The backdating of
What ethical measures need to be taken to address the agency problem?What values and norms should guide the board of directors in protecting the shareholders’ interests?You'd think they'd be up to their eyeballs in rope.I count no fewer than 38 top executives at 19 high-tech companies that have bit the dust over this stuff.Just put in your house number and postcode or street name.Vitesse Semiconductor was a fabless American semiconductor company based in Camarillo, California, which developed high-performance Ethernet integrated circuits solutions for Carrier, Enterprise networks.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.
Fourth, we proceed to an analysis of good corporate governance practice involving backdating options based on a series of ethical standards including: (1) trustworthiness; (2) utilitarianism; (3) justice; and (4) Kantianism.The unnamed German minister added: “The concept behind putting out such demands is to intimidate the other side, but the Chancellor took it calmly and will not respond to such provocations.” The reports follow a meeting between the pair earlier this month, in which Mr Trump appeared to refuse to shake Ms Merkel's hand.A day after the meeting, Mr Trump tweeted: “Despite what you have heard from the FAKE NEWS, I had a GREAT meeting with the Chancellor Angela Merkel. vast sums of money to NATO & the United States must be paid more for the powerful, and very expensive, defense it provides to Germany!The allegations of illicit sex, drugs, and rock and roll reminded me of the 60s ... Sure, Broadcom had to take a .2 billion charge to fix the accounting mess left by the company's former executives.
But how does that relate to hiring prostitutes and drugging customers without their knowledge?It has emerged despite all the measures (i.e., new regulations and additional corporate governance mechanisms) aimed at addressing such problems?