Lie: Scandal's Impact On Companies Limited
Bookmark & ShareApril 5, 2007
So far, most of the companies that have been caught up in the options scandals have not seen major damage to their reputations or share values, University of Iowa business professor ERIK LIE told the E-Commerce Times. Even with the list of companies known to be looking into backdating growing, the vast majority of those who engaged the practice will never have it come to light, Lie predicted. "We will never see the full iceberg," he said. More than 20 percent of all options granted between 1996 and mid-2002 were likely backdated, Lie noted.
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