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  • 01 Jun 1997
  • News

Sorting Myth from Reality at Hong Kong Conference

dynamism. China's economy, he reported, has been growing at a rate of over 10 percent a year in this decade, on a scale the world has never known. China's chaos stems from the lack of preparation before reforms began - including a lack of... View Details
Keywords: Alejandro Reyes
  • 12 Sep 2006
  • First Look

First Look: September 12, 2006

markets allow the backward linkages between foreign and domestic firms to turn into FDI spillovers. Our calibration exercises indicate that a) holding the extent of foreign presence constant, financially well-developed economies experience growth View Details
Keywords: Sean Silverthorne
  • 10 Nov 2015
  • First Look

November 10, 2015

Online Advertising By: Kireyev, Pavel, Koen Pauwels, and Sunil Gupta Abstract—As firms increasingly rely on online media to acquire consumers, marketing managers feel comfortable justifying higher online marketing spending by referring to online metrics such as... View Details
Keywords: Sean Silverthorne
  • 01 Sep 2008
  • News

Mara Aspinall

higher efficacy rate — 80 percent or more. Is 80 percent efficacy unusual for drugs currently on the market? Across all patients and diseases, drug efficacy averages 50 percent, so half the time they bring no clinical benefit. That’s not... View Details
Keywords: Deborah Blagg; Ambulatory Health Care Services; Health, Social Assistance
  • 25 Mar 2014
  • First Look

First Look: March 25

ties can lead to less timely investments. Further examination shows that the reduced timeliness of connected funds is driven by a reluctance to withdraw holdings prior to weak investee performance. We interpret this as agency conflicts... View Details
Keywords: Sean Silverthorne
  • 01 Mar 2025
  • News

Alumni and Faculty Books

Review Press Women around the world do extremely well when it comes to their education. They graduate at higher rates than men and have higher average GPAs. But then a strange thing happens upon entering the workforce: They immediately... View Details
  • 01 Feb 2011
  • First Look

First Look: Feb. 1

level. Inheriting Losers Authors:Li Jin and Anna Scherbina Publication:Review of Financial Studies (forthcoming) Abstract We show that new managers who take over mutual fund portfolios sell off inherited momentum losers at higher rates... View Details
  • 05 Nov 2013
  • First Look

First Look: November 5

gatekeeping institutions, from credit rating agencies to supply-chain auditors, are important players in contemporary regulatory regimes. Yet little is known about what influences the decisions of the... View Details
Keywords: Sean Silverthorne
  • 28 Apr 2009
  • First Look

First Look: April 28, 2009

paper: http://www.hbs.edu/research/pdf/07-098.pdf On Good Scholarship, Goal Setting, and Scholars Gone Wild Authors:Lisa D. Ordóñez, Maurice E. Schweitzer, Adam D. Galinsky, and Max H. Bazerman Abstract In this article, we define good scholarship, highlight our points... View Details
Keywords: Martha Lagace
  • 09 Mar 2010
  • First Look

First Look: March 9

that, as predicted, this increased the likelihood of equity issues, increased investment, and reduced risk taking. The changes are isolated to indebted firms (where the legal change applied). These reductions in agency costs were followed... View Details
Keywords: Martha Lagace
  • 01 Feb 1998
  • News

Running Up the Score

result," says Mariner, "today in every professional league, every team must scramble to increase revenues because the best players command the highest salaries. Without sufficient revenues to pay top players, it's more difficult to assemble a winning team." Free View Details
Keywords: Garry Emmons
  • 01 Jun 2010
  • News

$how Me the Money

tax dispute in IRS history, settled in 2006 when GlaxoSmithKline paid the agency some $3.4 billion, a case that the IRS said sent “a strong message of our resolve” in dealing with transfer pricing. Says Wells, “The manipulation of... View Details
Keywords: Garry Emmons; Administration of Economic Programs; Government; Executive, Legislative, and Other General Government Support; Government; Legal Services; Professional Services; Management, Scientific, and Technical Consulting Services; Professional Services
  • 24 Oct 2005
  • Research & Ideas

IPR: Protecting Your Technology Transfers

years before reforms. For these firms, measures of technology transfer increased by more than 30 percent. In addition, we found that non-resident patent applications increased and grew at a faster rate following reforms, indicating that... View Details
Keywords: by Cynthia Churchwell
  • 02 Apr 2019
  • First Look

New Research and Ideas, April 2, 2019

Abstract—This study seeks to better understand the impact that government technology procurement regulations have on social value and national competitiveness. To do this, it examines the impact of a change in France’s technology procurement policy that required... View Details
Keywords: Dina Gerdeman
  • 07 Mar 2017
  • First Look

First Look at New Research, March 7

by maintaining a relatively large balance sheet, even when policy rates have moved well away from the zero lower bound (ZLB). In so doing, it can help ensure that there is an ample supply of government-provided safe short-term... View Details
Keywords: Sean Silverthorne
  • 29 Oct 2013
  • First Look

First Look: October 29

little different for supposedly constrained and unconstrained firms, even though we find important differences in their characteristics and sources of financing. On the other hand, privately held firms (particularly small ones) and public firms with below... View Details
Keywords: Sean Silverthorne
  • 28 Aug 2007
  • First Look

First Look: August 28, 2007

counterparts. In most countries, firms have become less diversified over time. However, there is no such trend in China. The level of diversification of Chinese enterprises does not vary over our study period (2001-2005), making Chinese firms the most diversified in... View Details
Keywords: Martha Lagace
  • 21 Aug 2006
  • Research & Ideas

How Europe Wrote the Rules of Global Finance

liberalization. Moody's and Standard & Poor's write very often these days about the risks of liberalization, and the credit-rating agencies have praised China and India for liberalizing slowly. I can assure you that there was no... View Details
Keywords: by Ann Cullen
  • 12 Feb 2019
  • First Look

New Research and Ideas, February 12, 2019

and Heidi Liu Abstract— Eleven experiments provide evidence that people have a tendency to “shoot the messenger,” deeming innocent bearers of bad news unlikeable. In a preregistered lab experiment, participants rated messengers who... View Details
Keywords: Dina Gerdeman
  • 01 Mar 2018
  • News

Making Sense of the Modern Startup

second senior advisor delivered some further bad news. The higher the teaching ratings you get, he told Sahlman, the more likely you won’t be promoted. Come again? Entrepreneurship is amorphous. It’s storytelling. And storytelling is... View Details
Keywords: Jeffrey L. Cruikshank (PMD 51, 1986)