Backdating of Stock Options Is Unethical Because

question 4

Multiple Choice

Backdating of stock options is unethical because:

• A) It favors top executives over other company employees with respect to the number of options
• B) It purposefully manipulates the option criteria that determine their value
• C) It changes the exercise price on options to benefit top executives
• D) It changes the exercise date on options to benefit top executives

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Definitions:

Referent Power

A type of influence capability based on the charisma and appeal of the leader which inspires others.

Walmart

A global retail giant based in the US that runs a series of massive supercenters, budget-friendly department outlets, and supermarkets.

Bathroom Cleaners

Products specifically formulated to clean, disinfect, and deodorize bathrooms, tackling various surfaces such as toilets, tiles, and sinks.

Reward Power

The ability to influence others' behavior by offering positive incentives or rewards.