Explain why the value of ESOs and restricted stock to a manager is generally less than their

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Explain why the value of ESOs and restricted stock to a manager is generally less than their fair values, such as Black- Scholes value for ESOs, or stock market value for restricted stock.

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Financial Accounting Theory

ISBN: 978-0132984669

7th edition

Authors: William R. Scott

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Question Posted: Sep 09, 2014 10:56 AM

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Explain why the value of ESOs and restricted stock to a manager is generally less than their

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Financial Accounting Theory

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