Faculty & Research

Publications

Publications

Filter Results : (222) Arrow Down

Show Results For

Business And Shareholder Relations Remove Business And Shareholder Relations →

Page 1 of 222 Results →

Are you looking for?

Business & Shareholder Relations: Articles, Research, & Case Studies on Business & Shareholder Relations– HBS Working Knowledge
Skip to Main Content Cold Call A podcast featuring faculty discussing cases they've written and the lessons they impart. Subscribe on iTunes 29 Sep...
→ Search All HBS Web
  • January 2021
  • Case

“GEnron?” Markopolos versus General Electric (A)
By: Jonas Heese and David Lane
In August 2019, Harry Markopolos—the forensic accountant known for uncovering Bernie Madoff’s Ponzi scheme—alleged that General Electric had committed accounting fraud totaling $38 billion, coining the term “GEnron” for perceived similarities with the 2001 accounting...  View Details
Keywords: Financial Statements; Communication; Energy; Financial Condition; Insurance; Performance; Planning; business And shareholder relations; Risk And Uncertainty; Value; Insurance Industry; Financial Services Industry; Energy Industry
Related
  • November 2020
  • Case

Roll-Ups and Surprise Billing: Collisions at the Intersection of Private Equity and Patient Care
By: Trevor Fetter and Kira Seiger
This case describes the increasing investment by private equity (PE) firms in patient care and other healthcare services. The case focuses on investments in physician staffing firms and roll-up strategy investments in physician practice management (PPM). Included in...  View Details
Keywords: business Ventures; Acquisition; Mergers And Acquisitions; business Model; Change; Disruption; Fluctuation; Trends; Customers; Customer Value And Value Chain; Ethics; Fairness; Finance; Equity; Insurance; Private Equity; Geography; Geographic Scope; Health; Health Care And Treatment; Markets; Demand And Consumers; Supply And Industry; Industry Structures; Ownership; Ownership Type; Private Ownership; Relationships; Agency Theory; business And Community relations; business And shareholder relations; business And Stakeholder relations; Networks; Strategy; Competition; Consolidation; Expansion; Integration; Horizontal Integration; Vertical Integration; Value; Value Creation; Health Industry; Insurance Industry; United States
Related
  • September 2020
  • Case

Keeping It in the Family at the Hayden Saw Company
By: V.G. Narayanan and John Masko
In 2019, Board Chair and third-generation shareholder Helen Fullerton was preparing for a meeting to discuss Ohio-based Hayden Saw Company’s (Hayden) future as a family business. As the company entered its fifth decade, the Hayden family was dealing with three distinct...  View Details
Keywords: Family business; Corporate Governance; Family Ownership; business And shareholder relations; Family And Family Relationships; Governing And Advisory Boards; Construction Industry; Ohio; United States
Related
  • February 2020 (Revised June 2020)
  • Case

Shaping the Governance Debate at ISS
By: Suraj Srinivasan, Jonah S. Goldberg and Calvin O. Liou
ISS is the world’s largest provider of corporate governance research, data, analytics, and voting services. The case uses the effort of the Securities and Exchange Commission (SEC) to impose an array of new regulations that would severely restrict the functioning of...  View Details
Keywords: Proxy Advisory Services; Corporate Governance; Research; Investment; Governing Rules, Regulations, And Reforms; business And shareholder relations; Institutional Investing
Related
  • December 2019 (Revised April 2020)
  • Case

The Dutch East India Company in 1612 (A)
By: Lynn S. Paine and Giuseppe Dari-Mattiacci
The Dutch East India Company’s board of directors must decide what to do about an impending legal requirement to liquidate the company’s assets and return to shareholders their capital and any profits earned during a ten-year lock-up period. The charter granted to the...  View Details
Keywords: Corporate Governance; Globalized Firms And Management; Organizational Structure; Laws And Statutes; Financial Markets; business And shareholder relations; business And Government relations; business History; Shipping Industry; Netherlands
Related
  • December 2019
  • Supplement

The Dutch East India Company in 1612 (B)
By: Lynn S. Paine and Giuseppe Dari-Mattiacci
The case relates the decision made in the A case and what happened in the aftermath.  View Details
Keywords: Corporate Governance; Globalized Firms And Management; Organizational Structure; Laws And Statutes; Financial Markets; business And shareholder relations; business And Government relations; business History; Shipping Industry; Netherlands
Related
  • December 2019 (Revised December 2019)
  • Case

The Leveraged Buyout of TXU: (B) Energy Future Holdings
By: Trevor Fetter, Erik Snowberg and Rebecca M. Henderson
This case is designed to support a lively discussion about the relative merits of shareholder vs. stakeholder perspectives in the context of a company that provides a vital public service that has important environmental implications. The 2007 purchase of TXU, the...  View Details
Keywords: Leveraged Buyouts; Transformation; Insolvency And Bankruptcy; Environmental Sustainability; business And shareholder relations; business And Stakeholder relations; Energy Generation; Utilities Industry; Energy Industry; Texas
Related
  • December 2019 (Revised December 2019)
  • Case

TXU (A): Powering the Largest Leveraged Buyout in History
By: Trevor Fetter, Erik Snowberg and Rebecca M. Henderson
This case is designed to support a lively discussion about the relative merits of shareholder vs. stakeholder perspectives in the context of a company that provides a vital public service that has important environmental implications. The 2007 purchase of TXU, the...  View Details
Keywords: Leveraged Buyouts; Transformation; Insolvency And Bankruptcy; Environmental Sustainability; business And shareholder relations; business And Stakeholder relations; Energy Generation; Utilities Industry; Energy Industry; Texas
Related
  • November 2019
  • Case

Apple, Einhorn, and iPrefs (Abridged)
By: Carliss Y. Baldwin and W. Carl Kester
In March 2013, Apple Computer has a very large cash balance, and is under pressure to return cash to shareholders. Hedge fund manager David Einhorn thinks Apple can "unlock value" by issuing perpetual preferred stock, dubbed iPrefs. Henry Blodget, CEO of Business...  View Details
Keywords: Markets; Stock Shares; Value Creation; business And shareholder relations
Related
  • November 2019
  • Article

The Relevance of Broker Networks for Information Diffusion in the Stock Market
By: Marco Di Maggio, Francesco Franzoni, Amir Kermani and Carlo Sommavilla
This paper shows that the network of relationships between brokers and institutional investors shapes information diffusion in the stock market. We exploit trade-level data to show that central brokers gather information by executing informed trades, which is then...  View Details
Keywords: business And shareholder relations; Information; Knowledge Dissemination; Financial Markets
Related
  • 2019
  • Working Paper

Shareholder Activism and Firms' Voluntary Disclosure of Climate Change Risks
By: Caroline Flammer, Michael W. Toffel and Kala Viswanathan
This paper examines whether—in the absence of mandated disclosure requirements—shareholder activism can elicit greater disclosure of firms’ exposure to climate change risks. We find that environmental shareholder activism increases the voluntary disclosure of climate...  View Details
Keywords: Corporate Accountability; Corporate Disclosure; Corporate Social Responsibility And Impact; business And shareholder relations; Risk And Uncertainty; Natural Environment; Environmental Sustainability; Climate Change; Financial Services Industry; United States
Related
  • October 14, 2019
  • Article

A Guide to the Big Ideas and Debates in Corporate Governance
By: Lynn S. Paine and Suraj Srinivasan
How corporations govern themselves has become a matter of broad public interest in recent decades. Amid this many commentators and experts still disagree on such basic matters as the purpose of the corporation, the role of corporate boards of directors, the rights of...  View Details
Keywords: Corporate Governance; Mission And Purpose; Governing And Advisory Boards; business And shareholder relations; Performance; Measurement And Metrics
Related
  • August 2019
  • Case

Baroo (A): Pet Concierge
By: Thomas R. Eisenmann and Susie L. Ma
Baroo CEO Lindsay Hyde was facing unrest from the board of her pet services startup in August 2017. One board member (and lead investor) was alarmed that Baroo’s growth was slowing while its appetite for funding was accelerating. Hyde wanted to hit the gas and continue...  View Details
Keywords: Entrepreneurship; Outcome Or Result; Failure; business And shareholder relations; Venture Capital; Service Industry; United States; Massachusetts
Related
  • August 2019 (Revised December 2019)
  • Case

Zillow Offers: Winning Online Real Estate 2.0
By: Luis Viceira, Marco Di Maggio and Allison Ciechanover
Founded in 2005, Zillow had become the leading online real estate and home-related marketplace. The brand was recognized as a trusted resource for players in the real estate market, providing information and transparency on home prices. Revenue, which was historically...  View Details
Keywords: Real Estate; Corporate Culture; Intermediation; Brokerage; Startup; Evaluating Business Investments; Property; Technology; business Model; Expansion; business Startups; Real Estate Industry; Media And Broadcasting Industry; United States
Related
  • 2019
  • Working Paper

Rehabilitating Corporate Purpose
By: Malcolm S. Salter
In this paper, I address how the ascendance of the theory of shareholder value maximization into the central consciousness of public corporations and its canonization as the only legitimate expression of corporate purpose has contributed to both a widening breach...  View Details
Keywords: Capitalism; Justice; Corporate Purpose; Shareholder Value Maximization; Ethical Reciprocity; Economic Systems; business Ventures; Mission And Purpose; Ethics; Corporate Social Responsibility And Impact
Related
  • Article

Short-Termism and Capital Flows
By: Jesse M. Fried and Charles C.Y. Wang
During 2007–2016, S&P 500 firms distributed to shareholders $7 trillion via buybacks and dividends, over 96% of their aggregate net income, prompting claims that "short-termism" is impairing firms' ability to invest and innovate. We show that, when taking into account...  View Details
Keywords: Short-termism; Quarterly Capitalism; Share Buybacks; Open Market Repurchases; Dividends; Equity Issuances; Seasoned Equity Offerings; Equity Compensastion; Acquisitions; Payout Policy; Capital Flows; Capital Distribution; Working Capital; business And shareholder relations; Acquisition
Related
  • February 2019 (Revised January 2020)
  • Case

Pierre Foods Acquisition of Advance Foods (A)
By: Guhan Subramanian and Mike Harmon
This case (A), and its related cases (B-E), establish a setting to discuss an M&A transaction and some of the key legal contracts that are associated with it. In 2010, private equity backed food manufacturer Pierre Foods is contemplating the acquisition of a key...  View Details
Keywords: Mergers And Acquisitions; Contracts; Agreements And Arrangements; Negotiation; Complexity
Related
  • 2018
  • Article

What Can Managers Privately Disclose to Investors?
By: Eugene F. Soltes
Regulators have long been aware that differential access to information can undermine the efficiency and fairness of financial markets. In an effort to place investors on equal footing, the Securities and Exchange Commission in 2000 created Regulation Fair Disclosure...  View Details
Keywords: Disclosure Regulation; Information; Communication; business And shareholder relations; Governing Rules, Regulations, And Reforms
Related
  • November 2018 (Revised January 2019)
  • Module Note

Responsibilities to Investors (Abridged)
By: Lena G. Goldberg and Joseph L. Badaracco
This note focuses on managers’ responsibilities—economic, legal, and ethical—to investors. In capitalist and some socialist economies, these responsibilities traditionally have been grounded in fiduciary duties and are typically part of the common law or statutory law...  View Details
Keywords: Responsibilities To Investors; Investors; Responsibility; business And shareholder relations; Management; Ethics
Related
  • November 2018 (Revised January 2020)
  • Case

Tesla, Inc. in 2018
By: Siko Sikochi, Suraj Srinivasan and Quinn Pitcher
On August 7, 2018 Elon Musk, Chairman and CEO of Tesla tweeted that he was considering taking Tesla private and had secured funding. Weeks went by without details about a deal and speculation grew that Musk had misled investors. He soon abandoned the idea, but the...  View Details
Keywords: Disclosure Regulation; Board Independence; Corporate Governance; business And shareholder relations; Governing And Advisory Boards
Related

Are you looking for?

Business & Shareholder Relations: Articles, Research, & Case Studies on Business & Shareholder Relations– HBS Working Knowledge
Skip to Main Content Cold Call A podcast featuring faculty discussing cases they've written and the lessons they impart. Subscribe on iTunes 29 Sep...
→ Search All HBS Web