Legitimacy - Publications - Faculty & Research

21 Feb 2005
Op-Ed

Is Business Management a Profession?

give them legitimacy in the eyes of the public—from their actual work activities. Our speculations about a genuine professionalization of management as a remedy for the crisis of legitimacy now facing... View Details

Keywords: by Rakesh Khurana, Nitin Nohria & Daniel Penrice

16 May 2005
Research & Ideas

Nonprofit Networking: The New Way to Grow

networks that have been documented by researchers include mutual learning; enhanced legitimacy and status for the members; economic power; and an enhanced ability to manage uncertainty, she continued. The work of nonprofits is even more... View Details

Keywords: by Martha Lagace

21 Feb 2019
Research & Ideas

Voter ID Laws Don't Work (But They Don't Hurt Anything, Either)

policies, and for the overall legitimacy and stability of democratic regimes. In the United States, for instance, minorities are much less likely to vote than whites and young people are much less likely to vote than seniors. The trend of... View Details

Keywords: by Sean Silverthorne

Research Summary

Research Thrust

By: Rakesh Khurana

I am trained in organizational sociology and my main areas of interest lie in macro-organizational theory and the dynamics of executive labor markets. To date, my research has focused on two themes. The first revolves around understanding the forces that govern the... View Details

07 Jul 2009
Research Event

Business Summit: Historical Roots of Globalization

of convergence can be hard for people and countries to support, though, and over time can mount into an anti-globalization backlash. Globalization today faces a legitimacy crisis that has been unfolding for the past decade, a product... View Details

Keywords: Re: Multiple Faculty

17 Jul 2009
Research Event

Business Summit: Ethics in Globalization

Mossavar-Rahmani Center for Business and GovernmentMichael Oxley, Of Counsel, Baker HostetlerDaniel Vasella, Chairman & CEO, Novartis Drawing upon learnings from their work and experiences, the panelists and moderator exchanged views with the audience on the ethics... View Details

Keywords: Re: Rafael M. Di Tella

20 Dec 2011
First Look

First Look: December 20

that managerial fiduciary duties affect equity-bondholder conflicts in a way that is economically important, has impact on ex ante capital structure choices, and affects welfare. Download the paper: http://www.hbs.edu/research/pdf/10-070.pdf The Evolving Basis for... View Details

Keywords: Carmen Nobel

14 Nov 2005
Research & Ideas

How Can Start Ups Grow?

stepping out of their comfort zone. An entity is considered to have legitimacy when its actions are considered proper, acceptable, or desirable under a widely accepted set of beliefs and norms. A new, unfamiliar activity or entity does... View Details

Keywords: by Sarah Jane Gilbert; Advertising

12 Mar 2006
Research & Ideas

Global Poverty Needs a Global Answer

Business derives its legitimacy from ideology—the ideas of property rights and marketplace competition, for example. In the 1980s, Professor Ezra Vogel of Harvard and I compared the ideologies of nine countries, noting how the sources of... View Details

Keywords: by Cynthia Churchwell

21 Aug 2018
First Look

New Research and Ideas, August 21, 2018

Legitimacy Narratives By: Clair, Judith A., Kathleen L. McGinn, Beth K. Humberd, Rachel D. Arnett, and Katherine Chen Abstract—While prior research recognizes that women struggle to maintain legitimacy for... View Details

Keywords: Dina Gerdeman

21 Feb 2007
Op-Ed

What a U.N. Partnership with Big Business Could Accomplish

The Case For Corporate Support There are many reasons why far-sighted executives should be interested in supporting the concept of a World Development Corporation. The idea that corporate legitimacy stems from the satisfaction of... View Details

Keywords: by George C. Lodge & Craig Wilson

23 Sep 2013
Research & Ideas

Status: When and Why It Matters

resources less willingly to organizations that fail to distinguish their identities from the established elite." "If you're aspiring to be a high-status player in your industry and you have to partner with other firms in your industry, you can establish your... View Details

Keywords: by Dina Gerdeman

28 Feb 2007
Research & Ideas

Capital Rules: The Tensions of Global Finance

and socialize new members into the norms of openness. With so much of the world outside the rule of liberal Europe and the OECD club of rich countries, such ad hoc globalization effectively undermines the legitimacy of global financial... View Details

Keywords: by Rawi Abdelal

30 Jun 2009
Research Event

Business Summit: The Role of Business Leaders in Sustaining Market Capitalism

solves problems by self-correcting, there is still a belief that business leaders must act ethically. Light regulation across all aspects of the business world could promote greater transparency. To sustain market capitalism, businesses must earn View Details

Keywords: Re: Multiple Faculty

05 Nov 2013
First Look

First Look: November 5

nongovernment organizations (INGOs). Taken together, these findings suggest the importance of multiple, robust, overlapping, and reinforcing governance regimes to meaningful transnational regulation. Download working paper: http://ssrn.com/abstract=2178540 The Downside... View Details

Keywords: Sean Silverthorne

13 Dec 2004
Research & Ideas

Sharing News That Might Be Bad

obligations on the recipient; there are practices followed by privately held businesses, family businesses, and employee-owned businesses. Here's the lynchpin: If the answer you provide does not feel truthful and complete, you fail. Seeking Constructive View Details

Keywords: by Paul Michelman

14 Nov 2012
Research & Ideas

New Agenda for Corporate Accountability Reporting

tackle if reporting is to achieve legitimacy in the system of market capitalism, says Ramanna. "One of the things we hope the conference does is bring to bear some of our research methods to address this central question of whether... View Details

Keywords: by Martha Lagace; Accounting; Energy; Utilities

17 Nov 2015
Lessons from the Classroom

How Activist Investors Became Respectable

a generation. Once reviled as villains operating on the fringes of the market, they are now powerful forces at work in the mainstream of business. Activist investing gained legitimacy and influence thanks in part to the development of a... View Details

Keywords: by Joseph Fuller; Financial Services; Banking

20 Dec 2016
First Look

December 20, 2016

officials. Distrust in the government increases the preferred tax rate on the top 1% only when business legitimacy is low. A model with multiple equilibria helps interpret these findings. In one of the equilibria, meetings are allowed,... View Details