First service backdating stock options

21-Jan-2018 11:34

first service backdating stock options-73

Cruising for sex chat

New rules under the Sarbanes-Oxley Act have reduced the practice to 10% of the companies granting options.

Only 7.7% of companies filing within the new two-day reporting window for options grants show a pattern of backdating, compared to 19.9% of companies that did not meet the requirements.

Any gain a company makes is assumed to be the sole result of the extraordinary wisdom of this one very special person, not the collective efforts of hundreds or thousands of employees.

It's demonstrably bunk, but then the people setting executive pay operate in a parallel universe.

Despite all the editorials, all the accounting rule changes, and all the new laws, nothing much seems to change except the particular manner in which so many executives get overpaid.

Chances are this particular practice will now go away, but another one will surface all too soon.

As important as the issue of executive equity compensation is, it should not blind us to a more important concern.

Research has definitely shown that broadly-granted equity awards improve corporate performance; concentrated grants force it down (the details are in the article Broadly Granted Stock Options Improve Corporate Performance).

The theory seems to be that a good CEO is worth any price a company will pay, no matter that the compensation might literally exceed the GNP of some countries or be enough to hire hundreds of talented employees.

Microsoft acknowledged doing this in 1999, stopped the practice, and restated its financials.

Isn’t this just another “Friendfinder hook-up site”? It does contain lots of erotic photos, as well as promotions for live cam shows and so on.… continue reading »

Read more

Tim Keller--Santa is arranging for ABQ City Council President Ken Sanchez to run for State Auditor, win the election and then resign from the council next year thus removing a major thorn in the new mayor's side.… continue reading »

Read more

At our Muslim personals site, you’ll always be assured of a safe and friendly environment in which to meet like-minded Muslim singles who are seeking a Muslim marriage.… continue reading »

Read more

In 2014, Omegle began experimenting with a "Dorm Chat" mode, which requires users to provide an email address ending in ".edu" to verify that they are associated with a college or university.… continue reading »

Read more