Publications

Keywords: Strategy; Economics; Global Range

September 1992
Article

Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation

By: Kenneth Froot, David S. Scharfstein and Jeremy Stein

Keywords: Rational Expectations; Asset Pricing; Behavioral Finance

Read Now

August 1992 (Revised June 1993)
Case

Compania de Telefonos de Chile

By: W. Carl Kester, Enrique Ostale and Charles McHugh La Follette

The newly privatized Chilean telephone company, Compania de Telefonos de Chile (CTC) must raise substantial new funds externally in order to finance its expansion program. This task is complicated by Chile's small, illiquid capital markets and the skeptical view of... View Details

Keywords: Capital Markets; Financing and Loans; Managerial Roles; Privatization; Expansion; Telecommunications Industry; South America; Chile

Educators

Purchase

summer 1992
Article

Governance, Contracting, and Investment Time Horizons: A Look at Japan and Germany

By: W. C. Kester

Keywords: Governance; Investment; Japan; Germany

July 1992
Article

On Determining the Dimension of Real-Time Stock Price Data

By: E. S. Mayfield and B. Mizrach

Keywords: Price; Data and Data Sets; Stocks

summer 1992
Article

What Makes You Think U.S. Capital Is So Expensive?

By: W. C. Kester and T. A. Luehrman

Keywords: Capital; Local Range; United States

June 1992 (Revised December 1992)
Teaching Note

Managing the U.S. Dollar in the 1980s (TN)

Teaching Note for (9-292-001). View Details

Keywords: Management; Currency; United States

June 1992
Case

Guardian Industries Corp.

By: W. Carl Kester and Julia Morley

1992
Chapter

Bankruptcy, Boards, Banks, and Blockholders: Evidence on Changes in Corporate Ownership and Control When Firms Default

By: S. C. Gilson

Keywords: Insolvency and Bankruptcy; Organizational Change and Adaptation; Ownership; Governing and Advisory Boards; Banks and Banking; Banking Industry

summer 1992
Article

Cross-country Differences in the Cost of Capital: A Survey and Evaluation of Recent Empirical Studies

By: W. C. Kester and T. A. Luehrman

Keywords: Cost; Capital

1992
Chapter

Management Turnover and Financial Distress

By: S. C. Gilson

Keywords: Insolvency and Bankruptcy; Management Succession

1992
Chapter

Troubled Debt Restructurings: An Empirical Analysis of Private Reorganization of Firms in Default

By: S. C. Gilson, J. Kose and L.H.P. Kang

Keywords: Insolvency and Bankruptcy; Borrowing and Debt; Restructuring

27 May 1992
Lecture

Banks in the Board Room: The American Versus Japanese and German Experiences

Keywords: Banks and Banking; Banking Industry; United States; Germany; Japan

11 May 1992 - 13 May 1992
Lecture

Emerging Role of Japanese Companies in Domestic and International Mergers and Acquisitions

Keywords: Mergers and Acquisitions; Japan

11 May 1992 - 13 May 1992
Lecture

Have Japanese Corporations Made Good Use of Their Low Cost of Capital?

Keywords: Capital; Cost of Capital; Japan

11 May 1992 - 13 May 1992
Lecture

Japanese Corporate Governance: Source of Efficiency or Restraint of Trade?

Keywords: Corporate Governance; Trade; Japan

May–June 1992
Article

The Myth of Japan's Low-cost Capital

By: W. C. Kester and T. A. Luehrman

Keywords: Capital; Japan

April 1992
Article

Does Corporate Performance Improve after Mergers?

By: Paul M. Healy, Krishna G. Palepu and Richard S. Ruback

Keywords: Mergers and Acquisitions; Performance; Business Ventures

Purchase

March 1992 (Revised December 1992)
Case

Harley-Davidson, Inc.--1987

By: W. Carl Kester and Julia Morley

After an LBO and near bankruptcy in the early 1980s, Harley-Davidson makes an astonishing recovery, going public in 1986. Its listing on the New York Stock Exchange in 1987 provides the occasion of an equity analyst to publish a research report in which she must issue... View Details

Keywords: Leveraged Buyouts; Currency Exchange Rate; Reports; Crisis Management; Going Public; Research; Competition; Auto Industry; Japan; New York (city, NY)

Educators

Purchase

1 Mar 1992
Lecture

The Role of Shareholders: An International Perspective

Keywords: Business and Shareholder Relations