Meet the Professor Who Blew the Whistle on Stock Options Backdating
Over the course of Erik Lie’s career, seemingly small decisions have transformed into defining moments. Everything from leaving his native Norway to study at the University of Oregon, to a squash partner’s nudge that he pursue a career as a finance professor. But it was his choice of a research topic—executive compensation—that led to the most significant moment of all: uncovering one of the most explosive corporate scandals of the 21st century.
Buy Erik's New Book
https://www.amazon.com/gp/product/B0DV4BLF8J?tag=randohouseinc7986-20
Connect with Erik Lie
https://eriklie.com/
https://www.linkedin.com/in/erik-lie-627a7351
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Sources:
Launch the course on EarmarkCPE to get free CPE/CE
Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
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Questions? Need help? Email support@earmarkcpe.com.
CONNECT WITH CALEB
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Sources:
- On the Timing of CEO Stock Option Awards [Management Science]
- Does backdating explain the stock price pattern around executive stock option grants? [Journal of Financial Economics]
- He's Making Hay As CEOs Squirm [BusinessWeek via Wayback Machine]
- Erik Lie [Time 100 via Wayback Machine]
- Backdating Scandal Ends With a Whimper [NYT]
- Erik Lie [Iowa Tippie College of Business]
- Catching Cheats | Everyday Forensics to Unmask Business Fraud [Berret-Koehler]
- Meet the Fraud Professor: Daniel J. Taylor of The Wharton School [OMF]
Creators and Guests

Host
Caleb Newquist
Writer l Content at @GustoHQ | Co-host @ohmyfraud | Founding editor @going_concern | Former @CCDedu prof | @JeffSymphony board member | Trying to pay attention.
