Executive Pay and the Credit Crisis of 2008
Posted: 2 Aug 2009
Date Written: June 26, 2009
Abstract
The credit crisis of 2008 placed compensation practices at publicly traded firms in the United States under scrutiny. This case examines perceived excessive pay and severance packages at several firms implicated in the credit crisis of 2008, the executive compensation provisions in the Emergency Economic Stabilization Act, and discusses the implications for compensation committees at public companies.
JEL Classification: J33, G35, M40
Suggested Citation: Suggested Citation
Narayanan, V. G. and Ferri, Fabrizio and Brem, Lisa, Executive Pay and the Credit Crisis of 2008 (June 26, 2009). HBS Case No. 109-036. Available at SSRN: https://ssrn.com/abstract=1441905
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