Publications

July 2000
Article

Information, Non-Excludability, and Financial Market Structure

By: B. Anand and A. Galetovic

Keywords: Information; Finance; Markets

Article

Agency Costs, Mispricing, and Ownership Structure

By: Sergey Chernenko, C. Fritz Foley and Robin Greenwood

Standard theories of corporate ownership assume that because markets are efficient, insiders ultimately bear all agency costs that they create and therefore have a strong incentive to minimize conflicts of interest with outside investors. We argue that if equity is... View Details

Keywords: Business and Shareholder Relations; Ownership; Conflict of Interests; Investment; Valuation

July 2002 (Revised August 2002)
Supplement

Australia-Japan Cable: Structuring the Project Company

By: Benjamin C. Esty

Spreadsheet to (9-203-024). Download only. View Details

Keywords: Projects; Customers; System; Capital; Competition; Investment Return; Risk and Uncertainty; Telecommunications Industry; Australia; Japan

2005
Working Paper

Capital Structure with Risky Foreign Investment

By: Mihir A. Desai, C. Fritz Foley and James R. Hines Jr.

2005
Working Paper

Capital Structure with Risky Foreign Investment

By: Mihir A. Desai, C. Fritz Foley and James R. Hines Jr.

October 2009
Teaching Note

Blaine Kitchenware, Inc.: Capital Structure (Brief Case)

By: Timothy A. Luehrman and Joel L. Heilprin

Teaching Note for 4040 View Details

Keywords: Finance; Capital Structure; Financial Strategy

January 2024 (Revised June 2024)
Case

School of Rock: Tuning into Structured Empowerment (A)

By: Tatiana Sandino, Jeffrey Rayport, Samuel Grad and Stacy Straaberg

In summer 2021, School of Rock was a youth-oriented music education company with 291 franchise- and company-owned schools globally. Before CEO Rob Price’s hire in 2017, School of Rock’s nonconformist rock ‘n’ roll culture led to variability in teaching styles,... View Details

Educators

1982
Casebook

Cases in Operations Management: Strategy and Structure

By: W. Earl Sasser, Kim B. Clark, David A. Garvin, Margaret B.W. Graham, Ramchandran Jaikumar and David H. Maister

Keywords: Cases; Operations; Management; Strategy; Organizational Structure

Research Summary

Impact of Technology on Industry Structure and Competitive Strategy

By: Stephen P. Bradley

Stephen Bradley’s research has focused for several years on the impact of technology on industry structure and competitive strategy. In particular he has been studying the convergence of information technology and telecommunications and how this convergence is... View Details

October 1980 (Revised April 1981)
Background Note

Structure of the U.S. Government Decision-Making Process

By: J. Ronald Fox

Keywords: Decision Making; Government and Politics; United States

Article

On the Optimal Structure of Liability Laws

By: Jerry R. Green

We consider the control of tvo-party accidents through the use of liability rules that assign damages according to whether or not predetermined standards for care have been met. Particular emphasis is given to how the differential in the costs of accident avoidance... View Details

Keywords: Legal Liability; Law

1993
Article

Innovation and the Structure of High-Technology Industries

By: Josh Lerner

Keywords: Innovation and Invention; Information Technology; Business Ventures

January 2003
Teaching Note

Australia-Japan Cable: Structuring the Project Company (TN)

By: Benjamin C. Esty and Carrie Ferman

Teaching Note for (9-203-029). View Details

Keywords: Telecommunications Industry; Australia; Japan

May 1998
Article

Assessing Long-Term Promotional Influences on Market Structure

By: Carl Mela, Sunil Gupta and Kamel Jedidi

Keywords: Power and Influence; Markets; Product Marketing

October 1990
Article

The Structure and Governance of Venture-Capital Organizations

By: William A. Sahlman

Keywords: Governance; Venture Capital; Organizations

July 2021
Article

Multinationality and Capital Structure Dynamics: A Corporate Governance Explanation

By: Daniel Gyimah, Nana Abena Kwansa, Anthony K. Kyiu and Anywhere Sikochi

This paper examines the impact of corporate governance on capital structure dynamics. Using ordinary least squares regressions on 17,496 firm-year observations for 2,294 U.S. multinational companies (MNCs) over the period 1990–2018, we find that MNCs with strong... View Details

Keywords: Multinationality; Speed Of Adjustment; Corporate Governance; Multinational Firms and Management; Capital Structure

September 2016
Article

When 3+1>4: Gift Structure and Reciprocity in the Field

By: Duncan S. Gilchrist, Michael Luca and Deepak Malhotra

Do higher wages elicit reciprocity and lead to increased productivity? In a field experiment with 266 employees, we find that paying higher wages, per se, does not have a discernible effect on productivity (in a context with no future employment opportunities).... View Details

Keywords: Wages; Performance Productivity

August 2014
Background Note

The Structure and Functioning of Art Markets

By: Mukti Khaire and Eleanor Kenyon

The production, valuation, and consumption of contemporary art are guided by cultural and economic forces that play out in primary and secondary markets. Artists seek the attention of art dealers, who, along with auction houses, play a large role in determining what is... View Details

Keywords: Art Dealer; Art Market; Arts; New York (city, NY)

Educators