Theory Of The Firm - Publications - Faculty & Research

20 Dec 2022
News

Singing to the Corn

discomfort persisted, though Keen excelled in his work. A paper he'd written, using game theory to explore the liberalization of telecoms, was View Details

February 2017
Case

Clear Channel (A): The Rise, 1972–2003

By: John R. Wells and Gabriel Ellsworth

At the end of 2003, Clear Channel Communications, Inc., a diversified media group with revenues of $8.9 billion, could claim leadership positions in all three of its main businesses. Clear Channel Broadcasting was the largest radio-station operator in the world, with... View Details

Keywords: Clear Channel; Clear Channel Outdoor; Radio; Outdoor Advertising; Concert Industry; Lowry Mays; Federal Communications Commission; Regulation; Regulations; Regulatory Environment; JCDecaux; Media; Growth Management; Consolidation; Competitive Strategy; Fair Value Accounting; Advertising; Acquisition; Mergers and Acquisitions; Business Growth and Maturation; For-Profit Firms; Entertainment; Music Entertainment; Television Entertainment; Public Equity; Profit; Revenue; Geographic Scope; Multinational Firms and Management; Government Legislation; Business History; Laws and Statutes; Business or Company Management; Growth and Development Strategy; Marketing Channels; Industry Structures; Public Ownership; Problems and Challenges; Sales; Opportunities; Strategy; Adaptation; Business Strategy; Commercialization; Competition; Competitive Advantage; Corporate Strategy; Diversification; Expansion; Wireless Technology; Valuation; Media and Broadcasting Industry; Entertainment and Recreation Industry; Advertising Industry; Music Industry; United States; Texas

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30 May 2019
What Do You Think?

Is There a Distinctive West Coast Style of Management?

organizations in which he and his firm invested. The objectives to which he referred were Collins’s and Porras’s BHAGs, preferably a ten times improvement in some performance metric. In his book Exponential... View Details

Keywords: by James Heskett; Education

14 Aug 2019
Sharpening Your Skills

The Manager's Guide to Leveraging Disruption

In 1995, Harvard Business School professors Clayton M. Christensen and Joseph L. Bower wrote a seminal article for Harvard Business Review, Disruptive Technologies: Catching the Wave. Those words launched View Details

Keywords: by Sean Silverthorne

28 Feb 2025
News

Joy to the World

Subscribe on iTunes Subscribe on Spotify More Skydeck episodes Dan Morrell: Hi, this is Dan Morrell, host of Skydeck. Justin Pasquariello (MBA 2010), CEO of East Boston Social Centers, spent time in foster care as a child, living in more homes than he can remember,... View Details

01 Sep 2017
News

Research Brief: As the Wind Blows

with the oil crises of the 1970s, but unlike the United States, where the government invested hundreds View Details

Keywords: Administration of Environmental Quality Programs; Administration of Environmental Quality Programs

17 Aug 2021
Op-Ed

Dispensing Justice: The Case for Legalizing Cannabis Nationally

deductions or credits. "Banks are extremely chary about extending capital to them. Even if they do, banks charge cannabis firms hefty fees." These inefficiencies are compounded by a dearth of capital. Banks... View Details

Keywords: by Ashish Nanda and Tabatha Robinson

05 Feb 2007
Research & Ideas

Business and the Global Poor

figured out the business model, bringing the operation to scale is a necessity for their own bottom line. Investments will flow automatically without many gut-wrenching debates on View Details

Keywords: by Sean Silverthorne

15 May 2019
Research Event

The Unconventional Capitalism That Shapes Business History

Lalocracio In thinking about the current contested state of global capitalism, and what to do about it, much can be learned from the debates I heard at the recent Harvard Business School conference, Seeking the Unconventional in Forging Histories of Capitalism, which... View Details

Keywords: by Geoffrey G. Jones; Education

Web

Corporate Governance and Boards of Directors - Course Catalog

a board of directors as you create and grow your company. Others will join private equity or venture capital firms where you will serve on the boards View Details

01 Oct 2000
News

Edward D. Bullard: The Personal Touch

Walking around the Cynthiana, Kentucky, manufacturing plant of E.D. Bullard Company, the firm's chairman, Jed Bullard, is in his element. "This is Sandy, she's been here a... View Details

Keywords: Susan Young

01 Jan 2014
News

To Spot Financial Trouble Early, Use Three Circles: A conversation with Blythe McGarvie of Harvard Business School

05 Apr 2016
Blog Post

Summer Internships in the JD/MBA Program

very excited to be joining the Acquisitions team at Starwood Capital, a private equity firm with a focus on real estate, in their headquarters in Greenwich, Connecticut. As with last year, HBS opened View Details

07 Mar 2022
Research & Ideas

Effective Leaders Share the Spotlight with Their Teams

between managers and team members that might be difficult to gauge any other way. Combing through data that included 10,673 managers and 2,316 firms from 2010 to 2019, the researchers examined View Details

Keywords: by Pamela Reynolds

16 Apr 2013
News

A Walkabout to the Ocean

Merkl: Managing water resources for a sustainable future. Photo Courtesy of Andreas Merkl They say all rivers lead to the sea. If that is true, then it's only fitting that Andreas Merkl (MBA 1989) should... View Details

Keywords: Ocean; Administration of Environmental Quality Programs; Administration of Environmental Quality Programs; Administration of Environmental Quality Programs; Administration of Environmental Quality Programs

01 Jun 2022
News

Eyes in the Skies

where Minnick serves as chief commercial officer, is one of several actors in the so-called “new space” sector that are pursuing commercial opportunities beyond our atmosphere. Long a provider View Details

Keywords: Alexander Gelfand

November 2008
Journal Article

Can Research Committees Add Value for Investors? An Analysis of Lehman Brothers' Ten Uncommon Values® Recommendations

By: Boris Groysberg, Paul M. Healy and Yang Gui

Since 1949 Lehman Brothers has used an investment committee to select the top ten recommendations made by its analysts each year. We examine the performance of this committee's recommendations and find that on average its selections generated abnormal returns of 2.7%... View Details

Keywords: Forecasting and Prediction; Stocks; Financial Markets; Investment; Investment Return; Governing Rules, Regulations, and Reforms; Performance Expectations; Groups and Teams; Research; Value Creation

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20 Feb 2017
Research & Ideas

Having No Life is the New Aspirational Lifestyle

decades of social history, where enjoyment of nonproductive leisure time was seen as a mark of a successful life. The ability to fritter away... View Details

Keywords: by Michael Blanding

02 Mar 2016
News

The New Space Race

of the total federal budget. By 1975, it was less than 1 percent. “The original programs were finished, the shuttle hadn’t begun yet, and we weren’t sending astronauts into... View Details

Keywords: Robert S. Benchley

22 Feb 2022
News

Q&A: The Post-Pandemic Path

Yes, overall, the US business sector has been remarkably strong in this crisis, but there has been a lot of reallocation between sectors. Roughly 400,000 firms in View Details

Keywords: April White

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