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  • All HBS Web  (1,351)
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  • All HBS Web  (1,351)
    • People  (3)
    • News  (308)
    • Research  (738)
    • Events  (3)
    • Multimedia  (1)
  • Faculty Publications  (382)
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  • 23 Apr 2014
  • Working Paper Summaries

Corporate Financial Policies in Misvalued Credit Markets

Keywords: by Jarrad Harford, Marc Martos-Vila & Matthew Rhodes-Kropf; Banking; Banking
  • 08 May 2023
  • Research & Ideas

How Trump’s Anti-Immigrant Rhetoric Crushed Crowdfunding for Minority Entrepreneurs

but that gap triples during periods of high public anxiety over immigration in the United States. “When there is the greatest anxiety, we see this funding shortfall.” Banks have historically rejected loan applications from Black, Asian,... View Details
Keywords: by Scott Van Voorhis
  • 29 Oct 2013
  • First Look

First Look: October 29

firms that are financially constrained, using three novel tests: an exogenous increase in a firm's demand for credit, exogenous variation in the supply of bank loans, and the tendency for firms to pay out the proceeds of equity issues to... View Details
Keywords: Sean Silverthorne
  • 30 Aug 2004
  • Research & Ideas

Real Estate: The Most Imperfect Asset

Finance II, students learn about the Rule of One Price, or why two people do not always pay the same. Students learn what professor Peter Tufano calls the "Matrix of Imperfections" in the capital markets, such as transaction... View Details
Keywords: by Sarah Jane Johnston; Construction; Real Estate
  • 08 Aug 2017
  • First Look

First Look at Research and Ideas, August 8, 2017

firms had “slack,” but not through changing investments or accruals. These incentives are driven by the prestige associated with the index rather than capital market benefits. Back-of-envelope estimates suggest that the index accounted... View Details
Keywords: Sean Silverthorne
  • 24 Nov 2003
  • Research & Ideas

Boards and Corporate Governance: A Balanced Scorecard Approach

Differing governance systems. In the Anglo-Saxon system, capital markets play a key role; in the German, Japanese, and European systems, banks play a more important role; in emerging markets, business groups... View Details
Keywords: Re: Robert S. Kaplan & Krishna G. Palepu
  • 30 Oct 2019
  • Research & Ideas

How to Recover Gracefully After Shutting Down Your Startup

more than 230 creditors, including a bakery owner who held a special bake sale to express her outrage. Did a company that had raised more than $120 million in venture capital need to stiff so many people? Tom Eisenmann, the Howard H.... View Details
Keywords: by Danielle Kost
  • 14 Aug 2012
  • First Look

First Look: August 14

(GMCR) senior executives in a negotiation to license technology from Keurig, a startup that has developed an innovative "portion pack" coffee brewing solution. The negotiation will determine the royalty to be paid to Keurig by GMCR, which will bear View Details
Keywords: Sean Silverthorne
  • 21 Feb 2005
  • Op-Ed

Is Business Management a Profession?

graduate degree for the past twenty years, it is not a requirement for becoming a manager. It is true that for those seeking access to senior executive positions or work in the fields of investment banking or consulting, an MBA has become... View Details
Keywords: by Rakesh Khurana, Nitin Nohria & Daniel Penrice
  • 18 Jul 2022
  • Research & Ideas

After the 'Crypto Crash,' What's Next for Digital Currencies?

attention and especially energy around speculation and trading—this gives an entrepreneur more time to focus and actually develop their product carefully without constantly having to face the market. Gazette: In November, the global crypto market View Details
Keywords: by Christina Pazzanese, Harvard Gazette; Financial Services; Technology
  • 14 Jul 2020
  • Research & Ideas

Restarting Under Uncertainty: Managerial Experiences from Around the World

proactive effort to be as effective and clear as possible in their communication to both internal and external stakeholders. Importantly, a vast majority of the initiatives that companies in our sample are implementing do not require large View Details
Keywords: by Raffaella Sadun, Andrea Bertoni, Alexia Delfino, Giovanni Fassio, and Mariapaola Testa
  • 28 Feb 2012
  • First Look

First Look: Feb. 28

narrowing his list of potential expansion sites to the five Chinese cities of Chengdu (the capital of Sichuan Province), Jinan (capital of Shandong Province), Nanjing (capital of Jiangsu Province), Suzhou (Jiangsu), and Wuhan (capital of... View Details
Keywords: Sean Silverthorne
  • 30 Jun 2021
  • In Practice

The Harvard Business School Faculty Summer Reader 2021

Indeed, the book I co-wrote with Marco Iansiti, Competing in the Age of AI, is partially inspired by the writings of Iain Banks and the (so amazing) Culture series, Ann Leckie and the Ancillary Justice series, and anything that William... View Details
Keywords: by Kathryn Haviland
  • 10 Oct 2011
  • Research & Ideas

Retailing Revolution: Category Killers on the Brink

declined or held flat, and return on invested capital (ROIC) has suffered dramatically. This decline in ROIC has been exacerbated by the significant growth in store square footage before the recession. Retail store count exploded through... View Details
Keywords: by Rajiv Lal & Jose B. Alvarez; Retail
  • 22 Aug 2024
  • Research & Ideas

Reading the Financial Crisis Warning Signs: Credit Markets and the 'Red-Zone'

credit market dynamics—and investor behavior. HBS Working Knowledge spoke with Robin Greenwood, the George Gund Professor of Finance and Banking at Harvard Business School, about the role markets may play in shaping economic conditions.... View Details
Keywords: by Rachel Layne; Banking
  • 24 Sep 2024
  • Research & Ideas

Why Small Businesses Deserve More Credit

It’s Wall Street doctrine that small firms struggle to raise capital at reasonable rates and are often rejected for credit lines and loans because banks think their risk profile is too high. “If you really... View Details
Keywords: by Rachel Layne; Banking; Banking
  • 02 Sep 2015
  • Research & Ideas

Explaining China's Crash

After more than a decade of nearly can’t-miss growth, China’s stock market began a precipitous summer slide that has spooked investors worldwide. In July, the Shanghai composite index dropped 15 percent from June, prompting the People’s View Details
Keywords: by Christina Pazzanese; Financial Services
  • November 2004 (Revised April 2005)
  • Case

Deutsche Bank: Finding Relative Value Trades

Deutsche Bank's Fixed Income Research Group is looking for yield curve trades to pitch to clients as well as for their proprietary trading desk. The group has data on recent bond trades and a proprietary term structure model, which they can use to develop trading... View Details
Keywords: Bonds; Capital Markets; Investment Banking; Institutional Investing; Banking Industry; Germany
Citation
Educators
Purchase
Related
Chacko, George C., Peter A. Hecht, Vincent Dessain, and Anders Sjoman. "Deutsche Bank: Finding Relative Value Trades." Harvard Business School Case 205-059, November 2004. (Revised April 2005.)
  • 28 Aug 2014
  • Op-Ed

Government Can Do More to Unfreeze Small Business Credit

(Editor's note: This is the third in a series of articles based on a Harvard Business School working paper by Karen Mills that analyzes the current state of availability of bank capital for small business.)... View Details
Keywords: by Karen Mills; Banking
  • 06 Dec 2011
  • Op-Ed

Greater Fiscal Integration Best Solution for Euro Crisis

within the euro zone. This is hardly a recipe for growth, especially at a time of severe fiscal tightening. Moreover, European banks are in a difficult position. Depositors in countries that are seen as candidates to abandon the euro are... View Details
Keywords: by Dante Roscini
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