Rachel Hayes and Scott Schaefer of the University of Utah have published CEO Pay and the Lake Wobegon Effect in the Journal of Financial Economics. The central tenet is that every CEO wants to be paid above average because that means the company is performing above average.
CEO Pay and the Lake Wobegon Effect
- Kleptocracy Asset Recovery Initiative
- Weekend Reading: The Skies Belong To Us
- Compliance Bricks and Mortar for October 17
- Don’t Forge Documents You Give to SEC Investigators
- Can an ATM Machine Be a Security?
- Compliance Compensation Survey
- Weekend Reading: Issues Related to State Voter Identification Laws
- Compliance Bricks and Mortar for October 10
- Lawsuit on SEC’s Political Contribution Rule Hits Some Snags
- The SEC Still Hates Intrastate Crowdfunding
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Dodd-Frank’ed Real Estate
The Dodd-Frank law brought many real estate private equity firms into the world of the Investment Advisers Act. These are some key stories on the topic: