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  • June 1991 (Revised December 1997)
  • Case

Takeover of the Norton Co., The

By: Thomas R. Piper
After a decade of mediocre performance, the Norton Co. enters 1990 with the prospect of increased sales in the next few years. Yet Norton is pursuing slow growth industries, and a lower than expected earnings announcement at the beginning of 1990 has depressed earnings... View Details
Keywords: Mergers and Acquisitions; Business Conglomerates; Goals and Objectives; Forecasting and Prediction; Performance Evaluation; Revenue; Bids and Bidding; Business Processes; Ownership Stake
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Piper, Thomas R. "Takeover of the Norton Co., The ." Harvard Business School Case 291-002, June 1991. (Revised December 1997.)
  • 2012
  • Working Paper

Issuer Quality and Corporate Bond Returns

By: Robin Greenwood and Samuel G. Hanson
We show that the credit quality of corporate debt issuers deteriorates during credit booms, and that this deterioration forecasts low excess returns to corporate bondholders. The key insight is that changes in the pricing of credit risk disproportionately affect the... View Details
Keywords: Price; Credit; Risk and Uncertainty; Investment Return; Forecasting and Prediction; Bonds; Market Design; Cost of Capital; Mathematical Methods; System Shocks
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Greenwood, Robin, and Samuel G. Hanson. "Issuer Quality and Corporate Bond Returns." Harvard Business School Working Paper, No. 11-065, January 2011. (Revised September 2012, Internet Appendix Here.)
  • 26 Oct 2010
  • First Look

First Look: October 26, 2010

in payout taxes, we show that this prediction holds well. Payout taxes have a large impact on the dynamics of corporate investment and growth. Investment is "locked in" to profitable firms when payout is heavily taxed. Thus,... View Details
Keywords: Sean Silverthorne
  • 05 May 2022
  • News

Like-Minded

anyone access to content; US-based Jupiter, the leading provider of predictive data and analytics for climate risk and resilience; and Unifa, which provides AI technology that helps childcare providers track intellectual growth among... View Details
  • 25 Jul 2017
  • First Look

First Look at New Research and Ideas: July 25, 2017

cast may deviate dramatically from pure QV predictions because of the complex and refined nature of equilibrium play. Most plausibly, voting behavior and outcomes would be determined predominately by social and psychological forces, would... View Details
Keywords: Carmen Nobel
  • 19 Jul 2016
  • First Look

July 19, 2016

might be appropriate to redesign (“refactor”) a system, to reduce what has been called “architectural debt.” Unfortunately, we lack robust data by which to evaluate the relationship between architectural design choices and system maintenance costs, and hence to View Details
Keywords: Sean Silverthorne
  • 05 Aug 2014
  • First Look

First Look: August 5

between the firm and an outside investor. A common assumption in the signaling game literature is that beliefs among the participants in the game are refined using the Intuitive Criterion refinement. Our experimental results provide evidence that the View Details
Keywords: Sean Silverthorne
  • 04 May 2010
  • First Look

First Look: May 4

organs faces widespread disapproval. We survey a representative sample of Americans to assess disapproval for several forms of kidney markets and to understand why individuals disapprove by identifying factors that predict disapproval,... View Details
Keywords: Martha Lagace
  • 01 Dec 2020
  • News

AI Enhances Diagnostic Care

human intelligence rather than replaces it. AI—and its subsets of machine learning and deep learning—has been transformative in the field of radiology, propelling it light years beyond Röntgen’s first X-ray image of his wife’s hand. It enables pattern recognition, data... View Details
Keywords: Jennifer Gillespie
  • 12 Feb 2025
  • Blog Post

How risk can be the key to a sustainable future with Sophie Levin (MS/MBA: Engineering Sciences 2022)

excited about? Having lived in many cities, I find myself drawn to the built environment. Not only are we upgrading our current cities, but we’re building new cities to accommodate a changing global population. The UN predicts the world's... View Details
  • July – August 2011
  • Article

What Factors Drive Analyst Forecasts?

By: Boris Groysberg, Paul Healy, Nitin Nohria and George Serafeim
A firm's competitive environment, its strategic choices, and its internal capabilities are considered important determinants of its future performance. Yet there is little evidence on whether analysts' forecasts of firm performance actually reflect any of these factors... View Details
Keywords: Competition; Forecasting and Prediction; Industry Growth; Judgments; Performance; Valuation; Price; Quality; Innovation and Invention; Organizational Culture; Competency and Skills; Surveys
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Groysberg, Boris, Paul Healy, Nitin Nohria, and George Serafeim. "What Factors Drive Analyst Forecasts?" Financial Analysts Journal 67, no. 4 (July–August 2011).
  • 10 Aug 2016
  • Research & Ideas

Prospective Students Steer Clear of Schools Rocked by Scandal

says Luca. He also hopes the research will be helpful for college-bound students. “College choice is a fascinating behavioral economics puzzle, and this is one piece,” he says. “Despite the fact that the school will predictably get safer... View Details
Keywords: by Dina Gerdeman; Education
  • 09 Mar 2009
  • Research & Ideas

How to Revive Health-Care Innovation

iteration to resolve into a problem that can be addressed in a predictable, rules-based way. Diagnostic abilities are the technological enablers of disruption in health care. Precise definition of the problem, in this and in every industry, is a prerequisite to the... View Details
Keywords: by Clayton M. Christensen, Jerome H. Grossman, M.D. M.D. & Jason Hwang; Health
  • 15 Apr 2002
  • Research & Ideas

In the Virtual Dressing Room Returns Are A Real Problem

brands, styles, and sizes. Still others are using two- or three-dimensional models to help consumers predict product fit. A firm called TheRightSize recently announced technology called "The Rosetta Stone of Fit" to reduce the... View Details
Keywords: by Jan Hammond & Kristin Kohler; Apparel & Accessories; Fashion; Consumer Products; Manufacturing; Retail
  • 14 Nov 2012
  • Research & Ideas

New Agenda for Corporate Accountability Reporting

reporting is simply common sense, says Ramanna. After all, for the past 30 years accounting scholars have put a lot of effort into building a rigorous set of frameworks and hypotheses to explain and predict financial reporting practice.... View Details
Keywords: by Martha Lagace; Accounting; Energy; Utilities
  • 20 Aug 2014
  • News

With No Time to Lose

Prize4Life awarded the DREAM-Phil Bowen ALS Prediction Prize4Life, which sought to identify a method for discerning whether an ALS patient has a rapidly progressing form of the disease or a more delayed-progression form. The challenge... View Details
Keywords: Margie Kelley
  • 01 Dec 2004
  • News

A Life by Design

model for the future?” she asks. Hanging on her office wall is a poster that reads: “The Best Way to Predict the Future Is to Invent It.” That’s exactly what Ivy Ross intends to do. View Details
Keywords: Roger Thompson; toys; Amusement, Gambling, and Recreation Industries; Arts, Entertainment; Sporting Goods, Hobby, Musical Instrument, and Book Stores; Retail Trade
  • 26 May 2009
  • Research & Ideas

Improving Market Research in a Recession

studies to check on shifts in price elasticities of demand and price-attribute tradeoffs can usefully improve the profitability of pricing decisions at a time when cash is king. Keep an eye on the new consumer. No one has a perfect record of View Details
Keywords: by John Quelch
  • 10 Jul 2018
  • Blog Post

Embracing Entrepreneurship & the Asian American Community

children to create a more stable income. This often runs counter to our passion, interest, and growing appetite for risky careers, like startups. The challenge is balancing a more financially predictable path with one that is less certain... View Details
  • 01 Sep 2004
  • News

Richard J. Stillman (MBA 1940)

he had already successfully invaded North Africa and liberated Sicily. As we stood before him, he said, “Gentlemen, look to your right, look to your left, and remember that one of you won’t be around at the end of the war.” That View Details
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