Shareholder - Publications - Faculty & Research

Web

Doing Business in a Divided World - Alumni

societal goals beyond shareholder value. Reading Materials Case Study: General Mills: Responding to the Killing of George Floyd For your personal use. Further posting, copying or distribution is not permitted. Report: Doing Business in a... View Details

11 Aug 2003
Research & Ideas

Why Budgeting Kills Your Company

The average billion-dollar company spends as many as 25,000 person-days per year putting together the budget. If this all paid off in shareholder return, that would be fine. But few organizations can make that claim. In fact, many firms... View Details

Keywords: by Loren Gary

01 Dec 1997
News

Multimedia Martha: Sharon Patrick Cooks Up A Winner

shareholder in our business. I think we are really showing that horizontal integration and synergies can work. I am also very proud that we are one of the first real cars on the information superhighway. People talk about it a lot, but we... View Details

20 Oct 2008
Research & Ideas

The Seven Things That Surprise New CEOs

reporting on results and management's decisions. Surprise Six: Pleasing Shareholders Is Not The Goal Warning signs: Executives and board members judge actions by their effect on stock price. Analysts who don't understand the business push... View Details

Keywords: by Michael E. Porter, Jay W. Lorsch & Nitin Nohria

27 Apr 2021
Research & Ideas

IPO or M&A? How Venture Capital Shapes a Startup's Future

syndicates, the study says. Public companies also typically require more infrastructure and legal support to handle shareholder and regulatory demands. “For a lot of entrepreneurs, it's just about the term sheet and how much equity... View Details

Keywords: by Rachel Layne

Web

Baker Library / Bloomberg Center | About

philanthropist, and president of the First National Bank of New York, Baker was an extraordinary business leader. At the age of 23, he invested $3,000 to become an original shareholder in the First National Bank, where he worked as a... View Details

11 Apr 2012
Research & Ideas

The High Risks of Short-Term Management

stakeholders' objectives. This new model is only beginning to emerge, but some of its outlines are already clear such as a longer-term time horizon, more holistic performance measurement and reporting, more active corporate governance, and greater engagement with View Details

Keywords: by Sean Silverthorne; Financial Services

31 Oct 2013
Working Paper Summaries

Do Measures of Financial Constraints Measure Financial Constraints?

Keywords: by Joan Farre-Mensa & Alexander Ljungqvist

June 2021
Technical Note

SPAC Space

By: John R. Wells and Benjamin Weinstock

In 2020, over half of all initial public offerings (IPOs) in the United States were special purpose acquisition companies (SPACs), blank-check companies that typically had two years to find a business to take public, usually through a reverse merger. Together, 248... View Details

Keywords: Special Purpose Acquisition Companies; SPACs; Mergers and Acquisitions; Going Public; Initial Public Offering; Investment; Strategy

Citation

Educators

Purchase

15 Jul 2019
Book

Many Executives Are Afraid of Finance. Here's How They Can Gain Confidence

underinvestment in the economy and managers trying to buy back stocks to appease shareholders while neglecting good investments. Or, worse yet, managers could be trying to boost earnings metrics to flatter themselves. At the same time,... View Details

Keywords: by Dina Gerdeman

11 Aug 2008
Research & Ideas

Strategy Execution and the Balanced Scorecard

also requires effective systems for internal control, management control, and governance. ERM objectives and metrics could certainly have a home in the financial BSC perspective for increasing and sustain shareholder value, along with the... View Details

Keywords: by Martha Lagace

Web

Dean’s House | About

Baker’s insistence. A prominent financier, philanthropist, and president of the First National Bank of New York, Baker was an extraordinary business leader. At the age of 23, he invested $3,000 to become an original shareholder in the... View Details

Web

Business Finance Course Online | HBS Online

Hide Details Concepts The Capital Allocation Problem How to Grow: Organic vs. Inorganic Growth Distributing Cash to Shareholders Distribution Motivations Featured Exercises Capital allocation decision tree analysis Weigh value of... View Details

22 Aug 2022
Research & Ideas

Can Amazon Remake Health Care?

aspiration, which again, is wonderful if they succeed. But from the perspective of an Amazon shareholder, or the hard-nosed evidence to date, it is probably going to cause that shareholder to lose the money that One Medical View Details

Keywords: by Christina Pazzanese, Harvard Gazette; Health

06 Jul 2016
What Do You Think?

How Do We Pay for the Costs of Globalization?

there is anything illegal about what Carrier, or many companies before it, is doing. It is carrying out the wishes of shareholders of its parent, United Technologies. As UT’s CEO, Greg Harris, put it in explaining his company’s continued... View Details

Keywords: by James L. Heskett; Manufacturing

January 2021 (Revised May 2021)
Case

'GEnron'? Markopolos versus General Electric (A)

By: Jonas Heese and David Lane

In August 2019, Harry Markopolos—the forensic accountant known for uncovering Bernie Madoff’s Ponzi scheme—alleged that General Electric had committed accounting fraud totaling $38 billion, coining the term “GEnron” for perceived similarities with the 2001 accounting... View Details

Keywords: Financial Statements; Communication; Energy; Financial Condition; Insurance; Performance; Planning; Business and Shareholder Relations; Risk and Uncertainty; Value; Insurance Industry; Financial Services Industry; Energy Industry

Citation

Educators

Purchase

01 Sep 2023
News

Global Outposts Expand HBS’s Intellectual Footprint

the case “Nestlé: The World’s Largest Food Company Confronts Climate Change” to explore how the company is striving to achieve its sustainability objectives without sacrificing short- term performance and shareholder value. The event was... View Details

Keywords: Jennifer Gillespie

04 Mar 2019
What Do You Think?

What’s the Antidote to Surveillance Capitalism?

implement safeguards against uses of their output intended to degrade privacy, the reliability of information, independent thought, and user behaviors. Shareholders would step forward to demand changes in the way information is deployed... View Details

Keywords: by James Heskett; Advertising; Consumer Products

Profile

Drew Keller

and environmental outcomes, which is different from the primacy given to shareholder returns over the past 50 years or so. In my work prior to HBS, I partnered with businesses actually acting on this and using their voices to advance... View Details

22 Apr 2002
Research & Ideas

Does Spirituality Drive Success?

with each manager and learned the root of the problem. Workers were waiting for the company to make a large donation, a show of corporate support. But Rasul knew that, since Ballard is a publicly traded company, shareholders may not be... View Details

Keywords: by Martha Lagace, Sean Silverthorne & Wendy Guild

Publications