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  • All HBS Web  (1,265)
    • People  (1)
    • News  (317)
    • Research  (736)
    • Events  (4)
    • Multimedia  (18)
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  • 31 Aug 2009
  • Research & Ideas

Why Competition May Not Improve Credit Rating Agencies

and debt markets. “These findings throw some doubt on the policy that has been pursued pretty much unanimously by decision-makers in Washington, D.C. to increase competition among raters.” Credit rating agencies provide an assessment of the creditworthiness of a View Details
Keywords: by Martha Lagace; Financial Services
  • 22 Sep 2009
  • First Look

First Look: September 22

Authors:Richard M.J. Bohmer and Thomas H. Lee Publication:New England Journal of Medicine 361, no. 6 (August 5, 2009) An abstract is unavailable at this time. Read the article: http://healthcarereform.nejm.org/?p=1347 Dividend Taxes and... View Details
Keywords: Martha Lagace
  • 01 Aug 2022
  • What Do You Think?

Does Religious Belief Affect Organizational Performance?

organizational culture has a significant impact on an index comprised of annual net income growth, annual return on invested capital, and annual growth of stock price. We found that strong cultures can have either significantly positive... View Details
Keywords: Re: James L. Heskett
  • 2024
  • Working Paper

Scaling Core Earnings Measurement with Large Language Models

By: Matthew Shaffer and Charles CY Wang
We study the application of large language models (LLMs) to the estimation of core earnings, i.e., a firm's persistent profitability from its core business activities. This construct is central to investors' assessments of economic performance and valuations. However,... View Details
Keywords: Large Language Models; AI and Machine Learning; Accounting; Profit; Corporate Disclosure; Analytics and Data Science; Measurement and Metrics
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Shaffer, Matthew, and Charles CY Wang. "Scaling Core Earnings Measurement with Large Language Models." Working Paper, November 2024.
  • 01 Oct 2021
  • Research & Ideas

Dying to Lead: How Reaching the Top Can Kill You Sooner

A warning to CEOs and other top executives in high-pressure positions: Job stress could shave years off your life, causing you to die younger than lower-level workers, new research suggests. After all, modern CEOs face taxing work... View Details
Keywords: by Jay Fitzgerald
  • 18 Jun 2024
  • Research & Ideas

Industrial Decarbonization: Confronting the Hard Challenges of Cement

Cities like Cairo; Chongqing, China; Delhi; and Kinshasa, Congo are experiencing population explosions accompanied by unprecedented demand for homes, offices, factories, and infrastructure. In the United States, the Biden Administration’s policy-driven infrastructure... View Details
Keywords: by by Janelle Conaway; Green Technology; Energy; Industrial Products; Manufacturing
  • 15 Jul 2019
  • Book

Many Executives Are Afraid of Finance. Here's How They Can Gain Confidence

researches tax policy, international finance, and corporate finance. The book grew out of his efforts to make finance more accessible through executive education teaching and his online course Leading with... View Details
Keywords: by Dina Gerdeman
  • 19 Jan 2015
  • Research & Ideas

Is Wikipedia More Biased Than Encyclopædia Britannica?

Democrats (e.g., tax breaks, minimum wage, fuel efficiency) and Republicans (e.g., death tax, border security, war on terror), rating each according to political slant. Zhu and Greenstein then identified some 4,000 articles that appeared... View Details
Keywords: by Michael Blanding; Publishing
  • 28 Nov 2005
  • Research & Ideas

Unilever: Transformation and Tradition

job."1 It was remarkable that the corporate image of a company whose brands were so well known, and whose operations were so widespread, was so indistinct. There were times between the 1960s and 1990 when Unilever appeared amorphous.... View Details
Keywords: by Geoffrey Jones; Consumer Products
  • 05 May 2020
  • Research & Ideas

China Tariffs and Coronavirus a Double Hit to American Retailers

however, that mostly absorbed the higher prices caused by the ongoing trade war. While last year’s corporate tax cuts helped to soften the blow, those tariffs have continued to cut into their profit margins.... View Details
Keywords: by Michael Blanding
  • 06 Nov 2008
  • Op-Ed

Selling Out The American Dream

dreams. But these same politicians are consistently unwilling to raise taxes when required. The massive budget deficits run up during the last eight years of war (now projected at 3.8 percent of GDP in 2009) reflect a Federal government... View Details
Keywords: by John Quelch
  • October 2016
  • Case

The Quiet Ascension of LA Fitness

By: John R. Wells and Gabriel Ellsworth
In 2016, LA Fitness was the largest chain of non-franchised fitness clubs in North America, operating 676 clubs, serving 4.9 million members, and generating revenues of over $1.9 billion. Founded by Chinyol Yi, Louis Welch, and Paul Norris in 1984, the privately held... View Details
Keywords: LA Fitness; Health Clubs; Fitness; Gyms; Chain; Exercise; Personal Training; Retention; Bally Total Fitness; 24 Hour Fitness; Planet Fitness; Buildings and Facilities; Acquisition; Business Growth and Maturation; Business Model; For-Profit Firms; Customers; Customer Focus and Relationships; Customer Satisfaction; Demographics; Age; Gender; Income; Residency; Borrowing and Debt; Capital; Capital Structure; Cash; Cash Flow; Cost; Private Equity; Financial Condition; Financial Liquidity; Financing and Loans; Investment Return; Price; Profit; Revenue; Geographic Location; Geographic Scope; Multinational Firms and Management; Business History; Employees; Recruitment; Selection and Staffing; Human Capital; Contracts; Business or Company Management; Goals and Objectives; Growth and Development Strategy; Market Entry and Exit; Operations; Service Operations; Leasing; Private Ownership; Problems and Challenges; Sales; Salesforce Management; Situation or Environment; Opportunities; Sports; Strategy; Business Strategy; Competition; Competitive Strategy; Competitive Advantage; Corporate Strategy; Expansion; Segmentation; Information Technology; Mobile Technology; Technology Platform; Health Industry; United States; California; Los Angeles
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Wells, John R., and Gabriel Ellsworth. "The Quiet Ascension of LA Fitness." Harvard Business School Case 717-424, October 2016.
  • 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
  • 05 Jun 2009
  • What Do You Think?

What Does Slower Economic Growth Really Mean?

modest increases in both productivity and jobs.) It also means, even without a change in tax rates, a larger tax base. This is important to the extent that it is a major component of a government's plan to... View Details
Keywords: by Jim Heskett; Financial Services; Construction; Real Estate
  • 18 Feb 2015
  • First Look

First Look: February 18

enterprises (MNEs), the paper argues we have reason to reject assigning human rights obligations to business enterprises and their managers. The paper begins by distinguishing business and human rights from the more general topic of View Details
Keywords: Sean Silverthorne
  • 18 Jun 2013
  • First Look

First Look: June 18

in order to enforce the accountability of corporate entities and governments for past injustices in Switzerland forms the basis of this study. Purchase this case: http://hbr.org/search/913037-PDF-ENG Harvard Business School Case 713-018... View Details
Keywords: Anna Secino
  • 06 Mar 2018
  • First Look

First Look at Research and Ideas, March 6, 2018

Charles C.Y., and Jesse M. Fried Abstract—It’s no secret that the American economy is suffering from the twin ills of slow growth and rising income inequality. Many lay the blame at the doors of America’s largest public corporations. The... View Details
Keywords: Sean Silverthorne
  • 10 Apr 2014
  • Research & Ideas

John Kotter’s Plan to Accelerate Your Business

To succeed in today's fast-moving economy, traditional corporate structures are holding back companies, even great companies, from being creative enough and speedy enough to compete effectively. What's needed, argues Harvard Business... View Details
Keywords: by Kim Girard
  • 31 May 2016
  • First Look

May 31, 2016

despite high marginal tax rates; and, why other firms maintain high leverage despite little tax benefit. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=49212 Firm Selection and View Details
Keywords: Sean Silverthorne
  • 23 Jun 2008
  • Research & Ideas

Innovative Ways to Encourage Personal Savings

support every low- to moderate-income family, says Tufano. Beyond valuable programs like Social Security, tax breaks for savers, or auto-enrollment initiatives, there are more innovative and exciting projects: Prize-linked savings... View Details
Keywords: by Martha Lagace; Financial Services
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