Publications

February – March 2010
Article

Lessons from the Crisis about Governing Financial Institutions

By: Jay W. Lorsch

Keywords: Learning; Governance; Financial Institutions

Read Now

September 2003 (Revised March 2004)
Case

Yale University Investments Office: June 2003

By: Josh Lerner

The Yale Investments Office must decide whether to continue to allocate the bulk of the university's endowment to illiquid investments--hedge funds, private equity, real estate, and so forth. Considers the risks and benefits of a different asset allocation strategy.... View Details

Keywords: Leveraged Buyouts; Assets; Venture Capital; Private Equity; Investment Funds; Resource Allocation; Partners and Partnerships; Risk and Uncertainty; Strategy; Education Industry

Educators

24 Apr 2007
First Look

First Look: April 24, 2007

Note on U.S. Public Education Finance (A): Revenues Harvard Business School Note 307-069 Describes the revenue structure of U.S. public education. Covers funding by federal, state, and local governments.... View Details

Keywords: Sean Silverthorne

10 Jan 2005
What Do You Think?

Public Pension Reform: Does Mexico Have the Answer?

certainly fail for lack of adequate education and reflection. Responses ranged from those suggesting that the reform should be labeled a tax and approached head-on, to those proposing that it be regarded as an investment program. Typical... View Details

Keywords: by James Heskett; Financial Services

16 Mar 2010
First Look

First Look: March 16

states to collect export taxes to finance expenditures, rendered states with higher windfall tax revenues from the export of commodities to spend more on education per capita. Second, we prove that colonial... View Details

Keywords: Martha Lagace

13 Feb 2017
Working Paper Summaries

Diversity in Innovation

Keywords: by Paul A. Gompers and Sophie Q. Wang; Education; Education

September 2018
Case

The Financial Management of Harvard Business School

By: C. Fritz Foley and F. Katelynn Boland

In the spring of 2018, the Senior Associate Dean for Strategic Financial Planning at Harvard Business School considers potential refinements to the School's financial management practices. He faced questions about whether the metrics that had been used to evaluate... View Details

Keywords: Nonprofit; Financial Management; Nonprofit Organizations; Education Industry; United States

Educators

June 2008
Supplement

Walt Disney Company's Sleeping Beauty Bonds - Duration Analysis - courseware for instructors

By: Carliss Y. Baldwin

Keywords: Bonds; Theory; Education; Information; Entertainment and Recreation Industry

November 7, 2007
Editorial

Wall Street Must Learn from the Boss's Downfall

By: A. Zelleke

Keywords: Stocks; Financial Institutions; Learning; Management

07 Feb 2011
Lessons from the Classroom

Creating the Founders’ Dilemmas Course

how to finance growth. Building The Team—finance And Founders In the second part of the course, students consider the questions they'll face after making the key choice not to run the company alone: Who should the cofounder(s) be? Is it a... View Details

Keywords: by Carmen Nobel; Education

2013
Article

Learning and the Disappearing Association Between Governance and Returns

By: Lucian A. Bebchuk, Alma Cohen and Charles C.Y. Wang

The correlation between governance indices and abnormal returns documented for 1990–1999 subsequently disappeared. The correlation and its disappearance are both due to market participants' gradually learning to appreciate the difference between good-governance and... View Details

Keywords: Corporate Governance; Investment Return; Operations; Performance; Value; Learning; Business Earnings; Behavioral Finance

11 Feb 2015
Research & Ideas

Politicians Benefited From Using Toxic Loans

opting for the short-term benefits in spite of the risks?” "There is no doubt the transactions were very risky, as interest rates on these loans frequently exceeded 20 percent," says Boris Vallée, an assistant professor in the Finance... View Details

Keywords: by Carmen Nobel; Financial Services

24 Jul 2013
Op-Ed

Detroit Files for Bankruptcy: HBS Faculty Weigh In

are steps that major players working together in metropolitan areas can do to save their cities: When it comes to the elements of soft infrastructure such as education and healthcare, it's essential to create an environment for capital,... View Details

Keywords: by John Macomber, Robert C. Pozen, Eric D. Werker & Benjamin Kennedy; Auto

April 2008 (Revised January 2009)
Teaching Note

Finance: An Introductory Online Course

By: Timothy A. Luehrman

Teaching Note for 208719 View Details

Keywords: Finance; Curriculum and Courses

19 May 2003
Lessons from the Classroom

Business Plan Winner Targets India Dropouts

e-mail interview, HBS Working Knowledge talked with team member Raj De Datta to hear more about the plan and next steps for Gyaana.Tishler: What inspired you to develop Gyaana? De Datta: The genesis of Gyaana came from two observations: the critical importance of View Details

Keywords: by Carla Tishler; Financial Services

December 2019
Article

Invest in Information or Wing It? A Model of Dynamic Pricing with Seller Learning

By: Guofang Huang, Hong Luo and Jing Xia

Pricing idiosyncratic products is often challenging because the seller, ex ante, lacks information about the demand for individual items. This paper develops a model of dynamic pricing for idiosyncratic products that features the optimal stopping structure and a seller... View Details

Keywords: Dynamic Pricing; Idiosyncratic Products; Item-specific Demand; Demand Uncertainty; Active Seller Learning; The Value Of Information; Price; Information; Value; Learning

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March 2001
Case

FIRST: For Inspiration and Recognition of Science and Technology

By: William A. Sahlman

Describes some strategic and financial issues confronting the founder and executive director of a not-for-profit organization dedicated to improving awareness of and interest in science and technology among elementary and high school students. The organization sponsors... View Details

Keywords: Middle School Education; Finance; Nonprofit Organizations; Cognition and Thinking; Strategy; Technology

March 2022 (Revised March 2022)
Case

Transformation at Loyola New Orleans (A)

By: David Fubini and Patrick Sanguineti

In August of 2018, Tania Tetlow is inaugurated as President of Loyola University New Orleans, in the midst of turmoil. Prior to her start, the university was given a final warning to land a balanced budget by year's end by its accreditors or risk facing probation. It... View Details

Keywords: Higher Education; Financial Condition; Crisis Management; Change Management; Trust; Transformation; New Orleans

Educators