Publications

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01 Apr 2000
News

Q & A: A Conversation with IRS Chief Charles Rossotti

individual taxpayers with wage and investment income; small business and self-employed taxpayers; large business taxpayers; and exempt organizations, such as nonprofits and state and local governments. Each unit will focus on... View Details

Keywords: Garry Emmons

14 Mar 2011
Research & Ideas

Water, Electricity, and Transportation: Preparing for the Population Boom

By 2050, the Earth's population will likely exceed 9 billion people, up 30 percent from 6.9 billion today, according to projections from both the US Census Bureau and the United Nations. What's more, the population in the world's cities is expected to increase by 3... View Details

Keywords: by Carmen Nobel

June 2025
Case

Assessing the Offers for Seven & i Holdings

By: Benjamin C. Esty, Nobuo Sato and Akiko Kanno

In the fall of 2024, the board of Seven and i Holdings Company (7&i, the parent company of 7-Eleven convenience stores in the US, Japan, and other countries) received multiple offers to buy the company. Two successive (and unsolicited) offers came from Alimentation... View Details

Keywords: Corporate Governance; Valuation; Value Creation; Bids and Bidding; Financial Strategy; Negotiation; Mergers and Acquisitions; Corporate Finance; Business Conglomerates; Retail Industry; Food and Beverage Industry; Japan; Canada

2009
Case

Blaine Kitchenware, Inc.: Capital Structure (TN): Brief Case.

By: Timothy A. Luehrman and Joel L. Heilprin

Keywords: Capital Structure; Financial Strategy; Interest Rates; Taxation; Stocks; Consumer Products Industry

14 Nov 2024
News

How the Insurance Industry Can Weather the Storms

level, right? You know, local governments run the sewer systems. You have to have these sort of macro vision, macro solutions. You need to work with different governments. How can you affect change in... View Details

02 Oct 2015
Working Paper Summaries

Gradualism in Monetary-Policy: A Time Consistency Problem?

Keywords: by Jeremy C. Stein & Adi Sunderam; Banking

February 2014 (Revised October 2019)
Case

Should Corporate Profits Be Taxed? (A)

By: Matthew Weinzierl, Katrina Flanagan and Michael Cianellli

Taxing corporations is popular, but why? Corporations do not bear the burden of taxes, people do, and the incidence of the corporate income tax burden is likely to be far different from what many of its supporters assume.
Instructors may also obtain a Teaching... View Details

Keywords: Economic Versus Statutory Incidence; Basics Of Corporate Taxation; Business Ventures; Taxation; Profit

December 2007
Article

Why Do Firms Hold So Much Cash? A Tax-Based Explanation

By: C. Fritz Foley, Jay Hartzell, Sheridan Titman and Garry Twite

Keywords: Business Ventures; Cash; Taxation

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20 Oct 2015
News

This could be the next 'subprime mortgage crisis'

16 Apr 2015
News

Why Larry Summers Thinks Alternative Lending Will Save the World

14 May 2015
News

One Day After Wreck, Increased Funding for Amtrak Fails in a House Panel

03 Dec 2014
News

12 ideas for making Boston more inclusive

16 Apr 2018
News

Tax Reform, Round One

November 1989 (Revised March 2000)
Case

Wisconsin Central Ltd. Railroad and Berkshire Partners (A): Leveraged Buyouts and Financial Distress

By: Michael C. Jensen, Willy Burkhardt and Brian Barry

Wisconsin Central Ltd. is a regional railroad formed in a leveraged buyout, which is currently in default on its loan covenants. The case uses this situation to examine the financial structure of a typical LBO association and its internal control mechanisms and... View Details

Keywords: Financial Management; Governing and Advisory Boards; Leveraged Buyouts; Financial Condition; Financing and Loans; Corporate Finance; Rail Industry

13 Oct 2015
Research & Ideas

Does Business Get Done the Same Way in Emerging and Developed Countries?

On September 12, 1980, the military launched a coup on the government in Turkey. For many executives, such instability is the worst nightmare of doing business in a developing country. But for Turkish entrepreneur Hamdi Akin, usually on... View Details

Keywords: by Sean Silverthorne

February 2018 (Revised October 2019)
Case

Steinhoff International and the Stock Exchange

By: Siko Sikochi and Austin Lim

Nicky Newton-King, the Chief Executive Officer of the Johannesburg Stock Exchange (JSE), was put in a difficult position. A scandal had broken out at Steinhoff, a JSE-listed company, under her watch and there were calls to suspend listing of the company securities from... View Details

Keywords: Accounting; Financial Reporting; Mergers and Acquisitions; Financial Markets; Corporate Governance; Retail Industry; Manufacturing Industry; Distribution Industry; Africa; South Africa