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Pay without Performance: The Unfulfilled Promise of Executive Compensation (with Lucian Bebchuk) Harvard University Press, November 2004

Purchase this book Book website Reviews of the book Book description Preface and introduction

Articles and Working Papers  

Pay without Performance: Overview, Commercial Law Review, Volume 13 (2007) (in Chinese)
Article

Deviations from Contractual Priority in the Sale of VC-Backed Firms, (working paper with B. Broughman, 2007)
Article

Advance Disclosure of Managers' Stock Trades: A Proposal to Improve Executive Compensation, 3 The Economists' Voice, Issue 8 (October 2006)
Article

Agency Costs of Venture Capitalist Control in Startups, 81 N.Y.U.L.Rev. 967-1025 (2006) (with M. Ganor)
Article

Informed Trading and False Signaling with Open Market Repurchases, 93 Cal. L. Rev. 1323-1386 (2005)
Article

Pay without Performance: Overview of the Issues, 30 J. Corp. L. 647-673 (2005) (with L. Bebchuk)
Article

Executive Compensation at Fannie Mae: A Case Study of Perverse Incentives, Nonperformance Pay, and Camouflage, 30 J. Corp. L. 807-822 (2005) (with L. Bebchuk)
Article

Stealth Compensation via Retirement Benefits,1 Berkeley Business L. J. 291-326 (2004) (with L. Bebchuk)
Article
Noted in Business Week

Executive Compensation as an Agency Problem, 17 J. Econ. Persp. 71-92 (2003) (with L. Bebchuk)
Article

Insider Abstention, 113 Yale L. J. 455-492 (2003)
Article

Power, Rent Extraction, and Executive Compensation,
CESifo Forum 3/2002 (2002) (with L. Bebchuk)
Article

Managers' Fiduciary Duty Upon the Firm's Insolvency: Accounting for Performance Creditors, 55 Vand. L. Rev. 1813-1844 (2002) (with A. Chaver)
Article

Managerial Power and Rent Extraction in the Design of Executive
Compensation, 69 U. Chi. L. Rev. 751-846 (2002) (with L. Bebchuk & D. Walker)
Article

Open Market Share Repurchases: Signaling or Managerial Opportunism?,
2 Theoretical Inquiries in Law 865-894 (2001)
Article

A New Approach to Valuing Secured Claims in Bankruptcy,
114 Harv. L. Rev. 2386-2436 (2001) (with L. Bebchuk)
Article

Insider Signaling and Insider Trading with Repurchase Tender Offers, 67 U. Chi. L. Rev. 421-477 (2000)
Article

Reducing the Profitability of Corporate Insider Trading Through Pretrading Disclosure, 71 S. Cal. L. Rev. 303-392 (1998)
Article

Taking the Economic Costs of Priority Seriously, 51 Q. Rep. 328-334 (1997)
Article

The Uneasy Case for the Priority of Secured Claims in Bankruptcy: Further Thoughts and a Reply to Critics, 82 Cornell L. Rev. 1279-1348 (1997) (with L. Bebchuk)
Article

Concentration in the Israeli Economy and Bank Investment in Nonfinancial Companies, Econ. Q., Anno 43, No. 4 (1996) (in Hebrew) (with L. Bebchuk and L. Kaplow)
Article

Executory Contracts and Performance Decisions in Bankruptcy,
46 Duke L. J. 517-574 (1996)
Article

The Uneasy Case for the Priority of Secured Claims in Bankruptcy,
105 Yale L.J. 857-934 (1996) (with L. Bebchuk)
Article