Credit Rating Agencies - Publications - Faculty & Research

25 Oct 2020
Research & Ideas

The Dark Side of Fintech Borrowing

from one of the three major credit reporting agencies over several years. This offered an in-depth look at borrowers that either used a fintech company or a bank to obtain a personal loan. (A personal loan... View Details

Keywords: by Rachel Layne; Financial Services; Banking

18 Jun 2020
Research & Ideas

What Is an "Essential" Purchase for a Low-Income Family?

refugees were shamed on social media after being photographed with smartphones, and federal agencies have reprimanded how lower-income individuals spend relief funds after natural disasters. Even groceries aren't safe, Hagerty and Barasz... View Details

Keywords: by Rachel Layne

30 Jun 2022
HBS Case

Peloton Changed the Exercise Game. Can the Company Push Through the Pain?

extension,” Dolan says. “Foley pioneered the interactive-exercise market, and [people] give him credit for that. Innovation is great, but if you haven’t figured out a renovation strategy [for the long term], you can drive yourself into a... View Details

Keywords: by Lane Lambert; Media & Broadcasting; Health; Bicycle

18 May 2022
Research & Ideas

Are Banks the ‘Bad Guys’? Overdraft Fees Are Crushing Low-Income Customers

bouncing and charging the account another $70 in overdraft fees. Failing to pay those multiplying fees can lead the bank to close accounts—a stain on a consumer’s record that can have lasting ramifications. ChexSystems, the main consumer reporting View Details

Keywords: by Rachel Layne; Financial Services

20 Apr 2011
Research & Ideas

Blind Spots: We’re Not as Ethical as We Think

with Lehman's books because noticing was not in Ernst & Young's interest. We can tell the same story with the security rating agencies and their role in our recent financial collapse. Q: The book is a... View Details

Keywords: by Sean Silverthorne

13 Aug 2012
Research & Ideas

When Good Incentives Lead to Bad Decisions

application on a scale of 0 to 100. Loan approvals were not contingent on a minimum score. "This approach is common practice for consumer and small-enterprise loans for which the bank records internal ratings but does not use... View Details

Keywords: by Carmen Nobel; Banking

29 Apr 2014
First Look

First Look: April 29

Fukuyoshi and Yoshiki Ishikawa had helped to improve cancer screening rates in Japan. Between 2005 and 2007, awareness of breast cancer in Japan rose from 55% to 70%, but the incidence of breast cancer screenings remained constant. Jun... View Details

Keywords: Sean Silverthorne

04 Mar 2024
Research & Ideas

Want to Make Diversity Stick? Break the Cycle of Sameness

men to the bench. “There was plenty of evidence showing Trump wasn’t particularly pro-diversity,” says Chang, noting that Trump had issued a memo telling federal agencies to halt diversity trainings because they were “un-American.” “It... View Details

Keywords: by Michael Blanding

05 May 2009
First Look

First Look: May 5, 2009

Psychology (forthcoming) Abstract This study examined the convergent and construct validity of ratings of individual creative contributions in a team context. A sample of 201 employees and supervisors, working on 26 team projects,... View Details

Keywords: Martha Lagace

01 Oct 2001
Research & Ideas

How To Make Restructuring Work for Your Company

restructuring process be managed and the many barriers to restructuring overcome so that as much value is created as possible? 3. Marketing. How should the restructuring be explained and portrayed to investors so that value created inside the company is fully View Details

Keywords: by Stuart C. Gilson

21 Jun 2011
First Look

First Look: June 21

performance data, in their decisions. These decision-making patterns are associated with large and systematic differences in learning rates across business units. Learning is concentrated in business units with "loose... View Details

Keywords: Sean Silverthorne

13 Mar 2023
Research & Ideas

What Would It Take to Unlock Microfinance's Full Potential?

In the 50 years since modern microfinance was introduced as a tool to fight poverty, institutions have distributed hundreds of millions of loans to people in developing countries. Such loans are repaid at rates often as high as 98... View Details

Keywords: by Jen McFarland Flint; Financial Services

20 Dec 2016
First Look

December 20, 2016

predicted ratings and rating adjustments. These results, however, weaken when incumbent rating agencies face increased competition from other... View Details

Keywords: Carmen Nobel

23 Aug 2021
Research & Ideas

Why White-Collar Crime Spiked in America After 9/11

country densely populated by Muslim residents, such as in Michigan, New Jersey, and New York, among other regions. The study suggests the agency put these areas under greater scrutiny due to the involvement of Islamic extremists in the... View Details

Keywords: by Jay Fitzgerald

26 Feb 2019
First Look

New Research and Ideas, February 26, 2019

https://www.hbs.edu/faculty/Pages/item.aspx?num=55694 forthcoming Journal of Monetary Economics U.S. Monetary Policy and Emerging Market Credit Cycles By: Bräuning, Falk, and Victoria Ivashina Abstract— Foreign banks’ lending to firms in... View Details

Keywords: Dina Gerdeman

16 Jul 2013
First Look

First Look: July 16

need to reduce consumption and subjective well-being improves significantly. Precautionary savings and credit therefore act as substitutes in providing self-insurance, and participants prefer saving more when given the choice. Take-up... View Details

Keywords: Anna Secino

01 Nov 1999
Research & Ideas

John H. Patterson and the Sales Strategy of the National Cash Register Company, 1884 to 1922

create a method of sales management that encompassed all aspects of selling, from the calculation of quotas and commission rates to the motivation of discouraged salesmen. This excerpt looks at one aspect of the Patterson method: the... View Details

Keywords: by Walter A. Friedman

07 Jul 2021
Book

Good News for Disgraced Companies: You Can Regain Trust

take this seriously, it can be done." “Michelin wasn’t just being collaborative for the sake of being collaborative,” Sucher and Gupta write. “Its instincts were excellent.” Michelin is once again known for its restaurant ratings and... View Details

Keywords: by Lane Lambert

31 Jul 2012
First Look

First Look: July 31

large due to either product characteristics or the distance between exporter and importer. Finally, we find that in countries with well-developed finance, total exports and the allocation of exports across importers are more sensitive to exchange View Details