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  • All HBS Web  (1,964)
    • People  (1)
    • News  (214)
    • Research  (1,507)
    • Events  (6)
    • Multimedia  (6)
  • Faculty Publications  (1,046)
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  • 28 Mar 2024
  • News

Rooms with a View

Mirza notes—and provide them with opportunities to develop and advance. Bringing greater equality to the hospitality industry is one of Mirza’s guiding principles: “Our industry is probably the most egregious example of inequality there is,” he says, citing the... View Details
Keywords: April White; photos by Christina Gandolfo; Hospitality
  • 29 Jul 2022
  • News

Will Demand for Women Executives Finally Shrink the Gender Pay Gap?

  • 01 Sep 2023
  • News

Case Study: The Home Team

Illustration by Jon Krause Illustration by Jon Krause Brendan Kennealey (MBA 2006) wasn’t even searching for a business idea. A couple of years ago, the Wilmington, Delaware, native met up with an old friend who’d bought a new house. Over dinner this friend enumerated... View Details
Keywords: Jen McFarland Flint; Real Estate
  • 15 Jun 2021
  • News

Keeping Hourly Workers Focused on the Stock, Not the Clock

giving every employee a financial stake in a company, something KKR has completed with eight of its investments, with more in the works. Stavros’s model for broad-based ownership begins with equity grants: stocks, which vest over time, given to each employee as part of... View Details
Keywords: April White; Management of Companies and Enterprises; Management
  • 01 Jan 2002
  • News

Egon P.S. Zehnder (MBA '56)

among all the partners, regardless of when they joined the firm. In addition, he established a compensation plan that has nothing to do with the revenues of a particular office or the client billings of an individual partner. Instead,... View Details
  • 12 Nov 2021
  • News

Alumni Business Leaders on Confronting the Climate Change Challenge

imperative and penalizing companies that do not have a credible decarbonizing strategy. Consumers are increasingly demanding green products and are becoming sensitive to their carbon footprint, with many apps allowing them to keep track of it and even View Details
  • 01 Feb 2002
  • News

It's academic. (Not!)

compensation dynamics, board evolution, entrepreneurial finance, and founder-CEO succession. He's also turning the spotlight on venture capital firms. "VC firms have an interesting organizational structure compared with other... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services
  • 30 Jan 2009
  • News

What’s It Worth to You?

How much is a CEO worth? What is appropriate compensation for the leader of a large and complex organization? One frequent reply has been “Let the market decide.” The “market” apparently decided that Lehman Brothers CEO Richard Fuld was... View Details
Keywords: Garry Emmons; Business Schools & Computer & Management Training; Educational Services; Management of Companies and Enterprises; Management
  • 01 Sep 2009
  • News

Over the Top

everything else.” That culture, critics maintain, spawned executive compensation plans with incentives that encouraged the excessive risk-taking that led to the financial crisis. And while the intricate details of pay plans don’t evoke... View Details
Keywords: Roger Thompson; Colleges, Universities, and Professional Schools; Educational Services; Finance; Government
  • 01 Dec 2009
  • News

Hope for Reform Dims

for claw-backs when investments go sour, and give executives significant equity stakes in their companies. “Two firms with compensation plans like I just described, Bear Stearns and Lehman Brothers, both failed. So having the right View Details
Keywords: Securities, Commodities, and Other Financial Investments; Finance; Administration of Economic Programs; Government
  • 01 Sep 2009
  • News

Executive Pay: Onward & Upward

1994 Under intense pressure from industry, regulators decide stock options should not be reported as a compensation expense but as footnotes in financial statements. 2002 Following the collapse of Enron and WorldCom, Congress enacts... View Details
Keywords: Corporate Services; Management, Scientific, and Technical Consulting Services; Professional Services
  • 01 Jun 2003
  • News

How Much is Fair?

Tobias Photo courtesy of Harcourt Author and columnist Andrew Tobias (MBA 1972) discussed executive pay and American attitudes about compensation in an article in Parade magazine (March 2, 2003), for which he is personal finance editor.... View Details
Keywords: Publishing Industries (except Internet); Information
  • 01 Dec 2008
  • News

Lesson from the Fall

affairs. Enron’s approach to compensation and incentives included many perverse features, such as encouraging growth over profitability and rewarding employees for closing commodity deals and power-generation projects without concrete... View Details
Keywords: Malcolm S. Salter; Oil and Gas Extraction; Mining; Electric Power Generation, Transmission, Distribution; Utilities
  • 01 Sep 2010
  • News

Kenneth Feinberg, Special Master

“vindictive” but to settle on compensation for top executives at bailed-out companies that would be competitive without promoting excessive risk-taking. (Feinberg’s definition of “excessive”: “I know it when I see it.”) He noted that 85... View Details
Keywords: TARP; Finance
  • 01 Jun 1999
  • News

Short Takes

of internal and external factors have an impact on their pay, and that, in fact, today's CEO compensation packages are tied very closely to company performance.Lorsch began his study by looking at the proxy statements of 72 companies... View Details
Keywords: Judith A. Ross
  • 01 Jun 2009
  • News

Author Charley Ellis on Goldman Sachs

quite rough sometimes, Whitehead always as smooth as silk. In 2006, Goldman paid more than 50 of its employees $20 million or more. Wasn’t that a tip-off to the firm that the economy was totally unmoored from business fundamentals? John Whitehead, for one, said he... View Details
Keywords: Finance
  • 01 Sep 2003
  • News

In the Running?

businesspeople say is their biggest, single problem: the soaring cost of workers’ compensation insurance.” Democrat Garamendi has twice been elected insurance commissioner — he’s also served sixteen years in the state legislature, and in... View Details
Keywords: Executive, Legislative, and Other General Government Support; Government
  • 24 Apr 2014
  • News

Côme Laguë (MBA 1993)

further strategic development of the patent. The patent holder retains significant equity in return for ongoing assistance with development and marketing. Patent attorneys who are involved also receive compensation upon a sale. No fees... View Details
  • 01 Sep 2012
  • News

Hierarchy's Last Stand

buzz. Of course, high positions still provide opportunities; a President of the United States has a bully pulpit and can use it to command attention. But attention will be ephemeral if his actions don’t earn respect. Hierarchy’s last stand is View Details
Keywords: Rosabeth Moss Kanter; Corporate Services
  • 01 Dec 2005
  • News

MBAs by the Numbers

graduation, 94.1 percent of the Class of 2005 had received job offers; 88.1 percent had accepted one, with median total compensation of $134,438 — a slight decrease from last year’s figure of $140,000. For more information on each group,... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services
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