Publications

Publications

Filter Results: (12,785) Arrow Down
Filter Results: (12,785) Arrow Down Arrow Up

Show Results For

Show Results For

← Page 441 of 12,785 Results →

    Bernard M. Culver

    Taking the helm of Continental at the height of the Depression, Culver had hoped to maintain the business on an even keel. He did much more than that, building a top financial performer. During his tenure, he doubled the asset base of... View Details
    Keywords: Finance
    • January 1999 (Revised March 2000)
    • Case

    ZEFER: November 1998

    By: Paul A. Gompers
    ZEFER, a young Internet professional service firm, is considering its expansion options. Organic growth versus growth by acquisition is a central theme. The firm's financing strategy will be determined by its business strategy. View Details
    Keywords: Acquisition; Financial Strategy; Service Operations; Business Strategy; Expansion; Internet; Service Industry
    Related
    • 2024
    • Working Paper

    Valuing Stocks With Earnings

    By: Sebastian Hillenbrand and Odhrain McCarthy
    We show that commonly used aggregate earnings are several times as volatile as stock prices over the last three decades. Movements in the price-earnings ratio are thus entirely explained by earnings growth and unrelated to future returns. As an alternative to the... View Details
    Keywords: Price; Investment Portfolio; Stocks; Behavioral Finance; Accounting
    Related
    • Forthcoming
    • Article

    Large Shocks Travel Fast

    By: Alberto Cavallo, Francesco Lippi and Ken Miyahara
    We document a sizeable increase in the frequency of price adjustments following the large energy shocks of 2022. We use a tractable New Keynesian model, calibrated to the pre-shock data, to interpret such a pattern. The calibration highlights the state-dependence of... View Details
    Keywords: System Shocks; Price; Cost; Inflation and Deflation; Financial Institutions
    Related
    • August 2023
    • Article

    Do Rating Agencies Behave Defensively for Higher Risk Issuers?

    By: Samuel B. Bonsall IV, Kevin Koharki, Pepa Kraft, Karl A. Muller III and Anywhere Sikochi
    We examine whether rating agencies act defensively toward issuers with a higher likelihood of default. We find that agencies' qualitative soft rating adjustments are more accurate as issuers' default risk grows, as evidenced by the adjustments leading to lower Type I... View Details
    Keywords: Credit Rating Agencies; Soft Rating Adjustments; Default; Credit; Performance Evaluation; Measurement and Metrics; Financial Institutions; Risk Management
    Related
    • Article

    Core Earnings: New Data and Evidence

    By: Ethan Rouen, Eric C. So and Charles C.Y. Wang
    Using a novel dataset, we show that components of firms' GAAP earnings stemming from ancillary business activities or transitory shocks are significant in frequency and magnitude. These components have grown over time and are dispersed across various sections of the... View Details
    Keywords: Core Earnings; Transitory Earnings; Non-operating Earnings; Quantitative Disclosures; Equity Valuation; Big Data; Business Earnings; Financial Reporting; Valuation; Analytics and Data Science
    Related
    • Article

    Are Crises Good for Long-term Growth? The Role of Political Institutions

    By: Alberto Cavallo and Eduardo Cavallo
    This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. We show that once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect... View Details
    Keywords: Growth; Democracy; Macroeconomics; Growth and Development; Financial Crisis; Economic Growth; Government and Politics
    Related
    • 2015
    • Working Paper

    Banks' Risk Exposures

    By: Juliane Begenau, Monika Piazzesi and Martin Schneider
    This paper studies U.S. banks' exposure to interest rate and credit risk. We exploit the factor structure in interest rates to represent many bank positions in terms of simple factor portfolios. This approach delivers time varying measures of exposure that are... View Details
    Keywords: Risk and Uncertainty; Interest Rates; Credit; Banks and Banking; United States
    Related
    • April 22, 2015
    • Editorial

    One Way To Help Greece Recover: Help Greek Companies Obtain Financing

    By: George Serafeim
    Keywords: Europe; European Union; Eurozone; Politics; Government; Government And Business; Competitiveness; Country Analysis; Country Strategy; Finance; Competition; Financing and Loans; Financial Crisis; Business and Government Relations; European Union; Greece
    Related
    • December 1989
    • Article

    Organizational Changes and Value Creation in Leveraged Buyouts: The Case of O.M. Scott & Sons Company

    By: George P. Baker and Karen Wruck
    Keywords: Change; Value; Borrowing and Debt; Financial Instruments; Leveraged Buyouts
    Related
    • April 2009
    • Article

    Drawing Links Between Corporate Governance and Networks: Bankers in the Corporate Networks of Brazil, Mexico, and The United States Circa 1910

    By: Aldo Musacchio
    Keywords: Corporate Governance; Networks; Banks and Banking; Business History; Brazil; Mexico
    Related
    • March 2001 (Revised February 2004)
    • Case

    Power to the States: "Fiscal Wars" for FDI in Brazil

    By: Laura Alfaro, Yasheng Huang and Marios S. Kalochoritis
    On January 6, 1999, Itamar Franco, the governor of the state of Minas Gerais, the second-largest state in Brazil, declared a 90-day moratorium on its debt payment to the federal government. The announcement triggered a run on the Brazilian currency, the Real, and... View Details
    Keywords: International Relations; Investment; Financial Crisis; Borrowing and Debt; Brazil
    Related
    • 22 Sep 2020
    • Research & Ideas

    Recessions Push Some Entrepreneurs to Launch Too Soon

    Entrepreneurial success may depend on more than a great idea, plenty of connections, and financial backing, new research suggests. The entrepreneur’s job security may also play a significant role. Uncertain job prospects, such as those... View Details
    Keywords: by Sean Silverthorne
    • 14 Dec 2010
    • Op-Ed

    Tax US Companies to Spur Spending

    been a saving grace in ensuring that the financial crisis did not cause further damage to the economy. With traditional monetary and fiscal policy instruments seemingly exhausted, the mobilization of that cash hoard can prove critical to... View Details
    Keywords: by Mihir A. Desai
    • 15 Oct 2001
    • Op-Ed

    Lessons from the Rubble

    unfold and at the continued horrors that any response will undoubtedly let loose. We know that the death toll is at least in the thousands, and that the financial toll will soar to tens of billions of dollars. There are other things,... View Details
    Keywords: by Debora L. Spar
    • 24 Feb 2023
    • News

    Dean Datar Meets with Alumni in Palm Beach

    Starting this past fall and continuing through the coming year, Dean Srikant Datar is traveling to meet with alumni around the world. On Thursday, February 23, more than 60 alumni and guests gathered in Florida to celebrate and connect with each other at "HBS in Palm... View Details
    • 07 Sep 2021
    • News

    Building New Connections

    opportunities to educate and connect our alumni as lifelong learners. Additionally, having served most recently as the Senior Associate Dean for Strategic Financial Planning, Foley worked closely with CFO Richard P. Melnick in advising... View Details
    • 01 Jun 2013
    • News

    Brick by Brick

    first financial loss. "Their top-line growth was slowing down, but their costs were accelerating, so they were starting to lose some significant money," says Thomke. LEGO hired Danish turnaround expert Poul Plougmann to stanch the red... View Details
    Keywords: toys; Miscellaneous Store Retailers; Retail Trade

      John C. Emery, Jr.

      Emery continued the rapid expansion of his father’s business – creating a $1 billion plus business. Between 1968 and 1980, Emery ranked as one of the leading financial performers in the United States. Under his leadership, Emery dominated... View Details
      Keywords: Transportation
      • Career Coach

      Michele Biamonte

      Michele (HGSE, Adult Development '05) combines her professional experience in finance, talent management and higher ed admin to help students and alumni optimize their self-assessment, career exploration and personal branding process. She coaches students and alumni... View Details
      Keywords: Financial Services (All); Financial Services (All); Financial Services (All); Financial Services (All); Financial Services (All); Financial Services (All); Financial Services (All)