Publications

10 Jan 2018
Research & Ideas

Working for a Shamed Company Can Hurt Your Future Compensation

work. It does seem like companies make some distinctions between employees, who are not all painted with the same broad brush. Senior executives suffer a 6.5 percent compensation discount on average while financial executives take a 10... View Details

Keywords: by Michael Blanding; Financial Services

24 Mar 2016
News

A Fitness Industry Innovator Powers On

rebranding the club, and those that followed, as 24 Hour Fitness—would alter the industry forever, with 24 Hour Fitness growing to 420 clubs, 20,000 employees, and over $1 billion in annual revenues. “In the fitness industry, there are very major economies of scale on... View Details

April 2004
Article

The Illiquidity Puzzle: Theory and Evidence from Private Equity

By: Josh Lerner and Antoinette Schoar

Keywords: Financial Liquidity; Theory; Information

23 Feb 2018
Working Paper Summaries

Trade Creditors' Information Advantage

Keywords: by Victoria Ivashina and Benjamin Iverson

1993
Chapter

Banks in the Boardroom: Germany, Japan, and the United States

By: W. C. Kester

Keywords: Banks and Banking; Governing and Advisory Boards; Germany; Japan; United States

July 2018
Teaching Note

The Perfect Storm: What Happens When the Market Moves Four Standard Deviations?

By: Nori Gerardo Lietz and Sayiddah Fatima McCree

Adam Carter was the portfolio manager for Tate Modern Finance III, L.P. (“Tate” or the “Fund”), the third in a series of U.S. commercial real estate debt funds sponsored by the London-based Tate Partners. The Fund was capitalized with $700 million of equity... View Details

Keywords: CMBS; CLO; Repo Financing; Real Estate; Financial Strategy; Investment Funds; Financing and Loans

June 1995
Article

New Mortgage Banking Standard

By: David F. Hawkins

Keywords: Banks and Banking; Mortgages

March 1998
Article

The Performance of International Joint Ventures: A Study of The Merchant Banking Industry In Singapore

By: Paul M. Healy, Andrew Alford and Ng Kah Hwa

Keywords: Performance; Joint Ventures; Banks and Banking; Banking Industry; Singapore

September 1992 (Revised April 1993)
Background Note

Recognizing Revenues and Expenses: When Is Income Earned?

By: William J. Bruns Jr.

An introduction to the accrual concept used in accounting and its importance to revenue recognition and the matching concept. To be used in conjunction with inventory valuation cases where delivery may not constitute a sale and revenue. View Details

Keywords: Accrual Accounting; Logistics; Value; Revenue Recognition

Educators

July 2010
Teaching Note

Executive Pay and the Credit Crisis of 2008 (TN) (A) and (B) and The Credit Crisis of 2008: An Overview

By: V.G. Narayanan and Lisa Brem

Teaching Note for 109036, 110005, and 110048. View Details

Keywords: Financial Crisis; Compensation and Benefits; Management Teams

January 1997 (Revised October 1997)
Case

Guaranty Trust Bank Plc. Nigeria

A new bank rose from nothing to sixth place in Nigeria by turning its back on traditional practices (corruption, bribery, political favoritism) and adopting policies of high integrity and high employee involvement. They said it couldn't be done, but it was. The... View Details

Keywords: Ethics; Success; Banks and Banking; Banking Industry; Nigeria

05 Jun 2015
Blog Post

The HBS Investment

HBS is an experience. HBS is an investment. HBS is two years to have fun, meet new people, and learn from some of the greatest teachers in the world. All of these hold a piece of truth. But only a piece. While the topline narrative is overwhelmingly enticing, the... View Details

Andrzej Baraniak

Andrzej is a cofounder of Albert, a direct to consumer financial technology company started in 2015. Albert has raised over $200 million to date, has over 1 million active subscribers and a team of over 100 employees. Before Albert,... View Details

Keywords: Finance

November 2002
Background Note

Strategy and Sources of Motion Picture Finance, The

By: Mihir A. Desai, Gabriel J. Loeb and Mark Veblen

This case considers the alternative financing mechanisms for film financing, the evolution of film finance in the United States, and the nature of tax-motivated film financing in the United States and around the world. It develops the strategy driving motion picture... View Details

Keywords: Film Entertainment; Financial Instruments; Financial Strategy; Financing and Loans; Globalized Markets and Industries; Taxation; Motivation and Incentives; Competitive Strategy; Entertainment and Recreation Industry; United States

Educators