Publications

17 Apr 1997
Conference Presentation

Responsibility in an Age of Interdependence

By: Lynn S. Paine

Keywords: Corporate Accountability; System

October 2012
Supplement

Olympus (B)

By: Jay W. Lorsch, Suraj Srinivasan and Kathleen Durante

This case outlines Michael Woodford's awards and honors, after having been fired from Olympus in October 2011. It discusses the repercussions following an investigation into the fraud and the report that was released thereafter. It also discusses the lawsuit that... View Details

Keywords: Accounting; Corporate Governance; Health Industry; Electronics Industry; Japan

08 Sep 2003
Research & Ideas

A Bold Proposal for Investment Reform

availability of high quality information on corporate performance is critical to the effective functioning of the exchanges and maintaining their reputations for listing reliable securities. In this e-mail Q&A, Healy and Palepu expand... View Details

Keywords: by Ann Cullen; Financial Services

2014
Book

The Integrated Reporting Movement: Meaning, Momentum, Motives, and Materiality.

By: Robert G. Eccles and Michael P. Krzus

The Integrated Reporting Movement explores the meaning of the concept, explains the forces that provide momentum to the associated movement, and examines the motives of the actors involved. The book posits integrated reporting as a key mechanism by which... View Details

Keywords: Integrated Reporting; Integrated Corporate Reporting; Society

March–April 2016
Article

Scrutiny, Norms, and Selective Disclosure: A Global Study of Greenwashing

By: Christopher Marquis, Michael W. Toffel and Yanhua Zhou

Under increased pressure to report environmental impacts, some firms selectively disclose relatively benign impacts, creating an impression of transparency while masking their true performance. We identify key company- and country-level factors that limit firms' use of... View Details

Keywords: Disclosure Strategy; Disclosure; Environmental Performance; Environmental Strategy; Environment; Symbolic; Reporting; Corporate Disclosure; Integrated Corporate Reporting; Corporate Social Responsibility and Impact

01 Jun 2003
News

Up Against The Firewall

though many kinds of cyber intrusions are not required to be reported or made public, known U.S. assaults are up nearly 300 percent since 2001, when over 52,000 cyber incidents were recorded. In that year, by some estimates, hacking View Details

Keywords: Garry Emmons; Robert Austin; Corporate Services; Corporate Services; Corporate Services

19 Sep 2011
Research & Ideas

Doomsday Coming for Catastrophic Risk Insurers?

account when they're assigning scores. "To get a really high rating, a reinsurer has to say, 'I can't devote more than 25 percent of my risk exposure to California, so I'm going to devote some to European freeze,' " he explains.... View Details

Keywords: by Maggie Starvish; Financial Services

2023
Working Paper

Deep Responsibility and Irresponsibility in the Beauty Industry

By: Geoffrey Jones

This working paper employs the concept of deep responsibility to assess the social responsibility of the beauty industry over time. It shows that many of today’s problems with the industry have deep historical roots. Products have carried too many health hazards.... View Details

Keywords: Corporate Social Responsibility and Impact; Corporate Accountability; Ethics; Beauty and Cosmetics Industry

SSRN

Web

Buy Now, Pay Later: Research Links - Manuscript Collections

techniques current in the late eighteenth and early nineteenth centuries. Baker Library Historical Collections contains numerous account books of small proprietors dating from the late seventeenth to the mid-nineteenth centuries. Dun &... View Details

01 Sep 2009
News

Executive Pay: Onward & Upward

require listed firms to have a majority of independent directors and mandate compensation committees to be entirely composed of outside directors. The exchanges also require firms to get shareholder approval of overall executive compensation plans. 2004 The Financial... View Details

Keywords: Corporate Services; Corporate Services; Corporate Services

May 2018 (Revised July 2022)
Teaching Plan

JetBlue: Relevant Sustainability Leadership (A) & (B)

By: George Serafeim and David Freiberg

Teaching Note for HBS No. 118-030. View Details

01 Mar 2009
News

Where Are They Now?

holds the Deloitte & Touche LLP Chair of Accountancy at the University of Southern California’s Marshall School of Business, looks back at his teaching career at HBS with fondness, he has no regrets about leaving when he did in 1990. “I... View Details

Keywords: Margie Kelley; Colleges, Universities, and Professional Schools; Educational Services

October 1999
Case

Royal Dutch/Shell in Transition (A)

By: Lynn S. Paine

After the Brent Spar episode and the 1995 events in Nigeria, Shell undertakes an intensive review of its values and business principles. At the same time, it conducts the largest multi-stakeholder consultation in its history in an effort to better understand society's... View Details

Keywords: Corporate Governance; Corporate Accountability; Corporate Social Responsibility and Impact; Social Issues; Public Opinion; Moral Sensibility; Values and Beliefs; Transformation; Environmental Accounting; Energy Industry

Educators

2010
Chapter

Taking Sustainability Seriously: The Time Has Come for Integrated Reporting

By: Robert G. Eccles Jr. and Michael P. Krzus

Keywords: Integrated Corporate Reporting; Corporate Social Responsibility and Impact

01 Jun 2004
News

New MBA Leadership Course

Paine: “We want students to realize their full potential as business leaders.” Courtesy HBS Communications When Andy Mulkerin (HBS ’05), a chemical engineer by training, came to HBS he knew that his class would be the first to take Leadership and View Details

Keywords: HBS; LCA; Colleges, Universities, and Professional Schools; Educational Services

October 2002 (Revised March 2004)
Case

Management Earnings Disclosure and Pro Forma Reporting

Introduces a discussion of management earnings disclosure and the growing use of pro forma reporting by corporations. Highlights the background of pro forma reporting, how it has been used in the past couple of years, and what the regulators at the capital markets... View Details

Keywords: Business Earnings; Corporate Disclosure; Financial Reporting; Management Teams

Educators

2013
Chapter

Luxembourg: A Sustainable Society Starts Here

By: Robert G. Eccles and George Serafeim

Keywords: Environmental Sustainability; Integrated Corporate Reporting; City; Luxembourg

August 2012 (Revised September 2012)
Case

JP Morgan Chase & the CIO Losses

By: Clayton Rose

On July 13, 2012, JP Morgan Chase & Co. announced a larger than expected loss for the quarter, $4.4 billion, from positions held in the Chief Investment Office (CIO), raising the total losses to $5.9 billion. Since the substantial risks in the CIO had first been... View Details

Keywords: Banking; Governance; Finance; Risk Management; Corporate Governance; Business Earnings; Accounting; Banking Industry; Financial Services Industry; United States

Educators

September 7, 2020
Article

Where ESG Ratings Fail: The Case for New Metrics

By: Mark R. Kramer, Nina Jais, Erin E. Sullivan, Carina Wendell, Kerry Rodriguez, Carlo Papa, Carlo Napoli and Filippo Forti

One agency’s A+ is another’s “laggard” — and neither links to financial performance. Hybrid metrics will change everything, argue Harvard Business School’s Mark Kramer and leaders in the shared-value movement. View Details

Keywords: ESG Ratings; Shared Value; Integrated Corporate Reporting; Performance; Measurement and Metrics