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  • All HBS Web  (1,671)
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  • February 1992 (Revised May 1995)
  • Supplement

CUC International, Inc. (C)

By: Krishna G. Palepu and Paul M. Healy
Describes analysts' and investors' reaction to CUC's initial response. View Details
Keywords: Financial Reporting; Business and Shareholder Relations
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Palepu, Krishna G., and Paul M. Healy. "CUC International, Inc. (C)." Harvard Business School Supplement 192-101, February 1992. (Revised May 1995.)
  • February 1992 (Revised May 1995)
  • Supplement

CUC International, Inc. (B)

By: Krishna G. Palepu and Paul M. Healy
Describes CUC's initial response to investors' concerns about the firm's accounting. Students are asked to evaluate this response. View Details
Keywords: Financial Reporting; Business and Shareholder Relations
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Palepu, Krishna G., and Paul M. Healy. "CUC International, Inc. (B)." Harvard Business School Supplement 192-100, February 1992. (Revised May 1995.)
  • Person Page

Read excerpts from DENIAL

By: Richard S. Tedlow

The Edifice Complex: Denial at Sears

Book Excerpt: Denial at Sears (BusinessWeek.com, February 26, 2010)

 

From Denial: Why Business... View Details

  • July 1987
  • Case

Investor Relations at AT&T

By: Stephen A. Greyser and Norman Klein
Keywords: Business and Shareholder Relations; Telecommunications Industry
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Greyser, Stephen A., and Norman Klein. "Investor Relations at AT&T." Harvard Business School Case 588-003, July 1987.
  • 05 May 2003
  • Research & Ideas

Sharing the Responsibility of Corporate Governance

interests of the corporation. Contrary to popular belief, this does not mean maximizing shareholder value without regard for the effect on employees, customers, suppliers, the environment, or the communities in which the corporation does... View Details
Keywords: by Carla Tishler
  • Editorial

Why CEOs Should Share Their Long-Term Plans with Investors

By: Christina Rehnberg, George Serafeim and Brian Tomlinson
Rather than requiring less short-term information, the key to combating short-termism is to encourage companies to share more information about their long-term plans. Analysis of companies that have done so suggests that long-term plans are not mere marketing... View Details
Keywords: CEO; Investor Relations; Disclosure; Long-term Growth; Investing; Business and Shareholder Relations; Strategy; Corporate Disclosure
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Rehnberg, Christina, George Serafeim, and Brian Tomlinson. "Why CEOs Should Share Their Long-Term Plans with Investors." Harvard Business Review (website) (September 19, 2018).
  • November 2018 (Revised January 2019)
  • Module Note

Responsibilities to Investors (Abridged)

By: Lena G. Goldberg and Joseph L. Badaracco
This note focuses on managers’ responsibilities—economic, legal, and ethical—to investors. In capitalist and some socialist economies, these responsibilities traditionally have been grounded in fiduciary duties and are typically part of the common law or statutory law... View Details
Keywords: Responsibilities To Investors; Investors; Responsibility; Business and Shareholder Relations; Management; Ethics
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Goldberg, Lena G., and Joseph L. Badaracco. "Responsibilities to Investors (Abridged)." Harvard Business School Module Note 319-066, November 2018. (Revised January 2019.)

    Michael Dell

    In 1992, Dell, at 27 years of age, became the youngest CEO of a Fortune 500 company. Dell revolutionized the retail computer industry by instituting a direct sales approach, where the customer places their customized order via phone or the internet directly with Dell... View Details
    Keywords: Computers & Electronics
    • 01 Sep 2009
    • News

    Executive Pay: Onward & Upward

    departing executives soon become common practice. 1990 To better align executive pay with shareholder returns, academics — led by HBS professor Michael Jensen — and activists urge greater use of stock options. During the bull market years... View Details
    Keywords: Corporate Services; Management, Scientific, and Technical Consulting Services; Professional Services
    • November 1991
    • Case

    Investor Relations at Work: Situations in the Financial Marketplace

    By: Stephen A. Greyser
    Keywords: Business and Shareholder Relations; Communication
    Citation
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    Greyser, Stephen A. "Investor Relations at Work: Situations in the Financial Marketplace." Harvard Business School Case 592-052, November 1991.
    • 17 Jul 2000
    • What Do You Think?

    Where Is the Microsoft Board?

    interests of shareholders alone or, those of all stakeholders, including employees and customers? Moris Simson (HBS ISMP 91) Mitel Corporation Those taking issue with these premises generally saw the company's leadership with the support... View Details
    Keywords: by James Heskett
    • 25 Feb 2002
    • Research & Ideas

    MNCs in Asia: Investing in the Future

    shareholders in both state and private enterprises." No Single Asian Market Mark Newman, vice president and CFO for GM Shanghai, the largest Sino-U.S. joint venture, presented statistics that clarified the corporation's significant... View Details
    Keywords: by Julia Hanna
    • 01 Oct 2020
    • What Do You Think?

    Are CEOs the Wrong Leaders for Stakeholder Capitalism?

    has enough leverage to practice it. Boards of directors play an important role in championing the cause of stakeholders of all kinds. DF in AZ put it this way: “If a company promises a fundamental shift towards shareholder capitalism but... View Details
    Keywords: by James Heskett
    • 01 Sep 2003
    • What Do You Think?

    To Whom Should Boards be Accountable?

    Summing Up "It is pretty clear to me to whom the board is accountable: the shareholders."—J. W. Penland "When the board deviates from long- and short-term shareholder interests as it has recently done in some instances, it... View Details
    Keywords: by James Heskett
    • Web

    George F. Baker - A Concrete Symbol: The Building of Harvard Business School 1908-1927 – Baker Library | Bloomberg Center, Historical Collections

    of his youth on his aunt’s farm in Massachusetts. At the age of twenty-three, he invested $3,000 to become an original shareholder in the First National Bank (now Citibank), which under his guidance remained a dependable institution... View Details
    • September 1988
    • Article

    Earnings Information Conveyed by Dividend Initiations and Omissions

    By: Paul M. Healy and Krishna G. Palepu
    Keywords: Information; Money; Business and Shareholder Relations; Business Earnings
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    Healy, Paul M., and Krishna G. Palepu. "Earnings Information Conveyed by Dividend Initiations and Omissions." Journal of Financial Economics 21, no. 2 (September 1988): 149–175.
    • 08 Nov 2016
    • Working Paper Summaries

    Managers' Cultural Background and Disclosure Attributes

    Keywords: by Francois Brochet, Gregory S. Miller, Patricia Naranjo, and Gwen Yu
    • 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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    Ma, Yueran, and Andrei Shleifer. "The Invention of Corporate Governance." NBER Working Paper Series, No. 33710, April 2025.
    • 18 Jul 2005
    • Research & Ideas

    Time to Rethink the Corporate Tax System?

    could be welcome. Moreover, if shareholders are the recipients of all this value, then this would just be a transfer from tax authorities to shareholders. Unfortunately, the evidence is more mixed on the degree to which View Details
    Keywords: by Ann Cullen
    • 12 PM – 1 PM EST, 29 Nov 2018
    • Webinars: Career

    The Shiny Penny: How to Maximize the M&A Value of your Company

    Angel investor Steve Kirschner explains how to maximize the M&A valuation of your company heading into a private sale.

     View Details
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