June 21, 2022, Opinion: "During the four decades since the E&F writings started to appear, my work has largely focused on the economics of corporate governance. In the course of this work, I paid significant attention to E&F’s writings. Indeed, a significant part of my research in the economics of corporate governance focused on issues also considered by E&F, engaged with their positions, and developed approaches different from theirs. The essay discusses these points in the context of five areas of corporate research that both E&F and I examined, offering substantially different conclusions:"
Non-HKS Harvard Faculty Website - Lucian Bebchuk