THE NEW DISCLOSURES OF EXECUTIVE PAY

Merton Miller, Charles Cox, Ronald Gilson, Gregg Jarrell and Hans Stoll

Journal of Applied Corporate Finance, 1993, vol. 5, issue 4, 62-75

Abstract: The Shadow SEC, founded three years ago, is a group of prominent Financial economists (and a token economically‐oriented lawyer) whose mission is to bring economic analysis to bear on the regulatory policies of the U.S. Securites and Exchange Comminsion, and on Financial market regulation in general. The fire “Commissioners” of the Shadow SEC are:

Date: 1993
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