...Yan Wendy Wu Purpose This paper seeks to evaluate the cost of repriceable options, and to investigate whether repriceable employee stock options (ESOs) cost more than standard ESOs in providing incentives to employees. Design/methodology/approach This paper develops an intensity‐based model...

...Ching‐Hsiang Lin; Wanncherng Wang Purpose In Taiwan, an employee stock bonus (ESB) was accounted for as an earnings distribution rather than an expense – a remnant of the dominance of tax law over accounting standards. To enhance the usefulness of accounting information, the Securities and Futures...