LAUSR

Stock compensation expense, cash flows, and inflated valuations

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1 Published in 2020 at "Review of Accounting Studies"

DOI: 10.1007/s11142-020-09549-6

Abstract: This paper reviews the statement of cash flow implications of stock compensation expense and the effect it can have on valuations. The paper suggests that treating stock compensation as a noncash item in the statement… read more here.

Keywords: cash; compensation expense; stock compensation;