by Victoria Ivashina and Boris Vallée - Publications - Faculty & Research

26 Jun 2020
Working Paper Summaries

Weak Credit Covenants

Keywords: by Victoria Ivashina and Boris Vallée; Financial Services

Research Summary

The Ownership and Trading of Debt Claims in Chapter 11 Restructurings (with Victoria Ivashina and David Smith)

This paper explores a novel data set that identifies over 71,000 investors holding debt claims of 136 companies filing for U.S. Chapter 11 bankruptcy protection during the period of 1998 through 2009. We investigate how concentration in debt ownership relates to... View Details

08 May 2017
Working Paper Summaries

Monetary Policy and Global Banking

Keywords: by Falk Bräuning and Victoria Ivashina; Banking

23 Feb 2018
Working Paper Summaries

Trade Creditors' Information Advantage

Keywords: by Victoria Ivashina and Benjamin Iverson

01 Jul 2010
Working Paper Summaries

Cyclicality of Credit Supply: Firm Level Evidence

Keywords: by Bo Becker & Victoria Ivashina; Banking

15 Jun 2012
Working Paper Summaries

Reaching for Yield in the Bond Market

Keywords: by Bo Becker & Victoria Ivashina

03 May 2016
Working Paper Summaries

Pay Now or Pay Later? The Economics within the Private Equity Partnership

Keywords: by Victoria Ivashina and Josh Lerner; Banking; Financial Services

24 Jun 2010
Working Paper Summaries

“An Unfair Advantage”? Combining Banking with Private Equity Investing

Keywords: by Lily Fang, Victoria Ivashina & Josh Lerner; Banking

15 Feb 2018
Working Paper Summaries

Can Financial Innovation Solve Household Reluctance to Take Risk?

Keywords: by Laurent Calvet, Claire Celerier, Paolo Sodini, and Boris Vallée; Financial Services; Computer

09 Sep 2013
Working Paper Summaries

The Disintermediation of Financial Markets: Direct Investing in Private Equity

Keywords: by Lily Fang, Victoria Ivashina & Josh Lerner

14 Mar 2023
In Practice

What Does the Failure of Silicon Valley Bank Say About the State of Finance?

lasting effects on the VC industry side, a subject for another day. Victoria Ivashina is the Lovett-Learned Professor of Finance and head of the Finance Unit. Erik Stafford:... View Details

Keywords: by Dina Gerdeman; Financial Services; Banking

18 Apr 2023
Research & Ideas

What Happens When Banks Ditch Coal: The Impact Is 'More Than Anyone Thought'

Consumers who are eager to mitigate climate change can take many actions, such as reducing the number of airline flights they take or installing solar panels on their homes. But the planet is in a race against time, and individual action alone won’t help most countries... View Details

Keywords: by Barbara DeLollis; Financial Services; Mining

05 Aug 2024
Research & Ideas

Watching for the Next Economic Downturn? Follow Corporate Debt

widespread distress: Corporate credit quality and growth, says Harvard Business School Professor Victoria Ivashina. “It's only in the US in 2007 and 2008 that we observed the... View Details

Keywords: by Rachel Layne

18 Jul 2016
Research & Ideas

Is Greed Ruining Private Equity Firms?

and continuity of the firm” This pattern of unequal pay was much more extensive than anticipated among the 717 private equity partnerships studied by HBS finance professor View Details

Keywords: by Dina Gerdeman; Banking; Financial Services

11 Feb 2015
Research & Ideas

Politicians Benefited From Using Toxic Loans

power for more than 20 years). Vallée and Pérignon analyzed how the politicians used the loans—whether they had invested the money in equipment or services for the city, or used the cash to lower taxes for... View Details

Keywords: by Carmen Nobel; Financial Services

15 Sep 2014
Research & Ideas

Are the Most Talented Employees the Highest Paid? Yes—If They’re Bankers

in the paper Are Bankers Worth Their Pay? Evidence from a Talent Measure by Boris Vallée, an assistant professor at Harvard Business School, and Claire Célérier, an assistant... View Details

Keywords: by Carmen Nobel; Banking

25 Sep 2018
First Look

New Research and Ideas, September 25, 2018

operations. Product failures are, therefore, likely to impact firms’ subsequent innovation activities. Using 13 years of Food and Drug Administration data, we examine the effects of firm and competitor... View Details

Keywords: Dina Gerdeman

28 Mar 2018
Research & Ideas

Sophisticated Investors May Be Harming Fintech Lending Platforms

traditional banking system had no information about applicants nor any idea how their capital would be deployed. In addition, decisions were made by bankers using largely subjective criteria, or, as Vallée... View Details