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Publications

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  • All HBS Web  (616)
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    • News  (82)
    • Research  (432)
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  • Faculty Publications  (104)

Show Results For

  • All HBS Web  (616)
    • People  (1)
    • News  (82)
    • Research  (432)
    • Events  (3)
  • Faculty Publications  (104)
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  • 20 Aug 2001
  • Research & Ideas

Making an Ally of Uncle Sam

Goals for influencing government should flow directly from the analytic frameworks that companies use to develop business strategies. As Michael Porter noted in Competitive Strategy, "No structural analysis is complete without a... View Details
Keywords: by Michael Watkins, Mickey Edwards & Usha Thakrar
  • 27 Jul 2010
  • First Look

First Look: July 27

However, most of these investors also trade in public securities. This leads to a controversial question: do institutional investors use private information received in the loan market to trade in public securities? In this paper, we examine the stock trading of... View Details
Keywords: Martha Lagace
  • 22 May 2007
  • First Look

First Look: May 22, 2007

  Working PapersGlobal Currency Hedging Authors:John Y. Campbell, Karine Serfaty-de Medeiros, and Luis M. Viceira Abstract This paper considers the risk management problem of an investor who holds a diversified portfolio of global... View Details
Keywords: Martha Lagace
  • 21 Aug 2018
  • First Look

New Research and Ideas, August 21, 2018

financial risk. Our findings highlight the challenges of using ACOs as a mechanism to achieve financial cost savings. Bundled payments, which focus on narrower episodes of care, may involve fewer operational complexities and be better View Details
Keywords: Dina Gerdeman
  • 03 Sep 2013
  • First Look

First Look: September 3

the origin firm than they do in other firms and compared to other analysts covering the origin firm. The advantage no longer holds after the executive's departure, and most of the analysts' advantage does not carry over to the destination... View Details
Keywords: Sean Silverthorne
  • 29 Sep 2008
  • Research & Ideas

Financial Crisis Caution Urged by Faculty Panel

banks—a mortgage delivery system that was populated by brokers, mortgage banks, and investors. "This opened the door to new sources of capital from around the world. Holding that door wide open were Fannie Mae and Freddie Mac. By... View Details
Keywords: by Martha Lagace; Financial Services
  • 20 Sep 2011
  • First Look

First Look: September 20

associated with risky lending in the corporate loan market by examining the performance of individual loans held by CLOs. We employ two different datasets that identify loan holdings for a large set of CLOs and find that adverse selection... View Details
Keywords: Sean Silverthorne
  • 24 Aug 2010
  • First Look

First Look: August 24

  PublicationsHigher Risk, Lower Returns: What Hedge Fund Investors Really Earn Authors:Ilia Dichev and Gwen Yu Publication:Journal of Financial Economics (forthcoming) Abstract The returns of hedge fund investors depend not only on the returns of the hedge funds they... View Details
Keywords: Sean Silverthorne
  • 11 Oct 2004
  • Research & Ideas

Four Ways to Create Lasting Change

HBS professor Michael A. Roberto and Senior Researcher Lynne C. Levesque decided to look deeper into why some initiatives fail and others succeed. How do some change initiatives take hold and almost become part of the firm's very DNA? To... View Details
Keywords: by Martha Lagace
  • 30 Oct 2006
  • First Look

First Look: October 31, 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... View Details
Keywords: Sean Silverthorne
  • 27 Jun 2017
  • First Look

First Look at New Research and Ideas, June 27

reducing inventory costs (defined here as the sum of stockout losses and cost of capital associated with holding inventory). The heuristic increased estimated agent profits by 15% relative to profits realized through agents actual... View Details
Keywords: Sean Silverthorne
  • 27 Sep 2004
  • Research & Ideas

How Leaders Build Winning Streaks

in the jungle. "Social structures evolve, and the ability to manipulate those from the top is probably limited." For baseball, Baker looked for leaders in the bullpen and on the bench, someone from the infield and someone from... View Details
Keywords: by Rosabeth Moss Kanter
  • 20 Sep 2016
  • First Look

September 20, 2016

visualize and communicate a wide range of patient outcomes and cost for three forms of prostate cancer treatment. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=51627 Firm Selection and Corporate Cash Holdings By:... View Details
Keywords: Sean Silverthorne
  • 25 Sep 2000
  • Research & Ideas

More Than the Sum of Its Parts: The Impact of Modularity on the Computer Industry

a problem of nightmarish proportions [because of] the growing complexity of the systems and the interdependent structure of their designs. Each new computer system had to be designed from the ground up, and only new systems could take... View Details
Keywords: by Staff; Computer; Consumer Products; Technology
  • 31 Jan 2012
  • First Look

First Look: Jan. 31

increased when the rules were introduced. We conclude that managerial fiduciary duties affect equity-bondholder conflicts in a way that is economically important, has impact on ex ante capital structure choices, and affects welfare. Read... View Details
Keywords: Sean Silverthorne & Carmen Nobel
  • 06 Jun 2005
  • Research & Ideas

Microsoft vs. Open Source: Who Will Win?

absence of cost asymmetries and as long as Windows has a first-mover advantage (a larger installed base at time zero), Linux never displaces Windows of its leadership position. This result holds true regardless of the strength of Linux's... View Details
Keywords: by Sean Silverthorne; Technology
  • 17 Dec 2013
  • First Look

First Look: December 17

Japan. An entire system of governance was blown away. In 1911, an imperial tradition of more than 2,000 years ended. After the subsequent disasters of world war and Maoist utopianism, China was an impoverished third world economy holding... View Details
Keywords: Carmen Nobel
  • 23 Feb 2010
  • First Look

First Look: Feb. 23

submission reduces the probability of achieving top rank, it increases the community value of the submission. Code structures that are more nonconforming to commonly accepted programming conventions similarly increase the probability of... View Details
Keywords: Martha Lagace
  • 18 Nov 2010
  • Research & Ideas

GM’s IPO: Back to the Future

place in the private sector, the owners would probably hold the stock until the company was in robust health. The realized price on the stock would then in all likelihood be higher. But the Obama administration has made it clear that as a... View Details
Keywords: by Staff; Auto
  • 25 Oct 2004
  • Research & Ideas

Planning for Surprises

leaders. But there must be a point where we hold leaders accountable for their failure to prevent predictable surprises. There must be a point at which we conclude that leaders have been misguided or negligent or both. When should we... View Details
Keywords: by Martha Lagace
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