NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Lucian A. Bebchuk

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

Working Papers and Chapters

June 2011Staggered Boards and the Wealth of Shareholders: Evidence from Two Natural Experiments
with Alma Cohen, Charles C.Y. Wang: w17127
May 2010Self-Fulfilling Credit Market Freezes
with Itay Goldstein: w16031
April 2010Learning and the Disappearing Association Between Governance and Returns
with Alma Cohen, Charles C.Y. Wang: w15912
March 2010The State of Corporate Governance Research
with Michael S. Weisbach
in Corporate Governance, Michael Weisbach, editor
Investor Protection and Interest Group Politics
with Zvika Neeman
in Corporate Governance, Michael Weisbach, editor
November 2009The State of Corporate Governance Research
with Michael S. Weisbach: w15537
December 2007CEO Centrality
with Martijn Cremers, Urs Peyer: w13701
Investor Protection and Interest Group Politics
with Zvika Neeman: w13702
July 2007Consent and Exchange
with Oren Bar-Gill: w13267
December 2006Lucky Directors
with Yaniv Grinstein, Urs Peyer: w12811
Lucky CEOs
with Yaniv Grinstein, Urs Peyer: w12771
December 2005Executive Pensions
with Robert J. Jackson, Jr.: w11907
Firm Expansion and CEO Pay
with Yaniv Grinstein: w11886
June 2005The Growth of Executive Pay
with Yaniv Grinstein: w11443
September 2004Stealth Compensation Via Retirement Benefits
with Lucian Arye Bebchuk, Jesse M. Fried: w10742
June 2004The Costs of Entrenched Boards
with Alma Cohen: w10587
December 2003Why Firms Adopt Antitakeover Arrangements
w10190
July 2003Executive Compensation as an Agency Problem
with Jesse M. Fried: w9813
December 2002Does the Evidence Favor State Competition in Corporate Law?
with Alma Cohen, Allen Ferrell: w9380
September 2002The Market for Corporate Law
with Oren Bar-Gill, Michal Barzuza: w9156
August 2002Firms' Decisions Where to Incorporate
with Alma Cohen: w9107
July 2002The Case Against Board Veto in Corporate Takeovers
w9078
Managerial Power and Rent Extraction in the Design of Executive Compensation
with Jesse M. Fried, David I. Walker: w9068
May 2002The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence and Policy
with John C. Coates IV, Guhan Subramanian: w8974
January 2002Optimal Defaults for Corporate Law Evolution
with Assaf Hamdani: w8703
December 2001Executive Compensation in America: Optimal Contracting or Extraction of Rents?
with Jesse M. Fried, David I. Walker: w8661
Takeover bids vs. Proxy Fights in Contests for Corporate Control
with Oliver Hart: w8633
July 2001Ex Ante Costs of Violating Absolute Priority in Bankruptcy
w8388
May 2001A New Approach to Valuing Secured Claims in Bankruptcy
with Jesse M. Fried: w8276
April 2001Pre-Contractual Reliance
with Omri Ben-Shahar: w8235
March 2001A New Approach to Takeover Law and Regulatory Competition
with Allen Ferrell: w8148
January 2001The Overlooked Corporate Finance Problems of a Microsoft Breakup
with David I. Walker: w8089
June 2000Federalism and Takeover Law: The Race to Protect Managers from Takeovers
with Allen Ferrell: w7232
May 2000The Effect of Offer-of-Settlement Rules on the Terms of Settlement
with Howard F. Chang: w6509
April 2000Managerial Value Diversion and Shareholder Wealth
with Christine Jolls: w6919
March 2000An Economic Analysis of Transnational Bankruptcies
with Andrew T. Guzman: w6521
Using Options to Divide Value in Corporate Bankruptcy
w7614
January 2000Ownership Structures and the Decision to Go Public: Private versus Social Optimality
with Luigi Zingales
in Concentrated Corporate Ownership, Randall K. Morck, editor
Stock Pyramids, Cross-Ownership, and Dual Class Equity: The Mechanisms and Agency Costs of Separating Control from Cash-Flow Rights
with Reinier Kraakman, George Triantis
in Concentrated Corporate Ownership, Randall K. Morck, editor
July 1999A Rent-Protection Theory of Corporate Ownership and Control
w7203
May 1999Reconsidering Contractual Liability and the Incentive to Reveal Information
with Steven Shavell: w7106
February 1999The 'Lemons Effect' in Corporate Freeze-Outs
with Marcel Kahan: w6938
Stock Pyramids, Cross-Ownership, and the Dual Class Equity: The Creation and Agency Costs of Seperating Control from Cash Flow Rights
with Reinier Kraakman, George Triantis: w6951
March 1998The Uneasy Case for the Priority of Secured Claims in Bankruptcy: Further Thoughts and a Reply to Critics
with Jesse Fried: w6472
Chapter 11
w6473
Negative Expected Value Suits
w6474
May 1996Corporate Ownership Structures: Private versus Social Optimality
with Luigi Zingales: w5584
July 1994Efficient and Inefficient Sales of Corporate Control
w4788
May 1994Do Short-Term Managerial Objectives Lead to Under- or Over-Investment in Long-Term Projects
with Lars A. Stole: t0098
An Analysis of Fee-Shifting Based on the Margin of Victory: On FrivolousSuits, Meritorious Suits and the Role of Rule 11
with Howard F. Chang: w4731
May 1992Optimal Sanctions When the Probability of Apprehension Varies Among Individuals
with Louis Kaplow: w4078
Optimal Sanctions When Individuals are Imperfectly Informed About the Probability of Apprehension
with Louis Kaplow: w4079
May 1991Information and the Scope of Liability for Breach of Contract: The Rule of Hadley V. Baxendale
with Steven Shavell: w3696
February 1991The Effect of Insider Trading on Insiders' Reaction to Opportunities to "Waste" Corporate Value
with Chaim Fershtman: t0095
The Effects of Insider Trading on Insiders' Choice Among Risky Investment Projects
with Chaim Fershtman: t0096
Bargaining and the Division of Value in Corporate Reorganization
with Howard F. Chang: t0097
February 1988Takeover Bids below the Expected Value of Minority Shares
w2524
1987Suing Solely to Extract a Settlement Offer
w2161

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us