Borrowing and Debt - Publications - Faculty & Research

13 Mar 2018
First Look

March 13, 2018

import-intensive. Motivated by these facts, we build a dynamic model in which real depreciations raise the cost of importing intermediates but increase demand and the profitability to engage in exports and... View Details

Keywords: Sean Silverthorne

07 Aug 2007
First Look

First Look: August 7, 2007

financing proposals to pursue. A straight equity issue will dilute his principal shareholders' ownership, but seems like the safer alternative in an industry that is notorious for its high failure rate. On the other hand, a convertible View Details

Keywords: Martha Lagace

01 Oct 2001
News

The Eyes Have It: Business Plan Winners Pursue Global Vision

a microentrepreneur borrows from a microfinance institution, such as ACCION International or Grameen Bank, to pay for a testing kit and eyeglass supplies. The entrepreneur, who also undergoes a one-week... View Details

Keywords: eyeglasses

Fast Answer

eBook Access

and deliver it to you via email as a PDF. Other Sources for eBooks include: Internet Archive - The Internet Archive now has a 'Controlled Digital Lending' feature. They scan entire (copyrighted) books, View Details

09 Sep 2008
First Look

First Look: September 9, 2008

influence the companies being rated. We focus on corporate environmental ratings, the primary purpose of which is to help investors select "socially responsible" and avoid "socially irresponsible" companies. We... View Details

Keywords: Sean Silverthorne

17 May 2011
First Look

First Look: May 17

especially on high-income young workers and (2) lowers average taxes on all young workers relative to older workers when private saving and borrowing are restricted. Finally, I... View Details

Keywords: Sean Silverthorne

18 Nov 2014
First Look

First Look: November 18

own puzzles. Our review outlines the growing body of work that documents a role for debt financing related to innovation. We highlight the new literature on learning and experimentation across multi-stage... View Details

Keywords: Sean Silverthorne

10 Apr 2018
First Look

First Look at New Research, April 10, 2018

synergies, based on his vision of the future of transportation, energy storage, and a “green” economy. However, most Wall Street analysts were highly skeptical of the deal, voicing concerns that the merger would burden Tesla with... View Details

Keywords: Sean Silverthorne

Samuel I. Newhouse

At the age of 26 with $600 borrowed from his relatives, Newhouse bought his first local newspaper, the Staten Island Advance. Over the next five decades, Newhouse would amass a communications giant including a collection of 22 local... View Details

Keywords: Publishing & Print Media

John H. McConnell

Borrowing $600 by using his car as collateral, McConnell founded Worthington Industries in 1955 and guiding it into a premier manufacturer of steel and other metal-based... View Details

Keywords: Metals

01 Oct 1998
News

New Loan Program Signals Breakthrough in MBA Financial Aid

Corporation, a subsidiary of Citibank, that allows MBA students to borrow funds through a customized version of Citibank's private CitiAssist program. Citibank will be granted preferred lender status with MBA students at HBS, although... View Details

13 Jul 2010
First Look

First Look: July 13

turnaround expert, Andrew Macey, as COO to help him in the effort. Pearson and Macey have several options to consider: Should HLB raise $1 million in debt financing and focus... View Details

Keywords: Martha Lagace

Web

Buy Now, Pay Later: The Secondary Credit Market

people in industrializing societies to get themselves into debt. At the same time, waged employment in booming nineteenth-century cities created a class of borrowers who lacked the social networks necessary for older types of neighborly... View Details

22 May 2007
First Look

First Look: May 22, 2007

are removed. Firms are more likely to issue equity or redeem convertible debt during the restricted period, suggesting strong incentives for manipulation. Revisiting the Strategy, Structure, and Performance... View Details

Keywords: Martha Lagace

Fast Answer

Distressed companies

How can I identify companies in distress? Capital IQ: Screen for companies based on debt service coverage and credit rating Go to Screening and click Idea Generation Type... View Details

28 Sep 2010
First Look

First Look: September 28, 2010

paper: http://www.hbs.edu/research/pdf/11-029.pdf Crashes, Collateral, and the Financing of Securities Authors:Jakub W. Jurek and Erik Stafford Abstract This paper develops a parsimonious static model for... View Details

Keywords: Sean Silverthorne

01 Jun 2005
News

One-on-One with Grover Norquist

to zero. Are you concerned about the projected $2 trillion in government borrowing that may be necessary to cover the Social Security funding gap created by the President’s partial privatization plan? No. The unfunded liability of Social... View Details

Keywords: Government

Frederic N. Schwartz

Schwartz orchestrated Bristol-Myers' growth as a multinational health and beauty care provider ushering in ten consecutive years of market value appreciation. He oversaw the successful acquisition of Clairol View Details

Keywords: Healthcare

Charles D. Tandy

Though Tandy Corporation was a successful leather goods company, Charles Tandy’s biggest accomplishment was his revitalization of Radio Shack. Acquiring the company with $4.5 million in debt and almost $1... View Details

Keywords: Retail

January 2004 (Revised June 2004)
Case

Innovation at the Treasury: Treasury Inflation-Protection Securities (A)

By: Kenneth A. Froot, Peter A. Hecht and Christopher Edward James Payton

In 1997, the U.S. Treasury was deciding whether to proceed with a proposal to issue inflation-indexed bonds. This case explores the challenges facing innovation in the financial markets as the Treasury tries to determine whether to introduce Treasury... View Details