Publications

February 1992 (Revised September 2003)
Case

Beech-Nut Nutrition Corporation (A-1)

The CEO of Beech-Nut Nutrition Corp. must decide what to do when he receives information that the company's supply of apple juice concentrate may be adulterated. The concentrate is used in many of the company's juice products. It appears that others in the company may... View Details

Keywords: Quality; Law; Ethics; Nutrition; Management Teams; Decisions; Business or Company Management; Communication; Governance Compliance; Information Management; Corporate Finance; Food and Beverage Industry; United States

09 May 2017
What Do You Think?

Should Management Be Primarily Responsible to Shareholders?

the corporation The re-evaluation continues in a current Harvard Business Review article. Harvard Business School Professors Joseph Bower and Lynn Paine propose that the primary allegiance of managers and... View Details

Keywords: by James Heskett

Web

General Management Awards & Honors - Faculty & Research

Leaders Can Change the World One Smart Innovation at a Time (PublicAffairs, 2020) was selected as a 2020 getAbstract International Book Award Winner. Lynn S. Paine : Received the 2020 Robert F. Greenhill... View Details

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Human Behavior & Decision-Making - Faculty & Research

to Nuance." Journal of Personality and Social Psychology 128, no. 5 (May 2025): 1072–1102. More Publications Faculty Max H. Bazerman Lynn S. Paine Teresa M. Amabile Boris Groysberg Rosabeth M. Kanter Robin... View Details

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2023 Reunion Presentations - Alumni

of democracy, democratic capitalism, and past democratic breakdowns to help make sense of this tectonic shift and how it might be reversed. Shareholders vs. Stakeholders: Who Is Winning the Battle for Corporate Governance? Professor Lynn... View Details

2023
Working Paper

Corporate Leaders Say They Are for Stakeholder Capitalism—But Which Version Exactly?: A Critical Look at Four Varieties

The past few years have seen an outpouring of articles and statements heralding the arrival of a new and more inclusive form of capitalism often called stakeholder capitalism. The new capitalism promises to strengthen companies, improve outcomes for their... View Details

Keywords: Stakeholder Capitalism; Corporate Governance; Governing and Advisory Boards; Business and Stakeholder Relations; Economic Systems; Business and Shareholder Relations

Read Now

16 Apr 2015
News

Sustainable Strides at NIKE, Inc.

Web

General Management Curriculum - Faculty & Research

Behavior) Lynn Paine Spring 2026 Q3Q4 3.0 Creating Value in Business and Government (HKS-HBS Joint Degree Seminar) Andy Zelleke Fall 2025 Q1Q2 3.0 Crucibles of Crisis Leadership Nancy Koehn Fall 2025 Q1Q2... View Details

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Leadership - Faculty & Research

Lynn S. Paine Amy C. Edmondson Michael L. Tushman Anthony Mayo Joshua D. Margolis Joseph L. Bower Lynda M. Applegate Nancy F. Koehn See All HBS Working Knowlege 08 Nov 2024 What Wartime Service Taught These... View Details

November 2004 (Revised January 2006)
Case

Martha Stewart (A)

By: Lynn S. Paine and Christopher Bruner

Explores Martha Stewart's December 2001 sale of ImClone Systems common stock, the ensuing federal investigations into possible insider trading, and Stewart's criminal prosecution and sentencing. Discusses the impact of publicity on Stewart's company, Martha Stewart... View Details

Keywords: Capital Markets; Corporate Governance; Financial Markets; Management Teams; Law; Government and Politics

July–August 2014
Article

Sustainability in the Boardroom: Lessons from Nike's Playbook

One surprising role of Nike's corporate responsibility committee is to provide support for innovation. More and more companies recognize the importance of corporate responsibility to their long-term success—and yet the matter gets short shrift in most boardrooms,... View Details

Keywords: Corporate Governance; Corporate Accountability; Globalized Firms and Management; Corporate Social Responsibility and Impact; Environmental Sustainability; Apparel and Accessories Industry; Sports Industry

Find at Harvard

February 1999 (Revised October 2009)
Case

Royal Dutch/Shell in Nigeria (A)

By: Lynn S. Paine and Mihnea C. Moldoveanu

Working with Shell's country manager for Nigeria, the company's Committee of Managing Directors must decide how to respond to the Nigerian government's decision to impose the death sentence on Ken Saro-Wiwa and eight other leaders of a movement for the rights of the... View Details

Keywords: Ethics; Multinational Firms and Management; Courts and Trials; Rights; Corporate Social Responsibility and Impact; Business and Government Relations; Environmental Sustainability; Social Issues; Nigeria

April 2023
Case

Strive Asset Management

By: Suraj Srinivasan, Lynn S. Paine and Aldo Sesia

Strive Asset Management, which launched in 2022, was actively targeting several leading U.S. companies in the upcoming 2023 proxy voting season to stop acquiescing to those large asset managers and other institutional shareholders who were pressing those companies to... View Details

Keywords: ESG; Shareholder Activism; Asset Management; Investment Funds; Corporate Governance; Risk Management; Climate Change; Diversity; Equity; Financial Services Industry; United States

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Curriculum - Business & Environment

political structures of the states that seek to support and nourish this system. For the full listing, click here . Corporate Governance and Boards of Directors (Spring 2025) Lynn Paine Throughout the... View Details

December 1993 (Revised April 2006)
Case

Marriott Corporation (A)

By: Lynn S. Paine and Charles A. Nichols

Marriott Corp.'s chairman and CEO must decide whether to recommend a restructuring of the company to the board of directors. The proposal he is considering would split the Marriott Corp., a premier hotel developer, owner, and manager, into two separate companies by a... View Details

Keywords: Business or Company Management; Restructuring; Governing and Advisory Boards; Decision Making; Ethics; Management Teams; Business and Shareholder Relations; Accommodations Industry

September–October 2023
Article

What Does 'Stakeholder Capitalism' Mean to You?: A Guide to the Four Main Types

Business leaders are being urged to adopt a multistakeholder approach to governance in place of the shareholder-centered approach that has guided their work for several decades. But through hundreds of interviews with directors, executives, investors, governance... View Details

Keywords: Stakeholder Capitalism; Corporate Governance; Business and Shareholder Relations; Business and Stakeholder Relations; Organizational Structure; Trust