Filter Results
:
(952)
Show Results For
-
All HBS Web
(952)
- News (110)
- Research (765)
- Events (1)
- Multimedia (1)
- Faculty Publications (315)
Show Results For
-
All HBS Web
(952)
- News (110)
- Research (765)
- Events (1)
- Multimedia (1)
- Faculty Publications (315)
- 2016
- Working Paper
Executive Compensation and Environmental Harm
By: Dylan Minor
We explore the relationship between managerial incentives and environmental harm. We find that high-powered executive compensation packages can increase the odds of environmental law breaking by 40%–60% and the magnitude of environmental harm by over 100%. We document...
View Details
Keywords:
Misconduct;
Environmental Performance;
Accounting Scandal;
Sustainable Finance;
Crime and Corruption;
Corporate Social Responsibility and Impact;
Executive Compensation;
Environmental Sustainability;
Corporate Governance
Minor, Dylan. "Executive Compensation and Environmental Harm." Harvard Business School Working Paper, No. 16-076, January 2016. (Revised April 2016.)
- July 2016
- Case
'Golden Leash' Pay for Directors at The Dow Chemical Company
By: Ian Gow, Suraj Srinivasan and Neeraj Goyal
In November 2014, The Dow Chemical Company was faced with the prospect of a proxy battle with prominent hedge fund and activist investor Third Point Management. The activist had criticized Dow’s recent performance and advocated that the company split itself to maximize...
View Details
Keywords:
Motivation and Incentives;
Governing and Advisory Boards;
Executive Compensation;
Investment Activism;
Chemical Industry
Gow, Ian, Suraj Srinivasan, and Neeraj Goyal. "'Golden Leash' Pay for Directors at The Dow Chemical Company." Harvard Business School Case 117-029, July 2016.
- Research Summary
Nominal versus Indexed Debt: A Quantitative Horse Race (joint with Fabio Kanczuk)
By: Laura Alfaro
There are different arguments in favor and against nominal and indexed debt which broadly include the incentive to default through inflation versus hedging against unforeseen shocks. We model these arguments and calibrate the model to assess the quantitative importance...
View Details
- July 2005 (Revised March 2010)
- Case
Foreign Direct Investment and Ireland's Tiger Economy (A)
By: Laura Alfaro, Vinati Dev and Stephen McIntyre
Describes Ireland's transformation from one of Europe's poorest countries to one of its richest in just 10 years, earning it the title Celtic Tiger. The spectacular story of growth and recovery is attributed, in large part, to foreign direct investment (FDI),...
View Details
Keywords:
Developing Countries and Economies;
Economic Growth;
Macroeconomics;
Foreign Direct Investment;
Policy;
Business and Government Relations;
Republic of Ireland
Alfaro, Laura, Vinati Dev, and Stephen McIntyre. "Foreign Direct Investment and Ireland's Tiger Economy (A)." Harvard Business School Case 706-007, July 2005. (Revised March 2010.)
- 05 Aug 2011
- Working Paper Summaries
An Exploration of Optimal Stabilization Policy
- 12 Jun 2007
- Working Paper Summaries
Public Action for Public Goods
- 24 Jun 2008
- First Look
First Look: June 24, 2008
Working Papers Firm-Size Distribution and Cross-Country Income Differences Authors: Laura Alfaro, Andrew Charlton, and Fabio Kanczuk Abstract We investigate, using firm-level data for 79 developed and developing countries, whether differences in the allocation of...
View Details
Keywords:
Martha Lagace
- 19 Sep 2012
- Research & Ideas
Funding Innovation: Is Your Firm Doing it Wrong?
aftermath of World War II, government funding for scientific research increased and large corporations followed suit, with firms such as IBM, Hewlett-Packard, and Ford establishing dedicated centralized science labs that put few...
View Details
Keywords:
by Carmen Nobel
- 1999
- Other Unpublished Work
Executive Ownership and Control in Newly Public Firms: The Role of Venture Capitalists
By: Malcolm Baker and Paul Gompers
We study the implications of CEO equity ownership for incentives and control in a sample of 1,011 newly public firms. Before an initial public offering, equity investments by venture capitalists reduce CEO ownership by about half, from an average of 35 percent to 19...
View Details
Keywords:
Equity;
Ownership;
Motivation and Incentives;
Initial Public Offering;
Investment;
Venture Capital;
Managerial Roles;
Cost Management;
Governance Controls;
Executive Compensation
Baker, Malcolm, and Paul Gompers. "Executive Ownership and Control in Newly Public Firms: The Role of Venture Capitalists." November 1999. (First draft in 1998.)
- 24 Jul 2012
- First Look
First Look: July 24
sector and the Key Performance Indicators (KPIs) for reporting on them would significantly improve the ability of companies to report on their Environmental, Social and Governance (ESG) performance. Here's a Tip: Prosocial Gratuities Are...
View Details
Keywords:
Sean Silverthorne
An Evaluation of Money Market Fund Reform Proposals
U.S. money market mutual funds (MMFs) are an important source of dollar funding for global financial institutions, particularly those headquartered outside the U.S. MMFs proved to be a source of considerable instability during the financial crisis of 2007–2009,... View Details
- 10 Dec 2009
- Working Paper Summaries
State Owned Entity Reform in Absence of Privatization: Reforming Indian National Laboratories and Role of Leadership
Keywords:
by Prithwiraj Choudhury & Tarun Khanna
- 21 Aug 2008
- Working Paper Summaries
Traveling Agents: Political Change and Bureaucratic Turnover in India
Keywords:
by Lakshmi Iyer & Anandi Mani
- 2009
- Working Paper
Management and the Financial Crisis (We have met the enemy and he is us...)
The financial crisis of 2008-9 has revealed that our broad model of corporate governance is broken, independent of the shortcomings in the regulatory system. Managers and boards of directors in scores of systemically important firms failed to protect employees,...
View Details
Keywords:
Risk Management;
Governing and Advisory Boards;
Ethics;
Corporate Governance;
Financial Crisis
Sahlman, William A. "Management and the Financial Crisis (We have met the enemy and he is us...)." Harvard Business School Working Paper, No. 10-033, October 2009.
- 12 May 2020
- Working Paper Summaries
Elusive Safety: The New Geography of Capital Flows and Risk
- May 2010
- Article
Elections and Discretionary Accruals: Evidence from 2004
By: Karthik Ramanna and Sugata Roychowdhury
We examine the accrual choices of outsourcing firms with links to U.S. congressional candidates during the 2004 elections, when corporate outsourcing was a major campaign issue. We find that politically connected firms with more extensive outsourcing activities have...
View Details
Keywords:
Political Economy;
Accounting Information;
Accruals Management;
Campaign Contributions;
Discretionary Accruals;
Election Outcomes;
Political Currency;
Political Process;
Social Issues;
Political Elections;
Job Cuts and Outsourcing;
Motivation and Incentives;
Earnings Management;
Welfare;
United States
Ramanna, Karthik, and Sugata Roychowdhury. "Elections and Discretionary Accruals: Evidence from 2004." Journal of Accounting Research 48, no. 2 (May 2010): 445–475. (Solicited for presentation at the 2009 Journal of Accounting Research Conference.)
- 23 Aug 2011
- First Look
First Look: August 23
case:http://cb.hbsp.harvard.edu/cb/product/311128-PDF-ENG How Government Debt Accumulates Dante Roscini and Jonathan SchleferHarvard Business School Note 711-087 This note discusses the economics of View Details
Keywords:
Sean Silverthorne
- Article
Economic Principles for Medicare Reform
By: Amitabh Chandra and Craig Garthwaite
In this article, we develop an economic framework for Medicare reform that highlights trade-offs that reform proposals should grapple with but often ignore. Central to our argument is a tension in administratively set prices, which may improve short-term efficiency but...
View Details
Keywords:
Medicare;
Value-based Care;
Health Care Reform;
Markets In Health Care;
Health Care and Treatment;
Value;
Governing Rules, Regulations, and Reforms
Chandra, Amitabh, and Craig Garthwaite. "Economic Principles for Medicare Reform." Annals of the American Academy of Political and Social Science 686, no. 1 (November 2019): 63 – 92.
Dennis A. Yao
Dennis Yao is the Lawrence E. Fouraker Professor of Business Administration and Chair of the Doctoral Programs at Harvard Business School. He joined the faculty in 2004 after having been at the Wharton School, University of Pennsylvania. From 1991-1994 he served as... View Details