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    • Stock options backdating: six degrees of separation

      Posted by SoxFirst

      The Securities and Exchange Commission is now examining whether directors who sit on more than one company board may have spread the practice of backdating stock-option grants with research showing that 40 per cent of the companies under scrutiny have common directors. This is all part of the “six degrees of separation” theory of corporate governance.

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    SoxFirst

    Member since Sep 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    Melbourne


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