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  • All HBS Web  (6,015)
    • People  (11)
    • News  (905)
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Risk Management for Corporate Leaders

As companies adapt to the aftershocks of the global recession, risk management is a top priority for their senior executives and boards—and for those of nonprofit and public-sector enterprises as well. The financial crisis revealed that risk management processes cannot... View Details
  • February 2013
  • Supplement

Boston University: Managing Reputation and Risk (B)

By: Dutch Leonard, James Honan and Kerry Herman
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Leonard, Dutch, James Honan, and Kerry Herman. "Boston University: Managing Reputation and Risk (B)." Harvard Business School Supplement 313-099, February 2013.
  • February 2013
  • Case

Boston University: Managing Reputation and Risk (A)

By: Dutch Leonard, James Honan and Kerry Herman
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Leonard, Dutch, James Honan, and Kerry Herman. "Boston University: Managing Reputation and Risk (A)." Harvard Business School Case 313-087, February 2013.
  • October 2009
  • Article

Managing Risk in the New World

By: Robert S. Kaplan, Anette Mikes, Robert Simons, Peter Tufano and Michael Hofmann Jr.
Five experts gathered recently to discuss the future of enterprise risk management: Kaplan, the Baker Foundation Professor at Harvard Business School, who with his colleague David Norton developed the balanced scorecard; Mikes, an assistant professor at HBS who studies... View Details
Keywords: Forecasting and Prediction; Financial Crisis; Capital Structure; Job Cuts and Outsourcing; Risk Management
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Kaplan, Robert S., Anette Mikes, Robert Simons, Peter Tufano, and Michael Hofmann Jr. "Managing Risk in the New World." Harvard Business Review 87, no. 10 (October 2009): 68–75.
  • June 2020
  • Teaching Note

Career Karma: Growth in a Time of Global Uncertainty (A) and (B)

By: Laura Huang and Elizabeth Jiang
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Huang, Laura, and Elizabeth Jiang. "Career Karma: Growth in a Time of Global Uncertainty (A) and (B)." Harvard Business School Teaching Note 420-127, June 2020.
  • 1993
  • Article

Interest Rate Parity and the Exchange Risk Premium

By: E. S. Mayfield and R. Murphy
Keywords: Interest Rates; Risk and Uncertainty
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Mayfield, E. S., and R. Murphy. "Interest Rate Parity and the Exchange Risk Premium." Economics Letters (1993).
  • September 1982
  • Article

Risk Aversion and the Negotiation of Insurance Contracts

By: R. Kihlstrom and A. E. Roth
Keywords: Risk and Uncertainty; Negotiation; Insurance
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Kihlstrom, R., and A. E. Roth. "Risk Aversion and the Negotiation of Insurance Contracts." Journal of Risk and Insurance 49 (September 1982): 372–387.
  • October 2021
  • Article

Shareholder Activism and Firms' Voluntary Disclosure of Climate Change Risks

By: Caroline Flammer, Michael W. Toffel and Kala Viswanathan
This paper examines whether—in the absence of mandated disclosure requirements—shareholder activism can elicit greater disclosure of firms’ exposure to climate change risks. We find that environmental shareholder activism increases the voluntary disclosure of climate... View Details
Keywords: Transparency; Reporting; Shareholder Engagement; Shareholder Activism; Climate Change; Risk and Uncertainty; Environmental Management; Investment Activism; Corporate Disclosure; Communication Strategy; Information Publishing; Measurement and Metrics; Corporate Social Responsibility and Impact; Problems and Challenges; United States
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Flammer, Caroline, Michael W. Toffel, and Kala Viswanathan. "Shareholder Activism and Firms' Voluntary Disclosure of Climate Change Risks." Strategic Management Journal 42, no. 10 (October 2021): 1850–1879. (Featured in Harvard Business Review.)
  • January 2005
  • Article

Business Groups and Risk Sharing Around the World

By: Tarun Khanna and Yishay Yafeh
Keywords: Groups and Teams; Risk and Uncertainty
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Khanna, Tarun, and Yishay Yafeh. "Business Groups and Risk Sharing Around the World." Journal of Business 78, no. 1 (January 2005): 301–340.
  • October 2019
  • Article

Does Political Uncertainty Increase External Financing Costs? Measuring the Electoral Premium in Syndicated Lending

By: Olivia S. Kim
This article investigates the impact of political uncertainty on contractual lending terms using a large sample of syndicated loans and a within-firm estimation approach to achieve identification. Firms pay 7 basis points (bps) more on loans originated when their... View Details
Keywords: Risk and Uncertainty; Political Elections; Financing and Loans; Developing Countries and Economies
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Kim, Olivia S. "Does Political Uncertainty Increase External Financing Costs? Measuring the Electoral Premium in Syndicated Lending." Journal of Financial and Quantitative Analysis 54, no. 5 (October 2019): 2141–2178.
  • October 1989
  • Exercise

At RISK Exercises

By: David E. Bell
Keywords: Risk and Uncertainty
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Bell, David E. "At RISK Exercises." Harvard Business School Exercise 190-063, October 1989.
  • 2000
  • Working Paper

Business Groups and Risk Sharing Around the World

By: Tarun Khanna and Yishay Yafeh
Citation
Related
Khanna, Tarun, and Yishay Yafeh. "Business Groups and Risk Sharing Around the World." Harvard Business School Working Paper, No. 01-041, December 2000.
  • 2025
  • Working Paper

Navigating Choppy Waters: How U.S. Trade Policy Uncertainty Affects Small Businesses

By: David Atkin, Zoë Cullen and Ebehi Iyoha
This paper explores the impact of recent changes in the US trade policy environment on small businesses. Drawing on a survey of more than 4,000 small businesses conducted between March 22 and 31, 2025, we examine firms’ knowledge, expectations, and decisions during... View Details
Keywords: Trade; Risk and Uncertainty; Government Legislation; Globalization; International Relations; Small Business
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Atkin, David, Zoë Cullen, and Ebehi Iyoha. "Navigating Choppy Waters: How U.S. Trade Policy Uncertainty Affects Small Businesses." Harvard Business School Working Paper, No. 25-048, April 2025.
  • 2010
  • Working Paper

Preference Intensities and Risk Aversion in School Choice: A Laboratory Experiment

By: Flip Klijn, Joana Pais and Marc Vorsatz
We experimentally investigate in the laboratory two prominent mechanisms that are employed in school choice programs to assign students to public schools. We study how individual behavior is influenced by preference intensities and risk aversion. Our main results show... View Details
Keywords: Decision Choices and Conditions; Education; Marketplace Matching; Risk and Uncertainty; Behavior; Personal Characteristics
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Klijn, Flip, Joana Pais, and Marc Vorsatz. "Preference Intensities and Risk Aversion in School Choice: A Laboratory Experiment." Harvard Business School Working Paper, No. 10-093, April 2010.
  • 15 May 2012
  • Panel Discussion

Capitalism at Risk

By: Lynn S. Paine and Joseph L. Bower
Keywords: Capital Markets; Innovation; Capital Structure; Innovation Leadership; Consumer Products Industry
Citation
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Paine, Lynn S., and Joseph L. Bower. "Capitalism at Risk." Recast Capitalism, Rethink Company, Institut de l'entreprise, Paris, France, May 15, 2012.
  • 27 May 2011
  • Working Paper Summaries

An Empirical Decomposition of Risk and Liquidity in Nominal and Inflation-Indexed Government Bonds

Keywords: by Carolin E. Pflueger & Luis M. Viceira
  • 2002
  • Chapter

Strategic Uncertainty and the Future of Electronic Consumer Interaction: Developing Scenarios, Adapting Strategies

By: Stephen P. Bradley and Eric K. Clemons
Keywords: Internet and the Web; Risk and Uncertainty; Strategy
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Bradley, Stephen P., and Eric K. Clemons. "Strategic Uncertainty and the Future of Electronic Consumer Interaction: Developing Scenarios, Adapting Strategies." Chap. 4 in Digital Marketing: Global Strategies from the World's Leading Experts, edited by Jerry Wind and Vijay Mahajan, 78–101. New York: John Wiley & Sons, 2002.
  • 9 Feb 2012
  • Keynote Speech

Capitalism at Risk

By: Lynn S. Paine, Joseph L. Bower and Dutch Leonard
Citation
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Paine, Lynn S., Joseph L. Bower, and Dutch Leonard. "Capitalism at Risk." Harvard Business School Virtual Learning Series, February 9, 2012.
  • Sep 2011 - 2011
  • Interview

Capitalism at Risk

By: Lynn S. Paine and Herman B. Leonard
Keywords: Economic Systems
Citation
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Paine, Lynn S., and Herman B. Leonard. "Capitalism at Risk." Harvard Business Publishing Interview, Harvard Business Publishing, September 2011. (Interview by Susie Jackson.)
  • Article

The Allure of Unknown Outcomes: Exploring the Role of Uncertainty in the Preference for Potential

By: Daniella Kupor, Zakary L. Tormala and Michael I. Norton
Influence practitioners often highlight a target's achievements (e.g., "she is the city's top-rated chef"), but recent research reveals that highlighting a target's potential (e.g., "she could become the city's top-rated chef") can be more effective. We examine whether... View Details
Keywords: Risk and Uncertainty; Forecasting and Prediction; Performance Evaluation
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Kupor, Daniella, Zakary L. Tormala, and Michael I. Norton. "The Allure of Unknown Outcomes: Exploring the Role of Uncertainty in the Preference for Potential." Journal of Experimental Social Psychology 55 (November 2014): 210–216.
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