George Serafeim
Charles M. Williams Professor of Business Administration
Charles M. Williams Professor of Business Administration
George Serafeim is the Charles M. Williams Professor of Business Administration at Harvard Business School. He co-leads a Lab, within Harvard's Digital, Data, Design Institute, and serves on the faculty steering commitee of Harvard University's Salata Institute. He teaches Financial Statement Analysis, Management Control Systems, and Corporate Governance in the Executive Education General Management Program. In the MBA program, he teaches the first-year required courses on Financial Reporting and Control and Purpose of the Firm. In addition, Professor Serafeim teaches in Harvard Business School’s custom executive education programs for senior executives.
Previously, he taught and designed award-winning courses on the energy transition, circular economy technologies, and the role of business in society, writing more than 40 case studies for those courses. Moreover, he created the Impact-Weighted Accounts Project that produced methodologies, large datasets, and dozens of projects on impact accounting and valuation. He has presented his research in over 60 countries around the world and ranks among the most popular authors on the Social Science Research Network. His book "Purpose and Profit: How Business Can Lift Up the World" explores the challenges and opportunities in building and sustaining high performance purpose-driven organizations that have a measurable positive impact on society.
Professor Serafeim’s widely cited research spans the fields of accounting, finance, management, and strategy, and has been published in prestigious academic and practitioner journals. Most recently, he led a research project using Generative AI to study the diffusion and consequences of technologies that drive the energy transition and efficient use of resources, such as electric vehicles, batteries, and recycled materials. Over the years, his research has focused on measuring, analyzing, driving, and communicating corporate performance. He has received multiple recognitions, including the Greenhill Award for outstanding contributions to the HBS community, the Pericles Leadership Award in recognition of services to the Hellenic Republic, the Kim B. Clark Fellowship on Responsible Leadership from University of Oxford, the Dr. Richard A. Crowell Memorial Prize, the JIBS Decade Award, and twice the Graham and Dodd Scroll Award.
Professor Serafeim has held several positions of leadership that allow him to bring, alongside research insights, a wealth of relevant experience to the classroom. He serves on the board of directors of Liberty Mutual, a Fortune 100 company, on the board of the International Foundation for Valuing Impacts (IFVI), and on the advisory boards of leading investment firms, Summa Equity, Apax, and Neuberger Berman. He is an academic partner at State Street Associates, leading research on sustainability and transformation of markets and organizations. He has been an investor and advisor to several start-ups over the years.
Previously, he co-founded an advisory services firm, served on the board of directors of a leading operations consulting firm, and on the board of directors of a publicly listed investment company. He has played an active role in shaping corporate governance standards as a member of the steering committee of the Athens Exchange Group, overseeing both stock and bond exchanges, and as Chairman of Greece’s Corporate Governance Council, issuing a new corporate governance code to enhance governance practices, investor protection, and business performance. He has contributed in advancing corporate governance globally, having served on the inaugural Standards Council of SASB, which created standards for investor relevant information adopted by thousands of leading companies around the world, and on the Taskforce Working Group on Impact Transparency, Integrity and Reporting established by the UK's Presidency of the G7. He served on a panel, established by the state of New York, to advise one of the largest pension funds on a strategic framework to identify, assess and manage investment risks and opportunities from the energy transition.
Professor Serafeim earned his doctorate in business administration at Harvard Business School, where his doctoral dissertation was recognized with the Wyss Award for excellence in research. He received a master's degree in accounting and finance from the London School of Economics and Political Science, where he was awarded the Emeritus Professors’ Prize for best academic performance. He grew up in Athens, Greece.
- Featured Work
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MBA CourseThe MBA course on "Risks, Opportunities, and Investments in an Era of Climate Change" is ideal for students who aspire to become entrepreneurs by starting their own company or joining a start-up that is driving innovation and solving challenges posed by climate change. Additionally, the course benefits those who wish to lead or advise firms on transitioning their operations and business models to become more sustainable and innovative. Finally, the course is beneficial to students seeking to understand the full spectrum of climate opportunities pursuing a career in venture capital, private equity, or public markets investing.
Cases accompanied by teaching plans for instructors include:
1. Apple's iPhone and developing circular economy models.
2. BMW's decarbonization and electrification strategy.
3. Galy's efforts in lab grown agriculture.
4. Solvay's product portfolio management tool.
5. Northvolt's development of a vertically integrated battery producer.
6. Itau's offering credit linked to sustainability metrics.
7. EKI's role as a broker and developer of carbon credits.
8. Neuberger Berman's climate transition investment strategies.
9. KOKO Network's biofuelled clean cooking and carbon financing.
10. Elon Musk's entrepreneurial venture at Tesla.
11. EU CBAM's policy.The move to a low-carbon economy will create opportunities for innovation and growth. To make the most of them, leaders must understand the challenges they could face along the way.How Business Can Lift Up the WorldAre purpose and profit substitutes or complementary? What are the technological, societal, and market forces that are reshaping this relationship? What can we all do to reshape the relationship between purpose and profit as entrepreneurs, managers, consumers, employees, and investors? Backed by cutting-edge research, "Purpose and Profit" provides answers to these fundamental questions that are increasingly defining the competitiveness of businesses all around the world. Based on more than a decade of field and archival research Professor Serafeim takes readers through a journey to understand:
- How and why environmental and social issues are becoming increasingly relevant for businesses all around the world;
- The ways that companies can design and implement a strategy that has more positive impact;
- The six archetypes of value creation enabled by these new trends;
- The role of investors in supporting companies by recognizing the value of strategic management of material sustainability issues and
- How we can all look at our choices and our careers through the lens of these societal trends to drive impact in our lives and for our organizations.
- Books
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- Serafeim, George. Purpose + Profit: How Business Can Lift Up the World. New York: HarperCollins Leadership, 2022. View Details
- Journal Articles
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- Bochkay, Khrystyna, Jeffrey Hales, and George Serafeim. "Disclosure Standards and Communication Norms: Evidence of Voluntary Sustainability Standards as a Coordinating Device for Capital Markets." Review of Accounting Studies (forthcoming). (Pre-published online March 17, 2025.) View Details
- Serafeim, George. "Ten Questions for a Winning Climate-transition Business Strategy." Strategy + Business (website) (September 9, 2024). View Details
- Serafeim, George, and Aaron Yoon. "Stock Price Reactions to ESG News: The Role of ESG Ratings and Disagreement." Special Issue on RAST 2022 Conference. Review of Accounting Studies 28, no. 3 (September 2023): 1500–1530. View Details
- Gartenberg, Claudine, and George Serafeim. "Corporate Purpose in Public and Private Firms." Management Science 69, no. 9 (September 2023): 5087–5111. View Details
- Chandy, Rajesh, Glen Dowell, Colin Mayer, Erica Plambeck, George Serafeim, Michael W. Toffel, L. Beril Toktay, and Elke Weber. "Introduction to the Special Section on Business and Climate Change." Management Science 69, no. 12 (December 2023): 7347–7351. View Details
- Cheema-Fox, Alex, George Serafeim, and Hui (Stacie) Wang. "Climate Solutions Investments." Journal of Portfolio Management 49, no. 3 (February 2023): 72–96. View Details
- Christensen, Dane, George Serafeim, and Anywhere Sikochi. "Why Is Corporate Virtue in the Eye of the Beholder? The Case of ESG Ratings." Accounting Review 97, no. 1 (January 2022): 147–175. View Details
- Serafeim, George, and Aaron Yoon. "Which Corporate ESG News Does the Market React To?" Financial Analysts Journal 78, no. 1 (2022): 59–78. View Details
- Cheema-Fox, Alex, George Serafeim, and Hui (Stacie) Wang. "Climate Change Vulnerability and Currency Returns." Financial Analysts Journal 78, no. 4 (2022): 37–58. View Details
- Baker, Malcolm, Daniel Bergstresser, George Serafeim, and Jeffrey Wurgler. "The Pricing and Ownership of U.S. Green Bonds." Annual Review of Financial Economics 14 (2022): 415–437. View Details
- Grewal, Jody, Clarissa Hauptmann, and George Serafeim. "Material Sustainability Information and Stock Price Informativeness." Journal of Business Ethics 171, no. 3 (July 2021): 513–544. View Details
- Cheema-Fox, Alex, Bridget LaPerla, George Serafeim, and Hui (Stacie) Wang. "Corporate Resilience and Response During COVID-19." Journal of Applied Corporate Finance 33, no. 2 (Spring 2021): 24–40. View Details
- Rouen, Ethan, and George Serafeim. "Impact-Weighted Financial Accounts: A Paradigm Shift." CESifo Forum 22, no. 3 (May 2021): 20–25. View Details
- Kobilov, Botir, Ethan Rouen, and George Serafeim. "Predictable Country-level Bias in the Reporting of COVID-19 Deaths." Journal of Government and Economics 2 (Summer 2021). View Details
- Cheema-Fox, Alex, Bridget LaPerla, George Serafeim, David Turkington, and Hui (Stacie) Wang. "Decarbonizing Everything." Financial Analysts Journal 77, no. 3 (2021): 93–108. View Details
- Chen, Wen, Mozaffar Khan, Leonid Kogan, and George Serafeim. "Cross‐firm Return Predictability and Accounting Quality." Journal of Business Finance & Accounting 48, nos. 1-2 (January–February 2021): 70–101. View Details
- Serafeim, George. "Social-Impact Efforts That Create Real Value." Harvard Business Review 98, no. 5 (September–October 2020): 38–48. View Details
- Groysberg, Boris, Eric Lin, and George Serafeim. "Does Corporate Misconduct Affect the Future Compensation of Alumni Managers?" Special Issue on Employee Inter- and Intra-Firm Mobility. Advances in Strategic Management 41 (July 2020). View Details
- Healy, Paul M., and George Serafeim. "Voluntary, Self-Regulatory, and Mandatory Disclosure of Oil and Gas Company Payments to Foreign Governments." Accounting Horizons 34, no. 1 (March 2020): 111–129. View Details
- Serafeim, George. "Public Sentiment and the Price of Corporate Sustainability." Financial Analysts Journal 76, no. 2 (2020): 26–46. View Details
- Grewal, Jody, and George Serafeim. "Research on Corporate Sustainability: Review and Directions for Future Research." Foundations and Trends® in Accounting 14, no. 2 (2020): 73–127. View Details
- Kotsantonis, Sakis, and George Serafeim. "Human Capital and the Future of Work: Implications for Investors and ESG Integration." Journal of Financial Transformation 51 (April 2020): 115–130. View Details
- Serafeim, George, Amanda M. Rischbieth, and Howard K. Koh. "Sustainability, Business, and Health." JAMA, the Journal of the American Medical Association 324, no. 2 (July 14, 2020): 147–148. View Details
- Henderson, Rebecca, and George Serafeim. "Tackling Climate Change Requires Organizational Purpose." AEA Papers and Proceedings 110 (May 2020): 177–180. View Details
- Healy, Paul M., and George Serafeim. "How to Scandal-Proof Your Company." Harvard Business Review 97, no. 4 (July–August 2019): 42–50. View Details
- Grewal, Jody, Edward J. Riedl, and George Serafeim. "Market Reaction to Mandatory Nonfinancial Disclosure." Management Science 65, no. 7 (July 2019): 3061–3084. View Details
- Gartenberg, Claudine, Andrea Prat, and George Serafeim. "Corporate Purpose and Financial Performance." Organization Science 30, no. 1 (January–February 2019): 1–18. View Details
- Serafeim, George. "Investors as Stewards of the Commons?" Journal of Applied Corporate Finance 30, no. 2 (Spring 2018): 8–17. View Details
- Amel-Zadeh, Amir, and George Serafeim. "Why and How Investors Use ESG Information: Evidence from a Global Survey." Financial Analysts Journal 74, no. 3 (Third Quarter 2018): 87–103. View Details
- Kaplan, Robert S., George Serafeim, and Eduardo Tugendhat. "Inclusive Growth: Profitable Strategies for Tackling Poverty and Inequality." Harvard Business Review 96, no. 1 (January–February 2018): 127–133. View Details
- Horton, Joanne, George Serafeim, and Shan Wu. "Career Concerns of Banking Analysts." Journal of Accounting & Economics 63, nos. 2-3 (April–May 2017): 231–252. View Details
- Groysberg, Boris, Eric Lin, George Serafeim, and Robin Abrahams. "The Scandal Effect." Harvard Business Review 94, no. 9 (September 2016): 90–98. View Details
- Healy, Paul M., and George Serafeim. "An Analysis of Firms' Self-reported Anticorruption Efforts." Accounting Review 91, no. 2 (March 2016): 489–511. View Details
- Groysberg, Boris, Eric Lin, George Serafeim, and Robin Abrahams. "How to Survive a Company Scandal You Had Nothing to Do With." Harvard Business Review (website) (August 31, 2016). View Details
- Khan, Mozaffar, George Serafeim, and Aaron Yoon. "Corporate Sustainability: First Evidence on Materiality." Accounting Review 91, no. 6 (November 2016): 1697–1724. View Details
- Kotsantonis, Sakis, Christopher Pinney, and George Serafeim. "ESG Integration in Investment Management: Myths and Realities." Journal of Applied Corporate Finance 28, no. 2 (Spring 2016): 10–16. View Details
- Ioannou, Ioannis, Shelley Xin Li, and George Serafeim. "The Effect of Target Difficulty on Target Completion: The Case of Reducing Carbon Emissions." Accounting Review 91, no. 5 (September 2016): 1467–1492. View Details
- Brochet, Francois, Maria Loumioti, and George Serafeim. "Speaking of the Short-Term: Disclosure Horizon and Managerial Myopia." Review of Accounting Studies 20, no. 3 (September 2015): 1122–1163. View Details
- Serafeim, George. "Integrated Reporting and Investor Clientele." Journal of Applied Corporate Finance 27, no. 2 (Spring 2015): 34–51. View Details
- Ioannou, Ioannis, and George Serafeim. "The Impact of Corporate Social Responsibility on Investment Recommendations: Analysts' Perceptions and Shifting Institutional Logics." Strategic Management Journal 36, no. 7 (July 2015): 1053–1081. View Details
- Cheng, Beiting, Ioannis Ioannou, and George Serafeim. "Corporate Social Responsibility and Access to Finance." Strategic Management Journal 35, no. 1 (January 2014): 1–23. View Details
- Knauer, Andrew, and George Serafeim. "Attracting Long-Term Investors Through Integrated Thinking and Reporting: A Clinical Study of a Biopharmaceutical Company." Journal of Applied Corporate Finance 26, no. 2 (Spring 2014): 57–64. View Details
- Eccles, Robert G., Ioannis Ioannou, and George Serafeim. "The Impact of Corporate Sustainability on Organizational Processes and Performance." Management Science 60, no. 11 (November 2014): 2835–2857. View Details
- Kuppuswamy, Venkat, George Serafeim, and Belen Villalonga. "The Effect of Institutional Factors on the Value of Corporate Diversification." Advances in Strategic Management 31 (2014). View Details
- Healy, Paul M., George Serafeim, Suraj Srinivasan, and Gwen Yu. "Market Competition, Earnings Management, and Persistence in Accounting Profitability Around the World." Review of Accounting Studies 19, no. 4 (December 2014): 1281–1308. View Details
- Eccles, Robert G., and George Serafeim. "The Performance Frontier: Innovating for a Sustainable Strategy." Harvard Business Review 91, no. 5 (May 2013): 50–60. View Details
- Eccles, Robert G., and George Serafeim. "A Tale of Two Stories: Sustainability and the Quarterly Earnings Call." Journal of Applied Corporate Finance 25, no. 3 (Summer 2013): 66–77. View Details
- Groysberg, Boris, Paul Healy, George Serafeim, and Devin Shanthikumar. "The Stock Selection and Performance of Buy-Side Analysts." Management Science 59, no. 5 (May 2013): 1062–1075. View Details
- Horton, Joanne, George Serafeim, and Ioanna Serafeim. "Does Mandatory IFRS Adoption Improve the Information Environment?" Contemporary Accounting Research 30, no. 1 (Spring 2013): 388–423. View Details
- Horton, Joanne, Yuval Millo, and George Serafeim. "Resources or Power? Implications of Social Networks on Compensation and Firm Performance." Journal of Business Finance & Accounting 39, nos. 3-4 (April–May 2012): 399–426. View Details
- Eccles, Robert G., Kathleen Miller Perkins, and George Serafeim. "How to Become a Sustainable Company." MIT Sloan Management Review 53, no. 4 (Summer 2012): 43–50. View Details
- Ioannou, Ioannis, and George Serafeim. "What Drives Corporate Social Performance? The Role of Nation-level Institutions." Journal of International Business Studies 43, no. 9 (December 2012): 834–864. View Details
- Eccles, Robert G., Michael P. Krzus, Jean Rogers, and George Serafeim. "The Need for Sector-Specific Materiality and Sustainability Reporting Standards." Journal of Applied Corporate Finance 24, no. 2 (Spring 2012): 65–71. View Details
- Khan, Mozaffar N., Leonid Kogan, and George Serafeim. "Mutual Fund Trading Pressure: Firm-Level Stock Price Impact and Timing of SEOs." Journal of Finance 67, no. 4 (August 2012): 1371–1395. View Details
- Eccles, R. G., Michael P. Krzus, and George Serafeim. "Market Interest in Nonfinancial Information." Journal of Applied Corporate Finance 23, no. 4 (Fall 2011): 113–127. View Details
- Riedl, Edward J., and George Serafeim. "Information Risk and Fair Value: An Examination of Equity Betas." Journal of Accounting Research 49, no. 4 (September 2011): 1083–1122. View Details
- Groysberg, Boris, Paul Healy, Nitin Nohria, and George Serafeim. "What Factors Drive Analyst Forecasts?" Financial Analysts Journal 67, no. 4 (July–August 2011). View Details
- Serafeim, George. "Consequences and Institutional Determinants of Unregulated Corporate Financial Statements: Evidence from Embedded Value Reporting." Journal of Accounting Research 49, no. 2 (May 2011). View Details
- Horton, Joanne, Richard H. Macve, and George Serafeim. "'Deprival Value' vs. 'Fair Value' Measurement for Contract Liabilities: How to Resolve the 'Revenue Recognition' Conundrum." Accounting and Business Research 41, no. 5 (2011): 491–514. View Details
- Ioannou, Ioannis, and George Serafeim. "The Impact of Corporate Social Responsibility on Investment Recommendations." Academy of Management Annual Meeting Proceedings (2010). View Details
- Horton, Joanne, and George Serafeim. "Market Reaction to and Valuation of IFRS Reconciliation Adjustments: First Evidence from the UK." Review of Accounting Studies 15, no. 4 (December 2010). View Details
- Op-eds
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- Porter, Michael E., George Serafeim, and Mark Kramer. "Where ESG Fails." Institutional Investor (October 16, 2019). View Details
- Serafeim, George. "The Pursuit of Profit with Purpose Requires Patience." Financial Times (January 9, 2023). View Details
- Lu, Shirley, and George Serafeim. "How AI Will Accelerate the Circular Economy." Harvard Business Review Digital Articles (June 12, 2023). View Details
- Cohen, Ronald, and George Serafeim. "How to Measure a Company's Real Impact." Harvard Business Review (website) (September 3, 2020). View Details
- Serafeim, George. "Companies Must Include Environmental and Social Performance Measures." Financial Times (February 24, 2020). View Details
- Lubber, Mindy, and George Serafeim. "3 Ways Investors Can Pressure Companies to Take Sustainability Seriously." Barron's (June 23, 2019). View Details
- Ioannou, Ioannis, and George Serafeim. "Yes, Sustainability Can Be a Strategy." Harvard Business Review (website) (February 11, 2019). View Details
- Gartenberg, Claudine, and George Serafeim. "181 Top CEOs Have Realized Companies Need a Purpose Beyond Profit." Harvard Business Review (website) (August 20, 2019). View Details
- Rehnberg, Christina, George Serafeim, and Brian Tomlinson. "Why CEOs Should Share Their Long-Term Plans with Investors." Harvard Business Review (website) (September 19, 2018). View Details
- Serafeim, George. "Elon Musk's Unusual Compensation Plan Isn't Really About Compensation at All." Harvard Business Review (website) (May 1, 2018). View Details
- Serafeim, George. "How Index Funds Can Be a Positive Force for Change." Barron's (October 12, 2018). View Details
- Serafeim, George. "Facebook, BlackRock, and the Case for Purpose-Driven Companies." Harvard Business Review (website) (January 16, 2018). View Details
- Serafeim, George. "Can Index Funds Be a Force for Sustainable Capitalism?" Harvard Business Review (website) (December 7, 2017). View Details
- Karageorgiou, Gabriel, and George Serafeim. "Active Investing v.2.0." Pensions & Investments (online) (November 28, 2017). View Details
- Serafeim, George, and Sakis Kotsantonis. "ExxonMobil's Shareholder Vote Is a Tipping Point for Climate Issues." Harvard Business Review (website) (June 7, 2017). View Details
- Serafeim, George, Daniela Saltzman, and Bronagh Ward. "How Laws and Culture Hold Back Socially Minded Companies." Harvard Business Review (website) (May 18, 2017). View Details
- Serafeim, George. "What Mark Zuckerberg Understands About Corporate Purpose." Harvard Business Review (website) (February 22, 2017). View Details
- Streur, John, and George Serafeim. "Stop Waiting for Governments to Close the Skills Gap." Harvard Business Review (website) (January 11, 2017). View Details
- Serafeim, George, and Claudine Gartenberg. "The Type of Purpose That Makes Companies More Profitable." Harvard Business Review (website) (October 21, 2016). View Details
- Serafeim, George. "The Fastest-Growing Cause for Shareholders Is Sustainability." Harvard Business Review (website) (July 12, 2016). View Details
- Serafeim, George. "The EU Has Trust Issues, and It's Taking Down Greece's Economy." Fortune.com (May 24, 2016). View Details
- Serafeim, George. "Moving Forward." Business Partners 15, no. 82 (January–February 2016): 38–39. View Details
- Kazarian, Paul, and George Serafeim. "How to Turn Around a Country." Kathimerini (January 19, 2016). View Details
- Kotsantonis, Sakis, Shalini Rao, Daniela Saltzman, and George Serafeim. "If CEOs Care About the Long Term, Why Don't They Talk About It?" Harvard Business Review (website) (November 13, 2015). View Details
- Serafeim, George. "The Type of Socially Responsible Investments That Make Firms More Profitable." Harvard Business Review (website) (April 14, 2015). View Details
- Serafeim, George. "Tsipras' Second Chance: Greece to Hold Elections." The Conversation (August 24, 2015). (Editorial. Also published as "A 100-day Plan to Get Greece Back on Track" in Australian Outlook on August 24, 2015.) View Details
- Serafeim, George. "The Value of Accounting: The Case of Greece." IFAC Global Knowledge Gateway (August 25, 2015). View Details
- Serafeim, George. "Greece Bailout Includes a €50 Billion Asset Fund. Here's How to Avoid Wasting It." The Conversation (July 14, 2015). (Editorial.) View Details
- Serafeim, George, Joanne Horton, and Shan Wu. "How Banking Analysts' Biases Benefit Everyone Except Investors." Harvard Business Review (website) (June 5, 2015). View Details
- Serafeim, George. "Lessons From Greece as Controversial Finance Minister Exits." Time.com (July 6, 2015). (Editorial.) View Details
- Serafeim, George. "One Way To Help Greece Recover: Help Greek Companies Obtain Financing." Forbes.com (April 22, 2015). View Details
- Serafeim, George. "If Greece Embraces Uncertainty, Innovation Will Follow." Harvard Business Review (website) (March 13, 2015). View Details
- Serafeim, George. "What the Greek Elections Mean for the Economy." Forbes.com (January 29, 2015). View Details
- Serafeim, George, and Mark Fulton. "Divestment Alone Won’t Beat Climate Change." Harvard Business Review (website) (November 4, 2014). View Details
- Karageorgiou, Gabriel, Daniela Saltzman, and George Serafeim. "How to Kill Quarterly Earnings Guidance." HBR Blog Network (June 18, 2014). http://blogs.hbr.org/2014/06/how-to-kill-quarterly-earnings-guidance/. View Details
- Serafeim, George. "Reporting for Duty." The Point, no. 25 (June 2014): 22–25. (Editorial.) View Details
- Serafeim, George. "Corporate Reporting in the Big Data Era." IIRC Blog (April 29, 2014). View Details
- Eccles, Robert G., and George Serafeim. "Sustainability in Financial Services Is Not About Being Green." Harvard Business Review Blogs (May 15, 2013). View Details
- Eccles, Robert G., and George Serafeim. "Richest Universities Are Too Quiet on Sustainable Investing." Bloomberg.com (January 8, 2013). View Details
- Eccles, Robert G., Ioannis Ioannou, and George Serafeim. "Is There an Optimal Degree of Sustainability?" Ethical Corporation (February 2, 2012), 39–43. View Details
- Eccles, Robert G., Ioannis Ioannou, and George Serafeim. "Is Sustainability Now the Key to Corporate Success?" The Guardian (January 6, 2012). View Details
- Eccles, Robert G., and George Serafeim. "Companies and Investors Should See More of Each Other." Bloomberg.com (July 23, 2012). View Details
- Groysberg, Boris, Paul M. Healy, Nitin Nohria, and George Serafeim. "What Makes Analysts Say 'Buy'?" Harvard Business Review 90, no. 11 (November 2012). View Details
- Brochet, Francois, George Serafeim, and Maria Loumioti. "Short Termism: Don't Blame the Investors." Harvard Business Review 90, no. 6 (June 2012). View Details
- Eccles, Robert G., and George Serafeim. "Top 1,000 Companies Wield Power Reserved for Nations." Bloomberg.com (September 11, 2012). View Details
- Baldinger, Michael, Robert G. Eccles, and George Serafeim. "Vast Pools of Money Still Ignore Sustainable Investing." Bloomberg.com (November 30, 2012). View Details
- Eccles, Robert G., George Serafeim, and Jorge Amar. "Brasil: uma sociedade sustentável. [Brazil: A Sustainable Society]." Ideia sustentável (June 2012). View Details
- Eccles, Robert G., Ioannis Ioannou, and George Serafeim. "The Role of The Board in Creating a Sustainable Strategy." TrustLaw (November 29, 2011). View Details
- Eccles, Robert G., and George Serafeim. "Leading and Lagging Countries in Contributing to a Sustainable Society." Harvard Business School Working Knowledge (May 23, 2011). View Details
- Eccles, Robert G., and George Serafeim. "The Role of the Board in Accelerating the Adoption of Integrated Reporting." Director Notes (The Conference Board) (November 2011). View Details
- Ioannou, Ioannis, and George Serafeim. "The Rise and Consequences of Corporate Sustainability Reporting." European Business Review (September–October 2011): 38–41. View Details
- Ioannou, Ioannis, and George Serafeim. "Sustainability and Capital Markets: How Firms Can Manage the Crucial Link." European Business Review (March–April 2011): 17–19. View Details
- Ioannou, Ioannis, and George Serafeim. "The Growing Power of Non-financial Reports." Business Strategy Review (May 2011). View Details
- Eccles, Robert G., and George Serafeim. "Integrated Reporting: A Source of Competitive Advantage." CorporateRegister.com (March–April 2011). View Details
- Book Chapters
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- Ioannou, Ioannis, and George Serafeim. "The Consequences of Mandatory Corporate Sustainability Reporting." In The Oxford Handbook of Corporate Social Responsibility: Psychological and Organizational Perspectives, edited by Abagail McWilliams, Deborah E. Rupp, Donald S. Siegel, Günter K. Stahl, and David A. Waldman, 452–489. Oxford University Press, 2019. View Details
- Eccles, Robert G., and George Serafeim. "Corporate and Integrated Reporting: A Functional Perspective." In Corporate Stewardship: Achieving Sustainable Effectiveness, edited by Susan Albers Mohrman, James O'Toole, and Edward E. Lawler. Sheffield, UK: Greenleaf Publishing, 2015. View Details
- Miller, Kathy, and George Serafeim. "Chief Sustainability Officers: Who Are They and What Do They Do?" Chap. 8 in Leading Sustainable Change: An Organizational Perspective, edited by Rebecca Henderson, Ranjay Gulati, and Michael Tushman. Oxford University Press, 2015. View Details
- Eccles, Robert G., J. Herron, and George Serafeim. "Promoting Corporate Sustainability through Integrated Reporting: The Role of Investment Fiduciaries and the Responsibilities of the Corporate Board." Chap. 31 in Cambridge Handbook of Institutional Investment and Fiduciary Duty, edited by James P. Hawley, Andreas G.F. Hoepner, Keith L. Johnson, Joakim Sandberg, and Edward J. Waitzer, 403–415. Cambridge University Press, 2014. View Details
- Eccles, Robert G., and George Serafeim. "Luxembourg: A Sustainable Society Starts Here." Chap. 6 in CSR Report 2013, edited by Francesco de Leo and Francis Quinn, 73–92. InnoVatio Publishing Ltd., 2013. View Details
- Eccles, Robert G., Jess Schulschenk, and George Serafeim. "Capturing the Link between Non-financial and Financial Performance in One Space." In Making Investment Grade: The Future of Corporate Reporting: New trends in capturing and communicating strategic value, edited by Cornis van der Lugt and Daniel Malan, 43–48. United Nations Environment Programme, 2012. View Details
- Eccles, Robert G., and George Serafeim. "Accelerating the Adoption of Integrated Reporting." Chap. 2.2 in CSR Index, edited by Francesco de Leo and Matthias Vollbracht, 70–92. InnoVatio Publishing Ltd., 2011. View Details
- Serafeim, George. "The Analyst Recommendation and Earnings Forecast Anomaly." Chap. 3 in The Handbook of Equity Market Anomalies: Translating Market Inefficiencies into Effective Investment Strategies, edited by Len Zacks, 63–91. John Wiley & Sons, 2011. View Details
- Ioannou, Ioannis, and George Serafeim. "Drivers of Corporate Sustainability and Implications for Capital Markets: An International Perspective." In The Landscape of Integrated Reporting, edited by Robert G. Eccles, Beiting Cheng, and Daniela Saltzman, 13–17. Boston: Harvard Business School, 2010. (Ebook, © by the Presidents and Fellows of Harvard College.) View Details
- Teaching Cases
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- Serafeim, George, Susanna Gallani, and Benjamin Maletta. "Roche: Innovation and Access to Healthcare." Harvard Business School Case 123-075, March 2023. (Revised March 2023.) View Details
- Serafeim, George, and Lena Duchene. "Transforming a Titan (C)." Harvard Business School Supplement 125-123, June 2025. View Details
- Serafeim, George, and Lena Duchene. "Transforming a Titan (B)." Harvard Business School Supplement 125-122, June 2025. View Details
- Serafeim, George, and Lena Duchene. "Transforming a Titan (A)." Harvard Business School Case 125-121, June 2025. View Details
- Serafeim, George, Charlotte Foody, and John Mulliken. "Iogen: Decarbonizing Hard-to-Abate Sectors." Harvard Business School Case 125-037, August 2024. View Details
- Serafeim, George. "Seeds of Innovation: GALY's Quest to Cultivate the Future of Agriculture in the Lab." Harvard Business School Multimedia/Video Supplement 124-705, February 2024. View Details
- Serafeim, George, and Michael Norris. "Seeds of Innovation: GALY's Quest to Cultivate the Future of Agriculture in the Lab." Harvard Business School Case 124-017, September 2023. (Revised November 2023.) View Details
- Serafeim, George, Siko Sikochi, and Namrata Arora. "KOKO Networks: Bridging Energy Transition and Affordability with Carbon Financing." Harvard Business School Case 124-022, October 2023. (Revised March 2024.) View Details
- Serafeim, George, Lena Duchene, and Carlota Moniz. "Recycle & Re-Match: The Future of Soccer Turfs." Harvard Business School Case 124-032, October 2023. (Revised November 2023.) View Details
- Serafeim, George, Michael W. Toffel, Lena Duchene, and Daniela Beyersdorfer. "Vytal: Packaging-as-a-Service." Harvard Business School Case 124-007, July 2023. (Revised May 2024.) View Details
- Serafeim, George, Michael W. Toffel, Jenyfeer Martinez Buitrago, and Mariana Cal. "Arcos Dorados: Decarbonizing McDonald's in Latin America." Harvard Business School Case 623-017, May 2023. (Revised November 2023.) View Details
- Spar, Debora L., George Serafeim, and Julia Comeau. "Northvolt: Building Batteries to Fight Climate Change." Harvard Business School Teaching Note 323-097, March 2023. View Details
- Serafeim, George, and Sofoklis Melissovas. "Betting on Green Steel." Harvard Business School Case 123-101, June 2023. (Revised February 2024.) View Details
- Serafeim, George, and Benjamin Maletta. "Investing in the Climate Transition at Neuberger Berman." Harvard Business School Case 123-092, June 2023. View Details
- Serafeim, George. "Apple's iPhone Revolution: Pioneering the Circular Economy." Harvard Business School Case 123-089, April 2023. (Revised September 2023.) View Details
- Serafeim, George, and Amram Migdal. "Elon Musk at Tesla." Harvard Business School Case 123-044, January 2023. (Revised June 2024.) View Details
- Serafeim, George. "EKI Energy Services: One Billion Carbon Credits." Harvard Business School Case 123-060, January 2023. View Details
- Serafeim, George, and Benjamin Maletta. "Organizational Climate Transition Risk Model." Harvard Business School Spreadsheet Supplement 123-707, January 2023. View Details
- Serafeim, George, Debora L. Spar, and Julia M. Comeau. "Northvolt: Building Batteries to Fight Climate Change." Harvard Business School Case 323-042, November 2022. (Revised March 2024.) View Details
- Lu, Shirley, George Serafeim, and Michael W. Toffel. "Driving Decarbonization at BMW – Student Spreadsheet Supplement." Harvard Business School Spreadsheet Supplement 123-708, December 2022. (Revised October 2023.) View Details
- Lu, Shirley, George Serafeim, and Michael W. Toffel. "Driving Decarbonization at BMW - Video Supplement." Harvard Business School Multimedia/Video Supplement 123-706, December 2022. View Details
- Lu, Shirley, George Serafeim, and Michael W. Toffel. "Driving Decarbonization at BMW." Harvard Business School Case 123-008, October 2022. (Revised June 2024.) View Details
- Serafeim, George. "Risks and Opportunities from the Transition to a Low Carbon Economy: A Business Analysis Framework." Harvard Business School Technical Note 123-014, December 2022. View Details
- Serafeim, George, Michael W. Toffel, and Tom Quinn. "David Crane’s Clean(er) Energy Strategy at NRG." Harvard Business School Case 623-005, July 2022. View Details
- Toffel, Michael W., George Serafeim, Francesca Gino, Stephanie Van Sice, and Tom Quinn. "FIJI Water: Carbon Negative? (Abridged)." Harvard Business School Case 623-004, July 2022. View Details
- Serafeim, George, Maria Loumioti, and Benjamin Maletta. "Sustainable Finance at Itau BBA." Harvard Business School Case 123-036, October 2022. View Details
- Serafeim, George, and Benjamin Maletta. "Business Implications from Regulating Carbon Emissions in the EU." Harvard Business School Case 122-106, June 2022. View Details
- Serafeim, George, Ethan Rouen, and Katie Panella. "Valuing Employment Exercise." Harvard Business School Exercise 121-086, April 2021. View Details
- Deshpandé, Rohit, Aiyesha Dey, and George Serafeim. "BlackRock: Linking Purpose to Profit." Harvard Business School Case 120-042, January 2020. (Revised July 2020.) View Details
- Serafeim, George, Ethan Rouen, and Sarah Gazzaniga. "Redefining Mogul." Harvard Business School Case 120-043, March 2020. (Revised May 2020.) View Details
- Serafeim, George, Vincent Dessain, and Mette Fuglsang Hjortshoej. "Sustainable Product Management at Solvay." Harvard Business School Case 120-081, February 2020. (Revised February 2022.) View Details
- Serafeim, George, Ethan Rouen, and David Freiberg. "SK Group: Social Progress Credits." Harvard Business School Case 120-071, January 2020. View Details
- Henderson, Rebecca, George Serafeim, Josh Lerner, and Naoko Jinjo. "Should a Pension Fund Try to Change the World? Inside GPIF's Embrace of ESG." Harvard Business School Case 319-067, January 2019. (Revised February 2020.) View Details
- Serafeim, George, and David Freiberg. "Harlem Capital: Changing the Face of Entrepreneurship (A)." Harvard Business School Case 120-040, October 2019. View Details
- Serafeim, George, and David Freiberg. "Harlem Capital: Changing the Face of Entrepreneurship (B)." Harvard Business School Supplement 120-041, October 2019. View Details
- Di Maggio, Marco, Ethan Rouen, George Serafeim, and Aldo Sesia. "Facebook's Libra: The Privatization of Money?" Harvard Business School Case 120-021, October 2019. (Revised February 2021.) View Details
- Palepu, Krishna G., George Serafeim, and David Lane. "Aperture Investors." Harvard Business School Case 119-053, April 2019. (Revised July 2019.) View Details
- Serafeim, George, and David Freiberg. "JetBlue: Relevant Sustainability Leadership (B)." Harvard Business School Supplement 119-044, October 2018. View Details
- Serafeim, George, and David Freiberg. "Turnaround at Norsk Gjenvinning (B)." Harvard Business School Supplement 118-033, October 2017. View Details
- Serafeim, George, and David Freiberg. "JetBlue: Relevant Sustainability Leadership (A)." Harvard Business School Case 118-030, October 2017. (Revised October 2022.) View Details
- Serafeim, George, and David Freiberg. "Summa Equity: Building Purpose-Driven Organizations." Harvard Business School Case 118-028, November 2017. (Revised April 2019.) View Details
- Serafeim, George, and David Freiberg. "The Future of Mobility: Economic, Environmental, and Social Implications." Harvard Business School Technical Note 118-008, July 2017. (Revised March 2019.) View Details
- Serafeim, George, Shiva Rajgopal, and David Freiberg. "ExxonMobil: Business as Usual? (B)." Harvard Business School Supplement 117-047, February 2017. (Revised June 2017.) View Details
- Serafeim, George, Shiva Rajgopal, and David Freiberg. "ExxonMobil: Business as Usual? (A)." Harvard Business School Case 117-046, February 2017. (Revised June 2017.) View Details
- Groysberg, Boris, George Serafeim, Eric Lin, and Robin Abrahams. "Should I Stay or Should I Go? (B)." Harvard Business School Supplement 116-060, May 2016. View Details
- Groysberg, Boris, George Serafeim, Eric Lin, and Robin Abrahams. "Should I Stay or Should I Go? (A)." Harvard Business School Case 116-059, May 2016. View Details
- Serafeim, George, and Shannon Gombos. "Turnaround at Norsk Gjenvinning (A)." Harvard Business School Case 116-012, August 2015. (Revised October 2017.) View Details
- Serafeim, George, Paul M. Healy, and Jérôme Lenhardt. "Statoil: Transparency on Payments to Governments." Harvard Business School Case 115-049, March 2015. View Details
- Serafeim, George, Rebecca Henderson, and Shannon Gombos. "Omar Selim: Building a Values-Based Asset Management Firm (A)." Harvard Business School Case 115-021, January 2015. (Revised September 2017.) View Details
- Serafeim, George, Rebecca Henderson, and Shannon Gombos. "Omar Selim: Building a Values-Based Asset Management Firm (B)." Harvard Business School Supplement 115-035, February 2015. (Revised September 2017.) View Details
- Serafeim, George. "Greece's Debt: Sustainable?" Harvard Business School Case 115-063, June 2015. (Revised January 2017.) View Details
- Khan, Mozaffar, and George Serafeim. "Accor: Designing an Asset-Right Business and Disclosure Strategy." Harvard Business School Case 115-036, April 2015. View Details
- Serafeim, George, Rebecca Henderson, and Dawn Lau. "CLP: Powering Asia." Harvard Business School Case 115-038, February 2015. View Details
- Serafeim, George, Rebecca Henderson, and Christine Snively. "Chevron Under Fire." Harvard Business School Case 115-031, January 2015. View Details
- Serafeim, George, and Robert G. Eccles. "Mandatory Environmental, Social, and Governance Disclosures in the European Union." Harvard Business School Teaching Note 114-054, January 2014. View Details
- Eccles, Robert G., George Serafeim, and Sarah E. Farrell. "CalSTRS and Relational Challenge Occidental's Governance (A)." Harvard Business School Case 113-090, February 2013. (Revised March 2013.) View Details
- Eccles, Robert G., George Serafeim, and Sarah E. Farrell. "CalSTRS and Relational Challenge Occidental's Governance (B)." Harvard Business School Supplement 113-097, February 2013. (Revised March 2013.) View Details
- Eccles, Robert G., George Serafeim, and Sarah E. Farrell. "CalSTRS and Relational Challenge Occidental's Governance (C)." Harvard Business School Supplement 113-098, February 2013. (Revised March 2013.) View Details
- Eccles, Robert G., George Serafeim, and Shelley Xin Li. "Dow Chemical: Innovating for Sustainability." Harvard Business School Case 112-064, January 2012. (Revised June 2013.) View Details
- Eccles, Robert G., George Serafeim, and Kyle Armbrester. "Tough Decisions at Marks and Spencer." Harvard Business School Case 112-062, January 2012. (Revised September 2015.) View Details
- Eccles, Robert G., Amy C. Edmondson, George Serafeim, and Sarah E. Farrell. "Intel: Exploring Market Opportunities in Water." Harvard Business School Case 412-100, January 2012. (Revised April 2012.) View Details
- Eccles, Robert G., George Serafeim, and Pippa Armbrester. "Integrated Reporting in South Africa." Harvard Business School Case 413-038, September 2012. (Revised November 2012.) View Details
- Serafeim, George, and Andrew Knauer. "First Quantum Minerals vs. Eurasian Natural Resources." Harvard Business School Case 112-083, February 2012. View Details
- Serafeim, George, and Kyle Welch. "Ultimate Fighting Championship: License to Operate (B)." Harvard Business School Supplement 112-081, January 2012. (Revised November 2012.) View Details
- Eccles, Robert G., George Serafeim, and Asun Cano-Escoriaza. "Developing the Materiality Matrix at Telefónica." Harvard Business School Case 413-088, December 2012. (Revised October 2013.) View Details
- Serafeim, George, Robert G. Eccles, and Kyle Armbrester. "Aviva Investors." Harvard Business School Case 112-047, December 2011. (Revised May 2015.) View Details
- Eccles, Robert G., George Serafeim, and Phillip Andrews. "Mandatory Environmental, Social, and Governance Disclosure in the European Union." Harvard Business School Case 111-120, June 2011. (Revised February 2013.) View Details
- Healy, Paul M., George Serafeim, and David Lane. "Wealth Management Crisis at UBS (B)." Harvard Business School Supplement 111-090, March 2011. (Revised February 2018.) View Details
- Healy, Paul M., George Serafeim, and David Lane. "Wealth Management Crisis at UBS (A)." Harvard Business School Case 111-082, March 2011. (Revised December 2019.) View Details
- Eccles, Robert G., George Serafeim, and Tiffany A. Clay. "KKR: Leveraging Sustainability." Harvard Business School Case 112-032, September 2011. (Revised March 2012.) View Details
- Eccles, Robert G., George Serafeim, Shelley Xin Li, and Alan Knight. "Allied Electronics Corporation Ltd: Linking Compensation to Sustainability Metrics." Harvard Business School Case 412-075, November 2011. (Revised June 2013.) View Details
- Eccles, Robert G., George Serafeim, and James Heffernan. "Natura Cosméticos, S.A." Harvard Business School Case 412-052, November 2011. (Revised June 2013.) View Details
- Serafeim, George, Paul M. Healy, and Aldo Sesia. "Oddo Securities―ESG Integration." Harvard Business School Case 111-085, June 2011. (Revised January 2013.) View Details
- Serafeim, George, Robert G. Eccles, and Tiffany A. Clay. "GoodGuide." Harvard Business School Case 112-031, September 2011. (Revised May 2012.) View Details
- Eccles, Robert G., George Serafeim, and Pippa Eccles. "Hassina Sherjan." Harvard Business School Case 112-029, September 2011. (Revised September 2015.) View Details
- Serafeim, George, Robert G. Eccles, and Tiffany A. Clay. "Caesars Entertainment: CodeGreen." Harvard Business School Case 111-115, March 2011. (Revised August 2012.) View Details
- Eccles, Robert G., George Serafeim, and Beiting Cheng. "Foxconn Technology Group (A)." Harvard Business School Case 112-002, July 2011. (Revised June 2013.) View Details
- Serafeim, George, and Kyle Welch. "Ultimate Fighting Championship: License to Operate (A)." Harvard Business School Case 112-011, July 2011. (Revised November 2012.) View Details
- Eccles, Robert G., George Serafeim, and Beiting Cheng. "Foxconn Technology Group (B)." Harvard Business School Supplement 112-058, November 2011. (Revised February 2012.) View Details
- Palepu, Krishna G., and George Serafeim. "Leasing Decision at Magnet Beauty Products, Inc." Harvard Business School Case 111-039, September 2010. (Revised September 2011.) View Details
- Ramanna, Karthik, and George Serafeim. "Urban Water Partners (A) (CW)." Harvard Business School Spreadsheet Supplement 111-701, August 2010. (Revised December 2010.) View Details
- Ramanna, Karthik, and George Serafeim. "Urban Water Partners (B) (CW)." Harvard Business School Spreadsheet Supplement 111-704, December 2010. View Details
- Ramanna, Karthik, and George Serafeim. "Urban Water Partners (A) Spreadsheet Solutions (CW)." Harvard Business School Spreadsheet Supplement 111-705, December 2010. View Details
- Ramanna, Karthik, and George Serafeim. "Urban Water Partners (B) Spreadsheet Supplement (CW)." Harvard Business School Spreadsheet Supplement 111-706, December 2010. View Details
- Ramanna, Karthik, George Serafeim, and Aldo Sesia. "Urban Water Partners (A)." Harvard Business School Case 111-016, August 2010. (Revised January 2013.) View Details
- Ramanna, Karthik, George Serafeim, and Aldo Sesia. "Urban Water Partners (B)." Harvard Business School Supplement 111-029, August 2010. (Revised January 2013.) View Details
- Healy, Paul M., Krishna G. Palepu, and George Serafeim. "Subprime Crisis and Fair-Value Accounting." Harvard Business School Case 109-031, October 2008. (Revised August 2009.) View Details
- Teaching Notes
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- Deshpandé, Rohit, Aiyesha Dey, and George Serafeim. "BlackRock: Linking Purpose to Profit." Harvard Business School Teaching Note 121-089, May 2021. View Details
- Serafeim, George, and Ethan Rouen. "Redefining Mogul." Harvard Business School Teaching Note 121-030, October 2020. View Details
- Serafeim, George, and David Freiberg. "Summa Equity: Building Purpose-Driven Organizations." Harvard Business School Teaching Plan 119-034, September 2018. (Revised April 2019.) View Details
- Serafeim, George. "Harlem Capital: Changing the Face of Entrepreneurship." Harvard Business School Teaching Plan 121-027, September 2020. View Details
- Serafeim, George, Michael W. Toffel, and Stacy Straaberg. "Vytal: Packaging-as-a-Service." Harvard Business School Teaching Note 125-003, January 2025. View Details
- Serafeim, George. "Risks, Opportunities, and Investments in the Era of Climate Change (ROICC)." Harvard Business School Course Overview Note 125-052, October 2024. View Details
- Serafeim, George. "Recycle & Re-Match: The Future of Soccer Turfs." Harvard Business School Teaching Plan 125-033, August 2024. (Revised March 2025.) View Details
- Serafeim, George. "KOKO Networks: Bridging Energy Transition and Affordability with Carbon Financing." Harvard Business School Teaching Plan 124-105, July 2024. View Details
- Serafeim, George. "Elon Musk at Tesla." Harvard Business School Teaching Plan 124-104, July 2024. View Details
- Serafeim, George. "Recycle & Re-Match: The Future of Soccer Turfs." Harvard Business School Multimedia/Video Supplement 124-707, April 2024. View Details
- Serafeim, George, Michael Norris, and ZeSean Ali. "Seeds of Innovation: GALY's Quest to Cultivate the Future of Agriculture in the Lab." Harvard Business School Teaching Plan 124-081, April 2024. View Details
- Serafeim, George. "Sustainable Finance at Itau BBA." Harvard Business School Teaching Plan 124-097, June 2024. View Details
- Serafeim, George. "Investing in the Climate Transition at Neuberger Berman." Harvard Business School Teaching Plan 124-098, July 2024. View Details
- Serafeim, George. "Teaching Plan: EKI Energy Services: One Billion Carbon Credits." Harvard Business School Teaching Plan 124-099, June 2024. View Details
- Serafeim, George. "Business Implications from Regulating Carbon Emissions in the EU." Harvard Business School Teaching Plan 124-103, July 2024. View Details
- Serafeim, George. "Roche: Innovation and Access to Healthcare." Harvard Business School Teaching Note 124-028, September 2023. (Revised September 2023.) View Details
- Serafeim, George. "Apple’s iPhone Revolution: Pioneering the Circular Economy." Harvard Business School Teaching Note 124-026, September 2023. View Details
- Lu, Shirley, George Serafeim, and Michael W. Toffel. "Driving Decarbonization at BMW." Harvard Business School Teaching Note 123-049, November 2022. (Revised April 2025.) View Details
- Serafeim, George. "JetBlue: Relevant Sustainability Leadership (A) & (B)." Harvard Business School Teaching Plan 123-057, December 2022. View Details
- Serafeim, George, Ethan Rouen, and Katie Panella. "Valuing Employment Case Spreadsheet Supplement." Harvard Business School Spreadsheet Supplement 121-091, May 2021. View Details
- Serafeim, George, and Ethan Rouen. "Valuing Employment." Harvard Business School Teaching Plan 121-087, April 2021. View Details
- Serafeim, George, Ethan Rouen, and David Freiberg. "SK Group: Social Progress Credits." Harvard Business School Teaching Plan 120-112, May 2020. View Details
- Di Maggio, Marco, Ethan Rouen, and George Serafeim. "Facebook's Libra: The Privatization of Money?" Harvard Business School Teaching Note 220-048, December 2019. (Revised February 2022.) View Details
- Serafeim, George, and David Freiberg. "Wealth Management Crisis at UBS (A) and (B)." Harvard Business School Teaching Plan 118-065, February 2018. View Details
- Serafeim, George, and David Freiberg. "Omar Selim: Building a Values-Based Asset Management Firm (A) and (B)." Harvard Business School Teaching Note 117-011, January 2017. (Revised February 2017.) View Details
- Serafeim, George, and David Freiberg. "21st Century Populism." Harvard Business School Technical Note 118-029, November 2017. View Details
- Serafeim, George, and David Freiberg. "ExxonMobil: Business as Usual? (A) and (B)." Harvard Business School Teaching Plan 117-057, April 2017. (Revised March 2019.) View Details
- Serafeim, George, Rebecca Henderson, and David Freiberg. "CLP: Powering Asia." Harvard Business School Teaching Plan 117-053, April 2017. View Details
- Serafeim, George, and David Freiberg. "Turnaround at Norsk Gjenvinning (A) and (B)." Harvard Business School Teaching Note 117-037, October 2016. (Revised February 2019.) View Details
- Serafeim, George, and Jody Grewal. "ESG Metrics: Reshaping Capitalism?" Harvard Business School Technical Note 116-037, March 2016. (Revised April 2019.) View Details
- Serafeim, George, Rebecca Henderson, and David Freiberg. "Shanghai: GDP Apostasy." Harvard Business School Case 115-042, March 2015. (Revised February 2017.) View Details
- Serafeim, George. "Aviva Investors." Harvard Business School Teaching Note 115-058, May 2015. View Details
- Serafeim, George. "Statoil: Transparency on Payments to Governments." Harvard Business School Teaching Note 115-054, May 2015. View Details
- Serafeim, George, Rebecca Henderson, and David Freiberg. "Shanghai: GDP Apostasy." Harvard Business School Teaching Note 115-065, June 2015. (Revised February 2017.) View Details
- Serafeim, George. "Greece's Debt: Sustainable?" Harvard Business School Teaching Note 115-064, June 2015. View Details
- Eccles, Robert G., George Serafeim, and Michael P. Krzus. "A Note on Materiality for Nonfinancial Information." Harvard Business School Background Note 314-033, August 2013. (Revised November 2013.) View Details
- Serafeim, George, Robert G. Eccles, and Sydney Ribot. "Natura Cosméticos, S.A. (TN)." Harvard Business School Teaching Note 113-103, February 2013. View Details
- Serafeim, George. "Ultimate Fighting Championship: License to Operate (A) & (B) (TN)." Harvard Business School Teaching Note 113-034, September 2012. (Revised March 2013.) View Details
- Eccles, Robert G., and George Serafeim. "Foxconn Technology Group (A) and (B) (TN)." Harvard Business School Teaching Note 413-055, August 2012. (Revised March 2013.) View Details
- Eccles, Robert G., George Serafeim, Pippa Armbrester, and Jess Schulschenk. "A Note on the International Integrated Reporting Council: Towards An International Framework ." Harvard Business School Technical Note 413-072, November 2012. View Details
- Palepu, Krishna G., and George Serafeim. "Leasing Decision at Magnet Beauty Products, Inc. (TN)." Harvard Business School Teaching Note 111-089, April 2011. View Details
- Healy, Paul, Krishna G. Palepu, and George Serafeim. "Subprime Crisis and Fair-Value Accounting (TN)." Harvard Business School Teaching Note 112-027, August 2011. View Details
- Eccles, Robert G., George Serafeim, Mayuka Yamazaki, and Akiko Kanno. "An Aging Society." Harvard Business School Background Note 112-074, December 2011. View Details
- Eccles, Robert G., Amy C. Edmondson, George Serafeim, and Sarah E. Farrell. "A Note on Water." Harvard Business School Background Note 412-050, August 2011. (Revised February 2012.) View Details
- Ramanna, Karthik, and George Serafeim. "Urban Water Partners (TN) (A) and (B)." Harvard Business School Teaching Note 111-067, December 2010. View Details
- Serafeim, George. "Sustainable Product Management at Solvay." Harvard Business School Teaching Note 122-081, March 2022. View Details
- Working Papers
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- Serafeim, George. "ESG: From Process to Product." Harvard Business School Working Paper, No. 23-069, May 2023. View Details
- Lu, Shirley, George Serafeim, and Simon Xu. "Catalysts for Climate Solutions: Corporate Responses to Venture Capital Financing of Climate-tech Startups." Harvard Business School Working Paper, No. 25-025, November 2024. View Details
- Lu, Shirley, Edward J. Riedl, Simon Xu, and George Serafeim. "Climate Solutions, Transition Risk, and Stock Returns." Harvard Business School Working Paper, No. 25-024, November 2024. View Details
- Loumioti, Maria, and George Serafeim. "The Issuance and Design of Sustainability-linked Loans." Harvard Business School Working Paper, No. 23-027, November 2022. View Details
- Serafeim, George, and Gladys Vélez Caicedo. "Machine Learning Models for Prediction of Scope 3 Carbon Emissions." Harvard Business School Working Paper, No. 22-080, June 2022. View Details
- Serafeim, George. "ESG: Hyperboles and Reality." Harvard Business School Working Paper, No. 22-031, November 2021. View Details
- Fadhel, Adel, Katie Panella, Ethan Rouen, and George Serafeim. "Accounting for Employment Impact at Scale." Harvard Business School Working Paper, No. 22-018, December 2021. View Details
- Serafeim, George, and Katie Trinh. "Impact Accounting for Product Use: A Framework and Industry-specific Models." Harvard Business School Working Paper, No. 21-141, June 2021. View Details
- Freiberg, David, Jody Grewal, and George Serafeim. "Science-Based Carbon Emissions Targets." Harvard Business School Working Paper, No. 21-108, March 2021. View Details
- Freiberg, David, Jean Rogers, and George Serafeim. "How ESG Issues Become Financially Material to Corporations and Their Investors." Harvard Business School Working Paper, No. 20-056, November 2019. (Revised November 2020.) View Details
- Kaplan, Robert S., George Serafeim, and Eduardo Tugendhat. "Intelligent Design of Inclusive Growth Strategies." Harvard Business School Working Paper, No. 20-050, October 2019. View Details
- Ioannou, Ioannis, and George Serafeim. "Corporate Sustainability: A Strategy?" Harvard Business School Working Paper, No. 19-065, January 2019. (Revised April 2021.) View Details
- Serafeim, Georgios. "Why and How Investors Use ESG Information: Evidence from a Global Survey." Harvard Business School Working Paper, No. 17-079, February 2017. View Details
- Healy, Paul, and George Serafeim. "Who Pays for White-Collar Crime?" Harvard Business School Working Paper, No. 16-148, June 2016. View Details
- Impact-Weighted Accounts
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- Serafeim, George, Ethan Rouen, and Katie Panella. "Valuing Employment Exercise." Harvard Business School Exercise 121-086, April 2021. View Details
- Fadhel, Adel, Katie Panella, Ethan Rouen, and George Serafeim. "Accounting for Employment Impact at Scale." Harvard Business School Working Paper, No. 22-018, December 2021. View Details
- Serafeim, George, and Katie Trinh. "Impact Accounting for Product Use: A Framework and Industry-specific Models." Harvard Business School Working Paper, No. 21-141, June 2021. View Details
- Rouen, Ethan, and George Serafeim. "Impact-Weighted Financial Accounts: A Paradigm Shift." CESifo Forum 22, no. 3 (May 2021): 20–25. View Details
- Panella, Katie, and George Serafeim. "Measuring Employment Impact: Applications and Cases." Harvard Business School Working Paper, No. 21-082, January 2021. (Revised August 2021.) View Details
- Freiberg, David, DG Park, George Serafeim, and T. Robert Zochowski. "Corporate Environmental Impact: Measurement, Data and Information." Harvard Business School Working Paper, No. 20-098, March 2020. (Revised February 2021.) View Details
- Freiberg, David, Katie Panella, George Serafeim, and T. Robert Zochowski. "Accounting for Organizational Employment Impact." Harvard Business School Working Paper, No. 21-050, October 2020. (Revised August 2021.) View Details
- Rischbieth, Amanda, George Serafeim, and Katie Trinh. "Accounting for Product Impact in the Consumer-Packaged Foods Industry." Harvard Business School Working Paper, No. 21-051, October 2020. (Revised October 2021.) View Details
- Serafeim, George, and Katie Trinh. "Accounting for Product Impact in the Airlines Industry." Harvard Business School Working Paper, No. 21-066, November 2020. (Revised February 2021.) View Details
- Serafeim, George, and Katie Trinh. "Accounting for Product Impact in the Water Utilities Industry." Harvard Business School Working Paper, No. 21-104, March 2021. View Details
- Serafeim, George, and Katie Trinh. "Accounting for Product Impact in the Telecommunications Industry." Harvard Business School Working Paper, No. 21-105, March 2021. (Revised May 2021.) View Details
- Park, DG, George Serafeim, and Katie Trinh. "Accounting for Product Impact in the Interactive Media and Services Industry." Harvard Business School Working Paper, No. 21-134, June 2021. View Details
- Rischbieth, Amanda, George Serafeim, and Katie Trinh. "Accounting for Product Impact in the Pharmaceuticals Industry." Harvard Business School Working Paper, No. 21-139, June 2021. View Details
- Panella, Katie, George Serafeim, and Katie Trinh. "Accounting for Product Impact in the Oil and Gas Industry." Harvard Business School Working Paper, No. 21-140, June 2021. View Details
- Serafeim, George, Ethan Rouen, and David Freiberg. "SK Group: Social Progress Credits." Harvard Business School Case 120-071, January 2020. View Details
- Serafeim, George. "Companies Must Include Environmental and Social Performance Measures." Financial Times (February 24, 2020). View Details
- Cohen, Ronald, and George Serafeim. "How to Measure a Company's Real Impact." Harvard Business Review (website) (September 3, 2020). View Details
- Serafeim, George, and Katie Trinh. "A Framework for Product Impact-Weighted Accounts." Harvard Business School Working Paper, No. 20-076, January 2020. (Revised October 2020.) View Details
- Park, DG, George Serafeim, and T. Robert Zochowski. "Measuring the Cost of Corporate Water Usage." Harvard Business School Working Paper, No. 21-036, September 2020. View Details
- Serafeim, George, and Katie Trinh. "Accounting for Product Impact in the Consumer Finance Industry." Harvard Business School Working Paper, No. 21-061, November 2020. (Revised December 2020.) View Details
- Serafeim, George, T. Robert Zochowski, and Jennifer Downing. "Impact-Weighted Financial Accounts: The Missing Piece for an Impact Economy." White Paper, Harvard Business School, Boston, MA, September 2019. View Details
- Other Publications and Materials
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- Horton, Joanne G., Richard H. Macve, and George Serafeim. An Experiment in Fair Value Accounting? The State of the Art in Research and Thought Leadership on Accounting for Life Assurance in the UK and Continental Europe. London, UK: Institute of Chartered Accountants in England and Wales, Centre for Business Performance, 2007. View Details
- Awards & Honors
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Winner of the 2022 Graham and Dodd Scroll Award from the Financial Analysts Journal for “Which Corporate ESG News Does the Market React To?” (2022) with Aaron Yoon.Winner of the 2022 Journal of International Business Studies (JIBS) Decade Award with Ioannis Ioannou for their article "What Drives Corporate Social Performance? The Role of Nation-level Institutions" (December 2012).Winner of the 2021 Richard A. Crowell Memorial Award, First Prize, from PanAgora Asset Management’s Quantitative Research Institute for his paper with Aaron Yoon, “Stock Price Reactions to ESG News: The Role of ESG Ratings and Disagreement."Winner of the 2020 Graham and Dodd Scroll Award from the Financial Analysts Journal for “Public Sentiment and the Price of Corporate Sustainability” (2020).Awarded the 2019 Kim B. Clark Fellowship in Responsible Leadership at Saїd Business School at Oxford University.Winner of Aspen Institute’s 2017 Ideas Worth Teaching Award in the Corporate Purpose & Leadership category for the MBA course Reimagining Capitalism: Business and the Big Problems with Rebecca Henderson.Winner of the 2017 Page Prize for Sustainability Issues in Business Curricula for the MBA course “Reimagining Capitalism: Business and the Big Problems” with Rebecca Henderson.Recipient of the 2018 Outstanding Service-National Meeting Co-coordinator Award from the Financial Accounting and Reporting Section (FARS) of the American Accounting Association with Lian Fen Lee.Received a 2017 Emerald Management Review Citation of Excellence Award for "Corporate Social Responsibility and Access to Finance" with Beiting Cheng and Ioannis Ioannou (Strategic Management Journal, 2014).Winner of the inaugural Pericles Leadership Award from the American-Hellenic Chamber of Commerce and Japonica Partners in 2015.Winner of the second place 2013 Hermes Fund Managers' Best Paper Prize for the paper "Causes and Consequences of Firm Disclosures of Anticorruption Efforts" (with Paul Healy, Harvard Business School Working Paper, No. 12–077, 2012).Runner-up for the 2013 Whitebox Grant for Research in the Behavioral Sciences for the paper with Mozaffar Khan and Leonid Kogan, "Mutual Fund Trading Pressure: Firm-Level Stock Price Impact and Timing of SEOs" (Journal of Finance, 2012).Received the Scandinavian Private Bank (SEB) Award at the 2011 PRI-Mistra Conference for his paper with Beiting Cheng and Ioannis Ioannou, “Corporate Social Responsibility and Access to Finance" (Strategic Management Journal, forthcoming).Selected for publication in the 2010 Academy of Management Best Paper Proceedings for "The Impact of Corporate Social Responsibility on Investment Recommendations," coauthored with Ioannis Ioannou.Won the 2010 Wyss Award for Excellence in Doctoral Research.
- Additional Information
- Areas of Interest
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- artificial intelligence
- business transformation
- corporate culture
- corporate governance
- strategy
- accounting
- capital markets
- corporate accountability
- corporate culture
- corporate finance
- corruption
- fair value accounting
- financial reporting
- financial statement analysis
- insurance and reinsurance
- international accounting
- leadership
- valuation
- asset management
- automobiles
- fashion
- food
- green technology
- industrial goods
- insurance industry
- Africa
- China
- Europe
- Japan
- Latin America
- Southeast Asia
- United States
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