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Faculty Leadership

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Co-Director, Mossavar-Rahmani Center for Business and Government
Lecturer in Public Policy, Harvard Kennedy School

This program explores the role of business in formulating, influencing and implementing public policy.


It illuminates the fundamental issues of corporate public policy making and engagement in implementing public policy by examining the context: key elements of governance; the purpose of the corporation; and concepts of corporate performance, integrity and risk. We are examining a series of consequential matters – globalization of industries and global governance, tensions arising from innovation and technology developments, and the role of shareholders and institutional investors to secure public goods by influencing the behavior of investee corporations.  We focus on the role of the corporation in addressing public issues given the tensions between private interests and public interests.

Featured News & Research


Amitabh Chandra, NBER, June 2021


James Stock, Wall Street Journal, March 4, 2021

hands putting together a puzzle

Ruggie, John Gerard and Rees, Caroline and Davis, Rachel, Making ‘Stakeholder Capitalism’ Work: Contributions from Business & Human Rights (November 19, 2020). HKS Working Paper No. RWP20-034.

Yellow and white construction hats in wire lockers

Summers, Lawrence H. and Anna Stansbury. "U.S. Workers Need More Power," Washington Post, June 28, 2020.

low angle photo of high rise buildings

Summers, Lawrence H. "If Business Roundtable CEOs are Serious about Reform, Here's What They Should Do." Washington Post, September 2, 2019.

Water pouring into a glass

Sinson, Callie and Jane Nelson. "3 actions business leaders can take to help solve our water crisis." World Economic Fourm, January 20, 2020.

Featured Publications

How Policymakers Can Make Better Decisions To Avoid Catastrophe

Cass Sunstein, September 7, 2021

Why Startups Fail

Tom Eisennman, August 25, 2021

The Power of Trust: How Companies Build It, Lose It, Regain It

Sandra J. Sucher, July 2021

Biden considers order to use regulatory power to boost competition

Jason Furman, June 30, 2021

Private-Public Collaboration in Productive Development Policies: Argentina's Mesas Sectoriales

(CID Fellow - Ernesto Stein), June 14, 2021

Regulatory Approval and Expanded Market Size

Amitabh Chandra, June 2021

Including Disability in Business and Human Rights Discourse and Corporate Practice

Michael Ashley Stein, June 14, 2021

Government and Economics: An Emerging Field of Study

Eric Maskin, June 2021

The Big Benefits of Employee Ownership

Ethan Rouen, May 18, 2021

What Role Should a Company Play in a National Crisis?

Christopher Malloy, May/June 2021

Board Design and Governance Failures at Peer Firms

Andy Wu, May 14, 2021

Power Sharing Can Change Corporations for the Better

Julie Battilana, May 12, 2021

Author Talks: Hubert Joly on unleashing human magic

Hubert Joly – May 8, 2021

Will Loyalty Shares Do Much for Corporate Short-Termism?

Mark Roe, April 12, 2021

From Ideal Worker to Ideal Workplace Using Behavioral Design to Create More Equitable Companies

George Serafeim, March 2021

The Right Discount Rate for Regulatory Costs and Benefits

James Stock, March 4, 2021

The Sustainable Corporate Governance Initiative in Europe

Mark Roe, Holger Spamann, Jesse Fried and Charles Wang, 2021

Social-Impact Efforts That Create Real Value

George Serafeim, October 2020

How to Measure a Company's Real Impact

George Serafeim, September 3, 2020

Measuring the Cost of Corporate Water Usage

George Serafeim, 2020

Broadening our Views of Corporate Social Impact

Rebecca Henderson, July 29, 2020

Making “Stakeholder Capitalism” Work: Contributions from Business & Human Rights

John Ruggie, 2020

The Paradox of Corporate Globalization: Disembedding and Reembedding Governing Norms

John Ruggie, 2020

3 actions business leaders can take to help solve our water crisis. 

Callie Stinson and Jane Nelson, World Economic Forum, January 20, 2020.

Corporate Purpose in Play:The Role of ESG Investing

John Ruggie, 2019

Corporate Purpose in Play: The Role of ESG Investing.

John Ruggie, HKS Working Paper No. RWP19-034, November, 2019.

If Business Roundtable CEOs are Serious about Reform, Here's What They Should Do.

Lawrence H. Summers, Washington Post, September 2, 2019.

Reimagining Capitalism - Aspen Institute Conversation with Rebecca Henderson

Rebecca Henderson, March 6, 2019

Further Publications, Opinion and Commentary

Pricing of Climate Risk Insurance: Regulatory Frictions and Cross-Subsidies

Ishita Sen. August 31, 2021

The Frequency of Corporate Misconduct: Public Enforcement versus Private Reality

Eugene F. Soltes, March 29, 2019

“Facebook, BlackRock, and the Case for Purpose-Driven Companies.”

George Serafeim, January 16, 2018

Wells Fargo’s board members are getting off too easily 

Lawrence H. Summers, Blog, February 6, 2018.

Making the Numbers? 'Short Termism' and the Puzzle of Only Occasional Disaster.

Rahmandad, Hazhir, Rebecca Henderson, and Nelson Repenning. Management Science 64(3), March 2018: 1328-1347.

Wells Faro Lessons: Will Leaders Ever Learn?

Ben Heineman, Jr. Harvard Law School Forum on Corporate Governance and Financial Regulation, April 26, 2017.

Can Corporations Help Heal Broken Policy and Politics in an Era of Upheaval? 

Ben Heineman, Jr., Brink News, February 20, 2017.

The Inside Counsel Revolution: Resolving the Partner-Guardian Tension

Ben Heineman, Jr., Ankerwycke, 2016.

The "Business in Society" Imperative for CEOs.

Ben Heineman, Jr. Harvard Business Review, December 20, 2016.

Thought Economics: Modern Capitalism.

Lawrence H. Summers, 2015.

Do Managers Have a Role to Play in Sustaining the Institutions of Capitalism?

Rebecca Henderson and Karthik Ramanna, 2015

Why Do Firms Have "Purpose"? The Firm's Role as a Carrier of Identity and Reputation.

Rebecca Henderson and Eric Van den Steen, May 2015

 “Making the Business Case for Sustainability.”

Rebecca Henderson, February 19, 2015.