Share Lending - Publications - Faculty & Research

2010
Other Unpublished Work

Why Takeover Vulnerability Matters to Debtholders

By: Joan Farre-Mensa

Recent work documents that firms that are more vulnerable to takeover have higher borrowing costs. This paper investigates the reasons behind this stylized fact. My results show that firms with few antitakeover defenses face a higher cost of debt because lenders are... View Details

Keywords: Acquisition; Borrowing and Debt; Cost; Equity; Banks and Banking; Investment Portfolio; Risk Management; Agreements and Arrangements; Business and Shareholder Relations; Conflict and Resolution

Citation

SSRN

19 Jan 2021
In Practice

Leadership Advice for Biden: Restore a Sense of Calm

Small Business Administration from 2009 to 2013. She is the author of Fintech, Small Business & The American Dream: How Technology is Transforming Lending and Shaping a New Era of Small Business Opportunity. Mitchell Weiss: Organize... View Details

Keywords: by Dina Gerdeman

22 Aug 2011
Research & Ideas

Getting to Eureka!: How Companies Can Promote Creativity

costs." That doesn't mean that established companies have to worry about becoming obsolete in the face of a new do-it-yourself world. Some fields that require high degrees of mass production or are subject to complex regulation will always support producer... View Details

Keywords: by Michael Blanding

Web

Behavioral Finance & Financial Stability

turnover and share prices in Hong Kong and mainland Chinese markets, especially in large-cap portfolios. See Robin’s other research here , Toomas’s other research here , and Jeffrey’s other research here . More Info Loan types and the... View Details

Web

Podcast - Business & Environment

Bellwether at X, The Moonshot Factory at Alphabet (formerly Google X). Sarah shares how geospatial data and artificial intelligence can help communities and businesses anticipate and respond to climate risks. Sarah View Details

02 Apr 2024
Research & Ideas

Employees Out Sick? Inside One Company's Creative Approach to Staying Productive

more effective to encourage more handshake contracts between managers to share workers than to create a central system for replacing employees, the researchers found. Since different people on production lines perform different tasks,... View Details

Keywords: by Michael Blanding; Fashion

31 Jul 2020
Blog Post

Building a DTC Brand Through COVID

blog series in which she details her trials and tribulations through starting a company. Today, she shares a special version for HBS. As my fellow HBS classmates flew off to their hometowns for their remote internships, I thought about... View Details

20 Sep 2016
First Look

September 20, 2016

https://www.hbs.edu/faculty/Pages/item.aspx?num=51619 forthcoming American Economic Journal: Applied Economics Racial Discrimination in the Sharing Economy: Evidence from a Field Experiment By: Edelman, Benjamin G., Michael Luca, and... View Details

Keywords: Sean Silverthorne

17 Feb 2020
Sharpening Your Skills

How Entrepreneurs Can Find the Right Problem to Solve

identify where you found patterns of highs and lows. These may surprise you; often, where you hypothesized there was the most pain in a process may be somewhere completely different. (Don’t do) focus groups. I am generally not a fan of this form of discovery. It View Details

Keywords: by Julia Austin

21 Nov 2022
Research & Ideas

Buy Now, Pay Later: How Retail's Hot Feature Hurts Low-Income Shoppers

authors found. “Across all users—those who use credit cards, non-credit card users, everybody—the retail share of expenditures go up,” says Williams, an assistant professor in the Finance Unit. “But the increase in total spending is only... View Details

Keywords: by Rachel Layne; Retail; Financial Services; Technology

Research Summary

The Institutional Foundations of Lending: Indirect Regulation and State-Building

The Institutional Foundations of Lending: Indirect Regulation and State-Building makes two main theoretical contributions to the scholarship on credit markets and institutional development. First, the book demonstrates that opportunistic lenders can take... View Details

15 Jun 2010
First Look

First Look: June 15

at the firm level, we can directly address how the composition of firms raising finance varies through time. We find strong evidence of substitution from bank loans to bonds at times characterized by tight lending standards, high levels... View Details

Keywords: Martha Lagace

Web

Research - Behavioral Finance & Financial Stability

Research Research Invisible Primes: Fintech Lending with Alternative Data By: Marco Di Maggio , Dimuthu Ratnadiwakara & Don Carmichael MAR 2022 Will the use of alternative data to assess borrowers’ creditworthiness result in broader... View Details

02 Apr 2021
Research & Ideas

Salary Negotiations: A Catch-22 for Women

as she gains power, the researchers say. “This research lends further credence to the notion that it may be difficult for women to reach higher rank positions in organizations even though women may actually often practice advantageous... View Details

Keywords: by Kristen Senz

12 Sep 2024
Blog Post

4 Things You Need to Know about Immersive FIELD Courses at HBS

second-year MBA students who were eager to lend their support to those affected in the region spearheaded the first “immersive,” off-campus field experience to New Orleans. Not only were these students driven by the opportunity to help,... View Details

Web

Winners & Runners-Up | New Venture Competition

Runner-Up & Crowd Favorite Pioneering Bridging gaps in medical equipment access by enabling sharing and redistribution through an asset-light model sustainable biopolymer production. Business Track, 2024 Crop Diagnostix Brandon Chi (MBA... View Details

Research Summary

Current working papers

Organizational restructuring: the influence of formal and informal structure on tie formation. This paper considers how changes in formal structure and a key element of informal structure – the embeddedness of employee... View Details

Web

Faculty & Researchers - Managing the Future of Work

Manjari supports co-chairs William R. Kerr and Joseph B. Fuller on all project priorities. Her research efforts focus on location choices by global companies, the role of business in making cities and regions more competitive, shared... View Details

25 Oct 2020
Research & Ideas

The Dark Side of Fintech Borrowing

now during the pandemic-induced historic recession as some borrowers struggle to repay and investors buying their loans become more difficult to find. “Many low-profitability, high-risk lending companies that came up in the last few years... View Details

Keywords: by Rachel Layne; Financial Services; Banking

21 Jul 2010
Research & Ideas

HBS Faculty Debate Financial Reform Legislation

research on financial markets and regulation and who, in many cases, have held leadership positions in the financial sector, think about the bill and its intended (and unintended) consequences? Below, HBS faculty members Robert Steven Kaplan, David A. Moss, Robert C.... View Details

Keywords: by Staff

Publications