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  • All HBS Web  (2,922)
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  • All HBS Web  (2,922)
    • People  (28)
    • News  (1,012)
    • Research  (1,023)
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    • Multimedia  (3)
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  • 16 Oct 2023
  • HBS Case

Advancing Black Talent: From the Flight Ramp to 'Family-Sustaining' Careers at Delta

Keyra Lynn Johnson. “The frontline perspective can give management important insight into the employee experience and what customers really want from the airline.” Delta has reclassified most jobs that had previously required a degree and... View Details
Keywords: by Lane Lambert; Air Transportation
  • 12 Sep 2023
  • What Do You Think?

Who Gets the Loudest Voice in DEI Decisions?

counterparts in other organizations brought to task over DEI issues." Some observers regard these issues as “paper tigers.” Threats to disinvest from ESG proponents have been followed up with action in only a few cases. How willing, really, are investors to give up... View Details
Keywords: by James Heskett
  • 27 Jan 2020
  • Research & Ideas

Hard Work Isn't Enough: How to Find Your Edge

money, time, and connections that part the workplace waters—even when they don’t have the best ideas or the most talent. “It’s a myth that hard work is enough. We’ve all had experiences where we worked hard and still ended up losing out... View Details
Keywords: by Dina Gerdeman
  • 07 Dec 2021
  • Op-Ed

Want to Build Better Leaders? Focus on Mindset, Skills, Knowledge

Unfortunately, many organizations lack a strong development culture. They view leader development as a tactical issue instead of a strategic imperative. In contrast, companies with strong development cultures invest in their middle... View Details
Keywords: by Hise Gibson and Shawnette Rochelle
  • 30 Sep 2019
  • Book

6 Steps to Building a Better Workplace for Black Employees

false illusion of a post-racial society, where many people thought we had transcended issues of race,” he says. “But that was not the case at all.” It certainly wasn’t the experience for many of the black business executives included in... View Details
Keywords: by Dina Gerdeman
  • 01 Nov 2011
  • First Look

First Look: Nov. 1

Authors:David E. Bell and Mary L. Shelman Publication:Harvard Business Review 89, no. 11 (November 2011) An abstract is unavailable at this time. Read the article: http://hbr.org/2011/11/kfcs-radical-approach-to-china/ar/1 Tax Policy and the Efficiency of U.S. Direct... View Details
Keywords: Sean Silverthorne
  • 13 Mar 2023
  • Research & Ideas

What Would It Take to Unlock Microfinance's Full Potential?

that all showed the same surprisingly lukewarm message about the impact of microfinance on livelihoods. Natalia Rigol: People expected to see shifts in household income, business growth, and consumption, but across the board these View Details
Keywords: by Jen McFarland Flint; Financial Services
  • Research Summary

Current Research

Information Dissemination in Capital Markets

 

Seeking to bridge economic theory and the role of individuals, Professor Brochet researches the transmission of information in capital markets. He has investigated the effects of information... View Details
  • 27 Jul 2020
  • Book

Reflection: The Pause That Brings Peace and Productivity

meant a good deal to them, based on earlier experiences in their lives. Some asked themselves what kind of legacy, however modest, they wanted to leave behind before deciding what to do. Reflection promotes growth Reflection, Badaracco... View Details
Keywords: by Dina Gerdeman
  • March 2005
  • Article

Short- and Long-term Demand Curves for Stocks: Theory and Evidence on the Dynamics of Arbitrage

By: Robin Greenwood
I develop a framework to analyze demand curves for multiple risky securities at extended horizons in a setting with limits-to-arbitrage. Following an unexpected change in uninformed investor demand for several assets, I predict returns of each security to be... View Details
Keywords: Limits To Arbitrage; Event Studies; Demand Curves; Portfolio Choice; Framework; Demand and Consumers; Change; Risk and Uncertainty; Debt Securities; Forecasting and Prediction; Stocks; Assets; Investment Portfolio; System Shocks; Price; Japan
Citation
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Greenwood, Robin. "Short- and Long-term Demand Curves for Stocks: Theory and Evidence on the Dynamics of Arbitrage." Journal of Financial Economics 75, no. 3 (March 2005): 607–649.
  • 21 Mar 2018
  • Research & Ideas

Why Artificial Intelligence Isn't a Sure Thing to Increase Productivity

“If someone’s past experience has been entirely in the world of older technology, and suddenly a machine learning tool is thrust upon them, they will be less productive” Choudhury realized there was scant research available on the skills... View Details
Keywords: by Michael Blanding; Technology; Information
  • 25 Aug 2014
  • HBS Case

Starbucks Reinvented

of what he wanted to accomplish. The case, Koehn's fourth to focus on Starbucks, opens in February 2007. Schultz, no longer Starbucks' CEO but still its chairman, is worried the company is losing its ability to be true to its values while providing a store View Details
Keywords: by Julia Hanna; Food & Beverage
  • Article

Agency Costs, Mispricing, and Ownership Structure

By: Sergey Chernenko, C. Fritz Foley and Robin Greenwood
Standard theories of corporate ownership assume that because markets are efficient, insiders ultimately bear all agency costs that they create and therefore have a strong incentive to minimize conflicts of interest with outside investors. We argue that if equity is... View Details
Keywords: Business and Shareholder Relations; Ownership; Conflict of Interests; Investment; Valuation
Citation
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Chernenko, Sergey, C. Fritz Foley, and Robin Greenwood. "Agency Costs, Mispricing, and Ownership Structure." Financial Management 41, no. 4 (Winter 2012): 885–914.
  • 10 Feb 2020
  • In Practice

6 Ways That Emerging Technology Is Disrupting Business Strategy

Innovation Science. 2. Technology is propelling business transformation   “While some firms think about technology merely as a different type of capital investment that does not impact their way of doing things, others are adopting new... View Details
Keywords: by Danielle Kost
  • 12 Feb 2018
  • Research & Ideas

Customers at the Back of the Line Are Anxious—Can You Keep Them from Leaving?

line has an end and there is an identifiable person who occupies it,” says Buell. “They know they’re last and everyone around them knows it as well.” The anxiety we feel about being last can affect how consumers experience waiting for a... View Details
Keywords: by Michael Blanding; Retail; Service
  • 01 Oct 2001
  • Research & Ideas

How To Make Restructuring Work for Your Company

experience with restructuring, so there is no precedent to guide investors. Restructurings are often exceedingly complicated. (The shareholder prospectus that described United Air Lines' proposed employee buyout contained almost 250 pages... View Details
Keywords: by Stuart C. Gilson
  • 06 Feb 2007
  • First Look

First Look: February 6, 2007

the financial analysts, and the commercialization of academic knowledge. Noncompetes and Inventor Mobility: Specialists, Stars, and the Michigan Experiment Authors:Matt Marx, Deborah Strumsky, and Lee Fleming Abstract Several scholars... View Details
Keywords: Martha Lagace
  • 28 Nov 2023
  • Book

Economic Growth Draws Companies to Asia. Can They Handle Its Authoritarian Regimes?

understanding people before you judge them and taking their pasts and experiences seriously. Silverthorne: Can you explain the relationship between capitalists and autocrats? Rithmire: Precarious Ties answers a series of theoretical... View Details
Keywords: by Sean Silverthorne
  • 22 Nov 2011
  • First Look

First Look: November 22

environment of higher education, the Director of Strategic Communications at the U.S. Military Academy is faced with a decision on whether or not to invest resources in a rebranding effort. Over the course of the school's history, several... View Details
Keywords: Sean Silverthorne
  • 19 Sep 2023
  • Research & Ideas

What Chandrayaan-3 Says About India's Entrepreneurial Approach to Space

unbelievable job. But what’s interesting is that the underlying attitudes are not that different—a lot of experimentation—from those that we’ve seen in the NASA and SpaceX ecosystem in the last decade but with probably a fraction of the toys [Elon] Musk has to View Details
Keywords: by Clea Simon, Harvard Gazette; Aerospace
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