Professor

Real name:
Benjamin Hermalin

Research Member

Schneider Distinguished Professor of Finance

University of California, Berkeley

Ben Hermalin is a noted expert on corporate governance, leadership, the economics of organization, and industrial organization. As of the date this was written, he has published 45 peer-reviewed journal articles, including in top journals such as the American Economic Review, Econometrica, RAND, and the Journal of Finance. Recent publications in the area of corporate governance include The Handbook of the Economics of Corporate Governance, Volume 1 (Amsterdam: North-Holland, 2017, co-edited with Michael S.

Weisbach); “Biased Monitors: Corporate Governance when Managerial Ability is Mis-assessed,” Journal of The Japanese and International Economies; “When Less is More: The Benefits of Limits on Executive Pay,” Review of Financial Studies (co-authored with Peter Cebon); and “Information Disclosure and Corporate Governance,” Journal of Finance (co-authored with Weisbach).He holds professorships in both the Economics Department and in Berkeley's Haas School of Business, where he is the Thomas & Alison Schneider Distinguished Professor of Finance. He served as the Economics Department Chair from 2005 - 2008, Chair of the Academic Senate from 2015-20016, and is currently serving as the Berkeley campus's Vice Provost for the Faculty. He also serves on the Board of Directors of the NBER. Professor Hermalin received his PhD from MIT in 1988, the same year he joined UC Berkeley as assistant professor in the Department of Economics and the School of Business. He became a full professor in 1998.

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Research interests

Research Interests:

Corporate governance, with an emphasis on boards of directors, executive compensation, and firm leadership; the economics of organization; contract theory; and industrial organization