Publications

January 1995
Teaching Note

Allied-Signal: Managing the Hazardous Waste Liability Risk (TN)

By: Richard H.K. Vietor

Teaching Note for (9-793-044). View Details

Keywords: Chemical Industry; United States; Europe

April 2022
Article

AI Insurance: How Liability Insurance Can Drive the Responsible Adoption of Artificial Intelligence in Health Care

By: Ariel Dora Stern, Avi Goldfarb, Timo Minssen and W. Nicholson Price II

Despite enthusiasm about the potential to apply artificial intelligence (AI) to medicine and health care delivery, adoption remains tepid, even for the most compelling technologies. In this article, the authors focus on one set of challenges to AI adoption: those... View Details

Keywords: Artificial Intelligence; Medicine; Health Care and Treatment; Legal Liability; Insurance; Technology Adoption; AI and Machine Learning

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October 1985
Background Note

Personal Liability as a Corporate Director or Officer

By: Howard H. Stevenson

23 Jun 2022
News

De-Facto Financial Regulation in the Form of Corporate Criminal Liability for Esg is Coming

2001
Other Unpublished Work

'Pure Accidents' and the Evolving Bias of American Liability Law

By: David Moss and Michael Fein

Keywords: Legal Liability; Prejudice and Bias; United States

17 Nov 2023 - 20 Nov 2023
Conference Presentation

Autopilot or Copilot? Label Mismarketing and Autonomous Vehicle Liability

By: Stuti Agarwal and Julian De Freitas

December 1, 2023
Article

When Charismatic CEOs Are an Asset—and When They’re a Liability

By: Nitin Nohria

Starting in the 1980s, a generation of larger-than-life CEOs became full-blown celebrity, but over time, research suggested that charismatic CEOs tended to have drawbacks at leaders. However, charisma can be especially useful in two business concepts with big unknowns:... View Details

Keywords: Leadership Style; Business Startups; Risk and Uncertainty; Organizational Change and Adaptation

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February 1998
Article

The Impact of Contingent Liability on Commercial Bank Risk Taking

By: B. C. Esty

Keywords: Risk and Uncertainty; Accounting

23 Jun 2022
News

Corporate Criminal Liability for ESG Initiatives Is on Its Way

May 1986
Case

Data Administration in Citibank Brazil (D): Implementation of the Central Liabilities Pilot

By: Shoshana Zuboff

Keywords: Banks and Banking; Information Management; Banking Industry; Brazil

01 Dec 2023
News

When Charismatic CEOs Are an Asset — and When They’re a Liability

1998
Working Paper

Limited Liability and the Birth of American Industry: Theory Meets History

By: David A. Moss

July 2015
Article

A Behavioral Model of the Popularity and Regulation of Demandable Liabilities

By: Julio J. Rotemberg

Overoptimism regarding one's ability to arrive early in a queue is shown to rationalize deposit contracts in which people can withdraw their funds on demand even if consumption takes place later. Capitalized institutions serving overoptimistic depositors emerge in... View Details

Keywords: Consumer Behavior; Banks and Banking

2011
Article

'Deprival Value' vs. 'Fair Value' Measurement for Contract Liabilities: How to Resolve the 'Revenue Recognition' Conundrum

By: Joanne Horton, Richard H. Macve and George Serafeim

Revenue recognition and measurement principles can conflict with liability recognition and measurement principles. We explore here under different market conditions when the two measurement approaches coincide and when they conflict. We show that where entities expect... View Details

Keywords: Fair Value; Deprival Value; Contract Liabilities; Fair Value Accounting; Measurement and Metrics; Profit; Revenue Recognition; Assets; Performance Evaluation; Contracts

SSRN

July 1996
Article

New Standard: Transfers and Servicing of Financial Assets and Extinguishment of Liabilities

By: David F. Hawkins

Keywords: Finance; Assets

2019
Chapter

Punishing Robots: Issues in the Economics of Tort Liability and Innovation in Artificial Intelligence

By: Alberto Galasso and Hong Luo

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Article

When Is Traditionalism an Asset and When Is It a Liability for Team Innovation? A Two-Study Empirical Examination

By: Laura Huang, Cristina B. Gibson, Bradley L. Kirkman and Debra L. Shapiro

Team innovation requires idea generating and idea implementing. In two studies, we examine how these team activities are affected by the extent to which members value traditionalism – that is, placing importance on preserving old ways of doing things over breaking... View Details

Keywords: Groups and Teams; Innovation and Invention; Diversity; Values and Beliefs; Performance Effectiveness

Fall 2024
Article

The Three Traps That Stymie Reinvention: Organizational Identity, Architecture, and Collaboration Can Be Either Assets or Liabilities to Pursuing Growth in New Sectors

By: Ryan Raffaelli

In more than a decade of researching innovation, I have observed how organizations respond to new opportunities, technological changes, or unexpected market shifts that threaten to upend their current business model. This process, which I call reinvention, may occur... View Details

Keywords: Innovation And Strategy; Change Leadership; Collaboration; Architecture; Transformation; Disruption; Leading Change; Innovation Strategy; Identity; Organizational Culture; Organizational Structure

December 2020 (Revised September 2023)
Case

PG&E and the First Climate Change Bankruptcy

By: Stuart C. Gilson and Sarah L. Abbott

In early 2020, the California-based utility PG&E filed a second amended plan of reorganization. PG&E had filed for Chapter 11 bankruptcy in the face of more than $30 billion of legal claims brought against it for its alleged role in causing California wildfires. The... View Details

Keywords: Chapter 11; Utilities; Liabilities; Restructuring; Insolvency and Bankruptcy; Debt Securities; Legal Liability; Climate Change; Utilities Industry; United States

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