Keywords
Equity options
Capital assets
Employees
Suppliers
How to Cite
Abstract
The constant evolution of business practice has caused that the companies’ managers and administrators, have chosen to create innovative options to interact with third parts. Therefore, equity options arise, turning out as an interesting option, not only to reward their employees and suppliers in an attractive and competitive form, as well as the opportunity to establish long term bonds, condition that finally turns out into the enterprise success. In fact, the equity options can be realized by a company, giving directly to its employees and suppliers stock options as a reward when objectives are accomplished. As it can be expected, this decision may vary according to the specific conditions settled between the parts, and can be as diverse as every company nature. Taking the above in consideration, this article pretends to approach the concept of equity options as well as reviewing the scope where is frequently used. As a complement, this article studies different models that an organization can use to
determine the financial cost incurred to apply this method. Subsequently, my study includes the analysis and evaluation of different schemes, offered to third parties for the future acquisition of its stocks.
References
Argandoña, A. (2000). La remuneración de directivos mediante opciones sobre acciones: Aspectos económicos y éticos. IESE, Barcelona, España.
Comisión Europea. (2003). El entorno jurídico y administrativo de las opciones sobre acciones para trabajadores en la UE. Bruselas, Bélgica.
Federación Internacional de Contabilidad. (2007). Normas Internacionales de Información Financiera. México, D.F.: Editorial Instituto Mexicano de Contadores Públicos, A.C.
Gitman, J. (2003). Principios de Administración Financiera. México, D.F., México: Editorial Pearson.
Hoskisson, R. y Hitl, M. (1999). Administración Estratégica, Competitividad y Conceptos de Globalización. Editorial Thompson, México.
Hull, J.C. (2000). Options, Futures, and Other Derivatives. Fifth Edition, Prentice-Hall.
Robbins, S. (1991). Comportamiento Organizacional. Prentice Hall Hispanoamericana, México.
Instituto Mexicano de Contadores Públicos, A.C. (2007). Normas de Información Financiera (3ª ed.). Editorial Instituto Mexicano de Contadores Públicos, A.C., México, D.F.
Scholes, Wolfson, Erickson, Maydew y Shevlin. (2001). Impuestos y Estrategia de Negocios: Un Acercamiento de Planeamiento. México, D.F.: Editorial Prentice Hall.
Stern, J. (1999). El EVA y su Aplicación Práctica: Los Conceptos Fundamentales del EVA. Editorial Harvard Deusto.
Van Horne, J. y Wachowicz. (1994). Fundamentos de Administración Financiera (8ª ed.). México, D.F., México: Prentice Hall Hispanoamericana S.A.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 Unported License.
Copyright (c) 2010 Vernor Mesén Figueroa