Publications

14 Apr 2009
First Look

First Look: April 14, 2009

PricewaterhouseCoopers (PwC), is the Global Engagement Partner (GEP) for a large U.S. financial institution and about to take over this role for a much larger global financial institution. The GEP role is a... View Details

Keywords: Martha Lagace

24 Aug 2010
First Look

First Look: August 24

PublicationsHigher Risk, Lower Returns: What Hedge Fund Investors Really Earn Authors:Ilia Dichev and Gwen Yu Publication:Journal of Financial Economics (forthcoming) Abstract The returns of hedge fund investors depend not only on the... View Details

Keywords: Sean Silverthorne

15 Jun 2009
Research & Ideas

GM: What Went Wrong and What’s Next

reluctance to take environmental issues seriously. But these were not overnight developments. Beyond that, did GM's financial controls become too powerful a force for the product engineers to overcome? Did the marketers not see what... View Details

Keywords: by Staff; Auto

November 2017 (Revised July 2018)
Case

Royal Philips: Designing Toward Profound Change

By: Srikant M. Datar, Rajiv Lal and Caitlin N. Bowler

This case explores Royal Philips CEO Frans van Houten's bold use of design research to inform a critical strategic decision: Should Philips leave its storied lighting business behind in favor of complete focus on health technology and consumer lifestyle products?... View Details

Keywords: Design Research; Health Technology; Innovation; Design; Research; Decision Choices and Conditions; Strategy; Organizational Change and Adaptation; Transformation

20 Jun 2017
First Look

First Look at New Research and Ideas, June 20

background stories of organizations, Win-Win Corporations is an inspiring read into what makes companies great. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52757 forthcoming Journal of Financial Economics... View Details

Keywords: Sean Silverthorne

March 2020
Article

Do Fire Sales Create Externalities?

By: Sergey Chernenko and Adi Sunderam

We develop three novel measures of how much of the price impact of their trading different mutual funds internalize. We show that mutual funds that internalize more of their price impact hold larger cash buffers and use these buffers more aggressively to accommodate... View Details

Keywords: Fire Sales; Externalities; Investment Funds; Price; Financial Liquidity; Management

Find at Harvard

Read Now

10 Oct 2023
Blog Post

Policy Drivers for Environmental Justice: What Businesses Need to Know

Qcells, General Electric Vernova, Enel Green Power Equitable access to resources: Chargerhelp!, BlocPower, Volta Financial investment: Bank of America Conclusions U.S. policies provide an opportunity for businesses to address... View Details

02 May 2019
Sharpening Your Skills

How To Ask Better Questions

financial support? Fundraisers and entrepreneurs must be prepared to answer these four questions. Resolve Your Toughest Work Problems with 5 QuestionsAsk yourself these 5 questions to find the best decision. Seven Strategy Questions: A... View Details

Keywords: by Kristen Senz

May 2018 (Revised October 2018)
Case

Argentina Power—Don't Cry for Me Argentina

By: Nori Gerardo Lietz and Sayiddah Fatima McCree

In 2016, Bruce Wayne, Managing Director of Energy Finance Corporation (“EFC”), was refining the Investment/Credit Committee materials for the development of up to 10 power generating plants in Argentina. As a subsidiary of the much larger International Conglomerate... View Details

Keywords: Cross Border; Energy Markets; Infrastructure Finance; Infrastructure Development; Business Subsidiaries; Business Cycles; Macroeconomics; Energy Generation; International Finance; Project Finance; Government and Politics; Demand and Consumers; Infrastructure; Financial Services Industry; Financial Services Industry; Financial Services Industry; Argentina; Latin America

Web

Bubbles, Panics & Crashes – Historical Collections – Harvard Business School

the 1920s Research Links Site Credits Introduction Financial crises have happened before, and - if history is any guide - they will happen again. One year after the subprime mortgage crisis, this Baker Library Historical Collections... View Details

2010
Book

Creating Value through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups

By: Stuart C. Gilson

A collection of case studies illustrates real-world techniques, implementation, and strategies on corporate restructuring. Over the period 1981-1998, public companies with combined assets of over half a trillion dollars filed for Chapter 11 bankruptcy. Over the same... View Details

Keywords: Restructuring; Insolvency and Bankruptcy; Management Analysis, Tools, and Techniques; Public Ownership; Value Creation

Find at Harvard

19 Oct 2020
Working Paper Summaries

Bankruptcy and the COVID-19 Crisis

Keywords: by Jialan Wang, Jeyul Yang, Benjamin Iverson, and Ray Kluender; Legal Services

July 2008 (Revised July 2019)
Case

Amazon: The Brink of Bankruptcy

By: Lynda M. Applegate

Enables a thorough analysis of the Amazon.com business model and its evolution from 1994 to 2001. The case ends with the company poised on the brink of bankruptcy and enables discussion of how to turnaround the company and leverage proprietary assets. View Details

Keywords: Business Model; Restructuring; Entrepreneurship; Insolvency and Bankruptcy; Business History; Leading Change; Organizational Change and Adaptation; Strategy

30 Mar 2010
First Look

First Look: March 30

conditions suffered and some local Emirati felt like they lost aspects of their cultural identity. Growth was rapid, infrastructure was weak, and the real estate bubble grew as the financial crisis loomed.... View Details

Keywords: Sean Silverthorne

February 2013
Case

LEGO (A): The Crisis

By: Jan W. Rivkin, Stefan H. Thomke and Daniela Beyersdorfer

As this case opens, iconic toymaker LEGO stands on the brink of bankruptcy. Jørgen Vig Knudstorp, LEGO's young and newly appointed CEO, must size up changes in the toy industry, learn from the company's recent moves, and craft a strategy that will put LEGO back on... View Details

Keywords: Organizational Change and Adaptation; Change Management; Competitive Strategy; Crisis Management; Insolvency and Bankruptcy; Consumer Products Industry

17 Sep 2012
Research & Ideas

Blue Skies, Distractions Arise: How Weather Affects Productivity

spreadsheet, with the incentivizing knowledge that they would be compensated financially according to how quickly they completed the task. The researchers deliberately used questionnaire responses written in Italian to increase the... View Details

Keywords: by Carmen Nobel

18 Feb 2009
First Look

First Look: February 18, 2009

and probabilistic delayed observation of agents' types. I derive conditions in which an advertising principal can set its payment delay to deter rogue agents and to attract solely or primarily good-type agents. Through the savings from... View Details

Keywords: Martha Lagace

14 Jun 2011
First Look

First Look: June 14

Publication:,em>Harvard Business Review 89, no. 6 (June 2011) Abstract The bottom of the economic pyramid is a risky place for business, but decent profits can be made there if companies link their financial success with their... View Details

Keywords: Sean Silverthorne

January 2025
Case

North Forty: Managing Liquidity Through Change

By: Luis M. Viceira and Brad Towne

This case explores the interaction between spending and investment decisions at a family office, specifically the family office of Jeff and Tricia Raikes, with special emphasis on the management of spending, portfolio investments, and asset liquidity in the presence of... View Details

Keywords: Family Office; Forecasting and Prediction; Asset Management; Financial Liquidity; Financial Strategy; Investment Portfolio; Spending; Planning