Bainbridge on Executive Compensation
Prof. Bainbridge comments on the Bebchuk and Fried book about executive compensation. As the first footnote in Chancellor Chandler's recent Disney decision quoted a law review article by Bainbridge on executive compensation, anyone interested in corporate goverance would/should have an interest in his views on the topic.
UPDATE: Bainbridge recently wrote an extensive post discussing whether perks such as use of corporate jets for executives is in the best interest of shareholders, in light of an article in the Wall Street Journal on the topic. Several comments to the post provide opposite views.
