Publications

April 1996 (Revised March 1998)
Case

Lex Service PLC-- Cost of Capital

By: W. Carl Kester and Kendall Backstrand

Lex Service company has grown into a large multidivisional company with a substantial capital budget. In 1993, the board was reviewing its capital budgeting procedures. Specifically, it sought to determine the company's cost of capital and whether it should use... View Details

Keywords: Risk and Uncertainty; Cost of Capital; Equity; Capital Budgeting

1996
Chapter

Measuring Risk and Return for Portfolios

By: D. E. Bell

Keywords: Investment Portfolio; Investment Return; Risk and Uncertainty; Measurement and Metrics

1996
Chapter

Upside Opportunity and Downside Risk

By: Richard F. Meyer

Keywords: Risk and Uncertainty

January 1996 (Revised February 1997)
Case

Tennessee Valley Authority: Option Purchase Agreements

By: Peter Tufano

James Cross, VP of customer planning at the Tennessee Valley Authority, a major supplier of electric power in the Southeast United States, is considering meeting its incremental capacity needs by creating new financial contracts, Option Purchase Agreements (OPAs) to... View Details

Keywords: Risk and Uncertainty; Risk Management; Energy Generation; Corporate Finance; Energy Industry; United States

1996
Book Review

Book Review of Risk Taking edited by Z. Shapiro

By: M. H. Bazerman and K. A. Wade-Benzoni

Keywords: Risk and Uncertainty

January 1996
Article

Reducing the Cost of Demand Uncertainty through Accurate Response to Early Sales

By: A. Raman and M. Fisher

Keywords: Cost; Risk and Uncertainty; Sales

November 1995 (Revised April 1996)
Case

ENTel and the Privatization of Argentine Telecommunications

By: Willis M. Emmons III

Growing fiscal deficits, persistent economic recession, and underinvestment in the nation's telecommunications infrastructure lead the Argentine government to privatize its state-owned monopoly provider of telecommunications services, ENTel, in late 1990. The... View Details

Keywords: Opportunities; Risk and Uncertainty; Communication Technology; Privatization; Mobile and Wireless Technology; Governing Rules, Regulations, and Reforms; Competition; Development Economics; Policy; Government and Politics; Performance Effectiveness; Telecommunications Industry; Argentina

1995
Book

Decisions under Uncertainty

By: D. E. Bell and A. Schleifer Jr.

Keywords: Decision Choices and Conditions

September 1995 (Revised March 1999)
Teaching Note

Canadian Airlines: Reservations About Its Future (A) and (B) TN

By: F. Warren McFarlan

Keywords: Air Transportation; Risk and Uncertainty; Air Transportation Industry; Canada

1995
Chapter

Incentive Problems in Financial Contracting: Impacts on Corporate Financing, Investment, and Risk Management Policies

By: K. Froot

Keywords: Catastrophe Risk; Corporate Finance; Cost Of Capital; Banking And Insurance; Asset Pricing; Hedging; Banking; Decision Choice And Uncertainty; Financial Markets; Insurance; Policy; Risk Management; Natural Disasters; Insurance Industry

September–October 1995
Article

Is Foreign Infrastructure Investment Still Risky?

By: L. T. Wells Jr. and E. S. Gleason

Keywords: Investment; Risk and Uncertainty; Global Range

August 1995 (Revised December 2003)
Case

Cricket Road, 503

By: William J. Poorvu and Donald A. Brown

In September 2003, Mason Sexton, a young, inexperienced developer, was making plans to replace a rooming house he had inherited next to the University of Virginia campus in Charlottesville with a new 14-unit, 5-story apartment house. His attempts to assemble the... View Details

Keywords: Property; Entrepreneurship; Housing; Buildings and Facilities; Construction; Risk and Uncertainty; Management Practices and Processes; Real Estate Industry; United States

July 1995
Background Note

Reengineering: Competitive Advantage and Strategic Jeopardy

By: Richard L. Nolan

Keywords: Competitive Advantage; Risk and Uncertainty

July 1995
Article

A Contextual Uncertainty Condition for Behavior under Risk

By: David E. Bell

Keywords: Behavior; Risk and Uncertainty

June 1995 (Revised June 1996)
Case

White Nights and Polar Lights: Investing in the Russian Oil Industry

By: Debora L. Spar

In the latter half of the 1980s, the collapse of the Soviet empire created an unprecedented opportunity for Western businesses. Among those most attracted were the oil firms, who rushed to investigate Russia's vast petroleum reserves. But, as they soon discovered,... View Details

Keywords: Risk and Uncertainty; Market Entry and Exit; Foreign Direct Investment; Energy Sources; Energy Industry; Russia