Shareholder Value Maximization - Publications - Faculty & Research

01 Jun 1998
News

Diversity and Community

diversity issues, notes, "Even companies that once were mostly interested in hiring women and minorities either out of a sense of moral obligation or merely to comply with the law now see the value that comes from broadening the... View Details

Keywords: Garry Emmons

11 May 2021
Blog Post

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: Venture Capital / Private Equity

02 May 2008
What Do You Think?

What is the Future of State Capitalism?

transparency." The question remains as to whether states make very good capitalists. As investors, Michael points out that they are "systematically inefficient—from a profit maximization standpoint." As Paulo Wilson... View Details

Keywords: by Jim Heskett

01 Dec 2007
News

Rediscovering America

rewarding contributions that benefit society; holding government leaders to high standards of conduct; engaging with the world in ways that maximize opportunities for the many; and increasing opportunities for civilian national service.... View Details

Keywords: Deborah Blagg; Business Schools & Computer & Management Training; Educational Services

Profile

Ann Lucena

large part of the answer is the people the company brings in and the culture it creates," Ann says. "At Google, you could see how much value they place on treating employees well. Creativity and risk-taking are not only valued,... View Details

18 Jun 2007
Op-Ed

Leveling the Executive Options Playing Field

behavior. Indeed, a significant cost for corporations—the cost associated with compensating key employees with stock options—was until recently treated as an expense for tax purposes but not for financial accounting purposes. More specifically, the View Details

Keywords: by Mihir Desai

11 Jul 2012
Research & Ideas

Book Excerpt: ’The Future of Boards’

done better in the last six months to a year," one director said. "What did we miss? I think it's always great to have time to reflect backward about what we learned about what we've just been through, or what we're going through, and how we could have served the View Details

Keywords: by Jay Lorsch

15 Jun 2021
News

The Path Ahead

priorities for the School take shape, alumni generosity—through both the HBS Fund and catalytic investment in key initiatives—will be instrumental in advancing our ambitious agenda. For example: an exploration of how digital transformation efforts can enhance the View Details

08 Oct 2014
Research & Ideas

Who Is the Chief Sustainability Officer?

shows. Innovation: A select number of companies shift to a more advanced innovative stage by integrating sustainability into the core of the business in ways that transform the company. Strategies tend to be driven by the market with an eye on View Details

Keywords: by Dina Gerdeman; Manufacturing

14 May 2013
First Look

First Look: May 14

and society at large. To do that, it has to increase shareholder value while at the same time improving the firm's performance on environmental, social, and governance (ESG) dimensions. This article outlines... View Details

Keywords: Sean Silverthorne

16 Jul 2018
Blog Post

3 Key Take-a-Ways From My Summer at Zalando

the workforce are women) they know that it’s not enough. Zalando wants to maximize diversity across all levels of the organization’s hierarchy and in all business functions. Supported by the highest levels of the organization, a diversity... View Details

Keywords: Consumer Products / Retail

Web

Field Course: Private Equity Projects and Ecosystems - Course Catalog

presentation is made to a component of the private equity firm investment committee. Project work is designed to be of mutual value to students and the PE partner. Students can list the projects and the PE firm on their resumes upon the... View Details

26 Nov 2013
First Look

First Look: November 26

Friedman-is that the first duty of managers is to maximize shareholder value, and thus that they should take every opportunity (within the bounds of the law) to structure market institutions so as to... View Details

Keywords: Sean Silverthorne

26 Jun 2013
Op-Ed

A Roadmap for Afghanistan’s Economic Future

nature and value of the skill sets brought by each would-be young worker. Each of these is a viable organization that needs time to develop. Another requirement for economic development is trust. But that's a rare thing among the... View Details

Keywords: by Tarun Khanna

01 Sep 2012
News

Hierarchy's Last Stand

underperform and be overcompensated. A caricature, but sadly still true: consider the enormous pay packages for CEOs in companies that lose money. Shareholder protests (such as those in the United Kingdom), voting against compensation... View Details

Keywords: Rosabeth Moss Kanter; Corporate Services

19 Mar 2006
Research & Ideas

Unlocking Your Investment Capital

a powerful tool for value creation. For senior management neither to understand the risks being taken by the firm nor to understand how the risks that were selected not to be taken are being eliminated is to delegate a crucial part of... View Details

Keywords: by Ann Cullen; Financial Services

26 Jul 2004
Research & Ideas

A Better Way to Negotiate: Backward

management. Instead, Perlman mapped backward from his VC target, reasoning that WebTV's appeal and value to the VCs would be greatly enhanced by partnership with a prominent consumer electronics firm. Perlman started by pitching his... View Details

Keywords: by James K. Sebenius

19 Jan 2021
In Practice

Leadership Advice for Biden: Restore a Sense of Calm

attention and energies on maximizing profit and financial value. This exclusive focus on profit and shareholder value maximization has led to... View Details

Keywords: by Dina Gerdeman

07 Aug 2007
First Look

First Look: August 7, 2007

studying markets with tendencies toward "early" hiring. Our data make clear that the movement of the clerkship market back to the third year of law school is highly valued by judges, but we also find that a strong majority of... View Details

Keywords: Martha Lagace

11 Apr 2017
First Look

First Look at New Research, April 11

Inc.’s third largest shareholder in 2013 when Dell announced a management-led buyout, or MBO, structured as a merger. In considering whether to vote for or oppose the transaction, Brian C. Rogers, chairman and chief investment officer at... View Details

Publications