Publications

March 2006
Teaching Note

Restating Revenues and Earnings at INVESTools Inc. (TN) (A), (B),(C) and (D)

By: Michael D. Kimbrough and F. Warren McFarlan

Keywords: Earnings Management; Revenue; Financial Services Industry

01 Dec 2020
News

Advance Racial Equity in the Office

those challenges. Quantitatively and qualitatively, define the standard of what “good” looks like, and then commit to bringing the same standard of rigor with which organizations approach any other aspect of... View Details

October 2001 (Revised March 2008)
Case

Anagene, Inc.

By: Robert S. Kaplan and Christina L. Darwall

An entrepreneurial, publicly traded biotech company has begun production and sales of its core product--cartridges that permit DNA samples to be analyzed on a microchip. In the early quarters, sales are difficult to forecast and the company has experienced fluctuating... View Details

Keywords: Cost Accounting; Financial Reporting; Production; Performance Capacity; Risk and Uncertainty; Genetics; Governing and Advisory Boards; Biotechnology Industry; California

20 Feb 2006
Research & Ideas

Are Company Founders Underpaid?

are the opposite of what we'd expect based on large-company compensation patterns. Q: Can you explain the difference between stewardship theory and agency theory? How do these theories apply to new venture firms? A: Agency theory is the View Details

Keywords: by Sarah Jane Gilbert; Financial Services; Financial Services

February 1996 (Revised February 1997)
Case

America Online, Inc.

By: Amy P. Hutton and Krishna G. Palepu

America Online's (AOL) stock price has soared nearly 2,000% since its IPO. However, there is considerable disagreement among analysts regarding the future prospects of AOL. Although many analysts are bullish on the stock, short sellers have sold around 7 million... View Details

Keywords: Cost Accounting; Analysis; Stocks; Decision Choices and Conditions; Financial Statements; Business Strategy; Web Services Industry

25 Jul 2003
Keynote Speech

The Impact of Sarbanes-Oxley and the NYSE Rules on American Corporate Governance

By: W. Carl Kester

Keywords: Stocks; Corporate Governance; Accounting Audits; United States

October 2005 (Revised December 2012)
Case

Productos Finas

By: David F. Hawkins

Provides a simple exercise to illustrate consolidation accounting. View Details

Keywords: Consolidation; Accounting; Financial Statements; Corporate Finance

05 May 2003
Research & Ideas

Greed, Fear, and The System Hinder Corporate Reform

governance. According to Grace Hinchman, senior vice president for public affairs at Financial Executives International, chief financial officers need to become more responsive to a smarter audit committee,... View Details

Keywords: by Martha Lagace

16 Jul 2024
Research & Ideas

Weighing Digital Tradeoffs in Private Equity

When private equity (PE) firms buy a company, they typically follow a standard playbook to create value—streamlining operations, restructuring debt, changing management, and cutting costs. However, as digital technologies and artificial... View Details

Keywords: by Michael Blanding; Financial Services

05 Jun 2012
First Look

First Look: June 5

professional and political characteristics of FASB members and SEC commissioners predict the accounting "reliability" and "relevance" of proposed standards. Notably, we find FASB members with backgrounds in View Details

Keywords: Sean Silverthorne

20 Jan 2015
First Look

First Look: January 20

performance. Publisher's link: https://hbr.org/2015/01/the-truth-about-csr Working Papers Auditor Lobbying on Accounting Standards By: Allen, Abigail M., Karthik Ramanna, and Sugata Roychowdhury... View Details

Keywords: Sean Silverthorne

Profile

Alex Roth

list," says Alex. "It's the standard bearer, the place where the case method was conceived. And its reputation is known all over the world. As a European, I want that extra seal of approval to make my MBA pop on my resume."... View Details

01 Sep 2010
News

Reinventing the Annual Report

types of narratives, and lots of pretty pictures. The amount of detail and the level of complexity in the financial section have grown considerably in response to the increasing onslaught of accounting rules... View Details

Keywords: Robert G. Eccles

20 Jan 2010
First Look

First Look: Jan. 20

state-owned firms, to bring them more into line with Chinese interests. China's accounting system had already undergone significant reforms during the two decades when its economy had grown to become the fourth largest in the world.... View Details

Keywords: Martha Lagace

15 Mar 2011
First Look

First Look: March 15

capital markets, standard setters, and financial analysts and how managers make accounting choices. But as accounting scholars have focused on... View Details

Keywords: Sean Silverthorne

September 2008 (Revised September 2011)
Background Note

Note: Credit Rating Agencies

By: William E. Fruhan

The note examines the role of credit rating agencies in capital markets, with emphasis on the role of these agencies in the recent credit crisis and recommendations for change. View Details

Keywords: Financial Crisis; Capital Markets; Credit; Governing Rules, Regulations, and Reforms; Standards