Scrutiny - Publications - Faculty & Research

21 Nov 2011
Lessons from the Classroom

The New Challenge of Leading Financial Firms

A worldwide economic crisis. Intense scrutiny from board members, customers, and government regulators. Expanding global markets. Public protests aimed squarely at your industry. Running a financial institution, never easy to begin with,... View Details

Keywords: by Carmen Nobel; Financial Services

01 Mar 2007
News

Private Equity under Investigation

underwriting public corporate offerings. Nor is this unique to the United States. Britain’s Financial Services Authority has an-nounced that it is increasing its scrutiny of private-equity firms. Among the problems or risks attributed to... View Details

Keywords: Josh Lerner; syndication; antitrust enforcement; Funds, Trusts, and Other Financial Vehicles; Finance

14 Mar 2007
Op-Ed

Government’s Misguided Probe of Private Equity

jointly underwriting public corporate offerings. Nor is this unique to the United States. Britain's Financial Services Authority has announced that it is increasing its scrutiny of private-equity firms. Among the problems or risks... View Details

Keywords: by Josh Lerner; Financial Services

29 Feb 2024
Blog Post

IFC India: JSW Steel and Cement and the Quest to Capture Carbon in Hard to Abate Sectors

driving more CCUS adoption. The European Carbon Border Adjustment Mechanism (CBAM) approval, for instance, raises scrutiny on carbon levels and tightens procurement rules on their imports, and so to be compliant and be able to partake in... View Details

28 Jul 2015
First Look

First Look: July 28, 2015

country-level factors that limit firms' use of selective disclosure by intensifying scrutiny on them and by diffusing global norms to their headquarters countries. We test our hypotheses using a novel panel dataset of 4,750 public... View Details

Keywords: Carmen Nobel

22 Oct 2018
News

Capital Murder

the focus of intense media scrutiny after lying to investigators about his relationship with Chandra Levy, a 23-year-old whose remains were found one year after her disappearance in May 2001. Witnessing the fallout from those events... View Details

Keywords: Julia Hanna

01 Oct 2002
News

Books

time identifying the reasons for underperformance. Such scrutiny would presumably help establish qualifications for a new leader. Instead, Khurana discovered, the candidate list, assembled primarily by board members, is implicitly limited... View Details

14 May 2019
Research & Ideas

Ethics Bots and Other Ways to Move Your Code of Business Conduct Beyond Puffery

actually being used in practice and how it can be further refined and improved. That kind of creativity can help companies stay away from the scrutiny of regulators and avoid negative headlines. “Ultimately, the goal should not simply be... View Details

Keywords: by Michael Blanding

11 Oct 2006
Research & Ideas

The Success of Reverse Leveraged Buyouts

exception: So-called quick flips, such as the upcoming Hertz deal, have underperformed the market. In a new study, Lerner and Boston College's Jerry Cao studied 496 private-equity-led IPOs in the United States between 1980 and 2002. "There had been no systematic... View Details

Keywords: by Sean Silverthorne; Banking; Financial Services

23 Feb 2004
Research & Ideas

It’s Back to Business-Basics for Nonprofits

the same time, both for-profit and nonprofit companies are subject to intense media scrutiny and increased expectations to account for their actions. These changes, Bradach said, are starting to have a profound effect on how nonprofits... View Details

Keywords: by Manda Salls

02 May 2011
Research & Ideas

Casino Payoff: Hands-Off Management Works Best

quarterly and generally with less scrutiny from higher-ups. The researchers wanted to test their hypothesis that casino hosts in loosely monitored, more hands-off management structures were more successful in their jobs because they felt... View Details

Keywords: by Dennis Fisher; Entertainment & Recreation

10 Jul 2000
Research & Ideas

The State of the Markets

scrutiny from various directions. "We foresee a world in which investors evaluate firms and exchanges in real time on their quality of execution. And as U.S. markets become more fragmented thanks to new technology, regulators will... View Details

Keywords: by James E. Aisner

01 Apr 1996
News

Stasis and Turmoil: HBS Research for the Real World

ongoing scrutiny on the part of government regulators, who themselves experience a wide range of pressures from consumer and other advocacy groups." Emmons argues that ultimately the notion that government is becoming less relevant to... View Details

09 Apr 2012
Research & Ideas

Who Sways the USDA on GMO Approvals?

percent. Results were even starker during a congressional election year, in which a heightened political environment presumably casts more scrutiny on agency decisions. In those cases, farmers associations' influence increased the... View Details

Keywords: by Michael Blanding; Food & Beverage; Biotechnology; Agriculture & Agribusiness

10 Jun 2008
First Look

First Look: June 10, 2008

in abnormal events resulting in toxic pollution, and that regulators reduced their scrutiny over self-policing facilities. Upon closer examination, we find strong evidence of these effects among facilities with clean past compliance... View Details

Keywords: Martha Lagace

17 Apr 2017
HBS Case

This Turkish Debt Collector Is Customer-friendly

experience with a debt collector, it reduces the risk of regulatory scrutiny and may incline them more toward doing business with the bank again in the future. Lastly, Turkasset’s methods are better for employees, as well, who see... View Details

Keywords: by Michael Blanding; Financial Services

09 Mar 2020
Research & Ideas

Warring Algorithms Could Be Driving Up Consumer Prices

prevalent, and their use will likely receive greater scrutiny as policymakers try to understand the implications for competition. In their paper, MacKay and Brown suggest that one potential policy solution would be restricting the use of... View Details

Keywords: by Kristen Senz; Retail

26 Aug 2014
First Look

First Look: August 26

which buyers can screen suppliers based on their participation in voluntary programs requiring public commitments and public reporting. In particular, we theorize that stakeholder scrutiny can effectively deter companies with... View Details

Keywords: Sean Silverthorne

24 Apr 2018
First Look

First Look at New Research and Ideas, April 24, 2018

Group between 2015 and late 2017 when it grew rapidly through global acquisitions to become 170 on the 2017 Fortune 500 list. A firm that had begun as a provincial airline in China was now a giant global conglomerate and suddenly the subject of much View Details