Publications

December 1995
Article

Primer on New Stock Option Accounting Alternatives

By: David F. Hawkins

Keywords: Stocks; Accounting

Article

Targeted Repurchases and Common Stock Returns

By: R. S. Ruback and W. Mikkelson

Keywords: Stocks; Finance

June 2002
Background Note

Convertible Securities

This case covers the general characteristics of convertible securities and briefly discusses their history, investors, issuers, and method of valuation. View Details

Keywords: Debt Securities

August 1, 2002
Article

Options Should be Reflected in the Bottom Line

By: Zvi Bodie, Robert S. Kaplan and Robert C. Merton

Keywords: Financial Instruments; Profit

May 17, 2000
Article

New Stock Option Rules

By: David F. Hawkins

Keywords: Financial Instruments; Stock Options; Governing Rules, Regulations, and Reforms

January 2011 (Revised December 2017)
Case

This case consists primarily of excerpts from term sheets and prospectuses for six securities offerings made by US companies during 2009-2010, just after the financial crisis and recession of 2008-09. There are three issues of senior unsecured notes, one floating rate... View Details

Keywords: Financial Crisis; Equity; Debt Securities; Bonds; Motivation and Incentives; United States

01 Mar 2017
News

How Deep Brain Stimulation Could Change Medicine

Illustration by Jon Krause Illustration by Jon Krause Roger Frisch, a concert violinist with the Minnesota Orchestra, sees his instrument as an extension of himself—each time he pulls the bow across its strings, the vibrations seem to... View Details

Keywords: Janelle Nanos

29 Jun 2020
Working Paper Summaries

Measuring the Perceived Liquidity of the Corporate Bond Market

Keywords: by Sergey Chernenko and Adi Sunderam; Financial Services

January 2008
Background Note

Equity Derivatives

By: Joshua Coval and Erik Stafford

The goal of these simulations is to understand the dynamic replication technique behind the Black-Scholes/Merton options model. The simulations focus on a single stock and a risk-free discount bond, which are used to replicate a contingent payoff. The underlying stock... View Details

Keywords: Equity; Bonds; Stocks; Price; Risk Management

01 Oct 1999
News

Dateline Belgrade

breakthrough memorandum while riding out a NATO bombing raid in a Belgrade bunker, the Financial Times (June 14, 1999) asserted that Castenfelt was instrumental "in convincing the Yugoslav leadership of the need to end the war."... View Details

November 2013 (Revised March 2015)
Case

Massachusetts Pay-for-Success Contracts: Reducing Juvenile and Young Adult Recidivism

By: V. Kasturi Rangan and Lisa A. Chase

The case describes the nature of juvenile recidivism in Massachusetts and explores the potential structure of a privately funded, publicly guaranteed pay-for-success contract. View Details

Keywords: Social Impact Bonds; Pay-for-success; Social Innovation; Juvenile (Prison) Recidivism; Homelessness; Bonds; Social Issues; Public Administration Industry; Massachusetts

1 Mar 2002 - 3 Mar 2004
Conference Presentation

Does governance form matter? Evidence from stock market reactions to acquisitions and alliances

Keywords: Governance; Stocks; Alliances

2003
Other Unpublished Work

Short Selling in Practice--Intermediating Uncertain Share Availability

By: Gene M D'Avolio and André Perold

Keywords: Stocks; Risk and Uncertainty

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

January – February 1969
Article

Sophisticated Financing Tool: The Warrant

By: Henry B. Reiling and Samuel L. Hayes III

Keywords: Financing and Loans; Financial Instruments

May – June 1981
Article

Is Your Stock Worth Its Market Price?

By: W. E. Fruhan Jr. and Thomas R. Piper

Keywords: Stocks; Price; Value

February 2002
Article

Stock Options for Undiversified Executives

By: Brian J. Hall and Kevin J. Murphy

Keywords: Management; Stock Options