Taxes and Executive Pay: Evidence from Nonqualified Deferred Compensation

This paper is based on the author’s dissertation completed at the University of Rochester. The author thanks the thesis committee, Shane Heitzman, Joanna Wu, and especially Jerry Zimmerman (Chairman) for continuous guidance and support; and Shivaram Rajgopal (department editor), Suraj Srinivasan (department editor), an anonymous associate editor, two anonymous reviewers, Jennifer Blouin, Mary Ellen Carter, Qiang Cheng, John Core, Mark Defond, Alex Edmans, David Erkens, Joseph Gerakos, Zhaoyang Gu, Gustavo Grullon, Rachel Hayes, Alan Jagolinzer, Bjorn Jorgensen, Ron Kaniel, Bin Ke, Mo Khan, Joseph Piotroski, K. Ramesh, Sugata Roychowdhury, Terry Shevlin, Bill Schwert, Jerry Warner, and seminar participants at Boston College, Chinese University of Hong Kong, Hong Kong University of Science and Technology, National University of Singapore, Rice University, University of Hong Kong, and University of Rochester for helpful comments and suggestions.