Publications

October 2022 (Revised January 2025)
Case

Founders First Capital Partners: An Approach to Capital Access Equity

By: Brian Trelstad, Mel Martin and Amy Klopfenstein

In June 2021, Kim T. Folsom, the founder and CEO of revenue-based financing firm Founders First Capital Partners (FFCP), must decide whether to issue another loan to OnShore Technology Group, an up-and-coming software validation company. FFCP provided revenue-based... View Details

Keywords: Finance; Financial Instruments; Financing and Loans; Interest Rates; Investment Return; Revenue; Capital; Financial Services Industry; North and Central America; United States

August 2010 (Revised November 2010)
Supplement

Cosmeticos de Espana, S.A. (C)

By: David F. Hawkins

The third case in the Cosmeticos de Espana case series. What should management's accounting response be to a further devaluation of the Bolivar? View Details

Keywords: Financial Statements; Decision Choices and Conditions; Inflation and Deflation; Currency Exchange Rate; Beauty and Cosmetics Industry; Spain; Venezuela

Fast Answer

Sustainable investing and ESG resources

Responsible-Investor
News service reporting on responsible investment, ESG (environmental, social, and governance), and sustainable finance. Includes news and analysis targeted to the global institutional investor community. View Details

1994
Other Unpublished Work

Interest Allocation Rules and the Changing Cost of Debt Finance

By: K. A. Froot and J. Hines

Keywords: Corporation Taxation; Interest Deductibility; Cost of Capital; Taxation; Interest Rates; Borrowing and Debt; Corporate Finance

25 Jan 2012
News

Is Tax Reform Viable?

write to the government, and that started me thinking about America’s tax policy. Specifically, I recalled Warren Buffett’s observation that his secretary paid a higher tax rate than he did and that it was hard for him to justify that... View Details

Keywords: Administration of Economic Programs; Government

17 Mar 2021
Research & Ideas

Beyond Pajamas: Sizing Up the Pandemic Shopper

their loyalty patterns by looking at the repeat purchase rate of these new customers compared with those of existing users. To do that, we calculated the portion of consumers who bought again within 60 days of their first purchase. We... View Details

Keywords: by Ayelet Israeli, Eva Ascarza, and Laura Castrillo; Retail

2009
Case

Blaine Kitchenware, Inc.: Capital Structure: Brief Case No. 4040.

By: Timothy A. Luehrman and Joel L. Heilprin

A diversified mid-sized manufacturer of kitchen tools contemplates a stock repurchase in response to an unsolicited takeover. The company must analyze its debt capacity and optimal capital structure,while considering associated changes in firm value and stock price.... View Details

Keywords: Capital Structure; Financial Strategy; Interest Rates; Taxation; Stocks; Consumer Products Industry

Web

Domestic Students | MBA

Stafford Loans and Graduate PLUS Loans: Unsubsidized Stafford Loans Available to qualified students who are U.S. Citizens or U.S. Permanent Residents. They carry a fixed interest rate and a maximum loan amount of $20,500. Graduate PLUS... View Details

Fast Answer

S&P RatingsDirect

What information is available in S&P RatingsDirect? RatingsDirect includes S&P credit ratings and detailed reports explaining credit recommendations. For older research see the S&P View Details

01 Sep 2016
News

Research Brief: Cultivating Creativity through Competition

freelance designers submit potential logos, and companies pay a few hundred dollars for the logo they like best. Throughout the process, designers receive one- to five-star ratings from the clients on their work, and iterate on their... View Details

Keywords: Erin Peterson

1995
Chapter

Securities Transaction Taxes: What about International Experiences Migrating Markets?

By: John Y. Campbell and Kenneth A. Froot

Keywords: Corporation Taxation; Interest Deductibility; Cost of Capital; Taxation; Financing and Loans; Interest Rates; Corporate Finance

September 2012 (Revised July 2013)
Case

Can the Eurozone Survive?

By: Dante Roscini and Jonathan Schlefer

The sovereign debt crisis that took Greece by storm in 2010 began to spread to other European markets. Within a few months Ireland and Portugal had also lost access to the sovereign debt markets and had to rely on supranational loans for their financing. The risk of... View Details

Keywords: Sovereign Debt Crisis; Currency Areas; Financial Crisis; Borrowing and Debt; Currency Exchange Rate; International Relations; Banking Industry; European Union; Germany; France; Italy; Spain; Greece; Portugal

September 2008
Case

Samoa Tala

By: Joshua D. Coval, Bhagwan Chowdhry and Konark Saxena

This case examines currency risks faced by Microfinance Institutions, and evaluates strategies to hedge them in countries with pegged currency regimes and no derivatives markets. An MFI based in Western Samoa borrows in different currencies like the US dollar and the... View Details

Keywords: Cash Flow; Currency Exchange Rate; Microfinance; Risk and Uncertainty; Financial Services Industry; Samoa

Web

Annual Cost of Attendance | MBA

Expenses $15,364 ($1,707/mo) Computer [Variable; not included Total] [$1,500] Total: $178,514 Notes: Single Housing cost is based on average area market rate for a 2 bedroom apartment with a roommate. Married Housing cost is based on... View Details

Web

Choosing the Right Student Loan | MBA

Direct Graduate PLUS Loan. Both of these loans have fixed interest rates and several repayment options. While the maximum you can borrow in Unsubsidized Loan funds is $20,500, you may borrow up to the Cost of Attendance in Graduate PLUS... View Details

01 Dec 2005
News

Trillion-Dollar Fixer-Upper

well-heeled clients. Savings and loans, desperate for high returns, made risky loans a business staple. And the Japanese, buoyed by a strong economy and low interest rates at home, swept in to buy up trophy properties at almost any asking... View Details

Keywords: Roger Thompson; Real Estate

January 1995 (Revised May 1997)
Case

Syscom Computers

By: Kenneth A. Froot, Peter Tufano and Chris L Marshall

Discusses a company deciding what it should do to manage its worldwide hedging operations. View Details

Keywords: Decisions; Currency Exchange Rate; Information Management; Management Practices and Processes; Risk Management; Operations

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January 1994
Exercise

Walt Disney Company's Sleeping Beauty Bonds

By: Carliss Y. Baldwin

Walt Disney Co. issues a 100-year bond. This case describes the terms of the bond and immediate capital market reaction. View Details

Keywords: Capital Markets; Cash Flow; Debt Securities; Bonds; Interest Rates; Value

August 2010 (Revised February 2012)
Supplement

Cosmeticos de Espana, S.A. (D)

By: David F. Hawkins

The fourth case in the Cosmeticos de Espana case series. What should management's accounting response be to the imposition of foreign currency controls? View Details

Keywords: Financial Statements; Decision Choices and Conditions; Inflation and Deflation; Currency Exchange Rate; Governance Controls; Beauty and Cosmetics Industry; Spain; Venezuela