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  • All HBS Web  (619)
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  • June 2017 (Revised September 2021)
  • Case

Sales Misconduct at Wells Fargo Community Bank

By: Suraj Srinivasan, Dennis W. Campbell, Susanna Gallani and Amram Migdal
Set in early 2017, this case examines widespread sales misconduct at Wells Fargo Community Bank. Wells Fargo's governance and controls are described in the lead up to the September 2016 announcement that Wells Fargo had settled with regulators for $185 million in... View Details
Keywords: Corporate Governance; Governance Controls; Governing Rules, Regulations, and Reforms; Governing and Advisory Boards; Executive Compensation; Lawsuits and Litigation; Crisis Management; Mission and Purpose; Organizational Design; Business and Community Relations; Business and Government Relations; Crime and Corruption; Business Organization; Business Model; Ethics; Corporate Accountability; Governance Compliance; Policy; Compensation and Benefits; Resignation and Termination; Laws and Statutes; Legal Liability; Business or Company Management; Risk Management; Business Processes; Organizational Culture; Organizational Structure; Failure; Agency Theory; Business and Shareholder Relations; Business and Stakeholder Relations; Risk and Uncertainty; Salesforce Management; Public Opinion; Banking Industry; North and Central America
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Srinivasan, Suraj, Dennis W. Campbell, Susanna Gallani, and Amram Migdal. "Sales Misconduct at Wells Fargo Community Bank." Harvard Business School Case 118-009, June 2017. (Revised September 2021.)
  • April 2011 (Revised February 2016)
  • Case

Jamaica's Anemic Growth: The IMF, China and the Debt(th) Trap

By: Rafael Di Tella and Natalie Kindred
This case describes the economic development problems faced by the small Caribbean-island country of Jamaica over most of the past half-century. The Jamaican economy showed relatively strong growth in the 1960s but stagnated in the 1970s. By the end of that decade,... View Details
Keywords: Government Administration; Economic Slowdown and Stagnation; International Finance; Crime and Corruption; Poverty; Private Sector; Insolvency and Bankruptcy; Economy; Developing Countries and Economies; Borrowing and Debt; Jamaica
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Di Tella, Rafael, and Natalie Kindred. "Jamaica's Anemic Growth: The IMF, China and the Debt(th) Trap." Harvard Business School Case 711-031, April 2011. (Revised February 2016.)
  • 05 Jul 2017
  • Research & Ideas

Are Stockbrokers Illegally Leaking Confidential Information to Favored Clients?

area, that would be important.” Related Reading: Connecting School Ties and Stock Recommendations Why White-Collar Criminals Commit Their Crimes What do you think? Do you think stockbrokers should come under more scrutiny from regulators?... View Details
Keywords: by Carmen Nobel; Financial Services
  • June 2008 (Revised May 2009)
  • Supplement

Corruption at Siemens (D)

By: Paul M. Healy and Maria Loumioti
Keywords: Crime and Corruption
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Healy, Paul M., and Maria Loumioti. "Corruption at Siemens (D)." Harvard Business School Supplement 108-036, June 2008. (Revised May 2009.)
  • Article

The Fall of Enron

By: Paul M. Healy and Krishna G. Palepu
Keywords: Crime and Corruption
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Healy, Paul M., and Krishna G. Palepu. "The Fall of Enron." Journal of Economic Perspectives 17, no. 2 (Spring 2003).
  • 2002
  • Book

Buy, Lie, and Sell High: How Investors Lost Out on Enron and the Internet Bubble

By: D. Quinn Mills
Keywords: Sales; Crime and Corruption; Online Technology
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Mills, D. Quinn. Buy, Lie, and Sell High: How Investors Lost Out on Enron and the Internet Bubble. Upper Saddle River, NJ: Financial Times Prentice Hall, 2002.
  • July 2005 (Revised August 2006)
  • Background Note

Bribery in Business: A Legal Perspective

By: Lynn S. Paine and Christopher Bruner
Provides a brief overview of the concept of bribery and the principal rationales prompting restrictions on such conduct. Also, reviews some of the most important U.S. and international laws prohibiting various forms of bribery. View Details
Keywords: Crime and Corruption; Lawfulness
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Paine, Lynn S., and Christopher Bruner. "Bribery in Business: A Legal Perspective." Harvard Business School Background Note 306-012, July 2005. (Revised August 2006.)
  • October 1997
  • Article

Does Competition Kill Corruption?

By: Christopher Bliss and Rafael Di Tella
Corrupt agents (officials or gangsters) exact money from firms. Corruption affects the number of firms in a free-entry equilibrium. The degree of deep competition in the economy increases with lower overhead costs relative to profits and with a tendency toward similar... View Details
Keywords: Competition; Crime and Corruption
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Bliss, Christopher, and Rafael Di Tella. "Does Competition Kill Corruption?" Journal of Political Economy 105, no. 5 (October 1997): 1001–1023.
  • January–February 2013
  • Article

When the Crowd Fights Corruption

By: Paul M. Healy and Karthik Ramanna
Corruption is the greatest impediment to conducting business in Russia, according to leaders recently surveyed by the World Economic Forum. Indeed, it's a problem in many emerging markets, and businesses have a role to play in combating it, according to Healy and... View Details
Keywords: Corruption; Emerging Economies; Crime and Corruption; Entrepreneurship; Ethics; Globalization; Russia; Georgia (nation, Asia); India
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Healy, Paul M., and Karthik Ramanna. "When the Crowd Fights Corruption." Harvard Business Review 91, nos. 1/2 (January–February 2013).
  • May/June 2002
  • Article

A Modest Proposal for Dealing with the Enron Crisis

By: Jay W. Lorsch and Martin Lipton
Keywords: Crime and Corruption; Crisis Management
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Lorsch, Jay W., and Martin Lipton. "A Modest Proposal for Dealing with the Enron Crisis." Corporate Governance Advisor 10, no. 3 (May/June 2002): 1–4.
  • 15 Mar 2011
  • First Look

First Look: March 15

Political Representation and Crime in India Authors:Lakshmi Iyer, Anandi Mani, Prachi Mishra, and Petia Topalova Abstract Using state-level variation in the timing of political reforms, we find that an increase in female representation in... View Details
Keywords: Sean Silverthorne
  • December 2016
  • Article

The Effect of File Sharing on Record Sales, Revisited

By: Felix Oberholzer-Gee and Koleman Strumpf
Even as we approach the twentieth anniversary of widespread file sharing, its impact on the sale of copyrighted material remains in dispute. We contributed to this debate with an early study, “The Effect of File Sharing on Record Sales: An Empirical Analysis,” that was... View Details
Keywords: Crime and Corruption; Copyright; Sales; Retail Industry; Music Industry
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Oberholzer-Gee, Felix, and Koleman Strumpf. "The Effect of File Sharing on Record Sales, Revisited." Information Economics and Policy 37 (December 2016): 61–66.
  • September 1986 (Revised March 1991)
  • Case

Graves Industries, Inc. (A)

The first in a series of cases that explores the causes and methods of fraudulent financial reporting and the lines between acceptable, unethical, and fraudulent behaviors. View Details
Keywords: Crime and Corruption; Ethics; Financial Reporting
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Merchant, Kenneth A. "Graves Industries, Inc. (A)." Harvard Business School Case 187-045, September 1986. (Revised March 1991.)
  • 03 Mar 2019
  • Working Paper Summaries

Strict ID Laws Don’t Stop Voters: Evidence from a U.S. Nationwide Panel, 2008–2016

Keywords: by Enrico Cantoni and Vincent Pons
  • December 1990 (Revised November 1992)
  • Case

Anheuser-Busch and Campbell Taggart

In 1984, the SEC accused Paul Thayer and eight others of insider trading. Some of Thayer's inside information came from his position on the board of Anheuser-Busch, where he had learned about Busch's 1982 merger with Campbell Taggart before the merger was publicly... View Details
Keywords: Crime and Corruption; Ethics; Capital Markets; Manufacturing Industry; Food and Beverage Industry; United States
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Sirri, Erik R. "Anheuser-Busch and Campbell Taggart." Harvard Business School Case 291-020, December 1990. (Revised November 1992.)
  • December 2019 (Revised November 2023)
  • Background Note

Legal Analysis: Insider Trading Liability

By: Trevor Fetter, Eugene F. Soltes and Grant Wahlquist
There are numerous restrictions against trading on material, nonpublic information (MNPI)—typically called “insider trading.” This note describes the limitations facing managers and investors as enforced civilly and criminally within the United States. View Details
Keywords: Insider Trading; Legal Liability; Ethics; Crime and Corruption; Finance; United States
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Fetter, Trevor, Eugene F. Soltes, and Grant Wahlquist. "Legal Analysis: Insider Trading Liability." Harvard Business School Background Note 320-080, December 2019. (Revised November 2023.)
  • February 2014
  • Background Note

“When I look back…” Reflections of Bernard Madoff

By: Eugene F. Soltes and Sara Hess
This background note for instructors provides details of Bernard Madoff's career and the classroom recording. View Details
Keywords: Ponzi Scheme; Crime and Corruption; Personal Development and Career; Finance; United States
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Soltes, Eugene F., and Sara Hess. "'When I look back…' Reflections of Bernard Madoff." Harvard Business School Background Note 114-050, February 2014.
  • 2012
  • Chapter

Evidence from the Firm: A New Approach to Understanding Corruption

By: Shawn A. Cole and Anh Tran
Due to its clandestine nature, most of what we understand about corruption comes from survey evidence and self-reported perceptions of corruption: this limits both the range of questions that can be asked and the precision of answers that can be provided. This chapter... View Details
Keywords: Measurement and Metrics; Crime and Corruption; Organizations; Ownership; Asia
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Cole, Shawn A., and Anh Tran. "Evidence from the Firm: A New Approach to Understanding Corruption." Chap. 14 in International Handbook on the Economics of Corruption, Volume 2, edited by Susan Rose-Ackerman and Tina Soreide, 408–427. Edward Elgar Publishing, 2012.
  • September 1999 (Revised September 2011)
  • Case

Caselets: Bribery and Extortion in International Business

By: Louis T. Wells Jr.
"Caselets" present several examples of decisions involving bribery or take other actions that could be considered as corrupt. View Details
Keywords: Crime and Corruption; Decisions; Trade
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Wells, Louis T., Jr. "Caselets: Bribery and Extortion in International Business." Harvard Business School Case 700-055, September 1999. (Revised September 2011.)
  • August 1994 (Revised December 1996)
  • Case

Astra Sports, Inc. (B)

By: John A. Quelch
Astra executives meet to discuss their options with a Venezuelan company that, for seven years, manufactured and marketed athletic shoes under the Astra name without authorization from Astra. View Details
Keywords: Strategy; Crime and Corruption; Brands and Branding; Manufacturing Industry; Apparel and Accessories Industry; Sports Industry; Venezuela
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Quelch, John A. "Astra Sports, Inc. (B)." Harvard Business School Case 595-008, August 1994. (Revised December 1996.)
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