Shareholders - Publications - Faculty & Research

Web

Business Finance Course Online | HBS Online

Show Hide Details Concepts The Capital Allocation Problem How to Grow: Organic vs. Inorganic Growth Distributing Cash to Shareholders Distribution Motivations Featured Exercises Capital allocation decision tree analysis Weigh value of... View Details

31 Aug 2021
Book

Feeling Powerless at Work? Time to Agitate, Innovate, and Orchestrate

authors say. The book explains how power can be shared more evenly among citizens, employees, top executives, and shareholders for the betterment of individuals, organizations, and institutions around the world. "The motive for the book... View Details

Keywords: by Jay Fitzgerald

11 Aug 2003
Research & Ideas

Why Budgeting Kills Your Company

The average billion-dollar company spends as many as 25,000 person-days per year putting together the budget. If this all paid off in shareholder return, that would be fine. But few organizations can make that claim. In fact, many firms... View Details

Keywords: by Loren Gary

01 Dec 1997
News

Multimedia Martha: Sharon Patrick Cooks Up A Winner

shareholder in our business. I think we are really showing that horizontal integration and synergies can work. I am also very proud that we are one of the first real cars on the information superhighway. People talk about it a lot, but we... View Details

23 May 2013
Working Paper Summaries

Board Games: Timing of Independent Directors’ Dissent in China

Keywords: by Juan Ma & Tarun Khanna

Web

Dean’s House | About

Baker’s insistence. A prominent financier, philanthropist, and president of the First National Bank of New York, Baker was an extraordinary business leader. At the age of 23, he invested $3,000 to become an original shareholder in the... View Details

01 Jun 2011
News

Who Was George F. Baker?

newspaper reporter since 1863,” the year he invested $3,000 to become an original shareholder in the First National Bank of New York (now Citibank) at age 23. Baker believed in action, not words. And his actions spoke volumes. He began... View Details

Keywords: Finance

01 Sep 2023
News

Global Outposts Expand HBS’s Intellectual Footprint

Since taking over as CEO of Tata Steel in 2013, T. V. Narendran had sought to transform India’s oldest steel manufacturing firm to ready it for a rapidly evolving business world. He instilled financial discipline, acquired new businesses, and launched digital... View Details

Keywords: Jennifer Gillespie

20 Oct 2008
Research & Ideas

The Seven Things That Surprise New CEOs

reporting on results and management's decisions. Surprise Six: Pleasing Shareholders Is Not The Goal Warning signs: Executives and board members judge actions by their effect on stock price. Analysts who don't understand the business push... View Details

Keywords: by Michael E. Porter, Jay W. Lorsch & Nitin Nohria

27 Apr 2021
Research & Ideas

IPO or M&A? How Venture Capital Shapes a Startup's Future

syndicates, the study says. Public companies also typically require more infrastructure and legal support to handle shareholder and regulatory demands. “For a lot of entrepreneurs, it's just about the term sheet and how much equity... View Details

Keywords: by Rachel Layne

11 Apr 2012
Research & Ideas

The High Risks of Short-Term Management

stakeholders' objectives. This new model is only beginning to emerge, but some of its outlines are already clear such as a longer-term time horizon, more holistic performance measurement and reporting, more active corporate governance, and greater engagement with View Details

Keywords: by Sean Silverthorne; Financial Services

Web

Baker Library / Bloomberg Center | About

philanthropist, and president of the First National Bank of New York, Baker was an extraordinary business leader. At the age of 23, he invested $3,000 to become an original shareholder in the First National Bank, where he worked as a... View Details

22 Aug 2022
Research & Ideas

Can Amazon Remake Health Care?

aspiration, which again, is wonderful if they succeed. But from the perspective of an Amazon shareholder, or the hard-nosed evidence to date, it is probably going to cause that shareholder to lose the money that One Medical View Details

Keywords: by Christina Pazzanese, Harvard Gazette; Health

06 Jul 2016
What Do You Think?

How Do We Pay for the Costs of Globalization?

there is anything illegal about what Carrier, or many companies before it, is doing. It is carrying out the wishes of shareholders of its parent, United Technologies. As UT’s CEO, Greg Harris, put it in explaining his company’s continued... View Details

Keywords: by James L. Heskett; Manufacturing

31 Oct 2013
Working Paper Summaries

Do Measures of Financial Constraints Measure Financial Constraints?

Keywords: by Joan Farre-Mensa & Alexander Ljungqvist

June 2021
Technical Note

SPAC Space

By: John R. Wells and Benjamin Weinstock

In 2020, over half of all initial public offerings (IPOs) in the United States were special purpose acquisition companies (SPACs), blank-check companies that typically had two years to find a business to take public, usually through a reverse merger. Together, 248... View Details

Keywords: Special Purpose Acquisition Companies; SPACs; Mergers and Acquisitions; Going Public; Initial Public Offering; Investment; Strategy

Citation

Educators

Purchase

11 Mar 2001
Research & Ideas

Merchants to Multinationals: British Trading Companies in the Nineteenth and Twentieth Centuries

opening up the shareholding of the parent trading company, but by floating separate 'free-standing' firms on the British capital markets, which the merchant houses continued to control through management contracts and other means in the... View Details

Keywords: by Geoffrey Jones

11 Jun 2018
Research & Ideas

Why South Korea's Samsung Built the Only Outdoor Skating Rink in Texas

shouldn’t change the facts of a case, no matter how many scholarships a company sponsors—or how many Christmas lights it puts on the courthouse. Related Reading: Dragging Patent Trolls Into the Light Research Paper Playing Favorites: How Firms Prevent the Revelation of... View Details

Keywords: by Michael Blanding; Legal Services

11 Aug 2008
Research & Ideas

Strategy Execution and the Balanced Scorecard

also requires effective systems for internal control, management control, and governance. ERM objectives and metrics could certainly have a home in the financial BSC perspective for increasing and sustain shareholder value, along with the... View Details

Keywords: by Martha Lagace

January 2021 (Revised May 2021)
Case

'GEnron'? Markopolos versus General Electric (A)

By: Jonas Heese and David Lane

In August 2019, Harry Markopolos—the forensic accountant known for uncovering Bernie Madoff’s Ponzi scheme—alleged that General Electric had committed accounting fraud totaling $38 billion, coining the term “GEnron” for perceived similarities with the 2001 accounting... View Details