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Should Directors Reduce Executive Pay?
(Hastings Law Journal, 2003)
This paper examines internal pay disparities in American public corporations and argues that wide gaps between the top and bottom of the pay scale can, in certain circumstances, directly and adversely affect firm value, ...
Directors' Duties in a Post-Enron World: Why Language Matters
(Wake Forest Law Review, 2003)
This essay observes that, in the face of corporate scandals of the last few years, a number of prominent advocates for shareholder primacy have retreated to the position that directors and officers should attempt to maximize ...