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Biographical Information

Lucian Bebchuk is the William J. Friedman and Alicia Townsend Friedman Professor of Law, Economics, and Finance and Director of the Program on Corporate Governance at Harvard Law School. Bebchuk is also a Research Associate of the National Bureau of Economic Research and Inaugural Fellow of the European Corporate Governance Network.

Trained in both law and economics, Bebchuk holds an LL.M. and S.J.D. from Harvard Law School and an M.A. and a Ph.D. in Economics from the Harvard Economics Department. He joined the Harvard Law School faculty in 1986 as an assistant professor, becoming a full professor two years later.

Bebchuk's research focuses on corporate governance, law and finance, and law and economics. Upon electing him to membership in 2000, the American Academy of Arts and Sciences cited him as "[o]ne of the nation's leading scholars of law and economics," who "has made major contribution to the study of corporate control, governance, and insolvency." Bebchuk has published more than eighty research articles, and his work has appeared in the top academic journals in law, in economics, and in finance. His widely acclaimed book, Pay without Performance: the Unfulfilled Promise of Executive Compensation, co-authored with Jesse Fried, was published in 2004.

Bebchuk has been a frequent contributor to policy-making, practice, and public debates in the corporate governance and financial regulation fields. He has appeared in hearings and roundtables before the Senate Finance Committee, the House of Representatives Committee of Financial Services, and the SEC, as well as served as consultant to publicly traded firms, governmental authorities, and law firms. An author of many op-ed pieces, including in the Wall Street Journal, the New York Times, and the Financial Times, he writes a syndicated monthly column for the international association of newspapers Project Syndicate. He was included in the list of "100 most influential people in finance" of Treasury & Risk Management and the list of "100 most influential players in corporate governance" of Directorship magazine.

Bebchuk served as President of the American Law and Economics Association, chair of the Business Association Section of the American Association of Law Teachers, and head of the NBER’s project on corporate governance. He is a founding director of the Corporate Governance Network, which issues twenty-one electronic journals in different areas of the corporate governance field.