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  • All HBS Web  (5,990)
    • People  (10)
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    • Research  (3,808)
    • Events  (11)
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  • 26 Mar 2018
  • News

Divided We Lead

  • 2004
  • Chapter

Measuring the Value of Political Connections After Liberalization: Some Thoughts on Theoretical Constructs and Improved Research Design

By: Jordan I. Siegel
Scholars have recently begun to focus heightened attention on how firms in emerging economies react and even thrive during deep liberalization. Yet one fundamental question remains less than satisfactorily answered. How much in terms of scarce resources should firms in... View Details
Keywords: Liberalization; Emerging Economies; Political Connections; Business and Government Relations; Emerging Markets; Strategy
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Siegel, Jordan I. "Measuring the Value of Political Connections After Liberalization: Some Thoughts on Theoretical Constructs and Improved Research Design." In Global Corporate Evolution: Looking Inward or Looking Outward, edited by Michael A. Trick. Carnegie-Mellon International Management Series. Pittsburgh: Carnegie Mellon University Press, 2004.
  • Research Summary

Overview

Paul is primarily interested in studying explainable machine learning (ML), digital transformation, and data science operations. He works on research that explores how stakeholders within organizations can use machine learning to make better decisions. In particular,... View Details
  • 21 Jul 2020
  • News

New Models for a New World

  • 16 Nov 2020
  • Research & Ideas

Transitions of Power Are Difficult. What Joe Biden and Other Incoming Leaders Need to Know.

the author Sean Silverthorne is editor-in-chief of Harvard Business School Working Knowledge. [Image: iStock Photo] Related Reading Good Leadership Is an Act of Kindness How a New Leader Broke Through a... View Details
Keywords: by Sean Silverthorne

    Hakeem I. Belo-Osagie

    Hakeem Belo-Osagie is an accomplished Nigerian professional and entrepreneur. He earned a degree in Political Philosophy and Economics from Oxford University as well as a law degree from Cambridge University and an MBA from Harvard Business School.

    He is the... View Details

      Channing Spencer

      Channing Spencer is a Doctoral Candidate in the Organizational Behavior program jointly offered by Harvard Business School and the Department of Sociology at Harvard. She is also an affiliate of the Institute for Quantitative Social Science (IQSS).
      View Details
      • 20 Mar 2000
      • Research & Ideas

      Incubators: The New Venture Capitalists?

      Move over, venture cap. There's a new kid on the block. It's the business incubator, and it has the potential to remake the way businesses are launched in the Internet economy.... View Details
      Keywords: by Kenneth Liss

        Suraj Srinivasan

        Suraj Srinivasan is the Philip J. Stomberg Professor of Business Administration, a member of the Accounting and Management faculty unit, and chair of the View Details

        Keywords: accounting industry; financial services
        • March 2009
        • Article

        The Impact of Shareholder Activism on Financial Reporting and Compensation: The Case of Employee Stock Options Expensing

        By: F. Ferri and Tatiana Sandino
        We examine the economic consequences of more than 150 shareholder proposals to expense employee stock options (ESO) submitted during the proxy seasons of 2003 and 2004, the first case in which the SEC allowed a shareholder vote on an accounting matter. Our results... View Details
        Keywords: Shareholder Activism; Shareholder Votes; Stock Option Expensing; Executive Compensation; Financial Reporting; Employee Stock Ownership Plan; Corporate Governance; Business and Shareholder Relations; Investment Activism
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        Ferri, F., and Tatiana Sandino. "The Impact of Shareholder Activism on Financial Reporting and Compensation: The Case of Employee Stock Options Expensing." Accounting Review 84, no. 2 (March 2009): 433–466.
        • 2006
        • Chapter

        The History of Corporate Ownership in China: State Patronage, Company Legislation, and the Issue of Control

        By: William Goetzmann and Elisabeth Koll
        Keywords: History; Governance Controls; Laws and Statutes; Ownership; Government and Politics; Business and Government Relations; China
        Citation
        Related
        Goetzmann, William, and Elisabeth Koll. "The History of Corporate Ownership in China: State Patronage, Company Legislation, and the Issue of Control." Chap. 2 in A History of Corporate Governance around the World: Family Business Groups to Professional Managers, edited by Randall K. Morck. University of Chicago Press, 2006.

          Lakshmi Ramarajan

          Professor Ramarajan is the Diane Doerge Wilson Professor of Business Administration in the Organizational Behavior Unit at Harvard Business School. Her research examines the management and consequences of identities in organizations.

          She teaches the... View Details

          Keywords: nonprofit industry

            Cynthia A. Montgomery

            Professor Montgomery's research centers on strategy and corporate governance. Of particular interest are the unique roles leaders play in developing and implementing strategy; the means organizations use to create value across multiple lines of business; and issues... View Details

            • 2007
            • Working Paper

            The Impact of Shareholder Activism on Financial Reporting and Compensation: The Case of Employee Stock Options Expensing

            By: Fabrizio Ferri and Tatiana Sandino
            In this paper we examine the economic consequences of over 150 shareholder proposals to expense employee stock options (ESO) submitted during the proxy seasons of 2003 and 2004–the first case where the SEC has allowed an accounting matter to be subject to an advisory... View Details
            Keywords: Executive Compensation; Financial Reporting; Employee Stock Ownership Plan; Corporate Governance; Investment Activism; Business and Shareholder Relations
            Citation
            Related
            Ferri, Fabrizio, and Tatiana Sandino. "The Impact of Shareholder Activism on Financial Reporting and Compensation: The Case of Employee Stock Options Expensing." Harvard Business School Working Paper, No. 08-022, September 2007.
            • November 1999
            • Case

            Interactive Minds (B)

            By: Ashish Nanda, Thomas J. DeLong, Christina L. Darwall and Scot H. Landry
            Two recent Harvard Business School graduates start a venture capital/consulting firm focused on opportunities related to the Internet. View Details
            Keywords: History; Venture Capital; Internet and the Web; Capital Structure; Entrepreneurship; Consulting Industry
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            Nanda, Ashish, Thomas J. DeLong, Christina L. Darwall, and Scot H. Landry. "Interactive Minds (B)." Harvard Business School Case 800-114, November 1999.
            • August 2009 (Revised August 2009)
            • Case

            Swire Beverages: Implementing CSR in China

            By: Christopher Marquis, G.A. Donovan and YiKwan Chu
            Swire Beverage, the largest Coca-Cola bottler in China, recently created a corporate social responsibility (CSR) organization to oversee environmental, community, health and safety initiatives at the companies' nine bottling plants in China. The case considers... View Details
            Keywords: Brands and Branding; Corporate Social Responsibility and Impact; Organizational Design; Business and Stakeholder Relations; Partners and Partnerships; Non-Governmental Organizations; Food and Beverage Industry; China
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            Marquis, Christopher, G.A. Donovan, and YiKwan Chu. "Swire Beverages: Implementing CSR in China." Harvard Business School Case 410-021, August 2009. (Revised August 2009.)
            • October 2022 (Revised July 2025)
            • Case

            Driving Decarbonization at BMW

            By: Shirley Lu, George Serafeim and Michael W. Toffel
            The case describes BMW’s electrification and decarbonization strategy, and how the company measured carbon emissions throughout the life cycle of its vehicles and used tools like carbon abatement cost curves to evaluate decarbonization opportunities. In mid-2022,... View Details
            Keywords: Decarbonization; Climate Change; Environment; Sustainability; Carbon Accounting; Carbon; Carbon Abatement; Electric Vehicles; Automobiles; Transportation; Environmental Accounting; Environmental Management; Environmental Sustainability; Accounting; Strategy; Technological Innovation; Supply Chain; Business and Stakeholder Relations; Transportation Industry; Auto Industry; Battery Industry; Germany; China; United States; Europe
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            Lu, Shirley, George Serafeim, and Michael W. Toffel. "Driving Decarbonization at BMW." Harvard Business School Case 123-008, October 2022. (Revised July 2025.)
            • 22 Sep 2021
            • Blog Post

            Meet LASO: The HBS Latino Student Organization

            The Latino Student Organization (LASO) proudly promotes and supports Harvard Business School’s Latino students and works alongside the Latino Alumni Association (HBSLAA).... View Details
            • 22 Feb 2022
            • News

            New Urban Order

            and developers, funders, material manufacturers, policy makers, architects, workforce trainers, and other stakeholders on a wide range of decarbonization endeavors. Current... View Details
            Keywords: Kathleen Fu, Deborah Blagg, Julia Hanna, and Maureen Harmon; illustrations by; energy; environment; sustainability; entrepreneurship; Transit and Ground Passenger Transportation; Transit and Ground Passenger Transportation; Transit and Ground Passenger Transportation; Transit and Ground Passenger Transportation; Transit and Ground Passenger Transportation; Transit and Ground Passenger Transportation; Transit and Ground Passenger Transportation; Transit and Ground Passenger Transportation
            • October 2011 (Revised June 2013)
            • Case

            Novo Nordisk: A Commitment to Sustainability

            By: Robert G. Eccles and Michael P. Krzus
            The case describes the early commitment of a European pharmaceutical company, Novo Nordisk, to integrated reporting. Novo Nordisk is one of the pioneers of integrated reporting and it emerged out of its commitment to a "Triple Bottom Line approach to managing the... View Details
            Keywords: Strategic Planning; Business Ventures; Business or Company Management; Integrated Corporate Reporting; Business Strategy; Pharmaceutical Industry
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            Eccles, Robert G., and Michael P. Krzus. "Novo Nordisk: A Commitment to Sustainability." Harvard Business School Case 412-053, October 2011. (Revised June 2013.)
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