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Executive Pay

A while back, Congress voted to curb soaring compensation for corporate officers by limiting tax deductions. Here's how it went wrong.

By Allan Sloan

Europe gets it just about right by not strictly capping pay but regulating how the payout wends its way to a banker's pocket.

By Michael Scott Moore

Efforts to align the boss and the shareholder prove difficult to master and sometimes create perverse results.

By Michael Haederle