Seasoned Equity Offerings - Publications - Faculty & Research

06 Mar 2007
First Look

First Look: March 6, 2007

self-disclosed violations. Download the paper: http://www.hbs.edu/research/pdf/07-020.pdf Cases & Course MaterialsAustin, Blakeley, & Cambridge, LLC. Harvard Business School Case 207-098 The founding partners of ABC, LLC, one of the leading private View Details

Keywords: Martha Lagace

27 Oct 2009
First Look

First Look: October 27

survey data from India and Indonesia, we first show that financial literacy is a powerful predictor of demand for financial services. To test the relative importance of literacy and price, we implement a field experiment, offering... View Details

Keywords: Martha Lagace

07 Sep 2011
First Look

First Look: Sept. 7

This case consists primarily of excerpts from term sheets and prospectuses for six securities offerings made by U.S. companies during 2009-2010, just after the financial crisis and recession of 2008-2009. There are three issues of senior... View Details

Keywords: Sean Silverthorne

04 Oct 2016
First Look

October 4, 2016

purchasing Treasuries did not have such differential effects. We find that the Fed's purchase of MBS (rather than exclusively Treasuries) during QE1 resulted in an additional $600 billion of refinancing, substantially reduced interest payments for refinancing... View Details

27 Apr 2010
First Look

First Look: April 27

education; provide case studies showing how leading MBA programs have begun reinventing themselves for the better; and offer concrete ideas for how business schools can surmount the challenges that come with reinvention, including... View Details

Keywords: Martha Lagace

17 Mar 2021
Research & Ideas

Beyond Pajamas: Sizing Up the Pandemic Shopper

for profit margins? The stakes are high. Without a doubt, bringing more customers into online channels offers a great upside. Not only do they contribute to sales today, but they may continue to buy online even after the pandemic.... View Details

Keywords: by Ayelet Israeli, Eva Ascarza, and Laura Castrillo; Retail

15 Jan 2008
First Look

First Look: January 15, 2008

commences with an overview of why industry research is relevant, then offers detailed guidelines on how to approach and what to consider when investigating an industry as part of the analysis necessary to make a decision about investing... View Details

Keywords: Martha Lagace

04 Aug 2008
Research & Ideas

How Female Stars Succeed in New Jobs

to stars when they change jobs. Equity analysts are an ideal population to study: Their performance is objectively measured every year, there is a lot of demographic and organizational data on them and their employers, and many things are... View Details

Keywords: by Martha Lagace; Financial Services

10 May 2004
Research & Ideas

Rethink the Value of Joint Ventures

markets offer without incurring the costs of collaborating. Two examples stick out. First, if your production processes are fragmented all around the world, then a relationship with a local partner is rife with conflict as the... View Details

Keywords: by Cynthia Churchwell

20 Jan 2017
Research & Ideas

Here’s How Businessman Trump Is Likely to Approach the Presidency

likes to do operations like housekeeping and food and beverage. And there’s a third entity that has the brand. Companies like the Four Seasons or Ritz Carlton, we say they “flag” a hotel. They don’t manage it; they “flag” it. Trump has a... View Details

Keywords: by Christina Pazzanese

20 Dec 2011
First Look

First Look: December 20

technological development offered by the Royal Agricultural Society of England at annual competitions between 1839 and 1939. We find that the effects of prizes on competitive entry are large, and we also detect an impact of the prizes on... View Details

Keywords: Carmen Nobel

17 Apr 2007
First Look

First Look: April 17, 2007

who offer innovative products. Buyers who trust their current suppliers are less likely to seek information about the new product and they express less interest in purchasing it. Once the product becomes available, they do in fact make... View Details

Keywords: Martha Lagace

15 Sep 2009
First Look

First Look: September 15

standard preferences and show that the endogenous structure of the network is conducive to sharing by a significant number of peers, even if sharing is costlier than freeriding. We build on this model of p2p to analyze the optimal strategy of a profit-maximizing firm,... View Details

Keywords: Martha Lagace

11 Sep 2012
First Look

First Look: September 11

they made by history, or do they make it? In Indispensable, Harvard Business School professor Gautam Mukunda offers an enticingly fresh look at how and when individual leaders really can make a difference. By identifying and analyzing the... View Details

Keywords: Sean Silverthorne

04 Jun 2013
First Look

First Look: June 4

acquisition, offer branding guidelines, and explain how a choir of angel investors often will sing different parts. Publisher's link: http://www.amazon.com/Managing-Startups-Best-Blog-Posts/dp/1449367879 2006 Journal of Economic Behavior... View Details

Keywords: Sean Silverthorne

19 Apr 2004
Research & Ideas

Ground-Floor Opportunities for Retail in India

however, offers a different model that consumers are beginning to embrace. "Our outlets encourage browsing and we sell at a fixed price." Jain cited a challenge familiar to any retailer in any country: difficulty managing... View Details

Keywords: by Julia Hanna; Consumer Products; Retail

21 Jun 2011
First Look

First Look: June 21

intermediate, respectively. However, for larger quality provision costs, firms exploit both dimensions to differentiate their products. In particular, we characterize a maximal differentiation equilibrium in which one firm chooses the highest quality level on both... View Details

Keywords: Sean Silverthorne

27 Mar 2012
First Look

First Look: March 27

how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder—CEO should exit or be fired.... View Details

Keywords: Carmen Nobel

12 Nov 2008
First Look

First Look: November 12, 2008

firms' ownership structures affect their earnings quality and long-term performance. Focusing on a unique sample of private firms for which there is financial data available in the years before and after their initial public offering... View Details

Keywords: Martha Lagace

2024
Article

Half the Firms, Double the Profits: Public Firms' Transformation, 1996–2022

By: Mark J. Roe and Charles C.Y. Wang

The number of public firms in the United States has halved since the beginning of the twenty-first century, causing consternation among corporate and securities law regulators. The dominant explanations, often advanced by Securities and Exchange commissioners when... View Details