Publications

Web

2019 Symposium - Race, Gender & Equity

Administration and faculty chair of the HBS Race, Gender & Equity Initiative. She conducts research on race and gender relations in organizations with a focus on organizational change, group dynamics, learning, conflict, power, and... View Details

22 Sep 2010
News

Homecoming Day: Private Equity And Venture Veterans Go Back To School

2016
Working Paper

Pay Now or Pay Later? The Economics within the Private Equity Partnership

By: Victoria Ivashina and Josh Lerner

The economics of partnerships have been of enduring interest to economists, but many issues regarding intergenerational conflicts and their impact on the continuity of these organizations remain unclear. We examine 717 private equity partnerships and show that (a) the... View Details

Keywords: Partnerships; Leveraged Buyout; Venture Capital; Private Equity; Partners and Partnerships; Leveraged Buyouts

SSRN

Read Now

18 Jan 2016
Blog Post

Meet the HBS Race, Gender & Equity Initiative

The HBS Race, Gender & Equity Initiative was established at the beginning of the 2014-2015 academic year and publicly launched in May 2015. As part of their launch, the Initiative released new research from Professor Kathleen McGinn,... View Details

October 1996 (Revised March 2011)
Background Note

Note on Valuation in Private Equity Settings, A

By: Josh Lerner and John Willinge

This note discusses several ways in which venture-backed firms can be valued, including comparables, net present value, decision-tree analysis, and the "venture capital method." View Details

Keywords: Entrepreneurship; Venture Capital; Private Equity; Investment; Valuation

February 2000 (Revised April 2004)
Case

Butler Capital Partners and Autodistribution: Putting Private Equity to Work in France

Describes a proposed buyout transaction of Autodistribution, an entrepreneurial firm that is the leading car-parts distributor in France. The deal became feasible because of a failed takeover battle for Autodistribution's parent company. Private equity investor Butler... View Details

Keywords: Private Equity; Leveraged Buyouts; Valuation; Executive Compensation; Entrepreneurship; Distribution Industry; Auto Industry; France

1985
Chapter

Interrelationships between Equity Markets and Prospects for Integration

By: Marc L Bertoneche

Keywords: Equity; Markets; Integration

February 2023 (Revised March 2023)
Case

The LPGA’s Long Drive Toward Gender Equity

By: Boris Groysberg and Alexis Lefort

This case provides a history of the Ladies Professional Golf Association (LPGA) and examines the reasons for the gender pay gap in professional sports. The case protagonist, the commissioner of the LPGA, wrestles with the opportunities and challenges the LPGA currently... View Details

Keywords: Decision Making; Gender; Growth and Development Strategy; Mission and Purpose; Sports Industry; United States

December 2018 (Revised February 2019)
Teaching Note

The Case of the Unidentified Equity Managers

By: Samuel G. Hanson

Teaching Note for HBS No. 217-055. View Details

March 2018
Supplement

Hatch Startup Equity Valuation Exercise (Student Version)

By: Christopher Stanton and Shikhar Ghosh