Stock Options : The Backdating Issue.

Format:

Book

Government document

Language:

English

Subjects (All):

Financial disclosure.

Employee ownership.

Finance--Law and legislation.

Physical Description:

1 online resource (42 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2008.

System Details:

text file

Summary:

Discusses controversy surrounding the undisclosed backdating of employee stock options, in which some companies grant employee stock options from an earlier grant date with a lower market price rather than its current market price, thus resulting in increased compensation for the grantee at the expense of other shareholders. Provides illustration of undisclosed backdating, and discusses types of stock options, growth of stock options in the 1990s, the extent of timing manipulation of options, potential costs of backdating, key legislative and regulatory developments, corporate oversight and governance, and possible policy options.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Stock Options

Access Restriction:

Restricted for use by site license.