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Knowledge Wharton

Do Shareholders Have the Clout to Rein in Excessive Executive Pay?
Warren Buffett�s latest attack on excessive executive compensation is another chapter in the long-running saga... More »

One Way to Settle the Controversy over Stock Options: Eliminate Them
In the wake of news reports about compensation excesses in U.S. companies, Cendant recently announced that it ... More »

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Richard A. Lambert

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Miller-Sherrerd Professor; Professor of Accounting



Research Publications Biography

Research Areas

Theoretical and empirical research in performance measurement; incentive compensation plans; cost analysis; financial reporting

Current Projects

Valuation, granting, and incentive effects of employee stock option plans; Information and the cost of capital.