1. Lucian A. Bebchuk, a Fellow of the American Academy since 2000, 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. He is a Research Associate of the National Bureau of Economic Research and an Inaugural Fellow of the European Corporate Governance Institute. His publications include Pay without Performance: The Unfulfilled Promise of Executive Compensation (with Jesse Fried, 2004)....