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Publications

Publications

Filter Results: (82) Arrow Down
Filter Results: (82) Arrow Down Arrow Up

Show Results For

  • All HBS Web  (82)
    • News  (7)
    • Research  (68)
  • Faculty Publications  (16)

Show Results For

  • All HBS Web  (82)
    • News  (7)
    • Research  (68)
  • Faculty Publications  (16)
← Page 2 of 82 Results →
  • Research Summary

Financial reporting quality and its consequences

Does reporting quality have real economic consequences? Professor Yu addresses this question in her research, which examines the channels through which reporting quality affects the behavior of economic agents, namely managers and investors. Her particular focus is... View Details

  • 2024
  • Working Paper

Does the Case for Private Equity Still Hold?

By: Nori Gerardo Lietz and Philipp Chvanov
Private Equity (“PE”) received a 10-fold increase in capital flows since the Great Financial Crisis (“GFC”) Investors sought higher nominal returns relative to those they could obtain in the public capital markets. This paper questions the fundamental assumptions... View Details
Keywords: Private Equity; Investment Return; Investment Portfolio; Financial Markets
Citation
SSRN
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Lietz, Nori Gerardo, and Philipp Chvanov. "Does the Case for Private Equity Still Hold?" Harvard Business School Working Paper, No. 24-066, January 2024.
  • 10 Feb 2009
  • First Look

First Look: February 10, 2009

2005, the U.S. dollar (particularly in relation to the Canadian dollar) and the euro and Swiss franc (particularly in the second half of the period) have moved against world equity markets. Thus these currencies should be attractive to risk-minimizing global equity... View Details
Keywords: Martha Lagace
  • January 2013 (Revised April 2017)
  • Supplement

Maxum Petroleum, Inc.

By: W. Carl Kester
Maxum seeks an oil-price hedging strategy that yields substantial cash during oil price spikes, is affordable under ordinary circumstances, and is easily managed. It is striving to avoid a repeat of the challenging situation encountered in 2008 when spiking oil prices... View Details
Keywords: Hedging; Options; Commodities; Credit Derivatives and Swaps; Risk Management; Futures and Commodity Futures; Financial Strategy; Volatility
Citation
Purchase
Related
Kester, W. Carl. "Maxum Petroleum, Inc." Harvard Business School Spreadsheet Supplement 213-714, January 2013. (Revised April 2017.)
  • 21 May 2007
  • Research & Ideas

Fixing the Marketing-CEO Disconnect

low growth and declining margins. The presumption of organic growth is baked into most companies' stock value, but many companies and their boards are faced with a requirement for organic growth that they're unsure how to meet. For these... View Details
Keywords: by Sean Silverthorne
  • 20 Dec 2011
  • First Look

First Look: December 20

teams are exacerbated when teams are leaderless, undermining performance. A longitudinal study of multicultural MBA study teams found that in the early stage of team formation, teams with a low average level of, but moderate degree of... View Details
Keywords: Carmen Nobel
  • Web

Behavioral Finance & Financial Stability

fluctuations. The authors introduce a novel measure of risk perceptions: the price of volatile stocks. They show that high perceived risk is associated with low risk-free interest rates, a high cost of... View Details
  • 28 Feb 2012
  • First Look

First Look: Feb. 28

political and economic elite help explain the low achievement levels of these four countries and the incredible amount of heterogeneity within each of them. Download the paper: http://www.nber.org/papers/w17852 Expertise Dissensus: A... View Details
Keywords: Sean Silverthorne
  • 11 Dec 2018
  • First Look

New Research and Ideas, December 11, 2018

Pflueger, Carolin E., Emil Siriwardane, and Adi Sunderam Abstract—We propose a new measure of the economy’s risk appetite based on the valuation of volatile stocks. Unlike proxies for risk appetite derived from aggregates, our measure is... View Details
Keywords: Dina Gerdeman
  • 19 Jun 2012
  • First Look

First Look: June 19

  PublicationsFood for Thought? Trust Your Unconscious When Energy Is Low Authors:Maarten Bos, Ap Dijksterhuis, and Rick B. Van Baaren Publication:Journal of Neuroscience, Psychology and Economics 5, no. 2 (May 2012) Abstract Recent... View Details
Keywords: Sean Silverthorne
  • Web

2023 Reunion Presentations - Alumni

last? Why is the ‘skills gap’ so pervasive and enduring? Why is the workforce participation at historic lows across so many developed countries? What can be done to reverse the trend toward a barbell shaped income distribution? This... View Details
  • 28 Sep 2010
  • First Look

First Look: September 28, 2010

explain the following stylized facts: (1) U.S. and Mexican output co-move more than consumption, (2) U.S. shocks have a larger effect on Mexico than in the U.S., (3) U.S. business cycles lead over medium-term fluctuations in Mexico, and (4) Mexican consumption is more... View Details
Keywords: Sean Silverthorne
  • 20 Aug 2013
  • First Look

First Look: August 20

too volatile given the mean reversion in earnings. We show that high current ship earnings are associated with high secondhand ship prices and heightened industry investment in fleet capacity but forecast View Details
Keywords: Anna Secino
  • Web

Research - Behavioral Finance & Financial Stability

Emil Siriwardane & Adi Sunderam MAR 2020 This research provides evidence that financial market risk perceptions are important drivers of economic fluctuations. The authors introduce a novel measure of risk perceptions: the price of View Details
  • 25 Jan 2010
  • Research & Ideas

A Macroeconomic View of the Current Economy

economists worry a lot about how a country can increase its GDP growth rate, how higher growth of output can be achieved over the long term, and how we can make sure that in the short term total output isn't unduly volatile (with... View Details
Keywords: by Sean Silverthorne
  • Web

2022 Reunion Presentations - Alumni

will look at an example—a company that is optimized to operate in a differentially turbulent environment and is thriving in part by virtue of its ability to handle elevated levels of risk. We will then consider other ideas about how firms can operate more effectively... View Details
  • 14 Jul 2020
  • Research & Ideas

Restarting Under Uncertainty: Managerial Experiences from Around the World

As economies reopen after forced shutdowns caused by COVID-19, managers around the world are faced with a dual challenge: keep the workforce safe while preserving business viability in an evolving and volatile market. How should... View Details
Keywords: by Raffaella Sadun, Andrea Bertoni, Alexia Delfino, Giovanni Fassio, and Mariapaola Testa
  • 01 Sep 2014
  • News

Ask the Expert: Byte-Testing Bitcoin

extreme volatility as Bitcoin, and does volatility impede transactional utility? In other words, can Bitcoin really function as a “currency”? — Jay Precourt (MBA 1962) Bitcoin has been volatile, though it... View Details
Keywords: alumni; Data Processing, Hosting, and Related Services; Information
  • 01 Dec 2018
  • News

INK: The Bookshelf

of this book is that the volatility through the messy middle of any project is about achieving a positive slope. Your job is to manage the lows and maintain a focus on optimizing the highs.” CLASSIC... View Details
  • 15 Jul 2008
  • First Look

First Look: July 15, 2008

  Working PapersInvestable Tax Credits: The Case of the Low Income Housing Tax Credit Authors:Mihir A. Desai, Dhammika Dharmapala, and Monica Singhal Abstract The Low Income Housing Tax Credit (LIHTC)... View Details
Keywords: Martha Lagace
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