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  • All HBS Web  (2,496)
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    • News  (628)
    • Research  (1,495)
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  • All HBS Web  (2,496)
    • People  (12)
    • News  (628)
    • Research  (1,495)
    • Events  (7)
    • Multimedia  (19)
  • Faculty Publications  (791)
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  • 01 Jun 2012
  • News

Drivers of Long-term Business Value

  • March 2018 (Revised April 2018)
  • Case

Morgan Stanley: Building Long-Term Sustainability

By: Vikram S. Gandhi and Lynn Schenk
This case focuses on the 10-year journey of one of the world's largest global financial institutions developing a sustainability strategy and integrating it across all of its business units. The case provides a deep dive into the challenges and successes of trying to... View Details
Keywords: Finance; Sustainability; Green Bonds; ESG; Environmental Sustainability; Strategy; Business Units; Integration; Financial Institutions
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Gandhi, Vikram S., and Lynn Schenk. "Morgan Stanley: Building Long-Term Sustainability." Harvard Business School Case 318-103, March 2018. (Revised April 2018.)
  • 20 Aug 2015
  • News

Innovation needed for long-term sustainability

  • 06 Apr 2016
  • News

Innovation Leaders Create Long-Term Value

  • September 2018
  • Teaching Note

City Year at 30: Toward Long-Term Impact

By: Rosabeth Moss Kanter and Jonathan Cohen
This teaching note assists in the classroom instruction of the HBS No. 318-089, “City Year at 30: Toward Long-Term Impact.” It offers to instructors a case summary and analysis, along with student preparation questions and a guide for classroom discussion of the case.... View Details
Keywords: Scaling; Education Entrepreneurship; Education; Service Operations; Nonprofit Organizations; Growth and Development Strategy; Performance Efficiency; Resource Allocation; Change Management; Social Entrepreneurship; Middle School Education; Secondary Education; Philanthropy and Charitable Giving; Human Capital; Growth Management; Service Delivery; Organizational Design; Social Enterprise; Poverty; United States
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Kanter, Rosabeth Moss, and Jonathan Cohen. "City Year at 30: Toward Long-Term Impact." Harvard Business School Teaching Note 319-040, September 2018.
  • January 2022
  • Background Note

The Florange Law: Encouraging Long-Termism in Equity Markets?

By: Charles C.Y. Wang and Tonia Labruyere
This note provides background information on a French law (“the Florange law”) passed in 2014 that the French government said would encourage long-term shareholdings. The note describes the law, what led to it, the reactions it evoked, and similar initiatives in other... View Details
Keywords: Equity; Financial Markets; Investment Activism; Institutional Investing; Corporate Governance; Policy; Rights; Laws and Statutes; Business and Government Relations; Accounting Industry; France
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Wang, Charles C.Y., and Tonia Labruyere. "The Florange Law: Encouraging Long-Termism in Equity Markets?" Harvard Business School Background Note 122-065, January 2022.
  • Research Summary

Debt Maturity: Is Long-Term Debt Optimal? (with Fabio Kanczuk)

By: Laura Alfaro
We model and calibrate the arguments in favor and against short-term and long-term debt. These arguments broadly include: maturity-term premium, tax smoothing, rolling over risk and the cost from defaulting. We use a dynamic equilibrium model with tax distortion,... View Details
  • 20 May 2013
  • Research & Ideas

The Long-Term Fix to US Competitiveness

At an event at Harvard Business School that was three parts analysis and one part rally, participants tried to chart a new path forward for the sluggish US economy—a move that may require a new definition of "competitiveness." Highlighting the panel... View Details
Keywords: by Stephanie Schorow & Harvard Gazette
  • July 2000
  • Article

Managerial Decisions and Long-Term Stock-Price Performance

By: Mark Mitchell and Erik Stafford
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Mitchell, Mark, and Erik Stafford. "Managerial Decisions and Long-Term Stock-Price Performance." Journal of Business 73, no. 3 (July 2000). (Winner of Merton Miller Prize Given annually for the best paper published in the Journal of Business​.)
  • August 2024
  • Supplement

Discerene Group: Long-Term Public-Markets Investing

By: Luis M. Viceira and Brent Schwarz
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Viceira, Luis M., and Brent Schwarz. "Discerene Group: Long-Term Public-Markets Investing." Harvard Business School Spreadsheet Supplement 225-704, August 2024.
  • October 2012 (Revised April 2017)
  • Case

Brazil's Enigma: Sustaining Long-Term Growth

By: Laura Alfaro, Hilary White and Haviland Sheldahl-Thomason
Over the past decade, Brazil's future as a leading world economic power appeared certain. An expanding middle class and commodity boom had fueled economic growth, with GDP growth hitting a peak of 7.5% in 2010. However, the high cost of conducting business in Brazil,... View Details
Keywords: Capital Controls; Inflation; Exchange Rates; Stimulus; Competitiveness; Productivity Growth; Foreign Investment; Infrastructure; Inflation and Deflation; Currency Exchange Rate; Brazil
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Alfaro, Laura, Hilary White, and Haviland Sheldahl-Thomason. "Brazil's Enigma: Sustaining Long-Term Growth." Harvard Business School Case 713-040, October 2012. (Revised April 2017.)
  • February 1991
  • Case

Long-Term Competition and Product Variety

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Brandenburger, Adam M., and Vijay Krishna. "Long-Term Competition and Product Variety." Harvard Business School Case 191-128, February 1991.
  • October 1999 (Revised October 2004)
  • Case

Long-Term Capital Management, L.P. (D)

By: Andre F. Perold
Supplements the (C) case. View Details
Keywords: Financial Services Industry
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Perold, Andre F. "Long-Term Capital Management, L.P. (D)." Harvard Business School Case 200-010, October 1999. (Revised October 2004.)
  • March 2003
  • Article

Foreign Currency for Long-Term Investors

By: Luis M. Viceira, John Y. Campbell and Joshua S. White
Keywords: Currency; Investment
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Viceira, Luis M., John Y. Campbell, and Joshua S. White. "Foreign Currency for Long-Term Investors." Economic Journal 113, no. 486 (March 2003).
  • April 2024
  • Article

Demand-and-Supply Imbalance Risk and Long-Term Swap Spreads

By: Samuel G. Hanson, Aytek Malkhozov and Gyuri Venter
We develop and test a model in which swap spreads are determined by end users' demand for and constrained intermediaries’ supply of long-term interest rate swaps. Swap spreads reflect compensation both for using scarce intermediary capital and for bearing convergence... View Details
Keywords: Swap Spreads; Credit Derivatives and Swaps; Interest Rates; Risk and Uncertainty; Volatility
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Hanson, Samuel G., Aytek Malkhozov, and Gyuri Venter. "Demand-and-Supply Imbalance Risk and Long-Term Swap Spreads." Art. 103814. Journal of Financial Economics 154 (April 2024).
  • August 2021
  • Article

Rate-Amplifying Demand and the Excess Sensitivity of Long-Term Rates

By: Samuel G. Hanson, David O. Lucca and Jonathan H. Wright
Long-term nominal interest rates are surprisingly sensitive to high-frequency (daily or monthly) movements in short-term rates. Since 2000, this high-frequency sensitivity has grown even stronger in U.S. data. By contrast, the association between low-frequency changes... View Details
Keywords: Conundrum; Investor Demand; Monetary Policy Transmission; Interest Rates
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Hanson, Samuel G., David O. Lucca, and Jonathan H. Wright. "Rate-Amplifying Demand and the Excess Sensitivity of Long-Term Rates." Quarterly Journal of Economics 136, no. 3 (August 2021): 1719–1781.

    Patient Capital: The Challenges and Promises of Long-Term Investing

    There has never been a greater need for long-term investments. And it is increasingly unlikely that the public sector will be willing or able to fill the gap. Those best positioned to address the long-run needs are likely to be the pools of capital in the hands of... View Details

    • October 1985 (Revised September 1986)
    • Background Note

    Long-Term Debt Reporting, Rating, and Analysis

    By: David F. Hawkins
    Keywords: Borrowing and Debt
    Citation
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    Hawkins, David F. "Long-Term Debt Reporting, Rating, and Analysis." Harvard Business School Background Note 186-079, October 1985. (Revised September 1986.)
    • 03 Aug 2012
    • News

    The Long-Term Value of Internet Companies

    • December 1992
    • Article

    Will Japan Remain a Long-Term Investor?

    By: M. E. Porter and Rebecca E. Wayland
    Keywords: Investment; Japan
    Citation
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    Porter, M. E., and Rebecca E. Wayland. "Will Japan Remain a Long-Term Investor?" Nikkei bijinesu [Nikkei Business] (December 1992).
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