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  • All HBS Web  (33,666)
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  • All HBS Web  (33,666)
    • People  (85)
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    • Events  (460)
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  • 1985
  • Chapter

Stockholder, Manager, and Creditor Interests: Applications of Agency Theory

By: Michael Jensen and Clifford W. Smith Jr.
Keywords: Agency Theory; Business and Shareholder Relations; Financing and Loans; Credit; Borrowing and Debt
Citation
SSRN
Related
Jensen, Michael, and Clifford W. Smith Jr. "Stockholder, Manager, and Creditor Interests: Applications of Agency Theory." In Recent Advances in Corporate Finance, edited by E. I. Altman and M. G. Subrahmanyam. Homewood, IL: Richard D. Irwin, 1985. (Reprinted in Theory of the Firm: Governance, Residual Claims, and Organizational Forms, (Harvard University Press, 2000).)
  • 19 Jun 2014
  • Blog Post

Exploring the World of Retail as an Intern at Walmart

Additionally, I recently learned that my assignment is in Merchandise Finance & Strategy, specifically for the Softlines part of the business (i.e., apparel and footwear). I’m thrilled that they listened... View Details
  • 11 Jan 2020
  • News

Harvard Study: Kids of Working Moms Grow up Just as Happy as Stay-At-Home Moms

  • January 2025
  • Case

Index and Active Investing: Vanguard and the New Frontier of Active ETFs

By: Marco Sammon, Luis M. Viceira and Jonathan Kanagasabai
This case explores Vanguard’s strategic decision-making process as it considers entering the growing market for actively managed exchange-traded funds (ETFs). Set in 2024, the case places students in the position of Rodney Comegys, Vanguard’s global head of the Equity... View Details
Keywords: Asset Management; Financial Strategy; Investment Funds; Investment Portfolio; Financial Services Industry
Citation
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Sammon, Marco, Luis M. Viceira, and Jonathan Kanagasabai. "Index and Active Investing: Vanguard and the New Frontier of Active ETFs." Harvard Business School Case 225-056, January 2025.
  • January 2006 (Revised August 2008)
  • Case

Vivaldi Food Concepts--The Start-up of an Asian Venture (A)

Joel Silverstein needs to raise an additional $1.5 million from private investors to round out the equity financing for his new Quick Service Restaurant venture in China, Korea, and Japan. How should he pitch the opportunity? What should be the terms? View Details
Keywords: Venture Capital; Private Equity; Business Startups; Retail Industry; Food and Beverage Industry; Japan; China; South Korea
Citation
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Related
Isenberg, Daniel J. "Vivaldi Food Concepts--The Start-up of an Asian Venture (A)." Harvard Business School Case 806-118, January 2006. (Revised August 2008.)
  • 14 Dec 2022
  • News

How to Pay Executives in the Age of Stakeholder Capitalism

  • 1989
  • Discussion Paper

Problems in the Development and Manufacture of Defense Systems

By: J. Ronald Fox
Keywords: National Security; Production; Product Development; Business and Government Relations; Problems and Challenges
Citation
Related
Fox, J. Ronald. "Problems in the Development and Manufacture of Defense Systems." Discussion Paper, Harvard Business School, November 1989.
  • 15 Sep 2022
  • News

Lessons on Leadership and Community from 25 Leaders of Color

  • March 1985 (Revised June 1985)
  • Teaching Note

Conglomerates and the Merger Movement of the 1960s, Teaching Note

By: Richard S. Tedlow
Keywords: Business Conglomerates; Mergers and Acquisitions
Citation
Related
Tedlow, Richard S. "Conglomerates and the Merger Movement of the 1960s, Teaching Note." Harvard Business School Teaching Note 385-274, March 1985. (Revised June 1985.)
  • 09 Jan 2020
  • News

The Future of Everything: One Architect’s Radical Vision To Replace The Open Office

  • 10 Sep 2018
  • Research & Ideas

Celebrating 'The Men and Women of the Corporation' 40 Years Later

inequality in the workplace. In particular, the book makes clear how organizational roles and structures shape unequal access to opportunities, resources, and advancement. In a wide-ranging conversation, Robin Ely, the Diane Doerge Wilson Professor View Details
Keywords: by Robin J. Ely
  • October 2014
  • Article

Industrial Policy and the Creation of New Industries: Evidence from Brazil's Bioethanol Industry

By: Santiago Mingo and Tarun Khanna
Industrial policy programs are frequently used by governments to stimulate economic activity in particular sectors of the economy. This study explores how an industrial policy program can affect the creation and evolution of an industry and, ultimately, the long-term... View Details
Keywords: Economic Sectors; Policy; Economic Growth; Government and Politics; Energy Sources; Green Technology Industry; Energy Industry; Brazil
Citation
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Mingo, Santiago, and Tarun Khanna. "Industrial Policy and the Creation of New Industries: Evidence from Brazil's Bioethanol Industry." Industrial and Corporate Change 23, no. 5 (October 2014): 1229–1260.
  • July 1991 (Revised May 1995)
  • Case

Samuel Slater, Francis Cabot Lowell, and the Beginnings of the Factory System in the United States

Deals with the coming of the mechanized textile industry to the United States, and with it, the nation's first factories. Considers the introduction of small spinning mills in Rhode Island, and the appearance of large integrated spinning and weaving mills in... View Details
Keywords: Technological Innovation; Business History; Production; Industry Growth; Manufacturing Industry; Rhode Island; Massachusetts
Citation
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McCraw, Thomas K. "Samuel Slater, Francis Cabot Lowell, and the Beginnings of the Factory System in the United States." Harvard Business School Case 792-008, July 1991. (Revised May 1995.)
  • 21 Aug 2015
  • Blog Post

My Fear of Student Debt: Funding the HBS/HKS Joint Degree

but then prevented or delayed me from pursuing them because of student loans? Financial aid opportunities for joint HBS/HKS students As I looked more closely at joint degree programs, the financial aid available at Harvard stood out. Not... View Details
  • 27 Nov 2000
  • Research & Ideas

The Dynamics of Standing Still: Firestone Tire & Rubber and the Radial Revolution

In the decades prior to the advent of radial tires," writes Donald Sull in Business History Review, "Firestone Tire & Rubber was viewed by some observers as the best managed U.S. tire... View Details
Keywords: by Donald N. Sull; Manufacturing; Transportation
  • February 2007
  • Module Note

The Remains of the Day Summary: Reasoning From a Moral Code

By: Sandra J. Sucher
A summary of the major themes discussed in the seventh class of The Moral Leader (EC curriculum). View Details
Keywords: Leadership; Moral Sensibility; Business Education
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Sucher, Sandra J. "The Remains of the Day Summary: Reasoning From a Moral Code." Harvard Business School Module Note 607-071, February 2007.
  • Web

Manuscript Collections - A Chronicle of the China Trade

of the China Trade Introduction Doing Business with China Augustine Heard & Co. The Canton Trade Commodities & Currencies Treaty Ports & Compradors Clippers & Steamships Exploring Trade Links Chinese... View Details
  • 27 Jul 2020
  • News

Fact check: A cashless society isn't imminent and wouldn't mean total end of cash

  • 22 Oct 2020
  • Working Paper Summaries

Estimating Causal Effects in the Presence of Partial Interference Using Multivariate Bayesian Structural Time Series Models

Keywords: by Fiammetta Menchetti and Iavor Bojinov
  • 2011
  • Working Paper

The First Deal: The Division of Founder Equity in New Ventures

By: Thomas F. Hellmann and Noam Wasserman
This paper examines the division of founder shares in entrepreneurial ventures, focusing on the decision of whether or not to divide the shares equally among all founders. To motivate the empirical analysis we develop a simple theory of costly bargaining, where... View Details
Keywords: Business Startups; Decision Choices and Conditions; Entrepreneurship; Fairness; Equity; Managerial Roles; Negotiation Deal; Ownership Stake; Value
Citation
Read Now
Related
Hellmann, Thomas F., and Noam Wasserman. "The First Deal: The Division of Founder Equity in New Ventures." NBER Working Paper Series, No. 16922, April 2011.
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