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  • March 1997 (Revised November 1997)
  • Case

Incidents in Foreign Direct Investment

By: Louis T. Wells Jr. and Courtenay Sprague
Presents seven examples (i.e., incidents) of conflict concerning foreign direct investment. The incidents lay the framework for discussion of issues such as the jurisdiction of the WTO and the U.S. position, the Helms-Burton Act of 1996 and its political implications,... View Details
Keywords: Trade; International Finance; Foreign Direct Investment; Laws and Statutes; United States
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Wells, Louis T., Jr., and Courtenay Sprague. "Incidents in Foreign Direct Investment." Harvard Business School Case 797-111, March 1997. (Revised November 1997.)
  • June 1994
  • Case

Letter from an Investment Banker

By: D. Quinn Mills, G. Bruce Friesen and Richard C. Wei
Keywords: Investment Banking; Banking Industry
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Mills, D. Quinn, G. Bruce Friesen, and Richard C. Wei. "Letter from an Investment Banker." Harvard Business School Case 494-061, June 1994.
  • October 1999
  • Case

CIBC Corporate and Investment Banking (C): 1997-1999

By: Joseph L. Bower and Michael Raynor
By 1997 the turnaround of CIBC's troubled investment bank, Wood Gundy, and its integration with corporate banking activities was complete. Marketplace results were encouraging, but scuttled mergers and tumultuous succession issues made the future uncertain. View Details
Keywords: Integration; Investment Banking; Success; Risk and Uncertainty; Management Succession; Mergers and Acquisitions; Financial Services Industry
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Bower, Joseph L., and Michael Raynor. "CIBC Corporate and Investment Banking (C): 1997-1999." Harvard Business School Case 300-043, October 1999.
  • November 2016 (Revised April 2018)
  • Case

Darby's Investment in Sirma: Professionalizing an Entrepreneurial Firm

By: Suraj Srinivasan and Eren Kuzucu
In March 2010, Burak Dalgın (HBS MBA 2004) led private equity firm Darby's investment in Sırma, a local Turkish water and beverage company. Sırma was owned and managed by members of two Turkish business families. The existing management, while being highly... View Details
Keywords: Control Systems; Variance Analysis; Emerging Markets; Debt; Family Ownership; Turkey; Valuation; Business or Company Management; Private Equity; Financial Reporting; Investment; Budgets and Budgeting; Food and Beverage Industry; Turkey
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Srinivasan, Suraj, and Eren Kuzucu. "Darby's Investment in Sirma: Professionalizing an Entrepreneurial Firm." Harvard Business School Case 117-033, November 2016. (Revised April 2018.)
  • 2025
  • Working Paper

Impact Investing and Worker Outcomes

By: Josh Lerner, Markus Lithell and Gordon M. Phillips
Impact investors claim to distinguish themselves from traditional venture capital and growth equity investors by also pursuing environmental, social, and governance (ESG) objectives. Whether they successfully do so in practice is unclear. We use confidential Census... View Details
Keywords: ESG; Corporate Social Responsibility and Impact; Private Equity; Venture Capital; Wages
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Lerner, Josh, Markus Lithell, and Gordon M. Phillips. "Impact Investing and Worker Outcomes." Harvard Business School Working Paper, No. 25-040, February 2025. (Revised May 2025.)
  • January 2023
  • Supplement

Mellody Hobson at Ariel Investments

By: Lakshmi Ramarajan and Francesca Gino
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Ramarajan, Lakshmi, and Francesca Gino. "Mellody Hobson at Ariel Investments." Harvard Business School Multimedia/Video Supplement 423-719, January 2023.
  • November 1983 (Revised April 1984)
  • Case

Minnesota State Board of Investment

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Law, Warren A. "Minnesota State Board of Investment." Harvard Business School Case 284-038, November 1983. (Revised April 1984.)
  • Article

Foreign Investment and Human Rights

By: Debora Spar
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Spar, Debora. "Foreign Investment and Human Rights." Challenge 42, no. 1 (January–February 1999): 55–80.
  • 1988
  • Chapter

Investment Banking: Commercial Banks' Inroads

By: Samuel Hayes
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Hayes, Samuel. "Investment Banking: Commercial Banks' Inroads." Chap. 26 in The Investment Banking Handbook, edited by J. Peter Williamson, 443–456. Wiley Professional Banking and Finance Series. John Wiley & Sons, 1988.
  • March 2012
  • Article

A Guide to Charitable Investing

By: Robert C. Pozen
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Pozen, Robert C. "A Guide to Charitable Investing." Trusts & Trustees 18, no. 3 (March 2012): 185–198.
  • April 1996 (Revised November 1997)
  • Case

Background and Agreements on Foreign Direct Investment

By: Louis T. Wells Jr. and Courtenay Sprague
A brief history of foreign direct investment (FDI) is explored, emphasizing conflicts, developments in the legal framework governing FDI, and international agreements and nonbinding principles formulated to resolve disputes brought in by FDI. Propositions provide a... View Details
Keywords: Foreign Direct Investment; Agreements and Arrangements; Conflict Management
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Wells, Louis T., Jr., and Courtenay Sprague. "Background and Agreements on Foreign Direct Investment." Harvard Business School Case 796-148, April 1996. (Revised November 1997.)
  • 02 Sep 2008
  • Research & Ideas

Indulgence vs. Regret: Investing in Future Memories

afford to buy a $20,000 (and up) watch choose to do otherwise? "Marketers can convince consumers that buying their product is actually a farsighted behavior," Keinan says. "In that sense, consumers are investing in future... View Details
Keywords: by Julia Hanna
  • March 1993 (Revised July 1994)
  • Case

Gerber Products Company: Investing in the New Poland

By: Debora L. Spar
Examines Gerber Products Co.'s evaluation of Alima S.A., one of Poland's largest food processing plants, as a potential overseas investment in 1991. Factors that influenced Gerber's decision are discussed in detail: property rights, taxation issues, and Poland's... View Details
Keywords: Foreign Direct Investment; Food and Beverage Industry; Poland
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Spar, Debora L. "Gerber Products Company: Investing in the New Poland." Harvard Business School Case 793-069, March 1993. (Revised July 1994.)
  • March 2023 (Revised May 2023)
  • Case

Tribal Councils Investment Group of Manitoba Ltd.

By: David L. Ager
In the Fall of 2014, Heather Berthelette, the recently appointed COO of Tribal Councils Investment Group of Manitoba Ltd. (TCIG), was preparing a recommendation to the Board of Directors about whether to dissolve the company and return any remaining funds to the seven... View Details
Keywords: Indigenous Communities; Corporate Governance; Governing and Advisory Boards; Social Enterprise; Economic Growth; Investment Banking; Canada
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Ager, David L. "Tribal Councils Investment Group of Manitoba Ltd." Harvard Business School Case 923-301, March 2023. (Revised May 2023.)
  • February 2015
  • Article

Corporate Investment and Stock Market Listing: A Puzzle?

By: John Asker, Joan Farre-Mensa and Alexander Ljungqvist
We investigate whether short-termism distorts the investment decisions of stock market listed firms. To do so, we compare the investment behavior of observably similar public and private firms using a new data source on private U.S. firms, assuming for identification... View Details
Keywords: Private Ownership; Public Ownership; Corporate Finance
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Asker, John, Joan Farre-Mensa, and Alexander Ljungqvist. "Corporate Investment and Stock Market Listing: A Puzzle?" Review of Financial Studies 28, no. 2 (February 2015): 342–390.
  • July 2005 (Revised March 2010)
  • Case

Foreign Direct Investment and Ireland's Tiger Economy (A)

By: Laura Alfaro, Vinati Dev and Stephen McIntyre
Describes Ireland's transformation from one of Europe's poorest countries to one of its richest in just 10 years, earning it the title Celtic Tiger. The spectacular story of growth and recovery is attributed, in large part, to foreign direct investment (FDI),... View Details
Keywords: Developing Countries and Economies; Economic Growth; Macroeconomics; Foreign Direct Investment; Policy; Business and Government Relations; Republic of Ireland
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Alfaro, Laura, Vinati Dev, and Stephen McIntyre. "Foreign Direct Investment and Ireland's Tiger Economy (A)." Harvard Business School Case 706-007, July 2005. (Revised March 2010.)
  • September 2023 (Revised January 2024)
  • Case

Icahn Enterprises: Ponzi Scheme or Sound Investment

By: Aiyesha Dey, Jonas Heese and James Weber
Icahn Enterprises, a publicly traded limited partnership founded and operated by famed activist investor Carl Icahn, had earned above market returns for over a decade. Between 2018 and early 2023, it had a compound annual return of 31%. Icahn invested in undervalued... View Details
Keywords: Stock Shares; Investment Return; Business Model; Valuation; Financial Services Industry
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Dey, Aiyesha, Jonas Heese, and James Weber. "Icahn Enterprises: Ponzi Scheme or Sound Investment." Harvard Business School Case 124-013, September 2023. (Revised January 2024.)
  • January 1983 (Revised November 1985)
  • Background Note

Note on Investment and Savings

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Rukstad, Michael G. "Note on Investment and Savings." Harvard Business School Background Note 383-086, January 1983. (Revised November 1985.)
  • October 1969 (Revised January 1978)
  • Background Note

Capital Investment Analysis: Chapter 13

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Dearden, John. "Capital Investment Analysis: Chapter 13." Harvard Business School Background Note 169-020, October 1969. (Revised January 1978.)
  • January 2023
  • Teaching Note

Mellody Hobson at Ariel Investments

By: Lakshmi Ramarajan and Rachel Tropp
Teaching Note for HBS Case No. 419-041. View Details
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Ramarajan, Lakshmi, and Rachel Tropp. "Mellody Hobson at Ariel Investments." Harvard Business School Teaching Note 423-047, January 2023.
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