Publications

March 1976 (Revised May 1993)
Teaching Note

Guaranteed Student Loan Program (A), Teaching Note

By: Regina E. Herzlinger

Keywords: Education; Financing and Loans; Programs

January 1976 (Revised June 1984)
Case

Megalith, Inc. -- Hay Associates (A)

By: John P. Kotter

In 1969, Megalith centralized its financial and control functions. John Boyd, senior vice president for finance, hired four brilliant young managers to "bring the group out of the stone age." By 1975, this management team had created a near-perfect finance office of... View Details

Keywords: Management Teams; Compensation and Benefits; Motivation and Incentives; Problems and Challenges

December 1975
Case

St. Joseph Bank & Trust Co.

By: Stephen A. Greyser and John A. Quelch

Keywords: Banks and Banking; Banking Industry

1975
Working Paper

Information, Efficiency and Equilibrium

By: Jerry R. Green

When economic agents receive information over time concerning future events it is likely that prices for commodities whose value is influenced by these events will fluctuate in response to changes in the state of knowledge. If such events occur periodically,... View Details

Keywords: Economics; Supply and Industry; Price

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fall 1975
Article

Investigation and the Significance of Cost Variances: Survey and Extensions

By: Robert S. Kaplan

Keywords: Cost

October 1975
Background Note

Note on Wraparound Mortgage

By: Kenneth J. Hatten and William J. Poorvu

Keywords: Mortgages

September 1975 (Revised June 1983)
Background Note

Note on the Structural Analysis of Industries

By: Michael E. Porter

Provides a framework for the analysis of industry structure. Identifies the major structural features that influence the profit potential in industries and some illustrative implications of these for strategy formulation. Can be used as a reference note for business... View Details

Keywords: Industry Structures; Business Strategy; Profit

summer 1975
Article

Simulation of Bond Portfolio Strategies: Laddered vs. Barbell Maturity Sturctures

By: D. B. Crane and Stephen P. Bradley

Keywords: Bonds; Investment; Strategy

June 1975 (Revised July 1975)
Background Note

Experience and Cost: Some Implications for Manufacturing Policy

By: Steven C. Wheelwright

Keywords: Experience and Expertise; Cost Management

1975
Book

Management of Bank Portfolios

By: S. P. Bradley and D. B. Crane

Keywords: Management; Investment Portfolio

June 1975 (Revised September 2004)
Case

Angus Cartwright III

By: Kenneth J. Hatten, William J. Poorvu, Howard H. Stevenson, Arthur I. Segel and John H. Vogel, Jr.

Judy and John DeRight, looking to diversify their investment portfolios, have retained Angus Cartwright, Jr. to identify prospective real estate acquisitions. Mr. Cartwright has four potential properties that he feels merit an in-depth financial analysis. The case... View Details

Keywords: Acquisition; Cash Flow; Investment Return; Investment Portfolio; Taxation; Balanced Scorecard; Valuation

April 1975 (Revised November 1984)
Case

Enzone Petroleum Corp.

By: Thomas R. Piper

A large integrated oil company is debating whether to switch from a single hurdle rate to multiple hurdle rates for project analysis purposes. Raises questions on: 1) determination of the cost of equity; 2) the usefulness of multiple hurdle rates to adjust for project... View Details

Keywords: Risk and Uncertainty; Cost; Investment Return; Equity; Capital Budgeting; Energy Industry

April 1975 (Revised December 1991)
Case

Consolidated Edison Co. (Abridged)

By: Thomas R. Piper

Faced with large external financing needs and a low stock price, Con Ed management must decide whether to pay a cash dividend in April 1974. Based on Consolidated Edison by G.C. Lodge. View Details

Keywords: Valuation; Decision Choices and Conditions; Financing and Loans; Energy Industry

April 1975 (Revised May 1993)
Case

Guaranteed Student Loan Program (A)

By: Regina E. Herzlinger

Keywords: Government Administration; Financing and Loans; Public Administration Industry

April 1975 (Revised November 1988)
Case

La Grande Alliance-Restaurant Francaise

By: Claudine B. B. Malone and Carliss Y. Baldwin

Pricing of meals for exclusive French restaurant. View Details

Keywords: Price; Product Marketing; Food and Beverage Industry; Food and Beverage Industry

November 1974 (Revised May 1994)
Case

Science Technology Co.

By: Thomas R. Piper

The president of a medium-sized electronics company is evaluating the financial forecasts and proposed financing program submitted by the chief financial officer. The forecasts are prepared in constant dollars, on which basis the proposed financing plan seems... View Details

Keywords: Currency; Financial Strategy; Forecasting and Prediction; Inflation and Deflation; Risk and Uncertainty; Outcome or Result; Technology Industry; Electronics Industry

1974
Report

An Actuarial Audit of the Social Security System

By: Robert S. Kaplan and Roman L. Weil

Keywords: Accounting Audits; Public Sector; Insurance

August 1974 (Revised November 1974)
Case

Reynolds Construction Company

By: Paul W. Marshall

Deals with the use of critical path method for the construction of remote control building, which is part of a water purification system. Discusses the necessity of determining the shortest possible time in which a job could be done without spending more money. Case... View Details

Keywords: Buildings and Facilities; Construction; Cost Management; Time Management; Wastes and Waste Processing; System; Construction Industry

May 1974
Article

Fallacy of the Log-Normal Approximation to Optimal Portfolio Decision Making over Many Periods

By: Robert C. Merton and Paul A. Samuelson

Keywords: Investment; Decision Making