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Show Results For

  • All HBS Web  (852)
    • People  (10)
    • News  (178)
    • Research  (523)
    • Events  (2)
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  • Faculty Publications  (353)
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  • 03 Jul 2018
  • First Look

New Research and Ideas, July 3, 2018

to be depleted in “bad” times. Instead, issuing domestic debt while accumulating reserves acts as a hedge against external shocks. A quantitative exercise of the Brazilian economy suggests this strategy to be effective for smoothing... View Details
Keywords: Dina Gerdeman
  • 11 Apr 2017
  • First Look

First Look at New Research, April 11

investors at all horizons. However, it also means that the scope for hedging liabilities using global bonds has increased, benefiting investors with long-dated liabilities. Finally, we show that the well documented negative stock-bond... View Details
  • 08 Mar 2016
  • Research & Ideas

Solving an Economic Mystery Surrounding Argentina and Chile

be censored by the IMF for not supplying accurate data. Macri also signed an agreement with US hedge funds to settle a protracted dispute over the country’s failure to repay billions of dollars’ worth of bonds acquired at heavily... View Details
Keywords: by Sean Silverthorne
  • 06 Nov 2000
  • Research & Ideas

The Determinants of Corporate Venture Capital Success

basis of the task force's recommendation, Kearns decided to pursue a corporate venture capital program. He agreed to commit $30 million to invest in promising technologies developed at Xerox. As he commented at the time, "XTV is a View Details
Keywords: by Paul Gompers & Josh Lerner
  • 20 Aug 2013
  • First Look

First Look: August 20

Business School Case 413-126 "Hess Corporation On January 29, 2013, Elliott Management, a hedge fund run by Paul E. Singer, which owned 4.5% of Hess Corporation stock, put forward a slate of five independent directors it wanted... View Details
Keywords: Anna Secino
  • 31 Mar 2009
  • First Look

First Look: March 31, 2009

http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=509050 Shareholder Activists at Friendly Ice Cream (A1) Harvard Business School Case 109-013 Two activist investors, one a founder and one a hedge fund manager, seek to... View Details
Keywords: Martha Lagace
  • 15 Jan 2019
  • First Look

New Research and Ideas, January 15, 2019

case:https://hbsp.harvard.edu/product/818061-PDF-ENG Harvard Business School Case 218-079 Margin Accounts No abstract available. Purchase this case:https://hbsp.harvard.edu/product/218079-PDF-ENG Harvard Business School Case 119-032 Stock-Based Compensation at Twitter... View Details
Keywords: Dina Gerdeman
  • 20 Sep 2011
  • First Look

First Look: September 20

Authors:Jakub W. Jurek and Erik Stafford Abstract This paper studies the cost of capital for alternative investments. We document that the risk profile of the aggregate hedge fund universe can be accurately matched by a simple index put... View Details
Keywords: Sean Silverthorne
  • 30 Mar 2010
  • First Look

First Look: March 30

incentive to default through inflation versus hedging against unforeseen shocks. We model and calibrate these arguments to assess their quantitative importance. We use a dynamic equilibrium model with tax distortion, government outlays... View Details
Keywords: Sean Silverthorne
  • 28 Aug 2007
  • First Look

First Look: August 28, 2007

books. Purchase this case: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=107035 Leslie Brinkman at Versutia Capital Harvard Business School Case 407-089 Leslie Brinkman is the founder and CEO of a hedge fund, Versutia... View Details
Keywords: Martha Lagace
  • 24 Jan 2017
  • First Look

First Look at New Research: January 24, 2017

Starks at InSiL Therapeutics (B) This case accompanies the (A) case from Anthony Starks's perspective. Purchase this case: https://cb.hbsp.harvard.edu/cbmp/product/617030-PDF-ENG Harvard Business School Case 216-045 Tableau Matrix Capital Management, a long-short... View Details
Keywords: Sean Silverthorne
  • 01 Sep 2015
  • First Look

First Look -- September 1, 2015

high levels of reserves acts as a hedge against negative external shocks. A quantitative exercise, in which our model matches features of the Brazilian economic fluctuations and exchange-rate volatility, suggests this strategy to be... View Details
Keywords: Sean Silverthorne
  • 23 Jan 2006
  • Research & Ideas

Financial Reporting Goes Global

study. Of course, there are also political issues and disagreements that are slowing the progress of the IASB. The IASB has had problems getting some standards through in Europe. They recently had to withdraw guidance on hedging because... View Details
Keywords: by Cynthia Churchwell; Accounting; Financial Services
  • 24 Jul 2018
  • First Look

New Research and Ideas, July 24, 2018

marry the high level of governance expected by shareholders with the entrepreneurial spirit that had driven Hikma’s growth and development. Purchase this case:https://hbsp.harvard.edu/product/318108-PDF-ENG Harvard Business School Case 118-086 Sachem Head's Activism at... View Details
Keywords: Dina Gerdeman
  • 20 Oct 2015
  • First Look

October 20, 2015

feared and loathed in some quarters, celebrated in others. With nearly $120 billion in assets under management in 2014, and big players like Icahn Enterprises managing $22.3 billion, Pershing Square managing $13.4 billion, and Third Point managing $8.3 billion,... View Details
Keywords: Sean Silverthorne
  • 13 May 2014
  • First Look

First Look: May 13

how management and corporate boards of directors can best manage investor relations with activist stockholders such as hedge funds who are demanding major changes within a corporation to improve stockholder return. Beverage industry firm... View Details
Keywords: Sean Silverthorne
  • 25 Feb 2014
  • First Look

First Look: February 25

Laboratories' Proposed Merger with King Pharmaceutical Perry Capital owns shares in King and, to facilitate approval of the merger, buys shares in Mylan, whilst hedging out its economic exposure to Mylan's share price using derivatives.... View Details
Keywords: Sean Silverthorne
  • 01 Apr 2008
  • First Look

First Look: April 1, 2008

Case 208-069 Delphi Corporation, operating under Chapter 11 bankruptcy protection, has filed a plan of reorganization with the court, under which a consortium of hedge funds led by Appaloosa Management will invest up to $2.6 billion in... View Details
Keywords: Martha Lagace
  • 09 Jan 2006
  • Research & Ideas

Rebuilding Commercial Real Estate

investor or a hedge fund, having another asset class whose performance is not tied to stocks and bonds is very important," says Slaughter. "Real estate has become part of the fundamental allocation exercise." Bubble On The... View Details
Keywords: by Roger Thompson; Construction; Real Estate
  • 02 Feb 2010
  • First Look

First Look: Feb. 2

and Finance (forthcoming). (Also Harvard Business School Working Paper No. 05-053 and NBER Working Paper No. 13131.) Abstract The main arguments in favor of and against nominal and indexed debt are the incentive to default through inflation versus View Details
Keywords: Martha Lagace
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