Impact Accounting - Publications - Faculty & Research

23 Apr 2024
In Practice

Getting to Net Zero: The Climate Standards and Ecosystem the World Needs Now

With each month clocking record-breaking temperatures across the planet, this Earth Day reflected the renewed urgency of regulators and businesses to find climate-change solutions. The US Securities and Exchange Commission recently adopted new rules that will mandate... View Details

Keywords: by Rachel Layne

07 Jun 2018
News

Bill Ackman on what it means to be an activist investor

14 Dec 2017
Working Paper Summaries

The Real Exchange Rate, Innovation and Productivity

Keywords: by Laura Alfaro, Alejandro Cuñat, Harald Fadinger, and Yanping Liu; Manufacturing

24 Mar 2015
News

Integrated Reporting: Corporate Disclosure for China’s “New Normal”

2024
Working Paper

Scaling Core Earnings Measurement with Large Language Models

By: Matthew Shaffer and Charles CY Wang

We study the application of large language models (LLMs) to the estimation of core earnings, i.e., a firm's persistent profitability from its core business activities. This construct is central to investors' assessments of economic performance and valuations. However,... View Details

Keywords: Large Language Models; AI and Machine Learning; Accounting; Profit; Corporate Disclosure; Analytics and Data Science; Measurement and Metrics

Citation

SSRN

25 Aug 2014
Working Paper Summaries

Agglomeration and Innovation

Keywords: by Gerald A. Carlino & William R. Kerr

07 Feb 2008
Working Paper Summaries

Attracting Flows by Attracting Big Clients: Conflicts of Interest and Mutual Fund Portfolio Choice

Keywords: by Lauren H. Cohen & Breno Schmidt; Financial Services

Web

Student Performance - Christensen Center for Teaching & Learning

class participation, individual written work on papers and exams, and group activities such as projects and presentations. Our focus here is on class participation, which is integral to the case method and often accounts for a significant... View Details

31 Jul 2012
First Look

First Look: July 31

likely would be difficult to finance externally. We argue that a developed financial system can facilitate exports, and we test three implications. First, a more developed financial system is associated with higher exports. Second, the View Details

Keywords: Carmen Nobel

08 Dec 2022
HBS Case

The War in Ukraine and Nestlé’s Moral Dilemma: Stay or Leave Russia?

today’s leaders face when confronted with a moral dilemma. Even though the business in Russia represented a small portion of Nestlé’s worldwide sales, staying in the country could have had an outsized impact on the company’s reputation.... View Details

Keywords: by Michael Blanding; Consumer Products

13 Jan 2023
Research & Ideas

Are Companies Actually Greener—or Are They All Talk?

Most companies now account for social good in their financial reports in some way, but with regulation scattershot and evolving, it’s complicated for investors to assess so-called ESG reports. The disclosures, known as Environmental, Social, and Governance reports,... View Details

Keywords: by Rachel Layne

Web

Technology & Operations Management - Faculty & Research

Opinion ; Supply Chain ; Corporate Accountability ; Corporate Social Responsibility and Impact ; Working Conditions Citation Read Now Related Bird, Yanhua, Jodi L. Short, and Michael W. Toffel. "How Firms... View Details

Web

Business, Government & the International Economy - Faculty & Research

increases countries’ democracy scores, whereas the impact of economic integration with non-democracies is muted. Results are stronger when democratic partners have a longer history of democracy, grow faster, spend more on public goods,... View Details

15 Sep 2008
Research & Ideas

The Coming Transformation of Social Enterprise

nation's social enterprise organizations. Today, the United States has more than 1.4 million non-profit organizations, and they account for 5 percent of GDP. Annual contributions have grown faster than the economy for years, and experts... View Details

Keywords: by Roger Thompson

01 Nov 2021
What Do You Think?

How Long Does It Take to Improve an Organization’s Culture?

(iStockphoto/skynesher) Most CEOs recognize the power of organizational culture and the impact that it can have on the bottom line. They acknowledge the importance of shared values and behaviors that influence the way an organization... View Details

Keywords: by James Heskett

Web

Online Business Courses & Certifications | HBS Online

CORe is a business fundamentals program that combines Business Analytics, Economics for Managers, and Financial Accounting with a final exam. 10-17 weeks, 8-15 hrs/week Apply by August 25 $2,650 Credential Business Analytics Professor... View Details

Web

Rock Summer Fellows - Entrepreneurship

both tracks. Students who desire greater structure and accountability should apply to Rock Accelerator. Rock Accelerator students will be held to additional mandatory weekly meetings and deliverables throughout the summer. Students... View Details

Program

Advancing Women of Color in Leadership

that deliver results Inspire others and foster their development and impact Take charge of your career growth Become more agile at navigating organizational politics Develop strategies for identifying and overcoming common obstacles to... View Details

December 2004
Article

Market Valuation and Merger Waves

By: Matthew Rhodes-Kropf and S. Viswanathan

Does valuation affect mergers? Data suggest that periods of stock merger activity are correlated with high market valuations. The naïve explanation that overvalued bidders wish to use stock is incomplete because targets should not be eager to accept stock. However, we... View Details

Keywords: Mergers and Acquisitions; Valuation; Market Transactions; Value; Cash; Stocks; Corporate Social Responsibility and Impact; Bids and Bidding; Market Design; Stock Shares; Accounting Audits; Performance Evaluation