Publications

October 2008 (Revised November 2010)
Case

NEC Electronics

By: C. Fritz Foley, Robin Greenwood and James Quinn

Why do shares in NEC Electronics, a publicly listed subsidiary of Japan conglomerate NEC, trade at a discount to their fundamental value? Can Perry Capital, a U.S. hedge fund, restructure this subsidiary and generate significant returns? This case provides students... View Details

Keywords: Restructuring; Private Equity; Investment Return; Ownership Stake; Business and Shareholder Relations; Financial Services Industry; Japan

2025
Working Paper

When Where Watt: Harnessing the Value of Time and Location for Renewable Electricity Generation

By: Vishrut Rana, Christian Kaps and Serguei Netessine

Problem definition: Investments in renewable energy have surged worldwide in recent years, with over $2 trillion spent globally on clean energy. This surge was driven by growing policy support, concerns about energy security, and, most importantly, the cost... View Details

Keywords: Wind Power; Electricity Distribution; Renewable Energy; Profit; Investment Return; Factories, Labs, and Plants; Geographic Location; Revenue; Energy Industry; Utilities Industry

SSRN

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

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

20 Aug 2012
Research & Ideas

The Acquirers

understudied subject of business research. After all, the economic activity generated by these deals is huge—North American M&A deals in 2011 were estimated at $450 billion. But another reason, says Harvard View Details

Keywords: by Kim Girard; Financial Services

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

01 Mar 2019
News

The One That Got Away

online food delivery business based in Denmark. This was our conclusion: “Just Eat seems to only work in Denmark, where business is profitable. Its other half-dozen markets are burning cash. It already has... View Details

1993
Chapter

International Equity Acquisitions: Who, Where, and Why?

By: Paul M. Healy and Krishna G. Palepu

Keywords: Acquisition; Equity; International Finance

Career Coach

Martha Tassinari

Business Development, Marketing, Account Management, Strategy, Finance/Accounting, Independent Consulting. Co-raised $14M in venture funding. Early career foundation in Verizon's Finance Leadership... View Details

Keywords: Education; Entertainment / Media; Entrepreneurship; Venture Capital; Financial Services (All); Hospitality; Manufacturing; Publishing / Communications / Advertising; Retail; Clean Technology; Energy; Telecommunications; Technology

January 2023
Teaching Note

MicroStrategy’s Investment in Bitcoin

By: C. Fritz Foley, Celine Chammas and Donal O'Cofaigh

Teaching Note for HBS Case No. 222-048. View Details

Keywords: Bitcoin; Corporate Strategy; Acquisition; Investment Portfolio; Capital Structure; Equity

Web

Corporate Finance: Corporate Financial Operations (CFO) - Course Catalog

Course Content and Organization As a consequence of differences in perspectives, finance leaders and other operators often fail to collaborate effectively. Finance teams focus on the value implications of... View Details

Web

Amelia Angella Archives | Social Enterprise

Filter Results: (2) Submit Author Types Alumni HBS Staff SE Practitioners SEI Faculty SEI Team Students Topics Alumni for Impact Alumni Programs Arts Business for Social Impact Business School Executive... View Details

August 2017 (Revised September 2023)
Case

Altoona State Investment Board & Bain Capital Fund XI

By: Josh Lerner and Ted Berk

Considers the decision faced by state pension fund manager Rod Calhoun as he decides whether to invest $200 million in Bain Capital's eleventh global buyout fund: Bain Capital Fund XI. For the fund, Bain was offering its limited partners a choice among three different... View Details

Keywords: Equity Method; Leveraged Buyout; Management Buyout; Capital; Design; Entrepreneurship; Finance; Leveraged Buyouts; Management; Private Equity; Venture Capital; Banking Industry; Massachusetts

01 Dec 2019
News

Capitalizing the Corner Shop

more product and move to the next level? There are very few places to turn.’ ” The data backed up Kehinde’s experiences: Last year, the International Finance Corporation estimated the credit gap for small View Details

Keywords: Dan Morrell

March 2024 (Revised June 2024)
Case

Kashat: Navigating the Uncertainties of the Egyptian Fintech Market

By: Paul A. Gompers and Ahmed Dahawy

Karim Nour, the founder of Kashat, an Egyptian nano-lending fintech company, is contemplating how to manage the growth of his startup. Over the summer of 2022, Kashat's loan disbursements had grown by nearly 40%, fueled by macroeconomic instability in Egypt. However,... View Details

Keywords: Fintech; Business Model; Developing Countries and Economies; Acquisition; Business Exit or Shutdown; Mobile and Wireless Technology; Business Growth and Maturation; Business Startups; Financing and Loans; Capital; Financial Services Industry; Banking Industry; Egypt

01 Jun 2007
News

In Brief

Q&A with Steve Schwarzman. Private-equity firms have been on an acquisitions binge of late, and leading the pack is The Blackstone Group, headed by CEO Steve Schwarzman (MBA ’72). He talks about the buyout business and where it is headed.... View Details

Keywords: Finance; Finance; Finance; Finance; Finance

Web

Bibliography - Option Pricing in Theory & Practice: The Nobel Prize Research of Robert C. Merton - Exhibits - Historical Collections

Analysis of Corporate Capital Structures: An Empirical Investigation." Journal of Finance 39, no. 3 (July 1984): 611-625. Kester, W. Carl. "Today's Options for Tomorrow's Growth." Harvard Business Review 62,... View Details

January 1998 (Revised September 2001)
Case

Genset: 1989

By: Paul A. Gompers and Amy Burroughs

Discusses the start-up strategy at Genset, a French biotech firm. Pascal Brandys, a venture capitalist, and Marc Vasseur, a leading French scientist, must decide how to proceed. Future real options are central to the strategy. View Details

Keywords: Strategy; Venture Capital; Business Startups; Biotechnology Industry; France