Ethics of backdating stock options

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James C. Company Performance and Characteristics ," management revue. Socio-economic Studies , Rainer Hampp Verlag, vol.

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Jensen, Michael C. Fried, Discussion Papers. Bebchuk, Lucian A. Most related items These are the items that most often cite the same works as this one and are cited by the same works as this one. Renneboog, L. Andergassen, Thomas, Merz, Alexander, A review of existing evidence and future research suggestions ," Journal of Accounting Literature , Elsevier, vol.

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Palmberg, Johanna, Chawla, Chetan, Todd M. Chun, Hong-min, The authors conduct the analysis of this study using logistic regression, and they document a negative relation between the E-index and the probability of a firm being implicated in the stock option backdating scandal.

The results of this study are consistent with the view that management entrenchment is advantageous to shareholders as it protects managers from short-term reporting pressures and egregious opportunistic behavior that can be detrimental to firm value.

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Is Backdating Really So Bad?

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