At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Find reliable answers to your questions from a wide community of knowledgeable experts on our user-friendly Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
Backdating is when the effective dates on stock options were deliberately changed for the purpose of securing extra pay for management.
Backdating is the practice of amending the date of a contract, a legal document, or a cheque to a preceding date. changing the date on this sort of record to misrepresent any data makes this practice unlawful in some cases.
Backdating is the practice of marking a cheque, settlement, or other legally binding settlement with a date this is prior to the contemporary date. Backdating is typically no longer allowed and even can be illegal or fraudulent in a few conditions.
And public organizations responsible for backdating may additionally violate federal securities disclosure and reporting necessities, exposing themselves to regulatory or criminal investigations as well as securities fraud litigation. If you decide to award backdated stock options, touch us about a way to do it in the right manner.
Learn more about contract here https://brainly.com/question/5746834
#SPJ4
Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.
