Lucian Bebchuk

For Lucian Bebchuk's latest contributions to The Japan Times, see below:

Mar 23, 2010

Political meddling hurts corporate value

CAMBRIDGE, Mass. — The U.S. Supreme Court recently struck down limits on the freedom of companies to spend money on political elections. Large, publicly traded companies in other countries also often have a loose rein on their use of corporate resources to influence political ...

Jul 22, 2009

Finance firms letting the good times roll again?

CAMBRIDGE, Mass. — Goldman Sachs announced this month plans to provide bonuses at record levels, and there are widespread expectations that bonuses and pay in many other firms will rise substantially this year. Should the good times start rolling again so soon? Not without ...

May 19, 2009

Misguided standards of global governance

CAMBRIDGE, Mass. — In the wake of last year’s global financial meltdown, there is now widespread recognition that inadequate investor protection can significantly affect how stock markets and economies develop, as well as how individual firms perform. The increased focus on improving corporate governance ...