Harvard Corporate Governance

SEPTEMBER 6, 2023

Given the economic and social significance of income equality and distributive justice, corporate stakeholders, especially non-shareholder stakeholders such as employees, communities, and governments who value pay equality, have become increasingly concerned about the high CEO-worker pay gap.

226

226

Harvard Corporate Governance

JUNE 11, 2022

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders? Others have questioned whether stakeholder capitalism and ESG can straddle “doing good” and “doing well.”

264

264

Harvard Corporate Governance

MARCH 14, 2023

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Strine, Jr.

267

267

Harvard Corporate Governance

AUGUST 30, 2023

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Companies today face pressure from stakeholders (including non-shareholder politicians and activists) to take positions on myriad issues. Strine, Jr.

Equity 220

Equity 220

Harvard Corporate Governance

APRIL 5, 2023

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. The age-old debate over the purpose of for-profit corporations has reignited, with two rival theories on offer: shareholder primacy and stakeholder parity. Strine, Jr.;

184

184

Harvard Corporate Governance

APRIL 26, 2022

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A. In a new paper forthcoming in The Business Lawyer , I ask, “How Would Directors Make Business Decisions Under a Stakeholder Model?”. Rather, stakeholder theory uniquely disadvantages shareholders.

198

198

Reynolds Holding

MARCH 6, 2024

The Business Roundtable proclaims the answer to be “for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders.” First , both purposes – shareholder wealth maximization and stakeholder well-being – recognize that statutes, regulations, and caselaw limit the choices that managers can make.

Total Shareholder Return 69

Total Shareholder Return Marketability 69

Reynolds Holding

MARCH 19, 2024

ESG is neither all smoke and mirrors nor simply another tool developed by management to justify entrenching mechanisms that provide no value to stakeholders. Purportedly ESG-oriented firms sometimes disregard stakeholder interests in M&A transactions. This framework answers another common criticism of ESG as well.

Firm Value 78

Firm Value Marketability 78

Reynolds Holding

OCTOBER 15, 2023

In a nation conceived in liberty and dedicated to the proposition that all persons are created equal, how should we expect corporations to treat the different stakeholder groups (employees, customers, suppliers, local communities, etc.) If governance is for the stakeholders, it should be by the stakeholders as well.

59

59

Reynolds Holding

NOVEMBER 6, 2022

One is the stakeholder model, which recognizes that companies have responsibilities to society that are broader than just making a profit. Moreover, the traditional stakeholder model tends to focus on stakeholders who are directly involved with the company, such as employees and customers.

Corporate Finance 119

Corporate Finance Finance Marketability 119

Reynolds Holding

DECEMBER 14, 2022

A common argument against stakeholder governance is that it renders managers less accountable while doing little to improve the welfare of stakeholders. Lucian Bebchuk and Roberto Tallarita call this “The Illusory Promise of Stakeholder Governance.” But what if stakeholder governance actively empowered stakeholders?

72

72

Mckinsey and Company

JANUARY 7, 2022

What does it mean to embrace stakeholder capitalism? Two experts explain the rationale and the steps.

Corporate Finance 111

Corporate Finance Finance 111

Financial Analyst Insider

AUGUST 5, 2023

Managing stakeholders is vital for project success as it involves recognizing, examining, and engaging with individuals or groups who have a stake in the project’s The post How to Tackle Hurdles in Stakeholder Management appeared first on Financial Analyst Insider.

52

52

Reynolds Holding

MAY 6, 2022

The managerial power perspective suggests that, rather than being solely a benevolent action taken in solidarity with workers, CEO salary reductions could also have resulted from increased stakeholder outrage over such disparities. It is based on their recent article, “Does Stakeholder Outrage Determine Executive Pay?”

111

111

Mckinsey and Company

JUNE 9, 2023

With the focus on CX gaining momentum in medtech, companies can look to more mature industries to develop a stellar experience that boosts stakeholder satisfaction and business returns.

Marketability 63

Marketability 63

Mckinsey and Company

MAY 4, 2022

Understanding consumer behavior and attitude drivers may help stakeholders improve health outcomes and experiences for Black and Latino patients.

97

97

Reynolds Holding

SEPTEMBER 21, 2023

In a recent article in the Columbia Law Review , Professor Aneil Kovvali challenged what he calls the “stark choice hypothesis,” which suggests that pursuing stakeholder interests could hinder government reforms, forcing a choice between internal corporate governance reforms and external regulations.

52

52

Audit Board

APRIL 4, 2023

Continuous compliance begins with leadership and strategy — after which the responsibility must be passed off between compliance teams and their stakeholders. AuditBoard’s InfoSec Survival Guide: Achieving Continuous Compliance explores why stakeholders are as essential to compliance as branches are to a tree. Prove the value.

Compliance 52

Compliance Start-ups Technology Marketability 52

Harvard Corporate Governance

APRIL 8, 2024

Sometimes this way of talking about fiduciary duties is embraced by advocates of stakeholder value maximization in support of their position, with their sparring partners on the shareholder-value side of the continuum brushing that formulation aside as an outmoded way of thinking.

Equity 225

Equity 225

Mckinsey and Company

JANUARY 24, 2022

Stakeholders would need to act with unity, resolve, and ingenuity, and toward equitable long-term outcomes to support the economic transformation a net-zero transition entails.

69

69

Harvard Corporate Governance

JANUARY 14, 2024

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Bebchuk and Roberto Tallarita; How Twitter Pushed Stakeholders Under The Bus (discussed on the Forum here ) by Lucian A. Strine, Jr.;

311

311

Reynolds Holding

JUNE 16, 2022

Recent high profile investigations into greenwashing, the ongoing war in Ukraine and soaring energy costs have prompted questions as to the purpose and value of ESG, and more broadly, stakeholder capitalism. Others have questioned whether stakeholder capitalism and ESG can straddle “doing good” and “doing well.”

Market Capitalization 45

Market Capitalization Marketability 45

Harvard Corporate Governance

AUGUST 24, 2022

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders? discussed on the Forum here ), both by Lucian A. Strine, Jr.;

Marketability 351

Marketability 351

Harvard Corporate Governance

JANUARY 30, 2024

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Bebchuk and Roberto Tallarita; How Twitter Pushed Stakeholders Under The Bus (discussed on the Forum here ) by Lucian A. Strine, Jr.;

213

213

Harvard Corporate Governance

NOVEMBER 27, 2023

Bebchuk, Kobi Kastiel, and Anna Toniolo; and Restoration: The Role Stakeholder Governance Must Play in Recreating a Fair and Sustainable American Economy – A Reply to Professor Rock (discussed on the Forum here ) by Leo E. Strine, Jr.

315

315

Harvard Corporate Governance

FEBRUARY 13, 2024

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders? This post is based on his recent article forthcoming in the Journal of Law and Political Economy. Bebchuk and Roberto Tallarita.

219

219

Harvard Corporate Governance

APRIL 29, 2022

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders? Workers and other stakeholder constituencies have plainly suffered in the past few decades.

240

240

Harvard Corporate Governance

MAY 18, 2023

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Strine, Jr. Corporate governance is on the verge of entering a new stage. Until the 1970s, managerialism dominated the view of the corporation. more…)

Firm Value 240

Firm Value 240

Harvard Corporate Governance

MAY 9, 2022

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A. Bebchuk, Kobi Kastiel, and Roberto Tallarita (discussed on the Forum here ); Will Corporations Deliver Value to All Stakeholders? by Lucian A. We show that each of these arguments is flawed.

Finance 274

Finance 274

Harvard Corporate Governance

SEPTEMBER 23, 2023

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Strine, Jr.

306

306

Harvard Corporate Governance

JULY 17, 2022

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A. As pressure mounts from stakeholders, sustainability has never been a bigger focus for boards. Strine, Jr.

300

300

Harvard Corporate Governance

FEBRUARY 14, 2024

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders? and Stakeholder Capitalism in the Time of COVID (discussed on the Forum here ) by Lucian A. Strine, Jr.;

220

220

Harvard Corporate Governance

FEBRUARY 19, 2024

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders? Bebchuk and Roberto Tallarita; How Twitter Pushed Stakeholders Under The Bus (discussed on the Forum here ) by Lucian A.

Compliance 186

Compliance 186

Harvard Corporate Governance

SEPTEMBER 16, 2022

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. discussed on the Forum here ) and Stakeholder Capitalism in the Time of COVID (discussed on the Forum here ), both by Lucian A. Strine, Jr.;

Marketability 325

Marketability 325

Harvard Corporate Governance

MARCH 26, 2023

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

361

361

Reynolds Holding

JULY 5, 2023

In our new study, we investigate director appointments from 2004 through 2018 and examine the influence of boards, executives, and stakeholders on a firm’s ability to attract female board members. In this regard, we consider the influence of social pressure from stakeholders including institutional investors, employees, and customers.

59

59

Harvard Corporate Governance

JANUARY 23, 2023

Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver to All Stakeholders? and Stakeholder Capitalism in the Time of Covid (discussed on the Forum here ) by Lucian A. Strine, Jr.;

Technology 358

Technology 358