Publications

January 2021
Case

Rio Tinto Aluminum: Can Purpose Lead to Profit?

By: David Fubini and Agastya Muthanna

This case describes the tradeoffs Rio Tinto faces as it considers investments to ensure environmentally friendly, sustainability produced aluminum with the potential risks of competitive pricing and profit loses. View Details

Keywords: Environmental Sustainability; Investment; Price; Competition; Profit; Cost vs Benefits; Mining Industry

October 2001 (Revised March 2003)
Case

Exxel Group, The: March 2001

By: Josh Lerner and Alberto Ballve

The Exxel Group, a leading Latin American buyout fund, faces a challenge when deciding whether and how to exit its largest investment. The capital markets are very weak, precluding an initial public offering. Undertaking a trade sale of the firm, however, proves to be... View Details

Keywords: Venture Capital; Private Equity; Leveraged Buyouts; Capital Markets; Investment Funds; Financial Strategy; Financial Services Industry; Latin America

30 Sep 2015
News

Looking to Rwanda’s Future

investing where the country has a natural competitive advantage,” Goldstein explains. That strategy has led to significant advances in areas such as tourism, coffee and tea production, and incubators and maker spaces for start-up... View Details

21 Jan 2009
First Look

First Look: January 21, 2009

sentiment. One explanation for this discrepancy is that consumers are motivated to use moral disengagement strategies to reduce cognitive dissonance when their desire for a product conflicts with their moral standards. In two studies we... View Details

Keywords: Martha Lagace

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

Web

Climate Symposium 2024: Confronting Reality, Celebrating Innovation - Blog - Business & Environment

Blog Blog Filter Results Arrow Down Arrow Up Read posts from Author Alumni Author HBS Faculty Author HBS Staff Author Staff Author Students Topics Topics Accelerating Climate Solutions Conference 2023 Alumni Alumni Programs Alumni in Climate Networking Series Business... View Details

15 Jan 2019
First Look

New Research and Ideas, January 15, 2019

transform traditional industries such as banking, real estate, and healthcare. More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs... View Details

Keywords: Dina Gerdeman

01 Feb 1997
News

Made, Not Born: HBS Courses and Entrepreneurial Management

more you try to dictate, the harder it is to inspire creative work." Entrepreneurial Finance Since 1985, when the Entrepreneurial Finance elective was first introduced by William Sahlman, Dimitri V.... View Details

07 Dec 2016
HBS Case

Why Millennials Flock to Fintech for Personal Investing

the responsibility elsewhere so they have more time for their passions, whether that’s their careers, hobbies, or travel. Despite the big differences in operations, the investment strategy Wealthfront pursues is not dissimilar from a... View Details

Keywords: by Michael Blanding; Financial Services

01 Dec 2001
News

Steven Rogers

received numerous awards for teaching at Northwestern University's Kellogg School of Management. Since 1995, Rogers has combined his firsthand business experience and solid academic foundation with his gift for pedagogy to make his Entrepreneurial View Details

Keywords: Young, Susan; Colleges, Universities, and Professional Schools; Educational Services; Retail Trade

01 Sep 2009
News

Alumni Books

An easy-to-use glossary and over sixty charts and diagrams define and illustrate complex financial terms and concepts. The Guru Investor: How to Beat the Market Using History’s Best Investment Strategies by John P. Reese (MBA ’79) with... View Details

22 Aug 2016
News

The Future of GE

advances in data collection and analysis to, for example, improve jet engine performance and fuel efficiency. “Everybody who joins G.E. is going to learn to code,” Immelt said. “We hire 4,000 to 5,000 college grads every year, and whether they join in View Details

06 Dec 2021
News

Vision: Sound Science

on one model of success. Technology and financing landscapes change constantly, and you have to adapt.” Biotech ventures have what Simons refers to as “many potential failure modes,” and raising capital can be tough. Akouos netted $224... View Details

Keywords: Deb Blagg

Web

Community | Research Associates

Organizational Behavior Columbia Business School Management; Marketing Cornell University Statistics Fuqua School of Business (Duke University) Finance Harvard Business School and Harvard University Accounting & Management; Economics;... View Details

September 1992 (Revised September 1993)
Case

Cleveland-Cliffs, Inc.

By: Jay O. Light

A New York-based money manager owns a sizable percentage of the common shares of Cleveland-Cliffs, a U.S. iron ore producer. The money manager would prefer that Cliffs pay out or otherwise return $100 million of "excess cash" to the shareholders. The management resists... View Details

Keywords: Asset Management; Financial Strategy; Mining; Business and Shareholder Relations; Financial Services Industry

Find at Harvard

August 2018
Case

Enfoca: Private Equity in Peru

By: Victoria Ivashina and Jeffrey Boyar

This case follows Enfoca, Peru’s largest local private equity firm and its portfolio company Maestro, a leading player in Peru’s hardware retail market. Peru’s GDP growth between 2008 and 2014 was the highest of any Latin American country. Growth of the Peruvian middle... View Details

Keywords: Private Equity; Emerging Markets; Capital Markets; Transition; Strategy; Peru

2010
Working Paper

Competing Complements

By: Ramon Casadesus-Masanell, Barry Nalebuff and David B. Yoffie

In Cournot's model of complements, the producers of A and B are both monopolists. This paper extends Cournot's model to allow for competition between complements on one side of the market. Consider two complements, A and B, where the A + B bundle is valuable only when... View Details

Keywords: Profit; Revenue; Monopoly; Game Theory; Competition