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  • October 2023 (Revised April 2024)
  • Case

Accounting Red Flags or Red Herrings at Catalent? (A)

By: Joseph Pacelli, ZeSean Ali and Tom Quinn
Fund manager Janet Curie asked for a recommendation about the pharmaceutical company Catalent. The company seemed like a solid investment. However, a pair of research reports issued over the previous two months complicated this narrative. GlassHouse Research, a short... View Details
Keywords: Accounting Audits; Budgets and Budgeting; Earnings Management; Cost Accounting; Fair Value Accounting; Revenue Recognition; Integrated Corporate Reporting; Fairness; Moral Sensibility; Values and Beliefs; Government Legislation; Conflict of Interests; Announcements; Blogs; Debates; Investment; Trust; Business and Shareholder Relations; Pharmaceutical Industry; Accounting Industry; United States
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Pacelli, Joseph, ZeSean Ali, and Tom Quinn. "Accounting Red Flags or Red Herrings at Catalent? (A)." Harvard Business School Case 124-024, October 2023. (Revised April 2024.)
  • 22 May 2020
  • In Practice

Post-COVID Health Care: More Screens, Less Red Tape?

together to support community health There will be more recognition of the interconnected systems that account for the need for care, access to care, and care outcomes. The availability of jobs and their safety, housing density and... View Details
Keywords: by Danielle Kost
  • 11 Jul 2012
  • Research & Ideas

The Future of Boards

think there's a movement away from maximizing shareholder value as the primary focus and motivation for a corporation's existence, and toward a growing recognition that companies are economic institutions that provide benefits to many... View Details
Keywords: by Julia Hanna
  • 05 Apr 2011
  • First Look

First Look: April 5

multiple ways and installing reward and recognition programs. It also establishes new programs to align the extensive networks of suppliers and dealers to the strategy. But after a sharp decline in sales triggered by the global financial... View Details
Keywords: Sean Silverthorne
  • 03 Jan 2007
  • First Look

First Look: January 3, 2007

Kendall Square Research was a small competitor in the supercomputer industry. Sales grew rapidly in 1992 and early 1993 and the company sold stock to the public for the first time. Analysts forecast higher earnings for 1993, then the company's revenue View Details
Keywords: Sean Silverthorne
  • 03 Jul 2012
  • Research & Ideas

HBS Faculty on Supreme Court Health Care Ruling

hospitals. For example, the law formalized the growing recognition that providers must work together to manage both the cost and quality of care rather than continue to battle with each other for payments based largely on the number of... View Details
Keywords: Re: Multiple Faculty; Health
  • 01 Nov 1999
  • Lessons from the Classroom

What’s Next & So What? Leading in the 21st Century

going to have the power and the passion to fundamentally change it. For example, almost half of Sony's profits now come from a guy who six or seven years ago was a lowly engineer in corporate R&D. He had to fight his way up the hierarchy to ultimately find View Details
Keywords: by Staff
  • 06 Sep 2011
  • Research & Ideas

How Small Wins Unleash Creativity

as so fundamental to leading people that it went without saying. Maybe more formal inquiries would reveal a recognition of the progress principle. To find out, we created a survey in which 669 managers ranked the importance of five... View Details
Keywords: by Carmen Nobel
  • 21 Jan 2014
  • First Look

First Look: January 21

several mechanisms: by conferring employer recognition, by enhancing social visibility, and by facilitating social comparison. In a nationwide health worker training program in Zambia, we design a field experiment to unbundle these mechanisms. We find that employer... View Details
Keywords: Sean Silverthorne
  • 11 Nov 2014
  • First Look

First Look: November 11

http://hbr.org/product/cree-inc-introducing-the-led-light-bulb/an/515026-PDF-ENG Harvard Business School Case 115-011 Virtual Revenue Recognition No abstract available. Purchase this case:... View Details
Keywords: Sean Silverthorne
  • 19 Jul 2011
  • First Look

First Look: July 19

Abstract Revenue recognition and measurement principles can conflict with liability recognition and measurement principles. We explore here under different market conditions when the two measurement... View Details
Keywords: Sean Silverthorne
  • 09 Jan 2007
  • First Look

First Look: January 9, 2007

Purchase this note: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=607047 The Pine Street Initiative at Goldman Sachs Harvard Business School Case 407-053 Purchase this case: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=407053 Revenue... View Details
Keywords: Martha Lagace
  • 12 Oct 1999
  • Research & Ideas

Confronting the Challenges that Face Bricks-and-Mortar Stores

continue to evolve. Performance improves and prices drop. Today, artificial intelligence is used in the selection of retail sites and to facilitate one-to-one marketing programs; voice recognition routes callers to specific store... View Details
Keywords: by Raymond Burke; Retail
  • 28 Jan 2002
  • Research & Ideas

Read All About It! Newspapers Lose Web War

and managers are able to commit aggressively with the recognition that the disruptive business might eventually attack the core business. Unfortunately, threat-induced response also leads to very rigid behavior. We found that despite... View Details
Keywords: by Sean Silverthorne; Entertainment & Recreation; Information; Publishing
  • 19 Jun 2018
  • First Look

New Research and Ideas, June 19, 2018

broad sell-off in the shares of grocery retailers and suppliers. Behind the precipitous declines lay recognition that Amazon’s bold move into brick and mortar assets offered transformational opportunities. Amazon could gain expertise in... View Details
Keywords: Dina Gerdeman
  • 24 Jan 2017
  • First Look

First Look at New Research: January 24, 2017

consequently, the implications of strategic interaction for strategic choice. While the literature broadly recognizes the importance of such costs, game-theoretic treatments of major strategic change, with very limited exceptions, have not addressed them meaningfully.... View Details
Keywords: Sean Silverthorne
  • 20 Jan 2010
  • First Look

First Look: Jan. 20

District. He was up against Rep. Clay Shaw, a popular 26-year incumbent with significant name recognition in the district. Leading up to the election, Klein's campaign manager realized that Klein had to find a way to relate to his voters... View Details
Keywords: Martha Lagace
  • 19 Sep 2012
  • Research & Ideas

Funding Innovation: Is Your Firm Doing it Wrong?

focus not just on financial rewards but on recognition as well. To that end, Lerner recommends that firms host innovation contests, wherein individuals or teams receive prizes for solving internal problems or creating new products—noting... View Details
Keywords: by Carmen Nobel
  • 04 Feb 2008
  • Research & Ideas

Putting Entrepreneurship in the Social Sector

recognition with their partners to advance the mission, not their organizations. Q: Social entrepreneurship isn't just for NGOs, nonprofits, and philanthropists. What is the opportunity for corporate social entrepreneurship? A: My... View Details
Keywords: by Sean Silverthorne
  • 12 Mar 2019
  • First Look

New Research and Ideas, March 12, 2019

states were able to build with religion have generated long-term repercussions. Fatefully, both state policies that seek to facilitate equality through the recognition of religious difference and state policies that seek to eradicate such... View Details
Keywords: Dina Gerdeman
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