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  • All HBS Web  (1,865)
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  • 14 Jun 2004
  • Research & Ideas

The Big Money for Big Projects

the cost and schedule overruns. In general, I think the project would have benefited from more "for-profit" incentives—if there's not clear incentives to be efficient and make profits, people won't. To address this concern in... View Details
Keywords: by Ann Cullen; Financial Services
  • June 1997 (Revised May 1998)
  • Case

Mobil USM&R (A2)

By: Robert S. Kaplan
Second of a two-part case on the development and use of a Balanced Scorecard (BSC) at Mobil's US Marketing and Refining Division. This case describes the completed BSC, and how this was linked to the BSCs of the independent business units and the internal service... View Details
Keywords: Balanced Scorecard; Performance Evaluation; Management Teams; Management Practices and Processes; Executive Compensation; Motivation and Incentives; Corporate Strategy; Energy Industry; Mining Industry; United States
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Kaplan, Robert S. "Mobil USM&R (A2)." Harvard Business School Case 197-121, June 1997. (Revised May 1998.)
  • 15 Dec 2009
  • First Look

First Look: Dec. 15, 2009

funds exhibit no better skill at asset allocation. Furthermore, funds sold through brokers demonstrate more performance sensitivity than funds sold through the direct channel. While the costs of brokers' services are View Details
Keywords: Martha Lagace
  • 31 Oct 2004
  • Research & Ideas

The New CEO’s Wrong Message

wanted to be consulted and those on which he would fully trust his managers. He created a task force to review some of the company's key management processes—planning, budgeting, performance evaluation, new product rollout, development of... View Details
Keywords: by Michael E. Porter, Jay W. Lorsch & Nitin Nohria
  • 21 Jul 2006
  • Op-Ed

Enron Jury Sent the Right Message

natural gas strategy to the water and broadband businesses, the unprofitable international power development strategy, the perverse financial incentives for executives, the aggressive use of mark-to-market accounting, the View Details
Keywords: by Malcolm S. Salter
  • 23 Apr 2008
  • Op-Ed

The Gap in the U.S. Treasury Recommendations

banks to fail, including several relatively large ones. Not surprisingly, bank regulators responded by tightening credit standards and strengthening capital requirements. This worked well for the banking system. When the economy turned... View Details
Keywords: by Dwight Crane; Banking; Construction; Real Estate; Financial Services
  • 06 Sep 2016
  • First Look

September 6, 2016

position is unreasonable, it may make little sense to be reasonable yourself. But if everyone routinely came to a dispute with a realistic starting position, the offers would be more or less aligned, and any negotiation that followed would most likely be View Details
Keywords: Carmen Nobel
  • 10 Oct 2005
  • Research & Ideas

Corporate Responsibility and the Environment: What is the Right Thing To Do?

by Harvard Business School professor Forest Reinhardt, considered whether firms should and do engage extensively in CSR. This essay, in other words, considered empirical evidence. Reinhardt found that relatively few firms do engage in... View Details
Keywords: by Manda Salls
  • 17 Dec 2020
  • Research & Ideas

The 10 Most Popular Stories of 2020

Values, and Damages Great Companies Performance hacking means overzealous advocacy of positive interpretations to the point of detachment from actuals. In business as in research there are strong incentives... View Details
Keywords: by Dina Gerdeman
  • 2012
  • Other Unpublished Work

The Efficacy of Shareholder Voting: Evidence from Equity Compensation Plans

By: Ian D. Gow, Christopher S. Armstrong and David F. Larcker
This study examines the effects of shareholder support for equity compensation plans on subsequent chief executive officer (CEO) compensation. Using cross-sectional regression, instrumental variable, and regression discontinuity research designs, we find little... View Details
Keywords: Voting; Equity; Executive Compensation; Rights; Performance Effectiveness; Business and Shareholder Relations; Mathematical Methods; Motivation and Incentives
Citation
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Gow, Ian D., Christopher S. Armstrong, and David F. Larcker. "The Efficacy of Shareholder Voting: Evidence from Equity Compensation Plans." 2012.
  • 28 Mar 2004
  • Research & Ideas

HBS Celebrates Social Enterprise Initiative

institutions and undertakings. The apparent level of student and faculty interest was relatively low, but our belief was that there was significant latent demand. The apparent level of student and faculty interest was View Details
Keywords: by Manda Salls
  • 09 Jan 2007
  • First Look

First Look: January 9, 2007

find that venture capitalists with the most industry experience increase their investments the most when public market signals become more favorable. Their reaction to an increase is greater than the reaction of venture capital organizations with View Details
Keywords: Martha Lagace
  • 04 Nov 2002
  • What Do You Think?

What’s Best for the Corporate Brain?

orderly introduction of new talent into an organization, perhaps by periodically identifying and letting the lowest performers go, was applauded. One of the comments reflects this view: "What is really important is that companies... View Details
Keywords: by James Heskett
  • 03 Feb 2016
  • What Do You Think?

How Do You Hire an 'Impostor'?

however, succeeded in completing their MBAs with honors. They used the phenomenon as an incentive to succeed, setting high standards for performance and worrying about being under-prepared. They were (and... View Details
Keywords: by James Heskett
  • 07 Aug 2009
  • What Do You Think?

Why Can’t Americans Get Health Care Right?

achieved is in question. Where, for example, should fiat or regulation ("push"), incentives or subsidies ("pull"), or the provision of new information, education, or even competitive alternatives be employed? Given the... View Details
Keywords: by Jim Heskett; Health
  • 07 Oct 2015
  • What Do You Think?

What is the Best Immigration Model for the US?

the European “lessons” on immigration. “Compare (Germany) with France, which provides time off for parental leave and financial incentives to have children, and unsurprisingly they have plenty of kids ... and are not so keen on... View Details
Keywords: by James Heskett
  • 03 Mar 2009
  • First Look

First Look: March 3, 2009

relative to one-sided markets. Download the paper: http://www.hbs.edu/research/pdf/08-011.pdf Why Do Intermediaries Divert Search? (revised) Authors:Andrei Hagiu and Bruno Jullien Abstract We analyze the View Details
Keywords: Martha Lagace
  • December 2003 (Revised May 2004)
  • Case

Sears Auto Centers (A) (Abridged)

By: Lynn S. Paine
In the early 1990s Sears faced and allegations by the California Department of Consumer Affairs that the company's auto repair centers had been overbilling customers and making unnecessary repairs. Top management must evaluate the problem and come up with a plan to... View Details
Keywords: Corporate Governance; Corporate Accountability; Ethics; Organizational Culture; Compensation and Benefits; Management Teams; Employees; Behavior; Motivation and Incentives; Performance Improvement; Auto Industry
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Paine, Lynn S. "Sears Auto Centers (A) (Abridged)." Harvard Business School Case 304-063, December 2003. (Revised May 2004.)
  • 03 Jan 2007
  • First Look

First Look: January 3, 2007

Bureau's Longitudinal Business Database. The comprehensive micro-data allow us to study how both the entry rate and the distribution of entry sizes for new startups responded to changes in banking competition. Moreover, we distinguish the View Details
Keywords: Sean Silverthorne
  • 01 Jun 2021
  • What Do You Think?

Are Employers Ready for a Flood of 'New' Talent Seeking Work?

school or relatives who had contracted the virus. Others were laid off, many for reasons we’ll probably never know. Others took advantage of the pandemic to retire early from the paid workforce. These phenomena were even more marked for... View Details
Keywords: by James Heskett
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