In the Media

Are ESG-Supportive Institutions Addressing Income Inequality, The ‘Other’ Big Risk?

Aug 15, 2023 // An article examining ESG-focused investment funds highlights research by Jonathan and Katharina Lewellen which found that the percentage of U.S. stocks held by institutional investors has dramatically increased over the past three decades.
View at Forbes

CEOs Are Bailing out in Droves; Do They Know Something?

Dec 19, 2019 // “Business is changing. It might be technologically, or more regulation. The CEOs that we have don't stick as well as they used to,” says Katharina Lewellen in an article about the rash of CEO departures in 2019.
View at Investor’s Business Daily

Misguided Fears of Common Ownership

Jun 02, 2019 // A recent working paper by Katharina Lewellen and Michelle Lowry, which Lewellen presented the 3rdBI Corporate Governance Conference in Oslo in May 2019, casts doubt on these claims. With policymakers reaching for their drafting pens, this analysis is important.
View at LinkedIn Pulse

To Make More Money, CEOs Harm Company Value

Jan 09, 2018 // Cites research by Katharina Lewellen on how the structure of CEO compensation can affect corporate decisions establishing a link between the amount of a CEO’s awarded equity that vests in a particular quarter, and corporate actions in that quarter that boost short-term stock prices but destroy long-term value.
View at CFO

Rewrite Tax Regimes to Spur Greater Investment

Dec 05, 2016 // Cites a forthcoming paper in the Review of Financial Studies co-authored by Katharina Lewellen, in an article about how reluctance to buy into ideas is harming the economy and stunting innovation.
View at Financial Times

WRDS Best Paper Award for Research That Examines CEO Compensation Structure – Short Term Contracts Induce CEOs to Cut Investment

Jan 12, 2016 // Coverage of Katharina Lewellen's best paper award from Wharton Research Data Services.
View at CNBC

WRDS Best Paper Award for Research That Examines CEO Compensation Structure – Short Term Contracts Induce CEOs to Cut Investment

Jan 12, 2016 // Katharina Lewellen was honored for co-authoring a paper examining the impact of CEO pay on long-term company investment.
View at Bloomberg Business

Companies Are More Likely to Be Acquired If Their CEOs Are 65

Sep 08, 2014 // Research by Katharina Lewellen shows that CEOs' interests may trump those of shareholders.
View at Bloomberg Brief

Warum 65-jährige Manager häufiger ihre Unternehmen verkaufen

Sep 08, 2014 // German business magazine cites research on CEO behavior by Katharina Lewellen and Dirk Jenter.
View at Manager Magazine

Idade do CEO pode afetar processo de fusão ou aquisição da empresa

Sep 08, 2014 // Article references research by Katharina Lewellen and Dirk Jenter.
View at O Globo

US Chief Executives Hoard Good News for Stock Sales

Sep 08, 2014 // Article cites research by Katharina Lewellen on CEO behavior.
View at Financial Times

A company’s best dealmaking asset is a 65-year-old CEO

Jul 07, 2014 // Article on the study by Katharina Lewellen on the link between CEO age and corporate takeovers.
View at Quartz

For Corporate Takeovers, 65 Is the Magic Number

Jun 25, 2014 // Research by Katharina Lewellen links CEO age with the likelihood of a corporate takeover.
View at Wall Street Journal

How stock options lead CEOs to put their own interests first

Feb 11, 2014 // Research by Katharina Lewellen shows that CEOs focus on short term results as vesting dates near.
View at Washington Post

The Law of Unintended Consequences

Feb 08, 2014 // Study shows that CEO incentives do not always work perfectly.
View at The Economist

Rip-Cord Economics

Jan 14, 2012 // A golden parachute can persuade a boss not to obstruct a takeover. But their notoriety dissuades firms from using them. Dirk Jenter of Stanford University and Katharina Lewellen of Tuck Business School find that golden parachutes are rarer and stingier than they should be.
View at The Economist

Not So Golden Oldies

Dec 19, 2011 // Investors checking off companies they think could be ripe for takeover bids next year might want to check the age of the CEO.
View at Wall Street Journal