Foreign Exchange Intervention - Publications - Faculty & Research

01 Dec 2012
News

Sunny's MBA

In 1986, as a 26-year-old with a degree in agricultural management and little business experience, Sunny Verghese (AMP 115, 1994) was newly employed by a venerable Indian conglomerate to oversee a textile mill in Nigeria. A foreign View Details

Keywords: Crop Production; Agriculture; Apparel Manufacturing; Manufacturing

01 Dec 2015
News

Faculty Q&A: The Price Is Right

generally guided by one of two types of norms-exchange norms and communal norms. In exchange norms, benefits are conferred to the partner with an expectation of timely reciprocation. Benefits in communal norms, on the other hand, are... View Details

Keywords: Julia Hanna

19 Jun 2007
First Look

First Look: June 19, 2007

Harvard Business School Note 706-044 Describes the emergence of several kinds of efforts to assure the safety of foreign investment in emerging markets: international arbitration, expanded official political risk insurance, credit from... View Details

Keywords: Martha Lagace

13 May 2013
Blog Post

Leveraging the HBS platform to enter social enterprise

spending virtually all of undergrad involved in the public sector, I decided to try something totally different after my graduation in 2011. So, I moved to New York City and began working in Foreign Exchange... View Details

Keywords: Nonprofit / Government

03 Apr 2006
Research & Ideas

The Competitive Advantage of Global Finance

of these firms face various issues—including management of exchange rate risk, how to structure their internal capital markets, how to do capital budgeting worldwide, and how to respond to varying regulatory and tax incentives. The book... View Details

Keywords: by Sean Silverthorne; Financial Services

24 Feb 2022
Blog Post

African American Student Union Spotlight on the Public Sector

power of the private sector. Business is uniquely effective at scaling sustainable solutions. Ensuring that existing businesses led our interventions enabled us to avoid the all-too-common pitfall in foreign... View Details

01 Dec 2000
News

Latin America's Decade

Argentina to run a foreign exchange house owned by his family. Citing the organizational challenge posed by the long-standing Latin tradition of family-owned businesses, he emphasizes the importance of... View Details

Keywords: Garry Emmons and Julia Hanna; Latin America; research; infrastructure; Hospitality; Securities, Commodities, and Other Financial Investments; Finance; Management, Scientific, and Technical Consulting Services; Professional Services

01 Sep 2012
News

Expertise From The Front Lines Of The Eurozone

when they graduate,” says Roscini. “If they go into international business, they will need to ask: Do I go in this market or not? How do I navigate political, eco-nomic, or regulatory risk? How do I think about foreign View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services; Funds, Trusts, and Other Financial Vehicles; Finance

01 Jun 2011
News

Alumni Books

Alchemists of Loss: How Modern Finance and Government Intervention Crashed the Financial System by Kevin Dowd and Martin Hutchinson (MBA ’73) (Wiley) The authors discuss modern finance as a U.S. invention, the theories and practices... View Details

Keywords: Finance; Monetary Authorities-Central Bank; Finance; National Security and International Affairs; Government

30 Jul 2013
First Look

First Look: July 30

would continue hedging primarily with forward contracts, but in much higher volumes and at increasingly unfavorable rates, or to break with past practice and begin using foreign exchange option contracts.... View Details

Keywords: Anna Secino

01 Nov 1999
Research & Ideas

Companies, Cultures and the Transformation to the Transnational

Japanese managers in foreign locations engaged in nemawashi and ringi by intensive telephone contact and frequent exchanges of visits between headquarters in Japan and the overseas units. View Details

Keywords: by Christopher A. Bartlett & Sumantra Ghoshal

Profile

Kayode Ogunro

power of private enterprise to bring positive change to Africa. "VCPE seemed like a pretty efficient way to finance growth," says Kayode. An e-mail exchange with Professor Lerner evolved into a guided thesis project on View Details

19 Mar 2007
Research & Ideas

Handicapping the Best Countries for Business

should government strategy matter to business people? It seems many executives, particularly Americans, believe government is incompetent. Richard Vietor: Business people care in several ways—macroeconomic, microeconomic, and foreign... View Details

Keywords: by Sean Silverthorne

21 Nov 2006
First Look

First Look: November 21, 2006

multinational firms hold cash in their foreign subsidiaries because of the tax costs associated with repatriating foreign income. Consistent with this hypothesis, firms that face higher repatriation tax... View Details

Keywords: Sean Silverthorne

14 Apr 2022
Blog Post

Trust the Process, and Trust Yourself Even More: Interview with Wellness and Empowerment Leader, Dilan Gomih (MBA 2019)

her comfort zone, going straight from her Political Science undergraduate degree to Wall Street. When she accepted the Foreign Exchange Sales Analyst role at Bank of America, Gomih’s friends and family were... View Details

01 Jun 2000
News

Going Public: Herman I. Safin

was one of only fifteen or so foreign students on campus," he recalls, "and as an exchange student, it was initially hard for me to feel at home at this southern, conservative institution." Remarkably, Safin... View Details

Keywords: Amy E. Dean

02 May 2017
First Look

First Look at New Research: May 2, 2017

banks use their global balance sheets to respond to local monetary policy. However, sources and uses of funds are often denominated in different currencies. This leads to a foreign exchange (FX) exposure... View Details

Keywords: Carmen Nobel

25 Feb 2002
Research & Ideas

MNCs in Asia: Investing in the Future

said Howson, who focuses on mergers and acquisitions, project finance, and capital markets in his firm's Beijing office. The creation of domestic capital markets, increasing access to foreign capital, legal changes in corporate... View Details

Keywords: by Julia Hanna

03 Mar 2008
First Look

First Look: March 4, 2008

help improve saving and financial decision-making, but much more can be done to improve the effectiveness of these programs. Download the paper from SSRN.com ($5): http://papers.nber.org/papers/w13824 Contract Rights and Risk Aversion: View Details