Filter Results:
(504)
Show Results For
- All HBS Web (700)
- Faculty Publications (182)
Show Results For
- All HBS Web (700)
- Faculty Publications (182)
Sort by
- August 2018 (Revised August 2019)
- Technical Note
A Note on Compensation
By: Ethan Bernstein and Michael Norris
This note provides an overview of the important terms, concepts, and frameworks that a manager should know about compensation—whether it be their own or that of an employee. Because compensation in practice is fraught with pitfalls, this note presents an overview of... View Details
Keywords: Compensation Design; Benefits; Perks; Variable Compensation; Compensation and Benefits; Executive Compensation; Stock Options; Profit Sharing; Job Design and Levels; Labor Unions; Wages; United States
Bernstein, Ethan, and Michael Norris. "A Note on Compensation." Harvard Business School Technical Note 419-020, August 2018. (Revised August 2019.)
- 06 Dec 2016
- First Look
December 6, 2016
advantage is modeled as a stock of capability that accumulates over time, a firm's proclivity to manage short-term earnings at the expense of long-term investment can have very different consequences... View Details
Keywords: Sean Silverthorne
- 08 Jul 2002
- What Do You Think?
Have We Carried the Concept of Alignment Too Far?
desires) ... Why should it be any different for the high-flyers? If they are truly good, is it really necessary to pay them more than they can ever hope to spend?" As Stever Robbins says, "Alignment is still a great idea. We've not seen alignment with recent... View Details
Keywords: by James Heskett
- November 1994 (Revised November 1994)
- Case
MW Petroleum Corporation (A)
By: Timothy A. Luehrman, Peter Tufano and Barbara Wall
Amoco Corp. is negotiating to sell a wholly-owned subsidiary, MW Petroleum, to Apache Corp. MW owns large reserves of oil and gas comprising many properties at different stages of engineering, development, and production. The proposed acquisition is a large one for... View Details
Keywords: Acquisition; Business Subsidiaries; Mining; Cash Flow; Stock Options; Financing and Loans; Price; Negotiation; Production; Valuation; Mining Industry
Luehrman, Timothy A., Peter Tufano, and Barbara Wall. "MW Petroleum Corporation (A)." Harvard Business School Case 295-029, November 1994. (Revised November 1994.)
- 14 Jul 2006
- Op-Ed
The Case for Consumer-Driven Medicaid
legislators who decline to raise taxes and, instead, attempt to control these costs, face three choices: Cut Medicaid expenses through reductions in enrollment, benefits, and provider reimbursement; cut other state expenditures for the... View Details
Keywords: by Regina E. Herzlinger
- 01 May 2006
- Research & Ideas
What Companies Lose from Forced Disclosure
additional career risk from the disclosure. Disclosures inform the labor market about ability, but management may be able to do relatively little to change the outcome of those disclosures. For example, a disclosure about stock View Details
- 30 Nov 2016
- Op-Ed
Where Could More Regulation Help Small Businesses? Online Lending.
paperwork, borrowers complete applications in minutes, with approval times cut to days, or even just a few minutes. And, in instances where borrowers want to shop and compare myriad options in one place, they can turn to marketplaces like... View Details
- 08 Oct 2010
- What Do You Think?
Will Transparency in CEO Compensation Have Unintended Consequences?
can report from experience that differences in philosophy concerning compensation, say between Europe and the U.S., pose real issues. Not only do European CEOs and board members regard U.S. levels of CEO compensation as bordering on insanely generous, they are wary of... View Details
Keywords: by Jim Heskett
- 06 Feb 2006
- What Do You Think?
Should CEOs of Public Companies Offer Earnings Guidance?
is advocating disclosure of CEO pay packages, including the value of large stock option grants which many might conclude produce similar pressures for short-term performance? What do you think? View Details
- 15 Jul 2008
- First Look
First Look: July 15, 2008
replication technique behind the Black-Scholes/Merton options model. The simulations focus on a single stock and a risk-free discount bond, which are used to replicate a contingent payoff. The underlying... View Details
Keywords: Martha Lagace
- 21 Apr 2003
- Research & Ideas
Are Crummy Products Your Next Growth Opportunity?
explored how great companies often lose their ability to innovate and eventually fail at the hands of much smaller, "disruptive" competitors. "Basically any stock you wish you have owned started out as a disruptive... View Details
Keywords: by Sean Silverthorne
- 28 Nov 2012
- What Do You Think?
Should Pay-for-Performance Compensation be Replaced?
compensation at least since proponents of agency theory 25 years ago began advocating the use of stock options in compensation packages. Its use is a source of praise in the evaluation of governance by... View Details
Keywords: by James Heskett
- 27 Oct 2009
- First Look
First Look: October 27
literacy stifle demand. A second view argues that demand is rationally low, because formal financial services are expensive and of relatively low value to the poor. This paper uses original surveys and a field experiment to distinguish... View Details
Keywords: Martha Lagace
- 14 Sep 2007
- Research & Ideas
How to Profit from Scarcity
Second, VW factories "fully loaded" the New Beetles with options to maximize the unit margin that VW and the dealers extracted on each vehicle. Third, VW incented its dealers to stock up on... View Details
- 27 May 2009
- First Look
First Look: May 27, 2009
Working PapersThe Long-Run Risks Model and Aggregate Asset Prices: An Empirical Assessment Authors:Jason Beeler and John Y. Campbell Abstract The long-run risks model of asset prices explains stock price variation as a response to... View Details
Keywords: Martha Lagace
- 12 Oct 1999
- Research & Ideas
Rapid Response: Inside the Retailing Revolution
get what they wanted. Choices were more limited, delivery time was measured in months, and warehouses were typically piled high with mountains of expensive inventory—often comprised of too many unpopular products and too few hot sellers.... View Details
- 28 Apr 2010
- Research & Ideas
Earth Day Reflections
Weapon", was originally published on Harvard Business Review's faculty blog on April 19, 2010.) Spring brings April showers, May flowers—and a flurry of annual reports. Mine have been arriving in the mail, and I am always interested to see what the companies I own... View Details
Keywords: by Staff
- 18 Jul 2005
- Research & Ideas
Time to Rethink the Corporate Tax System?
between book and tax income, and yet this disparity has been growing. Other factors such as the peculiar accounting treatment of stock option compensation and differential treatment of overseas income,... View Details
Keywords: by Ann Cullen
- 10 Nov 2009
- First Look
First Look: Nov. 10
insider stock purchases are significantly greater after SOX than before. Abnormal trading volumes around filings of insider sales are also greater post-SOX on average, but stock returns are not more... View Details
Keywords: Martha Lagace
- 30 Jun 2008
- Research & Ideas
Rethinking Retirement Planning
to be known as the Black-Scholes option pricing model. "Don't misunderstand me—getting some education about your financial affairs is a good idea, just as having some understanding of your medical needs is a good idea," Merton... View Details