Finance - Publications - Faculty & Research

10 Oct 2018
News

Building Paths to Success

finance course with David Mullins in his first year, one that would eventually set his career course toward Macquarie Bank, Australia’s largest investment group. When he became an impact investor after 14 years in the banking world,... View Details

Keywords: Jill Radsken

01 Mar 2007
News

The Plight of the Global Poor

approaches, distribution networks, product packaging, and financing instruments to meet the needs and requirements of very poor customers. As members of the School’s Global Poverty Project (GPP), Kash Rangan, John Quelch, and other... View Details

Keywords: Garry Emmons; bottom of the pyramid (BOP); Colleges, Universities, and Professional Schools; Educational Services; Social Assistance; Health, Social Assistance

25 Jul 2024
News

Mentorship Program in Singapore is Still Lighting the Way to Success

Clubs News Clubs News It’s been a decade since the HBS Club of Singapore (HBSCS) launched its signature Mentorship Program, aimed at helping local university and trade school students to prepare for life after graduation, both personally and professionally. The program... View Details

Keywords: Margie Kelley

31 Mar 2023
Blog Post

Bring your authentic self to work: Advice from HBS alumni

felt the most affirmed and championed when my team has seen my distinct lived experience as an asset, not just an advertisement opportunity. Social Finance did just that and allowed me to leverage my queer identity and global health... View Details

Keywords: All Industries

15 Jun 2021
News

Diversifying HBS's Case Collection

“The Tulsa Massacre and the Call for Reparations,” coauthored by Mihir Desai, the Mizuho Financial Group Professor of Finance [see related story]. A PDF of this written case, as well as of the note “African American Inequality in the... View Details

Keywords: Jennifer Gillespie

01 Aug 2002
News

HBS Alumni Association Board of Directors: President's Report

Relations staff with a goal of describing HBS finances and demystifying some of the commonly held beliefs about the School's funding needs. These sessions were instrumental in informing the students and setting expectations for a lifetime... View Details

01 Jan 2004
News

Minoru Makihara, 75th AMP, 1977

losses, improve his finance department with the help of a Wall Street private equity firm, and make it a matter of policy to pay closer attention to managing the balance sheet. Makihara then turned his attention to improving Mitsubishi's... View Details

2010
Chapter

The Euro as a Reserve Currency for Global Investors

By: Luis M. Viceira and Ricardo Gimeno

This article explores the demand for the euro for risk management purposes and the evidence of stock market integration in the euro area. We define a reserve currency as one that investors demand either because it helps them hedge real interest risk and inflation risk,... View Details

Keywords: Volatility; Inflation and Deflation; Capital Markets; Currency; Stocks; Financial Markets; Financing and Loans; Investment Return; Investment Portfolio; Risk Management

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August 2012 (Revised December 2023)
Background Note

Note on Health Insurance Coverage, Coding, and Payment

By: Regina E. Herzlinger and Jo Ellen Slurzberg

This note explains how health care technology and service innovators receive payment from government insurers, in the U.S. and abroad, and from private insurers. It describes each of the three steps needed to obtain reimbursement: coverage, coding, and payment. It also... View Details

Keywords: Health Care Delivery; Health Care Costs; Health Insurance; Health Insurance Marketplaces; Health Care and Treatment; Cost; Insurance; Innovation and Invention; Private Sector; Public Sector; Decision Making; Information Technology; Health Industry; Insurance Industry

Citation

Educators

2009
Working Paper

When Does Domestic Saving Matter for Economic Growth?

By: Philippe Aghion, Diego A. Comin, Peter Howitt and Isabel Tecu

Can a country grow faster by saving more? We address this question both theoretically and empirically. In our theoretical model, growth results from innovations that allow local sectors to catch up with frontier technology. In poor countries, catching up requires the... View Details

Keywords: Developing Countries and Economies; Economic Growth; Entrepreneurship; Foreign Direct Investment; Saving; Technological Innovation; Mathematical Methods

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May 2009
Article

Synchronicity and Firm Interlocks in an Emerging Market

By: Tarun Khanna and Catherine Thomas

Stock price synchronicity has been attributed to poor corporate governance and a lack of firm-level transparency. This paper investigates the association between different kinds of firm interlocks, control groups, and synchronicity in Chile. A unique data set... View Details

Keywords: Stocks; Price; Corporate Governance; Governance Controls; Governing and Advisory Boards; Resource Allocation; Emerging Markets; Ownership Stake; Chile

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January 2005 (Revised April 2006)
Case

Stonewall Kitchen

By: Myra M. Hart, Victoria Winston, Kristin Lieb, Kenna Wyllie Baudin, Alison Bell and Leslie Simmons

Jonathan King and Jim Stott, the founders of Stonewall Kitchen, started out in 1992 with a simple business selling jams and jellies at local farmers' markets. By 2004, they had grown the company into a $25 million organization with 250 employees. They expanded their... View Details

Keywords: Strategic Planning; Food; Expansion; Business Growth and Maturation; Entrepreneurship; Financing and Loans; Business Startups; Growth and Development Strategy; Retail Industry; Food and Beverage Industry; United States

Citation

Educators

Purchase

November 1997 (Revised December 1999)
Case

Cinemex

By: James L. Heskett

The founders of Cinemex, the largest capitalized venture start-up in Mexican history, are debating several issues concerning the operations of their new chain of motion picture theatres in Mexico City. The first concerns whether some seats should be left unsold to... View Details

Keywords: Business Startups; Service Operations; Debates; Venture Capital; Customer Satisfaction; Advertising; Investment; Theater Entertainment; Entertainment and Recreation Industry; Mexico City

Citation

Educators

Purchase

September 1992 (Revised March 1998)
Case

Japan Confronts an Interdependent World

By: George C. Lodge

Traces the evolution of Japan's economic strategy from 1972 to 1992. Describes the collapse of the Japanese stock market in the spring of 1992, raising the question: Is this the end of Japan's miraculous growth? To help students consider that question, the case... View Details

Keywords: Policy; Financial Markets; Information Technology; System Shocks; Borrowing and Debt; Financial Crisis; Government and Politics; Growth and Development; Situation or Environment; Japan; United States

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29 Jun 2007
First Look

First Look: June 29, 2007

under severe economic conditions. We show that many structured finance instruments can be characterized as economic catastrophe bonds, but offer far less compensation than alternatives with comparable payoff profiles. We argue that this... View Details

Keywords: Martha Lagace

Article

Losing to Win: U.S. Steel's Pricing, Investment Decisions, and Market Share, 1901-1938

By: F. L. Reinhardt and T. K. McCraw

Keywords: Price; Investment; Revenue; Steel Industry

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10 Aug 2019
Working Paper Summaries

Varieties of Outward Chinese Capital: Domestic Politics Status and Globalization of Chinese Firms

Keywords: by Meg Rithmire

20 Apr 2009
Working Paper Summaries

Corporate Misgovernance at the World Bank

Keywords: by Ashwin Kaja & Eric Werker

26 Feb 2009
Research & Ideas

Podcast: Preventing Future Financial Failures

Podcast with: David Moss Interviewer: Jim Aisner Running Time: 21 min., 03 sec. To listen to this interview with professor David Moss, click on the triangular Play button below. The Macromedia Flash plug-in is required to play this video. If you install the Flash... View Details

Keywords: Re: David A. Moss; Banking