Publications

August 2020 (Revised May 2021)
Case

PayPal: The Next Chapter

By: Michael Porter, Mark Kramer and Annelena Lobb

Can a social purpose and stakeholder capitalism confer a powerful competitive advantage in the age of COVID-19? For PayPal, the answer is yes. After spinning off from eBay in a 2015 IPO, the company declared its purpose as "democratizing financial services" by ensuring... View Details

Keywords: Mission and Purpose; Finance; Business and Stakeholder Relations; Social Entrepreneurship; Competitive Advantage; Financial Services Industry

Web

Entrepreneurial Management Awards & Honors - Faculty & Research

one of 100 Black Board Members Making a Difference by Board Prospects in 2024. Archie L. Jones : Received the 2024 Dr. James I. Cash Advancing Pathways Award. Olivia S. Kim : Winner of the 2024 Best Paper Award at the Red Rock Finance... View Details

06 Jul 2016
What Do You Think?

How Do We Pay for the Costs of Globalization?

political process.(including Marco’s comment that “political campaign financing is a related issue”). Those proposing remedies implicitly seemed to agree with RCW’s comment that, “Historic thinking seems to be: ‘It will all work itself... View Details

Keywords: by James L. Heskett; Manufacturing

24 May 2017
News

John J. Brennan, MBA 1980

Return to Alumni Achievement Awards main page TIMELINE 1954 Born, Boston, Massachusetts 1976 Earns BA, Economics, Dartmouth College 1976 Joins New York Bank for Savings 1980 Earns MBA 1980 Joins S.C. Johnson & Son 1982 Joins the Vanguard Group 1989 Named President,... View Details

Keywords: Susan Young

21 May 2021
Blog Post

Alumni Spotlight: Cissy Chen (MBA 2019)

wanted to leverage my knowledge & experience in finance to focus on making a difference in my home region of Asia through impact investing. In China, for example, the sector lacks quite a bit with regards to human capital and... View Details

07 Dec 2022
Blog Post

2022 Climate Symposium: Tackling Climate Together

discussions featuring industry experts in the following areas: Energy Transition; Ag-Tech Innovations; Consumer Driven Sustainability; Living with Climate Change; Early Stage Climate Investing; Scaling Carbon Markets; Climate Mitigation & Adaptation in the Built... View Details

21 Jan 2022
Blog Post

How HBS Financial Aid Can Help You Meet the Cost of Your MBA

way. I wish you the best of luck as you advance your education and your career. You have so many exciting opportunities in front of you - don’t let financing get in the way of pursuing your MBA! View Details

June 2015
Case

Ethiopia: An Emerging Market Opportunity?

By: John A. Quelch and Sunru Yong

This case centers on the potential and challenges of entering an emerging market. It provides a brief overview of the Ethiopian market, market reforms and policies, and the business environment faced by foreign companies. Three multinational businesses, CareCo, ShoeCo,... View Details

Keywords: Multinational Firms and Management; Emerging Markets; Foreign Direct Investment; Ethiopia

September 2021 (Revised March 2024)
Case

Tesla in 2023: 'Electrified' Competition

By: Eric Van den Steen, Ramon Casadesus-Masanell and Karen Elterman

Over its 17 years in existence, Tesla had redefined people’s view of electric cars, and in 2020, the company saw its stock rise by more than 700% to became the most valuable carmaker in the world. In December 2020, Tesla celebrated its fifth consecutive quarter of... View Details

Keywords: Barrier To Entry; Competitive Advantage; Innovation; Tesla; Automotive Industry; Sustainable Competitive Advantage; Values; Vision; Learning By Doing; Economies Of Scale; Electric Vehicle; Scenario Planning; Batteries; Competitive Strategy; Product Positioning; Profit; Competition; Industry Growth; Auto Industry

15 Jun 2021
News

Keeping Hourly Workers Focused on the Stock, Not the Clock

Illustration by Lincoln Agnew Pete Stavros (MBA 2002) got his first lessons in labor relations as a kid at the dinner table, when his father, who operated a road grader at construction sites, told the family about his day. The elder Stavros earned an hourly wage and... View Details

Keywords: April White; Management of Companies and Enterprises; Management

Research Summary

Experiments in Financial Democracy: Corporate Governance and Financial Development in Brazil, 1882-1950 (BOOK)

In my first book manuscript, Experiments in Financial Democracy, I challenge the idea that it was colonial institutions that sent Brazil, a civil law country, down a particular path of corporate governance and finance. Detailed archival research reveals... View Details

August 2011 (Revised July 2012)
Case

Mike Mayo Takes on Citigroup (A)

By: Suraj Srinivasan and Amy Kaser

The case details the conflict between Mike Mayo, an influential banking analyst and Citigroup about what Mayo considers aggressive accounting policies. Mike Mayo questions Citigroup's lack of a valuation allowance against their Deferred Tax Assets despite Citi's recent... View Details

Keywords: Accounting; Taxation; Capital; Financial Reporting; Corporate Disclosure; Valuation; Banks and Banking; Financial Strategy; Money; Conflict Management; Capital Budgeting; Asset Management; Banking Industry

October 2023
Article

Clinician Response to Patient Medication Prices Displayed in the Electronic Health Record

By: Anna D Sinaiko, Caroline E Sloan, Mark J Soto, Olivia Zhao, Chen-Tan Lin and Foster R Goss

Keywords: Prescription Drugs; Electronic Health Records; Physicians; Prescription Drug Costs; Health Care and Treatment; Price; Health Industry

Find at Harvard

December 2019 (Revised March 2020)
Case

Impossible Foods

By: Jose B. Alvarez and Natalie Kindred

Impossible Foods founder and CEO Pat Brown started the company out of concern over livestock production’s impact on climate change. Impossible’s mission is to end consumption of animals by 2035, and its strategy is to develop and market plant-based foods so similar to... View Details

Web

Faculty - U.S. Competitiveness

Faculty Project Co-chair Michael E. Porter Bishop William Lawrence University Professor, Emeritus Project Co-chair Jan W. Rivkin C. Roland Christensen Professor of Business Administration Mihir A. Desai Mizuho Financial Group Professor of View Details

1972
Chapter

The Capital Asset Pricing Model: Some Empirical Tests

By: Fischer Black, Michael C. Jensen and Myron Scholes

Keywords: Capital; Asset Pricing; Mathematical Methods

June 1975 (Revised September 2004)
Case

Angus Cartwright III

By: Kenneth J. Hatten, William J. Poorvu, Howard H. Stevenson, Arthur I. Segel and John H. Vogel, Jr.

Judy and John DeRight, looking to diversify their investment portfolios, have retained Angus Cartwright, Jr. to identify prospective real estate acquisitions. Mr. Cartwright has four potential properties that he feels merit an in-depth financial analysis. The case... View Details

Keywords: Acquisition; Cash Flow; Investment Return; Investment Portfolio; Taxation; Balanced Scorecard; Valuation