Backdating corporate stock optionsBy Tom SmithIf the plaintiffs' lawyers haven't piling on
this one, they soon will.
Among other things wrong with the practice, it eliminates at least part of the incentive effect of stock option based compensation. While you can say anything can be validated by contract, it's hard to see why a rational shareholder would ever approve this practice.
posted by thomas at 3/20/2006 12:12:00 PM
