Government Ownership - Publications - Faculty & Research

January 2001 (Revised May 2001)
Case

Russia: The End of a Time of Troubles?

Describes Russia's troubled economic transition since 1991, highlights the problem of institutional development, and surveys the challenges President Vladimir Putin faced in 2000. The first section provides a brief synopsis of liberalization, stabilization, and... View Details

Keywords: Transition; Public Sector; Privatization; Economy; Developing Countries and Economies; Government and Politics; Business and Government Relations; Russia

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03 Oct 2012
What Do You Think?

Can We Bring Back the “Industrial Commons” for Manufacturing?

has fallen behind in the competition for a share of the "commons." Peter Sebregondi commented that "companies aim to have the least possible ownership of the capital or assets involved in the value chain," but points... View Details

Keywords: by James Heskett; Manufacturing

28 Aug 2017
Research & Ideas

Should Industry Competitors Cooperate More to Solve World Problems?

Source: Cecilie_Arcurs George Serafeim has a startling suggestion to fix the world’s biggest environmental, social, and governance (ESG) problems such as water pollution, deforestation, and wealth inequality: encourage companies within... View Details

Keywords: by Sean Silverthorne; Financial Services; Manufacturing; Agriculture & Agribusiness; Mining

17 Jan 2007
Op-Ed

Learning from Private-Equity Boards

for corporate boards. The yes answer reflects the fact that many productive aspects of corporate governance and control that have proven effective in the private-equity industry were noticeably absent at Enron. If Enron's board (which was... View Details

Keywords: by Malcolm Salter; Financial Services

2009
Article

Justice at Work: Arguing for Property-Owning Democracy

By: Nien-he Hsieh

Keywords: Ownership; Government and Politics

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2007
Working Paper

Testing Limits to Policy Reversal: Evidence from Indian Privatizations

By: Siddhartha G. Dastidar, Raymond Fisman and Tarun Khanna

We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP was unexpectedly defeated by a less reformist coalition. Stock prices of government-controlled companies that had been slated for definite... View Details

Keywords: Political Elections; Privatization; State Ownership; Policy; India

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31 Mar 2009
First Look

First Look: March 31, 2009

ownership form signals the extent of institutional constraints and hence it is hypothesized that post-merger customer-mix changes will differ based on firm ownership form. Empirical analysis using data from... View Details

Keywords: Martha Lagace

04 Feb 2003
Keynote Speech

Preserving Public Trust in Private Enterprise: Is Reform Necessary?

By: Lynn S. Paine

Keywords: Trust; Private Ownership; Governing Rules, Regulations, and Reforms

Citation

13 Dec 2002
Keynote Speech

Preserving Public Trust in Private Enterprise: Is Reform Necessary?

By: Lynn S. Paine

Keywords: Trust; Private Ownership; Governing Rules, Regulations, and Reforms

Citation

20 Jun 2011
Lessons from the Classroom

Fame, Faith, and Social Activism: Business Lessons from Bono

radio station distribution and the roller coaster of trying to generate "Top 40" hits); and they acquired a 10 percent ownership stake in Island Records worth $30 million when the record company was acquired by PolyGram in 1989. U2 was... View Details

Keywords: by Kim Girard; Entertainment & Recreation

14 Nov 2019
Book

Lifting the Lid on Turkey's Hidden Business History

government intervention in the economy. Businesses in Turkey like many emerging markets also had to navigate great turbulence. Between the 1960s and 1980s, there were repeated military coups, and hyper-inflation between the 1970s and... View Details

Keywords: by Sean Silverthorne

16 Sep 2015
Op-Ed

The Real Duty of the Board of Directors

ownership of modern corporations is a central point of our new paper, Materiality in Corporate Governance: The Statement of Significant Audiences and Materiality. Aiming to improve corporations’ public disclosures, we argue that the board... View Details

Keywords: by Robert G. Eccles & Tim Youmans

08 Mar 2016
Research & Ideas

Solving an Economic Mystery Surrounding Argentina and Chile

of Buenos Aires’s population was foreign born, and it could be regarded as one of the world’s greatest global cities.” Today, the city is a decaying shadow of itself and Argentina as a whole has fallen prey to ineffective institutions, inconsistent View Details

Keywords: by Sean Silverthorne

November 29, 2011
Article

Gingrich's Social Security Plan: Privatize Gains, Socialize Losses

By: Robert C. Pozen

Keywords: Government and Politics; Privatization

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05 Mar 2007
Research & Ideas

Risky Business? Protecting Foreign Investments

to gain much traction and proposes measures that will better protect the rights of property owners. We asked Wells to discuss his research and experiences representing host governments in such negotiations, and what international managers... View Details

Keywords: by Sean Silverthorne; Energy; Utilities

May 2010 (Revised January 2014)
Case

Water Shortage and Property Investing in Mexico City

By: John D. Macomber, Regina Garcia-Cuellar and Griffin James

A commercial property company evaluates water risks including the government's ability to remedy, the company's operating exposure and mitigation, and whether to relocate because of water risk. A real estate fund manager assesses investment prospects in Mexico City in... View Details

Keywords: Private Equity; Investment; Risk Management; Infrastructure; Privatization; Business and Government Relations; Partners and Partnerships; Financial Services Industry; Real Estate Industry; Utilities Industry; Mexico City

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11 Mar 2009
HBS Case

The Energy Politics of Russia vs. Ukraine

state to ownership (with 50.002 percent), and Gazprom's strategy for becoming a global energy company, mainly through acquisition and partnerships. “Russia needs the money. It can't scare away its customers.” The learning objectives of... View Details

Keywords: by Garry Emmons; Energy; Utilities

May 2011
Article

Race at the Top: How Companies Shape the Inclusion of African Americans on Their Boards in Response to Institutional Pressures

By: Clayton S. Rose and William T. Bielby

Drawing on institutionalist theory, we conceptualize the racial composition of the boards of directors of large American companies as shaped in response to social and political norms. We use new longitudinal and cross-sectional data to test hypotheses about factors... View Details

Keywords: Leadership; Governing and Advisory Boards; Race; Mathematical Methods; Government and Politics; Public Ownership; United States

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19 Jan 2011
Research & Ideas

Activist Board Members Increase Firm’s Market Value

write in their report. Firms in which historically activist institutions held significant ownership stakes lost considerable value on the announcement: a drop in 55 basis points for a 10 percentage point change in activist institution... View Details

Keywords: by Carmen Nobel

January 2018 (Revised March 2018)
Case

Wenzhou Kangning Hospital: Changing Mental Healthcare in China

By: William C. Kirby, Wei Zhang, Yuanzhuo Wang and Nancy Hua Dai

The city of Wenzhou in the Province of Zhejiang, long known in China for entrepreneurship, now hosts the country’s largest privately owned mental health hospital group. This case traces the development of Wenzhou Kangning Hospital Co, Ltd. from founding to just before... View Details