Instrumentality - Publications - Faculty & Research

1997
Chapter

August 1995 (Revised October 1996)
Case

Futures on the Mexican Peso

By: Kenneth A. Froot, Matthew McBrady and Mark Seasholes

The Chicago Mercantile Exchange needs to decide how to design, and whether and when to introduce, a futures contract on the Mexican peso. View Details

Keywords: Exchange Rates; Money Markets; Futures Market; Country Analysis; International Finance; Financial Markets; Futures and Commodity Futures; Financial Services Industry; Chicago; Mexico

Citation

Educators

Purchase

August 2016
Article

The Activities of Buy-Side Analysts and the Determinants of Their Stock Recommendations

By: Lawrence D. Brown, Andrew C. Call, Michael B. Clement and Nathan Y. Sharp

We survey 344 buy-side analysts from 181 investment firms and conduct 16 detailed follow-up interviews to gain insights into the activities of buy-side analysts, including the determinants of their compensation, the inputs to their stock recommendations, their beliefs... View Details

Keywords: Analysis; Human Capital; Compensation and Benefits; Stocks; Financial Services Industry

Citation

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February 2019 (Revised March 2019)
Case

Banorte and the Capital Call Facility: Infrastructure Finance in Mexico

By: John D. Macomber, Carla Larangeira and Fernanda Miguel

As a result of Mexico´s pension industry deregulation, pension funds were able to invest in energy and infrastructure projects through a variety of financial instruments, particularly through Capital Development Certificates (CKDs), an asset class that served as a... View Details

Keywords: Financial Products; Fund Management; Capital Call Facility; Pension Funds; Infrastructure; Energy; Finance; Decision Making; Investment Funds; Financial Instruments; North America; Mexico

Citation

Educators

Purchase

2004
Case

Valuing Employee Stock Options

By: Timothy A. Luehrman

Keywords: Stock Options; Valuation; Compensation and Benefits

Citation

June 1995
Teaching Note

ARPPS: Adjustable Rate Perpetual Preferred Stock and MMP: Money Market Preferred Stock TN

By: Andre F. Perold and Wai Lee

Keywords: Stocks

Citation

September 1992
Teaching Note

Capital Holding Corporation TN

By: Lynda M. Applegate

Keywords: Stocks

Citation

July 2006
Supplement

Citigroup: Euro Zone Bond Trading (B)

By: Lynn S. Paine, Christopher Bruner and Aldo Sesia

Keywords: Bonds; Financial Services Industry; Europe

Citation

February 2004 (Revised February 2004)
Supplement

Dividend Policy at Linear Technology

By: Malcolm P. Baker

Spreadsheet to (9-204-066). Download only. View Details

Keywords: Stocks; Technology Industry

Citation

Purchase

1983
Book

Rating Industrial Bonds

By: David Hawkins, Walter J. Campbell and Barbara A. Brown

Keywords: Bonds

Citation

Find at Harvard

Web

Providing Scholarships for Impact on a Sector | Social Enterprise | Harvard Business School

sector. Mary Wooldridge, MBA 1994, was instrumental in launching the scholarship program 14 years ago; now Minister for Mental Health, Community Services, and Disability Services and Reform, she reflects on its impact: “Harvard Fellows... View Details

Ernesta G. Procope

Procope founded her company to initially provide automobile and home owners insurance for the underserved African-American community in New York City. When insurance coverage was denied to certain minority communities after the race riots in 1968, Procope was View Details

Keywords: Finance

Richard H. Jenrette

for the firm. Jenrette was instrumental in taking the company public in 1970 making it the first publicly traded investment firm in the United States. Taking the helm of DLJ in 1973, Jenrette shepherded it through the recession. His... View Details

Keywords: Finance

01 Sep 2012
News

Case Study Pioneer

HBS’s first director of case development, Andrew Towl (MBA 1936), whose three-decade career at the School was instrumental in establishing the influence of the case method worldwide, died in June at the age of 101. Towl conducted... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

1986
Chapter

The Conoco Takeover and Stockholder Returns

By: R. S. Ruback

Keywords: Acquisition; Investment Return; Stocks; Energy Industry

Citation

June 2025
Article

Passive Ownership and Price Informativeness

By: Marco Sammon

I show that passive ownership negatively affects the degree to which stock prices anticipate earnings announcements. Estimates across several research designs imply that the rise in passive ownership over the last 30 years has caused the amount of information... View Details

Keywords: Passive Ownership; ETFs; Market Efficiency; Price; Investment Funds; Stocks; Communication

2022
Working Paper

Stock Market Stimulus

By: Robin Greenwood, Toomas Laarits and Jeffrey Wurgler

We study the stock market effects of the arrival of the three rounds of “stimulus checks” to U.S. taxpayers and the single round of direct payments to Hong Kong citizens. The first two rounds of U.S. checks appear to have increased retail buying and share prices of... View Details

Keywords: Stock Market; COVID-19 Pandemic; Fiscal Stimulus; Stimulus Payments; Impact; Stocks; System Shocks; Price; Spending; United States; Hong Kong; China

Citation

Read Now

2008
Book

The Ascent of Money: A Financial History of the World

By: Niall Ferguson

Niall Ferguson traces the historical evolution of the financial system, from its origins in ancient Mesopotamia to the latest upheavals on what he calls "Planet Finance." In doing so, he reveals financial history as the essential backstory behind all history, from the... View Details

Keywords: Financial History; Money; Financial Institutions; Financial Instruments; Investment; Globalization

Citation

26 Aug 2014
First Look

First Look: August 26

from non-experts or not at all. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=47824 August 2014 Administrative Science Quarterly The Contaminating Effects of Building Instrumental Ties: How Networking Can Make Us Feel... View Details

Keywords: Sean Silverthorne