Executive pay regulation is widely discussed as a measure to reduce financial mismanagement in corporations. We show that the professional team sports industry, the only industry with substantial experience in the regulation of compensation arrangements, provides valuable insights for the...

In this paper, we examine how the number of African American and White American coaches in college basketball evolved since 1947. Particularly, we focus on 1973 when the league split up. The separation created asymmetric regulatory requirements. This led to a significant difference in the number...