Conglomerates - Publications - Faculty & Research

Robert T. B. Stevens

plant closings and relocations, expansion into new fabric areas, and numerous other cost-saving measures that helped the large textile conglomerate remain successful throughout Stevens’ tenure. View Details

Keywords: Fabric & Apparel

Victor Emanuel

including the Crosley Corporation for $20 million in 1945 and Bendix Home Appliances in 1950. These purchases helped to transform AVCO into one of the early conglomerates by the early 1950s. View Details

Keywords: Automotive & Aerospace

2021
Working Paper

Governance Transparency and Firm Value: Evidence from Korean Chaebols

By: Akash Chattopadhyay, Sa-Pyung Sean Shin and Charles C.Y. Wang

We examine Korean business groups' transition from circular-shareholding structures to (relatively simple) pyramidal-shareholding structures between 2011 and 2018. When firms were removed from ownership loops, chaebol families' control or incentive conflicts in them... View Details

Keywords: Business Groups; Cross Shareholding; Circular Shareholding; Pyramidal Ownership; Governance Transparency; Ownership Transparency; Earnings Response Coefficient; Business Conglomerates; Corporate Governance; Valuation; Business Earnings

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14 Apr 2023
Blog Post

New MBA Course Asks Students: What’s More Important—Purpose or Profits?

he made financial inclusion a priority for the insolvent bank that he was asked to lead, and how he ultimately transformed it into one of the largest banking conglomerates in Africa. Lagercrantz discussed why and how he built what is... View Details

November 2006 (Revised August 2008)
Supplement

China Resources Corporation (B): China Resources Microelectronics

By: Dennis Campbell and David Lane

Supplements the (A) case. Late in October 2006, China Resources (Holdings) Co., Ltd. (CRC) CEO Charlie Song Lin, CFO Jiang Wel, and Information Center GM Derek Cheng were traveling from Hong Kong to Wuxi, China to attend the first ever meeting of China Resources... View Details

Keywords: Accounting; Business Conglomerates; Profit; Governance Controls; Management Systems; Business Strategy; China

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June 2016 (Revised December 2017)
Case

The Cheese and the Oligarchs: The Politics, the Media, and Israel's Dream of a Start-Up Nation

By: Rafael Di Tella and Christine Snively

Israel enjoyed the highest concentration of technology start-ups in the world per capita. Despite regional instability, the country maintained strong economic growth and was considered a high-tech powerhouse. But not all Israelis benefited. Between the 1980s and 2010s,... View Details

Keywords: Entrepreneurship; Information Technology; Business Conglomerates; Business Startups; Israel

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January 2011 (Revised August 2011)
Supplement

Kanebo Ltd. (B)

By: David F. Hawkins, Suraj Srinivasan and Akiko Kanno

Financial statements before and after restatement following revelation of fraud. View Details

Keywords: Cost Accounting; Financial Statements; Crime and Corruption; Business Conglomerates; Japan

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25 Sep 2017
News

Challenge for Honeywell’s New CEO: Keep Up the Winning Streak

Career Coach

Sarah Guezmir

Sarah has devoted her career to payer/provider healthcare, with experience working for companies ranging from late-stage startups to large conglomerates in the space. She also spent multiple years consulting for healthcare businesses in... View Details

July 2024
Module Note

Organization: Managing the Corporation

By: David J. Collis

Ongoing management of the corporate portfolio is critical to realizing value in diversified companies. This requires designing and administering structures, systems, and processes appropriate for the set of businesses and the resources that underpin value creation... View Details

Keywords: Organization; Corporate Strategy; Business Conglomerates; Business or Company Management; Diversification; Value Creation

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01 Dec 2007
News

A View from the Top

devoted time and resources to protecting the world’s wide-open spaces. Two of this year’s winners cited family life. “Finding a balance is something I’m proud about,” remarked Jaime Augusto Zobel de Ayala (MBA ’87), leader of the 173-year-old Ayala Corporation, a View Details

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

24 Aug 2017
News

Jeffrey Immelt: How I Remade GE

“For the past 16 years GE has been undergoing the most consequential makeover in its history,” departing CEO Jeff Immelt (MBA 1982) writes in Harvard Business Review. “We were a classic conglomerate. Now people are calling us a 125-year-old start-up—we’re a digital... View Details

01 Apr 1997
News

Guitar Hero

Berryman and Gary A. Zebrowski purchased the near-bankrupt Nashville, Tennessee, company in 1986. Gibson was suffering from the neglect and mismanagement of its previous owner of nearly twenty years - an Ecuadorian conglomerate that... View Details

Keywords: Garry Emmons

July 2003 (Revised August 2006)
Case

House of Tata-2000: The Next Generation (B)

By: Tarun Khanna, Krishna G. Palepu, Catherine M. Conneely and Kirsten O'Neil Massaro

Supplements the (A) case. View Details

Keywords: Alliances; Business Conglomerates; Emerging Markets; Cost; Management Teams; India

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22 Aug 2016
News

The Future of GE

General Electric, now 124 years old, is looking to the future, CEO Jeff Immelt (MBA 1982) recently told Vanity Fair. When Immelt took the helm of GE in 2001, it was a diverse conglomerate. Now, Immelt said, “we’ve exited almost all of financial services. We’ve exited... View Details

01 Mar 2023
News

The Latest Model

broader economy. Prysm was retained recently by a large conglomerate to help design a crypto token, in a highly regulated jurisdiction. “They came to us and said, we need a token economic model that does the things we want to achieve and... View Details

Keywords: Alexander Gelfand; blockchain; cryptocurrency; economic models; innovation; consulting; Management, Scientific, and Technical Consulting Services; Professional Services

01 Dec 2018
News

Sustaining Business And Society For The Long Term

partnerships, values-driven leadership, fi duciary duties, and the blurring of lines between government and business. Three cases focus on issues encountered by Unilever—one of which examines how the multinational conglomerate deals with... View Details

01 Aug 2001
News

William F. Connell (MBA '63)

expensive, and many observers were questioning the ability of this country to compete in the world economy. Convinced that the postindustrial era had arrived in America, the chairman of the Ogden Corporation, a giant New York-based View Details

Keywords: Alumni Achievement Award; William F. Connell (MBA 1963); James O.Dunn; Manufacturing