claims by balancing the obligation of the company to fund outstanding options and future grants with the benefits arising from the incentive effects of options.

Employee Stock Options and Equity Valuation

Mark Lang

Research Foundation of CFA Institute

See the best price to sell, buy, or rent books by Mark Lang. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Mark Lang

See the best price to sell, buy, or rent books by Mark Lang. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Employee Stock Options and Equity Valuation