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  • All HBS Web  (1,684)
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  • All HBS Web  (1,684)
    • News  (276)
    • Research  (1,250)
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  • 2002
  • Other Paper

Shareholders or Stakeholders? Europe Needs Some Help

By: Marc L Bertoneche and S. Trebucq
Citation
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Bertoneche, Marc L., and S. Trebucq. "Shareholders or Stakeholders? Europe Needs Some Help."
  • July 12, 2016
  • Editorial

The Fastest-Growing Cause for Shareholders Is Sustainability

By: George Serafeim
Citation
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Related
Serafeim, George. "The Fastest-Growing Cause for Shareholders Is Sustainability." Harvard Business Review (website) (July 12, 2016).
  • 2019
  • Working Paper

Stewardship Codes and Shareholder Voting on Disputed Ballot Measures

By: Trang T. Nguyen and Charles CY Wang
This study examines the impact of stewardship codes on investor voting behavior in disputed ballot measures-- where ISS's recommendation differs from management's recommendation-- across nine countries. U.S. institutional investors' voting behavior in adopting country... View Details
Keywords: Stewardship Codes; Investment; Voting; Behavior
Citation
Related
Nguyen, Trang T., and Charles CY Wang. "Stewardship Codes and Shareholder Voting on Disputed Ballot Measures." Harvard Business School Working Paper, No. 20-035, September 2019.
  • December 8, 2010
  • Blog Post

Golden Parachutes and the Wealth of Shareholders

By: Lucian A. Bebchuk, Alma Cohen and Charles CY Wang
Citation
Read Now
Related
Bebchuk, Lucian A., Alma Cohen, and Charles CY Wang. "Golden Parachutes and the Wealth of Shareholders." Harvard Law School Forum on Corporate Governance (December 8, 2010). https://corpgov.law.harvard.edu/2010/12/08/golden-parachutes-and-the-wealth-of-shareholders/.
  • summer 1992
  • Article

Shareholder Trading Practices and Corporate Investment Horizons

By: Kenneth A. Froot, André Perold and J. Stein
Keywords: Institutional Investing; Market Efficiency; Behavioral Finance; Equities; Stock Market; Indexing; Financial Markets; Asset Pricing
Citation
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Related
Froot, Kenneth A., André Perold, and J. Stein. "Shareholder Trading Practices and Corporate Investment Horizons." Continental Bank Journal of Applied Corporate Finance 5, no. 2 (summer 1992): 42–58.
  • February 2025
  • Supplement

Align Partners and SM Entertainment: Korean Shareholder Activism Meets K-Pop (B)

By: Charles CY Wang and Billy Chan
For years, institutional investors had experienced very limited success in influencing the management of listed companies through shareholder activist campaigns in Korea. The common practice of circular ownership and public resentment toward foreign shareholder... View Details
Keywords: Financial Reporting; Public Equity; Stocks; Investment Activism; Music Entertainment; Corporate Governance; Entertainment and Recreation Industry; South Korea
Citation
Related
Wang, Charles CY, and Billy Chan. "Align Partners and SM Entertainment: Korean Shareholder Activism Meets K-Pop (B)." Harvard Business School Supplement 125-066, February 2025.
  • 19 Sep 2024
  • Panel Discussion

Shareholder Primacy vs. Stakeholderism: 5 Years Later

By: Lynn S. Paine
Citation
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"Shareholder Primacy vs. Stakeholderism: 5 Years Later." Mehrotra Institute Launch Celebration, Boston University, Questrom School of Business, Ravi K. Mehrotra Institute for Business, Markets & Society, September 19, 2024.
  • December 2021 (Revised May 2025)
  • Case

Bed Bath & Beyond: The New Strategy to Drive Shareholder Value

By: Benjamin C. Esty and Daniel W. Fisher
At one time, Bed Bath & Beyond was one of the most successful specialty retailers in the United States—its growth and profit margins far exceeded both peer retailers in the home goods market as well as many other discount retailers. But in 2014, its stock price peaked,... View Details
Keywords: Competitive Strategy; Competitive Advantage; Value Creation; Diversification; Corporate Governance; Leading Change; Performance Evaluation; Valuation; Investment Activism; Retail Industry; Consumer Products Industry; United States
Citation
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Esty, Benjamin C., and Daniel W. Fisher. "Bed Bath & Beyond: The New Strategy to Drive Shareholder Value." Harvard Business School Case 722-408, December 2021. (Revised May 2025.)
  • November 2011 (Revised May 2012)
  • Case

SecondMarket—Providing Liquidity for Shareholders of Privately Held iContact

By: William A. Sahlman, Ramana Nanda and James McQuade
In 2011, SecondMarket was an online platform that facilitated secondary transactions of illiquid assets, including private company stock. This case explores reasons for the decline in small-cap IPOs in the United States from the 1990s to the 2000s and how the emergence... View Details
Keywords: Business and Shareholder Relations
Citation
Educators
Purchase
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Sahlman, William A., Ramana Nanda, and James McQuade. "SecondMarket—Providing Liquidity for Shareholders of Privately Held iContact." Harvard Business School Case 812-072, November 2011. (Revised May 2012.)
  • 1988
  • Chapter

Do Target Shareholders Lose in Unsuccessul Control Contests?

By: R. S. Ruback
Keywords: Business and Shareholder Relations; Corporate Governance
Citation
Related
Ruback, R. S. "Do Target Shareholders Lose in Unsuccessul Control Contests?" In Corporate Takeovers: Causes and Consequences, edited by A. J. Auerback. Chicago: University of Chicago Press, 1988.
  • 1992
  • Working Paper

Consequences of Leveraged Shareholders Payouts: Defensive Voluntary Recapitalization

By: Krishna G. Palepu and Karen H. Wruck
Citation
Related
Palepu, Krishna G., and Karen H. Wruck. "Consequences of Leveraged Shareholders Payouts: Defensive Voluntary Recapitalization." Harvard Business School Working Paper, No. 93-006, August 1992.
  • 1997
  • Other Unpublished Work

Maximizing Corporate Shareholder Value Using Risk Profile Dynamics

By: Marc L Bertoneche and Samir Asaf
Keywords: Value Creation; Business and Shareholder Relations; Risk and Uncertainty; Risk Management
Citation
Related
Bertoneche, Marc L., and Samir Asaf. "Maximizing Corporate Shareholder Value Using Risk Profile Dynamics." University of Oxford, Templeton College, January 1997.
  • May 2015
  • Case

Shareholder Issues over Ten Generations at De Kuyper

By: John A. Davis and Courtney Collette
Keywords: Family Business
Citation
Educators
Purchase
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Davis, John A., and Courtney Collette. "Shareholder Issues over Ten Generations at De Kuyper." Harvard Business School Case 815-069, May 2015.
  • 2009
  • Article

Corporate Social Responsibility and the Priority of Shareholders

By: Nien-he Hsieh
Keywords: Corporate Social Responsibility and Impact; Business and Shareholder Relations
Citation
Find at Harvard
Related
Hsieh, Nien-he. "Corporate Social Responsibility and the Priority of Shareholders." Journal of Business Ethics 88, no. 4 (2009): 553–560.
  • 30 Nov 2020
  • Working Paper Summaries

Short-Termism, Shareholder Payouts, and Investment in the EU

Keywords: by Jesse M. Fried and Charles C.Y. Wang
  • October 27, 2020
  • Blog Post

Short-Termism, Shareholder Payouts, and Investment in the EU

By: Jesse M. Fried and Charles C.Y. Wang
Citation
Read Now
Related
Fried, Jesse M., and Charles C.Y. Wang. "Short-Termism, Shareholder Payouts, and Investment in the EU." Harvard Law School Forum on Corporate Governance (October 27, 2020). https://corpgov.law.harvard.edu/2020/10/27/short-termism-shareholder-payouts-and-investment-in-the-eu/.
  • February 2013
  • Article

Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge

By: Bo Becker, Guhan Subramanian and Daniel B. Bergstresser
We use the Business Roundtable's challenge to the SEC's 2010 proxy access rule as a natural experiment to measure the value of shareholder proxy access. We find that firms that would have been most vulnerable to proxy access, as measured by institutional ownership and... View Details
Keywords: Financial Markets; Business and Shareholder Relations
Citation
SSRN
Find at Harvard
Read Now
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Becker, Bo, Guhan Subramanian, and Daniel B. Bergstresser. "Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge." Journal of Law & Economics 56, no. 1 (February 2013): 127–160.
  • February 2006
  • Article

Creating Organizational Success for Your CEO and Your Shareholders

By: Blythe J. McGarvie and Eleanor Bloxham
Citation
Read Now
Related
McGarvie, Blythe J., and Eleanor Bloxham. "Creating Organizational Success for Your CEO and Your Shareholders." Directors Monthly (February 2006).
  • 2008
  • Working Paper

Laws vs. Contracts: Legal Origins, Shareholder Protections, and Ownership Concentration in Brazil, 1890–1950

By: Aldo Musacchio
The early development of large multidivisional corporations in Latin America required much more than capable managers, new technologies, and large markets. Behind such corporations was a market for capital in which entrepreneurs had to attract investors to buy either... View Details
Keywords: Voting; Entrepreneurship; Investment; Governance Controls; Contracts; Laws and Statutes; Ownership Stake; Brazil
Citation
Read Now
Related
Musacchio, Aldo. "Laws vs. Contracts: Legal Origins, Shareholder Protections, and Ownership Concentration in Brazil, 1890–1950." Harvard Business School Working Paper, No. 08-053, January 2008.
  • July–August 2012
  • Article

What Good Are Shareholders?

By: Justin Fox and Jay W. Lorsch
The article looks at the role outside shareholders play in corporate governance in the U.S., and the relationship between companies' shareholders and managers, as of 2012. It recounts the shift beginning in the 1970s toward shareholders claiming an increasing amount of... View Details
Keywords: Shareholder Activism; Business and Shareholder Relations; Investment Activism; Corporate Governance; Decision Making; Managerial Roles; United States
Citation
Read Now
Related
Fox, Justin, and Jay W. Lorsch. "What Good Are Shareholders?" R1207B. Harvard Business Review 90, nos. 7-8 (July–August 2012): 49–57.
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