Debt Issues - Publications - Faculty & Research

26 Jul 2016
First Look

July 26, 2016

Moody’s downgrading the bank’s debt due to rising nonperforming assets. She embarks on a mission to improve the bank’s risk taking and management abilities, ensure uniform customer experience, and encourage greater collaboration among... View Details

Keywords: Sean Silverthorne

14 Nov 2017
First Look

New Research and Ideas: November 14, 2017

within the context of the device approval process. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=53492 Lessons Unlearned? Corporate Debt in Emerging Markets By: Alfaro, Laura, Gonzalo Asis, Anusha Chari, and Ugo Panizza... View Details

Keywords: Carmen Nobel

02 Aug 2016
First Look

August 2, 2016

households. The quality of the liquidity services provided by bank liabilities depends on their safety in case of default. Commercial bank debt is fully insured and thus provides full liquidity. However, commercial banks do not... View Details

Keywords: Sean Silverthorne

20 Oct 2010
Op-Ed

Export Competitiveness: Reversing the Logic

strategy. It argues that the focus of debate now needs to be on the actual policies that can increase competitiveness rather than exports per se. 2. Policies to improve export competitiveness: Critical issues The notion that exports and... View Details

Keywords: by Christian Ketels

06 Mar 2012
First Look

First Look: March 6

Healy, George Serafeim, Devin Shanthikumar, and Gui Yang Abstract We examine the selection and performance of stocks recommended by analysts at a large investment firm relative to those of sell-side analysts during the period mid-1997 and 2004. The buy-side firm's... View Details

Keywords: Sean Silverthorne

08 Sep 2008
HBS Case

The Value of Environmental Activists

There are many methods, most financial, to measure the success of companies in meeting goals. But the question becomes a lot harder at Harvard Business School when MBAs are challenged to measure the efforts of environmental organizations like Greenpeace and the World... View Details

Keywords: by Sarah Jane Gilbert; Energy; Utilities

27 May 2014
First Look

First Look: May 27

finance a new venture? In this note, I will try to help answer this question by addressing the following topics: 1) Types of funding. The two major types of startup capital are equity funding and debt funding although there are a few... View Details

Keywords: Sean Silverthorne

08 Nov 2011
First Look

First Look: Nov. 8

paid down $1 million of its outstanding debt of $7.75 million. The only source for such a refinancing was the equity investors who funded the buyout purchase of the company eighteen months earlier. Purchase this... View Details

Keywords: Sean Silverthorne

01 Apr 2019
What Do You Think?

Does Our Bias Against Federal Deficits Need Rethinking?

thinking. As Bowles puts it, “I’m confident many Americans will wonder why didn’t those old guys make some of these tough decisions 20 to 30 years ago.” Michael A. Peterson, president of the Peter G. Peterson Foundation, still believes the federal View Details

Keywords: by James Heskett

02 Jul 2013
First Look

First Look: July 2

http://ssrn.com/abstract=1982531 2006 pub How to Negotiate with VCs By: Malhotra, Deepak Abstract—VC-entrepreneur partnership agreements often contain flaws that become highly damaging as the parties come up against issues of power,... View Details

Keywords: Anna Secino

20 Jan 2009
Research & Ideas

Risky Business with Structured Finance

In the wake of the financial crisis, many once-esoteric investment terms have become a familiar part of our vocabulary. The role of structured finance securities such as collateralized debt obligations (CDOs), for example, and the part... View Details

Keywords: by Julia Hanna; Banking; Financial Services

31 Aug 2009
Research & Ideas

Why Competition May Not Improve Credit Rating Agencies

model has the obvious risk of generating pressure to be friendly toward issuers, especially issuers that generate a lot of ratings business (e.g., they have a lot of outstanding debt and issue many bonds).... View Details

Keywords: by Martha Lagace; Financial Services

11 Feb 2015
Research & Ideas

Politicians Benefited From Using Toxic Loans

their study on France, having gained access to two valuable data sets: The first contained the entire debt portfolio for most of the 300 largest French local governments as of December 31, 2007; and the second contained the loan-level... View Details

Keywords: by Carmen Nobel; Financial Services

11 Jul 2006
First Look

First Look: July 11, 2006

(foreign and domestic), its government, and private Argentine companies that had to do business in the post-renegotiation environment. The case also discusses the larger issue of how the international financial community should handle... View Details

Keywords: Sean Silverthorne

29 May 2008
Research & Ideas

Global Change in the Built Environment

materials for the first year MBA core curriculum and created three programs for executive education both here and off campus. What did your participants identify as some of the major trends or issues influencing the real estate... View Details

Keywords: by Arthur Segel; Construction; Real Estate

19 Mar 2007
Research & Ideas

Handicapping the Best Countries for Business

performance trends forward—perhaps three to five years. The USA must deal with these issues now if we're going to maintain our competitive advantage. Thus, for example, the U.S. has a huge current account deficit. No matter what happens... View Details

Keywords: by Sean Silverthorne

14 Jun 2004
Research & Ideas

The Big Money for Big Projects

debt, which means the loan repayments must come from project cash flows only. In municipally financed or public financed projects, a government entity is the borrower or the debt is backed by a government guarantee. In the case of the Big... View Details

Keywords: by Ann Cullen; Financial Services

24 Jun 2014
First Look

First Look: June 24

http://hbr.org/product/collective-genius-the-art-and-practice-of-leading-innovation/an/13296E-KND-ENG?referral=01240 August 2013 Harvard Business Law Review Sovereign Debt Restructuring: Evaluating the Impact of the Argentina Ruling By:... View Details

Keywords: Sean Silverthorne

02 Jul 2015
Op-Ed

The Future of the Greek Economy

debt and served as Minister of National Planning and Economic Policy in her native Costa Rica from 2010 to 2012. Europe Needs More Europe The game of brinkmanship that the latest Greek government has played with the Eurozone is at its... View Details

Keywords: by Laura Alfaro, Dante Roscini & George Serafeim; Banking

January 2005 (Revised December 2005)
Case

KAMCO and the Cross-Border Securitization of Korean Non-Performing Loans

Covers the first international nonperforming loan securitization done in Korea. The CEO of KAMCO is trying to dispose of a portfolio of nonperforming commercial loans that the organization acquired from a number of banks. A group of investment bankers have proposed... View Details

Keywords: Debt Securities; Decision Choices and Conditions; Capital Markets; Financing and Loans; Cross-Cultural and Cross-Border Issues; Financial Services Industry; South Korea

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