An under-studied phenomenon: to what extent is higher CEO pay a result of the increased frequency with which prosecutors destroy the lives of CEOs by criminalizing unsuccessful business decisions or arbitrarily retroactively selectively criminalizing common business practices (compare Broadcom and Apple on question of options backdating)? Economic theory would predict that increased chances of having your wealth stripped and being sent to prison for years would require higher compensation ex ante. After Larry Ribstein's death, I'm not aware of anyone considering this at all. Today's DOJ has been surprisingly restrained in not prosecuting executives for foolish investments in the real estate bubble, and are largely being criticized, rather than praised, for their forebearance. Which academic is on the criminalization-of-risk beat these days?
Overcriminalization and CEO pay
- Why does FDA keep drugmakers from informing doctors?
- More on Caronia
- Abuse of Computer Fraud and Abuse Act
- Overcriminalization sale on Amazon
- Overcriminalization videos
- Partners in Crime: Overcriminalization and Overfederalization
- Gibson Guitars settles
- Single Oxycontin pill = ruined life
- Is This What We Shipped For? US Government's Pursuit of Marine Biologist Nancy Black Continues
- Overcriminalization, the comic
- Gibson Guitar CEO on overcriminalizing businesses
- Greg Conko: GSK to pay $3 billion; FDA's "debarment trap" strikes again
- Manhattan Institute Event: Overcriminalizing the Empire State?
- James Copland on overcriminalization: NY prosecutors have too much power
Center for Legal Policy at the