Privilege - Publications - Faculty & Research

Research Summary

The Institutional Foundations of Lending: Indirect Regulation and State-Building

The Institutional Foundations of Lending: Indirect Regulation and State-Building makes two main theoretical contributions to the scholarship on credit markets and institutional development. First, the book demonstrates that opportunistic lenders can take... View Details

21 Mar 2012
Op-Ed

Finding the Right Jeremy Lin Storyline

we may turn against him if or when he fails? The Privileged Underdog Story: If the storyline is how Lin's relative privilege as a Harvard graduate worked against him, the questions we ignore are about our... View Details

Keywords: by Lakshmi Ramarajan; Entertainment & Recreation

24 May 2004
Research & Ideas

When Reputation Trumps Regulation

reputational assets have a strong positive incentive to continue to live up to those reputations. Firms with reputational assets are able to secure privileged access to outside finance as a result of their reputation. They may also enjoy... View Details

Keywords: by Ann Cullen

06 Feb 2006
What Do You Think?

Should CEOs of Public Companies Offer Earnings Guidance?

practice of providing detailed information about the company's "quarterly standings, stock prices, new acquisitions, etc.," concludes that "anyone who has stock or investments in a public company should be privileged to... View Details

Keywords: by James Heskett; Financial Services

17 Jun 2013
Research & Ideas

Advertising Symbiosis: The Key to Viral Videos

videos received upwards of a million views each. CONCEPT: Offer the viewer privileged access to valuable content. EXAMPLE: Virgin Atlantic's sneak peek. Also in 2010, members of Virgin Atlantic's frequent-flyer program received an email... View Details

Keywords: by Carmen Nobel; Advertising

20 Jul 2016
Research & Ideas

Airplane Design Brings Out the Class Warfare in Us All

the socioeconomic strata as we are herded through the pampered world of first and business class to our humble place in coach. It’s difficult to look past the wide and plush seats filled with passengers given privileged access to board... View Details

Keywords: by Dina Gerdeman; Air Transportation; Sports; Travel

16 Sep 2015
Op-Ed

The Real Duty of the Board of Directors

value over the short, medium, and long term. These audiences will be privileged for resource allocation purposes, and they will determine what the company deems to be material for reporting purposes. If the board decides, for example,... View Details

Keywords: by Robert G. Eccles & Tim Youmans

08 Jan 2007
Research & Ideas

Who Rises to Power in American Business?

privileged families have always had an easier path to traditional power. Those on the outside—foreigners, women, African-Americans, non-Protestant religious affiliations—often pursued other paths to power. When doors were closed,... View Details

Keywords: by Sean Silverthorne

05 Jul 2017
Research & Ideas

Are Stockbrokers Illegally Leaking Confidential Information to Favored Clients?

Source: Raw Pixel Stockbrokers are taking advantage of their privileged position to increase profits for favored investors and hedge funds, all at the expense of their other customers, new research suggests. A team of economists has found... View Details

Keywords: by Carmen Nobel; Financial Services

02 Oct 2000
What Do You Think?

What Lies Beyond NAFTA?

to satisfy the U.S. demand?" Devdip Ganguli asks, "... will neighboring countries be justified in considering it their right that the privileges be extended to them as well?" It's hard to argue with his conclusion that... View Details

Keywords: by James Heskett

04 May 2007
What Do You Think?

How Do Managers Think?

medicine allow doctors to be hands-on today with what will be their job tomorrow . Will future managers have the privilege to experience and acquire practical understanding within real-life companies (as a) complementary device to... View Details

Keywords: by Jim Heskett

24 Feb 2014
Research & Ideas

Busting Six Myths About Customer Loyalty Programs

the privilege of collecting loyalty card customer data. As former Tesco CEO Sir Terry Leahy put it in his recent book referring to the 1 percent loyalty discount: "It was a thank you, pure and simple." Can such small rewards... View Details

Keywords: by Marcel Corstjens & Rajiv Lal; Retail; Consumer Products

13 May 2002
Book

Bringing the Master Passions to Work

Communist heaven. Master passions—passions that create our world and are in turn proliferated by these very creations—are ubiquitous. But ubiquity is a privilege that accrues to those who can make themselves invisible. So the master... View Details

Keywords: by Mihnea C. Moldoveanu & Nitin Nohria

07 Jul 2003
Research & Ideas

The Organizational Model for Open Source

market, goods like education. If we are granting special tax privileges to organizations to produce software, we as a society are saying something about the nature of that good and the nature of the markets that create it. Q: What were... View Details

Keywords: by Mallory Stark

29 Sep 2008
Research & Ideas

How Economics May Lead to Better Football Games

clearinghouse that makes efficient matches in students' last year of medical school. (I had the privilege of designing the current clearinghouse algorithm.) Medical marketplaces for subspecialties like gastroenterology are increasingly... View Details

Keywords: by Sarah Jane Gilbert; Sports

23 Mar 2011
Research & Ideas

China’s 60-Year Road from Revolution to World Power

in state industries—became a closed caste, an industrial elite with hereditary jobs, and with privileges and security far above that of their rural cousins. If anything, the gap between urban and rural identities became greater. And the... View Details

Keywords: by William C. Kirby

01 Mar 2011
First Look

First Look: March 1

certain securities, engaged in irresponsible investment behavior, and offered privileges to insiders not afforded to ordinary investors. During the famous "Hundred Day" congressional session that began his presidency, Roosevelt... View Details

Keywords: Sean Silverthorne

05 Feb 2014
Research & Ideas

Can Putin Score Olympic Gold?

million every four years just for the privilege of using The Rings in their advertising—with hundreds of millions more spent on the advertising campaigns themselves. They aren't the only ones banking on Olympic success. NBC, which paid... View Details

Keywords: by Michael Blanding; Sports; Advertising

03 Nov 2022
Op-Ed

Feeling Separation Anxiety at Your Startup? 5 Tips to Soothe These Growing Pains

on how to express their concerns with their new bosses versus offering to talk to their boss on their behalf or worse, commiserate with them. Just because you used to sit next to them in a WeWork a year ago, does not afford them the View Details

Keywords: by Julia Austin

21 Sep 2016
Research & Ideas

Shabana Azmi: Leveraging Bollywood Fame into Social Good

communist party, they hosted party gatherings at their home. She talks about going away from that for a few years when she was just getting started in her career, but coming back to it when she realized she had both the privilege and the... View Details

Keywords: by Sean Silverthorne; Motion Pictures & Video

Publications