Faulkender, Michael; Kadyrzhanova, Dalida; Prabhala, N.; … - In: Journal of Applied Corporate Finance 22 (2010) 1, pp. 107-118
Two landmark episodes of the last decade, the 2001 dot-com crisis and the 2008 bursting of the housing bubble, have drawn attention to the size and structure of executive pay plans and their possible role in propagating or worsening the crises. In this policy-oriented piece, the authors discuss...