Shareholder - Publications - Faculty & Research

February 2011 (Revised May 2012)
Teaching Note

Stanley Black & Decker, Inc. (TN)

Teaching Note for 211-067. View Details

Keywords: Information Infrastructure; Business and Shareholder Relations; Value Creation; Opportunities; Mergers and Acquisitions; Corporate Governance; Executive Compensation; Balance and Stability; Manufacturing Industry

Citation

Purchase

09 Sep 2009
First Look

First Look: September 9

equity that are nonetheless considered public by virtue of having publicly traded debt. We develop and test two hypotheses. The "demand" hypothesis holds that earnings of public equity firms are of higher quality than earnings of private equity firms due to... View Details

Keywords: Martha Lagace

20 Apr 2009
Research & Ideas

Misgovernance at the World Bank

capital, shareholder losses, and, in the extreme, financial crises—at the end of the day the investors by their nature have some tolerance for risk. "In an aid organization, however, the costs of misgovernance are borne not by the... View Details

Keywords: by Martha Lagace

09 Sep 2024
HBS Case

McDonald’s and the Post #MeToo Rules of Sex in the Workplace

Easterbrook forfeited cash and stock worth $105 million. Shareholders sued the board for breach of its fiduciary duties, including its oversight duty, but the Delaware Court of Chancery dismissed the suit, saying the board acted... View Details

Keywords: by Avery Forman; Food & Beverage

26 May 2003
Research & Ideas

Corporate Transparency Improves For Foreign Firms in U.S. Markets

define corporate transparency as the quantity and quality of information a company provides its various constituents including shareholders and other capital providers, suppliers, customers, employees, etc. In this paper, we measure this... View Details

Keywords: by Cynthia Churchwell

19 Nov 2013
First Look

First Look: November 19

as servers, consulting, and software-as-a-service) and now claimed he needed to take the company private to do so. By the summer of 2013, the Dell board and its shareholders would have to decide whether to accept his offer to take the... View Details

Keywords: Sean Silverthorne

11 May 2010
First Look

First Look: May 11

can induce a controlling shareholder to list equity. Higher valuations support listings associated with greater agency costs. We test the predictions that follow from this idea on a sample of publicly listed corporate subsidiaries in... View Details

Keywords: Martha Lagace

February 2012
Article

Management Practices across Firms and Countries

By: Nicholas Bloom, Christos Genakos, Raffaella Sadun and John Van Reenen

For the last decade we have been using double-blind survey techniques and randomized sampling to construct management data on over 10,000 organizations across 20 countries. On average, we find that in manufacturing American, Japanese, and German firms are the best... View Details

Keywords: Management Practices and Processes; Competency and Skills; Governing Rules, Regulations, and Reforms; Organizations; Developing Countries and Economies; Economic Sectors; Performance; Business and Shareholder Relations; Private Equity; Multinational Firms and Management; United States; Germany; Japan; China; India

Citation

Find at Harvard

Read Now

21 Feb 2017
First Look

First Look at New Research: February 21

shareholders more than $3.95 trillion via stock buybacks and $2.45 trillion via dividends—$6.4 trillion in total. These shareholder payouts amounted to over 93% of the firms' net income. Academics, corporate... View Details

Keywords: Carmen Nobel

09 Jul 2013
Research & Ideas

Catching Up With Boards--Jay Lorsch

been ever upward. There was some hope that the concept of "say-on-pay," where shareholders vote on the CEO's compensation, might have some impact by making compensation committees more cautious, but we clearly still have a long... View Details

Keywords: by Jim Aisner

10 May 2004
Research & Ideas

Rethink the Value of Joint Ventures

there are not diffuse shareholders in the multinational-subsidiaries. Surprisingly, many of the same puzzling patterns we see in dividend policies more generally—smoothed payments, a willingness to incur avoidable tax costs—persist inside... View Details

Keywords: by Cynthia Churchwell

28 Aug 2017
Research & Ideas

Should Industry Competitors Cooperate More to Solve World Problems?

Source: Cecilie_Arcurs George Serafeim has a startling suggestion to fix the world’s biggest environmental, social, and governance (ESG) problems such as water pollution, deforestation, and wealth inequality: encourage companies within industries to do less competing... View Details

Keywords: by Sean Silverthorne; Financial Services; Manufacturing; Agriculture & Agribusiness; Mining

02 Jul 2013
First Look

First Look: July 2

industry. Purchase this case: http://hbr.org/search/413060-PDF-ENG Harvard Business School Case 113-124 AIG and the American Taxpayers (A) Explores the decision faced by AIG's board on whether to join shareholder and ex-CEO Maurice... View Details

Keywords: Anna Secino

17 Mar 2022
Research & Ideas

Navigating Tradeoffs: How Purpose Becomes a Company's ‘Lighthouse in the Storm’

my new book Deep Purpose: The Heart and Soul of High-Performance Companies, I explore how purpose-driven leaders find success by going beyond focusing only on shareholders and customers and also considering their employees, communities,... View Details

Keywords: by Ranjay Gulati

27 Jul 2019
Op-Ed

Does Facebook's Business Model Threaten Our Elections?

Changing that to a completely new business model would be more than difficult because individual users seem well served, advertisers like the reach and targeting ability on the platform, and shareholders can’t complain either. It is... View Details

Keywords: by George Riedel

10 Sep 2014
Research & Ideas

Become a Value Creator

not goals in and of themselves," Hall says. "It's hard to wake up in the morning and get excited about creating shareholder value. The way to be a successful company is to think, How do we produce this at better costs, or how do... View Details

Keywords: by Dina Gerdeman

15 Jul 2002
Research & Ideas

Going Green Makes Good Business Sense

Press in 2000. Reinhardt evaluated current trends and tensions for managers, and outlined tactics that managers use to try to reconcile what at face value seem competing objectives: how to maximize shareholder value while at the same time... View Details

Keywords: by Martha Lagace

31 Mar 2002
Research & Ideas

You’re Wasting Your Employees! What You Can Do About It

that the owners of the scarce resources are no longer only the shareholders but also the employees. The implications are profound. Top management must begin renegotiating both implicit and explicit contracts with key stakeholders,... View Details

Keywords: by Christopher A. Bartlett & Sumantra Ghoshal

08 Jan 2001
Research & Ideas

Can Japan Compete? [Part Two]

and shareholders have the ability to put the heat on the company if it is not performing. These represent rather substantial changes in the Japanese organizational model. The leading companies—the Sonys—are rapidly moving in these... View Details

Keywords: by Martha Lagace & Hilah Geer

23 May 2011
Op-Ed

Leading and Lagging Countries in Contributing to a Sustainable Society

interest to shareholders and other stakeholders. The Internet can also be used to increase the degree of dialogue and engagement with all stakeholders. Integrated reporting is as much about "listening" as it is about "talking." Since... View Details

Keywords: by Robert G. Eccles & George Serafeim

Publications