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  • All HBS Web  (934)
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  • 01 Dec 2015
  • First Look

December 1, 2015

the value of long-term relative to short-term investments. Empirically, we can, therefore, compare the reduction of long-term relative to short-term investments within firms, allowing for firm-times-year... View Details
Keywords: Sean Silverthorne
  • 10 Aug 2011
  • Research & Ideas

HBS Faculty Views on Debt Crisis

at stake but which, more to the point, are S&P's customers, appear to have ignored the agency's opinion entirely. Revealingly, S&P simultaneously "affirmed the 'A-1+' short-term Rating" for the United States, suggesting... View Details
Keywords: by Staff
  • 07 Jul 2020
  • Research & Ideas

Market Investors Pay More for Resilient Companies

The steep market drop in the early days of the COVID-19 crisis is being used as a laboratory to study the importance of companies investing in stakeholder relations with their employees, suppliers, and customers, and how those investments could be strategic resources... View Details
Keywords: by Kristen Senz; Financial Services
  • 03 Aug 2009
  • Research & Ideas

Corporate Social Responsibility in a Downturn

current one? A: As I mentioned earlier, CSR should be viewed as a business discipline and practiced with the same rigor as other aspects of a firm's strategy. Remember, however, that rigor does not always equate to short-term financial... View Details
Keywords: by Martha Lagace
  • 01 Jun 2009
  • Lessons from the Classroom

The Challenges of Investing in Science-Based Innovation

he made the decision to continue investing in longer-term research rather than short-term profit after Merck took its blockbuster drug Vioxx off the market in September 2004. "He believed that the only way for Merck to recover was to... View Details
Keywords: by Julia Hanna; Banking; Auto; Pharmaceutical
  • 19 Jan 2022
  • In Practice

7 Trends to Watch in 2022

As 2022 gets underway we asked our faculty to highlight some trends worth watching in the coming year. Ariel Stern: A new future for digital health care While 2020 and 2021 were years of rapid innovation and deployment of new health care technologies and delivery... View Details
Keywords: by HBS News
  • 26 Mar 2019
  • First Look

New Research and Ideas, March 26, 2019

unforeseen oil and gas demand slump drove ProdEng’s average service rates down by more than 37%, with EBITDA margins falling from 50% to 24% in the second half of 2016. Although the partners remained optimistic about ProdEng’s long-term fundamentals and management... View Details
Keywords: Dina Gerdeman
  • 06 Sep 2016
  • First Look

September 6, 2016

strategic naïveté. Economic Uncertainty and Earnings Management By: Stein, Luke C.D., and Charles C.Y. Wang Abstract—In the presence of managerial short-termism and asymmetric information about skill and effort provision, firms may... View Details
Keywords: Carmen Nobel
  • 18 Oct 2011
  • First Look

First Look: October 18

entering this market would present unique challenges for Vanguard. Vanguard had a philosophy espousing low-turnover investing, while ETFs enabled short-term trading. The company would also need to develop a distribution network for ETFs.... View Details
Keywords: Sean Silverthorne
  • 19 Oct 2010
  • First Look

First Look: October 19, 2010

for the upcoming board meeting. The recent financial crisis had vividly highlighted several key issues including the adequacy of short-term liquidity, the effectiveness of portfolio risk management, and the balance of internal and... View Details
Keywords: Sean Silverthorne
  • 11 Aug 2009
  • First Look

First Look: August 11, 2009

relatively more short-term debt, firms fill the resulting gap by issuing more long-term debt, and vice-versa. This type of liquidity provision is undertaken more aggressively: i) in periods when the ratio of government debt to total debt... View Details
Keywords: Martha Lagace
  • 31 Jan 2017
  • Research & Ideas

The Dow at 20,000: What's That All About?

economy in the last hundred-plus years. There was no specific event that brought the Dow over the 20,000 mark last week. Markets exhibit a fairly large degree of short-term volatility, so once you get close to 20,000, normal daily market... View Details
Keywords: by Jim Aisner
  • 11 Apr 2007
  • Research & Ideas

Adding Time to Activity-Based Costing

previous Balanced Scorecard books focused almost exclusively on strategy and its implementation. Now we are identifying the important linkages between strategy and operations that will give companies a comprehensive, integrated system to manage both for View Details
Keywords: by Sarah Jane Gilbert
  • 16 Jul 2001
  • Research & Ideas

How to Compete Like a Judo Strategist

planning for the long term, however, good judo strategists must also be prepared to "pivot," as Rob Glaser (chairman and CEO of RealNetworks) says. "When we make trade-offs between short-term gain and long-term... View Details
Keywords: by David B. Yoffie & Mary Kwak
  • 26 Jul 2016
  • First Look

July 26, 2016

suppliers of assets for rent, physical products, or services with customers demanding them. Among the most notable two-sided platforms in terms of their tremendous early growth were Airbnb, Etsy, and Uber. They offered short-term property... View Details
Keywords: Sean Silverthorne
  • 09 May 2017
  • First Look

New Research and Ideas, May 9

and Charles C.Y. Wang Abstract—In the presence of managerial short-termism and asymmetric information about skill and effort provision, firms may opportunistically shift earnings from uncertain to more certain times. We document... View Details
Keywords: Sean Silverthorne
  • 24 Jan 2012
  • First Look

First Look: Jan. 24

short-term and long-term thinking, and craft emotionally engaging visions while staying focused on execution. In this article, we analyze how one organization, GE Money Bank in Switzerland, successfully created a new growth business... View Details
Keywords: Sean Silverthorne
  • 12 Jun 2006
  • Research & Ideas

The Promise of Channel Stewardship

make dramatic improvements immediately. As a result, they gain the patience to implement changes having long-term benefits, as opposed to changes having only short-term results. Technology, for example, can facilitate major, immediate... View Details
Keywords: by V. Kasturi Rangan & Marie Bell; Consumer Products
  • 22 May 2007
  • First Look

First Look: May 22, 2007

measured by the covariation of bond returns with stock returns and with consumption growth, and in the volatility of bond returns. A robust stylized fact in empirical finance is that the spread between the yield on long-term bonds and View Details
Keywords: Martha Lagace
  • 27 Feb 2006
  • Research & Ideas

Corporate Values and Employee Cynicism

tensions by explicitly assigning responsibility for different values to specific people. Senior managers focus on short-term goals; HR is responsible for reminding them about long-term goals such as developing employees. These different... View Details
Keywords: by Martha Lagace
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