I examine the determinants of executive compensation and corporate investment. First, in the chapter titled “Import Penetration and Executive Compensation”, my findings suggest that import penetration lowers executive compensation. Second, in the chapter titled “Entrenchment, Managerial Shirking, and Investment”, I find that entrenchment reduces corporate investment. Lastly, in the chapter titled “Board Independence and Corporate Spending”, I document that greater board independence mitigates over-investment.