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The Motive for a CEO to Backdate Options Is That

question 65

True/False

The motive for a CEO to backdate options is that it allowed them to exercise the options at a lower exercise price.


Definitions:

Engaged Followership Model

A conceptual framework describing followers who actively participate, think critically, and engage in the leadership process.

Social Dominance Orientation

A personality trait indicating an individual's preference for hierarchy in social settings and dominance over lower-status groups.

Agentic State

Describes a psychological condition in which individuals see themselves as agents executing orders, often leading to reduced responsibility for their actions.

Fundamental Attribution Error

A cognitive bias in which people tend to attribute others' behaviors to their personality or character, rather than to external factors.

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