Filter Results:
(55)
Show Results For
- All HBS Web
(55)
- News (17)
- Research (29)
- Multimedia (1)
- Faculty Publications (13)
Show Results For
- All HBS Web
(55)
- News (17)
- Research (29)
- Multimedia (1)
- Faculty Publications (13)
- Web
Faculty & Researchers - Managing the Future of Work
and Managing Staff Reductions , Harvard Business School case, 2023. With Marilyn Morgan Westner and Christopher Diak. What Companies Still Get Wrong About Layoffs , Harvard Business Review, 2022. With Marilyn Morgan Westner. CEOS Didn’t Make the View Details
- Web
Banking System - Behavioral Finance & Financial Stability
then. ROE is defined as net income divided by average Tier 1 capital. Source: Bank Holding Company Y9C Data Unlevered return on assets (ROA) has rebounded from its lows during the financial crisis but remains much lower than its... View Details
- Web
The 20th Century Zeitgeist - Leadership
oral contraceptive pill Influence: High 70 1970 s 19 National Organization for Women mobilizes for Equal Rights Amendment Roe v. Wade legalizes abortion Social discord continues over Vietnam War and civil rights Watergate scandal... View Details
- 25 Apr 2014
- News
Helping high achievers achieve even more
As cofounder of Summit Partners, E. Roe Stamps IV (MBA 1974) spurred economic growth and created jobs in a broad range of industries, from fiber optics to pathology laboratories, to electronics and semiconductor manufacturers. Established... View Details
- Web
Charts & Statistics - Leadership
Medium-High 60 1960 s 19 Civil rights movement gain strength Antiwar sentiment divides electorate FDA approves oral contraceptive pill Influence: High 70 1970 s 19 National Organization for Women mobilizes for Equal Rights Amendment Roe... View Details
- 28 May 2020
- Research & Ideas
Coronavirus Could Create a 'Bankruptcy Pandemic'
vendors could disrupt supply chains, further hurting the business and destroying value. This potential problem is troubling to a number of bankruptcy scholars, including my colleague Mark Roe at Harvard Law School. So, is this bleak... View Details
- 10 May 2020
- Blog Post
Let’s Hear it For the Moms – The Incredible Balancing Act of Student Mothers
He wrote: “For Sale: Baby shoes, never worn.” In this vein, we were given a generous 20 words to introduce an essential part of our identity to our classmates. I wrote: 1919 the 19th amendment 1972 Title IX 1973 Roe v. Wade 2019 Here I... View Details
- 01 Dec 2002
- News
The Campaign for Harvard Business School
$475 $500 95% *Total includes undesignated and unrestricted gifts, as well as planned gifts at present value Stamps Gift Supports Baker Reading Room A recent campaign gift of $12 million from the charitable foundations of E. Roe Stamps IV... View Details
- Web
Stamps Reading Room | About
Stamps Reading Room The Stamps Reading Room, located in Baker Library | Bloomberg Center , was made possible through the support of the charitable foundation of E. Roe Stamps IV (MBA 1974) and Penelope W. Stamps and is named in honor of... View Details
- 01 Sep 2012
- News
High Honors
“Englishnization” requirement—the subject of an HBS case study—includes programs designed to help staff pass proficiency tests. Admitting the policy is “drastic” and “controversial,” Mikitani says simply: “If we want to have one single global organization, we need to... View Details
- 24 Apr 2014
- News
Investing in college students to make the most of their education
ERoe Stamps IV (MBA 1974) talks about his goals for the Stamps Scholars Program, which is offered at more than 25 American universities to help college students make the most of their educational experiences. (Published April 2014) View Details
- 01 Dec 2012
- News
Kaplan Named Senior Associate Dean
Nohria said, "stand for everything we are about," are Franklin "Pitch" Johnson (MBA 1952); Hiroshi Mikitani (MBA 1993); Cynthia Carroll (MBA 1989); Andrew Tisch (MBA 1977); and E. Roe Stamps IV (MBA 1974). View Details
- 2024
- Article
Half the Firms, Double the Profits: Public Firms' Transformation, 1996–2022
By: Mark J. Roe and Charles C.Y. Wang
The number of public firms in the United States has halved since the beginning of the twenty-first century, causing consternation among corporate and securities law regulators. The dominant explanations, often advanced by Securities and Exchange commissioners when... View Details
Keywords: Corporate Law; Securities Regulation; Sarbanes-Oxley Act; Concentration Levels; Antitrust; Initial Public Offering; Public Ownership; Private Equity; Venture Capital; Mergers and Acquisitions; Monopoly; United States
Roe, Mark J., and Charles C.Y. Wang. "Half the Firms, Double the Profits: Public Firms' Transformation, 1996–2022." Journal of Law, Finance, and Accounting 8, no. 2 (2024): 211–264.
- 01 Jun 2002
- News
In the Driver's Seat
NASCAR racing is one of the more popular spectator sports in the country, but it's a tight little fraternity that's tough to join and expensive to belong to — maintaining a competitive team costs about $15 million per season. But die-hard racing buff Jeffrey View Details
- May 9, 2024
- Editorial
Public Companies Are Alive and Well: They’re Fewer in Number but Bigger and More Profitable than Ever Before.
By: Mark J. Roe and Charles C.Y. Wang
Roe, Mark J., and Charles C.Y. Wang. "Public Companies Are Alive and Well: They’re Fewer in Number but Bigger and More Profitable than Ever Before." Wall Street Journal (May 9, 2024), A.13.
- 24 Feb 2015
- News
Florida Alumni Connect Around a ‘Vision’ for the New HBS
alumni in the region, as well as speak with HBS faculty members and administrators. The evening featured remarks by Dean Nitin Nohria, Professors Rosabeth Moss Kanter and William A. Sahlman, 2013 Alumni Achievement Award recipient Roe... View Details
- September 2009
- Article
Finance and Politics: A Review Essay Based on Kenneth Dam's Analysis of Legal Traditions in The Law-Growth Nexus
By: Mark J. Roe and Jordan I. Siegel
Strong financial markets are widely thought to propel economic development, with many in finance seeing legal tradition as fundamental to protecting investors sufficiently for finance to flourish. Kenneth Dam finds that the legal tradition view inaccurately portrays... View Details
Keywords: Financial Development; Economic Development; Kenneth Dam; Finance; Government and Politics; Information; Law
Roe, Mark J., and Jordan I. Siegel. "Finance and Politics: A Review Essay Based on Kenneth Dam's Analysis of Legal Traditions in The Law-Growth Nexus." Journal of Economic Literature 47, no. 3 (September 2009): 781–800. (Strong financial markets are widely thought to propel economic development, with many in finance seeing legal tradition as fundamental to protecting investors sufficiently for finance to flourish. Kenneth Dam finds that the legal tradition view inaccurately portrays how legal systems work, how laws developed historically, and how government power is allocated in the various legal traditions. Yet, after probing the legal origins' literature for inaccuracies, Dam does not deeply develop an alternative hypothesis to explain the world's differences in financial development. Nor does he challenge the origins core data, which could be origins' trump card. Hence, his analysis will not convince many economists, despite that his legal learning suggests conceptual and factual difficulties for the legal origins explanations. Yet, a dense political economy explanation is already out there and the origins-based data has unexplored weaknesses consistent with Dam's contentions. Knowing if the origins view is truly fundamental, flawed, or secondary is vital for financial development policy making because policymakers who believe it will pick policies that imitate what they think to be the core institutions of the preferred legal tradition. But if they have mistaken views, as Dam indicates they might, as to what the legal traditions' institutions really are and which types of laws are effective, or what is really most important to financial development, they will make policy mistakes—potentially serious ones.)
- September 2011
- Article
Political Instability: Effects on Financial Development, Roots in the Severity of Economic Inequality
By: Mark J. Roe and Jordan I. Siegel
We here bring forward strong evidence that political instability impedes financial development, with its variation a primary determinant of differences in financial development around the world. As such, it needs to be added to the short list of major determinants of... View Details
Keywords: Financial Development; Political Instability; Government and Politics; Finance; Growth and Development; Economics; Equality and Inequality
Roe, Mark J., and Jordan I. Siegel. "Political Instability: Effects on Financial Development, Roots in the Severity of Economic Inequality." Journal of Comparative Economics 39, no. 3 (September 2011): 279–309. (We here bring forward strong evidence that political instability impedes financial development, with its variation a primary determinant of differences in financial development around the world. As such, it needs to be added to the short list of major determinants of financial development. First, structural conditions first postulated by
Engerman and Sokoloff (2002) as generating long-term inequality are shown here empirically to be exogenous determinants of political instability. Second, that exogenously-determined political instability in turn holds back financial development, even when we control for factors prominent in the last decade's cross-country studies of
financial development. The findings indicate that inequality-perpetuating conditions that result in political instability are fundamental roadblocks for international organizations like the World Bank that seek to promote financial development. The evidence here includes country fixed effect regressions and an instrumental model inspired by Engerman and Sokoloff's (2002) work, which to our knowledge has not yet been used in finance and which is consistent with current tests as valid instruments. Four conventional measures of national political instability — Alesina and Perotti's (1996) well-known index of instability, a subsequent index derived from Banks' (2005) work,
and two indices of managerial perceptions of nation-by-nation political instability — persistently predict a wide range of national financial development outcomes for recent decades. Political instability's significance is time consistent in cross-sectional regressions back to the 1960's, the period when the key data becomes available, robust
in both country fixed-effects and instrumental variable regressions, and consistent across multiple measures of instability and of financial development. Overall, the results indicate the existence of an important channel running from structural inequality to political instability, principally in nondemocratic settings, and then to financial
backwardness. The robust significance of that channel extends existing work demonstrating the importance of political economy explanations for financial development and financial backwardness. It should help to better understand which policies will work for financial development, because political instability has causes, cures, and effects quite distinct from those of many of the key institutions most studied in the past decade as explaining financial backwardness.)
- 11 May 2011
- News
The PMD 70 Tree and Other Memorials at HBS
expansion, Michael Bloomberg (MBA 1965), and the library’s named rooms (the Stamps Reading Room, the Aldrich Room, and the former Cole Room) honor E. Roe Stamps IV (MBA 1974), Nelson Aldrich again, and a professor and librarian of Baker,... View Details
- 01 May 2015
- News
Celebrating and Supporting Leadership
Lee (MBA 1985), Hiroshi Mikitani (MBA 1993), Leo F. Mullin (MBA 1967), Ajay G. Piramal (AMP 110, 1992), Thierry G. Porte (MBA 1982), Mark Schwartz (MBA 1978), Laurence E. Simmons (MBA 1972), Roe Stamps (MBA 1974), Ratan N. Tata (AMP 71,... View Details
Keywords: Educational Services