ERISA and the Agency Problem: The Impact on Corporate Pension Plan Performance

Philip Halpern

doi:10.3905/joi.2.3.7

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ERISA and the Agency Problem

The Impact on Corporate Pension Plan Performance

Philip Halpern

The Journal of Investing Fall 1993, 2 (3) 7-16; DOI: https://doi.org/10.3905/joi.2.3.7

Philip Halpern

Chief investment officer of the Washington State Investment Board in Olympia, where he is responsible for the recommendation and implementation of investment strategy. He was previously the managing director of benefit investments at J.C. Penney Company, and the first CIO of the retirement system in Idaho. Mr. Halpern holds an anthropology degree from Grinnell College and an M.B.A. in finance from UCLA. He has also completed doctoral coursework in strategic planning at Northwestern University.

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The Journal of Investing

Vol. 2, Issue 3

Fall 1993

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ERISA and the Agency Problem