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  • All HBS Web  (1,708)
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    • Research  (1,266)
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  • All HBS Web  (1,708)
    • News  (264)
    • Research  (1,266)
    • Events  (2)
    • Multimedia  (14)
  • Faculty Publications  (816)
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  • 28 Dec 2016
  • News

In Memoriam: Bill Bowes (MBA 1952)

Legendary venture capitalist and philanthropist Bill Bowes (MBA 1952) passed away on December 28. Bowes founded San Francisco’s US Venture Partners in 1981 and helped shape some of Silicon Valley’s biggest companies, including Sun Microsystems and Amgen, where he was... View Details
  • 01 Dec 1997
  • News

Gregory Slayton (MBA '90)

returns for shareholders and enabling Slayton to take a sabbatical), it had gained 75 percent of worldwide marketshare in VRML authoring products. Slayton's latest ventures include developing an oil mapping technology, running a... View Details
  • 01 Dec 2019
  • News

What’s Behind the Explosive Growth of Sustainable Investing?

shareholder engagement: How can shareholders move the needle? One example that Shawn and I worked on was with CalSTRS, the California pension plan for educators. Following the increase in school shootings,... View Details
Keywords: Jen McFarland Flint
  • 01 Oct 1996
  • News

The Drive for Excellence: An Interview with Jim Henderson

short-term results with adherence to a long-term strategy and direction. At Cummins, we are driven by the concept of maximizing shareholder value -- but the question is, value over the next quarter or two, or over a longer period? Either... View Details
  • 01 Apr 2001
  • News

Adventure in China

her initial enthusiasm was tempered when she arrived at the School. “I had only worked on projects in a state plan but I was being told about shareholder value, equity, and management,” she recalled. “It was all new.” Zhang was a quick... View Details
Keywords: Personal Services
  • 15 Nov 2016
  • News

Cultivating the Next Generation of Thought Leaders

two reasons for management failures to heed shareholder proposals for greater action on ESG issues: processes within the organization may not be sufficiently developed, and performance incentives may be misaligned. “I went back to the... View Details
  • 24 Jul 2018
  • News

How Amy Hood Won Back Wall Street and Helped Reboot Microsoft

A recent Bloomberg profile of Microsoft CFO Amy Hood (MBA 1999) offers an inside look at how the 16-year company veteran has worked to redefine the tech giant. Hood’s tenure as CFO began with an immediate challenge, as detailed in the Bloomberg piece: Once Nadella took... View Details
  • 01 Jun 1997
  • News

Blockbuster Deals

heavily in employees and the other focuses mainly on shareholders or customers," Paine says. A secondary category of ethical issues, she notes, involves questions arising from the actual M&A; transaction. "Some really vexing issues... View Details
Keywords: Garry Emmons and Nancy O. Perry
  • 01 Apr 2001
  • News

Edwin Yu: Bidding on the Future

faces. Another is busting convention. Most South Korean corporations are owner-operated, with shareholders voting with the owner practically all the time. Now, “more and more professionals are managing companies,” Yu explains. And like... View Details
Keywords: Alejandro Reyes; Telecommunications; Information
  • 01 Apr 2002
  • News

Dot Vertigo

organizations, Nolan says, technology has so thoroughly penetrated every aspect of the business that its activities, strategies, and functions have become transparent, thereby circumventing any possibility of the disorienting dot vertigo (symptoms of which include lack... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services
  • 01 Jun 2011
  • News

Faculty Books

Lecturer Robert Pozen and his coauthor detail how mutual funds are marketed, regulated, and invested in stocks and bonds. They describe the critical factors needed to choose a specific fund, including what to look for when reading prospectuses, View Details
Keywords: Credit Intermediation and Related Activities; Finance; Funds, Trusts, and Other Financial Vehicles; Finance
  • 24 Aug 2017
  • News

Jeffrey Immelt: How I Remade GE

“For the past 16 years GE has been undergoing the most consequential makeover in its history,” departing CEO Jeff Immelt (MBA 1982) writes in Harvard Business Review. “We were a classic conglomerate. Now people are calling us a 125-year-old start-up—we’re a digital... View Details
  • 01 Dec 2009
  • News

Hope for Reform Dims

felt like a scapegoat, Thain took the high road. “I still think the acquisition will be a good deal for Bank of America. It’s unfortunate how it was all handled.” On the day Thain spoke at HBS, Bank of America CEO Ken Lewis unexpectedly announced his retirement,... View Details
Keywords: Securities, Commodities, and Other Financial Investments; Finance; Administration of Economic Programs; Government
  • 01 Aug 2001
  • News

T.J. Dermot Dunphy (MBA '56)

globalization, and a devotion to creating value for stockholders, he eschewed elements of conventional corporate thinking and job security. "If you create an atmosphere of trust that starts with shareholders and goes all the way through... View Details
Keywords: Alumni Achievement Award; Management
  • 01 Dec 2007
  • News

How Business Schools Lost Their Way

In 1926, C.P. Biddle, an assistant dean at Harvard Business School, provided one framing of what was, at the time, the highly contested question of whether and why business schools belonged in universities: The interests of the View Details
Keywords: Roger Thompson; Abraham Zaleznik; Business Schools & Computer & Management Training; Educational Services
  • 09 Dec 2021
  • News

Higher Returns

hit me like a ton of bricks. It was a headline in the New York Times that said "Shareholder value was no longer everything, top CEOs say." That was the headline. It was 8/19/19. I refer to that day in the book as the day the shareholders... View Details
  • 01 Jun 2008
  • News

Kash Rangan

CSR often cite Milton Friedman, who famously said that “the social responsibility of business is to increase profits.” Do you agree? I absolutely think it’s too narrow a view. In the decade of the ’90s, maximizing shareholder value became... View Details
Keywords: Roger Thompson; Finance
  • 01 Sep 2012
  • News

Hierarchy's Last Stand

underperform and be overcompensated. A caricature, but sadly still true: consider the enormous pay packages for CEOs in companies that lose money. Shareholder protests (such as those in the United Kingdom), voting against compensation... View Details
Keywords: Rosabeth Moss Kanter; Corporate Services
  • 08 May 2015
  • News

An alternative view of the role of the corporation in society

Do corporations do well by doing good? Or do firms that engage in environmental and social initiatives destroy shareholder wealth? George Serafeim, the Jakurski Family Associate Professor of Business Administration, has studied how... View Details
  • 22 Feb 2022
  • News

Savings and Loam

working-class people to earn interest on their savings, and become part owners in the process. “This is a model that was designed for stakeholder value, although people didn’t call it that 200 years ago,” Cummings notes. But there’s new resonance in the modern era, “at... View Details
Keywords: Jen McFarland Flint; Funds, Trusts, and Other Financial Vehicles; Finance
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