The Executive Compensation Controversy - Fondazione Rodolfo ...

More documents

Recommendations

Info

THE EXECUTIVE COMPENSATION CONTROVERSY: 24 MAY 2010A TRANSATLANTIC ANALYSISRosen, Sherwin, 1981, The Economics of Superstars, American Economic Review 71, 845-858.Rosen, Sherwin, 1982, Authority, Control, and the Distribution of Earnings, Bell Journal ofEconomics 13, 311-323.Rosen, Sherwin, 1992, Contracts and the market for executives, in L. Werin, and H.Wijkander, eds.: Contract Economics (Oxford University Press).Rudnitsky, Howard, and Richard Green, 1985, “Options Are Free, Aren’t They?,” Forbes(August 26).Salvatore, Salvatore di, 2000, “Taxation Of Stock Options - A Summary Of LatestDevelopments - Graham & James,” Mondaq Business Briefing (March 1).Scannell, Kara, Liz Rappaport, and Jess Bravin, 2009, “Judge Tosses Out Bonus Deal ---SEC Pact With BofA Over Merrill Is Slammed; New York Weighs Charges AgainstLewis,” Wall Street Journal (September 15).“SEC to Push for Data on Pay of Executives,” 1992, Wall Street Journal (January 21).“Senate Unit Votes to Tighten Rules on Stock Options,” 1964, (January 15).“Share Options: Employees shares fillip,” 1984, Guardian (March 14).“Shareholder Groups Cheer SEC’s Moves on Disclosure of Executive Compensation,” 1992,Wall Street Journal (February 14).Siconolfi, Michael, 1992, “Wall Street is upset by Clinton’s support on ending tax break for‘excessive’ pay,” Wall Street Journal (October 21).Simensen, Ivar, 2006, “Debate Over Remuneration Has Led To Changes In GermanCorporate Governance,” Financial Times (October 23).Smith, Geoffrey T., 2009, “Germany's BaFin Clamps Down On Bank Risk Mgmt, Bonuses,”Dow Jones International News (August 14).Stanton, Ted, 1964, “Cash Comeback: Stock Options Begin to Lose Favor in Wake of TaxLaw Revision,” Wall Street Journal (August 10).Stewart, G. Bennett, 1990, Remaking the Corporation from Within, Harvard BusinessReview 68, 126-137.Stewart, G. Bennett, 1991. The Quest for Value: A Guide for Senior Managers (HarperBusiness, New York).Story, Louise, 2008, “Chief Struggles to Revive Merrill Lynch,” New York Times (July 18).“Sweden central bank chief: banking bonuses need to change,” Reuters News (September 3).-137-
THE EXECUTIVE COMPENSATION CONTROVERSY: 24 MAY 2010A TRANSATLANTIC ANALYSISTaylor, John B., 2009, The Financial Crisis and the Policy Responses: An Empirical Analysisof What Went Wrong, Rock Center Working Paper No. 30 (Stanford University).Thomas, Randall S., 2008, International Executive Pay: Current Practices and Future Trends,(Vanderbilt University Law School).Turner, Adair, 2010, After the Crises: Assessing the Costs and Benefits of FinancialLiberalisation, 14th Chintaman Deshmukh Memorial Lecture, Reserve Bank of India,Mumbai.“UBS to change to the way it pays senior managers,” 2008, Associated Press Newswires(November 17).“UK joins issue with France on bonus issue,” 2009, Global Banking News (August 26).“Unicredit: New Salary Regulations Already Implemented,” 2009, ANSA - EnglishCorporate News ServiceWerdel, Alyce, and Valerie Diamond, 2002, “Navigating stock options in Europe,”Workspan (August 1).White, Michael, and Mark Milner, 1995, “Anger over utility chiefs' £40m share bonanza,”Guardian (May 15).Wilson, Harry, 2009a, “Financial News: Unicredit pulls bonuses at its investment bank,”Wall Street Journal Europe (March 9).Wilson, James, 2009b, “German banks set to speed up pay reform,” Financial Times(December 10).Woodruff, David, 2000, “A Vanishing European Taboo: Disclosing Executives Pay --- Goalof Single Market, Pressure Abroad Help; Response Is Unexcited,” Wall StreetJournal (September 11).Yermack, David, 1995, Do Corporations Award CEO Stock Options Effectively>, Journal ofFinancial Economics 39, 237-269.Yermack, David, 1997, Good timing: CEO stock option awards and company newsannouncements, Journal of Finance 52, 449-476.Yermack, David, 2006a, Flights of Fancy: Corporate Jets, CEO Perquisites, and InferiorShareholder Returns, Journal of Financial Economics 80.Yermack, David, 2006b, Golden Handshakes: Separation Pay for Retired and DismissedCEOs, Journal of Accounting and Economics 41, 237-256.Yermack, David, 2009, Deductio Ad Absurdum: CEOs Donating Their Own Stock to TheirOwn Family Foundations, Journal of Financial Economics 94.-138-
Page 2:
1. INTRODUCTION 12. A PRIMER ON EXE
Page 5 and 6:
THE EXECUTIVE COMPENSATION CONTROVE
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
Page 13 and 14:
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90: THE EXECUTIVE COMPENSATION CONTROVE
Page 139: THE EXECUTIVE COMPENSATION CONTROVE
show all

The Executive Compensation Controversy - Fondazione Rodolfo ...

Create successful ePaper yourself

Delete template?

Save as template?