The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Tue, 26 May 2026 19:09:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Bebchuk Wins Debate about the Contribution of Executive Pay to the Financial Crisis – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Bebchuk Wins Debate about the Contribution of Executive Pay to the Financial Crisis https://corpgov.law.harvard.edu/2012/02/21/bebchuk-wins-debate-about-the-contribution-of-executive-pay-to-the-financial-crisis/?utm_source=rss&utm_medium=rss&utm_campaign=bebchuk-wins-debate-about-the-contribution-of-executive-pay-to-the-financial-crisis https://corpgov.law.harvard.edu/2012/02/21/bebchuk-wins-debate-about-the-contribution-of-executive-pay-to-the-financial-crisis/#comments Tue, 21 Feb 2012 14:35:50 +0000 http://blogs.law.harvard.edu/corpgov/?p=26348?d=20120221093550EST Over the past two weeks, Lucian Bebchuk and René Stulz engaged in an online debate on the question: Has Executive Compensation Contributed to the Financial Crisis? Bebchuk supported a “yes” answer, and Stulz argued for a “no” answer. The debate, which was hosted by the World Bank’s All about Finance blog, was followed by a poll in which readers cast their votes. The votes are now in, and 79.9% of the votes were cast in support of the position supported by Bebchuk.

The opening statements by Bebchuk and Stulz are available here and here. The second-round responses by Bebchuk and Stulz are available here and here. The results of the readers’ poll are available here.

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