Capital Budgeting - Publications - Faculty & Research

Arthur Schleifer

Keywords: automotive; computer; consumer products; financial services; grocery; insurance industry; manufacturing; marketing industry; restaurant; retailing; software; tire; tobacco; wine

08 Jun 2010
First Look

but real differences in corporate finance and investment through two different channels: a "more money" effect arising from the debt coinsurance feature of conglomerates and a "smarter money" effect arising from more efficient internal View Details

Keywords: Martha Lagace

01 Oct 1999
News

Banking on Success

Stanley's international investment banking operations. On returning to New York, he took over responsibility for the firm's global equity capital markets business, and in 1997, he became an advisory director. A veteran rock climber and... View Details

Keywords: Deborah E. Blagg

25 Jan 2010
Research & Ideas

A Macroeconomic View of the Current Economy

What exactly does it mean that the real interest rate has moved, or the real exchange rate has moved this way or that? There are different types of productivity—labor productivity, capital productivity, and total factor productivity.... View Details

Keywords: by Sean Silverthorne

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HBS - Financials | Supplemental Financial Information

individual donors, corporations, and reunion classes; and cash transfers by the School to the endowment reserve. The School budgets the use of endowment distributions to support operations in accordance with the donors’ intentions and the... View Details

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HBS - Financials | Supplemental Financial Information

increased to 256 FTEs in fiscal 2021, from 244 FTEs a year earlier. The School's administrative staff grew to a budgeted 1,871 FTEs in fiscal 2021, from 1,839 in the prior year. To capitalize on new... View Details

10 Apr 2018
First Look

First Look at New Research, April 10, 2018

https://cb.hbsp.harvard.edu/cbmp/product/518046 Harvard Business School Case 518-061 Kellogg Company/eighteen94 capital With 33,000 employees and revenues of $13 billion in 2016, Kellogg Company was the world’s largest producer of branded... View Details

Keywords: Sean Silverthorne

18 Dec 2006
Lessons from the Classroom

Grooming Next-Generation Leaders

in a more informed way and be able to go to management and say, 'Look, here's the business plan. Here are the resources I would like. This is what I think we can show.' "So someone who has an understanding of the capital View Details

Keywords: by Martha Lagace

04 Apr 2018
Research & Ideas

Smart Cities are Complicated and Costly: Here's How to Build Them

Chombosan Much promotion of smart cities assumes that municipalities will take a proactive, top-down, technology-first approach to urban progress. Thus far, these initiatives look for some forward-thinking city official (or immensely deep-pocketed private investor) to... View Details

Keywords: by John Macomber; Construction; Green Technology

27 Nov 2000
Research & Ideas

The Dynamics of Standing Still: Firestone Tire & Rubber and the Radial Revolution

Firestone's bottom-up capital budgeting process functioned flawlessly, quickly converting Ford and General Motors' demands into concrete commitments to radial production capacity. In a November 1972... View Details

Keywords: by Donald N. Sull; Manufacturing; Transportation

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Harvard Business School

Wilkins began his career as a finance and management consultant before becoming president of Syndicated Communications in 1977. Wilkins served in that capacity through 1989, then took posts as managing general partner of Syncom Capital... View Details

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Frequently Asked Questions | HBS Online

equivalent at some point during their education and possess a basic understanding of capital markets, portfolio theory, and risk and return. Can I use this course for CFA Institute credit? CFA Institute (including the Chartered Financial... View Details

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2024 Reunion Presentations - Alumni

After the Boom and the Bust What’s Next for Venture Capital and Entrepreneurship? Professor Professor Josh Lerner (PMD 62) + More Info - Slides – Less Info - Slides Venture capital—and high-potential entrepreneurship—underwent a... View Details

November 2016 (Revised December 2016)
Module Note

Strategy Execution Module 7: Designing Asset Allocation Systems

By: Robert Simons

This module reading provides tools and analyses for acquiring and allocating resources. The module begins by reviewing the importance of setting strategic boundaries as a basis for asset acquisitions. Next, a distinction is made between new assets acquired to meet... View Details

Keywords: Management Control Systems; Implementing Strategy; Execution; Asset Allocation Systems; Payback; Discounted Cash Flow; Internal Rate Of Return; Strategic Investments; Analyzing Acquisitions; Strategy; Capital Budgeting

Citation

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March 1994 (Revised June 1999)
Background Note

Real Options: Valuing Managerial Flexibility

Provides a basic understanding of real options in corporate finance. Traditional discounted cash flow techniques (NPV) do not deal well with managerial flexibility or future response to uncertainty. The value of this flexibility can be significant and is handled well... View Details

Keywords: Strategy; Capital Budgeting; Corporate Finance

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August 2007 (Revised January 2009)
Exercise

Real Options Exercises

By: Timothy A. Luehrman

Introduces students to simple forms and solution techniques for real options found in corporate settings. Revised versions of problems appearing in an older problem set (293-095). The basic differences are that the new set is shorter, but also a bit more demanding. View Details

Keywords: Capital Budgeting; Valuation

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