Publications

Keywords: Aerospace Industry

2022
Chapter

Corporate Purpose in a Post-COVID World

2019
Working Paper

Rehabilitating Corporate Purpose

In this paper, I address how the ascendance of the theory of shareholder value maximization into the central consciousness of public corporations and its canonization as the only legitimate expression of corporate purpose has contributed to both a widening breach... View Details

Keywords: Capitalism; Justice; Corporate Purpose; Shareholder Value Maximization; Ethical Reciprocity; Economic Systems; Business Ventures; Mission and Purpose; Ethics; Corporate Social Responsibility and Impact

SSRN

Read Now

July 2016 (Revised September 2016)
Teaching Note

Banking On Change: Aligning Culture and Compensation at Morgan Stanley

Teaching Note for 917-402. View Details

Purchase

2008
Book

Innovation Corrupted: The Origins and Legacy of Enron's Collapse

Keywords: Innovation and Invention; Crime and Corruption; Energy Industry

December 2004 (Revised October 2005)
Case

Innovation Corrupted: The Rise and Fall of Enron (A)

Presents a brief historical overview of Enron's rise, its strategic successes and failures, the evolution of its business model, and the organizational processes relied upon by Enron's management to drive and monitor the business. A rewritten version of an earlier... View Details

Keywords: Adaptation; Success; Business Model; Business History; Growth Management; Governance Controls; Innovation and Management; Failure; Business Processes; Energy Industry; United States

Educators

Purchase

November 2001 (Revised December 2002)
Case

Tracking Stocks at Genzyme (A)

Genzyme, a tracking stock pioneer, has used its innovative capital structure as a way to frame and grow its R&D-intensive business. Facing the question of how best to integrate a new acquisition into its tracking stock structure, Genzyme's top management is forced to... View Details

Keywords: Integration; Value Creation; Motivation and Incentives; Conflict of Interests; Stocks; Capital Structure; Research and Development; Corporate Governance; Biotechnology Industry

2003
Working Paper

Innovation Corrupted: The Rise and Fall of Enron, Part I

August 1987
Case

Government Intervention in the European Computer and Semiconductor Industries

Keywords: Business and Government Relations; Computer Industry; Semiconductor Industry; Europe

June 1987
Case

Aircraft Industry's Political Profile

Keywords: Business and Government Relations; Air Transportation Industry

August 1983
Background Note

Value Creation and General Management

Keywords: Value Creation

May 1982 (Revised February 1983)
Case

Ford Motor Co. (B): The Automobile Crisis and Ford's Political Strategy--1980

Keywords: Strategy; Crisis Management; Government and Politics; Business and Government Relations; Auto Industry; United States

October 2003 (Revised April 2005)
Case

Innovation Corrupted: The Rise and Fall of Enron

Presents an historical overview of Enron's rise and fall and summarizes what is currently known about (1) the evolution of Enron's business model, (2) the organizational processes Enron officials relied on to drive and monitor the business, (3) emergent behavior... View Details

Keywords: Business Model; Behavior; Governing and Advisory Boards; Success; Transformation; Failure; Business Processes; Energy Industry; United States

2001
Working Paper

A Note on Governance and Corporate Control

April 1989 (Revised June 1989)
Supplement

U.S. Auto Industry: Scenarios and Choices, Supplement

July 1988
Background Note

Privatization: The Motives and the Outcomes

May 1988 (Revised November 1990)
Supplement

Airbus vs. Boeing (C): Steps Toward Dispute Resolution

Presents partial resolution of problem. Cites points still to be resolved in trade dispute between U.S. aircraft manufacturers and Airbus Industrie. To be used as a handout after discussion of the case. View Details

Keywords: Trade; Problems and Challenges; Conflict and Resolution; Aerospace Industry; United States