The Executive Compensation Controversy - Fondazione Rodolfo ...

THE EXECUTIVE COMPENSATION CONTROVERSY: 24 MAY 2010A TRANSATLANTIC ANALYSISMurphy, Kevin J., 2011b, The Politics of Pay, in Jennifer Hill, and Randall S. Thomas, eds.:The Research Handbook on Executive Pay (Edgar Elgar).Murphy, Kevin J., and Jan Zábojník, 2007, Managerial Capital and the Market for CEOs,USC Working paper.Muslu, Volkan, 2008, Inside Board Membership, Pay Disclosures and IncentiveCompensation in Europe, (University of Texas at Dallas).O'Brian, Heather, 1998, “Italian Companies Begin to Provide Stock Options, Details ofFinancial Data,” Wall Street Journal (May 29).“Options on the Wane: Fewer Firms Plan Sale of Stock to Executives at Fixed ExercisePrices,” 1960, Wall Street Journal (December 6).Piskorski, Tomasz, Amit Seru, and Vikrant Vig, 2010, Securitization and Distressed LoanRenegotiation: Evidence from the Subprime Mortgage Crisis, (Columbia Unversity).“Politics and Policy—Campaign ’92: From Quayle to Clinton, Politicians are Pouncing onthe Hot Issue of Top Executive’s Hefty Salaries,” 1992, Wall Street Journal (January15).“President Studies High Salary Curb: Tax Power is Urged as Means of Controlling Stipendsin Big Industries,” 1933, New York Times (October 23).“Railroad Salary Report: I.C.C. Asks Class 1 Roads About Jobs Paying More Than $10,000 aYear,” 1932, Wall Street Journal (April 28).“RFC Fixed Pay Limits: Cuts Required to Obtain Loans,” 1933, Los Angeles Times (May29).Ricklefs, Roger, 1975, “Sweetening the Pot: Stock Options Allure Fades, So Firms SeekDifferent Incentives,” Wall Street Journal (May 27).Ricklefs, Roger, 1977, “Firms Offer Packages of Long-Term Incentives as Stock Options GoSour for Some Executives,” Wall Street Journal (May 9).Ricklefs, Roger, 1984, “Changing Course: French Voters Prod Socialist Leadership To VeerRight Sharply --- Government Reduces Taxes, Advocates Stock Options; Impetus:Unemployment --- Virtues of Private Enterprise,” Wall Street Journal (September26).RiskMetrics, 2009. Study On Monitoring And Enforcement Practices In CorporateGovernance In The Member States.Robbins, L. H., 1933, “Inquiry into High Salaries Pressed by the Government,” New YorkTimes (October 29).-136-