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  • 06 Feb 2018
  • First Look

First Look at New Research and Ideas: February 6, 2018

Patent and Trademark Office (USPTO). Our findings illuminate the micro-foundations of innovation in firms by highlighting a trade-off between organizing patenting activity to maximize scope versus speed. Publisher's link:... View Details
  • 28 Nov 2012
  • What Do You Think?

Should Pay-for-Performance Compensation be Replaced?

compensation at least since proponents of agency theory 25 years ago began advocating the use of stock options in compensation packages. Its use is a source of praise in the evaluation of governance by rating agencies that provide guidance to View Details
Keywords: by James Heskett
  • 04 Oct 2007
  • What Do You Think?

Has Managerial Capitalism Peaked?

about hedge fund managers and private equity managers raking in billions while decimating companies and destabilizing markets more than we worry about whether the CEO of Ford took home a few paltry millions while actually running a company that is open to View Details
Keywords: by Jim Heskett
  • 01 Sep 2008
  • News

Building a Better MBA

skills tied to specific disciplinary knowledge that are increasingly vacuous and superfluous.” And HBS professor Rakesh Khurana contends that many business schools have been complicit in creating recent corporate scandals by turning out graduates fixated on View Details
Keywords: Roger Thompson; Colleges, Universities, and Professional Schools; Educational Services
  • June 2025
  • Case

Vail Resorts: Responding to Activist Pressure (A)

By: Benjamin C. Esty and Edward A. Meyer
On January 27, 2025, the head of a relatively small hedge fund named Late Apex Partners sent a highly critical letter to the board of directors of Vail Resorts, the world’s largest ski resort operator. In his letter, and the 88-slide presentation that accompanied his... View Details
Keywords: Corporate Finance; Capital Budgeting; Corporate Governance; Competitive Advantage; Competitive Strategy; Leading Change; Valuation; Investment Activism; Climate Change; Management Succession; Financial Management; Risk Management; Business and Shareholder Relations; Sports Industry; Entertainment and Recreation Industry; Travel Industry; United States; Australia; Canada
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Esty, Benjamin C., and Edward A. Meyer. "Vail Resorts: Responding to Activist Pressure (A)." Harvard Business School Case 225-082, June 2025.
  • 10 Sep 2001
  • Research & Ideas

The Negotiator’s Secret: More Than Merely Effective

analysis, all subjects were asked for their private assessment of the target company's fair value—as distinct from how they might portray that value in the bargaining process. Those assigned the role of seller gave median valuations more... View Details
Keywords: by James K. Sebenius
  • 24 Feb 2014
  • Research & Ideas

Busting Six Myths About Customer Loyalty Programs

consumers bestow their loyalty by spending most of their grocery dollars with one retailer for 1-2 percent payback? Let's look more closely at the actual rewards. They come in two forms : (1) turbo charged vouchers (doubling, tripling, or even quintupling the View Details
Keywords: by Marcel Corstjens & Rajiv Lal; Retail; Consumer Products
  • 15 Jun 2020
  • News

Alumni and Faculty Books for June 2020

business is to make money and maximize shareholder value. She shows that we have failed to reimagine capitalism as not only an engine of prosperity, but also a system in harmony with environmental realities,... View Details
  • 21 Jan 2009
  • First Look

First Look: January 21, 2009

the company into Arrow to maximize its value if he does the deal. Provides information to permit valuing the acquisition and developing a post-merger integration strategy and... View Details
Keywords: Martha Lagace
  • 01 Dec 2011
  • News

Making the Case for Leadership

company’s culture on three cornerstones: quality, performance, and valuing the individual employee. As for strategy and the bottom line, the commercial areas he focused on were the medical-services business and the fiber division—even... View Details
Keywords: Garry Emmons;Julia Hanna;Roger Thompson; Performing Arts, Spectator Sports, and Related Industries; Arts, Entertainment; National Security and International Affairs; Government; Health, Social Assistance; Data Processing, Hosting, and Related Services; Information; Electrical Equipment, Appliance, and Component Manufacturing; Manufacturing; Food Manufacturing; Manufacturing; Nonmetallic Mineral Product Manufacturing; Manufacturing; Management, Scientific, and Technical Consulting Services; Professional Services
  • Person Page

Media

Media

This lists media reports covering my firm dollarDEX Investments or me (or my colleagues), or columns written by me (or my colleagues). There are all... View Details

  • 21 May 2019
  • Blog Post

Asian Pacific American Heritage Month at HBS

a genuine curiosity for the lives of others.  From this, I learned that sharing personal stories is a way to form connections with anyone. Building relationships has helped me develop a strong sense of my values and how I want to advocate... View Details
  • 28 May 2013
  • First Look

First Look: May 28

in conjunction with debt, to be the best policy alternative under real external shocks for emerging nations. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=44340 How Do Staggered Boards Affect Shareholder Value? Evidence from... View Details
Keywords: Sean Silverthorne
  • 03 May 2011
  • First Look

First Look: May 3

MBA: Business Education at a Crossroads Authors:Srikant M. Datar, David A. Garvin, and Patrick Cullen Publication:Journal of Management Development 30, no. 5 (2011) Abstract The paper seeks to examine major challenges facing MBA programs and to argue that they will... View Details
Keywords: Sean Silverthorne
  • 05 Nov 2013
  • First Look

First Look: November 5

value creation for shareholders overall. August 2013 Quarterly Journal of Economics Last-place Aversion: Evidence and Redistributive Implications By: Kuziemko, Ilyana, Ryan Buell, Taly Reich, and Michael... View Details
Keywords: Sean Silverthorne
  • 15 May 2006
  • Lessons from the Classroom

Women Find New Path to Work

and maximizing value within my workplace? But also how do I think about using those tools in negotiating my re-entry to the workplace in terms of talking with my family, my spouse, with my childcare... View Details
Keywords: by Mallory Stark
  • 08 Aug 2018
  • News

Getting Life Back in Balance

profit, decently” inspired him to consider what he really wanted to do with the next chapter in life. He also credits the curriculum with integrating corporate ethics and values throughout, and challenging various ways of thinking and... View Details
Keywords: Jennifer Myers
  • 28 May 2012
  • Research & Ideas

A Pragmatic Alternative for Creating a Corporate Social Responsibility Strategy

the company's bottom line, as well as the environmental or social impacts of one or more of its value chain partners. Theatre 3 encompasses programs targeted at fundamentally changing the business's ecosystem. This transformation is... View Details
Keywords: by Dina Gerdeman
  • 29 Jun 2007
  • First Look

First Look: June 29, 2007

an important issue. Although total network value is maximized when everyone operates in one compatible network, we find that the technology benefits of the users depend on vendor incentives, which are driven... View Details
Keywords: Martha Lagace
  • 02 Mar 2015
  • Research & Ideas

Retail Reaches a Tipping Point—Which Stores Will Survive?

competitors under a framework the authors term TIPS, for technology, inventory, people, and space (size, location, and ambiance). These are the four major assets that retailers must use effectively and efficiently to create a compelling and distinctive View Details
Keywords: by Sean Silverthorne; Retail
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