Can Tax Regulation Curb Excessive Executive Pay?

Courtesy of Tobias Bornemann, Martin Jacob, and Mariana Sailer For at least two decades, executive compensation has been widely discussed in public policy. Debates about inequality, risk-taking behavior, and excessiveness led to policy interventions – often by means of tax instruments – intending to control executive compensation. For example, back in 1993, the U.S. introduced […]