When corporate executives decide to secretly backdate stock options, they could be setting up their HR leader to take the fall — a risk HR would be wise to brace for.
By Steven Yahn
When it comes to the complex and, at times, sensitive matter of stock-option grants for top executives, HR can ill afford to trust that everything will be just fine if they let others worry about the details. With the mushrooming of federal probes into questionable options grants — as well as a few high-profile allegations of direct HR involvement in fraudulent cases of options-grants backdating — it’s time to jump in with both feet.
For more see Human Resource Executive Online.
Filed under: Uncategorized | Tagged: Backdating, Business ethics, Corporate compliance, Corporate governance, Ethics, Executive Compensation, Regulatory Compliance, Sarbanes-Oxley, Securities Fraud |
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