Publications

2025
Working Paper

The Invention of Corporate Governance

By: Yueran Ma and Andrei Shleifer

The analysis of corporate governance begins with a central feature of modern capitalism—the separation of ownership and control in large corporations—first empirically documented by Berle and Means (1932). Such separation entails several agency problems reflecting... View Details

Keywords: Corporate Governance; Law; Business and Shareholder Relations

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2014
Working Paper

Opting Out of Good Governance

By: C. Fritz Foley, Paul Goldsmith-Pinkham, Jonathan Greenstein and Eric Zwick

Cross-listing on a U.S. exchange does not bond foreign firms to follow the corporate governance rules of that exchange. Hand-collected data show that 80% of cross-listed firms opt out of at least one exchange governance rule, instead committing to observe the rules of... View Details

Keywords: Financial Markets; Globalization; Corporate Governance

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September 1988 (Revised April 1989)
Case

Government Services Co.

10 Feb 2015
Working Paper Summaries

Government Preferences and SEC Enforcement

Keywords: by Jonas Heese

August 2006 (Revised July 2007)
Background Note

Fundamentals of Family Business System Governance

By: John A. Davis

Reviews the purposes and ingredients in the governance (or steering) of a family business system. Explores at a high level the governance of the family business, its owners, and the family. Focuses on how these governance structures, processes, plans, and agreements... View Details

Keywords: Family Business; Corporate Governance; Governing Rules, Regulations, and Reforms; Family Ownership

Research Summary

Financial Markets and Corporate Governance

By: Dwight B. Crane

Corporate scandals beginning in the late 1990s focused renewed attention on corporate governance, but significant cracks in the governance system also contributed to recent problems. Deregulation and growth of financial markets, as well as changes in the competitive... View Details

25 Apr 2000
Research & Ideas

Adjusting the Fit for Government

The role of government in Africa must be to establish an "investor friendly" environment, according to Obiageli Ezekwesili, a panelist at the Africa Business Conference's debate on "Government and the Enabling... View Details

Keywords: by Martha Lagace

19 Jul 2017
Research & Ideas

Why Government 'Nudges' Motivate Good Citizen Behavior

A tiny nudge can motivate big change. (Source: dziewul) Most governments aren’t subtle when they want citizens to do something. The United States spends close to $1 billion annually on advertising--trying to convince citizens to do... View Details

Keywords: by Michael Blanding

March 2024 (Revised May 2024)
Supplement

Governing OpenAI (B)

By: Lynn S. Paine, Suraj Srinivasan and Will Hurwitz

4 Oct 2017
Other Presentation

Rethinking Corporate Governance

By: Lynn S. Paine

22 May 2017
Other Presentation

Rethinking Corporate Governance

By: Lynn S. Paine

23 Sep 2016
Conference Presentation

Rethinking Corporate Governance

By: Lynn S. Paine

September 2024
Module Note

Governance for Non-Profit Social Enterprises

By: Brian Trelstad, Gerald Chertavian and Alexis Lefort

An overview of the various roles a non-profit board of directors plays, including the board’s principal responsibilities and how those evolve as organizations grow and scale. Looks closely at the overall role in setting the mission of the organization; supervising and... View Details

Keywords: Governing and Advisory Boards; Nonprofit Organizations; Growth Management; Mission and Purpose; United States

10 Jun 2010
Working Paper Summaries

Corporate Governance and Internal Capital Markets

Keywords: by Zacharias Sautner & Belén Villalonga

August 2006 (Revised July 2007)
Background Note

Governance of the Family Business Owners

By: John A. Davis

Reviews the principal ways in which the owners of a family business achieve their governance objectives of a suitable identity and sensible direction and the discipline to achieve these. Covers the responsibilities and rights of owners, plus governance procedures,... View Details

Keywords: Family Business; Corporate Governance; Governing Rules, Regulations, and Reforms; Goals and Objectives; Family Ownership

October 1980 (Revised April 1981)
Background Note

Note on Government Contracting and Methods of Government Procurement

By: J. Ronald Fox

Keywords: Contracts; Business and Government Relations

14 Oct 2013
Research & Ideas

Time that Government Reopens for Business

DC. Jim Aisner: The newspapers point out that a federal government shutdown has occurred 17 times before, but that really doesn't provide much solace, does it? Joe Fuller: The thing that's particularly unnerving about this shutdown is its... View Details

Keywords: by Jim Aisner

June 2011
Case

Changes to Harvard University's Governing Board

By: Rakesh Khurana and Eric Baldwin

This case examines the decision made by the governing board of Harvard University, known as the Harvard Corporation, to alter its size and operations. The case provides background on Harvard's history, its existing governance structure, and some of the issues that... View Details

Keywords: Organizational Structure; Organizational Change and Adaptation; Change Management; Decisions; Education Industry