stock market - Publications - Faculty & Research

28 Oct 2014
First Look

First Look: October 28

October 2014 Review of Financial Studies Corporate Investment and Stock Market Listing: A Puzzle? By: Asker, John, Joan Farre-Mensa, and Alexander Ljungqvist Abstract—We investigate whether short-termism... View Details

Keywords: Carmen Nobel

13 May 2014
Op-Ed

The Alibaba Effect

Thus, founder Jack Ma and his management team, who own a little over 9 percent of the company, can still retain control of its destiny. (Meanwhile, although Hong Kong stock market authorities are officially... View Details

Keywords: by Bill Kirby & Warren McFarlan; Retail

20 Aug 2012
Research & Ideas

The Acquirers

corresponded with the stock market peaks such as in the late 1990s and 2006-2007, with dips during recessions in the early 1990s and 2001. What influenced M&A in different time periods during spikes and... View Details

Keywords: by Kim Girard; Financial Services

01 Jun 2000
News

Priceline's Jay Walker: The Future is Wow

online stock trading and online auctions are the few places in e-commerce that approximate "wow" today. Noting that 30 percent of all securities trading is done by individual investors online, Walker said that the Web has turned the... View Details

February 2006 (Revised August 2006)
Case

Auctioning Morningstar

By: Malcolm P. Baker and James Quinn

Morningstar, a publisher of data and ratings for mutual fund investors, is considering an auction-based approach to the company's upcoming IPO, with management weighing the risks and benefits of the auction approach vs. a traditional underwritten offering. View Details

Keywords: Financial Strategy; Initial Public Offering; Stock Shares; Cost vs Benefits; Strategy; Auctions; Business or Company Management; Conflict of Interests; Publishing Industry

Citation

Educators

Purchase

01 Dec 2007
News

A View from the Top

company in 1979, Mixon had only $10,000 of the $7.8 million asking price. But he managed to raise the rest and led the company to annual revenues of $1.5 billion (those early investors have seen Invacare’s stock grow from 2¢ to $25 a... View Details

Keywords: Business Schools & Computer & Management Training; Educational Services; Management

Web

Speculation and Credit - Coin and Conscience – Baker Library | Bloomberg Center, Historical Collections

speculation in the stock market and lottery is a recurring theme in the following prints. "Before and after" depictions of shareholders were a particular favorite—admonishing the viewer that fortunes made... View Details

02 Oct 2008
What Do You Think?

Workout vs. Bailout: Should Government Take Advantage of the Buffett Effect?

mundane topics that were candidates for this month's column. Clearly, an inability to identify and evaluate risk has led to an inability to value assets. What follows is the failure of "fair value accounting" and markets themselves.... View Details

Keywords: by Jim Heskett

01 May 2006
Research & Ideas

What Companies Lose from Forced Disclosure

additional career risk from the disclosure. Disclosures inform the labor market about ability, but management may be able to do relatively little to change the outcome of those disclosures. For example, a disclosure about View Details

Keywords: by Ann Cullen; Financial Services

26 Nov 2013
First Look

First Look: November 26

find that GPs are associated with higher expected acquisition premiums and that this association is at least partly due to the effect of GPs on executive incentives. However, we also find that firms that adopt GPs experience negative abnormal View Details

Keywords: Sean Silverthorne

28 Nov 2012
What Do You Think?

Should Pay-for-Performance Compensation be Replaced?

agrees, of course. Comparing the simplicity of (especially short-term) responses to the complexity of the pay-for-performance challenge, Ravindra Edirisoorlya went so far as to say that "Current P4P model(s) may lead to another economic bubble and another strong... View Details

Keywords: by James Heskett

27 May 2009
First Look

First Look: May 27, 2009

to demonstrate the performance implications. Market Reaction to the Adoption of IFRS in Europe Authors:Edward J. Riedl, Christopher S. Armstrong, Alan D. Jagolinzer, and Mary E. Barth Publication:The Accounting Review (forthcoming)... View Details

Keywords: Martha Lagace

21 Apr 2003
Research & Ideas

Are Crummy Products Your Next Growth Opportunity?

explored how great companies often lose their ability to innovate and eventually fail at the hands of much smaller, "disruptive" competitors. "Basically any stock you wish you have owned started out as a disruptive... View Details

Keywords: by Sean Silverthorne

16 Sep 2014
First Look

First Look: September 16

seven large institutions. These direct investments perform better than public market indices, especially buyout investments and those made in the 1990s. Outperformance by the direct investments, however, relative to the corresponding... View Details

Keywords: Sean Silverthorne

27 May 2008
Sharpening Your Skills

Sharpening Your Skills: Thinking About Global

balkanized bureaucracy, and deteriorating market share, financial performance, and stock price. There are five characteristics that all top global brands have in common. How Should I Think About Strategy In... View Details

17 Sep 2001
Research & Ideas

Is There Help for the Big Ticket Buyer?

As a professor of decision making and negotiation, I often receive unsolicited phone calls from relatives, friends, and acquaintances seeking my advice on consumer matters such as negotiating for a house, bidding on eBay, and investing in the View Details

Keywords: by Max H. Bazerman

02 Oct 2007
First Look

First Look: October 2, 2007

and rewarding more participatory, more sincere, and less directive marketing styles. Download the paper: http://www.hbs.edu/research/pdf/08-017.pdf The Impact of Shareholder Activism on Financial Reporting and Compensation: The Case of... View Details

Keywords: Martha Lagace

30 Sep 2013
Research & Ideas

Do Mergers Hurt Product Quality?

There's a lot of worry afoot whenever companies merge. Wall Street worries about the stock price. Employees worry about potential job cuts. And consumers worry about the fate of their favorite products: Whither the price and the quality?... View Details

Keywords: by Carmen Nobel; Consumer Products

06 May 2015
What Do You Think?

Are You Ready for Personalized Predictive Analytics?

tomorrow's version of this technique will be based on the analysis of massive files of individual profiles, from which predictions will be built that establish stock levels needed to support 30-minute deliveries. Personalized logistics... View Details

Keywords: by James Heskett