The impact of the options backdating scandal on shareholders bagongdating com
Week 6 DQ 2 “Leadership and Followership” Please respond to the following: • Analyze the theories on leadership discussed in Chapter 12 to determine which you believe is the most applicable to the greatest number of organizations. • From the video, determine three ways that the lessons regarding leadership (and followership) at Camp Bow Wow can be applied to your current (or future) place of work.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Still, given that (a) backdating helps make earnings look better than they are; and (b) Jobs is a huge shareholder of Apple (10.12 million shares, as of last April), how could he not benefit from this behavior? Jobs recommended some backdating dates for other employees.It turns out that Jobs did, indeed, receive backdated options—just not at his own direction. 18, 2001, when the stock stood at .01, the company gave Jobs a monster 7.5-million-share options grant dated Oct. By doing so, the company gave Jobs million in compensation for which it did not account properly. It also pretended the options grant was approved at a special board meeting, when no such meeting occurred. He received a massive grant that was approved at a phantom board meeting, though he didn't know about the phony meeting.Just so, which midlevel investigator at the Securities and Exchange Commission would have the temerity to recommend to Chairman Christopher Cox that the agency haul the most successful Silicon Valley entrepreneur into court?Which junior federal prosecutor will recommend indicting the guy who smashed the PC monopoly?