Publications

August 2005 (Revised September 2006)
Case

The NFL

By: John R. Wells and Travis Haglock

From 10-cent tickets to $17 billion television contracts, examines how a game became a multibillion dollar industry. Looks at the birth and growth of the NFL, how the NFL responded to competitive challenges, how the NFL maximized revenues, revenue sharing, the salary... View Details

Keywords: Business Growth and Maturation; Groups and Teams; Sports; Corporate Finance; Sports Industry; United States

June 2001 (Revised August 2003)
Case

Home Depot, Inc. in the New Millennium

By: Krishna G. Palepu and Jeremy Cott

After nearly two decades of spectacular performance, Home Depot reported a disappointing performance in the year 2000. The company began expanding its business scope as a result of saturating its growth in the core business. This case explores whether the disappointing... View Details

Keywords: Growth Management; Expansion; Valuation; Performance; Business Strategy; Corporate Finance; Retail Industry

2023
Working Paper

Flow-Driven ESG Returns

By: Philippe van der Beck

I show that the recent returns to ESG investing are strongly driven by price impact from flows towards ESG funds. Using data on institutional trades, I estimate the market’s ability to accommodate the demand of ESG funds, which is given by the elasticity of... View Details

Keywords: Investment Funds; Corporate Social Responsibility and Impact; Financial Markets; Investment Return

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06 May 2019
News

Startup Talk in Chicago

in which the best ideas are able to flourish.” Behind the Scenes at American Airlines Alumni and guests from the HBS Club of Dallas (HBSCD) and the Harvard Business School Publishing Corporate Learning Partners were treated to a business... View Details

Keywords: Margie Kelley; Pritzker; Air Transportation; Transportation

November 1989 (Revised March 2000)
Case

Wisconsin Central Ltd. Railroad and Berkshire Partners (A): Leveraged Buyouts and Financial Distress

By: Michael C. Jensen, Willy Burkhardt and Brian Barry

Wisconsin Central Ltd. is a regional railroad formed in a leveraged buyout, which is currently in default on its loan covenants. The case uses this situation to examine the financial structure of a typical LBO association and its internal control mechanisms and... View Details

Keywords: Financial Management; Governing and Advisory Boards; Leveraged Buyouts; Financial Condition; Financing and Loans; Corporate Finance; Rail Industry

01 Jun 2025
News

Alumni Achievement Awards 2025

stunned by the ratio of men to women when I arrived.” Road less traveled: “Most of my roles divide into finance and management, although my career path has not been a traditional one. The common thread is that I like a challenge. And I... View Details

Keywords: leadership; Alumni Achievement Awards

April 2004
Case

Case Vignette: The Salesman Saga

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

A venture capitalist faces a situation in which a struggling portfolio company has found a promising vice president of sales through a recruitment agency. The candidate would be an excellent fit for another one of the investor's companies--one that is doing much... View Details

Keywords: Salesforce Management; Corporate Governance; Venture Capital; Ethics; Recruitment

November 2001 (Revised February 2010)
Case

Intel Corporation: 1997-2000

By: Ramon Casadesus-Masanell and Michael G. Rukstad

Describes Intel's diversification strategy initiated in 1998 by CEO Craig Barrett. Initially, Barrett's strategy worked well, as market value reached $510 billion in September 2000. Just three months later, however, investor pessimism over a slowing economy and recent... View Details

Keywords: Economic Slowdown and Stagnation; Investment; Corporate Strategy; Diversification; Valuation; Technology Industry

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Winter 2013
Article

Fear of Rejection? Tiered Certification and Transparency

By: Emmanuel Farhi, Josh Lerner and Jean Tirole

The sub-prime crisis has shone a harsh spotlight on the practices of securities underwriters, which provided too many complex securities that proved to ultimately have little value. This uproar calls attention to the fact that the literature on intermediaries has... View Details

Keywords: Debt Securities; Corporate Disclosure; Corporate Governance

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16 Feb 2022
News

Holding Business to Account

returns but who also use the unique access and voice we have as investors to engage management and redirect corporate efforts toward long-term sustainability.” The firm has been active in encouraging companies to be leaders on issues from... View Details

02 Sep 2014
First Look

First Look: September 2

consumer behavior. Publisher's link: http://ezp-prod1.hul.harvard.edu/login?url=http://dx.doi.org/10.1007/s11002-014-9306-1?nosfx=y Working Papers The Consequences of Mandatory Corporate Sustainability Reporting: Evidence from Four... View Details

Keywords: Sean Silverthorne

07 Nov 2014
News

In partnership to support a mission

Meredith Jenkins (MBA 1999) serves as vice president and cochief investment officer of Carnegie Corporation of New York, the foundation established by Andrew Carnegie in 1911. With business partner Kim Lew (MBA 1992), she manages $3.2... View Details

September 2016
Supplement

Financial Services at Falabella (B)

By: C. Fritz Foley and Agustin M. Hurtado

Supplements the (A) case and provides an update describing choices Falabella made. View Details

Keywords: Consumer Credit; Financial Management; Corporate Strategy; Credit; Financial Institutions; Financial Services Industry

18 Nov 2010
Research & Ideas

GM’s IPO: Back to the Future

solicitation of interest from sovereign wealth funds alongside traditional buyers. IPOs require a leap of faith from investors who have to bet on a new company. The new GM wants to be just that, a corporation intent on presenting itself... View Details

Keywords: by Staff; Auto

June 2020 (Revised February 2021)
Case

Accounting for Leases at American Airlines (A)

By: Jonas Heese, Gerardo Pérez Cavazos and Julia Kelley

In March 2020, as coronavirus reduced demand for air travel, an analyst was forecasting American Airlines’ (American’s) first quarter financial results. To develop a forecast, she needed to familiarize herself with Accounting Standards Update (ASU) 2016-02, “Leases... View Details

Keywords: Accounting; Financial Reporting; Financial Statements; Finance; Governance; Corporate Accountability; Corporate Governance; Governing Rules, Regulations, and Reforms; Governing and Advisory Boards; Leasing; Accounting Industry; Air Transportation Industry; North and Central America; United States