Category Archives: Corporate Governance

Can Tax Regulation Curb Excessive Executive Pay?

By | August 7, 2019

Courtesy of Tobias Bornemann, Martin Jacob, and Mariana Sailer For at least two decades, executive compensation has been widely discussed in public policy. Debates about inequality, risk-taking behavior, and excessiveness led to policy interventions – often by means of tax instruments – intending to control executive compensation. For example, back in 1993, the U.S. introduced… Read More »

Can Corporate Governance Prevent Future Financial Crises?

By | June 14, 2019

Courtesy of Dina El Mahdy  Over a decade ago, the US market and global economy experienced a financial crisis that erased $8 trillion in stock market wealth and led to unprecedent government intervention in financial markets. This crisis was preceded, less than ten years prior, by the dot-com bubble, which saw several companies fail due… Read More »