Publications

01 Dec 2011
News

Professors Recognized with New Chair Appointments

challenges with practical effectiveness and moral integrity. The professorship was established in 2010 by James Dinan and Elizabeth Miller (both MBA ’85) in honor of their 25th HBS reunion. Joshua Coval is the Jay O. Light Professor of View Details

01 Oct 1999
News

Four Promoted to Full Professor

Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, won the Global Business Book Award for the best business book published that year. Christensen is currently head of the required General... View Details

16 Dec 2010
News

The Emergent Arab World

frequently “turn against their own people” and a business community that too often “can’t stand on its own two feet.” Going forward, Obeid said, the focus should be on the 65 percent of the MENA population that is under 30 years of age,... View Details

Keywords: Garry Emmons; Colleges, Universities, and Professional Schools; Educational Services; Government

15 Nov 2020
News

Podcasts Engage New Audiences with HBS

faculty, highlights new and noteworthy cases, and provides actionable takeaways for business leaders, all in about 25 minutes. Listeners might be CEOs tuning in during their commute or prospective students streaming it during a workout.... View Details

August 2000 (Revised July 2002)
Background Note

Fundamental Enterprise Valuation: Capital Expenditures (CAPEX)

By: Carliss Y. Baldwin

A technical note that defines capital expenditures (CAPEX). View Details

Keywords: Valuation; Business Ventures; Capital; Spending

22 Sep 2020
Research & Ideas

Recessions Push Some Entrepreneurs to Launch Too Soon

significant financial resources, prerequisites that are hardly conducive to spur-of-the-moment actions. In the forthcoming paper Lowering the Bar? External Conditions, Opportunity Costs, and High-Tech Startup Outcomes, Maria P. Roche, an assistant professor at Harvard... View Details

Keywords: by Sean Silverthorne

1999
Chapter

The Cyclical Behavior of Prices and Costs

By: Julio J. Rotemberg and Michael Woodford

Keywords: Price; Cost; Business Cycles

Article

Waves in Ship Prices and Investment

By: Robin Greenwood and Samuel G. Hanson

We study the link between investment boom and bust cycles and returns on capital in the dry bulk shipping industry. We show that high current ship earnings are associated with high used ship prices and heightened industry investment in new ships, but forecast low... View Details

Keywords: Business Earnings; Price; Investment; Shipping Industry

Find at Harvard

Read Now

November 1989 (Revised March 1995)
Case

Goodyear Tire & Rubber Co.--1988

By: Timothy A. Luehrman

Set two years after a takeover attempt forced the company to restructure by leveraging up, selling assets, and repurchasing stock. The case affords an opportunity to analyze what effect the restructuring had on: 1) the cost of capital, 2) investment decisions, and 3)... View Details

Keywords: Acquisition; Restructuring; Assets; Cost of Capital; Investment; Competition; Rubber Industry

08 May 2019
Blog Post

Top-Notch Talent Begets Top-Notch Talent

grindstone building out Prokanga’s finance practice. “The power of the HBS network when you’re building a business cannot be underestimated,” says Cheney. “It is unbelievable.” The Gig Economy Meets Wall... View Details

27 Nov 2012
News

The Beauty of the Network

Pao: A beauty business veteran leverages the HBS network to launch her own skincare line. Photo courtesy Patti Pao Patti Pao (MBA 1987) describes her two years at HBS as “spectacularly unsuccessful,” thanks in part to a culture clash with... View Details

Keywords: cosmetics; salmon; Finance; Finance; Finance; Finance; Finance; Finance

October 1998 (Revised April 2001)
Case

Preview Travel (B)

By: William A. Sahlman and Nicole Tempest

Supplements the (A) case. View Details

Keywords: Risk and Uncertainty; Business Model; Initial Public Offering; Internet and the Web; Business Plan; Capital; Financial Strategy; Travel Industry; United States

23 Jun 2014
News

In Venture Capital, Birds of a Feather Lose Money Together

November 2018 (Revised June 2022)
Teaching Note

AirFox (A): Embracing the Blockchain and an ICO

By: Jeffrey J. Bussgang and Nathaniel Schwalb

Teaching Note for HBS No. 818-097. In summer 2017, Victor Santos, CEO of AirFox, considered whether to pivot his startup towards a new product built with blockchain—a quickly growing technology at the time. AirFox was an early stage startup that sold... View Details

Keywords: Blockchain; Cryptocurrency; Initial Coin Offering; ICO; Business Startups; Finance; Currency; Strategy; Decision Making; United States

May 2018 (Revised January 2019)
Case

AirFox (A): Embracing the Blockchain and an ICO

By: Jeffrey J. Bussgang, Edward B. Berk and Nate Schwalb

In summer 2017, Victor Santos, CEO of AirFox, considered whether to pivot his startup towards a new product built with blockchain—a quickly growing technology at the time. AirFox was an early stage startup that sold Software-as-a-Service (SaaS) to small telecom... View Details

Keywords: Blockchain; Cryptocurrency; Initial Coin Offering; ICO; Business Startups; Finance; Currency; Strategy; Decision Making; United States

January 1989 (Revised September 1995)
Case

MSDI-Alcala de Henares, Spain

By: Timothy A. Luehrman

Merck & Co., Inc. is evaluating a proposed cost-saving investment by its Spanish subsidiary. The case introduces techniques of discounted cash flow valuation analysis in a multicurrency setting. Can be used to teach basic international parity conditions as they relate... View Details

Keywords: Business Subsidiaries; Cash Flow; Cost Management; Currency; Investment; Management Analysis, Tools, and Techniques; Valuation; Spain