The impact of the options backdating scandal on shareholders
The revelation that scores of firms engaged in the illegal manipulation of stock options’ grant dates (i.e. “backdating”) captured much public attention. The evidence indicates that the consequences stemming from management misconduct and misrepresentation are of first-order importance in this conte...
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Main Authors: | BERNILE, Gennaro, Jarrell, Gregg |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2009
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/3664 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4663/viewcontent/SSRN_id971137.pdf |
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Institution: | Singapore Management University |
Language: | English |
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