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  • Web

Helping and harnessing business to address society’s greatest challenges. | Institute for Business in Global Society

business' role in society and developing a thriving ecosystem for translating that research into action. Our Mission & Team BiGS Fellows Global Leadership Roundtables Tools & Resources Societies worldwide are facing pressing social,... View Details
  • 2021
  • Working Paper

No-fault Default, Chapter 11 Bankruptcy, and Financial Institutions

By: Robert C. Merton and Richard T. Thakor
This paper analyzes the costs and benefits of a no-fault-default debt structure as an alternative to the typical bankruptcy process. We show that the deadweight costs of bankruptcy can be avoided or substantially reduced through no-fault-default debt, which permits a... View Details
Keywords: No-fault Default; Chapter 11; Insolvency and Bankruptcy; Borrowing and Debt; Governing Rules, Regulations, and Reforms; Financial Institutions; Contracts
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  • Web

Charts & Statistics - Leadership

Influence: Medium-Low 20 1920 s 19 Union membership declines sharply Minimum wage and maximum working hour legislation overturned Influence: High 30 1930 s 19 Unemployment peaks at 25% Unions surge, adding 7 million members in a single... View Details
  • Web

Judges - Alumni

see" how things go. It is important to convey a sense of urgency Cesar Carvalho Co-Founder & CEO, Wellhub Cesar Carvalho Co-Founder & CEO, Wellhub Bio: Cesar Carvalho is the CEO and Co-Founder of Wellhub, a... View Details
  • Web

HBS - Financials | Supplemental Financial Information

tuition and fee revenue from the MBA program decreased 17 percent to $113 million from $136 million in fiscal 2020, as a number of students chose to take advantage of the School's deferral and leave policies... View Details
  • 25 Sep 2007
  • First Look

First Look: September 25, 2007

will in fact homogenize consumption patterns, and a few superstar products will emerge as winners in the market place. In this study, using two large customer transactions data sets obtained from an online... View Details
Keywords: Martha Lagace
  • February 2025
  • Article

Disclosure, Humanizing, and Contextual Vulnerability of Generative AI Chatbots

By: Julian De Freitas and I. Glenn Cohen
In the wake of recent advancements in generative AI, regulatory bodies are trying to keep pace. One key decision is whether to require app makers to disclose the use of generative AI-powered chatbots in their products. We suggest that some generative AI-based chatbots... View Details
Keywords: AI and Machine Learning; Governing Rules, Regulations, and Reforms; Applications and Software; Well-being
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  • Profile

Molly Welch

cases and even the necessary transition to online learning. As a kid, what did you want to be when you grew up? A writer, either a novelist or... View Details
  • 28 Mar 2024
  • Blog Post

IFC India: RMZ EcoWorld

require a combination of innovation on affordable sustainable solutions (such as cleaner cooking technologies) as well as View Details
  • Web

Why HBS? - Doctoral

Harvard faculty in departments including economics , psychology , and sociology , as well as other graduate professional schools, like the Harvard Kennedy School of Government... View Details
  • 2015
  • Book

Political Standards: Corporate Interest, Ideology, and Leadership in the Shaping of Accounting Rules for the Market Economy

By: Karthik Ramanna
There are certain institutions underlying our modern market-capitalist system that are largely outside the interest and understanding of the general public—e.g., rulemaking for bank capital adequacy, actuarial standards, accounting standards, and auditing practice. In... View Details
Keywords: Business And Society; Financial Institutions; Financial Reporting; GAAP; IFRS; Lobbying; Capitalism; Sustainability; Accounting; Finance; Business and Government Relations; Leadership; Accounting Industry; Financial Services Industry; United States; China; India
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  • 29 Aug 2023
  • News

Helping Consumers Decarbonize their Purchases

Subscribe on iTunes Subscribe on Spotify More Skydeck episodes Hi, this is Dan Morrell, host of Skydeck. In this episode, we’re going to be highlighting an episode of another HBS podcast: Climate Rising, which focuses on what businesses are doing, can do, and should do... View Details
  • July 2003
  • Case

De La Salle Academy

By: Thomas J. DeLong and David Ager
Brother Brian Carty, headmaster and founder of De La Salle Academy, a private school for academically talented, economically disadvantaged children in grades six to eight in New York City, is scheduled to meet with the school's board of directors to discuss how the... View Details
Keywords: Middle School Education; Corporate Accountability; Governing and Advisory Boards; Organizational Design; Management Succession; Corporate Social Responsibility and Impact; Business and Community Relations; Philanthropy and Charitable Giving; Education Industry
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  • 08 Aug 2012
  • Working Paper Summaries

Monetary Policy and Long-Term Real Rates

Keywords: by Samuel G. Hanson & Jeremy C. Stein
  • April 2003 (Revised October 2003)
  • Case

Banking on Germany?

Explores the causes and consequences of transforming Germany's bank-oriented financial system into one more oriented to capital markets. The economics of globalization, international accords such as Basel II, EU financial policies, and Germany's own regulatory reforms... View Details
Keywords: Corporate Governance; Financial Crisis; Banks and Banking; Banking Industry; Germany
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  • November 2010
  • Technical Note

Technical Note: An Abridged History of the American Corporation

By: Rakesh Khurana, Andrew David Klaber and Eric Baldwin
This note examines the development of the corporate form in the United States from the eighteenth century to the present, focusing primarily on legal issues. It identifies several major trends in the history of the American corporation: the transition of corporations... View Details
Keywords: Accounting; Corporate Accountability; Governing Rules, Regulations, and Reforms; History; Code Law; Managerial Roles; Corporate Social Responsibility and Impact; Private Ownership; United States
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  • 05 Jan 2010
  • First Look

First Look: January 5

per barrel that the Iraqi government considered too high. As a result, the Iraqi government conducted the auction View Details
Keywords: Martha Lagace
  • 17 Mar 2015
  • First Look

First Look: March 17

responsible for deciding which innovations to fund, a privilege that was previously reserved for a few experts, such as venture capitalists and grant‐making bodies. Little is... View Details
Keywords: Sean Silverthorne
  • 24 Feb 2020
  • Research & Ideas

The Hidden Vulnerabilities of Open Source Software

open source software projects, raising millions of dollars for open source security in the last six years. Public interest in FOSS security has renewed in the past few years as government agencies in the... View Details
Keywords: by Frank Nagle and Jenny Hoffman; Computer
  • 09 Jun 2024
  • Blog Post

The EC Formula: MBA Class of 2024 Looks Back

the public sector. Nurture entrepreneurship to invent and build new solutions for challenging public problems. Determine the right stakeholder to take the lead (should government build the solution, buy it, or partner with another... View Details