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    Matthew C. Weinzierl

    Matt Weinzierl is Senior Associate Dean and Chair of the MBA Program at Harvard Business School, where he is the Joseph and Jacqueline Elbling Professor of Business Administration in the Business, Government, and the International Economy Unit, and a Research... View Details

    Keywords: aerospace
    • Research Summary

    Industry Dynamics Following Competitive Shocks

    Robert E. Kennedy and Pankaj Ghemawat are using industrial organization theory to study industrial development in countries that have undergone major competitive shocks. Their goal is to develop a set of hypotheses regarding how industry factors effect change in entry... View Details
    • Research Summary

    Business History

    By: Walter A. Friedman
    Walter Friedman serves as co-editor of Business History Review. He has a special interest in the history of marketing and personal selling, and is author of Birth of a Salesman: The Transformation of Selling in America (Harvard, 2004). He is also interested in the... View Details
    • February 2005 (Revised November 2016)
    • Background Note

    Forecasting the Adoption of a New Product

    By: Elie Ofek
    Provides tools and methodologies that allow forecasting demand for innovative new products. Highlights the Bass model—the theory behind it and ways to determine its parameters. Provides a detailed example of how to use the Bass model to forecast demand for satellite... View Details
    Keywords: Forecasting and Prediction; Innovation and Invention; Marketing; Demand and Consumers; Mathematical Methods; Competition
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    Ofek, Elie. "Forecasting the Adoption of a New Product." Harvard Business School Background Note 505-062, February 2005. (Revised November 2016.)
    • 27 Sep 2010
    • News

    Under Pressure, Teams Ignore Experts

    • 2015
    • Working Paper

    Misconduct in Financial Services: Differences across Organizations

    By: Jennifer Brown and Dylan Minor
    We examine misconduct in financial services. We propose a theory in which experts extract surplus based on the value of their firm's brand and their own skills. Using sales complaint data for insurance agents, we find that agents working exclusively for large branded... View Details
    Keywords: Ethics; Insurance; Sales; Financial Services Industry; Insurance Industry
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    Brown, Jennifer, and Dylan Minor. "Misconduct in Financial Services: Differences across Organizations." Harvard Business School Working Paper, No. 16-022, August 2015.
    • Research Summary

    Finding their voice: Time and the conditions that elevate participation of lower-power members in teams [Dissertation, data analysis and writing]

    This dissertation paper develops theory about how gaining voice and “speaking up” by low-power members is not sufficient to create changes that benefit them and their low-power colleagues; that, in fact, speaking up when the team is not ready to listen results in... View Details
    • January 2021 (Revised March 2022)
    • Teaching Note

    Maritz Automotive

    By: Ashley V. Whillans and Lamar Pierce
    This case focuses on Charlotte Blank, the Chief Behavioral Officer at Maritz, as she tries to assist a major automotive manufacturer (CarCo) with increasing their sales by prepaying monthly bonuses to independently franchised car dealers and clawing them back if the... View Details
    Keywords: Loss-framing; Sales; Performance Improvement; Compensation and Benefits; Motivation and Incentives; Behavior; Theory; Auto Industry
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    Whillans, Ashley V., and Lamar Pierce. "Maritz Automotive." Harvard Business School Teaching Note 921-044, January 2021. (Revised March 2022.)
    • 24 Oct 2014
    • Working Paper Summaries

    Individual Experience of Positive and Negative Growth Is Asymmetric: Global Evidence from Subjective Well-being Data

    Keywords: by Jan-Emmanuel De Neve, George W. Ward, Femke De Keulenaer, Bert Van Landeghem, Georgios Kavetsos & Michael I. Norton
    • 25 Jul 2011
    • Research & Ideas

    How Disruptive Innovation is Remaking the University

    Editor's note: It has been more than a decade since the publication of The Innovator's Dilemma, in which Clayton M. Christensen introduced the idea of disruptive technologies—those unexpected products and services that shake up the market not because they are better... View Details
    Keywords: by Clayton M. Christensen & Henry J. Eyring; Education
    • TeachingInterests

    Data Science and Artificial Intelligence for Leaders

    By: Chiara Farronato
    With artificial intelligence (AI)... View Details
    • June 2008
    • Article

    The Market for Mergers and the Boundaries of the Firm

    By: Matthew Rhodes-Kropf and David Robinson
    We relate the property rights theory of the firm to empirical regularities in the market for mergers and acquisitions. We first show that high market-to-book acquirers typically do not purchase low market-to-book targets. Instead, mergers pair together firms with... View Details
    Keywords: Mergers and Acquisitions; Assets; Investment; Property; Mathematical Methods; Boundaries
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    Rhodes-Kropf, Matthew, and David Robinson. "The Market for Mergers and the Boundaries of the Firm." Journal of Finance 63, no. 3 (June 2008): 1169–1211.
    • Web

    Faculty & Research

    routines to create more board engagement with the company’s strategy and transformation. Have these efforts been enough? HBS Working Paper Prices and Concentration: A U-shape? Theory and Evidence from Renewables By: Michele Fioretti,... View Details
    • March 2017
    • Article

    Institutional Ownership and Corporate Tax Avoidance: New Evidence

    By: Mozaffar N. Khan, Suraj Srinivasan and Liang Tan
    We provide new evidence on the agency theory of corporate tax avoidance (Slemrod, 2004; Crocker and Slemrod, 2005; Chen and Chu, 2005) by showing that increases in institutional ownership are associated with increases in tax avoidance. Using the Russell index... View Details
    Keywords: Tax Avoidance; Agency Costs; Institutional Ownership; Private Ownership; Crime and Corruption; Taxation; Agency Theory
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    Khan, Mozaffar N., Suraj Srinivasan, and Liang Tan. "Institutional Ownership and Corporate Tax Avoidance: New Evidence." Accounting Review 92, no. 2 (March 2017): 101–122.
    • 12 Dec 2017
    • First Look

    New Research and Ideas, December 12, 2017

    Organizational Behavior The Energizing Nature of Work Engagement: Toward a New Need-Based Theory of Work Motivation By: Green, Paul, Eli Finkel, Grainne Fitzsimons, and Francesca Gino Abstract—We present View Details
    Keywords: Sean Silverthorne
    • Article

    Games of Threats

    By: Elon Kohlberg and Abraham Neyman
    A game of threats on a finite set of players, N, is a function d that assigns a real number to any coalition, S ⊆ N, such that d(S) = -d(N\S). A game of threats is not necessarily a coalitional game as it may fail to satisfy the condition d(Ø) = 0. We show that analogs... View Details
    Keywords: Shapley Value; Coalitional Game; Game Theory; Mathematical Methods
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    Kohlberg, Elon, and Abraham Neyman. "Games of Threats." Games and Economic Behavior 108 (March 2018): 139–145.
    • Article

    Price and Quality Decisions by Self-Serving Managers

    By: Marco Bertini, Daniel Halbheer and Oded Koenigsberg
    We present a theory of price and quality decisions by managers who are self-serving. In the theory, firms stress the price or quality of their products, but not both. Accounting for this, managers exploit any uncertainty about the cause of market outcomes to credit... View Details
    Keywords: Causal Reasoning; Self-serving Bias; Strategic Orientation; Managerial Decision-making; Price; Quality; Decision Making; Theory
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    Bertini, Marco, Daniel Halbheer, and Oded Koenigsberg. "Price and Quality Decisions by Self-Serving Managers." International Journal of Research in Marketing 37, no. 2 (June 2020): 236–257.
    • Research Summary

    Equity Valuation

    By: Charles C.Y. Wang

    Professor Wang’s research utilizes valuation theory to explain how firm fundamentals are related to the expected rates of equity returns and their term structures. His research provides strong evidence that valuation-based proxies of expected returns outperform the... View Details

    • Research Summary

    Do Equity Covariances Reflect Financial Leverage?

    No arbitrage option pricing theory and the efficient market hypothesis predict that firms with higher financial leverage should have higher equity betas, all else equal. This paper finds little support in the data for this prediction. Within industry, there is large... View Details
    • Research Summary

    Risk Measurement

    By: David E. Bell
    David E. Bell has completed research on the measurement of financial risk. The concepts of risk and return are widely used, at least informally, in the appraisal of financial opportunities. Return is typically measured by the expected value of a project, risk by the... View Details
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