Executive Compensation Research Library
The Executive Compensation Research library holds practitioner comments on accounting and industry development and academic research that forms the basis of executive compensation theory and practice. Research is organized by the following categories:
Principles-based Compensation
Stock Options
Principles-based Compensation
Corporate Governance and Executive Compensation Principles
This page contains links to the organizations that are developing principles for corporate governance and executive compensation. From those links, you can gain access to the original documents and source material covered in the above survey article.
Stock Options
Responses To Notice for Recipients Of the Exposure Draft (June 21, 2004) FASB Statement No. 123: Accounting for Stock-Based Compensation
Submitted By: Donald P. Delves
“We agree that stock options are compensation and are used primarily to remunerate employees, particularly executives, for their services and for their performance. As equity instruments these stock options unquestionably have a cost that should be recognized. The FASB has proposed that this expense be determined as of the date the options are granted, and recognized over the period that options become exercisable or vest. This treatment follows traditional methods of recording compensation expense, and the treatment of compensation as payment for services delivered over time. This is rational, logical and simple.”
Financial Accounting Standards Board (FASB) Roundtable on Accounting for Stock-Based Compensation
June 24, 2004, Afternoon Session
Palo Alto, California
Listen to the meeting.
Testimony of Donald P. Delves
Capitol Hill, April 20, 2004
Testimony of Donald P. Delves, Before the U.S. Senate Committee on Governmental Affairs Senate Subcommittee on Financial Management, the Budget, and International Security, Oversight Hearing on Expensing Stock Options: Supporting and Strengthening the Independence of the Financial Accounting Standards Board, Tuesday, April 20, 2004.
Excerpts from Stock Options and the New Rules of Corporate Accountability
By Don Delves, CPA
Corporate Board Member Magazine: November 11, 2003
This series of excerpts provides stand-alone insight into compensation and corporate governance while highlighting the key themes of Delves’ book. Topics addressed include valuing and adding performance measures to options, balancing incentive portfolios, and re-evaluating the role of Board members regarding executive compensation.
Better Questions – Better Answers
Balanced Incentive Portfolio
Performance Measures for Options
Valuing Options
