We investigate the use of a warrant-pricing approach to incorporate employee stock options (ESOs) into equity valuation and to account for the dilutive effect of ESOs in the valuation of option grants for financial reporting purposes. Our valuation approach accounts for the jointly determined nature of ESO and shareholder values. The empirical results show that our stock price estimate exhibits...

importance of risk and uncertainty in financial markets became more apparent after financial crisis in 2007. volatility is the most important measure of risk in financial markets. thus, modeling volatility of financial markets is one of the important issues in finance and economics. in this paper first we tried to specify key features of volatility of daily returns of tehran stock exchange pric...

fuzzy water quality index (fwqi) was applied in order to assess the degree of drinking water resources in yazd province, iran. thisstudy has also offered the creation of a new fuzzy water quality index (fwqi) to evaluate this tool’s applicability. 12 chemicalparameters including toxic and non-toxic heavy metals measured in 71 groundwater samples collected from drinking water resourcesin rural a...

Financial supervision means that monetary authorities have the power to supervise and manage financial institutions according to laws. Monetary authorities have this power because of the requirements of improving financial services, protecting the rights of depositors, adapting to industrial development, ensuring financial fair trade, and maintaining stable financial order. To establish evaluat...

The subject of the paper is role fair value, as one accounting measurement attributes (measurement basis) assets and liabilities in statement financial position, conditions crisis, based on experience with global crisis which appeared 2008 US sector, later spilled over into real sector that country, well as, to a greater or lesser extent, rest world. has stimulated discussions scientific profes...

AbstractBiological assets are growing owned by a company and can provide economic benefits in the future. In Indonesia, biological recorded recognized based on PSAK 69. The 69 requires use of fair value method to measure that were previously measured using historical cost method. This study aims determine impact implementation financial performance. also investigates effect environmental report...

This letter presents the multi-perturbation Shapley value analysis (MSA), an axiomatic, scalable, and rigorous method for deducing causal function localization from multiple perturbations data. The MSA, based on fundamental concepts from game theory, accurately quantifies the contributions of network elements and their interactions, overcoming several shortcomings of previous function localizat...