Lucian Bebchuk

The Committee on Disclosure of Corporate Political Spending, co-chaired by Harvard Law School Professor Lucian A. Bebchuk LL.M. ’80 S.J.D. ’84 and Robert J. Jackson, Jr. ’05, associate professor at Columbia Law School, submitted a rulemaking petition to the Securities and Exchange Commission. The petition urges the commission to develop rules to require public companies to disclose to shareholders the use of corporate resources for political activities.

In its recent annual meeting held in San Diego, the Western Economic Association International elected Harvard Law School Professor Lucian Bebchuk to be its president-elect during 2011-2012.

This year’s list of “Top Ten Corporate and Securities Articles” based on an annual poll of corporate and securities law academics includes six articles authored or co-authored by Harvard Law faculty and fellows. The top ten articles, selected from a field of more than 440 pieces, will be reprinted in an upcoming issue of the Corporate Practice Commentator.

Shareholders could reduce the toxicity of corporate boards’ use of a “poison pill”—a device designed to block shareholders from considering a takeover bid—if they could replace board majorities more quickly, writes Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84 in an op-ed that appeared in the Feb. 24, 2011, edition of the Wall Street Journal.

Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. ‘84, director of the Program on Corporate Governance, was selected as one of 2010’s top 10 “governance stars” by Global Proxy Watch, an international corporate governance newsletter.

In an op-ed for Project Syndicate, "Pricing Corporate Governance," Harvard Law School Professor Lucian Bebchuk discusses how markets price the corporate-governance provisions of companies. He also details his findings from a recent study "Learning and the Disappearing Association between Governance and Returns"  with HLS Visiting Professor of Law Alma Cohen and HLS Lecturer in Law and Economics Charles C.Y. Wang. Bebchuk is director of the Corporate Governance Program at Harvard Law School. He is co-author, with Holger Spamann, of "Regulating Bankers’ Pay."

In an op-ed for Project Syndicate, Harvard Law School Professor Lucian Bebchuk raises questions about the recent U.S. Supreme Court decision in Citizens United v. Federal Election Commission, which grants corporations greater leeway in political spending.

Lucian Bebchuk, Harvard Law School Professor of Law, Economics, and Finance, and Director of the Corporate Governance Program at Harvard Law School, wrote the op-ed "How to pay a banker," which appeared in the July 27 edition of Project Syndicate. It is part of his "Rules of the game" series written for the website.

A recent study, “The Wages of Failure: Executive Compensation at Bear Stearns and Lehman 2000-2008,” by Professor Lucian A. Bebchuk LL.M. ’80 S.J.D. ’84, Visiting Professor Alma Cohen and Lecturer on Law Holger Spamann S.J.D. ’09 refutes the widespread assumption that the wealth of the top executives at Bear Stearns and Lehman Brothers was largely wiped out when their companies collapsed. According to the authors, many have used this account to dismiss the view that pay structures caused excessive risk-taking, but, they say, that standard narrative turns out to be incorrect.

Two years after the government bailout of Bear Stearns set off the first shock wave, the Bulletin interviewed HLS faculty and alumni on what went wrong, on where the greatest dangers remain in our financial system and what to do about them.

“Rating the Raters,” by HLS Professor Lucian Bebchuk LL.M ’80 S.J.D. ’84, appeared in Project Syndicate on May 24, 2010. It is the latest installment of his monthly column for the publication. Bebchuk is a professor of law, economics, and finance, and director of the Program on Corporate Governance at Harvard Law School.

"Paid to Fail," an op-ed co-written by HLS Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84, Visiting Professor Alma Cohen, and Lecturer on Law Holger Spamann S.J.D. ’09 appeared in Project Syndicate on March 18, 2010. It is the latest installment of Professor Bebchuk's monthly column for the syndicate.

“Corporate political speech is bad for shareholders,” an op-ed by HLS Professor Lucian Bebchuk LL.M ’80 S.J.D. ’84, is the latest installment of his monthly column in Project Syndicate.

“The CEO Pay Slice,”  an op-ed co-written by HLS Professor Lucian Bebchuk, appeared in Project Syndicate on January 18, 2010.

HLS Professor Lucian Bebchuk testified before House Financial Services Committee at a hearing entitled “Compensation in the Financial Industry,” on Friday, Jan. 22.

America Is on Trial as Much as Khalid Sheikh Mohammed Professor Alan Dershowitz
The Globe and Mail
Nov. 13, 2009 “The Obama administration has announced…

The op-ed, “Bankers had cashed in before the music stopped,” was co-written by Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84, Visiting Professor Alma Cohen, and Lecturer on Law Holger Spamann S.J.D. ’09. It appeared in the December 7, 2009, edition of the Financial Times.

This op-ed by Harvard Law School Professors Lucian Bebchuk LL.M. ’80 S.J.D ’84. and Jesse Fried, entitled “Taming the Stock Option Game,” appeared in the November 2009 edition of Project Syndicate. This article builds on their study “Equity Compensation for Long-term Performance.” Bebchuk and Fried are co-authors of “Pay without Performance: The Unfulfilled Promise of Executive Compensation.”