Cash - Publications - Faculty & Research

24 Apr 2006
Research & Ideas

Managing Alignment as a Process

the new LOBs to a similar share over the next five years. SMI would harvest cash from its mature businesses to invest in the growth of the new businesses. SMI's executives recognized that this strategy required extraordinary alignment and... View Details

Keywords: by Robert S. Kaplan & David P. Norton; Apparel & Accessories; Fashion; Consumer Products; Retail

06 Jul 2015
Research & Ideas

Money and Quotas Motivate the Sales Force Best

It's well understood that cash bonuses often motivate a sales force to step up its game, but they don't work in every scenario and in some cases can backfire, a new study from Harvard Business School has found. The key variable? Whether... View Details

Keywords: by Roberta Holland; Retail

15 Oct 2014
Research & Ideas

Apple Pay’s Technology Adoption Problem

"Why would a consumer want to make a $100 purchase with Bitcoin when the consumer can pay with a credit card and get 2 percent cash back?" In addition to the limited number of merchants, Apple Pay appears to be limited to users... View Details

Keywords: by Dina Gerdeman; Technology; Retail

11 Nov 2002
Research & Ideas

Women Entrepreneurs Usher in the Next Generation

entrepreneurs as completely formidable. "They're hungry. They're fearless. I remember recently being with a group of girls and thinking, 'Oh my God. I've got to cash out really soon because this is my competition.'" The Playbook... View Details

Keywords: by Martha Lagace

08 Jul 2014
First Look

First Look: July 8

and managed as investment accounts with the goal of accumulating the largest possible pot of savings. Communication with savers is framed entirely in terms of assets and returns. Ask a saver what his 401(k) is worth and you'll hear a cash... View Details

Keywords: Carmen Nobel

April 2011 (Revised June 2011)
Case

Internet Securities, Inc.: Path to Sustainability

By: Lynda M. Applegate, William R. Kerr and Ryan Johnson

Founded in 1994 when the Internet was still a "toy for techies," the case is set in 1998 when Internet IPOs were red-hot. Internet Securities provides hard-to-find financial, business, economic, and political information on emerging markets. Information from over 600... View Details

Keywords: Acquisition; Business Model; Business Startups; Decision Choices and Conditions; Venture Capital; Cash Flow; Initial Public Offering; Analytics and Data Science; Growth and Development Strategy; Valuation

Citation

Educators

Purchase

January 2011
Supplement

Matrix Capital Management (B)

By: Malcolm P. Baker and David Lane

Ben Balbale, a partner at hedge fund Matrix Capital, must decide whether to exit their investment in Rovi Corporation, a company with a diverse portfolio of patents used primarily for digital interactive guides. Rovi's shares are up over 50% from the time Balbale... View Details

Keywords: Public Ownership; Cash Flow; Management Analysis, Tools, and Techniques; Investment Funds; Financial Strategy; Valuation; Partners and Partnerships; Markets; Performance Efficiency; Patents; Stock Shares; Decisions; Financial Services Industry

Citation

Purchase

March 2010
Teaching Note

Rosetree Mortgage Opportunity Fund (TN)

By: Victoria Ivashina and Andre F. Perold

Teaching Note for [209088]. View Details

Keywords: Financial Crisis; Crisis Management; Capital; Mortgages; Mergers and Acquisitions; Valuation; Borrowing and Debt; Cash Flow; Bids and Bidding; Financing and Loans; Restructuring; Financial Markets; United States

Citation

Purchase

June 1996 (Revised July 1997)
Case

Hostile Bid for Red October, The

By: Benjamin C. Esty and Alan Bigman

Manatep Bank, a Russian investment bank, has just announced the country's first hostile tender offer for Red October, a confectionery company located in Moscow. As the chief financial officer of the target company, Yuri Yegorov must decide how to respond, how much his... View Details

Keywords: Capital Markets; Cash; Governance Controls; Financial Condition; Investment Banking; Financial Markets; Trade; Valuation; Financial Management; Food and Beverage Industry; Moscow

Citation

Educators

Purchase

24 Sep 2001
Research & Ideas

How To Be an Angel Investor

the potential existed to sell the company soon for a substantial return to one of its competitors. However, if the market turned in a big way, the potential valuation could come screaming down. The business would not fail, as it was choosing its customers and was... View Details

Keywords: by David Amis & Howard Stevenson

16 May 2016
HBS Case

Food Safety Economics: The Cost of a Sick Customer

is paying attention and is effectively punishing brands that do not deliver 100 percent food safety,” Quelch says. “The consumer is voting at the cash register.” Related Reading The FDA: What Will the Next 100 Years Bring? Decommoditizing... View Details

Keywords: by Dina Gerdeman; Food & Beverage

19 Feb 2013
First Look

First Look: Feb. 19

receiving JCP Cash coupons and circulars advertising the week's specials, were slow to embrace the new pricing format and began leaving the retailer in droves. Under enormous pressure to turn things around as the all-important... View Details

Keywords: Sean Silverthorne

03 Mar 2003
Research & Ideas

The Ingredients of a Deal Disaster

"mountain of treasure." Dresser sought Komatsu's design technology and a cash infusion for plant modernization and capital expenditures. Komatsu hoped to become a successful global player, so it wanted better North American... View Details

Keywords: by Ron S. Fortgang, David A. Lax & James K. Sebenius

24 Sep 2014
Op-Ed

The ABCs of Addressing Climate Change (From a Business Perspective)

road or power grid is a competent counterparty. Make the cash flow tradable. Don't require the early investors to tie up risk capital for the 30-year life of an infrastructure project; get the debt or equity in shape to sell to long term... View Details

Keywords: by John Macomber; Energy; Utilities

21 Dec 2010
First Look

First Look: December 21

performance chemicals. Simultaneously, Dow had signed a joint venture agreement with Petrochemical Industries Company (PIC) of Kuwait, a deal that would generate $7 billion in cash that could be used to finance the all-cash offer to buy... View Details

03 Jul 2012
Research & Ideas

HBS Faculty on Supreme Court Health Care Ruling

are covered by employers or Medicaid. The healthy people in these insurance pools subsidize the costs of the sick. But many employers, weary of uncontrolled and unpredictable health care costs, will likely soon switch to a pension-like defined contribution system,... View Details

Keywords: Re: Multiple Faculty; Health

08 Nov 2011
First Look

First Look: Nov. 8

instead of growing by 11% as forecasted. Also, disruptions in financial and insurance markets created a cash shortfall. In the summer of 2009, Penn was facing the likelihood of default and possible foreclosure under its loan agreements.... View Details

Keywords: Sean Silverthorne

08 Mar 2011
First Look

First Look: March 8

be more complex than they had anticipated with slower growth and less interest from strategic acquirers, and, as a result, Mr. Williams had been running NPB ever since. The unsolicited offer gave the Williams and their partners the potential opportunity to realize a... View Details

Keywords: Sean Silverthorne

19 Jul 2006
Research & Ideas

Political Turmoil and Mexico’s Economy

canal," he says. "But once I started to look at the data, it was difficult to find any spillovers above and beyond the actual cash payments made by the United States to the Panamanian government." The United States And The... View Details

Keywords: by Julia Hanna

Article

On the Political Economy of Temporary Stabilization Programs

By: Laura Alfaro

This paper provides a political economy explanation for temporary exchange-rate-based stabilization programs by focusing on the distributional effects of real exchange-rate appreciation. I propose an economy in which agents are endowed with either tradable or... View Details

Keywords: Government and Politics; Economy; Balance and Stability; Programs; Currency Exchange Rate; Cash; Value; Distribution