Oregon Law Review : Vol. 86 No. 4, p. 973-1016 : The Path of Corporate Law: Of Options Backdating, Derivative Suits, and the Business Judgment Rule
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Date
2008
Authors
Morrissey, Daniel J.
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon School of Law
Abstract
[W]ith the record of corporate executive wrongdoing at
dramatic levels, the government is concerned about giving
corporate executives more leeway and making litigation
against them more difficult. With Wall Street bonuses in the
$40 billion range, Mr. Paulson is worried that Wall Streeters
are not treated well enough. With executive's pay in the
stratosphere, not even counting what they steal in options, the
government is worried that things are too tough for them.
Description
44 p.
Keywords
Options backdating, Business judgment rule
Citation
86 Or. L. Rev. 973 (2008)