Stock - Publications - Faculty & Research

19 May 2009
First Look

First Look: May 19, 2009

the United States and use this list to analyze the relationship between insider ownership and firm value. Our data have two useful features. First, since dual-class stock separates cash-flow rights from voting rights, we can separately... View Details

Keywords: Martha Lagace

16 Mar 2003
Research & Ideas

At the Center of Corporate Scandal Where Do We Go From Here?

entrepreneurial enterprises. And yet they are subject to exactly the same rules and conditions as large companies. A second example. There has been a lot of discussion about stock options and expensing them through regulatory action and... View Details

Keywords: by Kim B. Clark

20 Aug 2007
Research & Ideas

HBS Cases: Using Investor Relations Proactively

Total's IR organization that it may drop the stock unless the company had a good explanation of why it was in Myanmar (also known as Burma) and how this was in accordance with its ethical chart. Total subsequently adapted its IR... View Details

Keywords: by Martha Lagace; Energy; Utilities

21 Feb 2017
First Look

First Look at New Research: February 21

shareholders more than $3.95 trillion via stock buybacks and $2.45 trillion via dividends—$6.4 trillion in total. These shareholder payouts amounted to over 93% of the firms' net income. Academics, corporate lawyers, asset managers, and... View Details

Keywords: Carmen Nobel

26 Jan 2016
First Look

January 26, 2016

stocks. Hold-to-maturity accounting of portfolio net asset value eliminates the majority of measured risk. A passive portfolio of small, low EBITDA multiple stocks with modest amounts of leverage and hold-to-maturity accounting of net... View Details

Keywords: Sean Silverthorne

16 Jul 2013
First Look

First Look: July 16

defendants. The likelihood of being named is greater for audit committee members and directors who sell stock during the class period. Named directors receive more negative recommendations from Institutional Shareholder Services (ISS), a... View Details

Keywords: Anna Secino

30 May 2005
Research & Ideas

Germany’s Pioneering Corporate Managers

and new outside investors will be one of the central tensions of our time, and not just in Germany. One of the reasons why big firms offer stock options is to make managers think like owners or to align their interests with those of the... View Details

Keywords: by Sean Silverthorne

10 Mar 2009
First Look

First Look: March 10, 2009

institutions and concepts by showing where they came from. What is money? What do banks do? What's the difference between a stock and a bond? Why buy insurance or real estate? And how exactly do hedge funds make (and lose) money? This is... View Details