Publications

March 2004 (Revised November 2004)
Case

Great Depression, Mass Unemployment, and Business Leadership, The

Explores the texture of mass unemployment during the Great Depression in the United States. Business leaders offer assessments of the Great Depression and the New Deal. View Details

Keywords: History; Employment; Financial Crisis; United States

July 28, 2022
Article

How to Build a Life: How to Be Happy in a Recession

By: Arthur C. Brooks

Keywords: Happiness; Financial Crisis

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05 May 2009
First Look

First Look: May 5, 2009

during the Asian financial crisis from 1997 to the end of 1998. Purchase this case: http://hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=708001 E Ink in 2008 Harvard... View Details

Keywords: Martha Lagace

01 Jun 2010
News

September 2008, just one of its ten non-executive directors had any recent banking experience. He had joined the board five months before Lehman went bust. The backgrounds of Lehman’s independent directors were hardly suited to overseeing a complicated View Details

Keywords: John Gillespie;David Zweig; Finance

07 Jul 2010
First Look

First Look: July 7

This note briefly reviews the financial crisis in central Europe in late 2008 and summarizes how four central European countries—Poland, the Czech Republic, Hungary, and... View Details

Keywords: Martha Lagace

18 May 2010
First Look

First Look: May 18

case presents the predicament of a company trying to do right by its customers and its employees as the economic crisis of 2008 hits home. Fifteen years earlier, this Spanish supermarket chain had adopted... View Details

Keywords: Martha Lagace

25 Aug 2022
News

Ready for Departure

included a graph of passenger volume over the years that charted a steady, skyward incline, dotted by a few fleeting blips along the way: the Asian financial crisis of 1997, the SARS outbreak of 2003, the... View Details

Keywords: Jen McFarland Flint; illustrations by Chris Gash; Air Transportation; Transportation

August 2011 (Revised October 2014)
Case

High Wire Act: Credit Suisse and Contingent Capital (A)

By: Clayton S. Rose and Aldo Sesia

Late in 2010, Credit Suisse CEO Brady Dougan and his team closed in on the decision of whether or not to issue contingent capital, which Swiss regulators would require by 2019. There were a number of substantial issues facing Dougan and his team, including whether... View Details

Keywords: Financial Institutions; Capital Markets; Financial Crisis; Decision Choices and Conditions; Leadership; International Finance; Financial Liquidity; Risk and Uncertainty; Competitive Strategy; Financial Services Industry; Switzerland

June 2013
Article

Are There Too Many Safe Securities? Securitization and the Incentives for Information Production

By: Samuel G. Hanson and Adi Sunderam

We present a model that helps explain several past collapses of securitization markets. Originators issue too many informationally insensitive securities in good times, blunting investor incentives to become informed. The resulting endogenous scarcity of informed... View Details

Keywords: Information; Debt Securities; Financial Crisis

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Read Now

December 1998 (Revised January 1999)
Compilation

Explaining the Great Depression

By: David A. Moss and Joseph P Gownder

Although the Great Depression stands as the most punishing economic event of the 20th century, there is still remarkably little consensus about its causes. This case presents a number of prominent explanations including those of Franklin D. Roosevelt, John Maynard... View Details

Keywords: History; Financial Crisis; Theory; Economics

01 Dec 2008
News

Business at the Summit

making and the culmination of HBS’s yearlong centennial observance, the three-day event was designed to galvanize thinking and action around the 21st century’s transcendent business challenges. What no one expected, but what dominated the event, was the biggest View Details

Keywords: leadership; alumni events; Centennial; Business Schools & Computer & Management Training; Educational Services; Finance; Management

01 Mar 2010
News

Money Matters

Indian stock market was booming, and investors had grown accustomed to outsized returns. Then the bottom fell out. The financial crisis spawned in the United States reverberated around the globe during the... View Details

Keywords: Roger Thompson; Finance

August 1984 (Revised June 1985)
Teaching Note

Great Depression: Causes and Impact, Teaching Note

By: Richard S. Tedlow

Keywords: Outcome or Result; Financial Crisis

August 1984 (Revised January 1986)
Case

Great Depression: Causes and Impact

By: Richard S. Tedlow

Keywords: Outcome or Result; Financial Crisis

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January 2003 (Revised April 2003)
Case

Sun Hydraulics: Leading in Tough Times (A)

By: Linda A. Hill and Jennifer Suesse

Sun Hydraulics, 32-year-old global hydraulics engineering and manufacturing company headquartered in Sarasota, Florida, confronts tough choices due to the economic downturn in 2001. The company leadership debates how to maintain profitability and reduce labor costs... View Details

Keywords: Organizational Culture; Mission and Purpose; Financial Crisis; Crisis Management; Manufacturing Industry; Florida

01 Dec 2022
News

A Quiet Force: Remembering Jay Light

Jay O. Light, Dean of Harvard Business School from 2005 to 2010, died on October 15, 2022, at his home in South Dartmouth, Massachusetts, of cancer. He was 81 years old. Light served on the HBS faculty for more than four decades. He loved being in the classroom and was... View Details

Keywords: leadership; HBS Dean; obituary; academia

April 2016
Teaching Note

The Fall of the 'Fabulous Fab'

By: Eugene F. Soltes

Teaching note for HBS Case#114-063 View Details

Keywords: Management; Corporate Accountability; Ethics; Financial Crisis; Finance; Financial Services Industry; United States