Employee Stock Ownership Plans - Publications - Faculty & Research

September 2021
Case

Brown Capital Management

By: Luis M. Viceira, Emily R. McComb and Sarah Mehta

Set in July 2021, this case looks at several growth strategies under consideration at Brown Capital, the second-oldest Black-owned asset management firm in the U.S. Since its 1983 founding, Baltimore-based Brown Capital has specialized in small company growth... View Details

Citation

Educators

Purchase

06 Feb 2006
Research & Ideas

The Trouble Behind Livedoor

early 2003 would have 10,000 shares today. Why would a company want to cut the trading price of its stock by so much? A: In a stock split, each share of the firm is divided into more units, but the... View Details

Keywords: by Sean Silverthorne; Financial Services; Technology

Howard Schultz

Not only did Schultz foresee that a large-scale coffee shop chain was a lucrative business, but he maintained Starbucks lead through a combination of customer and employee satisfaction plans. Schultz’s plan... View Details

Keywords: Restaurants & Lodging

02 Oct 2000
Research & Ideas

Networked Incubators: Hothouses of the New Economy

Business incubators are a booming industry. Offering office space, funding, and basic services to start-ups, these organizations have become the hottest way to nurture and grow fledgling businesses. But are incubators a fleeting phenomenon born of an overheated View Details

Keywords: by Morten T. Hansen, Henry W. Chesbrough, Nitin Nohria & Donald N. Sull

07 Apr 2015
First Look

First Look: April 7

in the capital structure of bankrupt firms according to their institutional type and track them from the initial filing until the vote on the plan of reorganization. We document several novel facts about the role of different... View Details

Keywords: Sean Silverthorne

March 2000 (Revised May 2000)
Case

U.S. Gas Transportation, Inc.

By: John A. Davis, Myra M. Hart and Sharon Peyus

Presents a career dilemma for a husband/wife owner-manager team. Nanci and Len Mackenzie have received an offer for their highly successful entrepreneurial business, U.S. Gas Transportation, Inc. The Mackenzies are concerned about what the sale might do to their... View Details

Keywords: Entrepreneurship; Family Ownership; Family Business; Personal Development and Career; Organizational Culture; Employees; Business Exit or Shutdown; Planning; Transportation Industry

Citation

Find at Harvard

01 Sep 2009
News

Executive Pay: Onward & Upward

companies to expense (count as a cost) the value of employee stock option grants beginning the following year. 2006 The SEC increases pay disclosure requirements in an attempt to increase transparency.... View Details

Keywords: Corporate Services; Management, Scientific, and Technical Consulting Services; Professional Services

01 Sep 2006
News

East to West

Japan.” A family-controlled but publicly traded company, Sumida was founded in 1956 by Ichiro Yawata, Shiggi’s father. The company reported revenues of 14 billion yen ($112 million) and had 5,200 employees when Shiggi Yawata was appointed... View Details

Keywords: Julia Hanna; Business Schools & Computer & Management Training; Educational Services; Management

01 Dec 2014
News

Case Study: Growing the Family Business

centers in the Cleveland suburbs. The first has been open two years; the second is almost a year old and approaching operational breakeven—about the same timeline as the first center. The team expects to open a new center later this month and View Details

Keywords: childcare; Finance

11 Oct 2006
Research & Ideas

The Success of Reverse Leveraged Buyouts

the market. But when Lerner and Cao started analyzing the actual performance numbers, they saw that conventional wisdom had it wrong. "Reverse LBOs appear to consistently outperform other IPOs and the stock market as a whole. The... View Details

Keywords: by Sean Silverthorne; Banking; Financial Services

01 Sep 2011
News

Capitalism’s False Mantra

Related Links Martin discussing his book One of the most influential papers defining the role of business, “Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure,” was coauthored in 1976 by Michael Jensen, the... View Details

Keywords: Sean Silverthorne; Publishing Industries (except Internet); Information; Management

05 Aug 2002
Research & Ideas

Are Consumers the Cure for Broken Health Insurance?

employers and 92 percent of small ones offer employees only a single health insurance plan. And even when companies offer three or four options, precious little distinguishes them—most managed-care plans... View Details

Keywords: by Regina E. Herzlinger

17 Jan 2007
Op-Ed

Learning from Private-Equity Boards

compensation is an absolute minimum. Third, public companies need a different degree of directors' wealth at risk. According to a recent poll by the Investor Responsibility Research Center, the average dollar value of stock held by... View Details

Keywords: by Malcolm Salter; Financial Services

17 Jul 2000
What Do You Think?

Where Is the Microsoft Board?

Microsoft caused by (2) a defense personally led by Bill Gates and (3) by the failure of the company's board to provide counsel. In the case of a high-tech company where significant ownership rests in the hands of management (e.g... View Details

Keywords: by James Heskett

01 Dec 2019
News

What’s Behind the Explosive Growth of Sustainable Investing?

shareholder engagement: How can shareholders move the needle? One example that Shawn and I worked on was with CalSTRS, the California pension plan for educators. Following the increase in school shootings, there was a lot of pressure on... View Details

Keywords: Jen McFarland Flint

01 Dec 2006
News

Enron’s Legacy

recent poll by the Investor Responsibility Research Center, the average dollar value of stock held by directors of companies with stock ownership guidelines (only 20 percent of... View Details

Keywords: Malcolm S. Salter; Enron; Finance

04 Aug 2009
First Look

First Look: August 4

tax shields of majority-owned PE-backed firms, which reduce their need for nonconforming (i.e., more aggressive) tax strategies. Lastly, we examine how different private ownership structures (e.g., majority PE View Details

Keywords: Martha Lagace

Web

Eligibility | New Venture Competition

project naturally raises issues related to ownership of the work product and attribution of efforts for grading. While the business plan entry itself is not graded as part of the Competition, students are... View Details

10 Nov 2008
What Do You Think?

How Much Can You Ask of Your Customers?

encouraging, how and when we set overall rules for encouraging (volunteerism) and how we plan to assess, monitor, and manage need to (be) addressed." Alden Cushman added: "how information is collected, put into context,... View Details

Keywords: by Jim Heskett

15 Apr 2014
First Look

First Look: April 15

business relations, and then reputation and regulatory relations. The impact on stock price has been much less significant, and this could be attributed to stock prices not reflecting the impact on View Details