Publications

April 2000 (Revised July 2000)
Case

Ameritrade Holding Corporation

By: Lisa K. Meulbroek

Some of the senior managers at Ameritrade, an Internet brokerage firm, are selling their holdings in the firm. Why are the managers selling, how will it affect shareholders, and what should the CEO do about it? The CEO is concerned that the market will interpret... View Details

Keywords: Valuation; Internet and the Web; Stock Options; Risk Management; Financial Services Industry

July 1993 (Revised November 1993)
Case

European Bank for Reconstruction and Development: Marketing Strategy for the Debut Bond Offering

By: Jeffrey F. Rayport

The European Bank for Reconstruction and Development, the first supranational financial institution of the post-Cold War era, is planning its debut in the international capital markets through a bond issuance of $500 million. The bank must determine its marketing... View Details

Keywords: Bonds; Marketing Strategy; Capital Markets; Banks and Banking; Banking Industry; Europe

Web

Director’s Foreword | Baker Library

evident throughout, and I am profoundly grateful for her unwavering dedication and enthusiasm. I also wish to extend my sincere thanks to the members of the Special Collections and Archives exhibition team, particularly Melissa Murphy, whose attention to detail and... View Details

Web

Israel - Global Activities 2021

program director of the School’s Agribusiness Seminar, to author the case. “We are in the middle of a desert without a lot of rainfall.” Reinhardt, who notes that Golan’s on-the-ground presence in Israel was instrumental in writing the... View Details

Web

Israel - Global Activities 2020

regulatory changes. Margolis found the School’s research office in Israel and center in California to be instrumental in all aspects of the case. “This project epitomizes the wonder of Harvard Business School,” he says, noting that the... View Details

16 Nov 2015
News

Connecting with Indigenous Traditions

“Indigenous peoples’ relationship with fire was instrumental in their life,” Sprinkles explains. “It meant protection, a way to cook their food, and formed the orientation for their social organization. “People who attend the fires come... View Details

Keywords: Jill Radsken; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services

15 Jan 2025
Blog Post

Building Bridges to Sustainable Infrastructure with Allied Climate Partners

creating social impact, was instrumental in making this internship a reality by helping to sponsor my time with the firm. Advice for Aspiring Climate Investors My advice for anyone interested in this space is to start networking early... View Details

27 Sep 2011
First Look

First Look: September 27

the salience of information is a central determinant of a firm's demand function, even for purchases as large as college attendance. Download the paper: http://www.hbs.edu/research/pdf/12-014.pdf Measuring Teamwork in Health Care Settings: A Review of Survey View Details

Keywords: Sean Silverthorne

April 1998
Case

Citibank Hong Kong--Capital Arbitrage in the Emerging Markets

Describes how a credit derivative may be used to structure a profitable transaction between a bank and its client. Design and risk management issues are discussed in the context of this new class of derivative security. View Details

Keywords: Credit Derivatives and Swaps; Investment Banking; Financial Services Industry; Hong Kong

September 23, 2008
Editorial

Beyond a Bailout, Wall Street Needs New Rules

By: A. Zelleke

Keywords: Stocks; Financial Institutions; Governing Rules, Regulations, and Reforms

24 May 2011
First Look

First Look: May 24

http://www.hbs.edu/research/pdf/11-031.pdf Measuring Teamwork in Health Care Settings: A Review of Survey Instruments Authors:Melissa A. Valentine, Ingrid M. Nembhard, and Amy C. Edmondson Abstract Objective. To identify, review, and... View Details

Keywords: Sean Silverthorne

27 Sep 2017
Research & Ideas

What Happens When Ordinary People Get Creative?

innovation, and just by ordinary people in their everyday work lives or their everyday lives in their communities and societies.” Amabile’s paper cites research showing that innovative users are responsible for some 76 percent of scientific View Details

Keywords: by Carmen Nobel

January 2004 (Revised June 2004)
Case

Innovation at the Treasury: Treasury Inflation-Protection Securities (A)

By: Kenneth A. Froot, Peter A. Hecht and Christopher Edward James Payton

In 1997, the U.S. Treasury was deciding whether to proceed with a proposal to issue inflation-indexed bonds. This case explores the challenges facing innovation in the financial markets as the Treasury tries to determine whether to introduce Treasury... View Details

Keywords: Inflation; Innovation; Federal Government; Securities; Debt Securities; Risk Management; Bonds; Investment Portfolio; Capital Markets; Inflation and Deflation; Government and Politics; Innovation and Invention; United States

June 2017
Article

Options Compensation as a Commitment Mechanism in Oligopoly Competition

By: Jun Ishii and David Hao Zhang

We analyze how CEO stock options compensation can be used as a commitment device in oligopolistic competition. We develop a two-stage model where shareholders choose managerial compensation to commit their managers to being aggressive in equilibrium. Our results may... View Details

Keywords: CEO Compensation; Ceo Risk-taking; Strategic Delegation; Stock Options; Executive Compensation

December 2013
Case

Grupo Beta San Miguel

By: David E. Bell and Natalie Kindred

In November 2013, Dr. Jose Pinto, head of Grupo Beta San Miguel (BSM), Mexico's largest private sugar producer, is weighing the future prospects of the Mexican sugar industry as he considers whether BSM should bid on one of the state-owned sugar mills slated for... View Details

Keywords: Mexico; Jose Pinto; Beta San Miguel; Polycrom; Sugar; World Sugar Trade; NAFTA; Strategy; Trade; Futures and Commodity Futures; Agribusiness; Price; Agriculture and Agribusiness Industry; Food and Beverage Industry; Mexico; United States; North America

Article

Perceptions and the Politics of Finance: Junk Bonds and the Regulatory Seizure of First Capital Life

By: S. C. Gilson, H. DeAngelo and L. DeAngelo

In May 1991, one month after seizing Executive Life, California regulators seized First Capital Life (FCLIC). Both insurers were Drexel clients with large junk bond holdings, and both had experienced 'bank runs.' FCLIC's run followed regulators' televised comments that... View Details

Keywords: Finance; Bonds; Governing Rules, Regulations, and Reforms

Read Now

October 2005 (Revised February 2006)
Case

ICEX: Making a Market in Iceland

Examines the impact of increased performance on the international visibility and positioning of the Icelandic Stock Exchange. Allows consideration of various options for stock exchange growth that are created by Iceland's strong economic performance in recent years.... View Details

Keywords: International Finance; Stocks; Financial Markets; Globalization; Economy; Iceland

January 1978
Article

Pooling vs. Purchase: The Effects of Accounting for Mergers on Stock Prices

By: Robert S. Kaplan, Hai Hong and Gershon Mandelker

Keywords: Accounting; Mergers and Acquisitions; Stocks; Price

October 2023 (Revised March 2024)
Case

GameStop: Social Media Finds a Cheat Code (A)

By: Joseph Pacelli and Sarah Mehta

This case covers the events leading up to the 2021 GameStop short squeeze. Using GameStop as an illustrative example, the case explores the rise in retail trading, increased financial information sharing on social media, and the gamification of investing enabled by... View Details

Keywords: Value; Stocks; Financial Markets; Social Media; Investment; Applications and Software; Financial Services Industry; United States