Volatility - Publications - Faculty & Research

15 Feb 2012
Op-Ed

Occupy Wall Street Protestors Have a Point

the environmental challenges of climate change, scarce water, and depleted fishing stocks as well as by migration driven by both income inequality and the environment. Interestingly (given that we interviewed them in late 2007 and early 2008), they were very concerned... View Details

Keywords: by Joseph L. Bower, Herman B. Leonard & Lynn S. Paine

27 Oct 2009
First Look

First Look: October 27

investment flow adjustment costs in the developing economy. We calibrate the model to match the Mexico-U.S. trade and FDI flows. The model is able to explain (1) why U.S. shocks have a larger effect on Mexico than in the U.S. and hence why the Mexican economy is more... View Details

Keywords: Martha Lagace

January 2013 (Revised April 2017)
Supplement

Maxum Petroleum, Inc.

By: W. Carl Kester

Maxum seeks an oil-price hedging strategy that yields substantial cash during oil price spikes, is affordable under ordinary circumstances, and is easily managed. It is striving to avoid a repeat of the challenging situation encountered in 2008 when spiking oil prices... View Details

Keywords: Hedging; Options; Commodities; Credit Derivatives and Swaps; Risk Management; Futures and Commodity Futures; Financial Strategy; Volatility

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16 Jun 2003
Research & Ideas

Surveying the VC Landscape

VC investing and innovation? A: Buyout groups in fact exacerbated much of the volatility in the venture capital cycle. During the late 1990s, many buyout groups began abandoning the basic industries in which they had traditionally... View Details

Keywords: by Ann Cullen; Financial Services

18 Apr 2007
HBS Case

How Magazine Luiza Courts the Poor

Luiza Helena initiated a reorganization that replaced family members with professional management and launched a campaign to reinforce the company's mission to serve customers and employees. Despite the volatile nature of the Brazilian... View Details

Keywords: by Julia Hanna; Retail

11 Sep 2006
Research & Ideas

Negotiating When the Rules Suddenly Change

from drawing parallels to battlefield strategy, due to its associations with violence and brute force. In fact, contemporary theory of maneuver warfare is surprisingly nuanced and supple. Three axioms apply to negotiators who must cope in View Details

Keywords: by Michael Wheeler; Sports

08 Nov 2016
First Look

November 8, 2016

https://www.hbs.edu/faculty/Pages/item.aspx?num=51879 Structural GARCH: The Volatility-Leverage Connection By: Engle, Robert F., and Emil N. Siriwardane Abstract—During the financial crisis, financial firm leverage and volatility both rose... View Details

Keywords: Sean Silverthorne

26 Sep 2013
Research & Ideas

Behind India’s Economic and Political Woes

case in China, adequate investment had been put into roads, bridges, and power plants, I suspect that a much larger fraction of the money coming into India would have been productively deployed into longer-term fixed assets, securing it against the View Details

Keywords: by Zeenat Potia

26 Jul 2024
Research & Ideas

Why Great Ideas Get Stuck in Universities

affected by interest rate-related volatility in venture capital funding and mergers and acquisitions activity. Roche conducted the analysis with Justine Boudou, a doctoral student at HBS. Academic chops don’t translate to success The 510... View Details

Keywords: by Ben Rand; Biotechnology; Health

21 Feb 2007
Op-Ed

What a U.N. Partnership with Big Business Could Accomplish

insufficient. Fulfillment of community needs such as clean air and human rights is every bit as important. This concept offers multinationals a mechanism to do well with minimum risk and maximum efficiency. It also provides them with a means to improve political... View Details

Keywords: by George C. Lodge & Craig Wilson

29 Apr 2015
Lessons from the Classroom

Use Personal Experience to Pick Winning Stocks

make it move the way you want," says Malloy. Team members Nami Singhal, Trish Higgins, and Yura Mikhalev (all MBA 2013) used a case that Singhal had studied about Argentina's volatile political system as background information to... View Details

Keywords: by Michael Blanding; Financial Services

09 May 2000
Research & Ideas

Stock Options Are Not All Created Equal

take into account such factors as the number of years until the option expires, prevailing interest rates, the volatility of the stock price, and the stock's dividend rate. Fixed value plans are popular today. That's not because they're... View Details

Keywords: by Brian Hall

13 Apr 2010
First Look

First Look: April 13

Interest Rates Author:Luis M. Viceira Publication:International Journal of Forecasting (forthcoming) Abstract This paper explores time variation in bond risk, as measured by the covariation of bond returns with stock returns and with consumption growth, and in the... View Details

Keywords: Martha Lagace

21 Oct 2013
Research & Ideas

Missing the Wave in Ship Transport

bulk carriers called the 76,000 DWT (deadweight tonnes) Panamax. Using earnings and secondhand prices between 1976 and 2011, they computed the ships' return on investment. Swells And Troughs The researchers found that earnings were quite View Details

Keywords: by Kim Girard; Transportation

06 Nov 2013
What Do You Think?

Is Top-Down Resource Allocation on the Rise?

situation here, but rather a more subtle process change by some companies, especially those in volatile or fast-moving industries. What I see happening among partners I deal with is that they allocate strategically from the top (setting... View Details

Keywords: by James Heskett

March 2021
Supplement

Snapp: Scaling Under Sanctions in Iran (B)

By: Meg Rithmire and Gamze Yucaoglu

The case opens in November 2020 as Eyad Alkassar and Mahmoud Fouz, co-founders of Iran’s first and leading ride-hailing platform, Snapp, eagerly await the results of the U.S. presidential elections.
The case takes us through the challenging times between... View Details

Keywords: Sanctions; Change Management; Disruption; Volatility; Decision Choices and Conditions; Cross-Cultural and Cross-Border Issues; Government and Politics; International Relations; National Security; Crisis Management; Risk Management; Health Pandemics; Transportation Industry; Middle East; Iran

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July 2013 (Revised June 2014)
Case

Collaborating for Growth: Duane Morris in a Turbulent Legal Sector

By: Heidi K. Gardner and Annelena Lobb

By the late 2000s, the law firm Duane Morris had transformed itself from a growing U.S. law firm to a significant global player. The firm's uniquely collaborative organizational culture, which featured a transparent, data-driven compensation system, practice-group... View Details

Keywords: Professional Service Firm; Collaboration; Performance Management; Risk and Uncertainty; Competition; Management Practices and Processes; Organizational Structure; Groups and Teams; Organizational Culture; Performance; Cooperation; Globalized Firms and Management; Compensation and Benefits; Volatility; Growth and Development Strategy; Legal Services Industry; United States

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12 Jun 2018
First Look

New Research and Ideas, June 12, 2018

positive relationship between real rates and the contemporaneous valuation of volatile stocks, which we contend measures the economy’s risk appetite. Our novel proxy for risk appetite explains 41% of the variation in the one-year real... View Details

Keywords: Dina Gerdeman

19 May 2015
First Look

First Look: May 19

decreased volatility of supply shocks and increased volatility of the Fed's long-run inflation target. Endogenous responses of bond risk premia amplify these effects of monetary policy on bond risks.... View Details

Keywords: Sean Silverthorne

November 1996 (Revised June 1999)
Case

Living on Internet Time: Product Development at Netscape, Yahoo!, NetDynamics, and Microsoft

By: Marco Iansiti and Alan D. MacCormack

Describes how four companies in the Internet software market approach product development. Drawing upon short case studies of three recent projects, students are invited to synthesize the common attributes of development practice in turbulent environments. View Details

Keywords: Product Development; Internet and the Web; Applications and Software; Situation or Environment; Volatility; Risk and Uncertainty; Research and Development; Information Technology Industry; United States

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