SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.37-0.7%1:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boca_PETE who wrote (64729)9/19/2003 12:09:56 AM
From: hueyone  Read Replies (2) of 77400
 
re:The authors of this article (Kaplan, Merton and Bodie) are famous investment experts, not accounting experts.

Uh huh.

dor.hbs.edu

Kaplan received the Outstanding Accounting Educator Award in 1988 from the American Accounting Association (AAA), the 1994 CIMA Award from the Chartered Institute of Management Accountants (UK) for "Outstanding Contributions to the Accountancy Profession," and the 2001 Distinguished Service Award from the Institute of Management Accountants (IMA) for contributions to the IMA and the academic community.

Recent books he published include The Strategy-Focused Organization, (translated into 17 languages and named by Cap Gemini Ernst & Young as the best international business book for year 2000), and The Balanced Scorecard: Translating Strategy into Action, (translated into 21 languages and winner of the 2001 Wildman Medal from the American Accounting Association for its impact on practice).

Kaplan consults for leading companies around the world. He also has a MS in electrical engineering from MIT. Next time you might consider checking some sources before you post.

The other two finance professors are no slouches either, with Merton having won the Nobel prize for his work on options pricing. Merton is also past President of the American Finance Association and has served as director for quite a few companies. To suggest that these guys are not qualified to have a meaningful opinion on the stock options expense issue is ludicrous imo.

Regards, Huey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext