A Trio of Academic Papers for the Real World
Compliance Week › Vol. 6 Nbr. 70, November 2009
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Summary
The other big reform pending in Washington is, of course, the proposal to expand "Say on Pay" advisory votes on the compensation report to all listed companies, not just those which have benefited from Federal emergency stabilization funds. In "Shareholder Activism and CEO Pay," Ertimur, Ferri, and Musiu suggest that institutional investors can affect, and have affected, CEO compensation.
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A Trio of Academic Papers for the Real World
We both live in two worlds: The workaday reality of investing, and the sometimes-rarified air of academia. Often those two realities are disjointed, existing separate and apart as if they were different dimensions in a science fiction novel. But every once in a while we're struck by a little-noticed academic paper that offers insights both timely and important t...
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