Stock Option Accounting Research

Author: Wang Ruihua
Publisher:
Publish Date: 2003-09-01
Features: This book is guided by modern accounting theory, integrating existing achievements in stock option accounting research and practice in China and around the world. It fully absorbs relevant research findings from modern corporate governance theory, incentive theory, and corporate finance theory. Employing a combination of normative and empirical research methods, as well as theoretical analysis and case studies, the book conducts a comprehensive study on stock option accounting issues. The book primarily focuses on confirmation, measurement, and disclosure, exploring the theoretical framework and methodological system of stock option accounting. While tracking international new development trends, it conducts in-depth investigative analyses of stock option implementation and related accounting issues in Chinese listed companies. Based on an understanding of the situation and an analysis of the causes, the book proposes policy recommendations for stock option accounting in China. The book aims to innovate in the following aspects: 1. Comprehensive research. 2. It proposes an innovative perspective: the objective of stock option accounting is to recognize the services rendered by employees in the financial statements, and the measurement of the fair value of granted stock options is merely an alternative method to measure the fair value of the services received by the company. 3. In terms of methodology, it establishes a new approach to determine the value of services received by the company in each accounting period. 4. It provides a preliminary summary of enterprises in China that implement equity incentives and the accounting methods they adopt. The book has a clear theme, rigorous logic, thorough analysis, and concise, fluent writing. Although some issues in the book still require further exploration, it has indeed provided a solid foundation and platform for in-depth research on this new topic of stock option accounting. Therefore, I am happy to recommend this book to all accounting professionals.