Recovery - Publications - Faculty & Research

02 Sep 2013
Research & Ideas

The Curse of Double-Digit Growth

Leone, which was also founded by repatriated North American freed slaves. Both countries have a small population and have suffered overlapping conflicts. "They're siblings as far as nations go, and their paths to recovery are likely... View Details

Keywords: by Kim Girard

15 Aug 2024
Op-Ed

Post-CrowdStrike, Six Questions to Test Your Company's Operational Resilience

team. They will be responsible for designing and maintaining the business continuity and disaster recovery management plan, ensuring a robust and effective response to potential disasters. Process: Maintaining the plan iteratively and... View Details

Keywords: by Hise Gibson and Anita Lynch

05 Aug 2024
Research & Ideas

Watching for the Next Economic Downturn? Follow Corporate Debt

probability of a crisis within the next three years. “Once the bank balance sheet is handicapped, all kinds of other consequences come out.” An ensuing recovery can take longer to develop once a financial crisis abates if commercial... View Details

Keywords: by Rachel Layne

01 Apr 2015
Research & Ideas

The Slow, Steady Battle to Fix Cancer Care

patient outcomes poses particular challenges, in part because "outcome" is a surprisingly nebulous concept. The Value-Based Health Care model divides outcome into a tiered hierarchy: health status achieved (e.g., survival), process of View Details

Keywords: by Carmen Nobel; Health

03 Mar 2010
What Do You Think?

To What Degree Does “Identity” Affect Economic Performance?

"identity"? Does this require yet one more intrusion by government into the private sector? In fact, is it even achievable in countries like the U.S. at this late date? Will such efforts result in the same slow responses to an economic crisis and sluggish... View Details

Keywords: by Jim Heskett

12 Feb 2007
Lessons from the Classroom

‘UpTick’ Brings Wall Street Pressure to Students

minute—and the decision of whether to ride it out and hope for a recovery or to blink and 'puke their position' (pardon the phrase but it's how actual traders describe it)—to be an extremely harrowing experience," says professor... View Details

Keywords: by Julia Hanna; Financial Services; Education

16 Feb 2012
Op-Ed

Nitin Nohria: Why US Competitiveness Matters

that predates and goes well beyond the recent economic downturn. It won't go away when an economic recovery occurs; in fact, absent systemic effort, it may get worse. The second is that the multidisciplinary approach of the experts we've... View Details

Keywords: by Nitin Nohria

17 Nov 2008
Research & Ideas

Decoding the Artful Sidestep

candidates whether they supported the economic recovery plan. Neither gave him a direct response, so after several minutes of candidate "answers" he followed up with, "All right, let's go back to my question." Q: What... View Details

Keywords: by Martha Lagace

04 Aug 2014
Op-Ed

Why Small-Business Lending Is Not Recovering

and residential real estate, which represent two-thirds of the assets of small-business owners and are often used as collateral for small-business loans, were decimated during the financial crisis. On the supply side, banks remain more risk averse in the View Details

Keywords: by Karen Mills; Banking; Financial Services

20 Jan 2009
Research & Ideas

Risky Business with Structured Finance

securities are pooled and tranched. Their simulation uses pools consisting of 100 bonds with a five-year default probability of 5 percent and a recovery rate of 50 percent of face value conditional on default. Within each pool, the... View Details

Keywords: by Julia Hanna; Banking; Financial Services

10 Aug 2020
Research & Ideas

COVID's Surprising Toll on Careers of Women Scientists

reopening plans of institutions,” they write. Leadership could consider childcare infrastructure at each university or institution when crafting reopening plans, both as the pandemic drags on and well into the recovery period, Myers and... View Details

Keywords: by Rachel Layne; Pharmaceutical; Biotechnology; Health

27 Apr 2021
Research & Ideas

New Research: Surviving Bankruptcy, Useful Economics, and Retirement

of dollars every year. I estimate that liquidation is frequently chosen when a reorganization would have maximized total creditor recovery. I estimate that courts could dramatically improve creditor recovery by assigning liquidations... View Details

25 Aug 2003
Research & Ideas

Studying Japan from the Inside

deep financial distress and had no choice but seek a foreign partner. Ghosn, who had never worked in Japan but had extensive experiences in other parts of the world, motivated the middle management at Nissan and transformed the culture of the company, leading to the... View Details

Keywords: by Cynthia Churchwell

20 Jan 2015
First Look

First Look: January 20

show that overall creditor recovery rates are higher, and unsecured creditor recoveries and post-bankruptcy survival rates are not different when bankrupt firms sell businesses as going concerns. Download... View Details

Keywords: Sean Silverthorne

24 Jul 2013
Op-Ed

Detroit Files for Bankruptcy: HBS Faculty Weigh In

Pittsburgh had a second act (or third, counting the city's reversal from untenable air and water pollution levels in the 1940s). Pittsburgh's recovery offers a potential model for Detroit. It went on to become a technology hub, anchored... View Details

Keywords: by John Macomber, Robert C. Pozen, Eric D. Werker & Benjamin Kennedy; Auto

23 Jun 2016
Op-Ed

Brexit: Should Britain Stay or Go?

Much has been written about the distressing consequences of an exit, both for the UK and Europe. Such an outcome would be contrary to economic and historical common sense, would further damage a barely nascent economic recovery on this... View Details

Keywords: by Geoffrey G. Jones & Dante Roscini

12 Nov 2001
Research & Ideas

Facing the New World Order

the technologies that are developed in the high-income countries. While this is a bad year for the technology sector, we're putting our bets squarely on the recovery of the technology sector over the medium term and that sector continuing... View Details

Keywords: by Staff

18 Nov 2010
Research & Ideas

GM’s IPO: Back to the Future

and the US auto industry are on their way to recovery and that the IPO symbolizes the beginning of a new stage in the life of GM, whose sales figures have recently shown improvement. Vineet Kumar, Assistant Professor of Business... View Details

Keywords: by Staff; Auto

02 Feb 2012
Op-Ed

Once a Castle, Home is Now a Debtors’ Prison

market: people offered jobs far afield stay put, reluctant (and unable) to leave their underwater homes. Since the recovery of the housing market will undergird any broader recovery, we must address these debtors' prisons. Novel Solutions... View Details

Keywords: by Nicolas P. Retsinas; Financial Services; Construction; Real Estate

09 Jul 2001
Research & Ideas

Does Misery Love Companies? How Social Performance Pays Off

Recovery Act of 1981, Congress increased (from 5% to 10%) the allowable corporate tax deduction for charitable contributions (Mills & Gardner, 1984). And even as a majority of states were adopting "other constituency... View Details

Keywords: by Joshua D. Margolis & James P. Walsh

Publications