Financial Complexity - Publications - Faculty & Research

18 Nov 2010
Research & Ideas

GM’s IPO: Back to the Future

decision by the Bush White House to provide more than $20 billion to GM, Chrysler, and their financial subsidiaries, the auto task force put together by President Obama managed a restructuring of both companies at a breathtaking pace.... View Details

Keywords: by Staff; Auto

05 Mar 2013
First Look

First Look: March 5

and levels of making the business case. 1) Research over the last decade has pointed to a complex relation between sustainability and financial performance. 2) Results have been influenced by different input... View Details

Keywords: Sean Silverthorne

11 May 2020
News

Better Than Cash

necessary financial investments. “There is no blueprint, as every member is at a different place,” says Goodwin-Groen. “Our role is to help create opportunities for investment in this sector.” One of our biggest challenges, Goodwin-Groen... View Details

15 Mar 2021
Blog Post

REFLECTIONS ON MY TIME AS BEI DIRECTOR

complex and multi-dimensional. We connect faculty, alumni, students, and staff to grapple with questions such as, “Are our students prepared to lead sustainable organizations?” “What do our alumni need to know about climate risk?” “How... View Details

01 Jun 2025
News

Making Difficult Decisions: The General Manager’s Job

One of the most essential roles of the general manager is to be the person who can move an organization forward through the most tangled of circumstances, says Professor Amy Edmondson, “where there is uncertainty, different points of view, and high stakes, whether... View Details

Keywords: Jen Mcfarland Flint; Illustration by Peter Arkle; Educational Support Services; Educational Services

25 Mar 2021
News

Alumni Honor Nitin Nohria and Support His Legacy

School and strengthened its role in the University. Furthermore, by building the pipeline of faculty, launching new global research offices and centers, increasing financial aid to attract students from diverse backgrounds, fostering One... View Details

01 Oct 2001
News

Dean Clark on the New Academic Year

addition to these initiatives, we are committed to making significant investments in people. One of the greatest traditional strengths of the School is its faculty. We are poised to explore new fields of inquiry that will require our faculty to pursue difficult and... View Details

Keywords: Kim B. Clark; Colleges, Universities, and Professional Schools; Educational Services

31 Jul 2012
First Look

First Look: July 31

likely would be difficult to finance externally. We argue that a developed financial system can facilitate exports, and we test three implications. First, a more developed financial system is associated with... View Details

Keywords: Carmen Nobel

11 May 2011
Research & Ideas

Building a Better Board

decisions that come before the board," Kaufman says. "One lesson from the recent global financial crisis was that some financial institution boards had few directors who really understood the... View Details

Keywords: by Carmen Nobel

02 Jun 2011
What Do You Think?

Is it Time for a National Bankruptcy?

question this raises is which lenders, nations or commercial institutions? Shann Turnbull, citing some of his own work on the subject, argued that the risks of allowing insolvency "can no longer be reliably managed because they have become too View Details

Keywords: by Jim Heskett

Web

Podcast - HBS Online

associate dean for HBS Online and Executive Education, joins host Chris Linnane to uncover how financial statements communicate the essentials of business and why accounting is a universal language connecting companies of all sizes. Nancy... View Details

17 Feb 2014
Research & Ideas

Companies Detangle from Legacy Pensions

difficult question, How are we going to make good on those promises? Pensions are a costly legacy for many companies. Photo: iStockPhoto The question is particularly urgent now, says Viceira, who teaches in the area of investment management and capital markets. For... View Details

Keywords: by Michael Blanding; Financial Services; Financial Services

28 Jun 2011
First Look

First Look: June 28

externally hired CEOs increase the likelihood of providing guidance. Complicated Firms Authors:Lauren Cohen and Dong Lou Publication:Journal of Financial Economics (forthcoming) Abstract We exploit a novel setting in which the same piece... View Details

Keywords: Sean Silverthorne

30 Oct 2005
Research & Ideas

Tuning Jobs to Fit Your Company

units responsible for the costs. Wide spans of support become critically important when customer loyalty is vital to strategy implementation. The more complex and interdependent the job, the more important a wide span of influence... View Details

Keywords: by Robert Simons

20 Jan 2010
First Look

First Look: Jan. 20

strategy, creating high levels of customer satisfaction, or motivating people to navigate complex matrix organizations. Download the paper: http://www.hbs.edu/research/pdf/10-051.pdf Substitution Patterns of the Random Coefficients Logit... View Details

Keywords: Martha Lagace

22 Jan 2008
Research & Ideas

New Challenges in Leading Professional Services

Professional service firms—law firms, financial services firms, money management firms, private equity firms, hedge funds, management consultants, advertising agencies—are the most challenging and exciting organizations to lead, maintain... View Details

Keywords: by Sean Silverthorne; Consulting; Accounting; Legal Services

01 Jun 2010
News

M.I.A. Boards

September 2008, just one of its ten non-executive directors had any recent banking experience. He had joined the board five months before Lehman went bust. The backgrounds of Lehman’s independent directors were hardly suited to overseeing a complicated View Details

Keywords: John Gillespie;David Zweig; Finance

Web

1.19 Immersive Field Courses (IFC) | MBA

Course Fee IFCs require a firm commitment and carry a financial obligation. Financial aid is available in the form of a student loan, a need-based HBS scholarship, or a combination of both depending on... View Details

Web

Law, Management and Entrepreneurship - Course Catalog

examine contemporary issues in securities law, private equity transactions and regulatory responses to complex financial instruments; Enhance understanding of the legal life cycle of a start-up including... View Details

07 Aug 2017
Blog Post

A Summer Internship with the City of Boston

Fellowship, has led the charge, championing the end user in a system burdened with legacy IT, a complex government bureaucracy, and the financial constraints that (rightfully) come with using taxpayers’... View Details

Publications