Myron Scholes Global Markets Forum

December 2, 2009, 5:30 - 7 p.m.

Should Executive Pay Be Regulated?

Steven N. Kaplan discussed (1) whether CEO pay is out of control; (2) the role of pay at banks and financial firms in the financial crisis; and (3) whether proposed new regulations and caps make sense.

This event was part of the Initiative on Global Markets and is generously sponsored by Myron Scholes.

The Initiative also receives financial support from the Chicago Mercantile Exchange (CME) Group Foundation and our corporate partners: AQR Capital Management, Barclays Bank PLC, John Deere, and Northern Trust Corporation.

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Gleacher Center
University of Chicago Booth School of Business
450 N. Cityfront Plaza Drive, Room 621
Chicago, Illinois 60611 (map)


Jennifer Williams

Speaker Profiles

Steven Kaplan conducts research on issues in private equity and entrepreneurial finance, corporate governance, mergers and acquisitions, and corporate finance. He has published papers in a number of academic and business journals. He has testified to the U.S. Senate Finance Committee and the U.S. House Financial Services Committee about his research. Kaplan is a research associate at the National Bureau of Economic Research and an associate editor of the Journal of Finance and the Journal of Financial Economics.

Kaplan teaches advanced MBA and executive courses in entrepreneurial finance and private equity, corporate financial management, corporate governance, and wealth management. He has been one of the top-rated teachers at Chicago Booth in BusinessWeek's biannual surveys since 1992. BusinessWeek named him one of the top 12 business school teachers in the country.

Kaplan serves on the board of directors of Accretive Health, Columbia Acorn Funds, and Morningstar. He also serves as a director of the Illinois Venture Capital Association and the University of Chicago Laboratory Schools, and as the academic dean of the Kauffman Fellows Program, an educational and mentoring program for new venture capitalists. He has been a member of the faculty since 1988.

He received his AB, summa cum laude, in applied mathematics and economics from Harvard College and earned a PhD in business economics from Harvard University.

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