Publications

Publications

Filter Results: (1,904) Arrow Down
Filter Results: (1,904) Arrow Down Arrow Up

Show Results For

Show Results For

← Page 23 of 1,904 Results →
  • 22 Mar 2018
  • News

Sustainability: A New Way of Doing Business

  • 12 Oct 2017
  • HBS Seminar

Benjamin Marx, MIT

  • 2024
  • Working Paper

LASH Risk and Interest Rates

By: Laura Alfaro, Saleem Bahaj, Robert Czech, Jonathan Hazell and Ioana Neamtu
We introduce a framework to understand and quantify a form of liquidity risk that we dub Liquidity After Solvency Hedging or “LASH” risk. Financial institutions take LASH risk when they hedge against losses, using strategies that lead to liquidity needs when the value... View Details
Keywords: Liquidity; Monetary Policy; Non-bank Intermediaries; Hedging; Risk and Uncertainty; Investment Funds; Financial Condition; Interest Rates
Related
  • January 1985
  • Case

Business Research Corp. (A)

By: William A. Sahlman
Contains a description of a decision confronting an entrepreneur: which of two investment proposals should he accept to fund the creation and marketing of a database that comprises the full text of research reports produced by Wall Street investment banking firms? The... View Details
Keywords: Strategy; Cost vs Benefits; Valuation; Investment Banking; Negotiation Participants; Negotiation Deal; Financing and Loans; Financial Strategy; Corporate Finance; Service Industry
Related

    Shawn A. Cole

    Shawn Cole is the John G. McLean Professor in the Finance Unit at Harvard Business School, where he teaches and conducts research on financial services, impact investing, and Social Enterprise. He serves as faculty chair of the Social Enterprise... View Details

    Keywords: banking; financial services; microfinance
    • Article

    Reaching for Yield in the Bond Market

    By: Bo Becker and Victoria Ivashina
    Reaching for yield—the propensity to buy riskier assets in order to achieve higher yields—is believed to be an important factor contributing to the credit cycle. This paper analyzes this phenomenon in the corporate bond market. Specifically, we show evidence for... View Details
    Keywords: Fixed Income; Reaching For Yield; Financial Intermediation; Insurance Companies; Insurance; Assets; Bonds; Investment Return; Investment Portfolio; Risk Management; Insurance Industry
    Related
    • January – February 2011
    • Article

    Benchmarks as Limits to Arbitrage: Understanding the Low-Volatility Anomaly

    By: Malcolm Baker, Brendan Bradley and Jeffrey Wurgler
    Contrary to basic finance principles, high-beta and high-volatility stocks have long underperformed low-beta and low-volatility stocks. This anomaly may be partly explained by the fact that the typical institutional investor's mandate to beat a fixed benchmark... View Details
    Keywords: Volatility; Stocks; Investment Return; Investment Portfolio; Risk Management; Performance Expectations
    Related
    • January 2020
    • Article

    The Job Rating Game: Revolving Doors and Analyst Incentives

    By: Elisabeth Kempf
    Investment banks frequently hire analysts from rating agencies. While many argue that this "revolving door" creates captured analysts, it can also create incentives to improve accuracy. To study this issue, I construct an original dataset, linking analysts to their... View Details
    Keywords: Credit Rating Agencies; Investment Banking; Recruitment; Performance Evaluation; Financial Services Industry
    Related
    • 11 Sep 2018
    • Working Paper Summaries

    IQ from IP: Simplifying Search in Portfolio Choice

    Keywords: by Huaizhi Chen, Lauren Cohen, Umit Gurun, Dong Lou, and Christopher J. Malloy
    • January 2023 (Revised June 2024)
    • Case

    Zaoui & Co. (A): Consigliere for High Stakes M&A Transactions

    By: Ashish Nanda, Alex Kitsberg and Zack Kurtovich
    In September 2019, Zaoui & Co.’s close-knit team of professionals convened for their annual off-site. In its nine years of operation, the boutique investment bank founded by the brothers Michael (HBS ’83) and Yoel Zaoui (Stanford GSB ’88), had garnered a track record... View Details
    Keywords: Professional Service Firm; Entrepreneurship; Finance; Strategy; Investment Banking; Organizational Change and Adaptation; Growth and Development Strategy; Europe; United Kingdom
    Related
    • Web

    Publications - Faculty & Research

    ; Financial Institutions ; Antitrust ; Competition Citation SSRN Read Now Related Gasparini, Matteo, and Peter Tufano. "An Empirical Examination of Business Climate Alliances: Effective and/or Harmful?" Harvard Business School Working... View Details
    • 09 Mar 2020
    • Working Paper Summaries

    Impact Investing: A Theory of Financing Social Entrepreneurship

    Keywords: by Benjamin N. Roth; Financial Services
    • 29 Jun 2021
    • Blog Post

    DIVERSIFYING OUR CASE PROTAGONISTS: HOW IS HARVARD BUSINESS SCHOOL DOING A YEAR LATER?

    In the wake of George Floyd’s murder and the resurgent Black Lives Matter movement that followed, institutions across the country, including Harvard Business School (HBS), examined themselves with a critical eye. In the subsequent... View Details
    • 30 Jun 2021
    • Blog Post

    Diversifying Our Case Protagonists: How is Harvard Business School Doing a Year Later?

    In the wake of George Floyd’s murder and the resurgent Black Lives Matter movement that followed, institutions across the country, including Harvard Business School (HBS), examined themselves with a critical eye. In the subsequent... View Details
    • 07 Dec 2015
    • Research & Ideas

    The Rise of Personalized Entrepreneurial Finance and Other VC Trends

    industries in different ways. Venture capital, for example, was once mostly reserved for institutional investors backed by endowments and pension funds. Today, it increasingly includes individual investors who are using technological... View Details
    Keywords: Re: Josh Lerner; Financial Services; Banking
    • 2023
    • Working Paper

    Firm Visibility and Acquisition Likelihood: Evidence from Seeking Alpha Coverage

    By: Pu Gu, Benjamin Yost and Yuan Zou
    This study investigates whether social media coverage influences a firm’s likelihood of being acquired. Specifically, we hypothesize that coverage of a firm on the Seeking Alpha platform raises its visibility to potential acquirers and M&A advisers (i.e., investment... View Details
    Keywords: Social Media; Mergers and Acquisitions; Marketplace Matching; Investment Banking
    Related
    • 12 PM – 1 PM EST, 10 Nov 2016
    • Webinars: Trending@HBS

    Impact Investing: Challenges and Opportunities

    Never has there been a time when so many believed in both the ability and responsibility of the private sector to combat the world's greatest social challengesfrom poverty to climate change to accessible health care. Recent years have seen the creation of thousands of... View Details
    • 21 Feb 2013
    • HBS Seminar

    Rodrigo Wagner, Tufts University

    • August 2009
    • Case

    Nomura's Global Growth: Picking Up Pieces of Lehman

    By: C. Fritz Foley and Linnea Meyer
    What issues commonly arise in international financial management? Kenichi Watanabe and Takumi Shibata, CEO and COO of Nomura Holdings Inc., one of the leading investment banks in Asia, have the opportunity to expand their firm internationally through the acquisition of... View Details
    Keywords: Mergers and Acquisitions; Insolvency and Bankruptcy; Investment Banking; International Finance; Cross-Cultural and Cross-Border Issues; Expansion; Financial Services Industry; Japan
    Related
    • March 2025 (Revised March 2025)
    • Background Note

    Getting to Net Zero: The Role of the Financial Sector

    By: Shawn Cole, Jonah Zahnd, Karina Chung and Jack Cenovic
    In early 2025, momentum towards the goal of reaching net zero carbon emissions by 2050 continued in many parts of the world, even as it appeared to face a set-back following the election of Donald Trump as president of the United States. Financial institutions... View Details
    Related