Publications

Teaching Note for (9-287-029). View Details

Keywords: Leveraged Buyouts; Valuation; Equity; Manufacturing Industry

January 1992
Teaching Note

American Telephone and Telegraph Company (1983) TN

Teaching Note for (9-284-047). View Details

Keywords: Financing and Loans; Equity; Value; Management Practices and Processes; Decisions; Telecommunications Industry

March 1989 (Revised April 1990)
Exercise

Interest Rate Exercises

Keywords: Interest Rates

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October 2007 (Revised August 2008)
Case

DW Healthcare Partners

Keywords: Health Industry

August 2000 (Revised January 2003)
Teaching Note

Health Development Corporation TN

Teaching Note for (9-200-049). View Details

Keywords: Health Industry; Boston

November 1992 (Revised August 2001)
Case

In early 1991, Reynolds Metals, the makers of aluminum products, decided to sell its holding of Eskimo Pie, a marketer of branded frozen novelties. Reynolds had an offer from Nestle to acquire Eskimo Pie. However, Reynolds decided instead to make an initial public... View Details

Keywords: Initial Public Offering; Decisions; Mergers and Acquisitions; Performance Productivity; Leadership; Corporate Entrepreneurship; Expansion; Ownership; Food and Beverage Industry; Manufacturing Industry

January 1992
Teaching Note

O.M. Scott & Sons Company TN, The

Teaching Note for (9-209-102). View Details

January 1992
Teaching Note

Gulf Oil Corporation-Takeover TN

Teaching Note for (9-285-053). View Details

Keywords: Privatization; Business Exit or Shutdown; Bids and Bidding; Natural Environment; Energy Industry

March 1989 (Revised April 1998)
Case

Marriott Corporation: The Cost of Capital (Abridged)

Gives students the opportunity to explore how a company uses the Capital Asset Pricing Model (CAPM) to compute the cost of capital for each of its divisions. The use of Weighted Average Cost of Capital (WACC) formula and the mechanics of applying it are stressed. View Details

Keywords: Cost of Capital; Mathematical Methods

March 1989 (Revised October 1994)
Case

Philip Morris Companies and Kraft, Inc.

Gives students the opportunity to explore the effect of substantial free cash flow on corporate acquisition and operating strategies. Students are also given the opportunity to extract information from the common stock prices of the participating firms. A variety of... View Details

Keywords: Cash Flow; Strategic Planning; Acquisition; Strategy; Restructuring; Valuation; Stocks

2010
Working Paper

Valuation When Cash Flow Forecasts Are Biased

This paper focuses adaptations to the discount cash flow (DCF) method when valuing forecasted cash flows that are biased measures of expected cash flows. I imagine a simple setting where the expected cash flows equal the forecasted cash flows plus an omitted downside.... View Details

Keywords: Forecasting and Prediction; Cash Flow; Cost of Capital; Performance Expectations; Prejudice and Bias; Valuation

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November 2001 (Revised May 2002)
Supplement

Whirlpool Europe

September 2001 (Revised December 2001)
Supplement

Eskimo Pie Corporation (Abridged)

Spreadsheet to (9-202-037). Download only. View Details

24 Feb 2009
First Look

First Look: February 24, 2009

market-type dispersion by decentralizing operations from headquarters to their stores, and, to a weaker extent, by providing higher variable pay to their store managers. Placing the Normative Logics of... View Details

Keywords: Martha Lagace

2019
Working Paper

The Creative Consulting Company

By: Robert S. Kaplan, Richard Nolan and David P. Norton

During the past 50 years, several consulting companies introduced important new ideas that extended management theory and improved management practice. This paper draws upon public sources and the authors’ personal experiences to describe how three management... View Details

Keywords: Management; Theory; Practice; Performance Improvement; Innovation and Management; Consulting Industry