130 Index The Economics of Corporate Law and Securities Regulation (Posner and Scott), 35 The Economic Structure of Corporate Law (Easter- brook and Fischel), 35, 45 Efficient market hypothesis, 63­65. See also Behavioral Finance "The End of History for Corporate Law" (Kraakman and Hansmann), 21­23, 33, 58­59, 79. See also Share- holder primacy, zenith of Enron, 5, 34 Equity-based (stock-based) compensation for CEOs impact on ratio between comp- ensation of a CEO and an average employee, 21 impact on short-term results, 72 1984­2001 change as percent Dodd, Merrick, 17. See also Purpose of public companies, Great Debate about Elhauge, Einer, 99, 101. See also Shareholders and prosocial behavior Kraakman, Reinier, 21 Roe, Mark, 45 Hedge funds, 66­67 advantage over universal owners, 93­94 versus universal investors, 86­94 harm to universal investors, 92­94 Icahn, Carl, 92­93 Homo economicus model of human behavior, 96 Jensen, Michael, 18­19, 107­108. See also Shareholder primacy, rise of; Principal-