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  • 22 Jul 2002
  • Research & Ideas

How Business Strategy Tamed the “Invisible Hand”

outcomes. Instead, in most lines of business—with the exception of a few commodities in which international trade had developed—firms had an incentive to remain small and to employ as little fixed capital as possible. It was in this era... View Details
Keywords: by Pankaj Ghemawat
  • 30 Apr 2007
  • Research & Ideas

All Eyes on Slovakia’s Flat Tax

As interest in the flat tax grows, the world seems transfixed on an unlikely country, Slovakia, whose 3-year-old tax reform program is paying early dividends. Essentially applying a uniform tax rate on citizens (and sometimes companies)... View Details
Keywords: by Martha Lagace
  • 21 Feb 2017
  • First Look

First Look at New Research: February 21

evaluate policies that change incentives for entry into self-employment. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=51676 Short-Termism and Capital Flows By: Fried, Jesse M., and Charles C.Y. Wang... View Details
Keywords: Carmen Nobel
  • 07 Nov 2017
  • First Look

New Research and Ideas: November 7, 2017

dampening the incentive to adopt managerial practices; and c) nonpecuniary returns to potentially inefficient but power-preserving practices. The findings presented in the paper provide support for a) and c), while we do not find evidence... View Details
Keywords: Carmen Nobel
  • 01 Dec 2016
  • News

Alumni Books of 2016

School Publishing) Public and philanthropic dollars are not enough to address global issues of poverty and disease, but innovative finance can bring governmental, commercial, and philanthropic resources to bear on the common good. Keohane argues that innovative finance... View Details
  • 28 Feb 2012
  • First Look

First Look: Feb. 28

We see author-level ranking as one filter for navigating the scholarly literature and note that such rankings generate incentives for more open scholarship, as authors are rewarded for making their work available to the community as early... View Details
Keywords: Sean Silverthorne
  • 10 Jan 2012
  • First Look

First Look: January 10

managed, while multinational, dispersed shareholder, and private-equity owned firms are typically well managed. Stronger product market competition and higher worker skills are associated with better management practices. Less regulated labor markets are associated... View Details
Keywords: Sean Silverthorne
  • 19 Jan 2011
  • First Look

First Look: Jan. 18

culture. We also find wide variation across variables for ratings consistency among analysts covering the same firm. On average, consistency is higher for sell-side than buy-side analysts, consistent with sell-side analysts facing greater View Details
Keywords: Sean Silverthorne
  • 28 Sep 2010
  • First Look

First Look: September 28, 2010

incentive to consume more applications than the social optimum to better satisfy their preference for variety); (2) an equilibrium selection problem (consumption complementarities often lead to multiple equilibria); and (3) a coordination... View Details
Keywords: Sean Silverthorne
  • 30 May 2000
  • Research & Ideas

Market Makers Bid for Success

have some true geeks, too, because one thing that's happened is that the Web is almost like Back to the Future. I was on the road with my CIO two days ago, and we were talking about the fact that some 20 years ago, when she was involved with mainframe computing, people... View Details
Keywords: by Staff; Web Services; Technology