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  • All HBS Web  (10,694)
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  • October 2003 (Revised October 2004)
  • Case

AT&T Canada (A)

By: Andre F. Perold and Kwame C. Van Leeuwen
AT&T Canada (ATTC) is a merger arbitrage situation where AT&T Corp. has a contractual commitment to purchase the shares of ATTC at an escalating formula price. However, ATTC's business is performing poorly, and its bonds are trading at significant discounts to par.... View Details
Keywords: Agreements and Arrangements; Valuation; Mergers and Acquisitions; Investment; Telecommunications Industry; Canada
Citation
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Perold, Andre F., and Kwame C. Van Leeuwen. "AT&T Canada (A)." Harvard Business School Case 204-087, October 2003. (Revised October 2004.)
  • 04 Dec 2019
  • Working Paper Summaries

Pathways to Materiality: How Sustainability Issues Become Financially Material to Corporations and Their Investors

Keywords: by Jean Rogers and George Serafeim
  • 01 Mar 2017
  • News

HBS Celebrates Launch of New Legacy Society

Cindy Whitehead (center), the widow of the late John Whitehead, with event hosts Beth (MBA 1984) and Mike (MBA 1982) Fascitelli. (photo by Dana Maxson) Cindy Whitehead (center), the widow of the late John Whitehead, with event hosts Beth (MBA 1984) and Mike (MBA 1982)... View Details
  • Web

Eligibility | New Venture Competition

(HBS) Field Course: Innovating in Health Care (HBS) Field Course: Investing for Impact (HBS) Field Course: Life Sciences Venture Creation (HBS) Field Course: Scaling Minority Businesses (HBS) Field Course: Startup Operations (HBS) Impact... View Details
  • Web

Club Conferences | MBA

Entrepreneurship Through Acquisition Women in Investing Conference November 9, 2025 Women in Investing Club Health Care Conference November 15, 2025 Health Care Club Jewish Student Association and Israel... View Details
  • 01 Jun 2012
  • News

Good as Our Word

For most of the 20th century, three bond ratings agencies—Moody’s, Fitch, and Standard & Poor’s—controlled 97 percent of the credit ratings market. The status quo was disrupted, however, by the 2008 global economic recession, an event that the Big Three contributed to... View Details
Keywords: Maggie Starvish; Bond rating; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 18 Apr 2016
  • News

In the Spotlight: Jane Fraser

Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 01 Apr 2016
  • News

In the Spotlight: John Paulson (MBA 1980)

Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 10 Mar 2016
  • News

In the Spotlight: Jeff Walker (MBA 1981)

Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 28 Jul 2014
  • News

A Life-Changing View

Keywords: private equity; career paths; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 18 Jun 2014
  • News

Winning An Insiders' Game In Stocks

Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 15 Jan 2014
  • News

Deal Maker Relies on Extensive Database

Keywords: big data; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 01 Oct 2013
  • News

Lehman Brothers Plus Five: Have We Learned from Our Mistakes?

Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • 01 Sep 2010
  • News

Becoming a VC Insider

Kids may grow up wanting to be entrepreneurs, but “no kid dreams of growing up to be a venture capitalist,” says Jeffrey Bussgang (MBA ’95). Thankfully, Bussgang has managed to do both and write about it, too. His recent book, Mastering the VC Game (Portfolio), is the... View Details
Keywords: Sean Silverthorne; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments
  • Web

Baker Library Collections | Baker Library | Bloomberg Center | Harvard Business School

Introduction 1840s – 1880s General Merchants to Commodities Brokers 1880s – 1920s Investment Banking & Securities Underwriting 1920s – 1960s Investing in Emerging Industries 1850–1968 Lehman Brothers Family... View Details
  • March 1980 (Revised October 1980)
  • Background Note

Financial Leverage, the Capital Asset Pricing Model and the Cost of Equity Capital

Demonstrates how the capital asset pricing model can be used to estimate the impact of financial leverage on the cost of equity capital. The levering and unlevering of betas are illustrated. Also presents a methodology for decomposing the cost of equity into its three... View Details
Keywords: Cost of Capital; Asset Pricing; Investment
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Mullins, David W., Jr. "Financial Leverage, the Capital Asset Pricing Model and the Cost of Equity Capital." Harvard Business School Background Note 280-100, March 1980. (Revised October 1980.)
  • Article

Search-Based Peer Firms: Aggregating Investor Perceptions Through Internet Co-Searches

By: Charles M.C. Lee, Paul Ma and Charles C.Y. Wang
Applying a "co-search" algorithm to Internet traffic at the SEC's EDGAR website, we develop a novel method for identifying economically-related peer firms and for measuring their relative importance. Our results show that firms appearing in chronologically adjacent... View Details
Keywords: Peer Firm; EDGAR Search Traffic; Revealed Preference; Co-search; Industry Classification; Perception; Internet and the Web; Investment
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Lee, Charles M.C., Paul Ma, and Charles C.Y. Wang. "Search-Based Peer Firms: Aggregating Investor Perceptions Through Internet Co-Searches." Journal of Financial Economics 116, no. 2 (May 2015): 410–431.
  • September 1998
  • Case

Vanguard Group, Inc. (1998), The

By: Andre F. Perold
Since the beginning of 1997, Vanguard's assets under management have increased more than 60% from $240 billion to almost $400 billion, making it second in market share only to Fidelity. Vanguard views this success as another vindication of its low-cost strategy of... View Details
Keywords: Asset Management; Cost Management; Investment Funds; Product; Service Operations; Performance Expectations; Competition; Consolidation; Expansion; Internet; Financial Services Industry
Citation
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Perold, Andre F. "Vanguard Group, Inc. (1998), The." Harvard Business School Case 299-002, September 1998.
  • August 2018 (Revised December 2019)
  • Case

Brooklyn Lodgers: 78 South Third St., Brooklyn, NY

By: Charles F. Wu, Jackie Bereiter and Signe Conway
Nathalie Parizat and her husband, Hugo, were contemplating a new real estate investment. For two years they had been frustrated by and lamenting their situation of paying high rents to third parties while the couple had idle cash in the bank. They also were convinced... View Details
Keywords: Real Estate Development; Property; Investment; Management; New York (city, NY); Brooklyn
Citation
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Wu, Charles F., Jackie Bereiter, and Signe Conway. "Brooklyn Lodgers: 78 South Third St., Brooklyn, NY." Harvard Business School Case 219-022, August 2018. (Revised December 2019.)
  • January 2017
  • Article

Being Surprised by the Unsurprising: Earnings Seasonality and Stock Returns

By: Tom Y. Chang, Samuel M. Hartzmark, David H. Solomon and Eugene F. Soltes
We present evidence consistent with markets failing to properly price information in seasonal earnings patterns. Firms with historically larger earnings in one quarter of the year (“positive seasonality quarters”) have higher returns when those earnings are usually... View Details
Keywords: Business Earnings; Investment
Citation
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Related
Chang, Tom Y., Samuel M. Hartzmark, David H. Solomon, and Eugene F. Soltes. "Being Surprised by the Unsurprising: Earnings Seasonality and Stock Returns." Review of Financial Studies 30, no. 1 (January 2017): 281–323.
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