The idea behind backdating options would initially appear to be one that has positive outcomes. Companies will offer their employees stock options as part of an incentive program within the company. They will set a price for the employee so that in the future, the employee can continue to purchase stocks at the same price. The company will simply backdate the options, which means they alter the date the grant options were issued. Inherently this doesn’t seem to be a problem until we tackle a few examples that show how this action is quite unethical. Steve Jobs is ...
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