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  • All HBS Web  (15,458)
    • People  (13)
    • News  (3,245)
    • Research  (10,773)
    • Events  (29)
    • Multimedia  (216)
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    Case Problems in Finance

    The leading volume of finance cases used worldwide, Case Problems in Finance presents real business situations that pose debatable alternative courses of action. The cases contain problems that can be narrowed but not always settled by the usual techniques... View Details

    • 9 AM – 9 AM EST, 07 Nov 2018

    HBX Leading with Finance

    Gain a deep understanding of the principles of finance a toolkit for making smart financial decisions and the confidence to communicate those decisions to key stakeholders. Program Dates: November 7, 2018 - December 19, 2018 View Details
    • November 1997 (Revised May 2001)
    • Background Note

    Introduction to Entrepreneurial Finance

    By: Paul A. Gompers
    Presents an overview of the issues covered in Entrepreneurial Finance. The frameworks of analysis as well as themes of the course are covered. Additionally, provides references on entrepreneurial finance from both academics and the popular press. View Details
    Keywords: Entrepreneurship; Corporate Finance
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    Gompers, Paul A. "Introduction to Entrepreneurial Finance." Harvard Business School Background Note 298-061, November 1997. (Revised May 2001.)
    • February 2014 (Revised May 2014)
    • Background Note

    Finding the Money: An Overview of Infrastructure Finance Challenges and Opportunities

    By: Rosabeth Moss Kanter and Daniel Fox
    This overview describes how the United States funds and finances infrastructure investment to maintain its economic competitiveness. It considers the roles of taxpayers, users, government allocators and lenders, and private investors in the infrastructure funding... View Details
    Keywords: Finance; Infrastructure; Technology; United States
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    Kanter, Rosabeth Moss, and Daniel Fox. "Finding the Money: An Overview of Infrastructure Finance Challenges and Opportunities." Harvard Business School Background Note 314-094, February 2014. (Revised May 2014.)
    • Article

    Financing Experiments

    By: Ramana Nanda and Matthew Rhodes-Kropf
    Citation
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    Nanda, Ramana, and Matthew Rhodes-Kropf. "Financing Experiments." Science 348, no. 6240 (June 12, 2015).
    • January 2002 (Revised August 2006)
    • Background Note

    New Venture Financing

    By: Howard H. Stevenson and Michael J. Roberts
    Describes the various alternative financing alternatives available to new ventures. A rewritten version of an earlier note. View Details
    Keywords: Financing and Loans; Business Startups
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    Stevenson, Howard H., and Michael J. Roberts. "New Venture Financing." Harvard Business School Background Note 802-131, January 2002. (Revised August 2006.)
    • 1999
    • Book

    The Financing of Catastrophe Risk

    By: Kenneth A. Froot
    Keywords: Catastrophe Risk; Corporate Finance; Banking And Insurance; Hedging; Banking; Decision Choice And Uncertainty; Financial Markets; Insurance; Policy; Risk Management; Natural Disasters; Cost of Capital; Asset Pricing; Insurance Industry
    Citation
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    Froot, Kenneth A., ed. The Financing of Catastrophe Risk. Chicago: University of Chicago Press, 1999.
    • Article

    Financing Constraints, Home Equity and Selection into Entrepreneurship

    By: Thais Laerkholm Jensen, Søren Leth-Petersen and Ramana Nanda
    We exploit a mortgage reform that differentially unlocked home equity across the Danish population and study how this impacted selection into entrepreneurship. We find that increased entry was concentrated among entrepreneurs whose firms were founded in industries... View Details
    Keywords: Mortgage Reform; Home Equity; Financing Constraints; Entrepreneurs; Entrepreneurship; Mortgages; Denmark
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    Jensen, Thais Laerkholm, Søren Leth-Petersen, and Ramana Nanda. "Financing Constraints, Home Equity and Selection into Entrepreneurship." Journal of Financial Economics 145, no. 2A (August 2022): 318–337.
    • May 2016 (Revised May 2017)
    • Case

    Supply Chain Finance at Procter & Gamble

    By: Benjamin C. Esty, E. Scott Mayfield and David Lane
    In April 2013, Procter & Gamble (P&G), the world’s largest consumer packaged goods (CPG) company, announced that it would extend its payment terms to suppliers by 30 days. At the same time, P&G announced a new supply chain financing (SCF) program giving suppliers the... View Details
    Keywords: Working Capital; Supply Chain Finance; Corporate Treasury; Consumer Packaged Goods; Supply Chain; Supplier Relationships; Banking; Liquidity; Accounts Payable; Financial Reporting; Cash Flow; Cost Management; Banks and Banking; Financial Strategy; Multinational Firms and Management; Supply Chain Management; Accrual Accounting; Value Creation; Consumer Products Industry; Forest Products Industry; United States; Brazil
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    Esty, Benjamin C., E. Scott Mayfield, and David Lane. "Supply Chain Finance at Procter & Gamble." Harvard Business School Case 216-039, May 2016. (Revised May 2017.)

      Climate Finance Takeaways: Recap of 2021 Climate Finance Short Intensive Program

      A recap of the 2021 Climate Finance Short Intensive Program co-taught at HBS with George Serafeim. Spotlights which stakeholders must come together to alleviate “the tragedy of the commons” problem in climate finance solutions. View Details
      • 01 Jun 2017
      • News

      Why Finance Needs More Humanity, and Why Humanity Needs Finance

      • February 2024 (Revised February 2025)
      • Case

      Financing Matillion's Scaleup (A)

      By: Raymond Kluender, Emanuele Colonnelli and Ramana Nanda
      In 2019, Matthew Scullion, founder and CEO of U.K. startup Matillion, faced a decision about which term sheet to accept for the lead investor in his company’s $35 million Series C financing round. Would the connections and opportunities offered by Silicon Valley-based... View Details
      Keywords: Entrepreneurship; Negotiation; Ownership; Business Startups; Decisions; Venture Capital; Financing and Loans; Valuation; Information Technology Industry; United Kingdom
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      Kluender, Raymond, Emanuele Colonnelli, and Ramana Nanda. "Financing Matillion's Scaleup (A)." Harvard Business School Case 824-140, February 2024. (Revised February 2025.)
      • July 1993
      • Case

      Genzyme Corporation: A Financing History

      By: Timothy A. Luehrman and Andrew D. Regan
      Genzyme Corp.'s financing history is unusual compared to most biotech companies. This case presents the sequence of financings employed by Genzyme, along with the product--market and corporate-development strategies adopted by Henri Termeer, Genzyme's CEO. As such, the... View Details
      Keywords: History; Marketing Strategy; Financing and Loans; Business Strategy; Growth and Development Strategy; Biotechnology Industry
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      Luehrman, Timothy A., and Andrew D. Regan. "Genzyme Corporation: A Financing History." Harvard Business School Case 294-005, July 1993.
      • 02 Jun 2017
      • News

      Why Finance Needs More Humanity, and Why Humanity Needs Finance

      • winter 2005
      • Article

      Financing Auction Bids

      By: Matthew Rhodes-Kropf and S. Viswanathan
      In many auctions, bidders do not have enough cash to pay their bid. If bidders have asymmetric cash positions and independent private values then auctions will be inefficient. However, what happens if bidders have access to financial markets? We characterize efficient... View Details
      Keywords: Financing and Loans; Auctions; Bids and Bidding; Financial Markets; Valuation; Cash; Capital Markets; Profit; Competition
      Citation
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      Rhodes-Kropf, Matthew, and S. Viswanathan. "Financing Auction Bids." RAND Journal of Economics 36, no. 4 (winter 2005): 789–815.
      • Program

      Finance for Senior Executives

      Summary When you can speak the language of finance, you have the power to build stronger strategies, expand your influence, and make better business decisions. Finance for Senior Executives delivers a foundation in corporate View Details
      • Research Summary

      Financing New Business Formation

      By: Paul A. Gompers
      New business creation has become a potent force for economicdevelopment in the United States. Prior to 1980, large firms created the majority of new jobs in the American economy. While considerable debate rages over whether small firms are the source of recent job... View Details
      • 1990
      • Book

      Continuous-Time Finance

      By: Robert C. Merton
      Keywords: Finance; Financing and Loans
      Citation
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      Merton, Robert C. Continuous-Time Finance. Oxford, U.K.: Basil Blackwell, 1990. (Rev. ed., 1992.)
      • 13 May 2004
      • Conference Presentation

      Financing Growth

      By: C. G. Brush, N. M. Carter, E. J. Gatewood, P. G. Green and Myra M. Hart
      Keywords: Finance; Economic Growth
      Citation
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      Brush, C. G., N. M. Carter, E. J. Gatewood, P. G. Green, and Myra M. Hart. "Financing Growth." Paper presented at the Women's Leadership Exchange Conference, May 13, 2004.
      • 2004
      • Chapter

      Project Finance

      By: B. C. Esty
      Keywords: Project Finance
      Citation
      Related
      Esty, B. C. "Project Finance." Chap. D4 of Handbook of Modern Finance, edited by James Seward and Dennis Logue. New York: Warren, Gorham & Lamont, 2004.
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