| Office Telephone (541) 346-3340 E-mail stevem@oregon.uoregon.edu Web Page http://darkwing.uoregon.edu/~stevem/ Ph.D., University of Washington, 1992 M.B.A., College of William and Mary, 1984 B.A., San Francisco State University, 1979 Specialties Executive Compensation Managerial Incentives |
Publications in Refereed Journals
Hemmer, T., S.R. Matsunaga, and T. Shevlin, "Optimal Exercise and the Value of Employee Stock Options Granted with a Reload Provision", forthcoming, Journal of Accounting Research
Hemmer, T., S.R. Matsunaga and T. Shevlin, "The Influence of Risk Diversification on the Early Exercise of Employee Stock Options by Executive Officers", Journal of Accounting and Economics, February 1996, Vol. 21 No. 1.
S.R. Matsunaga, "The Effects of Financial Reporting Costs on the Use of Employee Stock Options", The Accounting Review, January 1995, Vol. 70 No. 1.
Hemmer, T., S.R. Matsunaga and T. Shevlin, "Estimating the 'Fair Value' of Employee Stock Options with Expected Early Exercise", Accounting Horizons, December 1994, Vol. 8 No. 4.
Matsunaga, S.R., T. Shevlin and D. Shores, "Disqualifying Dispositions of Incentive Stock Options: Tax Benefits vs. Financial Reporting Costs," Journal of Accounting Research Supplement 1992.
Working Papers
Hemmer, T., S.R. Matsunaga and T. Shevlin ,"An Empirical Examination of Incentives to Adopt Reload Employee Stock Option Plans".
Hemmer, T., S.R. Matsunaga and T. Shevlin ,"A Guide to Valuing Employee Stock Options with a Reload Feature".
Professor Matsunaga's teaching interests include introductory and intermediate financial accounting. His main research interests involve the design of managerial compensation contracts. He is currently studying the valuation of employee stock options.
Professor Matsunaga is a co-recipient of the 1995 outstanding manuscript award from the American Taxation Association. In addition, he received the 1994 Competitive Manuscript Award from the American Accounting Association and is a past recipient of a KPMG Peat Marwick Foundation Tax Research Opportunities Award.