In this book, Michael S. Melbinger provides readers with his insight into the effects, advantages, disadvantages, and potential pitfalls of the applicable legal, market and other factors that must be considered when designing, drafting and administering executive compensation programs.

This treatise analyzes federal statutes, court decisions, state laws, accounting standards, stock exchange requirements and government regulations, including the impact of the Sarbanes-Oxley Act and new rules added by the American Creation Act of 2004.