Publications

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October 1993
Supplement

The Analyst's Dilemma (B)

By: Joseph L. Badaracco Jr. and Jerry Useem

Supplements the (A) case. View Details

Keywords: Investment Banking; Ethics; Risk and Uncertainty; Problems and Challenges; Financial Services Industry

2023
Working Paper

The Market for Sharing Interest Rate Risk: Quantities and Asset Prices

By: Umang Khetan, Jane Li, Ioana Neamtu and Ishita Sen

We study the extent of interest rate risk sharing across the financial system using granular positions and transactions data in interest rate swaps. We show that pension and insurance (PF&I) sector emerges as a natural counterparty to banks and corporations: overall,... View Details

Keywords: Interest Rates; Investment Funds; Banks and Banking; Insurance; Investment Banking; Risk and Uncertainty

SSRN

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05 Sep 2006
First Look

First Look: September 5, 2006

Organization 13, no. 5 (September 2006): 653-676 Abstract While early neo-institutional studies did not explicitly tackle the issue of agency, more recent studies about institutional entrepreneurship have brought it to the forefront.... View Details

Keywords: Sean Silverthorne

30 Jan 2017
Research & Ideas

Vanguard, Trian And The Problem With 'Passive' Index Funds

to sponsor a conference at Harvard that will bring together index fund managers, institutional investors, long-term shareholder activists, and company directors and heads to engage in charting the course for what it means to be an engaged... View Details

Keywords: by Michael Blanding; Financial Services

September 2011
Case

China Development Bank

By: Li Jin, Matthew Preble and Aldo Sesia

In May 2011, Chairman Chen Yuan of the China Development Bank (CDB) was thinking back on CDB's financing of a major project between Petroleo Brasileiro SA (Petrobras), Brazil's state-owned oil and gas producer and China Petroleum & Chemical Corporation (Sinopec), one... View Details

Keywords: International Finance; Emerging Markets; Energy Sources; Banks and Banking; Energy Industry; Brazil; China

October 1995
Case

Centex Telemanagement, Inc. (B)

By: William A. Sahlman and Andrew S. Janower

Contains a description of the events surrounding the financing of Centex Telemanagement, Inc. by Sierra Ventures, a venture capital fund. The case is written from the perspective of the venture capitalists and is designed to teach students about the process of venture... View Details

Keywords: Venture Capital; Financing and Loans; Financial Institutions; Business Startups

Web

Workshops & Technical Talks - Research Computing Services

Training Training Workshops & Technical Talks 5ms See below for trainings, reference materials, and resources at Harvard and beyond. R R workshop materials (e.g., Intro to R; R Regression models) from Harvard's Institute for Quantitative... View Details

01 May 2013
News

Experience of a Lifetime

are HBS classmates." The Buchan family "is honored to give back to an institution that has given us so much," says Buchan. "With our contribution, the School has the flexibility to direct resources to priority, high-impact areas. We are... View Details

01 Jan 2009
News

William K. Bowes Jr., MBA 1952

investing in three areas: start-ups, financing initiatives inside established institutions, and larger transformative investments in institutions at inflection points in their missions. Bowes’s board and advisory council positions... View Details

01 Feb 1999
News

Minding Families' Business

guidance," de Gaspé Beaubien says. In 1993, mindful of the challenges facing such families, he and his family founded a nonprofit organization, the Institute for Family Enterprise. Based in Montreal, the View Details

Keywords: Daniel Penrice

07 Jul 2009
Research Event

Business Summit: Historical Roots of Globalization

this breakout session, panelists shared insights, informed by history, of the convergence that globalization promotes. Each focused on convergence from a different reference point: institutional convergence (in financial systems), policy... View Details

Keywords: Re: Multiple Faculty

Forthcoming
Article

FinTech Lending and Cashless Payments

By: Pulak Ghosh, Boris Vallée and Yao Zeng

Borrower's use of cashless payments both improves their access to capital from FinTech lenders and predicts a lower probability of default. These relationships are stronger for cashless technologies providing more precise information, and for outflows. Cashless payment... View Details

Keywords: Fintech; Lending; Payments; Data Sharing; Financing and Loans; Information Technology; Banks and Banking; Business Model

March 2011 (Revised December 2017)
Background Note

The IMF: The Washington Consensus, the Critics, and the New Challenges as China Rises

By: Rafael M. Di Tella, Natalie Kindred and Monica Baraldi

How the International Monetary Fund (IMF) defines and carries out its mandate has evolved considerably since 1944, when it was founded to serve a vital but narrow function in maintaining the global foreign exchange system and thus enabling international trade. This... View Details

Keywords: History; International Finance; Globalized Economies and Regions; Trade; Financial Institutions; Macroeconomics; Financial Services Industry

August 1985 (Revised February 2003)
Case

Paul Volcker and the Federal Reserve: 1979-1982

Describes three years of the Volcker monetary policy experiment. The Federal Reserve changed the focus by its operating procedure from an interest rate instrument to a reserve instrument and it reaffirmed its commitment to hitting its preannounced monetary growth... View Details

Keywords: Policy; Financial Institutions; United States

20 Apr 2009
Research & Ideas

Misgovernance at the World Bank

Indeed, a majority of the Bank's 185-member countries never receive a chance to sit at the table, suffering in tangible and less-tangible ways in terms of continued poverty for their people. In 2008 the World Bank's two main development View Details

Keywords: by Martha Lagace

01 Apr 1999
News

Time to Vote in University Elections

and to the institutional excellence to which Harvard aspires; to provide advice to the Corporation; to give formal consent to major initiatives as referred by the Corporation and to appointments; and to bring a long-range perspective to... View Details

07 Aug 2006
Research & Ideas

Whatever Happened to Caveat Emptor?

Trumbull, that unfettered marketplace has "virtually disappeared." "Today, arguably no other economic actor in the advanced industrial countries—not the investor, not the worker, not the welfare recipient—enjoys a more thorough set of legal and View Details

Keywords: by Sean Silverthorne; Retail

21 Sep 2017
Cold Call Podcast

State Street’s SHE: Investing in Women Leaders

Keywords: Re: Vikram Gandhi; Financial Services

February 2023
Case

All Options on the Table: The Haber Family

By: Lauren Cohen, Grace Headinger and Juan Ruiz

Frida Jassan Haber, second-generation Chief Financial Officer of Haber Holdings, deliberated over the right family office solution for their family’s needs. After years of working with trusted private bankers, the family had decided to pursue other options that offered... View Details

Keywords: Latin America; Mexico; Family Business; Financial Institutions; Decision Making; Fashion Industry; Financial Services Industry; Latin America; Mexico