Publications

05 May 2020
News

“Walking a Tightrope”

women into a 18 month program. They give them intense therapy. And then they also go through training classes. So they learn basics like business skills, how to write a resumé. They get apprenticeships with local companies. WIR has... View Details

01 Jun 2022
News

Vision: Into the Breach

local schools and colleges in the education sector and the small- to medium-size businesses it serves in the United States. (The firm also raised $205 million in Series D funding, saw an eightfold increase in year-over-year premium... View Details

Keywords: Alexander Gelfand

April 2011 (Revised March 2013)
Supplement

BANEX and the No Pago Movement (B)

By: Shawn Cole and Baily Blair Kempner

This case examines Grassroots Capital's decision of whether or not to continue investing in a Bolivian microfinance bank that is suffering financial distress. View Details

Keywords: Decisions; Insolvency and Bankruptcy; Microfinance; Investment; Government and Politics; Crisis Management; Risk and Uncertainty; Financial Services Industry; Bolivia

08 Aug 2024
Blog Post

Alumni in Climate Networking Series: London

Are you interested in connecting with other alumni leveraging their careers to combat climate change? BEI invites HBS Alumni to join our Alumni in Climate Networking Series for a chance to connect with local alumni to discuss ideas,... View Details

January 2005
Case

Czech Mate: CME and Vladimir Zelezny (E) - CME Returns

By: Mihir A. Desai and Kathleen Luchs

Supplements the (A) case. View Details

Keywords: Financial Institutions; Ownership Stake; Developing Countries and Economies; Corporate Governance; Fairness; Rights

February 2004
Case

Czech Mate: CME and Vladimir Zelezny (D)-Resolution

By: Mihir A. Desai, Alberto Moel and Kathleen Luchs

Supplements the (A) case. View Details

Keywords: Developing Countries and Economies; Fairness; Financial Institutions; Corporate Governance; Rights; Ownership Stake

February 2004
Case

Czech Mate: CME and Vladimir Zelezny (B1)-CME Negotiates

By: Mihir A. Desai, Alberto Moel and Kathleen Luchs

Supplements the (A) case. View Details

Keywords: Developing Countries and Economies; Fairness; Financial Institutions; Corporate Governance; Rights; Ownership Stake

01 Sep 2008
News

In Africa, Porter Sees Lessons for Health Care

is to improve quality,” he said, “because better health is cheaper than bad health.” This new model, he noted, takes into account obstacles to care that are present in developing countries, such as poor transportation, and also harnesses the role of the health-care... View Details

Keywords: HIV/AIDS; Ambulatory Health Care Services; Health, Social Assistance

2024
Working Paper

Hidden Risk

By: Daniel Barth, Phillip Monin, Emil Siriwardane and Adi Sunderam

Since 2013, large U.S. hedge fund advisers have been required to report risk exposures in their regulatory filings. Using these data, we first establish that managers’ perceptions of risk contain useful information that is not embedded in fund returns. Investor flows... View Details

Keywords: Corporate Disclosure; Investment Funds; Risk and Uncertainty; Investment Return; Communication Strategy; Financial Services Industry

Read Now

January 2010 (Revised March 2011)
Case

Ben Bernanke: Person of the Year?

By: Lakshmi Iyer and Matthew C. Weinzierl

In response to the economic and financial crisis of 2008–2009, the Federal Reserve greatly expanded the scale and scope of its activities. Though lauded by many experts for its actions, the Fed and its chairman, Ben Bernanke, faced harsh criticism from some public... View Details

Keywords: Financial Crisis; Central Banking; Governance Controls; Policy; Crisis Management; Power and Influence; Public Administration Industry; United States

2014
Working Paper

Return on Political Investment in the American Jobs Creation Act of 2004

By: Hui Chen, Katherine Gunny and Karthik Ramanna

Prior literature raises a "puzzle" of high rates of return on corporate political investment, but evidence for this puzzle is largely descriptive in nature. We exploit the setting of the American Jobs Creation Act's passage in 2004 to provide more robust estimates of... View Details

Keywords: Accounting; Business and Government Relations; Corporate Finance; United States

SSRN

2014
Working Paper

Savings in Transnational Households: A Field Experiment Among Migrants from El Salvador

By: Nava Ashraf, Diego Aycinena, Claudia Martinez A. and Dean Yang

While remittance flows to developing countries are very large, it is unknown whether migrants desire more control over how remittances are used. This research uses a randomized field experiment to investigate the importance of migrant control over the use of... View Details

Keywords: Migration; Remittances; Intrahousehold Allocation; Savings; Immigration; Diasporas; International Finance; El Salvador

Read Now

March 2005
Case

Tribune Company: The PHONES Proposal

The Tribune Co. is considering issuing a structured note to monetize its investment in another company, America Online (AOL). Tribune originally invested in AOL in 1991 and currently has approximately 10 million shares left of that investment. However, these shares are... View Details

Keywords: Financial Instruments; Taxation; Investment; Media and Broadcasting Industry

Find at Harvard

March 2008 (Revised April 2009)
Case

Eliot Spitzer: Pushing Wall Street to Reform

By: Rawi Abdelal, Rafael Di Tella and Jonathan Schlefer

New York State Attorney General Eliot Spitzer faced a decision about how to stop wrongdoing committed by major Wall Street firms during the Internet boom. The equities analysts of Merrill Lynch and other Wall Street firms were charged with objectively advising retail... View Details

Keywords: Crime and Corruption; Decisions; Financial Institutions; Stocks; Governing Rules, Regulations, and Reforms; Laws and Statutes; Lawsuits and Litigation; Conflict of Interests; Internet; Financial Services Industry; United States

01 Jan 2006
News

Sir Ronald M. Cohen, MBA 1969

When the Egyptian government forced out all Jewish inhabitants after the Suez Crisis in 1956, the Cohens left with only one suitcase apiece. His mother’s British citizenship made it possible for them to immigrate to London, where they had... View Details

01 Feb 2000
News

Financial Services 24/7

Professor of Business Administration. "There are many challenges for firms in figuring out how to position themselves," notes Crane, who has taught finance and banking at HBS for many years. As consumers get more accustomed to using their... View Details

Keywords: Susan Young

06 Nov 2000
Research & Ideas

The Determinants of Corporate Venture Capital Success

companies. The partners were allowed to spend up to $2 million at any one time without getting permission from the corporation. For larger expenditures, they were required to obtain permission from XTV's governing board, which consisted... View Details

Keywords: by Paul Gompers & Josh Lerner

March 2009 (Revised March 2011)
Background Note

The Rejuvenated International Monetary Fund

By: Rawi E. Abdelal and Jonathan Schlefer

The International Monetary Fund was dismissed as almost irrelevant to the global economy, but during the 2008 financial crisis, it returned to center stage, providing financial rescues for developing countries. View Details

Keywords: Developing Countries and Economies; Financial Crisis; Financial Management; International Finance; Globalized Economies and Regions; International Relations