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Publications

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  • All HBS Web  (3,577)
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    • News  (917)
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    • Events  (8)
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  • All HBS Web  (3,577)
    • People  (22)
    • News  (917)
    • Research  (2,215)
    • Events  (8)
    • Multimedia  (2)
  • Faculty Publications  (1,204)
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  • 01 Jun 2001
  • News

Virtual Plant Tours and Beer Game Dysfunction

exercise, administered in the computer lab. A software program simulates a supply chain from retailer through wholesaler and distributor up to the beer factory. Students take roles as a participant in the chain, seeing only the orders... View Details
Keywords: Educational Services; Educational Services
  • 10 Jul 2000
  • Research & Ideas

The State of the Markets

and help provide a variety of services for a wide range of customers. "There is a direct relationship," he said, "between technological development and the liquidity of markets. We are all involved in generating more... View Details
Keywords: by James E. Aisner
  • March 2011 (Revised January 2015)
  • Teaching Note

The IASB at a Crossroads: The Future of International Financial Reporting Standards

By: Karthik Ramanna
Teaching Note for 111084 and 113089. View Details
Keywords: Growth and Development; Strategy; Corporate Governance; Fair Value Accounting; Financial Reporting; Standards; Problems and Challenges; Emerging Markets; Financial Services Industry; China
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Ramanna, Karthik. "The IASB at a Crossroads: The Future of International Financial Reporting Standards." Harvard Business School Teaching Note 111-095, March 2011. (Revised January 2015.)
  • 01 Apr 2002
  • News

Urban Evolution - HBS Research on the Inner City

grassroots community organizations; the increasing tendency of businesses, large and small, to identify the inner city as an untapped market; a drop in urban crime rates; and the "unshackling" of inner cities from the entrenched and outmoded bureaucracies that have... View Details
Keywords: Paul Grogan; Peter Tufano; David Crockett; Diana Barrett; Real Estate
  • 01 Sep 2012
  • News

Alumni Books

measured? How does India’s accountability rank against other countries? Does accountability affect economic and social performance? He examines the mechanisms that hold governance institutions accountable, explains why many View Details
Keywords: Educational Services; Educational Services; Educational Services; Educational Services
  • 2024
  • Working Paper

Hidden Risk

By: Daniel Barth, Phillip Monin, Emil Siriwardane and Adi Sunderam
Since 2013, large U.S. hedge fund advisers have been required to report risk exposures in their regulatory filings. Using these data, we first establish that managers’ perceptions of risk contain useful information that is not embedded in fund returns. Investor flows... View Details
Keywords: Corporate Disclosure; Investment Funds; Risk and Uncertainty; Investment Return; Communication Strategy; Financial Services Industry
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Barth, Daniel, Phillip Monin, Emil Siriwardane, and Adi Sunderam. "Hidden Risk." Working Paper, November 2024.
  • March 2020 (Revised March 2024)
  • Case

CIAM: Home-Grown Shareholder Activism in France

By: Charles C.Y. Wang, Tonia Labruyere and Vincent Dessain
The case discusses the strategy of CIAM, a French activist investment firm, involved in a case of a buy-out of minority shareholders in the telecommunications sector. Altice NV, an international telecommunications company based in the Netherlands that owned more than... View Details
Keywords: Corporate Governance; Private Equity; Strategy; Valuation; Investment Activism; Financial Services Industry; France
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Wang, Charles C.Y., Tonia Labruyere, and Vincent Dessain. "CIAM: Home-Grown Shareholder Activism in France." Harvard Business School Case 120-072, March 2020. (Revised March 2024.)
  • September 2025
  • Article

Public Disclosure of Private Meetings: Does Observing Peers’ Information Acquisition Affect Analysts’ Attention Allocation?

By: Yi Ru, Ronghuo Zheng and Yuan Zou
We investigate the impact of observing peers’ information acquisition on financial analysts’ allocation of attention. Using the timely disclosure mandate by the Shenzhen Stock Exchange as a setting, we find that, shortly after analysts observe that a firm has been... View Details
Keywords: Corporate Disclosure; Information; Financial Institutions; Accounting; Financial Markets; Financial Services Industry; China
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Ru, Yi, Ronghuo Zheng, and Yuan Zou. "Public Disclosure of Private Meetings: Does Observing Peers’ Information Acquisition Affect Analysts’ Attention Allocation?" Journal of Accounting Research 63, no. 4 (September 2025): 1629–1677.
  • 1979
  • Chapter

Capital Requirements in the Regulation of Financial Intermediaries: A Discussion

By: Robert C. Merton
Keywords: Capital; Financial Markets; Financial Institutions; Governing Rules, Regulations, and Reforms; Policy; Business and Government Relations; Financial Services Industry
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Merton, Robert C. "Capital Requirements in the Regulation of Financial Intermediaries: A Discussion." In Proceedings: The Regulation of Financial Institutions.Federal Reserve Bank of Boston Conference Series. Federal Reserve Bank of Boston, 1979.
  • 01 Jul 2014
  • First Look

First Look: July 1

Jeremy C. Stein Abstract—We study optimal government debt maturity in a model where investors derive monetary services from holding riskless short-term securities. In a setting where the View Details
Keywords: Carmen Nobel
  • January 2005 (Revised October 2005)
  • Case

Private Capital and Public Policy: Standard & Poor's Sovereign Credit Ratings

By: Rawi E. Abdelal and Christopher Bruner
Describes Standard & Poor's sovereign credit ratings business. Provides background on the history of credit ratings agencies, the meaning of credit ratings, the expansion of the sovereign ratings business over recent decades, and the market for credit ratings. Also,... View Details
Keywords: Sovereign Finance; History; Policy; Business and Government Relations; International Finance; Country; Globalized Economies and Regions; Decision Choices and Conditions; Capital Markets; Debates; Financial Services Industry; United States
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Abdelal, Rawi E., and Christopher Bruner. "Private Capital and Public Policy: Standard & Poor's Sovereign Credit Ratings." Harvard Business School Case 705-026, January 2005. (Revised October 2005.)
  • 14 Feb 2017
  • First Look

First Look at New Research: February 14

the scientists themselves. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52220 January 2017 American Economic Review Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers By: Cavallo,... View Details
Keywords: Sean Silverthorne
  • 05 Jul 2017
  • Research & Ideas

Are Stockbrokers Illegally Leaking Confidential Information to Favored Clients?

investors, which in turn is acquired thanks to the brokers’ ability to observe order flow before the rest of the market.” Stockbrokers are intermediaries who buy and sell stocks for retail and institutional clients, either for a fee or... View Details
Keywords: by Carmen Nobel; Financial Services
  • 06 Oct 2015
  • First Look

October 6, 2015

technology and improved digital communication have been explored in a variety of contexts, the impact on economic activity—from consumer and entrepreneurial behavior to the ways in which governments determine policy—is less well... View Details
Keywords: Sean Silverthorne
  • 01 Dec 2020
  • News

Karmic Kickstart

broadly defined job description (“do whatever will benefit the college and the country”), we have also been free to take on additional roles, from government consulting work and advising the country’s nascent parliament to teaching... View Details
Keywords: transitions; higher education; travel; reflection; cancer; Educational Services
  • 03 Jan 2017
  • First Look

January 3, 2017

to standardize their products and helped establish brand identities through consistent appearance. By 1938, food dyes had achieved such widespread use, and had raised such public concern, that the federal government amended the 1906 Pure... View Details
Keywords: Carmen Nobel
  • 01 Mar 2011
  • News

Faculty Books

examine the ways in which software differs from other technologies in promoting economic development; what motivates individuals and firms to contribute to open source projects; how developers and users view the trade-offs between the two kinds of software; and how... View Details
Keywords: Educational Services; Educational Services
  • 01 Mar 2007
  • News

Private Equity under Investigation

Fifty-three years ago, Judge Harold Medina dismissed charges brought by the Justice Department against seventeen leading investment banks. A case built up over a decade of investigations and almost three years of trial collapsed when the View Details
Keywords: Josh Lerner; syndication; antitrust enforcement; Funds, Trusts, and Other Financial Vehicles; Finance
  • 27 Jul 2020
  • Blog Post

HBS Summer Fellows Respond to COVID-19

searchable, findable information amidst the noise. This project will evolve as the second order impacts of the pandemic evolve. Scott Cara (MBA 2021), Sarika Mendu (HBS 2020), and Narmeen Haider (HBS 2020), Co-founder, MBAs Fight COVID: Our team is mobilizing MBA... View Details
  • 01 Dec 2011
  • News

Reimagining the MBA

Elective Curriculum (Second Year) Authentic Leadership Development Leading Professional Service Firms Leading Teams Leading and Governing High Performing Nonprofit Organizations Managing Human Capital Power... View Details
Keywords: Roger Thompson; FIELD program; Educational Services; Educational Services
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