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  • All HBS Web  (10,691)
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    • News  (2,504)
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    • Events  (31)
    • Multimedia  (136)
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Show Results For

  • All HBS Web  (10,691)
    • People  (35)
    • News  (2,504)
    • Research  (6,223)
    • Events  (31)
    • Multimedia  (136)
  • Faculty Publications  (4,708)
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  • 02 Oct 2012
  • News

Green Pioneer

Zofnass Photo courtesy Paul Zofnass A longtime environmentalist, Paul Zofnass (MBA 1973) founded the Environmental Financial Consulting Group (EFCG) in 1990, after 17 years in finance at Citibank and at Oppenheimer (where he was managing director of View Details
Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 21 Jan 2016
  • Working Paper Summaries

The Globalization of Angel Investments: Evidence across Countries

Keywords: by Josh Lerner, Antoinette Schoar, Stanislav Sokolinksi & Karen Wilson; Financial Services
  • Winter 2016
  • Article

Improving Store Liquidation

By: Nathan Craig and Ananth Raman
This paper introduces methods for increasing the efficiency of retail store liquidation, which we define as the time-constrained divestment of retail outlets through an in-store sale of inventory. The retail industry depends extensively on liquidation, not only as a... View Details
Keywords: Organizational Change and Adaptation; Operations; Investment; Retail Industry
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Craig, Nathan, and Ananth Raman. "Improving Store Liquidation." Manufacturing & Service Operations Management 18, no. 1 (Winter 2016): 89–103.
  • 2004
  • Article

Investment, Overhang, and Tax Policy

By: Mihir A. Desai and Austan D. Goolsbee
Keywords: Investment; Taxation; Policy
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Desai, Mihir A., and Austan D. Goolsbee. "Investment, Overhang, and Tax Policy." Brookings Papers on Economic Activity, no. 2 (2004): 285–338.
  • 02 Dec 2019
  • News

A Long-Standing Commitment to Global Understanding

motivated him and his wife Patricia to make an ongoing investment in HBS’s global efforts through their support of the HBS Fund, the School’s research outposts, and an endowed fellowship for international students. The Value of Being... View Details
  • April 2010 (Revised July 2010)
  • Background Note

Introduction to Mutual Funds

By: Robert C. Pozen
This note is an excerpt from my book The Mutual Fund Business and is an introduction to mutual funds, contrasted with commercial banks. View Details
Keywords: Commercial Banking; Investment; Investment Funds; Banking Industry
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Pozen, Robert C. "Introduction to Mutual Funds." Harvard Business School Background Note 310-117, April 2010. (Revised July 2010.)
  • November 1992
  • Background Note

The Mutual Fund Industry 1992

By: Jay O. Light
Keywords: Investment Funds; Supply and Industry; Financial Services Industry
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Light, Jay O. "The Mutual Fund Industry 1992." Harvard Business School Background Note 293-075, November 1992.
  • June 1983 (Revised July 1986)
  • Case

Hamilton Closed-End Income Fund

By: Jay O. Light
Keywords: Investment Funds; Capital Markets
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Light, Jay O. "Hamilton Closed-End Income Fund." Harvard Business School Case 283-071, June 1983. (Revised July 1986.)
  • August 2016 (Revised May 2017)
  • Case

eBay vs. Carl Icahn, 2014

By: David B. Yoffie and Eric Baldwin
This case explores Carl Icahn's attack on eBay, starting in January 2014. The case examines how John Donahoe, CEO of eBay, should respond to Icahn's demand that eBay spin off PayPal and accept Icahn's two nominees to the board of directors. View Details
Keywords: Activist Shareholder; Activist Investors; Technology; Strategy; Corporate Strategy; Investment Activism; Financial Services Industry; Retail Industry
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Yoffie, David B., and Eric Baldwin. "eBay vs. Carl Icahn, 2014." Harvard Business School Case 717-417, August 2016. (Revised May 2017.)
  • 2014
  • Article

Bond Supply and Excess Bond Returns

By: Robin Greenwood and Dimitri Vayanos
We examine empirically how the maturity structure of government debt affects bond yields and excess returns. Our analysis is based on a theoretical model of preferred habitat in which clienteles with strong preferences for specific maturities trade with arbitrageurs.... View Details
Keywords: Bonds; Investment Return
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Greenwood, Robin, and Dimitri Vayanos. "Bond Supply and Excess Bond Returns." Review of Financial Studies 27, no. 3 (March 2014): 663–713. (Also earlier version NBER Working Paper Series, No. 13806, February 2008.)
  • June 2010
  • Case

Digital Link (A)

The Digital Link (A) and (B) cases present the struggles of a small public technology company to get and maintain analyst and investor attention during the "dot-com boom" of the 1990's. The case can be used in MBA or Executive Education classes. The (A) case takes... View Details
Keywords: Marketing; Institutional Investing; Public Ownership
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Shanthikumar, Devin M. "Digital Link (A)." Harvard Business School Case 110-093, June 2010.
  • June 1984 (Revised June 1987)
  • Case

Sanford C. Bernstein & Co., Inc.

By: Andre F. Perold
Keywords: Financial Management; Investment Portfolio; Management; Financial Services Industry
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Perold, Andre F. "Sanford C. Bernstein & Co., Inc." Harvard Business School Case 184-194, June 1984. (Revised June 1987.)
  • October 1995
  • Article

More Investor Useful Consolidated Statement Proposed

By: David F. Hawkins
Keywords: Investment
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Hawkins, David F. "More Investor Useful Consolidated Statement Proposed." Accounting Bulletin, no. 33 (October 1995).
  • March 1982
  • Background Note

Discounting Concept and Industrial Disinvestment

By: Robert H. Hayes and David A. Garvin
Keywords: Investment
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Hayes, Robert H., and David A. Garvin. "Discounting Concept and Industrial Disinvestment." Harvard Business School Background Note 682-077, March 1982.
  • December 2009
  • Article

Catering Through Nominal Share Prices

By: Malcolm Baker, Robin Greenwood and Jeffrey Wurgler
We propose and test a catering theory of nominal stock prices. The theory predicts that when investors place higher valuation on low-price firms, managers will maintain share prices at lower levels, and vice-versa. Using measures of time-varying catering incentives... View Details
Keywords: Stocks; Stock Shares; Investment; Investment Return; Price; Theory; Valuation
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Baker, Malcolm, Robin Greenwood, and Jeffrey Wurgler. "Catering Through Nominal Share Prices." Journal of Finance 64, no. 6 (December 2009): 2559–2590. (Internet Appendix.)
  • Profile

Aaron Mitchell

Why was earning your MBA at HBS important to you? Having a background in Human Resources, I thought it was absolutely necessary to have a broad understanding of business. Earning an MBA at HBS has provided me with not only a deep understanding of how to break down a... View Details
Keywords: Investment Management / Hedge Fund; Investment Management / Hedge Fund
  • October 2004
  • Article

FDI and Economic Growth: The Role of Local Financial Markets

By: Laura Alfaro, Areendam Chanda, Sebnem Kalemli-Ozcan and Selin Sayek
The purpose of this paper is to examine the various links among foreign direct investment, financial markets and growth. We model an economy with a continuum of agents indexed by their level of ability. Agents have two choices: they can work for the foreign company in... View Details
Keywords: Foreign Direct Investment; Financial Markets; Economic Growth; Cost; Wealth; Investment Return; Knowledge
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Alfaro, Laura, Areendam Chanda, Sebnem Kalemli-Ozcan, and Selin Sayek. "FDI and Economic Growth: The Role of Local Financial Markets." Journal of International Economics 64, no. 1 (October 2004): 89–112.
  • November 2007 (Revised October 2009)
  • Case

Ligand Pharmaceuticals Incorporated

In an activist role, the hedge fund Third Point LLC has three board seats and an ownership stake of 9.5% in Ligand Pharmaceuticals, Inc., a specialty pharmaceutical company. Third Point believed that Ligand had a strong drug portfolio and pipeline but that it was... View Details
Keywords: Mergers and Acquisitions; Private Equity; Investment Activism; Investment Funds; Governing and Advisory Boards; Bids and Bidding; Ownership Stake; Pharmaceutical Industry; United States
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El-Hage, Nabil N., and Michael Gorzynski. "Ligand Pharmaceuticals Incorporated." Harvard Business School Case 208-019, November 2007. (Revised October 2009.)
  • May 1998 (Revised February 2007)
  • Case

Morningstar, Inc.

By: Andre F. Perold and Markus Mullarkey
Morningstar, Inc., a publisher of information for mutual fund investors, is considering alternative strategies for broadening its subscriber base and increasing its revenues. Potential strategies include tailoring information for the defined contribution pension fund... View Details
Keywords: Investment Funds; Asset Management; Revenue; Financial Strategy; Publishing Industry; Financial Services Industry; United States
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Perold, Andre F., and Markus Mullarkey. "Morningstar, Inc." Harvard Business School Case 298-140, May 1998. (Revised February 2007.)
  • 1979
  • Chapter

A Comparison of Rates of Return to Social Security Retirees under Wage and Price Indexing

By: Robert S. Kaplan
Keywords: Retirement; Investment Return; Wages; Price; United States
Citation
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Kaplan, Robert S. "A Comparison of Rates of Return to Social Security Retirees under Wage and Price Indexing." In Financing Social Security, edited by Colin D. Campbell, 119–144. Washington, D.C.: American Enterprise Institute for Public Policy Research, 1979.
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