Works co-authored with Alon Brav
Dancing with Activists
Lucian Bebchuk, Alon Brav, Wei Jiang, and Thomas Keusch
137 Journal of Financial Economics, 1-41 (2020)
The Long-Term Effects of Hedge Fund Activism
Alon Brav, Wei Jiang and Lucian Bebchuk
115 Columbia Law Review 1085-1156 (2015).
Wall Street Journal op-ed about the study.
Critiques by Wachtell Lipton: Current Thoughts About Activism, The Bebchuk Syllogism, Empiricism and Experience; Activism and Short-Termism; the Real World of Business.
Responses by Bebchuk, Brav, and Jiang: Don’t Run Away from the Evidence: A Reply to Wachtell Lipton, Still Running Away from the Evidence: A Reply to Wachtell Lipton’s Review of Empirical Work.
Media coverage: Wall Street Journal (Justin Lahart), Wall Street Journal (Gregory Millman), Wall Street Journal (Maxwell Murphy and Emily Chasan), Wall Street Journal (Gregory Millman), Wall Street Journal (Gregory Millman), Wall Street Journal (Dennis K. Berman), WSJ op-ed (Carl Icahn), New York Times DealBook (Steven M. Davidoff), New York Times DealBook (Michael J. de la Merced and Julie Creswell), Harvard Business Review (Justin Fox), Harvard Business Review (Bill George and Jay W. Lorsch), The Economist, The Economist, Bloomberg editorial, Bloomberg View (Matt Levine), Thomson Reuters (James Saft), Thomson Reuters (James Saft), Reuters Breakingviews (video), Reuters Breakingviews (Richard Beales), Time (Rana Foroohar), CNBC (John Carney), CNBC (Lawrence Delevingne), CNBC (Transcript), Fox Business (Matt Egan), Forbes (Robert Lenzner), Fortune (Lauren Silva Laughlin), Globe and Mail (Finn Poschmann), Barron's (Avi Salzman), Haaretz (Eytan Avriel), CFO Magazine (Keith Button), National Law Review, Baseline Scenario (James Kwak), Dealbreaker (Matt Levine), The Conglomerate (David Zaring), The Conglomerate (David Zaring), The Conglomerate (David Zaring), M&A Law Prof Blog (Brian JM Quinn), DealLawyers (Broc Romanek), Laurel Hill (W. J. Catacosinos), CFO Magazine (Keith Button), Berman DeValerio, Kitchener-Waterloo Record (Ryan Lijdsman), IEDP Blog, ValueWalk (Mark Melin).
Pre-Disclosure Accumulations by Activist Investors: Evidence and Policy
Alon Brav, Robert J. Jackson, Jr., Wei Jiang and Lucian Bebchuk
39 Journal of Corporation Law 1-34 (2013).
Media coverage: Wall Street Journal, Dealbreaker.
You can also visit the website of my book:
Pay without Performance: The Unfulfilled Promise of Executive Compensation
(with Jesse Fried)
Harvard University Press
