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Manipulative Games of Gifts by Corporate Executives
(2016-02)
Executives use a variety of manipulative games to maximize the value of their gifts, including backdating, spring-loading, bullet-dodging and insider information. We find that executives exploit a legal loophole to backdate ...
Ending Executive Manipulations of Incentive Compensation
(2016-02)
In this article, we analyze whether the manipulation of stock options still continues to
this day. Our evidence shows that executives continue to employ a variety of manipulative devices to increase their compensation, ...