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  • All HBS Web  (1,025)
    • News  (230)
    • Research  (562)
    • Multimedia  (3)
  • Faculty Publications  (332)
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  • August 1986 (Revised May 2005)
  • Case

Mike Finkelstein (B)

By: Carliss Y. Baldwin, Charles Bryan and Ken Leet
Following his successful turnaround of WTXX, Waterbury, Mike Finkelstein joined Odyssey Partners with a mandate to build a communications company. From 1982-1985, he acquired three more stations, financing each as an independent partnership. However, increasing... View Details
Keywords: Business Exit or Shutdown; Cash; Business or Company Management; Bonds; Cost vs Benefits; SWOT Analysis; Alignment; Acquisition; Financial Strategy; Corporate Finance; Communications Industry
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Baldwin, Carliss Y., Charles Bryan, and Ken Leet. "Mike Finkelstein (B)." Harvard Business School Case 287-021, August 1986. (Revised May 2005.)
  • 21 Jan 2020
  • Research & Ideas

Lessons for Retailers from the Rebirth of Indie Bookstores

neighborhoods. “It’s almost like a social movement,” says Raffaelli, who says indie bookstores are “anchors of authenticity in an ever-increasing digital and disconnected world.” The notion goes beyond a bond with customers to include... View Details
Keywords: by Michael Blanding; Entertainment & Recreation
  • 21 Feb 2017
  • First Look

First Look at New Research: February 21

Michael Milken: The Junk Bond King Michael Milken, an investment banker who dominated the junk bond market in the 1980s, was sentenced to jail in 1990 after pleading guilty to a number of securities and... View Details
Keywords: Carmen Nobel
  • 29 Jan 2019
  • First Look

New Research and Ideas, January 29, 2019

Abstract— We document a strong effect of pension and insurance company (P&I) assets on the long end of the yield curve. Using data from 26 countries, the yield spread between 30-year and 10-year government bond yields is negatively... View Details
Keywords: Dina Gerdeman
  • 04 Jan 2012
  • First Look

First Look: January 4

information revelation v. concealment at different stages of the campaign. Download the paper: http://www.hbs.edu/research/pdf/12-046.pdf What Makes the Bonding Stick? A Natural Experiment Involving the U.S. Supreme Court and Cross-Listed... View Details
Keywords: Carmen Nobel
  • 11 Mar 2001
  • Research & Ideas

Evolving for Success [Part Two]

needs for flexibility if they have families—and help them bond with each other. The third is meaning. People want to do work that's meaningful, that they feel has a purpose. The company should be meaningful, and the company's... View Details
Keywords: by Staff
  • 29 Apr 2015
  • Lessons from the Classroom

Use Personal Experience to Pick Winning Stocks

they felt was inadequately represented in the bond market. "We could see this macroeconomic storm on the horizon," says Higgins, whose previous experience at a global macro hedge fund proved valuable to the team. "But there... View Details
Keywords: by Michael Blanding; Financial Services
  • 01 Nov 1999
  • Research & Ideas

Companies, Cultures and the Transformation to the Transnational

achieved largely through the bond of family membership or the personal loyalty of appointees. The family patriarch might take an annual voyage to visit key foreign holdings, and would perhaps also correspond with the appointed heads of... View Details
Keywords: by Christopher A. Bartlett & Sumantra Ghoshal
  • 20 Feb 2018
  • First Look

First Look at New Research and Ideas, February 20, 2018

bonds generates a crowding out of corporate lending. For a given domestic firm, new debt is less likely to be a loan—i.e., the loan supply contracts—when local banks have purchased more domestic sovereign debt and when that debt is risky... View Details
Keywords: Sean Silverthorne
  • 23 Dec 2008
  • First Look

First Look: December 23, 2008

Goldman Sachs & Co.—where one of the authors (Friedman) was Chairman—during the 1980s and early '90s: the firm's moves into junk bonds and private equity and its sustained efforts to become a truly global company. An effective... View Details
Keywords: Martha Lagace
  • 28 Aug 2007
  • First Look

First Look: August 28, 2007

worked. In the first decade of the 20th century, Charles Coffin demonstrated that he was an adept negotiator who amassed great wealth for GE in building generators and power equipment for local utilities in which GE also had a financial stake through View Details
Keywords: Martha Lagace
  • 24 Jul 2018
  • Op-Ed

4 Ways Managers Can Exercise Their 'Agency' to Change the World

General Motors was moving toward its vision of zero emissions and zero accidents by investing in electrified, shared, and autonomous vehicles. And while Wells Fargo was creating fraudulent accounts, Bank of America Merrill Lynch became a leader in underwriting green... View Details
Keywords: by George Serafeim
  • 02 Mar 2017
  • What Do You Think?

Is China About to Overtake the US for World Trade Leadership?

current account trade deficit for the US followed, with the resulting funds invested by the Chinese government in US Treasury bonds instead of going into increased consumption by Chinese consumers. This depressed global interest rates and... View Details
Keywords: by James Heskett
  • 27 Jan 2016
  • Research & Ideas

A Politician's Investment Portfolio Might Tip Off Corruption Potential

OpenSecrets.org. Direct stock or bond holdings were straightforward to categorize as risky or not. For mutual funds Minor tapped investment industry experts to help him devise an algorithm to categorize the 10,000-plus funds as more... View Details
Keywords: by Roberta Holland
  • 14 Oct 2009
  • First Look

First Look: October 14

(defined as the difference between the yield of a sovereign's bonds and the risk-free rate). In this paper, we contribute to the discussion by arguing that an important explanatory factor is the impact that commodities have on the... View Details
Keywords: Martha Lagace
  • 22 Apr 2015
  • Op-Ed

Reforming Greece: Myths and Truths

capital encourages business development." They gave a ranking of close to 6 before the crisis and 1.3 in 2014. To make things worse, credit rating agencies imposed filters that automatically downgraded ratings of Greek corporations when Greek government View Details
Keywords: by George Serafeim
  • 11 Oct 2016
  • First Look

October 11, 2016

debt. We propose that monetary policy credibility explains the currency composition of sovereign debt and nominal bond risks in the presence of risk-averse investors. In our model, low credibility governments inflate during recessions,... View Details
Keywords: Sean Silverthorne
  • 24 Jul 2013
  • Op-Ed

Detroit Files for Bankruptcy: HBS Faculty Weigh In

fund them in advance, there's trouble ahead. They will soon pay higher interest rates on their municipal bonds and ultimately may face a financial crisis like the current one in Detroit. That's not what the doctor ordered. The Long View... View Details
Keywords: by John Macomber, Robert C. Pozen, Eric D. Werker & Benjamin Kennedy; Auto
  • 13 Oct 2003
  • Research & Ideas

Negotiating Challenges for Women Leaders

should get paid?" or say, "I'm having a rough struggle with this and that." There is not the same kind of emotional bond across gender. It's obviously difficult to have tight emotional bonds... View Details
Keywords: by Martha Lagace
  • 11 Dec 2018
  • First Look

New Research and Ideas, December 11, 2018

activity. When our measure is high, safe bonds fall in value and risky assets rally, forecasting a boom in investment. Risk appetite is closely linked to investors’ expectations of future risk and rises following positive macroeconomic... View Details
Keywords: Dina Gerdeman
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