Capital Markets - Publications - Faculty & Research

18 Nov 2013
Op-Ed

Twitter IPO: Overvalued or the Start of Something Big?

out later. The concept is overused, but it's in play here, and the market, at least for now, is applauding loudly—to the tune of a market capitalization of some $25 billion at the close of the first day of... View Details

Keywords: by Chet Huber; Technology

04 Mar 2014
First Look

First Look: March 4

faced with the need to raise large amounts of capital in order to comply with increased capital requirements, tightening rules as to the "quality of capital," and increased risk weights for its... View Details

Keywords: Sean Silverthorne

01 Sep 2017
News

Case Study: Confidence Builder

enrolled in US colleges and universities. The Question: Confi’s online health resource is marketed directly to students, but the go-to-market strategy for its sexual assault prevention program is less clear. How can Confi break into the... View Details

Keywords: April White; Confi; Colleges, Universities, and Professional Schools; Educational Services

Web

Deal Making in Real Estate - Course Catalog

Global Investment Strategy Starwood Capital Group Christopher Graham is a Senior Managing Director and Head of Global Investment Strategy at Starwood Capital Group, where he focuses on our various investment... View Details

08 May 2012
First Look

First Look: May 8

detailed panel dataset on supply relationships in the mobile telecommunications industry, we address the following questions: What factors contribute to a firm's ability to learn by supplying, and build technological and market... View Details

Keywords: Carmen Nobel

01 Apr 1996
News

Wake-Up Call: Farewell to the American Dream?

too long to the mass-production model. Unable to halt declining returns and market share, it lost confidence in itself. That confusion contributed to a serious falloff in capital spending that further... View Details

05 Sep 2018
News

HBS Named Top School for Producing Entrepreneurs

repeat victory—with PitchBook counting 1,310 entrepreneurs, 1,186 companies founded, and $39.28 billion in capital raised. The School was also ranked first for its alumnae founders, with 220 entrepreneurs and companies, with $8.46 billion... View Details

Keywords: Business Schools & Computer & Management Training; Educational Services

11 Dec 2018
Research & Ideas

Free Trade Needs Nurturing—and Other Lessons from History

explosion of trade and capital flows created a world that looked in many ways like ours. Yet even in the early 20th century, there remained tensions of increasing inequality and wage competition in a context of ruthless international... View Details

Keywords: by Staff; Auto; Aerospace; Chemical; Consumer Products; Electronics; Energy; Industrial Products; Manufacturing; Shipping; Transportation

01 Oct 1998
News

Going Against the Flow

Brazil was defaulting on its overseas debt and hyperinflation was running rampant. Somehow, amid the country's financial fracasso, Jakurski sensed opportunity. "With inflation at times increasing 2 percent daily," he recalls, "we would collect 11,000 prices in 9 state... View Details

Keywords: Dun Gifford, Jr.

21 Jul 2023
Blog Post

Malcolm McClain (MBA/MPP 2023) Named First RISE Career Fellow

credit, especially for people who may be traditionally left out of capital markets.” BrightUp blends technology and behavioral science to help under-supported people become more financially healthy, delivering services to the View Details

Keywords: Nonprofit / Government

03 Feb 2018
Op-Ed

How to Heed BlackRock's Call for Corporate Social Responsibility

Larry Fink recently created a shockwave. As cofounder, chairman, and CEO of BlackRock, one of the world’s largest global asset management firms, in an open letter to CEOs he caught the attention of financial markets and beyond by... View Details

Keywords: by Julie Battilana

13 May 2014
Op-Ed

The Alibaba Effect

Alibaba is about to make history with the first genuine mega-IPO of a Chinese entrepreneur-founded company in the United States. The numbers are historic as well—an anticipated market capitalization of some... View Details

Keywords: by Bill Kirby & Warren McFarlan; Retail

16 Jun 2016
Blog Post

Why Entrepreneurs Should Consider Business School

Before I came to HBS, I bootstrapped a software company, Proximate, for three years.* We make social-media marketing software for alumni and trade associations. In many ways, HBS made starting my own business possible. I was a 2+2 admit,... View Details

23 Apr 2008
Op-Ed

The Gap in the U.S. Treasury Recommendations

regulatory structure proposed by the Treasury would consist of three key parts. In addition to its role as the nation's central bank, the Federal Reserve would act as a market stability regulator, focusing on systemic risk. It would take... View Details

Keywords: by Dwight Crane; Banking; Construction; Real Estate; Financial Services

December 1993
Article

Risk Management: Coordinating Corporate Investment and Financing Policies

By: K. A. Froot, David S. Scharfstein and J. Stein

Keywords: Catastrophe Risk; Corporate Finance; Banking And Insurance; Hedging; Banking; Decision Choice And Uncertainty; Financial Markets; Insurance; Policy; Risk Management; Natural Disasters; Cost of Capital; Asset Pricing; Insurance Industry

Citation

Read Now

04 Feb 2014
First Look

First Look: February 4

http://www.aeaweb.org/articles.php?doi=10.1257/jep.27.4.65 Working Papers Sovereigns, Upstream Capital Flows and Global Imbalances By: Alfaro, Laura, Sebnem Kalemli-Ozcan, and Vadym Volosovych Abstract—We decompose View Details

Keywords: Sean Silverthlorne

19 May 2003
Research & Ideas

Expensing Options Won’t Hurt High Tech

and income statement will have no market effect. But to argue that proper costing of stock options would have a significant adverse impact on companies that make extensive use of them is to admit that the economics of stock options, as... View Details

Keywords: by Zvi Bodie, Robert S. Kaplan & Robert C. Merton

28 Apr 2021
Blog Post

Alumni Spotlight: Cissy Chen (MBA 2019)

wanted to leverage my knowledge & experience in finance to focus on making a difference in my home region of Asia through impact investing. In China, for example, the sector lacks quite a bit with regards to human capital and... View Details

March 2010 (Revised November 2010)
Case

Pandora Radio: Fire Unprofitable Customers?

By: Willy C. Shih and Halle Alicia Tecco

Pandora Radio is at a crossroads. Founder Tim Westergren has just been told by a well known VC to get rid of his unprofitable customers in order to get his costs down, but Westergren is not sure that such actions are consistent with his company's business model.... View Details

Keywords: Business Model; Customer Satisfaction; Music Entertainment; Venture Capital; Profit; Growth and Development Strategy; Consumer Behavior; Internet; Media and Broadcasting Industry