Taxes and the backdating of stock option exercise dates

Please note that Internet Explorer version 8. Please refer to this blog post for more information. Bernile and Jarrell provide extensive analysis regarding the impact of backdating the stock option exercise price on stock returns for a sample of firms identified by the Wall Street Journal. Dhaliwal, Erickson, and Heitzman investigate whether executives backdate the exercise date to obtain favorable tax consequences.

Taxes and the backdating of stock option exercise dates — University of Arizona

This discussion comment focuses on several fundamental issues that confront researchers examining the backdating scandal and other related decisions. Specifically, we discuss the decision models for executives engaged in backdating and the potential role of social networks among directors, selection considerations, institutional voting behavior, and how backdated options can be replicated with existing equity instruments.

We would like to acknowledge the excellent research assistance from Ian Gow and Charles Wang in preparing this discussion.

We also appreciate the comments of Alan Jagolinzer, Thomas Lys, and Hayagreeva Rao. Taxes and the backdating of stock option exercise dates Books Register Sign in Sign in using your ScienceDirect credentials Taxes and the backdating of stock option exercise dates.

Discussion of “The Impact of the Options Backdating Scandal on Shareholders” and “Taxes and the Backdating of Stock Option Exercise Dates” | Stanford Graduate School of Business

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Journal of Accounting and Economics Volume proven swing trading strategies, Issues 1—2MarchPages Author links open the author workspace. Opens the author workspace a. Numbers and letters correspond to the affiliation list.

Click to expose these in author workspace David F. Opens the author workspace Opens the author workspace b. Click to expose these in author workspace a The Wharton School, University of Pennsylvania, Steinberg-Dietrich Hall, Philadelphia, PAUSA b Stanford University, Graduate School of Business, Rock Center for Corporate Governance, Memorial Way, Stanford, CAUSA.

Taxes and the Backdating of Stock Option Exercise Dates by Dan S. Dhaliwal, Merle Erickson, Shane Heitzman :: SSRN

Abstract Bernile and Jarrell provide extensive analysis regarding the impact of backdating the stock option exercise price on stock returns for a sample of firms identified by the Wall Street Journal. Check if you have access through your login credentials or your institution. Elsevier About ScienceDirect Remote access Shopping cart Contact and support Terms and conditions Privacy policy.

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