Publications

01 Nov 2022

Harvard Business School Information Session in Lagos

Hosted by Chad Losee, Managing Director, HBS MBA Admissions and Financial Aid, this event is designed for prospective applicants to learn more about the MBA Program and life at HBS through the voices of HBS... View Details

31 Oct 2022

Harvard Business School Information Session in Abuja

Hosted by Chad Losee, Managing Director, HBS MBA Admissions and Financial Aid, this event is designed for prospective applicants to learn more about the MBA Program and life at HBS through the voices of HBS... View Details

Harvey H. Lamm

his tenure, Subaru was rated as one of the best financially managed automobile companies in the United States, regularly achieving 55%+ return on equity ratios. View Details

Keywords: Automotive & Aerospace

March 1973 (Revised October 1983)
Case

Stirling Homex (A)

Deals primarily with the basic issue of revenue recognition. Homex was recognizing revenue from its modular units prior to the date on which an actual sale had taken place. In addition, there are some interesting issues dealing with the allocation of profit between... View Details

Keywords: Working Capital; Resource Allocation; Revenue Recognition; Profit

01 Dec 2015
News

Case Study: Bionic Banking

(Thinkstock/Getty Images) Robo-advisors, like Betterment and Wealthfront, are built for millennials-automated asset management for those with lower account balances or an aversion to traditional financial... View Details

29 Jan 2021
News

Holding Business to Account

before the model Aiyer envisioned would be christened “impact investing,” she launched Walden Capital Management in 1994 to pursue these dual goals of financial return and social change on behalf her... View Details

Web

Additional Archives - Creating Emerging Markets

entrepreneurs and business leaders and includes video clips. The database is searchable by both topic and interviewee name. In English or Cantonese. Indian Institute of Management Ahmedabad (IIMA) Archives The Indian Institute of View Details

29 May 2001
Research & Ideas

Howard Stevenson on the Lessons of the Internet Era

Entrepreneurs and managers who can't adapt to the fast pace of change in the world—"a world that should be on Prozac"—are likely to miss out on opportunities in the years to come, says HBS Professor Howard Stevenson. The good... View Details

Keywords: by Sean Silverthorne

17 Jun 2016
Op-Ed

Companies Need to Start Marketing Security to Customers

boards of directors are keenly interested in the latest sustainability or corporate responsibility report. They do not routinely ask for or receive a product safety review. Risk management committees typically focus on View Details

Keywords: by John A. Quelch; Entertainment & Recreation

January 1993 (Revised July 2003)
Case

Texas High-Speed Rail Corporation

By: Timothy A. Luehrman

The finance director of the Texas High-Speed Rail Corp. (THSRC) is considering modifications to the financing program designed to support the development, construction, and operations of THSRC's planned high-speed rail system. The current plan achieves many objectives,... View Details

Keywords: Private Sector; Financial Strategy; Financing and Loans; Taxation; Management Analysis, Tools, and Techniques; Strategic Planning; Valuation; Rail Industry; Texas

Profile

Tyler Todd

Why was earning your MBA at HBS important to you? I love my engineering background, but my long-term goals of senior management and running my own company necessitated that I learn how to make sound business decisions. While you can learn... View Details

Keywords: Financial Services; Financial Services; Financial Services; Financial Services

2014
Working Paper

Private Equity's Diversification Illusion: Economic Comovement and Fair Value Reporting

By: Kyle Travis Welch

This study examines how accounting has informed private equity diversification claims and demand for private equity investments. Despite research showing private equity lacks portfolio diversification benefits, those marketing private equity assets continue to... View Details

SSRN

June 2024
Case

Caesars Entertainment: Governance on the Road to Bankruptcy

By: Kristin Mugford

Caesars Entertainment was a large casino operator in the United States that had been purchased in a 2008 leveraged buyout by Apollo and TPG. In January 2015, Caesars Entertainment Operating Company (CEOC), its largest subsidiary, filed for Chapter 11. This set up a... View Details

Keywords: Gaming; Chapter 11; Fraudulent Conveyance; Apollo; TPG; Bankruptcy; Leveraged Buyouts; Restructuring; Capital Structure; Insolvency and Bankruptcy; Private Equity; Financial Management; Lawsuits and Litigation; Negotiation; Games, Gaming, and Gambling; Borrowing and Debt; Entertainment and Recreation Industry; Las Vegas

May 1994 (Revised November 1995)
Case

Shawmut National Corporation's Merger with Bank of Boston Corporation (A)

By: Benjamin C. Esty

Presents the merger negotiations between Bank of Boston (BOB) and Shawmut National Corp. (SNC), two of the country's largest bank holding companies and requires students to value BOB's current offer for SNC. Provides an overview of recent events and trends in the... View Details

Keywords: Mergers and Acquisitions; Banks and Banking; Ethics; Negotiation; Valuation; Management; Banking Industry; United States

January 2024 (Revised May 2024)
Case

Pioneer Natural Resources: Enhancing the Capital Return Strategy with Variable Dividends

By: Benjamin C. Esty, Elisabeth Kempf and E. Scott Mayfield

In February 2021, Scott Sheffield, the CEO of Pioneer Natural Resources (an independent oil and gas company based in Texas), was considering the possibility of enhancing the firm’s capital return strategy by introducing a variable dividend tied to cash flows in... View Details

Keywords: Corporate Finance; Cash Flow; Financial Management; Financial Strategy; Value Creation; Decision Choices and Conditions; Investment Return; Profit; Policy; Business and Shareholder Relations; Energy Industry; United States; North America; Texas