Filter Results:
(106)
Show Results For
- All HBS Web (106)
- Faculty Publications (35)
Show Results For
- All HBS Web (106)
- Faculty Publications (35)
- 21 Oct 2014
- First Look
First Look: October 21
had an impact on entrepreneurship, using individual-level micro data from Denmark. The reform allows us to disentangle the role of credit access from wealth effects that typically confound analyses of the collateral channel. We find that... View Details
Keywords: Sean Silverthorne
- 31 Aug 2009
- Research & Ideas
Why Competition May Not Improve Credit Rating Agencies
In the run-up to the global financial crisis, credit rating agencies gave high marks to such risky financial vehicles as collateralized debt obligations, which few people understood. It has been argued that these ratings misled investors... View Details
- 01 Nov 2024
- In Practice
Layoffs Surging in a Strong Economy? Advice for Navigating Uncertain Times
staying. 2. Tell us the plan. Layoffs are a blunt instrument with real collateral damage. So what else is the company doing to position itself to win? For example, what investments are being made, either in time, focus, or capital? And... View Details
- 09 Apr 2014
- Research & Ideas
A Playbook for Small-Business Job Creation
real estate) used for collateral of would-be small business borrowers," Mills says. "The bankers say they can't find creditworthy borrowers and the borrowers talk about having to go to bank after bank before they find one that... View Details
- 28 Aug 2014
- Op-Ed
Government Can Do More to Unfreeze Small Business Credit
was funded with $1.5 billion from SBJA to support state and local programs that provide lending to small businesses and small manufacturers. To date the SSBCI has funded more than 150 programs, including collateral support programs,... View Details
- 20 Jan 2009
- Research & Ideas
Risky Business with Structured Finance
In the wake of the financial crisis, many once-esoteric investment terms have become a familiar part of our vocabulary. The role of structured finance securities such as collateralized debt obligations (CDOs), for example, and the part... View Details
- 04 Apr 2007
- Research & Ideas
The Business of Global Poverty
Bank he founded in Bangladesh more than two decades ago. With interest rates ranging from zero to 20 percent, Grameen's average loan (no collateral required) is $200. Its repayment rate is about 98 percent. Some 7 million poor people,... View Details
Keywords: by Garry Emmons
- 01 Dec 2004
- News
Retirement's Changing Face
caused by hidden munitions on board, may have been the reason why the passenger ship sank in a deadly eighteen minutes, causing 1,198 deaths. As odd as it may sound, he also happens to hold title to the wreck, having purchased it for $1 after it was used as View Details
Keywords: Personal Services
- 21 Apr 2015
- First Look
First Look: April 21
Banking on Cheese Credem, an Italian regional bank, grants loans to Parmigiano Reggiano producers and holds the cheese as collateral in its own warehouse during the maturation process, essentially replacing part of the operations for the... View Details
Keywords: Carmen Nobel & Sean Silverthorne
- 01 Mar 2009
- News
Buddy, Can You Spare a Trillion
right across the Western financial system. Not many people understood that defaults on subprime mortgages would destroy the value of exotic new asset-backed instruments like collateralized debt obligations. Not many people saw that, as... View Details
- 24 Dec 2013
- First Look
First Look: December 24
incentives of collateralized loan obligations (CLOs). Purchase this case: http://hbr.org/product/note-on-the-leveraged-loan-market/an/214047-PDF-ENG Harvard Business School Case 214-035 Oaktree and the Restructuring of CIT Group (A) CIT's... View Details
Keywords: Carmen Nobel
- 22 Jul 2014
- First Look
First Look: July 22
collateral and liquidate it at the first sign of trouble. Thus traditional banks have a stable source of funding, while shadow banks are subject to runs and fire-sale losses. These different funding models in turn influence the kinds of... View Details
Keywords: Sean Silverthorne
- 01 Mar 2007
- News
The Plight of the Global Poor
Indeed, the 2006 Nobel Peace Prize was awarded to Muhammad Yunus and the microcredit Grameen Bank he founded in Bangladesh more than two decades ago. With interest rates ranging from zero to 20 percent, Grameen’s average loan (no View Details
- 28 Sep 2010
- First Look
First Look: September 28, 2010
paper: http://www.hbs.edu/research/pdf/11-029.pdf Crashes, Collateral, and the Financing of Securities Authors:Jakub W. Jurek and Erik Stafford Abstract This paper develops a parsimonious static model for characterizing financing terms in View Details
Keywords: Sean Silverthorne
- 06 Apr 2010
- First Look
First Look: April 6
controlling family, when the borrower has a higher degree of informational opacity, a lower credit rating, and a lower potential for being propped up, when the loan facility is subject to more credit risk, and during financial crises. The presence of View Details
Keywords: Martha Lagace
- 15 Aug 2017
- First Look
First Look at New Research and Ideas, August 15, 2017
"reasonableness" review. Second, Delaware courts should apply basic game theory to identify the deterrent effect of match rights and new economy asset lockups. And third, Delaware courts should take a functional approach to deal protection, meaning that View Details
Keywords: Sean Silverthorne
- 17 Apr 2012
- First Look
First Look: April 17
intuition for the basic economic forces in this decentralized market through a series of examples that sequentially build on each other layering on the particular fees and collateral requirements commonly levied in short-selling... View Details
Keywords: Carmen Nobel
- 09 Mar 2010
- First Look
First Look: March 9
for sovereign debts are minimal since little can be used as collateral and the ability of a court to force a sovereign entity to comply has been extremely limited, especially given the lack of a supranational legal authority capable of... View Details
Keywords: Martha Lagace
- 03 Mar 2009
- First Look
First Look: March 3, 2009
against these collateral pools. As a result of the prioritization scheme used in structuring claims, many of the manufactured tranches are far safer than the average asset in the underlying pool. This ability of structured finance to... View Details
Keywords: Martha Lagace
- 01 Dec 2006
- News
Inside Intel
and the collateral sales that business generated was at stake. Now the message did indeed get through to the West Coast, and “the executive staff meeting the following Tuesday couldn’t have been more unpleasant.” Davidow “either... View Details