Short-termism - Publications - Faculty & Research

13 Apr 2010
First Look

First Look: April 13

stylized fact in empirical finance is that the spread between the yield on long-term bonds and short-term bonds forecasts positively future excess returns on bonds at varying horizons, and that the View Details

Keywords: Martha Lagace

26 Aug 2009
Op-Ed

Where Cash for Clunkers Ran Off the Road

short-term incentive programs designed to shape consumer purchase behavior. It has no experience in such initiatives and proved itself incapable of forecasting demand associated with different incentive levels. And the auto industry... View Details

Keywords: by John Quelch; Auto

05 Jul 2006
Op-Ed

Corporate Governance Activists are Headed in the Wrong Direction

Long-term investors? Short-term investors? Transient investors? In addition, how are dispersed shareholders to sort out which nominees deserve their "for" votes? In the case of re-nominations, how is an incumbent's past... View Details

Keywords: by Joseph Hinsey

24 Feb 2003
Research & Ideas

In Troubled Africa, Botswana Flowers

(diamonds) and have managed this resource extremely well. Working with De Beers, the government has consistently and strategically limited its sales of diamonds, striving to keep prices steady over the long run rather than maximizing View Details

Keywords: by Cynthia Churchwell

03 Oct 2012
What Do You Think?

Can We Bring Back the “Industrial Commons” for Manufacturing?

perspective" that emphasizes cumulative investments over relatively long periods of time. Recognizing that instead of evaluating investments in R&D or new factories on a purely short-term financial basis, that the math of... View Details

Keywords: by James Heskett; Manufacturing

09 Aug 2006
Research & Ideas

Career Advancement Without Experience

job. This is particularly true, however, for contract workers—because they are paid for each short-term job, their employers are likely to subject their work to close, frequent evaluation. Acquire referrals. Because high-tech contractors... View Details

Keywords: by Julia Hanna; Motion Pictures & Video; Technology

23 Mar 2021
Blog Post

A Lifelong Friendship: From Classmates in Cameroon to Roommates at HBS

entrepreneurial successes of Hispanic immigrants in the US. Gana: I'll have a better short-term answer after I test out management consulting this summer. As Kevin mentioned, we launched Blackminds to help share black stories - that is... View Details

22 Feb 2022
News

Addressing The Financial Security Gap

initiative helps organizations create short-term financial stability for vulnerable workers and communities. FINANCE AND THE ECONOMIC RECOVERY READ MORE STORIES FINANCE AND THE ECONOMIC RECOVERY READ MORE STORIES Ackerley cites a Pew... View Details

Keywords: Jennifer Gillespie

14 Jul 2021
News

The First Five Years: Nicolas Manes (MBA 2020)

from small- and medium-sized farms and ship it to our warehouses, where we prepare the orders. After the order is prepared, we ship the orders using a decentralized network of drivers to the group buyers, who handle the last-mile-delivery logistics.” What are your... View Details

01 Sep 2016
News

The Big Business of Little Loans

Banks. Amid the excitement, abuses have also appeared, with some online lenders reportedly charging as much as 50 percent in interest on some short-term loans. It’s been enough to attract the attention of regulators, with everyone from... View Details

Keywords: Nancy Miller

01 Apr 1998
News

Microfinance's Big Payoff: Michael Chu and ACCION International

short-term business loans to the self-employed poor. Chu, a native of China, grew up in Montevideo, Uruguay. After graduating from Dartmouth and HBS, he held senior management positions with several firms, including The Boston Consulting... View Details

01 May 2020
In Practice

COVID-19’s Hard Lessons Might Prepare Business for Climate Change

The coronavirus pandemic caught the business world by surprise, but the catastrophe might force companies to face a crisis that has been unfolding in plain sight: climate change. We asked faculty members affiliated with the Business and Environment Initiative at... View Details

Keywords: by Danielle Kost

Profile

Tiffany Pham

“Our short-term goals are: international, mobile, and video. With millions of users now accessing us from over 208 countries, we have introduced features enabling the translation of our content into any language. With over 70% of our... View Details

Keywords: Entrepreneurship; Entertainment / Media; Technology

29 Oct 2018
Research & Ideas

Hunting for a Hot Job in High Tech? Try 'Digitization Economist'

marketplaces. The way marketplaces and intermediaries rank offers from sellers or service-providers can be thought of as an incentive system. Economists are well positioned to analyze issues such as short-term user behavior and the... View Details

Keywords: by Roberta Holland; Technology; Education

22 Mar 2017
Research & Ideas

What's the Ideal Frequency for a Sales Quota?

study: A company’s quota structure should be tied directly to its sales strategy. “If you want to increase revenue, just purely increase revenue, especially on a short-term basis, then maybe it makes sense to go to a frequent quota,”... View Details

Keywords: by Carmen Nobel

18 Jun 2014
Research & Ideas

Leading Innovation is the Art of Creating ‘Collective Genius’

miles from Burbank, California, to Emeryville, near San Francisco, setting the systems up over a weekend. The move worked and the studio hit both deadlines. The book cites short-term innovation, in the decision to borrow the computers,... View Details

Keywords: by Kim Girard

23 Jan 2020
Research & Ideas

Businesses Need a 'Catalyst' to Make CSR Practices Stick

modernization of the ecosystem, not just one enterprise. This often requires structuring a special purpose vehicle that can manage shared risks and returns. Buy-in. The company must obtain buy-in of regional managers by adjusting performance goals to account for... View Details

Keywords: by Michael Blanding

19 Jul 2016
First Look

July 19, 2016

in press Journal of Systems and Software Technical Debt and System Architecture: The Impact of Coupling on Defect-related Activity By: MacCormack, Alan, and Daniel J. Sturtevant Abstract—Technical debt is created when design decisions that are expedient in the View Details

Keywords: Sean Silverthorne

14 Oct 2014
First Look

First Look: October 14

October 2014 Review of Financial Studies Money Creation and the Shadow Banking System By: Sunderam, Adi Abstract—Many explanations for the rapid growth of the shadow banking system in the mid-2000s focus on money demand. This paper asks whether the View Details