Justice - Publications - Faculty & Research

2024
Article

Half the Firms, Double the Profits: Public Firms' Transformation, 1996–2022

The number of public firms in the United States has halved since the beginning of the twenty-first century, causing consternation among corporate and securities law regulators. The dominant explanations, often advanced by Securities and Exchange commissioners when... View Details

Keywords: Corporate Law; Securities Regulation; Sarbanes-Oxley Act; Concentration Levels; Antitrust; Initial Public Offering; Public Ownership; Private Equity; Venture Capital; Mergers and Acquisitions; Monopoly; United States

09 Jun 2021
Research & Ideas

How Tennis, Golf, and White Anxiety Block Racial Integration

and organizations at New York University’s Stern School of Business. Challenging segregation at work and home The study comes at a time when cries for racial justice have grown in the United States, and Jachimowicz says it should be a... View Details

Keywords: by Jay Fitzgerald

31 Aug 2020
What Do You Think?

Why Don’t More Organizations Understand the Power of Diversity and Inclusion?

saying that, “It is manifestly ridiculous, if not actively racist, to frame this issue of justice as being worth doing because it is profitable.” The point, of course, is that economic data may be needed to counter negative gut reactions... View Details

Keywords: by James Heskett

30 Jun 2021
In Practice

The Harvard Business School Faculty Summer Reader 2021

What’s on HBS faculty members’ reading list for summer 2021? Which books are most meaningful to them and why? Below, faculty share their top picks, ranging from biographies and memoirs to their colleagues’ latest works. Julia Austin: Social View Details

Keywords: by Kathryn Haviland

21 Feb 2005
Op-Ed

Is Business Management a Profession?

private clients (be they individuals, corporations, or other private entities) but are understood to be providing a public good—if not justice in every case, then at least the implementation of the rule of law. Likewise, physicians serve... View Details

Keywords: by Rakesh Khurana, Nitin Nohria & Daniel Penrice

16 Sep 2019
Research & Ideas

Crowdsourcing Is Helping Hollywood Reduce the Risk of Movie-Making

Success at the movie box office can be difficult to predict. For every surprise hit film like Crazy Rich Asians, there’s a massive flame-out like Justice League. Unlike television, where a station can test a pilot before committing to a... View Details

Keywords: by Michael Blanding; Motion Pictures & Video

24 Sep 2012
Research & Ideas

Why Do We Tax?

multiple criteria partially compelling. Specifically, not all people are Utilitarians, and perhaps more important, most people are not all Utilitarian." Q: The word "justice" occurs often in the paper's bibliography. Do notions of justice... View Details

Keywords: by Martha Lagace; Legal Services

12 Jul 2011
First Look

First Look: July 12

Business School Case 111-082 The case describes the challenges that UBS faced as a result of the U.S. Department of Justice investigation for tax fraud, which claimed that UBS had helped some 52,000 U.S. residents hide billions of dollars... View Details

Keywords: Carmen Nobel

25 Oct 2006
Op-Ed

Fixing Executive Options: The Veil of Ignorance

he or she will be sitting. Without knowing where you'll end up, you have to really think through what's a fair allocation. What in the world does this theory of distributive justice have to do with option compensation? Option compensation... View Details

Keywords: by Mihir Desai & Joshua Margolis

08 Aug 2006
First Look

First Look: August 8, 2006

subjects playing this game. We call this latter quantity the model's Equivalent Number of Observations (ENO), and explore its properties. Paper not available The Implicit Effect of Artifact-Driven Inferences on Perceived Procedural View Details

Keywords: Sean Silverthorne

01 Jul 2021
Office Hours

Readers Ask: Which Companies Are Transforming Work?

worker shortage, for three or four reasons. One is it reflects in part stagnation and actually decline of the workforce participation rate. We have a large number of prime working age adults, particularly males, who are neither in school, in employment, or somehow... View Details

Keywords: by Kristen Senz; Retail; Manufacturing

06 Sep 2022
Research & Ideas

Curbing an Unlikely Culprit of Rising Drug Prices: Pharmaceutical Donations

consider prices, particularly because so much of the tab is being picked up by insurers, including public insurers,” says Dafny, who is currently an expert for the US Department of Justice in legal challenges related to drugmakers’... View Details

Keywords: by Ben Rand; Insurance; Health; Pharmaceutical

07 Sep 2019
Op-Ed

Even for Non-Believers, These Are the Next Steps on Climate Change

problem that hits hardest at people with the least capital and it’s a real social justice concern in the case of possible sea level rise. Migration Migration manifests in many ways. Florida is one of the fastest-growing states in the... View Details

Keywords: by John Macomber

14 Apr 2003
Research & Ideas

Pay-for-Performance Doesn’t Always Pay Off

employees have an honest discussion of their mutual expectations, they added. This is "very difficult to do." Going forward, Beer suggested that managers recognize pay-for-performance not just in instrumental terms—as a carrot, perhaps—but as a larger... View Details

Keywords: by Martha Lagace

03 Mar 2003
What Do You Think?

Are Conditions Right for the Next Accounting Scandal?

increased use of more narrowly focused professional accounting "boutiques," suggests that "what the industry really needs is more objectivity and innovation—not a larger tribe of 800-pound gorillas." In retrospect, William Rahm wonders "whether... View Details

Keywords: by James Heskett; Accounting; Financial Services

12 Jul 2020
Book

The Harvard Business School Faculty Summer Reader 2020

memorable characters who have to dig below first assumptions to find justice and uncover corruption. I feel the same way about Michael Connelly and his Harry Bosch series, in which police detective Bosch is highly creative,... View Details

Keywords: by Staff

09 Jul 2001
Research & Ideas

Does Misery Love Companies? How Social Performance Pays Off

social initiatives is to find a way to promote social justice in a world where the shareholder wealth maximization paradigm reigns supreme. Advocates for corporate social initiatives must be prepared to argue with a Nobel laureate in... View Details

Keywords: by Joshua D. Margolis & James P. Walsh

23 Apr 2019
First Look

New Research and Ideas, April 23, 2019

public corporations and its canonization as the only legitimate expression of corporate purpose has contributed to both a widening breach between American-style capitalism and justice and increased alienation of the public from capitalism... View Details

Keywords: Dina Gerdeman

31 Jul 2015
Research & Ideas

The Faculty Reader: Who is Reading What This Summer?