Institutional Trading - Publications - Faculty & Research

Forthcoming
Article

The Stock Market and Bank Risk-Taking

By: David S. Scharfstein and Antonio Falato

We argue that stock market pressure to generate earnings encourages banks to increase risk. We measure risk using confidential supervisory ratings as well as financial information released in regulatory filings. We document that there is an increase in the risk-taking... View Details

Keywords: Stock Market; Financial Markets; Business Earnings; Banks and Banking; Risk and Uncertainty

Citation

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Historical Data & Sources - Business History

Discussion Paper Series IZA DP No. 2016, Institute for the Study of Labor, March 2006, accessed June 5, 2013 Jelle Visser, “ICTWSS: Database on Institutional Characteristics of View Details

01 Oct 2001
Research & Ideas

How To Make Restructuring Work for Your Company

objective. Combining the two banks created opportunities to eliminate overlaps in such areas as back-office staff, branch offices, and computing infrastructure. Management of both banks also believed that larger and more diversified financial View Details

Keywords: by Stuart C. Gilson

Reinventing State Capitalism

In this book we study the evolution of corporate governance arrangements that governments have adopted for their state-owned enterprises (SOEs) in the last 20 years. We show that the process of privatization and liberalization of the 1990s and early 2000s created... View Details

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Business, Government & the International Economy Curriculum - Faculty & Research

BGIE, we will learn about the key economic, political, and social factors that affect this business environment: in other words, the institutional foundations of capitalism. BGIE examines management and leadership on a grand scale. The... View Details

22 Feb 2018
Book

The New History of American Capitalism

global history as a thriving research field, one in which economic issues play a central role. Flows of capital, labor, and science linked developments across oceans; trade bound national economies to one another; and financial View Details

Keywords: Manufacturing

05 Feb 2019
First Look

New Research and Ideas, February 5, 2019

Marijk C. van der Wende Abstract— Recent geopolitical events, such as Brexit and the retreat from multilateral trade and cooperation by the USA, have created waves of uncertainty, especially in the field of higher education, regarding... View Details

Keywords: Dina Gerdeman

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Accounting & Management Awards & Honors - Faculty & Research

Theory and Practice of Intangibles, Intellectual Capital, and Sustainability by the European Institute for Advanced Studies in Management at the 2022 EIASM Interdisciplinary Conference for “Regulated Human Capital Disclosures” with Thomas... View Details

01 Feb 2011
First Look

First Look: Feb. 1

concurrent trades in these stocks by continuing fund managers. This behavior is observed regardless of fund characteristics and is stronger when new managers are external hires. The tendency of continuing fund managers to hold on to... View Details

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2023 Reunion Presentations - Alumni

chains have come under unprecedented stress as a result of US-China trade tensions, the pandemic, and geopolitical shocks. We've documented US participation in global value chains over four decades, with particular focus on the last five... View Details

March 2008 (Revised April 2009)
Case

Eliot Spitzer: Pushing Wall Street to Reform

By: Rawi Abdelal, Rafael Di Tella and Jonathan Schlefer

New York State Attorney General Eliot Spitzer faced a decision about how to stop wrongdoing committed by major Wall Street firms during the Internet boom. The equities analysts of Merrill Lynch and other Wall Street firms were charged with objectively advising retail... View Details

Keywords: Crime and Corruption; Decisions; Financial Institutions; Stocks; Governing Rules, Regulations, and Reforms; Laws and Statutes; Lawsuits and Litigation; Conflict of Interests; Internet; Financial Services Industry; United States

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18 Jun 2024
Research & Ideas

Industrial Decarbonization: Confronting the Hard Challenges of Cement

Cities like Cairo; Chongqing, China; Delhi; and Kinshasa, Congo are experiencing population explosions accompanied by unprecedented demand for homes, offices, factories, and infrastructure. In the United States, the Biden Administration’s policy-driven infrastructure... View Details

Keywords: by by Janelle Conaway; Green Technology; Energy; Industrial Products; Manufacturing

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Leadership Transitions | Baker Library | Bloomberg Center | Harvard Business School

BusinessWeek , July 6, 2001, featuring Lehman Brothers Inc. CEO Richard S. Fuld Jr. Lehman Brothers Records, Baker Library, Harvard Business School. Used with permission of Bloomberg L.P. Copyright ©2017. All rights reserved. Lower Manhattan skyline featuring World... View Details

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A Chronicle of the China Trade. The Papers of Augustine Heard & Co., 1840-1877

Research Business & Environment Business History Christensen Center for Teaching & Learning Entrepreneurship Faculty & Research Global Healthcare HBS Working Knowledge Institute for Strategy & Competitiveness Leadership Networked Business... View Details

04 Dec 2018
First Look

New Research and Ideas, December 4, 2018

Jihwon Park, and Eugene F. Soltes Abstract—Using a set of proprietary records, we examine who consumes quarterly earnings conference calls and under which circumstances the calls are consumed. While there is significant interest in calls by View Details

Keywords: Dina Gerdeman

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Our Curriculum - Business History

as firms crossed national borders. It provides cases on entrepreneurs and firms from many countries who were active in pursuits ranging from opium trading and luxury watches to fashion, cinema, finance, and information and communications... View Details

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Events - Business History

(Harvard Business School), “The Manila Galleon: Luxury Trade and the Silk-for-Silver Connection across the Pacific World, XVI-XVIII.” Marcel Anduiza (Harvard Business School), 12 pm to 1:30 pm May 14 14 May 2025 Virtual Seminar Grace... View Details

01 Jun 2023
News

Buy Big, Sell Small

brands and SKUs,” she says. Shruti, who graduated at the top of her class at the Indian Institute of Technology and had experience in consulting and impact investing, came to HBS to gain the skills to launch an India-based impact... View Details

Keywords: Deborah Blagg; retail; supply chain management; entrepreneurship; leadership; innovation; Retail Trade; Retail Trade

Web

The Art of American Advertising: 1865 - 1910

Clubs Faculty & Research Business & Environment Business History Christensen Center for Teaching & Learning Entrepreneurship Faculty & Research Global Healthcare HBS Working Knowledge Institute for Strategy & Competitiveness Leadership... View Details

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HBS Alumni Conference: Accelerating Climate Solutions - Alumni

could be one of the biggest obstacles to achieving our climate goals. This session will examine different approaches, from policy to trade schools to exciting new and incumbent companies putting the workforce at the core of their business... View Details

Publications