Stock Options The Backdating Issue

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Employee ownership.

Finance--Law and legislation.

Finance.

Financial disclosure.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2009

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:

CRS Report

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

Vendor supplied data

Other Format:

Microfiche version Library of Congress Congressional Research Service Stock Options

Publisher Number:

CRS-2009-GVF-0129

Access Restriction:

Restricted for use by site license