This is the first comprehensive examination of the stock option backdating litigation. One reason why it is important to study the stock option backdating litigation is that it was a blend of financial reporting fraud and executive misappropriation of assets. Sometimes the executive...

Executive compensation has been intensely discussed in theory and practice of corporate law. Recently, the discussion has reached the shore of criminal law. The 2008 financial crisis forecasts high profile cases involving this issue. This paper examines Spanish provisions regulating this matter,...

The primary conclusion from prior literature is that firm size, as a measure of firm resources and capacity to pay, is a key predictor of class action securities settlement amount, and the merits of the case are less important in settlement negotiations. The purpose of this study is to shed...