Executive Pay and the Credit Crisis of 2008 (B)

Abstract:     
As the recession lingered on into 2009, the U.S. government sought to limit executive pay and excessive risk. The debate raged over what constituted excessive risk and how best to mitigate it. This case describes the government restrictions on executive pay for TARP recipients and delves into the debate on executive compensation and incentives that encourage excessive risk.

JEL Classifications: J33, G35, M40

Working Paper Series