"A company mired in the options backdating scandal is likely to have something in common with other companies caught in the scandal: a director who sits on the board of at least one other implicated company.
That’s the finding of a new study by The Corporate Library, which concludes that “the practice of backdating stock options may have been spread by word of mouth, through the conduit of directors sitting on the boards of more than one company.”"
Saturday, October 21, 2006
Director Ties Linked to Options Scandal - - CFO.com
Director Ties Linked to Options Scandal - - CFO.com: