Chapter 1
1. Ellig (2002).
2. SEC Regulation S-K details reporting rules for SEC filings. Section 3.5.2, Item 402, covers executive compensation requirements for the 10-K.
3. The top 200 highest paid CEOs for 2012 were compiled in the New York Times, June 25, 2013. See âExecutive Pay by the Numbers,â www.nytimes.com/interactive/2013/06/30/business/executive-compensation-tab. Ellison was at the top. Number 200 was General Motors CEO Daniel Akerson, making a not-so-paltry $11.1 million.
4. âGMI Ratings 2013 CEO Pay Survey Reveals CEO Pay is Still on the Riseâ (2013).
5. See, for example, Jensen and Meckling (1976); Murphy (2012); and Pepper and Gore (2012).
6. Jensen and Murphy (1990a); Jensen and Murphy (1990b).
7. Baker (1938). ...
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