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  • All HBS Web  (1,276)
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  • All HBS Web  (1,276)
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    • News  (121)
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    Aiyesha Dey

    Aiyesha Dey has been part of the Accounting and Management unit at the Harvard Business School (HBS) since July 2017. She started her career as an accounting faulty at the Booth School of Business, University of Chicago, after which she joined the accounting group at... View Details
    • May 2014
    • Article

    Dynamics of Demand for Index Insurance: Evidence from a Long-Run Field Experiment

    By: Shawn A. Cole, Daniel Stein and Jeremy Tobacman
    This paper estimates how experimentally-manipulated experiences with a novel financial product, rainfall index insurance, affect subsequent insurance demand. Using a seven-year panel, we develop three main findings. First, recent experience matters for demand,... View Details
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    Cole, Shawn A., Daniel Stein, and Jeremy Tobacman. "Dynamics of Demand for Index Insurance: Evidence from a Long-Run Field Experiment." American Economic Review: Papers and Proceedings 104, no. 5 (May 2014): 284–290.
    • 2016
    • Working Paper

    The Attenuating Effect of Banking Relationships on Credit Market Disruption

    By: Stefan Dimitriadis and Mike Horia Teodorescu
    This article examines how the relationship between banks and corporations moderates the effect of credit market disruptions. The 2008-09 financial crisis led to a dramatic restriction in the supply of credit to corporations via the syndicated loan market... View Details
    Keywords: Banks and Banking; Relationships; Financial Markets; System Shocks; Banking Industry; United States
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    Dimitriadis, Stefan, and Mike Horia Teodorescu. "The Attenuating Effect of Banking Relationships on Credit Market Disruption." Working Paper, July 2016.
    • 07 Jul 2008
    • Research & Ideas

    Innovation Corrupted: How Managers Can Avoid Another Enron

    or fail to analyze the utter breakdown in board governance and Enron's internal controls, and the failure of credit rating agencies to blow the whistle," he says. "They also overlook the collusion of investment banks in misrepresenting the true View Details
    Keywords: by Martha Lagace; Energy; Utilities

      Modern Project Finance: A Casebook

      Written as a guide to the dynamic and increasingly important field of project finance, this casebook provides detailed descriptions and analysis of 20 project-financed transactions. Other books describe what project finance is and how it works.  In this book, Benjamin... View Details
      • July 1997
      • Article

      The Presidio Trust legislation: Preservation or Privatization?

      By: Brian Trelstad
      This analysis of the Presidio Trust legislation places the recent developments on the Presidio in the context of a century and a half of environmental planning. By first exploring the Presidio's history, and then tracing the more recent legislative background to the... View Details
      Keywords: Presidio; Presidio Trust; National Parks; Urban Parks; Public-private Management; Natural Environment; Urban Scope; Planning
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      Trelstad, Brian. "The Presidio Trust legislation: Preservation or Privatization?" Urban Ecosystems 1, no. 3 (July 1997): 135–153.

        Initial Coin Offering (ICO) Success and Post-ICO Performance

        We compile a comprehensive data set of initial coin offerings (ICOs) from 19 data sources including 11 ICO aggregators. We alleviate severe limitations of available ICO data by performing the first systematic analysis of ICO data quality. We use our data set to... View Details
        • April 2008
        • Tutorial

        Finance: An Introductory Online Course

        By: Timothy A. Luehrman, Brenda W. Chia and Michelle Rendall
        The Finance Online Course provides a fundamental understanding of the principles, analytical tools, and knowledge needed to make good investment and financing decisions. The course introduces students to finance ratios, forecasting methods, capital structure theory,... View Details
        Keywords: Financial Management; Forecasting and Prediction; Investment; Corporate Finance
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        "Finance: An Introductory Online Course." Harvard Business School Tutorial 208-719, April 2008.
        • December 2014
        • Article

        No Margin, No Mission? A Field Experiment on Incentives for Public Services Delivery

        By: Nava Ashraf, Oriana Bandiera and B. Kelsey Jack
        A substantial body of research investigates the effect of pay for performance in firms, yet less is known about the effect of non-financial rewards, especially in organizations that hire individuals to perform tasks with positive social spillovers. We conduct a field... View Details
        Keywords: Incentives; Non-monetary Rewards; Intrinsic Motivation; Motivation and Incentives; Employees; Service Industry; Health Industry
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        Ashraf, Nava, Oriana Bandiera, and B. Kelsey Jack. "No Margin, No Mission? A Field Experiment on Incentives for Public Services Delivery." Journal of Public Economics 120 (December 2014): 1–17.
        • January 2025
        • Case

        Hebbia: Redefining Productivity for Knowledge Workers Using AI

        By: Suraj Srinivasan and Minoshka Narayan
        In early 2025, George Sivulka, founder and CEO of Hebbia, reflected on the company’s rapid ascent as a pioneer in GenAI-powered productivity tools for knowledge workers. With its proprietary technology, Hebbia had redefined information retrieval and analysis and earned... View Details
        Keywords: Transformation; Customer Relationship Management; AI and Machine Learning; Innovation and Management; Innovation Strategy; Service Delivery; Technological Innovation; Growth and Development Strategy; Competitive Strategy; Financial Services Industry; Financial Services Industry; Financial Services Industry; United States; New York (city, NY)
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        Srinivasan, Suraj, and Minoshka Narayan. "Hebbia: Redefining Productivity for Knowledge Workers Using AI." Harvard Business School Case 125-075, January 2025.
        • 23 Aug 2021
        • Research & Ideas

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

        After the 9/11 terrorist attacks, the FBI shifted financial resources and hundreds of agents toward combatting terrorism, unintentionally weakening the agency’s ability to investigate white-collar crime in America, research shows. As a... View Details
        Keywords: by Jay Fitzgerald
        • 2016
        • Working Paper

        Options-Pricing Formula with Disaster Risk

        By: Robert J. Barro and Gordon Y. Liao
        A new options-pricing formula applies to far-out-of-the money put options on the overall stock market when disaster risk is the dominant force, the size distribution of disasters follows a power law, and the economy has a representative agent with Epstein-Zin utility.... View Details
        Keywords: Option Pricing; Rare Disaster; Price; Stock Options; Financial Crisis
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        Barro, Robert J., and Gordon Y. Liao. "Options-Pricing Formula with Disaster Risk." NBER Working Paper Series, No. 21888, January 2016.
        • August 2008
        • Case

        Thoma Bravo - Citect Corporation Take-Private

        In 2006, Citect Corporation, a publicly traded Australian software company, was the target of a takeover battle between a financial sponsor and a strategic buyer. Thoma Bravo, the U.S.-based private equity firm, had to decide on its acquisition strategy in the face of... View Details
        Keywords: Mergers and Acquisitions; Private Equity; Investment; Negotiation Deal; Privatization; Valuation; Australia
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        El-Hage, Nabil N., and Michelle Cathryne Simon. "Thoma Bravo - Citect Corporation Take-Private." Harvard Business School Case 209-022, August 2008.
        • 2008
        • Working Paper

        Welfare Payments and Crime

        By: C. Fritz Foley
        This paper tests the hypothesis that the timing of welfare payments affects criminal activity. Analysis of daily reported incidents of major crimes in twelve U.S. cities reveals an increase in crime over the course of monthly welfare payment cycles. This increase... View Details
        Keywords: Crime and Corruption; Motivation and Incentives; Welfare; United States
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        Foley, C. Fritz. "Welfare Payments and Crime." NBER Working Paper Series, No. 14074, June 2008.
        • July 2016
        • Article

        Kicking Off Social Entrepreneurship: How A Sustainability Orientation Influences Crowdfunding Success

        By: Goran Calic and Elaine Mosakowski
        Research generally suggests that, relative to commercial entrepreneurs, social entrepreneurs stand at a disadvantage at acquiring resources through traditional financial institutions. Yet interest in social entrepreneurship appears to be at an all-time high. The... View Details
        Keywords: Crowdfunding; Entrepreneurial Finance; Social Entrepreneurship; Capital; Environmental Sustainability
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        Calic, Goran, and Elaine Mosakowski. "Kicking Off Social Entrepreneurship: How A Sustainability Orientation Influences Crowdfunding Success." Journal of Management Studies 53, no. 5 (July 2016): 738–767.
        • 2009
        • Working Paper

        Watch What I Do, Not What I Say: The Unintended Consequences of the Homeland Investment Act

        By: Dhammika Dharmapala, C. Fritz Foley and Kristin J. Forbes
        This paper analyzes the impact on firm behavior of the Homeland Investment Act of 2004, which provided a one-time tax holiday for the repatriation of foreign earnings by U.S. multinationals. The analysis controls for endogeneity and omitted variable bias by using... View Details
        Keywords: Investment; Multinational Firms and Management; Government Legislation; Taxation; Business and Shareholder Relations; Behavior; United States
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        Dharmapala, Dhammika, C. Fritz Foley, and Kristin J. Forbes. "Watch What I Do, Not What I Say: The Unintended Consequences of the Homeland Investment Act." NBER Working Paper Series, No. 15023, June 2009.
        • July 1997 (Revised September 1997)
        • Case

        Identify the Industries--1996

        By: William J. Bruns Jr., Sharon M McKinnon and Jeremy Cott
        Common-size balance sheets and financial ratios are given for thirteen companies. Students must identify which company is in which of thirteen industries. Gives students practice in using financial ratios and exploring financial characteristics of companies and... View Details
        Keywords: Analysis; Supply and Industry; Financial Statements
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        Bruns, William J., Jr., Sharon M McKinnon, and Jeremy Cott. "Identify the Industries--1996." Harvard Business School Case 198-017, July 1997. (Revised September 1997.)

          Richard F. Meyer

          Richard F. Meyer is Professor of Business Administration at the Harvard Business School. Professor Meyer received his Ph.D. from Harvard University and spent the first ten years of his career in the Management Services Division of Arthur D. Little, Inc., serving as a... View Details
          • 17 Jul 2019
          • News

          Leading with Trust

          • November 1985 (Revised August 1997)
          • Case

          Harnischfeger Corp.

          By: Krishna G. Palepu
          Presents an analysis of Harnischfeger's quality of earnings, and the investment potential of the company's stock in light of the company's turnaround strategy. View Details
          Keywords: Financial Condition; Revenue; Stock Shares; Profit; Economic Growth; Financial Reporting; Growth and Development; Growth and Development Strategy; Safety; Utilities Industry
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          Palepu, Krishna G. "Harnischfeger Corp." Harvard Business School Case 186-160, November 1985. (Revised August 1997.)
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