Restructuring - Publications - Faculty & Research

10 Aug 2011
Research & Ideas

HBS Faculty Views on Debt Crisis

spending may involve continuation of the payroll tax holiday as well as improvements in this country's infrastructure. Politicians' pledges to resist restructuring entitlements or to rule out raising revenues are the antithesis of what is... View Details

Keywords: by Staff

18 Apr 2018
First Look

First Look at New Research and Ideas, April 18, 2018

and TPG. In January 2015, Caesars Entertainment Operating Company (CEOC), its largest subsidiary, filed for Chapter 11. This set up a battle between the company and a set of large, distressed investors. At issue was not only how to View Details

Keywords: Sean Silverthorne

05 Aug 2014
First Look

First Look: August 5

2006, the leadership team at Merrimack Pharmaceuticals, Inc. had to decide whether to keep its R&D organization in functional departments or restructure it into interdisciplinary teams. This case follows the outcomes of this decision... View Details

Keywords: Sean Silverthorne

10 Jun 2002
Research & Ideas

Reinventing the Industrial Giant

dealers onto the network used by the GM Corporation. The goal of this restructuring was to "help simplify the mess of incompatible and redundant computer and communications systems at many dealerships, reducing costs overall. `I've... View Details

Keywords: by Nitin Nohria, Davis Dyer & Frederick Dalzell; Manufacturing

28 May 2013
First Look

First Look: May 28

therapy innovations. To bolster Medtronic's near-term prospects, he has supported creative product and business model innovations aimed at overcoming adoption barriers in emerging economies. Ishrak restructured his executive team and... View Details

Keywords: Sean Silverthorne

15 May 2012
First Look

First Look: May 15

Looking back, how should the company's restructuring be assessed? Purchase this case:http://cb.hbsp.harvard.edu/cb/product/811030-PDF-ENG Caijing Magazine (B) Karthik Ramanna and G.A. DonovanHarvard Business School Supplement 112-049 In... View Details

Keywords: Carmen Nobel

May 2019
Case

Canada Mortgage and Housing Corporation: 'One CMHC' and Version 3.0

By: Boris Groysberg and Sarah L. Abbott

When Evan Siddall was appointed CEO of Canada Mortgage Housing Corporation (CMHC) five years earlier, he had embarked on a major organizational restructuring. Now he is spearheading another round of changes. CMHC has adopted an ambition vision and five year strategic... View Details

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2010
Working Paper

When Do Analysts Add Value? Evidence from Corporate Spinoffs

By: Emilie Rose Feldman, Stuart Gilson and Belen Villalonga

We investigate the information content and forecast accuracy of 1,793 analyst reports written around 62 spinoffs—a setting in which analysts' ability to inform investors is potentially very high. We find that analysts pay little attention to subsidiaries about to be... View Details

Keywords: Earnings Management; Mergers and Acquisitions; Business Subsidiaries; Restructuring; Forecasting and Prediction; Insolvency and Bankruptcy; Initial Public Offering; Price; Reports; Research

Citation

Read Now

14 May 2008
Research & Ideas

Getting Down to the Business of Creativity

new applications, and second, to shift the mindset of an organization that has held the identity of an ‘imaging' company for decades." The case details how President and CEO Shigetaka Komori implements a restructuring of the company... View Details

Keywords: by Julia Hanna; Retail; Apparel & Accessories; Fashion; Entertainment & Recreation

17 Apr 2007
First Look

First Look: April 17, 2007

called Edelnor that was in danger of becoming insolvent within months. Fernando had six months to restructure the company before it would become completely insolvent, and his headache was compounded by the fact that the process for... View Details

Keywords: Martha Lagace

01 Sep 2008
News

Balanced Equation

restructure and diversify the giant family firm and turn it into a global enterprise. How do you see the role of business now and in the future? Consumers are demanding a new template for corporations. They are not satisfied with glossy... View Details

Keywords: James Aisner;Deborah Blagg;Julia Hanna;Susan Young; Management, Scientific, and Technical Consulting Services; Professional Services

March 2010
Teaching Note

Rosetree Mortgage Opportunity Fund (TN)

By: Victoria Ivashina and Andre F. Perold

Teaching Note for [209088]. View Details

Keywords: Financial Crisis; Crisis Management; Capital; Mortgages; Mergers and Acquisitions; Valuation; Borrowing and Debt; Cash Flow; Bids and Bidding; Financing and Loans; Restructuring; Financial Markets; United States

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06 Dec 2011
First Look

First Look: Dec. 6

diversification and additional market penetration in both developed and emerging markets. He and his colleagues would depend on their experience of acquiring numerous companies, entering and retaining new markets, restructuring the... View Details

Keywords: Sean Silverthorne

21 Jan 2009
First Look

First Look: January 21, 2009

borrowers to restructure their debts. Performing mortgages could then potentially be resold in the secondary market. The case provides cash flow projections in various economic scenarios that are revealing of the economics of troubled... View Details

Keywords: Martha Lagace

01 Apr 2008
First Look

First Look: April 1, 2008

especially as the government did not want a rate hike that could potentially hinder economic growth and increase its already large fiscal debt burden. Purchase this case: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=708017 View Details

Keywords: Martha Lagace

15 Jun 2010
First Look

First Look: June 15

continue to promote the firm's emphasis on global diversity and inclusion while it restructures its business and reduces its managerial workforce. Purchase this case:http://cb.hbsp.harvard.edu/cb/product/610056-PDF-ENG View Details

Keywords: Martha Lagace

04 Sep 2007
Research & Ideas

Jumpstarting Innovation: Using Disruption to Your Advantage

sustainable proprietary advantage. Collaborate! Innovations that matter arise from perspectives that cross boundaries. Leveraging Disruption Executives around the world have spent the past decades redesigning processes and restructuring... View Details

Keywords: by Lynda M. Applegate

07 Apr 2015
First Look

First Look: April 7

2015 Journal of Financial Economics The Ownership and Trading of Debt Claims in Chapter 11 Restructurings By: Ivashina, Victoria, Benjamin Iverson, and David C. Smith Abstract—What is the ownership structure of bankrupt debt claims? How... View Details

Keywords: Sean Silverthorne

March 2022
Supplement

Winning Business at Russell Reynolds (B)

By: Ethan Bernstein and Cara Mazzucco

In an effort to make compensation drive collaboration, Russell Reynolds Associates’ (RRA) CEO Clarke Murphy sought to re-engineer the bonus system for his executive search consultants in 2016. As his HR analytics guru, Kelly Smith, points out, that risks upsetting–and... View Details

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February 2021 (Revised June 2021)
Case

Barbarians at the Gate or Turnaround Gurus? Private Equity and the Rise of the LBO

By: Tom Nicholas and John Masko

During the 1980s, leveraged buyouts (LBOs) and the private equity (PE) firms responsible for carrying them out revolutionized both investment and management in the U.S. Between 1980 and 1989, buyout activity in the U.S. surged from $1 billion per year to $60 billion.... View Details