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- January 1976 (Revised November 1987)
- Case
Contract and Consensus at General Motors--1900-1984
By: George C. Lodge
Lodge, George C. "Contract and Consensus at General Motors--1900-1984." Harvard Business School Case 376-170, January 1976. (Revised November 1987.)
- Forthcoming
- Article
Catching Outliers: Committee Voting and the Limits of Consensus When Financing Innovation
By: Andrey Malenko, Ramana Nanda, Matthew Rhodes-Kropf and Savitar Sundaresan
We document that investment committees of major VCs use a voting rule where one partner `championing' an early-stage investment is sufficient to invest. Their stated reason for this rule is to `catch outliers'. The same VCs use a more conventional `majority' rule for... View Details
Keywords: Optimal Voting Rules; Innovation and Invention; Venture Capital; Investment; Decision Making; Voting
Malenko, Andrey, Ramana Nanda, Matthew Rhodes-Kropf, and Savitar Sundaresan. "Catching Outliers: Committee Voting and the Limits of Consensus When Financing Innovation." Journal of Finance (forthcoming).
- Research Summary
Mediation and Alternative Dispute Resolution
Disputes between organizations and among individuals are an all-too-familiar feature of modern life. Lengthy court proceedings consume resources, damage relationships, and often yield outcomes that do not fully satisfy the real needs of the litigants. As a result,... View Details