Financial History - Publications - Faculty & Research

February 2008 (Revised September 2010)
Case

Enterprise Culture in Chinese History: Zhang Jian and the Dasheng Cotton Mills

By: Elisabeth Koll

This case focuses on the legal and managerial evolution of limited-liability firms in China, using the example of the Dasheng cotton mills in Nantong near Shanghai. Dasheng, one of the earliest and most successful industrial enterprises in pre-war China, was founded by... View Details

Keywords: History; Law; Organizational Culture; Family Ownership; State Ownership; Corporate Governance; Financial Crisis; Business and Government Relations; Entrepreneurship; Change; Manufacturing Industry; Shanghai; China

Citation

Educators

Purchase

01 Jun 2008
News

The Prophet of Start-Ups

General Georges Frederic Doriot, but I do know that in 2002, when I looked into the sparse literature on the history of venture capital, his name kept popping up. I found a bunch of newspaper and magazine profiles, a chapter on him in a... View Details

Keywords: Spencer E. Ante; George Doriot; Charles F. Kettering; Lawrence Lowell; F. Warren Hellman; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

13 Mar 2012
First Look

First Look: March 13

government has outsourced these inspections to the private sector. Analyzing millions of emissions tests, we find empirical support for our hypotheses that particular product portfolios and forms of governance can mitigate moral hazard. Our results have broad... View Details

Keywords: Sean Silverthorne

13 Aug 2024
Op-Ed

Can AI Save Physicians from Burnout?

revenue and physician compensation. Unfortunately, attempting to save time with an AI tool in taking visit notes may actually translate into increased patient loads. If volume-driven financial incentives remain unchanged, there may be... View Details

Keywords: by Susanna Gallani, Lidia Moura, and Katie Sonnefeldt; Health

06 Feb 2023
Blog Post

Meet the Black Investment Club

the Black Investment Club. Aka Akapelwa (MBA 2023) Aka Akapelwa came to HBS after six years in financial services, first in investment banking at Jeffries and later in Private Equity at ICV Partners where he invested across Healthcare,... View Details

Keywords: Private Equity; Venture Capital; Investment Management / Hedge Fund

01 Sep 2020
News

Road Work

Sean (left) and Kenny Salas Photo courtesy of Camino Financial Sean (left) and Kenny Salas Photo courtesy of Camino Financial Twin brothers Kenny and Sean Salas (both MBA 2015) grew up with firsthand... View Details

Keywords: banking; LatinX; small businesses; COVID-19; Finance

25 Mar 2014
Research & Ideas

China’s Economic System has Difficult Road Overcoming its Political System

strong history of commercial development. Pictured is the Bund in Shanghai, the city's financial district along the Huangpu River, in 1899. "After people read this book, they should not be negative on... View Details

Keywords: by Michael Blanding

01 Dec 2008
News

A Force for Good

was an absolutely key pillar in the Business School, both in the mission sense — of getting our thoughts out and having an impact in the world — and in a financial sense,” says the School’s current Dean, Jay Light. “He also understood the... View Details

Keywords: Jeffrey L. Cruikshank; Construction of Buildings; Construction; Monetary Authorities-Central Bank; Finance; Hospitals; Health, Social Assistance; Publishing Industries (except Internet); Information; Wood Product Manufacturing; Manufacturing; Rail Transportation; Transportation

01 Dec 2008
News

Business at the Summit

Democrats don’t like ‘standards.’ ” Ignore history at your peril: HBS professor Niall Ferguson, an economic historian, declared that a global economy is more likely to create economic crises than a nonglobal one, and that government... View Details

Keywords: leadership; alumni events; Centennial; Business Schools & Computer & Management Training; Educational Services; Finance; Management

August 2022
Case

Air Wars: Deregulating the U.S. Airline Industry

By: Tom Nicholas and James Weber

In the early decades of the twentieth century, the U.S. government assisted in the development of an airline industry by subsidizing the delivery of mail and allowing mail carriers to also fly passengers. Because the government awarded mail routes to the lowest... View Details

Citation

Educators

03 May 2013
News

Looking Through Glass, Historically

with numerous visits to the Library of Congress and the Patent Office. "I had to buy over 1,000 pieces of glassware to describe and photograph. After the company closed, I was able to go through old sales, production, and financial... View Details

Keywords: Visual arts; crafts; glass making; Miscellaneous Manufacturing; Manufacturing

01 Jun 2012
News

Alumni Book Briefs

way to success, the first step, the authors say, is to take action now and learn on the way. They show how to determine the best strategy and tactics when the future is uncertain, how to minimize financial risk in every decision, and why... View Details

Keywords: News, Library, Internet, and Other Services; Information; Clothing and Clothing Accessories Stores; Retail Trade

11 Jul 2012
Research & Ideas

The Future of Boards

In discussions that continue to swirl in the aftermath of the financial crisis, the question of corporate governance's role is often front and center. In The Future of Boards: Meeting the Governance Challenges of the Twenty-First Century,... View Details

Keywords: by Julia Hanna

27 Oct 2009
First Look

First Look: October 27

Working Papers Money or Knowledge? What Drives Demand for Financial Services in Emerging Markets? (revised) Authors: Shawn Cole, Thomas Sampson, and Bilal Zia Abstract Why is demand for formal financial... View Details

Keywords: Martha Lagace

13 Jun 2014
News

The Art of Effecting Change

the last 10 to 15 years educating myself on art history and contemporary artists." Evans's philanthropic work also extends to HBS, where she and Bruce, both financial aid recipients, paid forward the... View Details

Keywords: Jill Radsken; Arts, Entertainment

22 Apr 2008
First Look

First Look: April 22, 2008

borrowers in the London market, we challenge the traditional view that gold-standard adherence worked as a credible commitment mechanism that was rewarded by financial markets with lower borrowing costs. We demonstrate that in the poor... View Details

Keywords: Martha Lagace

30 Sep 2022
Blog Post

Latina Women in Leadership: Jacqueline Burgos (MBA 2014)

works at Google in their Go-to-Market organization supporting the largest media advertising agencies in the world. Tell us about your life before HBS. Before HBS, I worked at HBO as a New Media Analyst in their Financial Planning and... View Details

29 Jan 2013
First Look

First Look: Jan. 29

research agenda to systematically address the social welfare implications of financial innovation. To complement existing empirical and theoretical methods, we propose that scholars examine case studies of systemic (widely adopted)... View Details