Publications

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May 1998
Case

Thailand in May and June of 1997

By: Hugo Uyterhoeven

Diagnose the economic situation, evaluate the available options, and recommend a course of action. View Details

Keywords: Economy; Policy; Situation or Environment; Valuation; Thailand

2012
Article

The Cost and Timing of Financial Distress

By: Christopher Parsons

Assessments of the trade-off theory have typically compared the present value of tax benefits to the present value of bankruptcy costs. We verify that this comparison overwhelmingly favors tax benefits, suggesting that firms are under-leveraged. However, when we... View Details

Keywords: Taxation; Insolvency and Bankruptcy

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2011
Article

Fundamental Freedom or Fringe Benefit?: Rice University and the Evolution of Academic Tenure, 1935-1963

In 1935, fewer than half of a sample of seventy-eight prominent universities employed formal tenure policies, but by 1973 almost 100 percent had instituted tenure. The intervening years generated many of the policies that still govern practices at American... View Details

Keywords: Higher Education; Compensation and Benefits; Education Industry

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01 Mar 2023
News

March 2023 Alumni and Faculty Books

Advantage Books Thomas Modly had an eclectic career in the military, academia, business, and government when he answered the call to service in 2017 and returned to the Navy,... View Details

Keywords: Publishing Industries (except Internet); Information

Web

Diversity and Inclusion - Christensen Center for Teaching & Learning

socio-economic status, political and religious affiliation, physical or mental disability, veteran status). This section addresses some potential "blind spots" around student identities View Details

November 2009 (Revised July 2011)
Case

International Lobbying and The Dow Chemical Company (A)

By: Arthur A. Daemmrich

This case explores company strategy, business-government relations, and collective action challenges associated with international and domestic lobbying regarding regulation of the chemical industry. In the fall of 2006, a five-year legislative process for a major new... View Details

Keywords: Governing Rules, Regulations, and Reforms; Government Legislation; Business and Government Relations; Power and Influence; Competitive Advantage; Corporate Strategy; Chemical Industry; Manufacturing Industry; Europe

March 2015
Article

Monetary Policy and Long-Term Real Rates

By: Samuel G. Hanson and Jeremy C. Stein

Changes in monetary policy have surprisingly strong effects on forward real rates in the distant future. A 100 basis point increase in the two-year nominal yield on a Federal Open Markets Committee announcement day is associated with a 42 basis point increase in the... View Details

Keywords: Policy; Interest Rates; Economics

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07 Apr 2020
Research & Ideas

What Customers Need to Hear from You During the COVID Crisis

responding more quickly and effectively to the pandemic than their government was, demonstrating the faith that consumers have in their brands and the companies that stand... View Details

Keywords: by Jill Avery and Richard Edelman

20 Jun 2018
News

CEOs are calling the separation of children and families at the border ‘inhumane’ and ‘tragic’

Corporate Social Responsibility Reporting in China: Symbol or Substance?

This study focuses on how and why firms strategically respond to government signals regarding appropriate corporate activity. We integrate institutional theory with research on corporate political strategy to develop a political dependence model that explains (a) how... View Details

November 2013 (Revised February 2016)
Case

A Long, Bumpy and Unfinished Road: Education Reform in Memphis, Tennessee

By: Allen Grossman, J. Puckett and Nithya Vaduganathan

In 2010 the Memphis City School District merged with the neighboring Shelby County School system under the supervision of a single board of education and superintendent. It promised much more than just administrative synergies—it was an opportunity to change a... View Details

Keywords: Education Reform; Public Education; Business Engagement; Public Sector; Education; Business and Community Relations; Education Industry; Tennessee

10 Jul 2018
First Look

New Research and Ideas, July 10, 2018

infrastructure development came from traditional international sources like the World Bank or African Development Bank, those lenders would worry about foreign exchange, interest rates, and political risk... View Details

Keywords: Dina Gerdeman

2013
Case

Innovation and Development of China Machine Press in the New Century

By: F. Warren McFarlan, Ning Jia and Guo Jia

China Machine Press (CMP), founded in 1952, is a leading multi-field, multi-discipline and multimedia publishing group in China with large scale, comprehensive and specialized business that integrates paper media, audiovisual media and online media, and combines... View Details

Keywords: General Management; Organizational Structure; Strategy; China; China

25 May 2010
News

Commencement and the Winds of Change

2006, addressed graduating HBS students at this year’s Class Day. Born in Cairo, Cohen was 11 when he and his family, along with other Jewish residents, were forced to leave Egypt by the country’s government... View Details

Keywords: Garry Emmons; Finance

10 Jul 2000
Research & Ideas

Privatization and the New European Economy

"Privatization and the Role of the Governments in a Global Economy," the prime candidates for state-run operations clustered around five sectors of the European economy— transportation,... View Details

Keywords: by James E. Aisner; Air Transportation; Transportation

29 Jul 2002
Research & Ideas

Time Pressure and Creativity: Why Time is Not on Your Side

"obstacles to creativity" (time pressure and organizational impediments like political problems, harsh criticism of new ideas, and emphasis on the status quo) View Details

Keywords: by Sean Silverthorne; Education; Fine Arts

October 2002 (Revised March 2004)
Case

Management Earnings Disclosure and Pro Forma Reporting

Introduces a discussion of management earnings disclosure and the growing use of pro forma reporting by corporations. Highlights the background of pro forma reporting, how it has been used in the past couple of years, and what the regulators at the capital markets... View Details

Keywords: Business Earnings; Corporate Disclosure; Financial Reporting; Management Teams