THE NEW DISCLOSURES OF EXECUTIVE PAY |
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| Authors: | MERTON MILLER CHARLES COX RONALD GILSON GREGG JARRELL HANS STOLL |
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| Institution: | 1990 Nobel Laureate in Economics and Robert R. McCormick Distinguished Service Professor at the University of Chicago's Graduate School of Business;formerly Chief Economist as well as Commissioner of the SEC, and now Senior Vice President of Lexecon Inc., an economics consulting firm;Charles J. Meyers Professor of Law and Business at Stanford University and Professor of Law at Columbia University;formerly Chief Economist of the SEC and now Professor of Finance and Economics at the University of Rochester's Simon School of Business;Anne Marie and Thomas B. Walker Professor of Finance, and Director of the Financial Markets Research Center, at Vanderbilt University's Owen Graduate School of Management. |
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| Abstract: | The Shadow SEC, founded three years ago, is a group of prominent Financial economists (and a token economically-oriented lawyer) whose mission is to bring economic analysis to bear on the regulatory policies of the U.S. Securites and Exchange Comminsion, and on Financial market regulation in general. The fire "Commissioners" of the Shadow SEC are: |
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