Investment Behavior - Publications - Faculty & Research

13 Sep 2012
Research & Ideas

Why Public Companies Underinvest in the Future

Financial data on US companies is easy to come by—if they are listed on the stock market. More than 99 percent of them are not, presenting a challenge for researchers intent on studying how privately held firms operate. “It seemed natural for us to look at how the... View Details

Keywords: by Maggie Starvish

01 Apr 1998
News

Student Conferences Inspire Campus Dialogue

business leaders from the region. Session topics covered the current status and outlook for various industries and issues ranging from venture and investment capital, to entertainment and media, to consumer marketing. Other panels... View Details

01 Apr 1999
News

Club Events Reflect Diverse Student Interests

The breadth of interests and experiences among the School's MBA students can easily be seen when looking at the diversity of student organizations. In addition to the standard business topics of investment banking, marketing, and... View Details

26 Nov 2018
News

New York Alumni Explore Risks and Opportunities in Climate Change

Investor’s Guide to Climate Change: Disruption and Opportunity, held in New York City on Nov. 13, drew a crowd of more than 70 alumni and guests, according to the event’s coordinator and club vice president, Chloe Kiernan (MBA 2008) Lassiter explored the range of View Details

Keywords: Margie Kelley; clubs; alumni clubs

01 Oct 2001
News

Fourth Annual African-American Alumni Association Conference

leadership roles in a quickly changing economic environment. Planned speakers include Tom Jones, chairman and CEO of Citigroup's Global Investment Management and Private Bank Group; Lloyd Trotter, president and CEO of GE Industrial... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

16 Feb 2010
News

CIT Taps Thain to Run 102-Year-Old Lender

Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

01 Jun 1999
News

HBSAA of Israel Sponsors Middle East Outreach

the HBSAAI recently released the sixth edition of the Annual Journal of the Harvard Business School Alumni Association of Israel. The journal includes articles on U.S. venture capitalists who are investing in Israel, a report on the... View Details

01 Dec 2009
News

Hope for Reform Dims

for claw-backs when investments go sour, and give executives significant equity stakes in their companies. “Two firms with compensation plans like I just described, Bear Stearns and Lehman Brothers, both failed. So having the right... 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

27 Sep 2010
Research & Ideas

Customer Experts Lose Influence When Teams are Pressured

engage in collective behaviors that diminish their ability to do so. Sarah Jane Gilbert:What led you to study the effects of performance pressure on work teams? Heidi Gardner: I experienced similar team dynamics when I worked in a... View Details

Keywords: by Sarah Jane Gilbert

01 Oct 2018
News

Learning About Leadership

years––in addition to my two years at HBS––being a really critical student of company management teams. One of the great things about being an equity analyst is you get to meet with lots of CEOs and lots of CFOs of the companies that you're View Details

Keywords: Finance

Career Coach

Jon Puz

Development & Sales), Deloitte Consulting (Consultant, Healthcare Strategy & Operations), Internships: Merrill Lynch Healthcare Investment Banking, Eli Lilly and Company View Details

2013
Article

Learning and the Disappearing Association Between Governance and Returns

By: Lucian A. Bebchuk, Alma Cohen and Charles C.Y. Wang

The correlation between governance indices and abnormal returns documented for 1990–1999 subsequently disappeared. The correlation and its disappearance are both due to market participants' gradually learning to appreciate the difference between good-governance and... View Details

Keywords: Corporate Governance; Investment Return; Operations; Performance; Value; Learning; Business Earnings; Behavioral Finance

2005
Working Paper

Investor Sentiment and the Cross-Section of Stock Returns

By: Malcolm Baker and Jeffrey Wurgler

We examine how investor sentiment affects the cross-section of stock returns. Theory predicts that a broad wave of sentiment will disproportionately affect stocks whose valuations are highly subjective and are difficult to arbitrage. We test this prediction by studying... View Details

Keywords: Investment Return; Behavioral Finance; Stocks; Theory; Forecasting and Prediction

Citation

Read Now

01 Jun 1997
News

Sorting Myth from Reality at Hong Kong Conference

percent of Hong Kong's exports involve China either as a source or market, and 60 percent of the total investment in China is channeled from the territory. In addition, he said, Hong Kong is an outward-looking economy that serves a wider... View Details

Keywords: Alejandro Reyes

01 Mar 2012
News

Model Teamwork

Kungel, Paglia, and Bartels Investing in HBS Great Expectations Donor Spotlight Balanced Scorecard and Beer Game Go High-Tech FIELD 2: Global Intelligence FAQ Mike Johnston and Bill Spears Leading a 50th Reunion Campaign takes a special... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services

13 May 2014
News

Inside Africa

complete information about Africa,” Clarke says, “the ignorance will dissipate. I think the desire to engage with Africans becomes real.” Clarke launched the site in 2010, giving up the certainty and rewards of her position as a managing director of Goldman Sachs’s... View Details

Keywords: Constantine von Hoffman

01 Dec 1999
News

Big Doings in Big Apple: New York Club Hosts Multiple Events

year, which attracted some five hundred attendees to this year's session in September. Said conference organizer Brian Carlton Byrd (MBA '92), "We want to help foster the same investment climate for New York's Silicon Alley that... View Details

01 Mar 2015
News

Providing an Environment for Ideas to Grow

polarizing barrier to collaboration,” Neeley says. “But no one was looking at that, even as global organizations were rapidly moving toward making English their lingua franca.” Since joining the HBS Organizational Behavior Unit nearly... View Details

Keywords: Business Schools & Computer & Management Training; Educational Services

01 Feb 1998
News

Not Your Typical Business Conference

Buttner's (HRPBA '58) informative talk on the importance of financial investing for women, to the three upbeat and entertaining panels on how to succeed in corporate, nontraditional, and entrepreneurial career pursuits, to a moving speech... View Details

01 Dec 2003
News

Stealth Mogul

Sometimes it pays to be nearly invisible. Just ask Jonathan Nelson (MBA 1983). He heads one of the most successful media and telecommunications investment firms you’ve probably never heard of — Providence Equity Partners. “My own mother... View Details

Keywords: Telecommunications; Information

Publications