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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Bibliographic Details
Main Authors: BERNILE, Gennaro, Jarrell, Gregg
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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