badoo dating girls senegal dakar - Stock option backdating accounting

article, "A Growing Executive Perk: Taxes" (European Edition, December 2005), a study by compensation consulting group Towers Perrin stated that of the 1,000 public companies they tracked, 77% offered gross ups as part of their change in control plans in 2005.

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That is, boards would simply compensate their executives so that any taxes they incurred upon a change in control would be covered.

Over the years, this compensation practice expanded to cover taxes that senior executives incurred on many other sources of income (including perks).

However, the practice of offering gross ups didn't really become popular until the late '90s and early '00s.

That's because employee stock options (ESOs) were the preferred method of lining executives' pockets. Stock options were a form of potentially vast compensation that could be realized over a short period of time - typically a couple of years.

These purchases included New Mexico-based Opnel Jenkins in 1995, San Antonio-based Rayco Homes in 1996, Upland, California-based Colony Homes in 2003.

It also maintained a division in France, which was sold in 2007.

By combing through the fine print you'll find that many companies have taken kindly to the practice of shielding their executives from taxes that most others would have to pay.

KB Home is a homebuilding company based in the United States, founded in 1957 as Kaufman & Broad in Detroit, Michigan.

As part of a promotion, in 1997 the company built a life-sized replica of The Simpsons cartoon home in Henderson, Nevada.

It has since engaged in homebuilding promotions with Martha Stewart (2005), Disney (2008) and the Ellen De Generes Show (2012).

KB Home was founded in Detroit in 1957 by Donald Bruce Kaufman and Eli Broad. It completed an initial public offering in 1986, and from that time was known as Kaufman and Broad Home Corporation until 2001 when its name was shortened to KB Home.

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