Publications

January 2024
Case

BWX Technologies

By: Suraj Srinivasan, Yuan Zou and Aldo Sesia

Rex Geveden and Robb LeMasters, CEO and CFO of BWX Technologies, Inc. (BWXT), were concerned that investors and analysts did not fully appreciate the company's transformation from a nuclear reactor provider to the US Navy and Canadian utilities to a multi-product line... View Details

Keywords: Transformation; Communication Intention and Meaning; Business and Shareholder Relations; Valuation; Diversification; United States; Canada

Educators

08 Oct 2010
What Do You Think?

Will Transparency in CEO Compensation Have Unintended Consequences?

further thought: "Does increasing transparency and visibility of the ratios help increase the ability for shareholders and boards to make better choices?" He commented, "One of the best agents to advocate for the right... View Details

Keywords: by Jim Heskett

Web

Demystifying the Family Enterprise - Course Catalog

E-mail: mtolsdorf@hbs.edu Career Focus This course is designed for students who are pursuing a career in businesses that are family owned - i.e. the majority shareholders are family, investment roles in family offices, or students that... View Details

01 Sep 2012
News

Supporting our Exceptional Faculty

increasing shareholder value. When the alumni invest in our faculty — by funding professorships or supporting the activities of the Christensen Center for Teaching and Learning, for example — they are supporting present needs while also... View Details

Keywords: David E. Bell; professorships; Colleges, Universities, and Professional Schools; Educational Services

19 Jul 2016
First Look

July 19, 2016

ecosystem whose interests were not aligned. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=51375 Shareholder Activism on Sustainability Issues By: Grewal, Jody, George Serafeim, and Aaron Yoon Abstract—Shareholder... View Details

Keywords: Sean Silverthorne

24 Oct 2017
First Look

First Look at New Research and Ideas, October 24, 2017

Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=53371 What Else Do Shareholders Want? Shareholder Proposals Contested by Firm Management By: Soltes, Eugene F., Suraj Srinivasan, and... View Details

Keywords: Sean Silverthorne

November 2005 (Revised August 2006)
Background Note

When Investing and Social Objectives Meet

By: Gregory S. Miller, Vincent Marie Dessain and Anders Sjoman

Introduces students to a group of investors and stakeholders who evaluate firms at least partially on factors other than eventual investment payoff. Focuses on investors who evaluate and attempt to impact firms' ethical, corporate governance, or other "societal"... View Details

Keywords: Consumer Behavior; Investment; Business and Stakeholder Relations; Business and Shareholder Relations

Educators

May 2010
Teaching Note

Say on Pay (TN)

By: V.G. Narayanan and Lisa Brem

Teaching Note for [407129]. View Details

Keywords: Business and Shareholder Relations; Voting; Executive Compensation; United States

1985
Chapter

Stockholder, Manager, and Creditor Interests: Applications of Agency Theory

By: Michael Jensen and Clifford W. Smith Jr.

Keywords: Agency Theory; Business and Shareholder Relations; Financing and Loans; Credit; Borrowing and Debt

SSRN

October 2011
Case

Patricia Gottesman at Crimson Hexagon

By: Lena G. Goldberg and Mary Beth Findlay

After successful capital raises and significant progress in gaining market acceptance of its tools for analyzing public opinion, Crimson Hexagon's CEO prepares to address the company's investors on the question of exit strategy. View Details

Keywords: Corporate Strategy; Strategic Planning; Business and Shareholder Relations; Business and Stakeholder Relations; Policy; Information Industry; Web Services Industry

01 Apr 2001
News

Edwin Yu: Bidding on the Future

faces. Another is busting convention. Most South Korean corporations are owner-operated, with shareholders voting with the owner practically all the time. Now, “more and more professionals are managing companies,” Yu explains. And like... View Details

Keywords: Alejandro Reyes; Telecommunications; Information

01 Mar 2005
News

Ideas: Books

plantations to local growers, transforming itself into a marketing company. The firm’s shareholders opted for lower risks but also lower profits. Multinationals and Global Capitalism by Geoffrey Jones (Oxford University Press) Professor... View Details

Keywords: Publishing Industries (except Internet); Information

08 Nov 2011
First Look

First Look: Nov. 8

income and a continuum of customer types. A discussion of the multi-product case is included in the appendix. The paper concludes with a discussion of implications for structural estimation methods. Download the paper: http://www.hbs.edu/research/pdf/12-030.pdf Does... View Details

Keywords: Sean Silverthorne

01 Mar 2008
News

Lessons from Private Equity

GADIESH: To reap private equity returns, act more like a private equity manager COURTESY OF BAIN & CO A recent Harvard Business Review article headlined “If Private Equity Sized Up Your Business” gave many leaders of public companies a thoughtful pause: Why can’t we... View Details

Keywords: Business Schools & Computer & Management Training; Educational Services; Securities, Commodities, and Other Financial Investments; Finance; Management

July 2010
Supplement

Post-Crisis Compensation at Credit Suisse (C)

By: Clayton S. Rose and Aldo Sesia

The (C) case describes the results of Credit Suisse's PIP I program, the value of PAF, shareholders' vote on the new compensation plan supported by management, and the impact of the company's approach to the U.K. banker's tax. View Details

Keywords: Voting; Taxation; Compensation and Benefits; Business and Shareholder Relations; Banking Industry; Financial Services Industry; Switzerland; United Kingdom

1985
Manual

Teacher's Manual for Revitalizing Businesses: Shareholder/Work Force Conflicts

By: W. E. Fruhan Jr.

Keywords: Business and Shareholder Relations; Employees; Conflict and Resolution; Books

January 1999 (Revised October 2010)
Background Note

Accumulated Earnings Tax and Personal Holding Company Tax

By: Henry B. Reiling and Mark Pollard

Identifies Congress's concerns and objectives in adopting the Accumulated Earnings Tax and the Personal Holding Company Tax. Also describes the provisions' mechanics and some of their practical implications. View Details

Keywords: Business Earnings; Taxation; Business and Government Relations; Business and Shareholder Relations; Public Administration Industry; United States

April 2011
Article

Local Dividend Clienteles

We exploit demographic variation to identify the effect of dividend demand on corporate payout policy. Retail investors tend to hold local stocks, and older investors prefer dividend-paying stocks. Together, these tendencies generate geographically varying demand for... View Details

Keywords: Business Headquarters; Demographics; Investment; Geographic Location; Policy; Business and Shareholder Relations