- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
- |
Unintended Consequences of Executive Compensation Regulation Threatens to Worsen the Financial Crisis
Currently, there are several compensation initiatives underway, in a bid to curb some perceived excesses on Wall Street. However, even with the best intentions, compensation regulation risks
Currently, there are several compensation initiatives underway, in a bid to curb some perceived excesses on Wall Street. However, even with the best intentions, compensation regulation risks unintended consequences including limiting banks in their competition for top talent. This testimony raises some potential unintended consequences that may result from the proposed compensation initiatives.