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Asset Liability Research Topics

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Research and Education

Asset Liability Research -
Employee Stock Option Valuation

Carpenter, J., 1998.
The Exercise and Valuation of Executive Stock Options.
Journal of Financial Economics, 48,127.

Yermack, D., 1995.
Do Corporations Award CEO Stock Options Effectively?
Journal of Financial Economics, 39, 237.

Huddart, Lang, 1996.
Employee Stock Option Exercises: An Empirical Analysis.
Huddart and Lang, Journal of Accounting and Economics, 21, 5.

Cai, J., Vijh, A.M., 2004.
Executive Stock Option Valuation in a Two-State Variable Framework.
Forthcoming in the Journal of Derivatives, Sept 2004 (Draft).

Hall, B., Knox, T., 2004.
Negotiation, Organizations, and Markets.
Harvard NOM Research Paper No. 02-19, May 2002.