Shareholders - Publications - Faculty & Research

22 Feb 2022
News

Savings and Loam

working-class people to earn interest on their savings, and become part owners in the process. “This is a model that was designed for stakeholder value, although people didn’t call it that 200 years ago,” Cummings notes. But there’s new resonance in the modern era, “at... View Details

Keywords: Jen McFarland Flint; Funds, Trusts, and Other Financial Vehicles; Finance

01 Jan 2011
News

Peter Harf, MBA 1974

detergent part of Benckiser public. Subsequently, in 1999, this company merged with Reckitt & Colman, forming Reckitt Benckiser. The new firm thrived, reaching a total shareholder return of 16.5 percent per year over a period of 10 years.... View Details

01 Aug 2016
Research & Ideas

Retail Execs Underplay Current Performance to Investors--but Why?

typically are presented four to six weeks after the close of a quarter, often involve a conference call by company executives with shareholders and stock analysts. Part of those sessions may include executives giving soft “guidance” or... View Details

Keywords: by Dina Gerdeman; Financial Services

24 Sep 2014
Op-Ed

Stop Thinking of Climate Change as a Religious or Political Issue

You sometimes hear people say things like, "I believe in global warming" or "I don't believe in climate change." It seems odd to approach climate change in this way, as though it were a question of belief, like religion. Most of the time when we confront uncertainty in... View Details

Keywords: by Forest Reinhardt; Energy; Utilities

20 Oct 2010
Research & Ideas

HBS Workshop Encourages Corporate Reporting on Environmental and Social Sustainability

rolling," said workshop co-organizer Beiting Cheng, an HBS doctoral student. Short of government mandates, how can corporations be motivated to adopt integrated reporting? Will shareholders be a driving force? What about outside... View Details

Keywords: by Sean Silverthorne; Accounting

06 Aug 2008
Research & Ideas

Are the Olympics a Catalyst for China Reforms?

its diaspora in the past quarter century. Supporting the efforts of such individual change-agents is a way forward. There can be corporate bridges also, to build on these interpersonal ones. Western corporations taking the long view of working in China, not just for... View Details

Keywords: by Sean Silverthorne

Web

Online Creating Brand Value Course | HBS Online

brands create shareholder value and why it’s vital to invest in your brand Who Will Benefit Marketing Professionals Managers and Consultants in Retail and Consumer Goods Entrepreneurs Transform your brand into your company’s competitive... View Details

02 Jan 2001
Research & Ideas

Can Japan Compete? [Part One]

viewed as mavericks, outside the mainstream. Companies are being pressured by foreign shareholders and competitive challenges. Many Japanese companies now have 25% of their stock owned by foreigners. In the case of the government, part of... View Details

Keywords: by Martha Lagace & Hilah Geer

24 Jul 2018
First Look

New Research and Ideas, July 24, 2018

changes made over the previous year to address concerns expressed by proxy advisors and some shareholders about Hikma’s reliance on a combined chairman/CEO position, the long tenure of some directors, and the company’s approach to... View Details

Keywords: Dina Gerdeman

March 2023
Case

Azenta Life Sciences: The Road to Transformation

By: Gary P. Pisano and Catherine Piner

When the Board brought Steve Schwartz in as President of Brooks Automation in 2010, they gave him a clear mission: strengthen the company’s core semiconductor equipment business and find a new industry to enter. Over the course of the next decade, Schwartz and the... View Details

Keywords: Transformation; Business and Shareholder Relations; Market Entry and Exit; Organizational Change and Adaptation; Segmentation; Technology Industry

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19 Mar 2018
Sharpening Your Skills

8 Ways To Be An Environmentally Conscious Manager

start to be addressed. Is that even possible in a market economy? Research Papers The Environmental Legacies of The North Face's Doug Tompkins and Patagonia's Yvon Chouinard Shareholder Activism on Sustainability Issues What do you think... View Details

Keywords: by Sean Silverthorne; Energy

01 Sep 2005
News

Taking Flight

Fund, he invested millions of dollars for pension fund clients. In the early 1990s, Thayer taught himself a database program that he thought could be useful for shareholder accounting. As a test exercise, he used the database to keep... View Details

Keywords: Julia Hanna; Finance; Publishing Industries (except Internet); Information; Sporting Goods, Hobby, Musical Instrument, and Book Stores; Retail Trade

September 1988
Article

Earnings Information Conveyed by Dividend Initiations and Omissions

By: Paul M. Healy and Krishna G. Palepu

Keywords: Information; Money; Business and Shareholder Relations; Business Earnings

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August 2005
Background Note

Dual Class Share Companies

By: Samuel L. Hayes III, Lynn S. Paine and Christopher Bruner

Provides a brief historical overview of dual class share companies in the United States, focusing on the New York Stock Exchange's evolving position on dual class structures since the 1920s, the impact of hostile takeovers on their use since the 1980s, and recent... View Details

Keywords: Acquisition; Debates; Capital Structure; Equity; Business History; Law; Organizational Structure; Business and Shareholder Relations; Perspective; Europe; United States

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2009
Working Paper

Watch What I Do, Not What I Say: The Unintended Consequences of the Homeland Investment Act

By: Dhammika Dharmapala, C. Fritz Foley and Kristin J. Forbes

This paper analyzes the impact on firm behavior of the Homeland Investment Act of 2004, which provided a one-time tax holiday for the repatriation of foreign earnings by U.S. multinationals. The analysis controls for endogeneity and omitted variable bias by using... View Details

Keywords: Investment; Multinational Firms and Management; Government Legislation; Taxation; Business and Shareholder Relations; Behavior; United States

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March 2003 (Revised November 2003)
Case

3i Group plc

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Brian Larcombe, CEO of 3i Group, one of the world's largest private equity firms and one of the few publicly listed ones, is deciding how best to use his firm's international network to deliver superior returns to shareholders. This case presents 3i's history and... View Details

Keywords: Business History; Networks; Private Equity; Growth Management; Global Strategy; Public Ownership; Business and Shareholder Relations; Growth and Development Strategy; Financial Services Industry

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Leading a Family Business (LFB) - Course Catalog

decisions in a family business? How do you define success in a family business that goes beyond maximizing shareholder returns? How do you build and sustain competitive advantage? How do you plan for effective succession and transition of... View Details

01 Dec 2002
News

Bad Times for Business

Brian Hall: Checks and Balances In the wake of these events afflicting corporate America, I find I’ m thinking harder about what I’ m teaching in terms of creating shareholder value. I’ ve always been a big proponent of the idea that... View Details

September 2016
Case

Generali: Paving the Way for CEE Expansion

By: Dante Roscini and Emer Maloney

Generali was one of Italy’s largest companies and one of Europe’s largest insurers and had for decades been at the center of the web of cross-shareholding that has characterized the opaque brand of old Italian capitalism. This bred sub-par returns while serving to... View Details