Publications
Publications
- October 2008 (Revised June 2010)
- HBS Case Collection
Executive Pay and the Credit Crisis of 2008 (A)
By: V.G. Narayanan, Fabrizio Ferri and Lisa Brem
Abstract
The credit crisis of 2008 placed compensation practices at publicly traded firms in the United States under scrutiny. This case examines perceived excessive pay and severance packages at several firms implicated in the credit crisis of 2008, the executive compensation provisions in the Emergency Economic Stabilization Act, and discusses the implications for compensation committees at public companies.
Keywords
Financial Crisis; Governing and Advisory Boards; Government Legislation; Executive Compensation; United States
Citation
Narayanan, V.G., Fabrizio Ferri, and Lisa Brem. "Executive Pay and the Credit Crisis of 2008 (A)." Harvard Business School Case 109-036, October 2008. (Revised June 2010.)