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  • All HBS Web  (10,268)
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  • All HBS Web  (10,268)
    • People  (22)
    • News  (1,563)
    • Research  (7,295)
    • Events  (98)
    • Multimedia  (65)
  • Faculty Publications  (5,746)
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  • March 2010
  • Article

Extreme Governance: An Analysis of Dual-Class Firms in the United States

By: Paul A. Gompers, Joy Ishii and Andrew Metrick
We construct a comprehensive list of dual-class firms in the United States and use this list to analyze the relationship between insider ownership and firm value. Our data have two useful features. First, since dual-class stock separates cash-flow rights from voting... View Details
Keywords: Voting; Cash Flow; Stocks; Rights; Ownership Stake; Value; United States
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Gompers, Paul A., Joy Ishii, and Andrew Metrick. "Extreme Governance: An Analysis of Dual-Class Firms in the United States." Review of Financial Studies 23, no. 3 (March 2010).
  • 18 Jun 2024
  • Research & Ideas

Central Banks Missed Inflation Red Flags. This Pricing Model Could Help.

doctoral student at the University of Chicago. The ‘state’ of the price gap matters Economists generally use two main data models to detect inflation and predict the pace at which retailers raise prices:... View Details
Keywords: by Rachel Layne; Financial Services; Banking
  • 07 Oct 2015
  • What Do You Think?

What is the Best Immigration Model for the US?

beliefs that they share are different.” Bowlweevils, injecting a political note into a discussion intended to deal with economics, argued that Germany has no model for dealing with immigrants and asylum... View Details
Keywords: by James Heskett
  • 2014
  • Article

Models of Caring, or Acting as if One Cared, About the Welfare of Others

By: Julio J. Rotemberg
This paper surveys the theoretical literature in which people are modeled as taking other people's payoffs into account either because this affects their utility directly or because they wish to impress others with their social-mindedness. Key experimental results that... View Details
Keywords: Motivation and Incentives; Behavior; Philanthropy and Charitable Giving
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Rotemberg, Julio J. "Models of Caring, or Acting as if One Cared, About the Welfare of Others." Annual Review of Economics 6 (2014): 129–154.
  • January 1999
  • Article

An Analysis of Compensation in the U.S. Venture Capital Partnership

By: Paul Gompers and Josh Lerner
Keywords: Compensation and Benefits; Venture Capital; Partners and Partnerships; United States
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Gompers, Paul, and Josh Lerner. "An Analysis of Compensation in the U.S. Venture Capital Partnership." Journal of Financial Economics 51, no. 1 (January 1999): 3–44.
  • 22 Apr 2014
  • News

Being a role model as well as a teacher

Anthony Priest (MBA 1996), program specialist at DC Public Schools, talks about being a role model for inner-city youths. “The first class I took on classroom management, the teacher said, ‘You never have to raise your voice.’ View Details
  • 2023
  • Working Paper

Nailing Prediction: Experimental Evidence on the Value of Tools in Predictive Model Development

By: Daniel Yue, Paul Hamilton and Iavor Bojinov
Predictive model development is understudied despite its centrality in modern artificial intelligence and machine learning business applications. Although prior discussions highlight advances in methods (along the dimensions of data, computing power, and algorithms)... View Details
Keywords: Analytics and Data Science
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Yue, Daniel, Paul Hamilton, and Iavor Bojinov. "Nailing Prediction: Experimental Evidence on the Value of Tools in Predictive Model Development." Harvard Business School Working Paper, No. 23-029, December 2022. (Revised April 2023.)
  • 22 Dec 2016
  • Op-Ed

The Small Business Administration is a Model for How to Drive Economic Growth

public-private partnership model that increases US economic growth and helps create access and opportunity for all Americans. Related reading: Where Could More Regulation Help... View Details
Keywords: by Karen Mills
  • December 2011
  • Article

Manager-Specific Effects on Earnings Guidance: An Analysis of Top Executive Turnovers

By: Francois Brochet, Lucile Faurel and Sarah McVay
We investigate how managers contribute to the provision of earnings guidance by examining the association between top executive turnovers and guidance. Although firm and industry characteristics are important determinants of guidance, we conclude that CEOs participate... View Details
Keywords: Management Analysis, Tools, and Techniques; Management Teams; Policy; Decisions; Change; Risk and Uncertainty; Leadership
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Brochet, Francois, Lucile Faurel, and Sarah McVay. "Manager-Specific Effects on Earnings Guidance: An Analysis of Top Executive Turnovers." Journal of Accounting Research 49, no. 5 (December 2011).
  • October 2007 (Revised July 2013)
  • Case

Vertex Pharmaceuticals and the Cystic Fibrosis Foundation: Venture Philanthropy Funding for Biotech

By: Robert F. Higgins, Sophie LaMontagne and Brent Kazan
In 2001, Vertex Pharmaceuticals Incorporated acquired the San Diego-based biotech company, Aurora Biosciences. The combination of Vertex's and Aurora's technologies would improve the flow of novel drug candidates into development. However, several questions related to... View Details
Keywords: Philanthropy; Philanthropy Funding; Innovation; Funding Model; Venture Capital; Partners and Partnerships; Financing and Loans; Investment Funds; Acquisition; Philanthropy and Charitable Giving; Biotechnology Industry; Pharmaceutical Industry; San Diego
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Higgins, Robert F., Sophie LaMontagne, and Brent Kazan. "Vertex Pharmaceuticals and the Cystic Fibrosis Foundation: Venture Philanthropy Funding for Biotech." Harvard Business School Case 808-005, October 2007. (Revised July 2013.)
  • 1980
  • Book

Competition in an Open Economy: A Model Applied to Canada

By: R. E. Caves, M. E. Porter and A. M. Spence
Keywords: Competition; Business Model; Canada
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Caves, R. E., M. E. Porter, and A. M. Spence. Competition in an Open Economy: A Model Applied to Canada. Vol. 150, Harvard Economic Studies. Cambridge, MA: Harvard University Press, 1980.
  • 14 Jun 2023
  • News

Is Your Business Model Part of Your Innovation Strategy?

    Nailing Prediction: Experimental Evidence on the Value of Tools in Predictive Model Development

    Predictive model development is understudied despite its importance to modern businesses. Although prior discussions highlight advances in methods (along the dimensions of data, computing power, and algorithms) as the primary driver of model quality, the value of... View Details
    • 19 Nov 2010
    • Working Paper Summaries

    Do Bonuses Enhance Sales Productivity? A Dynamic Structural Analysis of Bonus-Based Compensation Plans

    Keywords: by Doug J. Chung, Thomas Steenburgh & K. Sudhir
    • September 1987
    • Comment

    Discussion of 'An Analysis of the Use of Accounting and Market Measures of Performance in Executive Compensation Contracts'

    By: George P. Baker
    Keywords: Measurement and Metrics; Contracts; Markets; Executive Compensation; Accounting; Performance
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    Baker, George P. "Discussion of 'An Analysis of the Use of Accounting and Market Measures of Performance in Executive Compensation Contracts'." Journal of Accounting Research (September 1987).
    • September 1997
    • Article

    The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out

    By: Bruno S. Frey and Felix Oberholzer-Gee
    Keywords: Cost; Motivation and Incentives; Theory
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    Frey, Bruno S., and Felix Oberholzer-Gee. "The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out." American Economic Review 87, no. 4 (September 1997): 746–755.
    • July 16, 2016
    • Article

    A Game Theoretic Model for Resource Allocation Among Countermeasures with Multiple Attributes

    By: Elisabeth C. Paulson, Igor Linkov and Jeffrey Keisler
    We study a strategic, two-player, sequential game between an attacker and defender. The defender must allocate resources amongst possible countermeasures and across possible targets. The attacker then chooses a type of threat and a target to attack. This paper proposes... View Details
    Keywords: Resource Allocation; Game Theory; Strategy
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    Paulson, Elisabeth C., Igor Linkov, and Jeffrey Keisler. "A Game Theoretic Model for Resource Allocation Among Countermeasures with Multiple Attributes." European Journal of Operational Research 252, no. 2 (July 16, 2016): 610–622.
    • May–June 2021
    • Article

    Capturing Value in Platform Business Models that Rely on User-Generated Content

    By: Hemang Subramanian, Sabyasachi Mitra and Sam Ransbotham
    Business models increasingly depend on inputs from outside traditional organizational boundaries. For example, platforms that generate revenue from advertising, subscription, or referral fees often rely on user-generated content (UGC). But there is considerable... View Details
    Keywords: Business Model; Network Effects; Mergers and Acquisitions; Valuation; Risk and Uncertainty
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    Subramanian, Hemang, Sabyasachi Mitra, and Sam Ransbotham. "Capturing Value in Platform Business Models that Rely on User-Generated Content." Organization Science 32, no. 3 (May–June 2021): 804–823.
    • February 2007
    • Article

    The Effect of File Sharing on Record Sales: An Empirical Analysis

    By: Felix Oberholzer-Gee and Koleman Strumpf
    Keywords: Information Technology; Sales; Theory
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    Oberholzer-Gee, Felix, and Koleman Strumpf. "The Effect of File Sharing on Record Sales: An Empirical Analysis." Journal of Political Economy 115, no. 1 (February 2007): 1–42.
    • Article

    Corporate Lobbying as Marketing Communication: Utilizing Multivariate Analysis for Segmentation Strategies

    By: Rohit Deshpandé and Rajendra K. Srivastava
    Citation
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    Deshpandé, Rohit, and Rajendra K. Srivastava. "Corporate Lobbying as Marketing Communication: Utilizing Multivariate Analysis for Segmentation Strategies." Special Issue on Proceedings of the Second Annual Conference of the Academy of Marketing Science edited by D. K. Hawes and R. Tamilia. Developments in Marketing Science 1 (1978): 128–132.
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