Social Value - Publications - Faculty & Research

Article

Agency Costs, Mispricing, and Ownership Structure

By: Sergey Chernenko, C. Fritz Foley and Robin Greenwood

Standard theories of corporate ownership assume that because markets are efficient, insiders ultimately bear all agency costs that they create and therefore have a strong incentive to minimize conflicts of interest with outside investors. We argue that if equity is... View Details

Keywords: Business and Shareholder Relations; Ownership; Conflict of Interests; Investment; Valuation

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16 Sep 2019
News

Smarter Farming

stewardship or care for their natural environment. So having renamed PAMU as an organization [from Landcorp Farming], we're very focused on embedding Kaitiakitanga and the value of care in everything that the organization does. “When PAMU... View Details

Keywords: meat; dairy; cattle; Agriculture

01 Mar 2019
News

3-Minute Briefing: Richard Edelman (MBA 1978)

social ills than government. Trust is the central issue for global institutions. CEOs have to speak out on societal issues, because their employees expect to work for a company with values consistent with... View Details

Keywords: Julia Hanna; Advertising, Public Relations, and Related Services; Professional Services

01 Dec 1996
News

Intellectual Debate: The Business of Business

impartially among a range of views, faculty members debated the ramifications of this approach to course content and HBS pedagogy. Then, O&M Professor Michael C. Jensen's summary of the unit's views on the corporate objective function and performance measurement -... View Details

17 May 2018
Sharpening Your Skills

You Probably Have a Bias for Making Bad Decisions. Here's Why.

beliefs (confirmation bias), to give ourselves too much credit or not enough blame (self-serving bias), or to place more value on losing $100 than making $100 (loss aversion). In business, a bias-clouded decision can have disastrous... View Details

Keywords: by Sean Silverthorne

09 Sep 2016
News

MaiTai Global and Kiteboarding

blockchain, which is like that transport layer of email where a piece of value-- in the case of a bitcoin, a piece of digital value-- can drop down into an address stream and know where to come out. And you could, basically, replace that digital View Details

19 Oct 2010
First Look

First Look: October 19, 2010

charitable giving, crowding out intrinsic motivations to give by corrupting a purely social act with economic considerations. Purchase the Book: http://www.psypress.com/the-science-of-giving-9781848728851 Americans Do I.T. Better: U.S.... View Details

Keywords: Sean Silverthorne

23 Sep 2013
Research & Ideas

Status: When and Why It Matters

status plays a role in the price. But we also have to admit that it is one of the best cars ever produced, and that many deem the combination of its performance characteristics and quality without equal. "To get at the symbolic value... View Details

Keywords: by Dina Gerdeman

01 Mar 2005
News

One-on-One with Edwin Reed

what sorts of activities do you oversee? Allen’s corporations provide myriad social services and operate a school, a resource center for battered women, senior-citizen complexes with 630 units, a for-profit transportation company, and... View Details

Keywords: Mary Ellen Gardner; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services

13 Mar 2005
Research & Ideas

Reinforcing Values: A Public Dressing Down

first few months of a turnaround, when uncertainty is high and setbacks are inevitable. Otherwise, there is little hope for sustained improvement. [...] Effective leaders explicitly reinforce organizational values on a constant basis. We... View Details

Keywords: by David A. Garvin & Michael A. Roberto

29 May 2014
Research & Ideas

Research Symposium 2014

amortization from its constitution, in favor of fair value accounting. Ramanna said that there are no unequivocal villains in thin political market situations, but rather "a quilt of special interests." Still, he argued that managers in... View Details

Keywords: by Carmen Nobel; Accounting; Health

01 Jun 2012
News

Porter, Kanter Win McKinsey Awards

managing director of FSG, a nonprofit consulting firm, were awarded first place for their January–February 2011 article “Creating Shared Value.” The article lays out the concept of shared value, which focuses on the connections between societal and economic progress.... View Details

Keywords: awards

Web

Online Personal Branding Course | HBS Online

the sources, benefits, and components of a successful personal brand Define your purpose and values and communicate their distinction to others Turn common personal branding pitfalls into opportunities Understand the psychological power... View Details

16 Mar 2003
Research & Ideas

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

more complex and the gray areas more prevalent, we need to strengthen individual integrity. We need leaders who are prepared to act on principle, with standards and values to guide them, even in the face of strong financial incentives to... View Details

Keywords: by Kim B. Clark

07 Jun 2016
Op-Ed

Can Brand Trump Win a Presidency?

lifestyle, these other products can add brand value and, being produced by others under license, they deliver some extra profit to the Trump organization. "In the world of representative democracy, you have to be the market share... View Details

Keywords: by John A. Quelch; Advertising; Media & Broadcasting

08 Jul 2002
Research & Ideas

How to Fashion Your New E-Business Model

the value chain framework to define the set of activities through which products and services are created and delivered to customers.6 Once activities are defined, it is then possible to analyze the economics at each step in the chain by... View Details

Keywords: by Lynda M. Applegate

01 Dec 2004
News

Ideas: Books

the best location to start a business, assemble the necessary resources, adapt to local environments, and execute for success. Creating Value through International Strategy edited by Africa Arino, Pankaj Ghemawat, and Joan E. Ricart... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

Web

Building Bridges to Sustainable Infrastructure with Allied Climate Partners - Recruiting

a role that matched both my learning objectives and ACP’s needs. The Social Enterprise Summer Fellowship, which supports students interning with organizations across the nonprofit, public, or for-profit sectors that focus on creating... View Details

Web

News Coverage - Institute For Strategy And Competitiveness

Health Delivery Project The Institute for Cancer Care Innovation MOC Network ICIC U.S. Cluster Mapping Project U.S. Competitiveness Project FSG Shared Value Initiative Social Progress Imperative AllWorld... View Details

02 Jul 2001
What Do You Think?

Built to Last or Bought to Sell?

destruction" research. As Devdip Ganguli put it: "The sphere of influence of companies goes beyond themselves and their investors: their decisions encompass social and environmental consequences too. Therefore to say that the... View Details

Keywords: by James Heskett

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