Transaction - Publications - Faculty & Research

01 Apr 1998
News

Deals For Sale

IF BUSINESS-TO-BUSINESS commerce over the Internet is the wave of the future - and analysts project such transactions will increase a thousandfold by 2001 - then Scott Randall and his company, FairMarket (www.fairmarket.com), are riding... View Details

Keywords: Judith A. Ross

01 Dec 2005
News

The Deleterious Effects of Dirty Money

realistic to expect other people to follow his example? Why not? You can do business all around the world abiding by the laws of other countries. It’s when we want to maximize the profit on every single transaction that we get into... View Details

Keywords: Lewis I. Rice; Finance

September 1991 (Revised March 2005)
Case

WPP Group and Its Acquisitions

By: William J. Bruns Jr.

WPP Group acquired J. Walter Thompson and Ogilvy & Mather, paying high premiums in relation to earnings. In each acquisition the goodwill acquired was immediately charged off against owners' equity. Then, WPP Group established a value for the brand names of the two... View Details

Keywords: Goodwill Accounting; Accounting; Brands and Branding; Product Positioning; Market Transactions; Equity; Private Equity; Relationships; Mergers and Acquisitions; Management Style; Consumer Products Industry; United States; United Kingdom

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Article

Alfred D. Chandler: His Vision and Achievement

Among historians, Alfred Chandler's influence is by far the greatest, as he has affected economics, sociology, and business administration. Chandler never took short cuts, never stinted, and never published until he was satisfied that he had done his very best.... View Details

Keywords: Goals and Objectives; Mission and Purpose; Success; Books; Demand and Consumers; Power and Influence; Economic Growth; Ethics; Knowledge Sharing; Product Positioning; Market Transactions; Fair Value Accounting

Citation

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13 Aug 2007
Research & Ideas

The Dark Side of Trust

double-edged sword. In the short run, working with trusted suppliers reduces transaction costs and furthers the buyer's competitive standing. This is the effect that has been emphasized in previous work. But trust can also make you blind... View Details

Keywords: by Sean Silverthorne; Service

30 Apr 2001
What Do You Think?

Dot.Com Shakeout: Chess or Roulette?

highly attractive deals, they may find that their prospective partners no longer exist. By the time they are ready to transact or invest, that talent they found so attractive may be gone. What is happening here? Is it free enterprise or... View Details

Keywords: by James Heskett

23 Jan 2008
First Look

First Look: January 23, 2008

failures. To work well, marketplaces have to provide thickness, i.e., they need to attract a large enough proportion of the potential participants in the market; they have to overcome the congestion that thickness can bring, by making it possible to consider enough... View Details

Keywords: Martha Lagace

21 Nov 2005
Research & Ideas

Making Credibility Your Strongest Asset

maximizing joint gain. Also important is how each transaction enhances—or compromises—one's reputation for treating other people. Reputation is relevant, of course, only when people are known and past relationships are remembered. Yet... View Details

Keywords: by Michael Wheeler

Profile

Luciana Baigun

catch at the best prices. Curious, she asked her colleagues about the phenomenon and learned about M-PESA in Kenya, a mobile payment system that allows people without bank accounts to make and manage financial transactions through their... View Details

Fast Answer

Africa: research, news, analysis

original and curated content on private capital investment in Africa; Includes information useful for sourcing, evaluating and executing private equity, infrastructure and venture capital transactions in Africa. (Full Access should be... View Details

25 May 2020
Research & Ideas

Has Occupational Licensing Outlived Its Usefulness?

ensure that buyers and sellers who don’t know each other trust that the transactions will be safe and of high quality? This is the fundamental role of online platforms: aggregating information that is useful for buyers and sellers who... View Details

Keywords: by Martha Lagace; Service

04 May 2020
Research & Ideas

Predictions, Prophets, and Restarting Your Business

crisis war room, and the speech about resilience. It’s unclear whether social distancing has made people more eager to transact online, or whether it simply demonstrates the limitations of communicating virtually. The historian William... View Details

Keywords: by Frank V. Cespedes

14 Oct 2008
Research & Ideas

Should You Bring Advertising Expertise In-House?

advertiser operate an in-house agency that produces a specific set of services at a lower cost than the compensation required to retain an outside agency? In addition, there are transaction costs. How do the costs of planning, adapting,... View Details

Keywords: by Sarah Jane Gilbert; Advertising

16 Jul 2024
Research & Ideas

Weighing Digital Tradeoffs in Private Equity

efficiently,” says Srinivasan. “The challenge, however, is in implementing newer technologies in organizations with legacy systems.” More PE firms see the value in digital technologies To explore whether firms were turning to technology, the researchers studied some... View Details

Keywords: by Michael Blanding; Financial Services

24 Jul 2000
Research & Ideas

Something Ventured, Something Gained: A European View of Venture Capital

States. But that was then; this is now. Just in the past few years, said Lerner, "we've seen a lot more syndication transactions across the United States and Europe and more early-stage involvement by firms in England and the... View Details

Keywords: by James E. Aisner; Financial Services

Web

The True Costs of Gig Work | Working Knowledge

self-reported answers, and the possibility that people may get income from sources other than a job, the researchers parsed data from more than 90,000 customers of a large national bank between July 2021 and June 2023. Data included View Details

Web

Investment Strategies - Course Catalog

bearing greater risk. Investing in efficient markets means minimizing transaction costs and choosing maximally diversified portfolios that deliver an optimal tradeoff between risk and return. An inefficient market, by contrast, is one... View Details

08 May 2012
News

Screen Saver

between what he learned at HBS and his day-to-day duties at the JBFC. “I went from negotiating a $6.5 billion transaction to a $4.5 million industrial development bond,” says Apkon, who will publish a book on the power of visual media... View Details

Keywords: Arts, Sports, Language, Driving, and Other Schools; Educational Services; Securities, Commodities, and Other Financial Investments; Finance

14 Feb 2012
First Look

First Look: February 14

disadvantaged platform to switch from subsidizing buyers to subsidizing sellers. Download the paper: http://www.hbs.edu/research/pdf/12-066.pdf The Architecture of Transaction Networks: A Comparative Analysis of Hierarchy in Two Sectors... View Details

Keywords: Carmen Nobel

12 Sep 2007
Op-Ed

Building Sandcastles: The Subprime Adventure

grew leery of extending any credit. Back To Basics Today, in economists' jargon, we are undergoing a "market correction." Investors who, like the subprime borrowers, thought they had a wondrous deal are once again examining the basics behind the View Details

Keywords: by Nicolas P. Retsinas; Banking; Construction; Real Estate

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