Wednesday, August 20, 2014

Lucian Bebchuk

Lucian Bebchuk, Professor of Law, Economics, and Finance, and Director of the Corporate Governance Program at Harvard Law School, is co-author, with Holger Spamann, of Regulating Bankers’ Pay.

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Newsart for How to Pay a Banker
Business & Finance 0

How to Pay a Banker

It is now widely accepted that it is important to reward bankers for long-term results, because tying their compensation to short-term returns encourages them to take excessive risks. But tying… read more

Newsart for Rating the Raters
Business & Finance 0

Rating the Raters

Credit rating agencies play a crucial role in modern capital markets, but they completely failed in the years preceding the financial crisis. And the problem hasn’t gone away: as long as issuers of… read more

Newsart for Paid to Fail
Business & Finance 0

Paid to Fail

In a report just filed with the US court that is overseeing the bankruptcy of Lehman Brothers, a court-appointed examiner described how the firms' executives deliberately pursued an aggressive… read more

Newsart for The CEO Pay Slice
Business & Finance 0

The CEO Pay Slice

There is now intense debate about how the pay levels of top executives compare with the compensation given to rank-and-file employees. But, while such comparisons can tell us much about the dynamics… read more

Newsart for Who Should Be Bailed Out?
Business & Finance 0

Who Should Be Bailed Out?

As governments around the world develop policies to deal with failing financial institutions, they should be sure to pick their beneficiaries wisely. In particular, they should study and avoid the… read more

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