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    • Research  (358)
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  • All HBS Web  (510)
    • News  (108)
    • Research  (358)
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  • 30 Jan 2017
  • Research & Ideas

Vanguard, Trian And The Problem With 'Passive' Index Funds

On August 31, 2016, many investors celebrated the 40th birthday of one of the world’s most successful financial instruments: the mutual index fund, created by Vanguard founder John C. Bogle. Index funds, which automatically track an index of stocks such as the S&P... View Details
Keywords: by Michael Blanding; Financial Services
  • 10 Jul 2000
  • Research & Ideas

IT Links for Boundaryless Companies

information technology as being subject to fashion, but the same thing happens, the network effect. This is important when we start talking about B2B hubs." The third characteristic is differentiated products and prices. Most of the View Details
Keywords: by Kenneth Liss
  • 05 Jul 2011
  • First Look

First Look: July 5

perceived benefits from lowering transactions costs to foreign financial-statement users increase and contribute significantly towards the country's decision to adopt IFRS. We find that perceived network benefits increase the degree of... View Details
Keywords: Sean Silverthorne
  • 15 Feb 2017
  • Op-Ed

What Africa Can Teach the United States About Funding Infrastructure Projects

President Trump’s infrastructure plan and a counterproposal by Senate Democrats are rising toward the top of the national agenda. All agree that there is a pressing need to fix the collapsing bridges, potholed roads, crashing trains, and... View Details
Keywords: by John Macomber; Construction
  • 25 Sep 2018
  • First Look

New Research and Ideas, September 25, 2018

taxes on individual inventors and firms (the micro level) and on states over time (the macro level). We propose several identification strategies, all of which yield consistent results: i) OLS with fixed effects, including inventor and... View Details
Keywords: Dina Gerdeman
  • 01 Dec 2015
  • First Look

December 1, 2015

Statistics Survive Another Day: Using Changes in the Composition of Investments to Measure the Cost of Credit Constraints By: Garicano, Luis, and Claudia Steinwender Abstract—We introduce a novel empirical strategy to measure the size of... View Details
Keywords: Sean Silverthorne
  • 08 Sep 2003
  • Research & Ideas

A Bold Proposal for Investment Reform

out of the rut we're currently in, both the suppliers and those demanding information have to be willing to consider radical ideas in terms of reform. What radical measures should the investor community or those demanding information consider? Healy and Palepu: We... View Details
Keywords: by Ann Cullen; Financial Services
  • 23 Jan 2015
  • Research & Ideas

Oil Price Fallout: What Happens Next?

The last six years have proved just how fluid the international oil market is. And if recent support of the Keystone Pipeline by the U.S. House of Representatives and the Nebraska Supreme Court (which approved the pipeline's path through that state) are any indication,... View Details
Keywords: Re: Richard H.K. Vietor; Energy; Utilities
  • 05 Sep 2012
  • What Do You Think?

Will Business Management Save US Health Care?

Wittenberg put it, " management will never fix the health care system (it) can promote standardization and mass production (but) the actions of individual managers will have no effect on the overall system," one that as Barry... View Details
Keywords: by Jim Heskett; Health
  • 28 Jun 2004
  • Research & Ideas

Microfinance: A Way Out for the Poor

tread." All-in Cost The relevant measure for people struggling to build a microenterprise, be it selling onions, scrap metal, cell phones, or translation services, has to be the all-in cost of financing... View Details
Keywords: by Martha Lagace
  • 12 Jul 2006
  • Research & Ideas

Competition the Cure for Healthcare

with the wrong kind of competition, on the wrong things. Instead, we have a zero-sum competition to restrict services, assemble bargaining power, shift the cost to others, or grab more of the revenue versus other actors in the system.... View Details
Keywords: by Roger Thompson; Health
  • 08 Apr 2015
  • What Do You Think?

Are Technology Companies Ripe for Disruption?

trying to impress his/her peers and just confuses the customer." Mark Altobello offered an interesting theory: "We try to make the software so flexible to reduce the cost of future changes. But I think we therefore omit the idea... View Details
Keywords: by James Heskett; Computer; Technology
  • 19 Nov 2019
  • Op-Ed

Gender Bias Complaints against Apple Card Signal a Dark Side to Fintech

which was historically plagued by frictions, is becoming potentially more accurate, efficient, and cost effective. For small-business lending, technology is changing the game, providing access to capital for more small businesses that... View Details
Keywords: by Karen G. Mills; Financial Services
  • 06 Jun 2012
  • What Do You Think?

Is Something Wrong with the Way We Work?

Summing Up Fixing the Way We Work There is a lot wrong with the way we work, but very little of this is due to new networking capabilities or communications technology. Neither can we blame increasing globalization and the demands of... View Details
Keywords: by James Heskett; Consulting
  • 25 Jul 2011
  • Research & Ideas

How Disruptive Innovation is Remaking the University

That is no longer true, though, for any but a relative handful of institutions. Costs have risen to unprecedented heights, and new competitors are emerging. A disruptive technology, online learning, is at work in higher education,... View Details
Keywords: by Clayton M. Christensen & Henry J. Eyring; Education
  • 08 Jun 2011
  • Lessons from the Classroom

Twenty-first Century Skill: Trading Carbon Credits

reinforces the role of uncertain prices in a cap-and-trade mechanism," Coles says. "It contrasts with a simple command-and-control approach to regulation that specifies maximum pollution levels allowed by industry, or a carbon tax with a known View Details
Keywords: by Julia Hanna; Energy; Utilities
  • 06 Jan 2003
  • What Do You Think?

China: The Next Big Market Opportunity or the Next Big Bubble?

view raises questions of whether there will be an adequate supply of such talent. Will impatient Western managers eager to develop Chinese business opportunities delay initiatives until the right people can be found? How high is the cost... View Details
Keywords: by James Heskett
  • 05 Jun 2012
  • First Look

First Look: June 5

ability of a firm to transfer its capabilities across markets: no learning, local learning, and global learning. Three equilibrium strategies arise: accommodate, marginalize, and collocate. We identify how these strategies emerge depending on the tradeoff between the... View Details
Keywords: Sean Silverthorne
  • 27 Apr 2009
  • Research & Ideas

Building Businesses in Turbulent Times

crisis as a disrupter to the status quo and look for areas of pain. In fact, cost cutting and restructuring are simply the first steps in repositioning and leading your company and industry through the crisis and in defining how business... View Details
Keywords: by Staff
  • 18 Oct 2004
  • Research & Ideas

The Bias of Wall Street Analysts

the commissions. After deregulation of rates in 1975, commission rates predictably dropped, and the brokerages were left with a fixed cost of sell-side analyst operations and a shortfall in revenues to fund... View Details
Keywords: by Ann Cullen; Financial Services
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