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.
ProQuest U.S. Congressional Research Digital Collection
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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. AVAILABLE ONLINE TO AUTHORIZED PSU USERS.
