Publications

2017
Working Paper

Lessons Unlearned? Corporate Debt in Emerging Markets

By: Laura Alfaro, Gonzalo Asis, Anusha Chari and Ugo Panizza

This paper documents a set of new stylized facts about leverage and financial fragility for emerging market firms following the Global Financial Crisis (GFC). Corporate debt vulnerability indicators during the Asian Financial Crisis (AFC) attributed to corporate... View Details

Keywords: Corporate Debt; Financial Fragility; Firm-level Data; Large Firms; Emerging Markets; Borrowing and Debt; Corporate Finance; Financial Condition

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Interviews - Creating Emerging Markets

Interviews The Creating Emerging Markets interview archive forms a permanent and unique resource held in Harvard Business School’s Baker Library. Each interview page includes the transcript, associated video... View Details

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Faculty - Creating Emerging Markets

customer behavior , customer satisfaction , service management , service operations , service quality Interviews Prithvi Raj Singh Oberoi Prithwiraj Choudhury Lumry Family Associate Professor of Business Administration Research Interests : diasporas , economic... View Details

September 2012 (Revised June 2017)
Technical Note

Private Equity Valuation in Emerging Markets

By: Paul A. Gompers, Victoria Ivashina and Timothy Dore

This note provides an opportunity to understand how private equity investors need to adapt to emerging markets. View Details

Keywords: Finance; Private Equity; Valuation; Emerging Markets

June 2005
Article

Strategies That Fit Emerging Markets

By: Tarun Khanna, Krishna G. Palepu and Jayant Sinha

Keywords: Strategy; Emerging Markets

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May 2002
Background Note

Project Valuation in Emerging Markets

Reviews the issues managers face when attempting to value projects abroad. These include dealing with multiple currencies, adjusting for country and industry risk, and considering expropriation and devaluation risk. View Details

Keywords: Valuation; Emerging Markets; Projects

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Newsletter - Creating Emerging Markets

Newsletter Join our mailing list to receive updates. We often feature news and updates about the project on the Creating Emerging Markets project website. We also publish regular regional newsletters focused... View Details

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Blog - Creating Emerging Markets

Markets Sustainability Series - Opportunities for Green Entrepreneurship in the Face of Policy Inaction Maxim Pike Harrell 27 Nov 2023 Creating Emerging View Details

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Events - Creating Emerging Markets

the interviews undertaken by the Creating Emerging Markets project can be used in research. The speakers were Susie Pak (St. John’s), Valeria Giacomin (Bocconi) and Sudev Sheth (Lauder Institute, University... View Details

October 2002
Teaching Note

Strategy in Emerging Markets (TN)

By: Tarun Khanna

Provides an overview of several cases on multinational and local companies (including business groups) operating in settings in Asia, Africa, Latin America, and worldwide. Also provides a conceptual framework for thinking about these cases and links to related academic... View Details

Keywords: Framework; Global Range; Local Range; Globalized Firms and Management; Body of Literature; Emerging Markets; Africa; Asia; Latin America

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Resources - Creating Emerging Markets

conference papers, and graduate level research. Stories of Corruption CEM has started a blog series featuring personal accounts of corruption in emerging markets as a means of fostering transparent data... View Details

21 Jun 2010
News

Strategy and Execution for Emerging Markets

August 2022
Case

BRAC: Working-from-Home in Emerging Markets

By: Prithwiraj Choudhury and Tarun Khanna

March 1996 (Revised February 2002)
Case

Portfolio Capital Flows to Emerging Markets

By: Huw Pill

Presents some data showing the magnitude, direction, and composition of capital flows to less developed countries (the so-called emerging markets) in the period 1990-1995. Some potential explanations for these flows are discussed. A number of policy responses to the... View Details

Keywords: International Finance; Emerging Markets; Policy; Capital; Developing Countries and Economies

April 2011 (Revised May 2011)
Class Lecture

Winning in Emerging Markets (FSS)

By: Krishna G. Palepu and Tarun Khanna

Keywords: Emerging Markets; Competitive Strategy

Article

Coming to America: IPOs from Emerging Market Issuers

By: Robert Bruner, Susan Chaplinsky and Latha Ramchand

We compare the issue costs of 299 companies from emerging and developed market countries making initial public offerings (IPOs) in the United States between 1991 and 2001. Our results indicate that IPOs from emerging markets experience the same costs on average as IPOs... View Details