The secret backdating of stock option grants is not just corporate hanky-panky, it is criminally fraudulent. Yet starting in 2006, well over 100 US public companies were investigated for engaging in the practice. And over 50 of them hailed from within the boundaries of the Silicon Valley business community. Some executives went to jail, many more were fined, and some were barred from serving as officers of public companies.
Why Modern Business Is Bad for Your Mental Health
The secret backdating of stock option grants is not just corporate hanky-panky, it is criminally fraudulent. Yet starting in 2006, well over 100 US public companies were investigated for engaging in the practice. And over 50 of them hailed from within the boundaries of the Silicon Valley business community. Some executives went to jail, many […]
February 23, 2010
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New!
HBR Learning
HBR Learning
Ethics at Work Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Ethics at Work. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Avoid integrity traps in the workplace.