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Answer the following in a well detailed post: Comment on the ethics of backdating stock options. Summarize the best and most authoritative literature you can

Answer the following in a well detailed post:

Comment on the ethics of backdating stock options. Summarize the best and most authoritative literature you can find on this subject. Do you believe that either the backdating or the repricing, or the combination of backdating and repricing at the same time, constitutes an act of fraud? Why or why not? Be specific.

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