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Show Results For
- All HBS Web
(630)
- News (93)
- Research (475)
- Events (3)
- Multimedia (2)
- Faculty Publications (311)
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- 13 Nov 2012
- First Look
First Look: November 13
multi-currency capital structure with both senior, secured bank loans and junior bonds. PCP has to decide whether to push for bankruptcy in a European court, or to push for out of court renegotiations. The case is a tool for studying the difference between View Details
Keywords: Sean Silverthorne
- 03 Nov 2009
- First Look
First Look: Nov. 3
structure of financial assets and non-fundamental risk. An asset is fragile if its owners collectively have to buy or sell. Such assets are susceptible to non-fundamental price movements. An asset can be fragile because of concentrated ownership, or because its owners... View Details
Keywords: Martha Lagace
- 02 Oct 2018
- First Look
New Research and Ideas, October 2, 2018
corporate profitability, Japan introduced the JPX-Nikkei400 in 2014. The index highlighted the country's “best-run” companies by annually selecting the 400 most profitable among Japan's large and liquid firms. We find that managers... View Details
Keywords: Dina Gerdeman
- 01 Jul 2008
- First Look
First Look: July 1, 2008
American trade deficit and the price of oil at more than $130 per barrel (at press time) have created an inevitable pool of financial liquidity among oil exporters in the Arabian Gulf. But this era of petrodollar surpluses is markedly... View Details
Keywords: Martha Lagace
- 17 Nov 2009
- First Look
First Look: Nov. 17
banks to roll over their short-term debt. We document that there was a simultaneous run by borrowers who drew down their credit lines, leading to a spike in commercial and industrial loans reported on bank balance sheets. We examine whether these two stresses on bank... View Details
Keywords: Martha Lagace
- 10 Mar 2009
- First Look
First Look: March 10, 2009
its $18 billion in cash reserves during the week of March 10, 2008, and an unprecedented provision of liquidity support from the Federal Reserve on Friday, March 13 was insufficient to reverse the decline in Bear's condition. Federal... View Details
Keywords: Martha Lagace
- 04 Nov 2008
- First Look
First Look: November 4, 2008
had changed radically in March, and the Moody's team was fearful that the situation could spiral out of control. The Moody's team knew that carry traders increased Iceland's vulnerability to a confidence crisis because they were quick to View Details
Keywords: Martha Lagace
- 14 Nov 2017
- First Look
New Research and Ideas: November 14, 2017
profitability in Japan, the JPX-Nikkei400 Index was introduced in 2014. Each year the Index selected 400 large and liquid firms deemed best performing in terms of profitability; membership is considered highly prestigious. We document... View Details
Keywords: Carmen Nobel
- 01 Oct 2013
- First Look
First Look: October 1
also more pronounced for the insurance firms for which regulatory capital requirements are more binding. The results hold both at issuance and for trading in the secondary market and are robust to a series of bond and issuer controls, including issuer fixed effects as... View Details
Keywords: Sean Silverthorne
- 13 Jul 2010
- First Look
First Look: July 13
forces. We recognize the advantage of using fair values in circumstances where these are based on observable prices in liquid secondary markets, but caution against expanding fair values to financial reporting more generally. We conclude... View Details
Keywords: Martha Lagace
- May 2009
- Teaching Note
Nextel Partners: Put Option (TN)
By: Timothy A. Luehrman
Teaching Note for [207-128] View Details
- 28 Jan 2014
- First Look
First Look: January 28
Investment Group is deciding whether or not to recapitalize an equity investment in a Residencial Los Andes, a residential project in Santiago, Chile, or take a substantial loss. The project did not meet its sales goals, and the bank pressured the investors to View Details
Keywords: Sean Silverthorne
- 23 Nov 1999
- Research & Ideas
The Future of the Venture Capital Cycle
magnitude of fundamental technological innovation in the economy, the presence of liquid and competitive markets for venture capitalists to sell their investments (whether markets for stock offerings or acquisitions), and the willingness... View Details
- 08 Aug 2017
- First Look
First Look at Research and Ideas, August 8, 2017
Matthew D. Shaffer, and Charles C.Y. Wang Abstract—We study how a stock index can affect corporate behavior by serving as a source of prestige. After decades of low corporate profitability in Japan, the JPX-Nikkei400 index was introduced in 2014. The index selected 400... View Details
Keywords: Sean Silverthorne
- 15 Dec 2015
- First Look
December 15, 2015
https://www.hbs.edu/faculty/Pages/item.aspx?num=50187 Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model By: Begenau, Juliane Abstract—This paper develops a quantitative dynamic general equilibrium model... View Details
Keywords: Carmen Nobel
- 05 Mar 2019
- First Look
New Research and Ideas, March 5, 2019
Case 219-088 Liquidity Management No abstract available. Purchase this case:https://cb.hbsp.harvard.edu/cbmp/product/219088-PDF-ENG Harvard Business School Case 219-037 The Financial Crisis: Hank Paulson in 2008 On the afternoon of Monday... View Details
Keywords: Dina Gerdeman
- 07 Feb 2017
- First Look
First Look at New Research: February 7
initial investments in the form of equity, WTI focused primarily on lending money to start-ups, charging them interest and receiving warrants that could later be converted to stock in the case of a liquidity event. Most initial... View Details
Keywords: Sean Silverthorne
- 24 Sep 2013
- First Look
First Look: September 24
as well as liquidity and duration. Comparison of the ex-post performance of bonds acquired by insurance companies does not show outperformance but higher volatility of realized returns. Publisher's link:... View Details
Keywords: Sean Silverthorne
- 10 Jan 2012
- First Look
First Look: January 10
interest rate risk premium and a changing liquidity risk premium, and that the variability in the nominal bond risk premia reflects a changing inflation risk premium. We estimate significant time series variability in the magnitude and... View Details
Keywords: Sean Silverthorne
- 07 Jul 2009
- First Look
First Look: July 7
the assumed fraction of residues that can be sustainably removed from the field, and the potential of municipal solid waste as a feedstock depends on which components can be economically converted into liquid biofuels. Becoming the Lamp... View Details
Keywords: Martha Lagace