Forgiveness - Publications - Faculty & Research

23 Nov 2020
Research & Ideas

COVID Was Supposed to Increase Bankruptcies. Instead, They've Gone Down.

another piece of the social safety net, Kluender says. “Large corporations are not afraid to take advantage of the benefits of the generous debt forgiveness or reorganization that we have available through the US bankruptcy system,”... View Details

Keywords: by Rachel Layne

24 Feb 2021
Lessons from the Classroom

What History's Biggest Wars Teach Us About Leading in Peace

aggressive, too quick to push back on others, that will lead to conflict,” Malhotra says. “So you should be more patient, more pliant, more forgiving when conflict has the potential to escalate. But even this seemingly reasonable... View Details

Keywords: by Lane Lambert

03 Oct 2007
Research & Ideas

Dealing with the ‘Irrational’ Negotiator

that his case was airtight, but offered to forgive the $25,000 overpayment if the employee agreed to forgo his groundless suit as well. The employee's response: "No way. I don't need to see the records. I'll see you in court!"... View Details

Keywords: by Deepak Malhotra & Max H. Bazerman

02 Nov 2021
Research & Ideas

Why COVID-19 Probably Killed More People Than We Realize

“In times of crisis, leaders need to be brave and not afraid of criticism,” Rouen says. “The government is going to need to ask people to make sacrifices, and not all of them will pay off as expected. They have to have faith in their constituents, that they can View Details

Keywords: by Michael Blanding

09 Mar 2015
Research & Ideas

Why Entrepreneurs Should Go Work for Government

drivers and alleged evasion of local taxes. The Uber case brings up thorny questions around when pushing legal or policy boundaries becomes a public hazard rather than public benefit. Permission Or Forgiveness "We address this in the... View Details

Keywords: by Michael Blanding

28 May 2020
Research & Ideas

Coronavirus Could Create a 'Bankruptcy Pandemic'

Forgiving Student Loan Debt Leads to Better Jobs, Stronger Consumers On balance, is Chapter 11 bankruptcy protection good for the American economy? Share your insights below. View Details

Keywords: by Dina Gerdeman; Financial Services; Banking

07 Sep 2020
Research & Ideas

How to Help Small Businesses Survive COVID's Next Phase

through a few months, when normalcy would resume. The Paycheck Protection Program (PPP)—government-funded forgivable loans designed to help businesses pay their employees—would help them weather the storm. Six months later, there’s still... View Details

Keywords: by Danielle Kost; Food & Beverage; Service

02 Jun 2011
What Do You Think?

Is it Time for a National Bankruptcy?

nation's debt? they are the ones who chose the representatives." As an alternative to insolvency, forgiveness of debt combined with other measures had appeal for several respondents. Yadeed Lobo, while entertaining the idea of... View Details

Keywords: by Jim Heskett

23 Apr 2020
Research & Ideas

This Crisis Loan Program Preserved Jobs—and Made Money

payments, and are forgivable if firms use the cash infusion for essentials like rent and to retain most workers. A catastrophe in France A dozen years ago, as the Great Recession unfolded, French small businesses also faced catastrophic... View Details

Keywords: by Rachel Layne; Financial Services

18 Dec 2018
First Look

New Research and Ideas, December 18, 2018

of Debt Forgiveness: Strategic Default Contagion and Lender Learning By: Pérez Cavazos, Gerardo Abstract—I use a unique data set of loans to small business owners to examine whether lenders face adverse consequences when they grant debt View Details

Keywords: Dina Gerdeman

29 Mar 2010
Research & Ideas

Ruthlessly Realistic: How CEOs Must Overcome Denial

denial has become so high. We are living in a less forgiving world than we once did." We asked Tedlow to discuss how denial can cripple a company, and what can be done about it. Martha Lagace: What is the meaning of denial as you... View Details

Keywords: by Martha Lagace; Auto; Retail; Technology

13 Oct 2015
First Look

October 13, 2015

private information with borrowers. When lenders grant debt forgiveness to borrowers, borrowers communicate that information to other borrowers, who are then more likely to strategically default on their own obligations. This strategic... View Details

13 Apr 2020
Research & Ideas

Small Businesses Are Worse Off Than We Thought

federal help.” A significant number of survey-takers said they would not apply for government loans because they anticipated problems with accessing the funds due to red tape and distrust in the government to forgive the loans. “The low... View Details

Keywords: by Kristen Senz; Financial Services

03 Aug 2016
What Do You Think?

How Can We Hold the “Leadership Industry” Accountable?

with leaders as they really are, forgive the inevitable transgression but file it away for future reference Pfeffer attributes the abysmal levels of trust in which employees hold their organizations’ leaders (levels of trust, he fails to... View Details

Keywords: by James Heskett; Education

22 Jun 2021
Research & Ideas

The COVID-19 Mutiny: When Teams Leave and Take Their Clients

disingenuous and sly to continue talking business with a client or subordinate as if everything is normal, when you’re actually planning to leave. "Don’t use your resignation as a moment for vengeance, a fantasy of 'speaking truth to power,' or to seek View Details

Keywords: by Robin Abrahams, Boris Groysberg, and Steven L. Manchel

15 Apr 2002
Research & Ideas

In the Virtual Dressing Room Returns Are A Real Problem

be more forgiving in that it can fit a wide range of body types. Products like men's dress shirts and women's hosiery, which have consistent, known sizing, are also amenable to online buying. Basic garments are typically relatively... View Details

Keywords: by Jan Hammond & Kristin Kohler; Apparel & Accessories; Fashion; Consumer Products; Manufacturing; Retail

25 Jun 2013
First Look

First Look: June 25

too little influence to structural and situational factors. We examine whether this tendency leads even experienced professionals to make systematic mistakes in their selection decisions, favoring alumni from academic institutions with high grade distributions and... View Details

Keywords: Anna Secino

21 Sep 2016
Research & Ideas

Shabana Azmi: Leveraging Bollywood Fame into Social Good

the forgiving wife, you have the understanding sister. All of it was within the concept of what traditional society actually wanted. And I think women were the worst sufferers in that because if I tell you the name of the film in the ’60s... View Details

Keywords: by Sean Silverthorne; Motion Pictures & Video

30 Oct 2018
First Look

New Research and Ideas, October 30, 2018

misconduct, or recidivism. We extend our analysis to explore the differential treatment of ethnic minorities and find similar patterns of "in-group" tolerance. Our evidence is inconsistent with a simple Bayesian model and suggests instead that managers are... View Details