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The Next Great Backdating Trial

Publication Date: 
December 03, 2007
Financial Week
Carleen Hawn
Professor Michael Klausner is quoted in a Financial Week story about a case involving backdating of stock options:

“This is not a matter of corporate governance. It's a question of whether she committed an act,” said Michael Klausner, the Nancy and Charles Munger Professor of Business and Law at Stanford Law School, and an expert in corporate governance. “When someone has done something directly in violation of the law, on their own, where they are the actors, it's no longer an issue of governance.”