Options backdating wsj

Folks with strong opinions on this subject would enjoy John Bogle’s Battle for the Soul of Capitalism.

Law firms blow a lot of rhetorical hot air affirming their commitment to achieving gender diversity in the workplace.

Yet, despite some isolated efforts to hire and retain more female attorneys and promote more women into partnership, little tangible progress has been made to improve the position of women in the profession…

ANN ARBOR—A decade after the stock option backdating scandal broke and then seemed to die down after some civil and criminal prosecutions, the practice appears to have resurrected itself.

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"This would completely remove the incentives to engage in any timing games.If options are counted as compensation, then backdating really doesn’t matter.Companies that engage in this practice will erode shareholder value faster and post poorer results.So if they benefit from today's option, they take away from tomorrow's option," Seyhun said.A companion research paper found similar manipulation by corporate executives when issuing gifts of stock.

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