Filter Results:
(154)
Show Results For
- All HBS Web (208)
- Faculty Publications (61)
Show Results For
- All HBS Web (208)
- Faculty Publications (61)
Sort by
- 28 May 2020
- Research & Ideas
Coronavirus Could Create a 'Bankruptcy Pandemic'
for a large publicly traded company (although much faster prepackaged or prenegotiated bankruptcies are sometimes possible) —creditors are temporarily held at bay, and are not able to exercise remedies normally available to them when there is a default, such as calling... View Details
- 09 Dec 2002
- Research & Ideas
Most Accountants Aren’t Crooks—Why Good Audits Go Bad
fundamental changes to the way accounting firms and their clients operate. If we are really going to restore trust in the U.S. system of auditing, we will need to go well beyond the provisions of the Sarbanes-Oxley Act. We will need to... View Details
- 06 Oct 2003
- Research & Ideas
The Problem with Hedge Funds
rent the clearing and settling capabilities, the stock loan inventories and balance sheets of the banks. The hedge funds claim to be able to provide substantial returns regardless of the direction of the market. Like mutual funds and... View Details
Keywords: by D. Quinn Mills
- 20 Oct 2003
- Research & Ideas
Gaps in the Historical Record: Development of the Electronics Industry
achievement. In the 1960s, however, it began to self-destruct by diversifying, first in attempting to compete with IBM in the production of mainframes and then by becoming a conglomerate, purchasing, among others, Hertz Rent A Car, frozen-food companies, savings and... View Details
- 21 Jul 2014
- Research & Ideas
Is a Gap in Small-Business Credit Holding Back the American Economy?
conditions. Both large and small businesses felt the sting of job losses during the crisis, but small firms were hit harder, took longer to recover, and may still be reeling from the economic fallout. This is consistent with economic... View Details
- 22 Dec 2016
- Op-Ed
The Small Business Administration is a Model for How to Drive Economic Growth
agency—that expands access to credit to small businesses across America with an overall loss rate under 5 percent—should be viewed as a huge asset, as it most certainly was when I joined the agency in 2009 at the height of the credit... View Details
Keywords: by Karen Mills
- 20 Sep 2011
- First Look
First Look: September 20
associated with risky lending in the corporate loan market by examining the performance of individual loans held by CLOs. We employ two different datasets that identify loan... View Details
Keywords: Sean Silverthorne
- 18 Nov 2008
- First Look
First Look: November 18, 2008
publicly traded firms in the United States under scrutiny. This case examines perceived excessive pay and severance packages at several firms implicated in the credit crisis of 2008, the executive compensation provisions in the Emergency... View Details
Keywords: Martha Lagace
- 21 Sep 2010
- First Look
First Look: September 21, 2010
providing an overview of developments in Irish political economy from the seventeenth to the twentieth century. Logistically this is achieved through the provision of individual contributions from a group of recognized experts, both Irish... View Details
Keywords: Sean Silverthorne
- 05 Aug 2024
- Research & Ideas
Watching for the Next Economic Downturn? Follow Corporate Debt
explains. “It's only in the US in 2007 and 2008 that we observed the highest fraction of the non-performing loans coming from households. And even then, you can see that the losses coming from the companies... View Details
Keywords: by Rachel Layne
- 06 Feb 2018
- First Look
First Look at New Research and Ideas: February 6, 2018
investors in marketplace lending improves screening outcomes but also creates adverse selection. In maximizing loan volume, the platform trades of these two forces by choosing intermediate levels of platform pre-screening and information... View Details
- 12 Sep 2007
- Op-Ed
Building Sandcastles: The Subprime Adventure
the subprime lenders—willing to take the risk on riskier borrowers, for a price. Thus far the tale testifies to America's entrepreneurial spirit. New mortgage banks specializing in subprime loans sprang up. Their panoply of products... View Details
- 23 Apr 2008
- Op-Ed
The Gap in the U.S. Treasury Recommendations
not just what are known now as commercial banks. Like the current bank regulators, however, the new prudential regulator would protect its own territory, trying to make sure disaster does not strike on its watch. During the U.S. recession of the early 1990s, large... View Details
- 07 Aug 2019
- Research & Ideas
Big Infrastructure May Not Always Produce Big Benefits
important role of the infrastructure provision in any economy and how it shapes economic activity. Infrastructure includes everything from roads and airports to trains and broadband communication. We want to understand the impact for how... View Details
- 19 Jun 2012
- First Look
First Look: June 19
Lazzarini Abstract In this paper we document the extent and reach of state capitalism around the world and explore its economic implications. We focus on governmental provision of capital to corporations-either equity or debt-as a... View Details
Keywords: Sean Silverthorne
- 01 Oct 2013
- First Look
First Look: October 1
Credit Supply: Firm Level Evidence By: Ivashina, Victoria, and Bo Becker Abstract—Theory predicts that there is a close link between bank credit supply and the evolution of the business cycle. Yet fluctuations in bank-loan supply have been hard to quantify in the time... View Details
Keywords: Sean Silverthorne
- 20 Feb 2018
- First Look
First Look at New Research and Ideas, February 20, 2018
bonds generates a crowding out of corporate lending. For a given domestic firm, new debt is less likely to be a loan—i.e., the loan supply contracts—when local banks have purchased more domestic sovereign debt and when that debt is risky... View Details
Keywords: Sean Silverthorne
- 15 Jun 2010
- First Look
First Look: June 15
hiring and socialization policies. Institutional Demand Pressure and the Cost of Corporate Loans Authors:Victoria Ivashina and Zheng Sun Publication:Journal of Financial Economics (forthcoming) Abstract Between 2001 and 2007, annual... View Details
Keywords: Martha Lagace
- 23 Apr 2013
- First Look
First Look: April 23
financial crisis of 2008 laid bare the hidden network of relationships in corporate governance: who owes what to whom, who will stand by whom in times of crisis, what governs the provision of credit when no one seems to have credit. This... View Details
Keywords: Sean Silverthorne
- 03 Dec 2008
- What Do You Think?
Can Housing and Credit be “Nudged” Back to Health?
provisions that made them difficult to compare, even for economic man, let alone for average consumers who may also have had too little self-control in their desire for a home and a mortgage. The resulting mortgages were then packaged in... View Details
Keywords: by Jim Heskett