Comments

Submission of this paper to the faculty predates date of submission to the Digital Commons office which is May 17th, 2005. Date of upload to the Digital Commons repository is August 23, 2005.

Document Type

Article

Abstract

The requirement for expensing may have been chopped, but the most important issue is to determine the effect of expensing on investors and companies' compensation structures. These two focus questions have remained the nucleus of the entire problem.

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