The boardroom titans of Silicon Valley and Wall Street have met their match in a Norwegian-born finance lecturer from a hitherto obscure business school in America's midwestern cornbelt.
Erik Lie, a professor at the Henry B Tippie college of business in Iowa City, is credited with triggering a scandal over share options which has so far snared more than 60 companies - including Apple, Microsoft and the world's largest DIY retailer, Home Depot.
The companies are facing scrutiny - in some cases, a formal regulatory investigation - over the way they have priced share options for their executives. They are accused of using unorthodox tactics to ensure the maximum possible financial gain for boardroom bosses.
See full Article.
See Professor Erik Lie's page.
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