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This text offers an accessible, comprehensive introduction to executive compensation law, an important legal practice field that also attracts significant political, economic, and social attention. Starting with an in-depth overview of the current economic and political debate over the pay levels of American executives, the text systematically considers the elements of executive compensation regulation, including clear descriptions of threshold tax principles such as Internal Revenue Code Sections 83 and 409A, regulation of options and other stock awards, employment agreements, proxy disclosure and other securities regulatory issues, as well as treatment of specialized areas such as compensation of executives of nonprofit organizations and financial institutions. Chapters are modular to facilitate customized use, and the book is easily adaptable for either a survey or a more detailed, higher-level class, at either the J.D. or LL.M. level.