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Document Type

Article

Abstract

The Author’s interest in executive compensation was sparked by the Delaware Court of Chancery’s decision to rescind the largest executive compensation package in U.S. history, awarded to Elon Musk by Tesla.1 Executive compensation has long been a contentious issue, and despite ongoing debates, efforts to regulate it effectively remain elusive. The process by which executive compensation committees and boards of directors determine these awards—along with their independence, the influence of controlling or dominant stockholders, and the transparency of decision-making— raises important questions about whether meaningful change is occurring or if the system remains fundamentally the same, merely repackaged as “old wine in new bottles.”

Comments

Florence Shu Blankson is a Professor of Law at Nova Southeastern University, Shepard Broad College of Law. She teaches the Business, International, Comparative, and Commercial Law courses. Professor Shu Blankson would like to thank her Research Assistants, Maxwell Baroody and Christian Estes, as well as Dr. Sherly Booth, the College of Law Librarian, who assisted with the initial citations.

Publication Date

12-1-2025

Included in

Law Commons

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