Executive Compensation at Lehman Brothers

8,00 $50,00 $

CASE STUDY. This case studies executive compensation at Lehman Brothers prior to the investment bank’s bankruptcy, in 2008, which played a key role in the worst global financial crisis in 70 years.

Effacer

Pour acheter une License d'enseignement, vous devez vous enregistrer et être approuvé par notre administration.

Description

Executive Compensation at Lehman Brothers: Abstract

This case studies executive compensation at Lehman Brothers prior to the investment bank’s bankruptcy, in 2008, which played a key role in the worst global financial crisis in 70 years. Using information on the compensation of top executives at Lehman Brothers, the objective is to determine whether key decision-makers had incentives to take excessive risks, or whether their incentives were largely aligned with those of the bank’s shareholders.

Teaching objectives

The objective is to determine whether key decision-makers at a leading financial institution had incentives to take excessive risks, or whether their incentives were largely aligned with those of the bank’s shareholders.

Main themes covered

  • Governance
  • Incentives
  • Executive compensation
  • Principal-agent problem
  • Risk taking
  • Bank regulation
  • Financial stability

Concepts and theories related to the case

  • Executive compensation
  • Risk taking
  • Incentives
  • Principal-agent problem
  • Financial stability

Additional information

Teaching notes are available for teachers only. Contact the HEC Montréal Case Centre for more information.

Informations complémentaires

Année

Éditeur

Format

Industrie

Institution

Langue

Licence

,

Nombre de pages

Notes pédagogiques

Numéro centre de cas

Range de pages

Taille

Product Type