Publications

Educators

November 1999
Background Note

Operating Segment Disclosures

By: David F. Hawkins

Discusses the accounting rules that govern operating segment disclosure. View Details

Keywords: Financial Reporting; Corporate Disclosure; Governing Rules, Regulations, and Reforms; Operations

November 1997
Case

Herbert Hoover (B)

By: Louis T. Wells Jr.

Presents a character sketch of Herbert Hoover, along with Hoover's views on the cause of the Great Depression of the 1930s. Illustrates the political economy of the period and presents different interpretations of the course of the Great Depression. A rewritten version... View Details

Keywords: Economic Slowdown and Stagnation; Financial Crisis; Government and Politics; Personal Characteristics

Educators

spring 1973
Article

Management of Commercial Bank Government Security Portfolios: An Optimization Approach Under Uncertainty

By: D. B. Crane and Stephen P. Bradley

Keywords: Management; Banks and Banking; Government and Politics; Investment; Risk and Uncertainty

09 Nov 2022

College Coffee Chat at UCSB

Stop by to chat with a member of the MBA Admissions team to learn about our college programs including 2+2, Peek Weekend, and SVMP and our Admissions and Financial Aid process. View Details

March 2005
Article

Short- and Long-term Demand Curves for Stocks: Theory and Evidence on the Dynamics of Arbitrage

By: Robin Greenwood

I develop a framework to analyze demand curves for multiple risky securities at extended horizons in a setting with limits-to-arbitrage. Following an unexpected change in uninformed investor demand for several assets, I predict returns of each security to be... View Details

Keywords: Limits To Arbitrage; Event Studies; Demand Curves; Portfolio Choice; Framework; Demand and Consumers; Change; Risk and Uncertainty; Debt Securities; Forecasting and Prediction; Stocks; Assets; Investment Portfolio; System Shocks; Price; Japan

Read Now

April 2022
Supplement

PG&E and the First Climate Change Bankruptcy

By: Stuart C. Gilson

Keywords: Chapter 11; Utilities; Liabilities; Restructuring; Insolvency and Bankruptcy; Debt Securities; Legal Liability; Climate Change; Utilities Industry; United States

Article

The Harmonization of Lending Standards within Banks through Mandated Loan-Level Transparency

By: Jung Koo Kang, Maria Loumioti and Regina Wittenberg-Moerman

We explore whether the introduction of transparent reporting rules increases credit standard harmonization within a bank. We exploit the new loan-level reporting rules imposed on banks that borrow from the European Central Bank using repurchase agreements... View Details

Keywords: Transparency; External And Internal Reporting; Credit Term Harmonization; Regulatory Scrutiny; Banks and Banking; Credit; Financial Reporting; Governing Rules, Regulations, and Reforms; Learning

December 2009
Article

Catering Through Nominal Share Prices

By: Malcolm Baker, Robin Greenwood and Jeffrey Wurgler

We propose and test a catering theory of nominal stock prices. The theory predicts that when investors place higher valuation on low-price firms, managers will maintain share prices at lower levels, and vice-versa. Using measures of time-varying catering incentives... View Details

Keywords: Stocks; Stock Shares; Investment; Investment Return; Price; Theory; Valuation

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November 1999 (Revised June 2001)
Case

Seitel, Inc.

By: David F. Hawkins

The company's accounting for its seismic data library is questioned. Teaching Purpose: Inventory accounting. View Details

Keywords: Stock Shares; Financial Statements; Business Earnings; Financial Reporting; Stock Options; Mathematical Methods; Accounting Industry

Educators

Web

Research Links: Photographs - Railroads and the Transformation of Capitalism | Harvard Business School

Native American settlements along the lines. The images also depict the natural scenery of the land. Henry Villard Photograph Album, 1883 This elaborate photograph album contains 35 black-and-white silver gelatin portrait prints of prominent German View Details

Web

Statement of Activity & Cash Flows - Annual Report 2014

Financials Statement of Activity & Cash Flows 5-Year Data Summary CFO Letter Consolidated Balance Sheet Statement of Activity & Cash Flows Supplemental Financial Information Revenues IN MILLIONS for the... View Details

23 Sep 2020
News

HBS Action Plan for Racial Equity

individuals who apply,” Rivkin told The Wall Street Journal. “Reducing financial barriers is key. It increases financial aid to families that have historically been unable to accumulate wealth over... View Details

01 Mar 2010
News

Déjà Vu All Over Again

Financial Crises, 1830s–1930s” uses letters, photos, cartoons, old money, and legislative documents to chart four economic implosions that occurred in 1837, 1873, 1907, and 1929. While offering a fascinating glimpse into the unique... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

March 16, 2003
Article

Footnote Reporting Distorts Impact of Stock Options

By: Zvi Bodie, Robert S. Kaplan and Robert C. Merton

Keywords: Financial Instruments; Reports; Stocks

01 Jun 2012
News

Good as Our Word

And finally, how would the firm acquire status as a Nationally Recognized Statistical Rating Organization, an SEC designation that is considered a key “must-have” by many credit ratings customers? In the classroom, Becker says, students have a great interest in the... View Details

Keywords: Maggie Starvish; Bond rating; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

March 2009 (Revised October 2009)
Teaching Note

Washington Mutual's Covered Bonds (TN)

By: Daniel Baird Bergstresser and Robin Greenwood

Teaching Note for [209093]. View Details

Keywords: Banks and Banking; Bonds; Banking Industry