Publications

November 2005 (Revised February 2007)
Case

Governing Sumida Corporation

By: Lynn S. Paine, Masako Egawa, Chisato Toyama and Kim Bettcher

Describes the corporate governance changes adopted by Japan's Sumida Corp. between 1999 and 2005, setting them in the context of changes in Japan's commercial code during this period. Sumida was the first Japanese company to adopt a new U.S.-inspired "committee system"... View Details

Keywords: Governing and Advisory Boards; Corporate Governance; Change Management; Business or Company Management; Management Teams; Law; Japan

2016
Working Paper

Options-Pricing Formula with Disaster Risk

By: Robert J. Barro and Gordon Y. Liao

A new options-pricing formula applies to far-out-of-the money put options on the overall stock market when disaster risk is the dominant force, the size distribution of disasters follows a power law, and the economy has a representative agent with Epstein-Zin utility.... View Details

Keywords: Option Pricing; Rare Disaster; Price; Stock Options; Financial Crisis

17 Oct 2006
First Look

First Look: October 17, 2006

firms such as Elliot and Dart as "vultures" or "rouge creditors" who sought to profit on sovereign debt restructurings at the expense of countries suffering economic hardship View Details

Keywords: Sean Silverthorne

October 2014
Case

Teckentrup: A Door to Managing Difference

By: Clayton Rose, Jerome Lenhardt and Daniela Beyersdorfer

For Kai Teckentrup, the owner and co-CEO of the German "Mittelstand" door manufacturer Teckentrup, balancing competitive pressures, demographic realities and values were at the heart of the diversity program that he had started and championed at the company. Beyond... View Details

Educators

08 May 2007
First Look

First Look: May 8, 2007

France. An example of special interest will be the widespread laws against the buying and selling of organs for transplantation. The historical record suggests that while repugnance can change over time, it... View Details

Keywords: Martha Lagace

23 Dec 2009
Working Paper Summaries

The Global Agglomeration of Multinational Firms

Keywords: by Laura Alfaro & Maggie Chen

3 Apr 2002
Other Presentation

Regional Foundations of Competitiveness Issues for Wales

By: Michael E. Porter

Presentation on the Future Competitiveness of Wales: Innovation, Entrepreneurship, and Technological Change (Video Link). View Details

Keywords: Economics; Growth and Development; Wales

01 Dec 2011
What Do You Think?

Thinking Slow: An Argument for Bureaucracy?

so as well? What do you think? Or do you need more time? Original Article Behavioral economics has fascinated us at least since Daniel Kahneman became the first psychologist to win the Nobel Prize in View Details

Keywords: by James Heskett

2020
Book

American Business History: A Very Short Introduction

By: Walter Friedman

By the early twentieth century, it became common to describe the United States as a "business civilization." President Coolidge in 1925 said, "The chief business of the American people is business." More recently, historian Sven Beckert characterized Henry Ford's... View Details

Keywords: American Economy; Democratic Capitalism; Business History; Economy; Entrepreneurship; United States

October 2014
Technical Note

Legal Hazards of Product Launches

By: Lena Goldberg and Annelena Lobb

This note considers common legal pitfalls associated with the launch of new products. A series of questions are presented that companies poised to launch a product should keep in mind. Questions about advertising, pricing, and branding are explored, as well as who in a... View Details

Keywords: Entrepreneurship; Product Launch; Legal Liability

Educators

24 Jun 2005
Other Presentation

National Competitiveness: Issues for Vietnam

By: Michael E. Porter

Meeting with Prime Minister Phan Van Khai and his delegation, Cambridge, MA. View Details

Keywords: Economics; Viet Nam

21 Apr 2009
First Look

First Look: April 21, 2009

institutional theory, and economic theory. Download the paper: http://www.hbs.edu/research/pdf/08-025.pdf Broadening Focus: Spillovers and the Benefits of Specialization in the... View Details

Keywords: Martha Lagace

January 1984 (Revised April 1993)
Background Note

Introduction to U.S. Political Economy: Antecedents to the New Deal

Provides background information on developments in the U.S. economy and policy over several decades preceding the Hoover Administration. View Details

Keywords: Policy; Macroeconomics; United States

17 Aug 2012
Working Paper Summaries

Dividends as Reference Points: A Behavioral Signaling Approach

Keywords: by Malcolm Baker & Jeffrey Wurgler

March 1996 (Revised June 1996)
Case

Choices in U.S. Trade Policy

By: Louis T. Wells Jr. and Courtenay Sprague

Describes the moments leading to the conclusion of the Uruguay Round of international trade negotiations and the outcome of those negotiations. Discusses some of the options facing the Clinton Administration with respect to its international trade policy. View Details

Keywords: Trade; Governing Rules, Regulations, and Reforms; Policy; Negotiation; Outcome or Result; United States

22 Apr 2014
First Look

First Look: April 22

regulation and an overview of how those changes will affect almost everyone. Publisher's link: http://www.wiley.com/WileyCDA/WileyTitle/productCd-1118758714.html August 2013 Review of Economics View Details

Keywords: Sean Silverthorne

2013
Working Paper

Did Bank Distress Stifle Innovation During the Great Depression?

By: Ramana Nanda and Tom Nicholas

We find a negative relationship between bank distress and the level, quality and trajectory of firm-level innovation during the Great Depression, particularly for R&D firms operating in capital intensive industries. However, we also show that because a sufficient... View Details

Keywords: Great Depression; R＆D; Bank Distress; Patents; Research and Development; Financial Crisis; Innovation and Invention; Banks and Banking; Banking Industry; United States

24 Jul 2019
Lessons from the Classroom

Can These Business Students Motivate Londoners to Do the Right Thing?

millions of extra pounds in tax revenue collected. "I’ve seen behavioral economics come into play in a variety of contexts, ranging from employee compensation and investment decisions to corporate... View Details

Keywords: by Dina Gerdeman

February 2011
Case

ABICI

By: Mukti Khaire, Elena Corsi and Elisa Farri

The co-founder of an Italian, design based bicycle manufacturer evaluates if reducing costs by outsourcing would impact its brand. The company was founded in 2005 in Italy by three friends and in its first five years, it had enjoyed steady growth and built a strong... View Details

Keywords: Trade; Entrepreneurship; Profit; Job Cuts and Outsourcing; Brands and Branding; Product Design; Product Development; Production; Bicycle Industry; Manufacturing Industry; Italy

Educators