External Financing - Publications - Faculty & Research

26 May 2022
News

Bidding Up

important. We said it should move very slowly because each of these decisions involve so much money for the bidders that they have to go to their, some sort of finance committee or, or an executive committee of the board to get approval... View Details

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... View Details

Keywords: Martha Lagace

04 Dec 2018
First Look

New Research and Ideas, December 4, 2018

behavior through reputational or status incentives. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=55333 forthcoming Review of Corporate Finance Studies Short-Termism and Capital Flows By: Fried, Jesse M., and Charles... View Details

Keywords: Dina Gerdeman

15 Mar 2011
First Look

First Look: March 15

and the Allocation of Investment Authors:Bo Becker, Marcus Jacob, and Martin Jacob Abstract When corporate payout is taxed, internal equity (retained earnings) is cheaper than external equity (share issues). If there are no perfect... View Details

Keywords: Sean Silverthorne

10 Mar 2017
News

The Business of Lego Batman

so gets the intellectual property rights, secures the rights for that, secures the financing for the movie, and puts together what's called the package in Hollywood, which is the writer, the director, the actors, the script. The producer... View Details

Keywords: LEGO; Lego

23 Nov 2009
Research & Ideas

Management’s Role in Reforming Health Care

venues of care and caregivers, and tools and systems that help and allow patients to be more effectively involved in their own care. To date, our prevailing model of innovation has been that knowledge flows into medical and nursing practice from funded View Details

Keywords: by Martha Lagace; Health

15 Jan 2008
First Look

First Look: January 15, 2008

specialize in different stages of a complex production process. This paper considers the pricing behavior and profitability of these so-called modular clusters. In particular, we investigate a possibility hinted at in prior work: that for composite goods, a vertical... View Details

Keywords: Martha Lagace

12 May 2022
News

Onboarding

a member. JH: Drawing on the expertise of business leaders across multiple industries, from finance to technology to manufacturing, BENS acts as a partner, offering concrete strategies for issues ranging from cybersecurity to talent... View Details

07 Sep 2011
First Look

First Look: Sept. 7

positive demand for external funds. Conditional on issuance of new debt, we interpret firm's switching from loans to bonds as a contraction in bank credit supply. We find strong evidence of substitution from loans to bonds at times... View Details