Executive Compensation in Imperfect Financial Markets

Executive Compensation in Imperfect Financial Markets

Cullen, Jay T.

Edward Elgar Publishing Ltd

10/2014

264

Dura

Inglês

9781782549284

15 a 20 dias

The recent financial crisis and associated real estate bubble demonstrated the damage that can be caused by imperfect financial market pricing.
Contents: 1. Introduction 2. An Analysis of the Role of Executive Compensation 3. Theories of Securities Market Operation: Principles and Flaws 4. Minsky and the Financial Instability Hypothesis: Implications for Market Efficiency 5. The Global Financial Crisis and the Complex Relationship between Asset Prices, Leverage, and Financial Instability 6. Post-Crisis Reform to Executive Compensation at Financial Institutions 7. Reconstituting Executive Compensation at Financial Institutions: Proposals for Reform 8. Conclusions Index
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