Crime and Corruption - Publications - Faculty & Research

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Resources - Creating Emerging Markets

conference papers, and graduate level research. Stories of Corruption CEM has started a blog series featuring personal accounts of corruption in emerging markets as a means of... View Details

01 Dec 2019
News

Remix

So many boxes. Drew Dixon (MBA 2004) moved into this Brooklyn Heights apartment just a few days ago, as evidenced by the ratio of boxes emptied to those still filled. The living room, though, is an island of unpacked order, bobbing above a cardboard sea. It’s late... View Details

Keywords: Jen McFarland Flint; photographed by Chris Sorensen; #MeToo; DefJam; Arts, Entertainment

27 Feb 2017
Research & Ideas

Reputation is Vital to Survival in Turbulent Markets

the rough-and-tumble of business everywhere, let alone in conditions of turbulence where corruption may be the norm and not the exception, it may seem almost counterintuitive to believe that maintaining the... View Details

Keywords: by Sean Silverthorne

March 2017 (Revised September 2017)
Case

Facebook Fake News in the Post-Truth World

By: John R. Wells and Carole A. Winkler

In January 2017, Mark Zuckerberg, founder and CEO of Facebook, was surrounded by controversy. The election of Donald Trump as the next president of the United States in November 2016 had triggered a national storm of protests, and many attributed Trump’s victory to... View Details

Citation

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Past Issues - Alumni

to curtail corruption and bring the world’s illegally hidden wealth to light. M.I.A. Boards Pervasive negligence by boards of directors is ruining American business. New government regulations can help set... View Details

21 Feb 2019
Research & Ideas

Voter ID Laws Don't Work (But They Don't Hurt Anything, Either)

ballot fraud have erupted and intense focus invested in possible measures to ensure election integrity. States have increasingly enacted voter ID laws as one such deterrent. But we also know that laws aimed at securing the voting process,... View Details

Keywords: by Sean Silverthorne

Research Summary

Renovating Democratic Capitalism

By: Malcolm S. Salter

This in-process work focuses on how best to address the declining public trust and confidence in democratic capitalism, which many citizens consider to be a cornerstone of our national ideology and identity? While the answer to this question is not entirely clear, I... View Details

June 2017 (Revised September 2021)
Case

Sales Misconduct at Wells Fargo Community Bank

By: Suraj Srinivasan, Dennis W. Campbell, Susanna Gallani and Amram Migdal

Set in early 2017, this case examines widespread sales misconduct at Wells Fargo Community Bank. Wells Fargo's governance and controls are described in the lead up to the September 2016 announcement that Wells Fargo had settled with regulators for $185 million in... View Details

Keywords: Corporate Governance; Governance Controls; Governing Rules, Regulations, and Reforms; Governing and Advisory Boards; Executive Compensation; Lawsuits and Litigation; Crisis Management; Mission and Purpose; Organizational Design; Business and Community Relations; Business and Government Relations; Crime and Corruption; Business Organization; Business Model; Ethics; Corporate Accountability; Governance Compliance; Policy; Compensation and Benefits; Resignation and Termination; Laws and Statutes; Legal Liability; Business or Company Management; Risk Management; Business Processes; Organizational Culture; Organizational Structure; Failure; Agency Theory; Business and Shareholder Relations; Business and Stakeholder Relations; Risk and Uncertainty; Salesforce Management; Public Opinion; Banking Industry; North and Central America

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18 Dec 2013
HBS Case

Lessons from the Lance Armstrong Cheating Scandal

tarnishing the entire sport of professional cycling. When Armstrong confessed to Oprah Winfrey in January 2013 that he had "doped"—taken performance-enhancing drugs—to win his record seven consecutive Tour de France victories from 1999 to 2005, few could be... View Details

Keywords: by Michael Blanding; Sports

18 May 2016
Research & Ideas

Unethical Amnesia: Why We Tend to Forget Our Own Bad Behavior

not to recall pleading guilty to criminal possession of a weapon in 2009; and when asked whether he served several months at Riker’s Island in 2010, he answered, “I don’t know.” Similarly, in a 2007 Senate hearing to investigate his role... View Details

Keywords: by Carmen Nobel

08 Jan 2018
Research & Ideas

The Startling Percentage of Financial Advisors with Misconduct Records

consumers are saved unnecessarily high fees. Opponents argue the rule would create an uneven playing field between products and raise fees. Related Reading: Are Stockbrokers Illegally Leaking Confidential Information to Favored Clients?... View Details

Keywords: by Michael Blanding; Financial Services

02 Mar 2021
HBS Case

The Tulsa Massacre: Is Racial Justice Possible 100 Years Later?

make up for crimes by the Nazis, and South Africa paid Black victims of apartheid. In the United States, the federal government provided payments in the 1990s to Japanese civilians interred in camps during... View Details

Keywords: by Michael Blanding

Web

Curriculum - Business & Environment

your potential to build and use power to effect change at home, at work, and in society. It is meant for those who want to make things happen, despite the obstacles that might stand in your way. This course... View Details

12 Aug 2020
Research & Ideas

Why Investors Often Lose When They Sue Their Financial Adviser

Years of bull market bliss gave brokerage clients few reasons to open their account statements—until March. Within one month, stocks in the United States notched their biggest one-day losses—and gains—as mounting fears about COVID-19’s economic impact View Details

Keywords: by Danielle Kost; Financial Services

10 Jul 2007
What Do You Think?

How Much of Leadership Is About Control, Delegation, or Theater?

course and priorities. As Brady Finney put it, " companies growing value the most are the ones with leaders that have a clear vision, continually communicate that vision, and then get out of the way... View Details

Keywords: by Jim Heskett

02 Jul 2013
First Look

First Look: July 2

Publications 2006 pub Matching Firms, Managers, and Incentives By: Bandiera, Oriana, Luigi Guiso, Andrea Prat, and Raffaella Sadun Abstract—We exploit a unique combination of administrative sources View Details

Keywords: Anna Secino

04 Aug 2010
News

A Lonely Crusader

We’ve all read stories about those rare individuals who saw the financial crisis coming and profited handsomely from their contrarian insights. Add to that list of contrarians hedge fund manager Bill Ackman (MBA ’92), whose six-year... View Details

Keywords: Roger Thompson; subprime mortgages; Finance; Real Estate

Web

In the News - Creating Emerging Markets

documented as far back as the Egyptian dynasties. While the World Bank estimates that international bribery exceeds $1.5 trillion annually, the larger and more subtle effects of corruption on economies View Details

30 Apr 2020
Book

Fighting Climate Change Requires a New Capitalism

Rebecca Henderson spent her young adult years living two lives. At work, she preached the risks of resisting change to MBA students at the Massachusetts Institute of Technology, drawing on lessons she learned while watching factories close as a management consultant.... View Details

Keywords: by Danielle Kost; Energy

Portrait Project

Uzoma Nwagba

"African government? Don't. You must be corrupt or crazy. Or you will fail." Big Mentor always means well. But this time he will be wrong. That classic doomsday narrative will not remain Africa's soundtrack. No, not even in our... View Details

Publications