Stock options: : from backdating to spring loading

Bianchi, Giuliano (Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland)

In this article I explore the impact of the introduction of the Sarbanes–Oxley Act (SOX) in 2002 and the Securities and Exchange Commission’s implementation of the Act in 2006 on the options granting process. I show that after the in troduct ion of the SOX and its implementation the pract ice of backdating options was subst ituted with the practice of “spring loading” options around analysts’ price targets announcements.


Mots-clés:
Type d'article:
scientifique
Faculté:
Economie et Services
Ecole:
EHL Ecole hôtelière de Lausanne
Classification:
Économie/gestion
Date:
2016
Titre du document hôte:
The quarterly review of economics and finance
Numérotation (vol. no.):
February 2016, vol. 59, pp. 215-221
DOI:
ISSN:
0261-5177
Le document apparaît dans:

Note  Le statut de ce document est: non diffusé

Note: The status of this file is: restricted


 Notice créée le 2016-04-26, modifiée le 2018-02-15

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