Publications

October 2011 (Revised December 2011)
Case

Vignette: Alternative Liquidity Options

By: Felda Hardymon, Josh Lerner and Ann Leamon

The growth of companies that facilitate the sales of unregistered stock, such as that granted to employees of successful but long-private companies, has raised a number of questions among regulators, investors, and company founders. This brief vignette sketches out... View Details

Keywords: Financial Liquidity; Private Equity; Stocks; Business Growth and Maturation; Sales

01 Sep 2010
News

Letters to the Editor

article in a business journal that gives as strong, comprehensive, and accurate a depiction of corrupt business practices as “Show Me the Money.” My own career was mostly in the Foreign Service when I had... View Details

Keywords: Finance; Finance

25 Feb 2020
News

@Soldiers Field

IT’S A WRAP Above: In December, Professor of Management Practice Willy Shih (with Harvard Business Publishing’s Dave Di Iulio) filmed a video on the topic of digital transformation at the Klarman Studio soundstage—one of three studios... View Details

01 Dec 2012
News

Reimagining Capitalism In a World of Limited Resources

experts granted the privilege of sharing her knowledge, Henderson used her time, she says, "to tell him everything I know about business, energy, and the environment." Henderson, the John and Natty McArthur University Professor and codirector of the View Details

Keywords: Dalai Lama

July 2012
Article

The Real Consequences of Market Segmentation

By: Sergey Chernenko and Adi Sunderam

We study the real effects of market segmentation due to credit ratings using a matched sample of firms just above and just below the investment-grade cutoff. These firms have similar observables, including average investment rates. However, flows into high-yield mutual... View Details

Keywords: Segmentation; Credit; Investment; Investment Funds; Quality; Markets; Measurement and Metrics; Business Ventures

April 2005 (Revised October 2006)
Case

David Berman

By: Ananth Raman, Vishal Gaur and Saravanan Kesavan

Examines the decision of a hedge fund manager who is considering investing in a retail stock. The protagonist is concerned about the retailer's inventory level. Explores the relationship between the retailer's inventory and future earnings--and, hence, the relationship... View Details

Keywords: Business Earnings; Stocks; Price; Supply Chain Management; Investment

Web

Nora Jendoubi Archives | Social Enterprise

Filter Results: (2) Submit Author Types Alumni HBS Staff SE Practitioners SEI Faculty SEI Team Students Topics Alumni for Impact Alumni Programs Arts Business for Social Impact Business School Executive... View Details

2013
Working Paper

Improving Store Liquidation

By: Nathan Craig and Ananth Raman

Store liquidation is the time-constrained divestment of retail outlets through an in-store sale of inventory. The retail industry depends extensively on store liquidation, not only as a means for investors to recover capital from failed ventures, but also to allow... View Details

Keywords: Business Exit or Shutdown; Financial Condition; Operations; Retail Industry

February 2025
Case

RedBird Capital Partners

By: Anita Elberse and David Moreno Vicente

In July 2024, Gerry Cardinale, the founder and managing partner of RedBird Capital Partners (‘RedBird’) has helped orchestrate a high-profile deal in the world of entertainment: one in which Skydance Media (‘Skydance’), a content production studio led by David Ellison... View Details

Keywords: Film; Television; Superstars; General Management; Investing; Mergers and Acquisitions; Private Equity; Asset Management; Entertainment; Media; Sports; Business or Company Management; Investment; Marketing; Strategy; Financial Services Industry; Sports Industry; Entertainment and Recreation Industry

10 Oct 2017
News

Finish What You Start-up

college, coming out of business school––we have ourselves puffed up in a way that the reality of the world is going to crush in some way. “There was an advantage, in some ways, to being a startup in the Midwest. As I was getting out of... View Details

November 1998 (Revised July 1999)
Case

Spyder Active Sports, Inc. and CHB Capital Partners (B)

By: John A. Davis, Louis B. Barnes and Peter K. Botticelli

Supplements the (A) case. View Details

Keywords: Organizational Change and Adaptation; Private Equity; Family Business; Business Growth and Maturation; Entrepreneurship; Apparel and Accessories Industry; Sports Industry

September 1998 (Revised July 1999)
Case

Spyder Active Sports, Inc. and CHB Capital Partners (A)

By: John A. Davis, Louis B. Barnes and Peter K. Botticelli

After establishing a small but profitable skiwear business, an entrepreneur decides to sell a minority stake in the firm to outside investors. His goal is to acquire the capital needed to grow the business, even though this will entail a substantial transformation of... View Details

Keywords: Organizational Change and Adaptation; Private Equity; Family Business; Business Growth and Maturation; Entrepreneurship; Apparel and Accessories Industry; Sports Industry

October 1990
Article

Bankruptcy, Boards, Banks, and Blockholders: Evidence on Changes in Corporate Ownership and Control When Firms Default

By: S. C. Gilson

In 111 publicly traded firms that either file for bankruptcy or privately restructure their debt between 1979 and 1985, bank lenders frequently become major stockholders or appoint new directors. On average, only 46% of incumbent directors remain when bankruptcy or... View Details

Keywords: Insolvency and Bankruptcy; Governance; Banks and Banking; Change; Business Ventures; Ownership

June 2008
Article

The Market for Mergers and the Boundaries of the Firm

By: Matthew Rhodes-Kropf and David Robinson

We relate the property rights theory of the firm to empirical regularities in the market for mergers and acquisitions. We first show that high market-to-book acquirers typically do not purchase low market-to-book targets. Instead, mergers pair together firms with... View Details

Keywords: Mergers and Acquisitions; Assets; Investment; Property; Mathematical Methods; Boundaries

Portrait Project

Ryan Flamerich

other passengers, the plane carried our relationship. I always wanted to work with planes. Planes carry countless people each day, each with a story. Business deals waiting to be closed. New jobs about to get started. Planes empower our... View Details

24 Oct 2013
News

Searching for a Better Society

evidence-based, data-driven, iterative product-development process.” Dumon wasn't disappointed. "The whole experience was life-changing," he says. "It was the passion, the drive, the business cases themselves." He cites former View Details

Keywords: Robert S. Benchley; Management, Scientific, and Technical Consulting Services; Professional Services

01 Jun 2016
News

A Roundabout Path

Friedlander continues, “but telling the right story about it moves a company forward.” Realizing that he lacked the business knowledge to craft such a story with credibility and impact, Friedlander resolved to bridge the gap. He also knew... View Details

April 2011
Article

Local Dividend Clienteles

We exploit demographic variation to identify the effect of dividend demand on corporate payout policy. Retail investors tend to hold local stocks, and older investors prefer dividend-paying stocks. Together, these tendencies generate geographically varying demand for... View Details

Keywords: Business Headquarters; Demographics; Investment; Geographic Location; Policy; Business and Shareholder Relations