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  • All HBS Web  (1,676)
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  • Faculty Publications  (811)
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  • 28 Jul 2009
  • First Look

First Look: July 28

case explores maximizing shareholder value as a goal in executive decision making. Over a period of nine years, three different Pfizer CEOs make critical decisions intended to increase shareholder value. But... View Details
Keywords: Martha Lagace

    Anthony J. F. O'Reilly

    When he took the helm of Heinz in 1979, O’Reilly pursued an aggressive expansion plan including a reinvestment in core brands, a slashing of expenses, and an international acquisition program. The plan produced stellar financial returns for well over a decade –... View Details
    Keywords: Food & Tobacco
    • November 2005 (Revised August 2006)
    • Case

    Investor Relations at TOTAL

    By: Gregory S. Miller, Vincent Marie Dessain and Anders Sjoman
    Examines investor relations and financial communications in a large company with a diverse group of financial stakeholders. Total is an "energy major" based in Paris, France. The importance of its product and its impact on economies and environments combine with the... View Details
    Keywords: Financial Reporting; Business and Shareholder Relations; Communication Strategy; Paris
    Citation
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    Miller, Gregory S., Vincent Marie Dessain, and Anders Sjoman. "Investor Relations at TOTAL." Harvard Business School Case 106-023, November 2005. (Revised August 2006.)
    • 25 Aug 2009
    • First Look

    First Look: August 25

    the industry. The lessons of entrepreneurs, managers, and leaders from the airlines can be applied to understanding any industry's evolution. Board of Directors' Responsiveness to Shareholders: Evidence from Shareholder Proposals... View Details
    Keywords: Martha Lagace
    • January 1993
    • Article

    Complementarity of Prior Accounting Information: The Case of Stock Dividend Announcements

    By: R. Banker, S. Das and S. Datar
    Keywords: Accounting; Stocks; Business and Shareholder Relations
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    Banker, R., S. Das, and S. Datar. "Complementarity of Prior Accounting Information: The Case of Stock Dividend Announcements." Accounting Review 68, no. 1 (January 1993): 28–47.

      David W. Johnson

      Employing an aggressive streamlining strategy, Johnson is credited with creating Campbell Soup Company’s successful turnaround. Under his leadership, Campbell became one of the most profitable consumer products companies in the United States. His laser focus on... View Details
      Keywords: Food & Tobacco
      • 17 Jul 2017
      • Working Paper Summaries

      The Relevance of Broker Networks for Information Diffusion in the Stock Market

      Keywords: by Marco Di Maggio, Francesco Franzoni, Amir Kermani, and Carlo Sommavilla

        Ralph S. Larsen

        Larsen reorganized J&J and managed its costs in order to improve its efficiency and reduce operating expenses. Between 1994-1999, the annual operating costs were reduced by $2 billion, which enabled J&J to compete aggressively in the personal care market.... View Details
        Keywords: Healthcare

          Louis V. Gerstner, Jr.

          Under pressure to break-up IBM, Gerstner instead went against the tide of expectation and kept IBM in one piece. He went on to make IBM more competitive by announcing downsizing and a new vision for the company called network computing/e-business. During the period of... View Details
          Keywords: Computers & Electronics
          • 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.
          • 25 Oct 2006
          • Op-Ed

          Fixing Executive Options: The Veil of Ignorance

          chunk of potential managerial wealth, and shareholders can remain assured that incentives are well aligned. Managers will not, however, know if they should try to accelerate earnings or delay them. They will not know what stock price they... View Details
          Keywords: by Mihir Desai & Joshua Margolis
          • 01 Dec 2007
          • News

          How Business Schools Lost Their Way

          In 1926, C.P. Biddle, an assistant dean at Harvard Business School, provided one framing of what was, at the time, the highly contested question of whether and why business schools belonged in universities: The interests of the View Details
          Keywords: Roger Thompson; Abraham Zaleznik; Business Schools & Computer & Management Training; Educational Services

            Henry Wendt

            In his term as CEO of the pharmaceutical giant, Wendt focused on a “3 point strategy” to help strengthen the business. His strategy consisted of increasing support of SmithKline’s best products, such as Tagamet, weeding out other unprofitable drugs, and increasing... View Details
            Keywords: Healthcare
            • Student-Profile

            Elliot Tobin

            accounting—“something more real-world oriented,” he says. Research Elliot’s research focuses on ESG (environmental, social, governance) initiatives and how corporations can do good in the world even when doing so causes a decrease in the company’s financial value. He... View Details
            • 26 Mar 2008
            • First Look

            First Look: March 26, 2008

            information provision strategies to encourage knowledge transfer within the organization. Download the paper: http://www.hbs.edu/research/pdf/08-085.pdf Board of Directors' Responsiveness to Shareholders: Evidence from Shareholder... View Details
            Keywords: Martha Lagace
            • 01 Jun 2010
            • News

            M.I.A. Boards

            incompetence, and negligence by a corporate board. The board at Merrill Lynch was so disconnected from the company that when shareholders met in December 2008 to approve the company’s sale to Bank of America — after five straight... View Details
            Keywords: John Gillespie;David Zweig; Finance
            • 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
            • 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
            • 08 Nov 2016
            • Working Paper Summaries

            Managers' Cultural Background and Disclosure Attributes

            Keywords: by Francois Brochet, Gregory S. Miller, Patricia Naranjo, and Gwen Yu

              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
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