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  • All HBS Web  (4,907)
    • People  (6)
    • News  (773)
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Corporate Governance and Equity Prices

By: Paul A. Gompers, Joy L. Ishii and Andrew Metrick
Keywords: Corporate Governance; Equity; Price
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Gompers, Paul A., Joy L. Ishii, and Andrew Metrick. "Corporate Governance and Equity Prices." Quarterly Journal of Economics 118, no. 1 (February 2003). (Winner of Geewax, Terker & Company Prize in Investment Research presented by Rodney L. White Center for Financial Research​.)
  • 24 Nov 2020
  • Keynote Speech

Corporate Governance Amidst the Pandemic

By: Lynn S. Paine
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"Corporate Governance Amidst the Pandemic." 21st IBGC Conference, Instituto Brasileiro de Governança Corporativa (IGBC), November 24, 2020.
  • January 2017
  • Background Note

Elements of Japanese Corporate Governance

By: Lena Goldberg and Joseph Badaracco
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Goldberg, Lena, and Joseph Badaracco. "Elements of Japanese Corporate Governance." Harvard Business School Background Note 317-093, January 2017.
  • 2010
  • Book

Government and Markets: Toward a New Theory of Regulation

By: Edward J. Balleisen and David A. Moss
After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive governance, alongside public calls for new, smarter regulation. Yet there is a real danger that regulatory... View Details
Keywords: Governing Rules, Regulations, and Reforms; Government and Politics; Markets; Business and Government Relations; Research
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Balleisen, Edward J., and David A. Moss, eds. Government and Markets: Toward a New Theory of Regulation. Cambridge: Cambridge University Press, 2010.
  • March 2015
  • Case

Statoil: Transparency on Payments to Governments

By: George Serafeim
The Statoil case describes the challenge of increasing transparency, in extractive industries, around host county government payments. The case describes Statoil's reasoning behind voluntarily disclosing host country government payments, and the events that led to this... View Details
Keywords: Corruption; Disclosure; Disclosure Strategy; Regulation; Industry Self-regulation; Corporate Governance; Corporate Accountability; Bribery; Sustainability; Corporate Social Responsibility; Government Legislation; Cost vs Benefits; Corporate Disclosure; Mining; Mining Industry; United States
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Serafeim, George, Paul M. Healy, and Jérôme Lenhardt. "Statoil: Transparency on Payments to Governments." Harvard Business School Case 115-049, March 2015.
  • August–September 2012
  • Article

The Future of Boards: Meeting the Governance Challenges of the 21st Century

By: Jay W. Lorsch
Predicting the challenges boards will face in the years ahead requires an understanding of how they and the governance they have provided has evolved in past years, as well as the challenges they face in the years ahead. Since I have been serving on and doing research... View Details
Keywords: Boards Of Directors; Corporate Governance; Governance; Succession; Compensation; Governing and Advisory Boards
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Lorsch, Jay W. "The Future of Boards: Meeting the Governance Challenges of the 21st Century." European Financial Review (August–September 2012), 2–4.
  • March 2024 (Revised May 2025)
  • Case

Governing OpenAI (A)

By: Lynn S. Paine, Suraj Srinivasan and Will Hurwitz
In late November 2023, OpenAI’s new board of directors took stock of the situation. The company, which sought to develop artificial general intelligence (AGI)—computer systems with capabilities exceeding human abilities—was looking to regain its footing after a chaotic... View Details
Keywords: Artificial Intelligence; Board Of Directors; Board Decisions; Board Dynamics; Corporate Boards; Governance Changes; Governance Structure; Leadership Change; Legal Aspects Of Business; Nonprofit Governance; Strategy And Execution; Technological Change; AI and Machine Learning; Corporate Governance; Leadership; Management; Mission and Purpose; Technological Innovation; Governing Rules, Regulations, and Reforms; Governing and Advisory Boards; Resignation and Termination; Ethics; Nonprofit Organizations; Open Source Distribution; Partners and Partnerships; Technology Industry; San Francisco; United States
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Paine, Lynn S., Suraj Srinivasan, and Will Hurwitz. "Governing OpenAI (A)." Harvard Business School Case 324-103, March 2024. (Revised May 2025.)
  • September 1989
  • Background Note

Industrial Governance and Corporate Performance

By: John T. Dunlop and Malcolm S. Salter
Keywords: Governance; Performance
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Dunlop, John T., and Malcolm S. Salter. "Industrial Governance and Corporate Performance." Harvard Business School Background Note 390-032, September 1989.
  • 05 Jul 2006
  • Op-Ed

Corporate Governance Activists are Headed in the Wrong Direction

Activist corporate governance reformers are spending too much time—and capturing too much of the media's attention—on fringe issues. One current initiative, for example, focuses on promoting "majority... View Details
Keywords: by Joseph Hinsey
  • July 2021
  • Article

Multinationality and Capital Structure Dynamics: A Corporate Governance Explanation

By: Daniel Gyimah, Nana Abena Kwansa, Anthony K. Kyiu and Anywhere Sikochi
This paper examines the impact of corporate governance on capital structure dynamics. Using ordinary least squares regressions on 17,496 firm-year observations for 2,294 U.S. multinational companies (MNCs) over the period 1990–2018, we find that MNCs with strong... View Details
Keywords: Multinationality; Speed Of Adjustment; Corporate Governance; Multinational Firms and Management; Capital Structure
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Gyimah, Daniel, Nana Abena Kwansa, Anthony K. Kyiu, and Anywhere Sikochi. "Multinationality and Capital Structure Dynamics: A Corporate Governance Explanation." Art. 101758. International Review of Financial Analysis 76 (July 2021).
  • 13 Nov 2020
  • Working Paper Summaries

The European Commission’s Sustainable Corporate Governance Report: A Critique

Keywords: by Mark Roe, Holger Spamann, Jesse Fried, and Charles Wang
  • Article

The Need for Improved Corporate Governance

By: William W. George
Keywords: Corporate Governance
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George, William W. "The Need for Improved Corporate Governance." Corporate Board (January–February 2003).
  • 2014
  • Article

Corporate Governance and the Financial Crisis in Italy

By: Dante Roscini
The financial crisis hit Italy harder than many other Eurozone countries. In part this was due to the fact that the crisis came upon a system that was weakened by years of sub-par economic growth. One of the several endogenous factors that explain the stagnation of the... View Details
Keywords: Financial Crisis; Corporate Governance; Italy; European Union
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Roscini, Dante. "Corporate Governance and the Financial Crisis in Italy." Journal of Modern Italian Studies 19, no. 4 (2014): 389–395.
  • 05 May 2003
  • Research & Ideas

Sharing the Responsibility of Corporate Governance

Rhetoric and Independence Are Not Enough: Empowering Managers and Directors to Do What Is Right, you challenge the adequacy of the Business Roundtable's assertion that the selection of a well-qualified and ethical CEO is the most important role of a View Details
Keywords: by Carla Tishler
  • 2010
  • Working Paper

Corporate Governance When Founders Are Directors

By: Feng Li and Suraj Srinivasan
We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms offer a different mix of incentives to their CEOs than other firms.... View Details
Keywords: Business Startups; Governing and Advisory Boards; Executive Compensation; Retention; Managerial Roles; United States
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Li, Feng, and Suraj Srinivasan. "Corporate Governance When Founders Are Directors." Harvard Business School Working Paper, No. 11-018, August 2010.
  • 2014
  • Chapter

Corporate Social Responsibility and Multinational Corporations

By: Nien-he Hsieh and Florian Wettstein
A central question that arises from the perspective of global ethics is what standards ought to apply to the activities of multinational corporations (MNCs). This chapter surveys the contemporary theoretical literature on this question. The first section provides... View Details
Keywords: Multinational Corporation; Multinational Firms and Management; Corporate Social Responsibility and Impact; Standards
Citation
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Hsieh, Nien-he, and Florian Wettstein. "Corporate Social Responsibility and Multinational Corporations." Chap. 19 in The Routledge Handbook of Global Ethics, edited by Darrel Moellendorf and Heather Widdows, 251–266. London: Routledge, 2014.
  • November 2011
  • Article

Corporate Governance When Founders Are Directors

By: Feng Li and Suraj Srinivasan
We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms offer a different mix of incentives to their CEOs than other firms.... View Details
Keywords: Corporate Governance; Executive Compensation; Retention; Policy; Motivation and Incentives; Performance; Governing and Advisory Boards; Mergers and Acquisitions; Wages; United States
Citation
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Li, Feng, and Suraj Srinivasan. "Corporate Governance When Founders Are Directors." Journal of Financial Economics 102, no. 2 (November 2011): 454–469.
  • 2014
  • Article

Corporate Governance and the Financial Crisis in Italy

By: Dante Roscini
The financial crisis hit Italy harder than many other Eurozone countries. In part this was due to the fact that the crisis came upon a system that was weakened by years of sub-par economic growth. One of the several endogenous factors that explain the stagnation of the... View Details
Keywords: Corporate Governance; Financial Crisis; Italy
Citation
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Roscini, Dante. "Corporate Governance and the Financial Crisis in Italy." Journal of Modern Italian Studies 19, no. 4 (2014): 389–395.
  • 05 Jul 2006
  • Working Paper Summaries

Improving Corporate Governance with the Balanced Scorecard

Keywords: by Robert S. Kaplan & Michael E. Nagel
  • August 2003
  • Article

Notes on Governance and Corporate Control

By: Malcolm S. Salter
Keywords: Governance
Citation
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Salter, Malcolm S. "Notes on Governance and Corporate Control." Journal of Strategic Management Education 1, no. 1 (August 2003): 5–54.
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