Bernile, Gennaro; Jarrell, Gregg A. - In: Journal of Accounting and Economics 47 (2009) 1-2, pp. 2-26
The revelation that scores of firms engaged in the illegal manipulation of stock options' grant dates (i.e. "backdating") captured much public attention. The evidence indicates that the consequences stemming from management misconduct and misrepresentation are of first-order importance in this...
