𝔖 Bobbio Scriptorium
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Stock options controversy continues

✍ Scribed by Robert W. Rouse

Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
36 KB
Volume
16
Category
Article
ISSN
1044-8136

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A warning to all publicly held companies! Closely review your past stock option grants with your auditor and your legal counsel, and adequately document all future grants. The issue just does not seem to go away, and opinions as to the ethical/legal ramifications of "backdating" options have surface

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## Abstract Now that the dust has settled a bit, we take a closer‐look at the recent stock option backdating scandal. Stock option plans have usually been justified by saying they aligned management's interests with those of shareholders. But the authors point out that by backdating stock options,