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  • March 2006
  • Module Note

Valuing Cross-Border Investments

By: Mihir A. Desai and Kathleen Luchs
Describes a core module in the International Finance course at Harvard Business School. The module explores how valuation differs in an international context and introduces students to the major issues in cross-border valuations: how to value investments in currencies... View Details
Keywords: International Accounting; Currency Exchange Rate; Investment; Framework; Cross-Cultural and Cross-Border Issues; Body of Literature; Risk Management; Projects; Valuation
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Desai, Mihir A., and Kathleen Luchs. "Valuing Cross-Border Investments." Harvard Business School Module Note 206-125, March 2006.
  • 2007
  • Chapter

Microfinance: Business, Profitability, and the Creation of Social Value

By: Michael Chu
The chapter examines the development of microfinance from its NGO origins to the present stage in which it is characterized by regulated commercial institutions capable of superior financial returns. It then looks at the creation of social value under these... View Details
Keywords: Microfinance; Investment Return; Profit; Governing Rules, Regulations, and Reforms; Social Enterprise; Non-Governmental Organizations; Perspective; Value Creation
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Chu, Michael. "Microfinance: Business, Profitability, and the Creation of Social Value." Chap. 28 in Business Solutions for the Global Poor: Creating Social and Economic Value, by V. Kasturi Rangan, John A. Quelch, Gustavo Herrero, and Brooke Barton, 309–320. John Wiley & Sons, 2007.
  • 1999
  • Other Unpublished Work

Value and Reporting in the Insurance Industry

By: Robert G. Eccles Jr. and Michael P. Nelligan
Keywords: Financial Reporting; Insurance Industry
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Eccles, Robert G., Jr., and Michael P. Nelligan. "Value and Reporting in the Insurance Industry." PricewaterhouseCoopers, January 1999.
  • 1999
  • Other Unpublished Work

Value and Reporting in the Banking Industry

By: Robert G. Eccles Jr. and John K. Fletcher
Keywords: Financial Reporting; Banking Industry; Netherlands
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Eccles, Robert G., Jr., and John K. Fletcher. "Value and Reporting in the Banking Industry." PricewaterhouseCoopers, January 1999.
  • 17 May 2019
  • News

Putting Value on Diversity, Inclusion, and Leadership

people grow into the role of having an impact that you value. I think my legacy will be a legacy of developing people in this field who really want to make a difference and who value diversity View Details
  • 01 Oct 1998
  • News

Value Added

percent of its revenues coming from abroad. In establishing its global presence, Gupta explains, McKinsey has adopted a modus operandi to ensure that the all-important values of the organization - "a meritocracy dedicated to the highest... View Details
Keywords: James E. Aisner
  • 1999
  • Working Paper

The Value of Modularity Splitting and Substitution

By: Carliss Y. Baldwin and Kim Clark
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Baldwin, Carliss Y., and Kim Clark. "The Value of Modularity Splitting and Substitution." Harvard Business School Working Paper, No. 98-087, January 1999.
  • 2024
  • Working Paper

The Value of AI Innovations

By: Wilbur Xinyuan Chen, Terrence Tianshuo Shi and Suraj Srinivasan
We study the value of AI innovations as it diffuses across general and application sectors, using the United States Patent and Trademark Office’s (USPTO) AI patent dataset. Investors value these innovations more than others, as AI patents exhibit a 9% value premium,... View Details
Keywords: AI and Machine Learning; Valuation; Technological Innovation; Open Source Distribution; Patents; Policy; Knowledge Sharing; Technology Industry
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Chen, Wilbur Xinyuan, Terrence Tianshuo Shi, and Suraj Srinivasan. "The Value of AI Innovations." Harvard Business School Working Paper, No. 24-069, May 2024.
  • Article

Shareholder Value Maximization and Product Market Competition

By: Julio J. Rotemberg and David S. Scharfstein
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Rotemberg, Julio J., and David S. Scharfstein. "Shareholder Value Maximization and Product Market Competition." Review of Financial Studies 3, no. 3 (1990): 367–392.
  • 13 Apr 2021
  • News

Face Value

As a teenager in Houston, Texas, and one of the few Asian students in her high school, Vicky Tsai (MBA 2006) recognized that didn’t fit the accepted beauty standard. She was more drawn to the Western luxury skincare brands her mother sold... View Details
  • February 2023 (Revised November 2024)
  • Case

Ronald Reagan: Changing the World

By: Robert Simons and Shirley Sun
This case traces the rise of Ronald Reagan from small town Illinois to two-term president of the United States. An unlikely candidate for the world’s most powerful job, the case describes the different roles that Reagan filled over his life: radio announcer, Hollywood... View Details
Keywords: Politics; Entertainment; Personal Characteristics; Business And Government; Values And Beliefs; Mission And Purpose; Decision Making; Government Administration; Management Style; Power and Influence; United States
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Simons, Robert, and Shirley Sun. "Ronald Reagan: Changing the World." Harvard Business School Case 123-024, February 2023. (Revised November 2024.)
  • Mar 2017
  • Keynote Speech

Creativity and the Value of Confident Humility

By: Teresa M. Amabile
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Amabile, Teresa M. "Creativity and the Value of Confident Humility." Creativity and the Value of Confident Humility, Wharton School, Philadelphia, PA, March 2017.
  • 2016
  • Other Article

Multinational Firms, Value Chains, and Vertical Integration

By: Laura Alfaro
Citation
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Alfaro, Laura. "Multinational Firms, Value Chains, and Vertical Integration." NBER Reporter, no. 3 (2016). (Research Summary.)
  • July 2024
  • Article

Whether to Apply

By: Katherine B. Coffman, Manuela Collis and Leena Kulkarni
Labor market outcomes depend, in part, upon an individual’s willingness to put herself forward for different opportunities. We use a series of experiments to explore gender differences in willingness to apply for higher return, more challenging work. We find that, in... View Details
Keywords: Beliefs; Recruitment; Job Search; Gender; Attitudes
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Coffman, Katherine B., Manuela Collis, and Leena Kulkarni. "Whether to Apply." Management Science 70, no. 7 (July 2024): 4649–4669.
  • April 2012
  • Article

The Predictive Value of Accruals and Consequences for Market Anomalies

By: Francois Brochet, Seunghan Nam and Joshua Ronen
We revisit the role of the cash and accrual components of accounting earnings in predicting future cash flows using out-of-sample predictions and market value of equity as a proxy for all future cash flows. We find that, on average, accruals improve upon current cash... View Details
Keywords: Forecasting and Prediction; Investment Return; Value; Equity; Markets; Cash Flow; Information Management; Accrual Accounting; Earnings Management; Corporate Governance; Stocks
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Brochet, Francois, Seunghan Nam, and Joshua Ronen. "The Predictive Value of Accruals and Consequences for Market Anomalies." Journal of Accounting, Auditing & Finance 27, no. 2 (April 2012).
  • July 2023 (Revised July 2023)
  • Background Note

Generative AI Value Chain

By: Andy Wu and Matt Higgins
Generative AI refers to a type of artificial intelligence (AI) that can create new content (e.g., text, image, or audio) in response to a prompt from a user. ChatGPT, Bard, and Claude are examples of text generating AIs, and DALL-E, Midjourney, and Stable Diffusion are... View Details
Keywords: AI; Artificial Intelligence; Model; Hardware; Data Centers; AI and Machine Learning; Applications and Software; Analytics and Data Science; Value
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Wu, Andy, and Matt Higgins. "Generative AI Value Chain." Harvard Business School Background Note 724-355, July 2023. (Revised July 2023.)
  • 19 Feb 2019
  • News

Avoid disruption and create new value for customers

  • February 2009 (Revised June 2010)
  • Background Note

Note on Valuing Control and Liquidity in Family and Closely Held Firms

Most companies around the world are family controlled and/or closely held. The need to value these companies routinely arises in practice for a variety of reasons, e.g., to buy out minority shareholders; for gift and estate tax purposes; to tie executive compensation... View Details
Keywords: Family Business; Financial Liquidity; Governance Controls; Valuation
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Villalonga, Belen. "Note on Valuing Control and Liquidity in Family and Closely Held Firms." Harvard Business School Background Note 209-104, February 2009. (Revised June 2010.)
  • March 2004
  • Article

Values Drive Performance

By: William W. George
Keywords: Values and Beliefs; Performance
Citation
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George, William W. "Values Drive Performance." Executive Excellence (March 2004).
  • 07 Apr 2014
  • News

Family Values

year of the MBA Program. Connell, who died in 2001, the same year he received the School’s Alumni Achievement Award, was a longtime leader in Boston’s business and philanthropic communities. Known for his visionary leadership, Connell... View Details
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