Publications

26 Feb 2020
News

Think Twice Before You Invest in a Private-Equity Fund

November 2016 (Revised November 2016)
Supplement

The Galaxy Dividend Income Growth Fund's Option Investment Strategies

By: W. Carl Kester

Keywords: Options; Option Contract; Option Pricing; Derivatives; Mutual Funds; Call Options; Put Options; Stock Options; Risk and Uncertainty; Volatility; Financial Services Industry; United States

October 2015 (Revised July 2017)
Case

OMV Petrom: Investment as Partnership—When It Takes Three to Tango

By: Dante Roscini, Emer Maloney and Daniela Beyersdorfer

Petrom was privatized by the Romanian state in 2004 and acquired by Austrian oil company OMV, with the state retaining a 20.6% stake in the company. The situation was particularly challenging for the foreign investor since the sector in which the company operated was... View Details

Keywords: Partners and Partnerships; Privatization; Acquisition; Foreign Direct Investment; Cross-Cultural and Cross-Border Issues; Business and Government Relations; Energy Industry; Austria; Romania

Fast Answer

Managing & Investing in a Fast-Growing Emerging Market: India

Library and related resources for Managing & Investing in a Fast-Growing Emerging Market: India View Details

14 Apr 2020
Working Paper Summaries

Contractual Restrictions and Debt Traps

Keywords: by Ernest Liu and Benjamin N. Roth; Financial Services

Article

Investment in United States Government Securities by State Governments

By: Joseph L. Bower

Keywords: Investment; Financial Instruments; Government and Politics

Find at Harvard

June 2014 (Revised July 2014)
Background Note

An Overview of Project Finance and Infrastructure Finance—2014 Update

By: Benjamin C. Esty, Carla Chavich and Aldo Sesia

Provides an introduction to the fields of project finance and infrastructure finance, and gives a statistical overview of project-financed investments over the years from 2009 to 2013. Examples of project-financed investments include the Kashagan oil field development... View Details

Keywords: Globalization; Capital Expenditures; International Finance; Data; Financial History; Economic Development; Corporate Governance; Contracts; Industry Analysis; Banking; Capital Investments; Municipal Finance; Project Finance; Infrastructure; Investment; Projects; Trends

Article

Integrated Reporting and Investor Clientele

By: George Serafeim

In this paper, I examine the relation between Integrated Reporting (IR) and the composition of a firm's investor base. I hypothesize and find that firms that practice IR have a more long-term oriented investor base with more dedicated and fewer transient investors.... View Details

Keywords: Integrated Reporting; Sustainability Reporting; Long-term Investing; Short-termism; Accounting; Integrated Corporate Reporting; Environmental Sustainability; Investment; Corporate Governance

SSRN

Find at Harvard

24 Sep 2021
News

Rising Impact Investment Shows Doing Good and Doing Well Can Work Together: Vikram Gandhi, Harvard Business School

2022
Article

How to Choose a Default

By: John Beshears, Richard T. Mason and Shlomo Benartzi

We have developed a model for setting a default when a population is choosing among ordered choices—that is, ones listed in ascending or descending order. A company, for instance, might want to set a default contribution rate that will increase employees’ average... View Details

Keywords: Nudge; Choice Architecture; Behavioral Economics; Behavioral Science; Default; Savings; Decision Choices and Conditions; Behavior; Motivation and Incentives

Read Now

February 2013 (Revised November 2016)
Case

Assured Guaranty

By: Robin Greenwood, Adi Sunderam and Jared Dourdeville

Nate Katz at Yokun Ridge Capital Management is evaluating an investment in Assured Guaranty, a municipal bond insurance company that is trading at a discount to book value. View Details

Keywords: Value Investing; Investments; Valuation; Insurance; Behavioral Finance; Financial Services Industry

January 2025
Supplement

Balancing Impact: Modeling the Future at British International Investment

By: Shawn Cole and Jonah Zahnd

Supplement to 225-047, “Balancing Impact: Modeling the Future at British International Investment.” View Details

January 2025
Supplement

Balancing Impact: Modeling the Future at British International Investment

By: Shawn Cole and Jonah Zahnd

Supplement to HBS Case No. 225-047, “Balancing Impact: Modeling the Future at British International Investment.” View Details

Article

Managing the Unknowable: The Effectiveness of Early-stage Investor Gut Feel in Entrepreneurial Investment Decisions

By: Laura Huang and Jone L. Pearce

Using an inductive theory-development study, a field experiment, and a longitudinal field test, we examine early-stage entrepreneurial investment decision making under conditions of extreme uncertainty. Building on existing literature on decision making and risk in... View Details

Keywords: Entrepreneurship; Venture Capital; Risk and Uncertainty; Decision Making; Emotions; Performance Effectiveness

Find at Harvard

July 2017
Teaching Note

Eve Hall: The African American Investment Fund in Milwaukee

By: Steven Rogers and Alterrell Mills

04 Dec 2013
Research & Ideas

The Fantastic Horizon: How to Invest in a New City

and Syria; to the south is the booming Saudi Arabian metropolis of Jeddah. In front of me is a vast expanse of sand and hope, fueled by a huge investment towards a brand new... View Details

Keywords: by John Macomber; Construction; Real Estate

August 2015 (Revised February 2019)
Case

Clare College: Seeking Investment Opportunity in a Financial Crisis

By: David Chambers, Elroy Dimson and Luis M. Viceira

January 2005
Exercise

Hamilton Real Estate: Confidential Role Information for the Executive VP of Pearl Investments (SELLER)

By: Deepak Malhotra

Presents a two-party negotiation between the executive VP of Pearl Investments and the CEO of Estate One for the sale of real estate in the town of Hamilton. View Details

Keywords: Ethics; Price; Information; Contracts; Managerial Roles; Agreements and Arrangements; Strategy; Value; Real Estate Industry