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  • All HBS Web  (8,048)
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Show Results For

  • All HBS Web  (8,048)
    • People  (45)
    • News  (1,737)
    • Research  (4,685)
    • Events  (32)
    • Multimedia  (54)
  • Faculty Publications  (2,861)
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  • September 3, 2020
  • Article

How to Measure a Company’s Real Impact

By: Ronald Cohen and George Serafeim
Impact transparency will reshape capitalism. By shifting the pursuit of profit away from negligently creating problems to purposefully creating valuable solutions for the world, it will redefine success, so that its measure is not just money, but the positive impact we... View Details
Keywords: Impact; Impact Investing; Impact Measurement; Impact Investment; Impact Investment Funds; Accountability; Accounting Information; Corporate Performance; Sustainability; Social Impact; Capitalism; Accounting; Corporate Accountability; Performance; Measurement and Metrics; Social Enterprise; Society
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Cohen, Ronald, and George Serafeim. "How to Measure a Company's Real Impact." Harvard Business Review (website) (September 3, 2020).
  • 21 Sep 2016
  • News

Ideas with Economic and Social Impact

Corporation (IFC) and the Organization for Economic Cooperation and Development (OECD). Her report, Financing High-Growth Firms, the Role of... View Details
  • July 2015
  • Article

The Impact of Corporate Social Responsibility on Investment Recommendations: Analysts' Perceptions and Shifting Institutional Logics

By: Ioannis Ioannou and George Serafeim
We explore the impact of corporate social responsibility (CSR) ratings on sell-side analysts' assessments of firms' future financial performance. We suggest that when analysts perceive CSR as an agency cost, due to the prevalence of an agency logic, they produce... View Details
Keywords: Corporate Social Responsibility; Analysts; Investment Recommendations; Sustainability; Institutional Logics; Environment; Corporate Social Responsibility and Impact; Investment; Corporate Governance; United States
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Ioannou, Ioannis, and George Serafeim. "The Impact of Corporate Social Responsibility on Investment Recommendations: Analysts' Perceptions and Shifting Institutional Logics." Strategic Management Journal 36, no. 7 (July 2015): 1053–1081.

    Frameworks for Dialogue and Research about Social Impact Investing

    Social Impact Investment is a rapidly expanding field, but terminology in the field is poorly defined and imprecise. This note suggests frameworks that help to clarify important dimensions of SII projects, distinguishing and clarifying key differences in approaches... View Details

    • 10 Mar 2015
    • News

    How Social Enterprises Can Protect Mission and Deliver Profit

    • May 2021
    • Teaching Note

    BlackRock: Linking Purpose to Profit

    By: Aiyesha Dey
    Teaching Note for HBS Case No. 120-042 View Details
    Keywords: BlackRock; Investment Management; Stewardship Codes; Stewardship Role Of Institutions; ESG; Purpose; Corporate Purpose; Investment; Asset Management; Corporate Governance; Mission and Purpose; Financial Services Industry; United States
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    Deshpandé, Rohit, Aiyesha Dey, and George Serafeim. "BlackRock: Linking Purpose to Profit." Harvard Business School Teaching Note 121-089, May 2021.
    • 2021
    • Working Paper

    The Project on Impact Investments' Impact Investment Database

    By: M. Diane Burton, Shawn Cole, Abhishek Dev, Christina Jarymowycz, Leslie Jeng, Josh Lerner, Fanele Mashwama, Yue (Cynthia) Xu and T. Robert Zochowski
    Impact investing has grown significantly over the past 15 years. From a niche investing segment with only $25 billion AUM in 2013 (WEF 2013), it experienced double-digit growth and developed into a market with an estimated $502 billion AUM (Mudaliapar and Dithrich... View Details
    Keywords: Impact Investing; Investment; Analytics and Data Science; Analysis
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    Burton, M. Diane, Shawn Cole, Abhishek Dev, Christina Jarymowycz, Leslie Jeng, Josh Lerner, Fanele Mashwama, Yue (Cynthia) Xu, and T. Robert Zochowski. "The Project on Impact Investments' Impact Investment Database." Harvard Business School Working Paper, No. 20-117, May 2020. (Revised August 2021.)
    • 22 Oct 2014
    • Video

    Social Impact Investing: Challenges Ahead

    • 18 Sep 2017
    • News

    Chronicling a Legacy of Alumni Social Impact

    social impact is important and deeply satisfying for many alumni. That’s what we’re interested in understanding and sharing, for the benefit... View Details
    Keywords: Julia Hanna; Health, Social Assistance; Health, Social Assistance; Health, Social Assistance; Health, Social Assistance; Health, Social Assistance; Health, Social Assistance; Health, Social Assistance; Health, Social Assistance; Health, Social Assistance
    • 22 Oct 2014
    • Video

    Social Impact Investing: Measuring Success

    • November 2014 (Revised May 2017)
    • Teaching Note

    Fresno's Social Impact Bond for Asthma

    By: John A. Quelch
    The case desccribes a social impact bond (SIB) to fund home-based remediation programs designed to reduce asthma attacks among Fresno residents (especially children) and thereby save on health care costs (ambulance callouts, emergency room visits etc.). The case... View Details
    Keywords: Programs; Social Issues; Investment Return; Health Care and Treatment; Health Industry; California
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    Quelch, John A. "Fresno's Social Impact Bond for Asthma." Harvard Business School Teaching Note 515-031, November 2014. (Revised May 2017.)
    • 14 Apr 2015
    • News

    The Type of Socially Responsible Investments That Make Firms More Profitable

    • Aug 2005 - 2005
    • Conference Presentation

    Agency and Institutions: The Enabling Role of Individuals' Social Position

    By: Julie Battilana
    Keywords: Civil Society or Community
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    Battilana, Julie. "Agency and Institutions: The Enabling Role of Individuals' Social Position." Paper presented at the Academy of Management Annual Meeting, Honolulu, HI, August 2005.
    • March 2023 (Revised November 2023)
    • Module Note

    The Social Purpose of the Firm

    By: Debora L. Spar and Julia M. Comeau
    The Social Purpose of the Firm (SPF) is a short module designed to explore how, and under what circumstances, business leaders can harness the power of capitalism and markets to “make a difference in the world” – that is, to address a significant societal problem as a... View Details
    Keywords: Social Accounting; Purpose; Corporate Social Responsibility and Impact; Social Enterprise; Mission and Purpose; United States; Sweden; Kenya; Netherlands
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    Spar, Debora L., and Julia M. Comeau. "The Social Purpose of the Firm." Harvard Business School Module Note 323-051, March 2023. (Revised November 2023.)
    • Article

    The Impact of Corporate Social Responsibility on Investment Recommendations

    By: Ioannis Ioannou and George Serafeim
    Using a large sample of publicly traded U.S. firms over 16 years, we investigate the impact of corporate socially responsible (CSR) strategies on security analysts' recommendations. Socially responsible firms received more favorable recommendations in recent years... View Details
    Keywords: Public Ownership; Corporate Social Responsibility and Impact; Strategy; Experience and Expertise; Value Creation; Public Equity; Markets; Investment; Perception; United States
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    Ioannou, Ioannis, and George Serafeim. "The Impact of Corporate Social Responsibility on Investment Recommendations." Academy of Management Annual Meeting Proceedings (2010).
    • 3 Oct 2012
    • Other Presentation

    Business and Social Good: What is the Role of Investors?

    By: Michael E. Porter
    Shared Value and Investors Presentation View Details
    Keywords: Society; Investment; United States
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    Porter, Michael E. "Business and Social Good: What is the Role of Investors?" Inflection Points Towards Sustainability, UBS Q-Series Series, UBS, New York City, NY, October 3, 2012.
    • August 2022 (Revised September 2023)
    • Case

    Evaluating the Impact of Hillside Harvest

    By: Archie L. Jones, Mel Martin and Amy Klopfenstein
    In fall 2021, the HBS Impact Investment Fund student team had just finished their last round of due diligence on the BIPOC-founded premium hot sauce company Hillside Harvest. They thought the business had a fine performance, showing potential to grow into a successful... View Details
    Keywords: Impact Investing; Entrepreneurship; Social Entrepreneurship; Finance; Investment; Food; Food and Beverage Industry; Food and Beverage Industry; United States; Massachusetts
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    Jones, Archie L., Mel Martin, and Amy Klopfenstein. "Evaluating the Impact of Hillside Harvest." Harvard Business School Case 823-017, August 2022. (Revised September 2023.)
    • 01 Mar 2013
    • News

    Sizing Up Social Impact

    Ebrahim is delineating a framework that takes into account the inherent uncertainty and complexity of measuring results in the social sector. EBRAHIM: The hard work View Details
    Keywords: Julia Hanna; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs
    • September 2006
    • Article

    Agency and Institutions: The Enabling Role of Individuals' Social Position

    By: Julie Battilana
    Keywords: Groups and Teams; Society; Status and Position
    Citation
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    Battilana, Julie. "Agency and Institutions: The Enabling Role of Individuals' Social Position." Organization 13, no. 5 (September 2006): 653–676.
    • 2023
    • Article

    On the Impact of Actionable Explanations on Social Segregation

    By: Ruijiang Gao and Himabindu Lakkaraju
    As predictive models seep into several real-world applications, it has become critical to ensure that individuals who are negatively impacted by the outcomes of these models are provided with a means for recourse. To this end, there has been a growing body of research... View Details
    Keywords: Forecasting and Prediction; AI and Machine Learning; Outcome or Result
    Citation
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    Gao, Ruijiang, and Himabindu Lakkaraju. "On the Impact of Actionable Explanations on Social Segregation." Proceedings of the International Conference on Machine Learning (ICML) 40th (2023): 10727–10743.
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