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April 2020 (Revised August 2021)
Case

Singapore: 'Facing Challenges Together'

By: Richard H.K. Vietor

Since its expulsion from Malaysia in 1965, Singapore had transformed itself from a third world island nation into a vibrant city-state with one of the highest levels of GDP per capita in the world. However, sluggish demand among Singapore's major trade partners began... View Details

07 Jan 2019
Research & Ideas

The Better Way to Forecast the Future

Whether it’s booking a hotel, renting a movie, or buying a car, many of us consult multiple reviews before deciding. It’s called aggregating opinions, and we do it without even thinking about it. Crowdsourcing works so well, in fact, says Harvard Business School... View Details

Keywords: by Roberta Holland; Air Transportation; Transportation

18 Jul 2022
Research & Ideas

After the 'Crypto Crash,' What's Next for Digital Currencies?

lot of tech firms make big investments in growth upfront, and then the payoff is long-term in the future. In our current macroeconomic climate, it’s harder for them to find money for those sorts of investments, and so that type of... View Details

Keywords: by Christina Pazzanese, Harvard Gazette; Financial Services; Technology

10 Aug 2009
Research & Ideas

High Commitment, High Performance Management

companies make mistakes that derail and even destroy them. How can companies sustain commitment and performance in this environment? A: Clearly the 2008-2009 economic crisis has some macroeconomic causes. But it can just as easily be... View Details

Keywords: by Martha Lagace

August 2023
Case

Kariyer.net: Recruiting AI

By: Shunyuan Zhang, Fares Khrais and Namrata Arora

In 2017, Fatih Uysal (AMP 2021) became CEO of Kariyer.net. By then, the business was already the industry leading online job board in Turkey. However, faced with stalling growth, a turbulent macroenvironment, and growing competition from international players, Uysal... View Details

Web

Finance Awards & Honors - Faculty & Research

“Valuing Snap After the IPO Quiet Period (A)” with Marco Di Maggio and Greg Saldutte (HBS Case 218-095). Victoria Ivashina : Received the Robert F. Greenhill Award for Outstanding Service to the HBS Community in 2023. Ishita Sen : Winner of the 2023 E-Axes Forum Best... View Details

06 Feb 2013
What Do You Think?

Is ‘Conscious Capitalism’ an Antidote to Income Inequality?

organizations practice it, as evidenced by macroeconomic trends? Is the basic premise even correct, given evidence from Europe, where less inequality prevails alongside slow growth? What do you think? To Read More : Don Delves, The Pay... View Details

Keywords: by James Heskett

26 Nov 2001
Op-Ed

Why Corporate Budgeting Needs To Be Fixed

short of their bonus targets. When they and their companies all react in the same, predictable way—taking big baths by maximizing the bad news—the cumulative effect is to exaggerate the economic weakness, perhaps deepening or extending the recession. View Details

Keywords: by Michael C. Jensen

04 Feb 2013
Research & Ideas

Are the Big Four Audit Firms Too Big to Fail?

decreased reliability over time and sensitive to their growing visibility to regulators and to potential litigation. This result is robust to numerous alternative explanations such as the changing composition of regulators, the growth of fair-value-based accounting,... View Details

Keywords: by Martha Lagace; Accounting

November 2006 (Revised October 2017)
Case

China: 'To Get Rich Is Glorious'

By: Richard Vietor and Julia Galef

In 1978, Deng Xiaoping assumed the leadership of an impoverished China, after Mao Zedong's disastrous Cultural Revolution. During the next 17 years, Deng applied pragmatic policies to liberalize the Chinese economy gradually while maintaining the power of the Communist... View Details

Keywords: History; Leadership; Privatization; Policy; Macroeconomics; Economic Systems; Development Economics; Government and Politics; Business Strategy; Growth and Development Strategy; China

15 Jun 2007
Research & Ideas

Remembering Alfred Chandler

by his work in a significant way. They were part of a generation of historians of Latin America, trained in the United States, who were no longer just interested in macroeconomic history or the history of underdevelopment and dependency,... View Details

Keywords: by Sean Silverthorne

July 2020
Case

Amanda and Kristen: Mented Cosmetics

By: Steven Rogers, Jeffrey J. Bussgang and Alterrell Mills

The co-founders (Black HBS alumnae) of an e-commerce beauty startup explore the unmet needs within the beauty industry. This case study examines the entrepreneurial opportunities that come from identifying an underserved market, specifically within the Black community... View Details

May 2020 (Revised March 2022)
Case

The Coronavirus (COVID-19) Pandemic and the Global Economy (A)

By: Alberto Cavallo and Christian Godwin

In April 2020, the world struggled to contain the exponential escalation of the coronavirus (COVID-19) pandemic. Dozens of countries had imposed restrictions on travel, work, and social gatherings. A large share of the global population was under lockdowns and... View Details

Web

2024 Reunion Presentations - Alumni

Equity through the Economic Cycles Professor Victoria Ivashina No additional materials available + More Info – Less Info This talk is based on a draft of a book that explores the interplay between the evolution of the private equity industry and key policy and View Details

Research Summary

The Value of Family Ownership, Control, and Management

In collaboration with Professor Raphael Amit of Wharton, Belén Villalonga is investigating how family ownership, control, and management affect firm value. Their forthcoming Journal of Financial... View Details

Student-Profile

Rohan Kekre

financial system. The next two years were an incredible learning opportunity, as I got to serve financial services clients reevaluating business strategy in an extremely challenging economic environment. The experience made me interested in questions of bank regulatory... View Details

Web

Institutions, Macroeconomics, and the Global Economy - Course Catalog

and policies is a crucial aspect in taking informed managerial decisions. Adverse macroeconomic and political phenomena can have a catastrophic impact on firm performance: witness the strong companies destroyed by the Mexican tequila... View Details

February 1997 (Revised October 1999)
Case

Shock Therapy in Eastern Europe: The Polish and Czechoslovak Economic Reforms

Provides information on economic reform programs in Poland and Czechoslovakia in 1990. Students are asked to compare and contrast the economic situations in the two countries, as well as the political constraints on reform. View Details

Keywords: Macroeconomics; Poland; Slovakia; Czech Republic