Bernile, Gennaro & Sulaeman, Johan & Wang, Qin, 2015.
"Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities," NBER Working Papers 17616, National Bureau of Economic Research, Inc. ," CFI Discussion Papers 1603, Centre for Finance and Investment, Heriot Watt University. Evidence from family firms and non-family firms around the Sarbanes–Oxley Act," Review of Quantitative Finance and Accounting, Springer, vol.
Specifically, he shows that the abnormal return pattern retreats when the definition of scheduled grants is tightened to be those that occur within one day of the oneyear anniversary of the prior year s grant date.
Lie s backdating hypothesis could potentially explain the bulk of the abnormal stock return pattern around executive stock option grants.
This section of the website provides information about when claims can be backdated as well as links to HMRC guidance about the backdating process.
The information below was written by the Low Incomes Tax Reform Group.