Start Corporate governance stock option backdating

Corporate governance stock option backdating

Soodan is Director of the Global Equity Organization’s US Midwest Chapter and is actively involved in the National Association of Stock Plan Professionals. Soodan regularly advises large multinational employers with respect to the global extension of their employee equity compensation programs, including the design, implementation, administration and ongoing tax and regulatory compliance of such programs.

Growing regulatory environment, higher business complexity and increased focus on accountability have led enterprises to pursue a broad range of governance, risk and compliance initiatives across the organization.

However, these initiatives are uncoordinated in an era when risks are interdependent and controls are shared.

Recording the exercise as having occurred on an earlier date when the stock price was lower would minimize the executive's income tax liability, but constitutes tax fraud.