Book Description:
Criticism that the compensation awarded to senior executives of publicly traded U.S. firms is excessive has a long, albeit somewhat cyclical history. The current financial crisis and public outrage over the size of executive pay packages, particularly bonuses, paid to senior management (and in some cases also to junior employees) of participants in the Troubled Asset Relief Program (TARP) have resulted in a renewed focus on executive pay and corporate governance. The scrutiny also involved widely held concerns that financial firm pay packages encouraged the kinds of reckless risk taking that many believe was at the center of the financial crisis. This book explores the "say on pay" initiatives, corporate governance reforms, and other executive compensation issues.
(Imprint: Novinka)

We’ve partnered with Copyright Clearance Center to make it easy for you to request permissions to reuse Nova content.
For more information, click here or click the "Get Permission" button below to link directly to this book on Copyright Clearance Center's website.

Table of Contents:
Preface

"Say on Pay" and other Corporate Governance Reform Initiatives;pp. 1-35
(Gary Shorter)

Executive Compensation Limits in Selected Federal Laws;pp. 37-60
(Michael V. Seitzinger, Carol A. Pettit)

Executive Compensation: SEC Regulations and Congressional Proposals;pp. 61-73
(Michael V. Seitzinger)

Opening Statement of Chairman Edolphus Towns, before the House Committee on Oversight and Government Reform, Hearing on "Executive Compensation: How Much is Too Much?";pp. 75-77

Testimony of Kenneth R. Feinberg, Special Master for TARP Executive Compensation, before the House Committee on Oversight and Government Reform, Hearing on "Executive Compensation: How Much is Too Much?";pp. 79-85

Testimony of William K. Black, Associate Professor of Economics and Law, University of Missouri-Kansas City, before the House Committee on Oversight and Government Reform, Hearing on "Executive Compensation: How Much is Too Much?";pp. 87-108

Testimony of Russell Roberts, Professor of Economics, George Mason University, before the House Committee on Oversight and Government Reform, Hearing on "Executive Compensation: How Much is Too Much?";pp. 109-112

Special Master Issues 2010 Rulings for "Top 25" Executives at Firms Receiving Exceptional Taxpayer Assistance and "Look Back" Letter on Review of Pre-Recovery Act Compensation;pp. 113-117
(U.S. Treasury Department, Office of Public Affairs)

Chapter Sources pp.119-120

Index pp.121-125