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  • All HBS Web  (1,273)
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    • Research  (1,136)
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  • All HBS Web  (1,273)
    • People  (2)
    • News  (58)
    • Research  (1,136)
    • Events  (1)
  • Faculty Publications  (956)
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  • 23 Dec 2008
  • First Look

First Look: December 23, 2008

welfare. Yet, our understanding of this decision is limited. Using an instrumental variables strategy and dataset new to this literature, we provide the first precise, causal estimates of the effects of education on View Details
Keywords: Martha Lagace
  • 12 Mar 2013
  • First Look

First Look: March 12

even after controlling for the focal district-industry's conditions. The core patterns hold when using local industrial conditions in 1994 to instrument for incumbent conditions in 2000-2005. The results highlight that the traits of... View Details
Keywords: Sean Silverthorne
  • 03 Jul 2012
  • First Look

First Look: July 3

N. Licht, and Shalom H. Schwartz Publication:Organization Science (forthcoming) Abstract This study addresses an apparent impasse in the research on organizations' responses to cultural distance. Using historically motivated instrumental... View Details
Keywords: Sean Silverthorne
  • 01 Oct 2000
  • News

Faculty Retirements

Strategy, among other works, and his latest book, Theory of the Firm: Governance, Residual Claims, and Organizational Forms, will be published this year by Harvard University Press. He is the founding editor of the Journal of Financial... View Details
  • 01 Dec 1998
  • News

Africa's Way

In recent years, trends toward economic growth, decreased financial regulation, and broad political change have led to more democratic societies, creating conditions for what some have called an African renaissance. READ MORE Mandela in... View Details
Keywords: Susan Young and Garry Emmons
  • 01 Sep 2015
  • First Look

First Look -- September 1, 2015

funding, lobbying, committee participation, and other instruments to influence local, national, and international political environments. Also firms that are heavily influenced by politics are more likely to craft Integrated Political... View Details
Keywords: Sean Silverthorne
  • 17 Sep 2024
  • Blog Post

The International Experience at HBS: Zoe Sun (MBA 2024)

education and the broad alumni base equipped me with the confidence and knowledge base to start my own venture, VitaRi Energy, to extend green energy access in West Africa. The HBS GoAfrica Fellowship and the Rock Center for Entrepreneurship are also View Details
  • February 2025
  • Case

Ingersoll Rand: Broadening Employee Ownership

By: Ethan Rouen and Jenyfeer Martinez Buitrago
Set in 2024, this case examines how Ingersoll Rand—a global leader in air, liquid, and gas handling technologies—approached broadening employee ownership. The company granted restricted stock units (RSUs) to all employees on their one-year anniversary, reinforcing a... View Details
Keywords: Stock Shares; Employee Stock Ownership Plan; Retention; Employee Ownership; Mergers and Acquisitions; Organizational Culture; Expansion; Africa; Asia; Europe; Latin America; Middle East; North and Central America
Citation
Educators
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Rouen, Ethan, and Jenyfeer Martinez Buitrago. "Ingersoll Rand: Broadening Employee Ownership." Harvard Business School Case 125-076, February 2025.
  • 01 Apr 2000
  • News

Real World Issues Aired at Student Led Conferences

entrants competing for a total of $17,500 in awards. The winning team, led by Lawrence Brewster (MBA '81), submitted a plan for an e-business in the health-care industry. Lisa Skeete Tatum (MBA '98) and Daphne Dufresne (MBA '99) were View Details
Keywords: Mary Ellen Gardner
  • 2012
  • Working Paper

Issuer Quality and Corporate Bond Returns

By: Robin Greenwood and Samuel G. Hanson
We show that the credit quality of corporate debt issuers deteriorates during credit booms, and that this deterioration forecasts low excess returns to corporate bondholders. The key insight is that changes in the pricing of credit risk disproportionately affect the... View Details
Keywords: Price; Credit; Risk and Uncertainty; Investment Return; Forecasting and Prediction; Bonds; Market Design; Cost of Capital; Mathematical Methods; System Shocks
Citation
Read Now
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Greenwood, Robin, and Samuel G. Hanson. "Issuer Quality and Corporate Bond Returns." Harvard Business School Working Paper, No. 11-065, January 2011. (Revised September 2012, Internet Appendix Here.)
  • November 2007 (Revised June 2011)
  • Case

ISS A/S (A)

By: Clayton S. Rose
Provides the opportunity to examine the nature and extent of a company's responsibilities to its bondholders, and to develop an enhanced understanding of the challenges in managing contractual obligations, and circumstances under which business leaders might agree to... View Details
Keywords: Risk and Uncertainty; Bonds; Contracts; Private Equity; Leveraged Buyouts; Privatization; Business and Stakeholder Relations; Borrowing and Debt; Cross-Cultural and Cross-Border Issues; Europe
Citation
Educators
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Rose, Clayton S. "ISS A/S (A)." Harvard Business School Case 308-054, November 2007. (Revised June 2011.)
  • 06 Nov 2000
  • Research & Ideas

The Determinants of Corporate Venture Capital Success

companies. The partners were allowed to spend up to $2 million at any one time without getting permission from the corporation. For larger expenditures, they were required to obtain permission from XTV's governing board, which consisted of Xerox's chief executive... View Details
Keywords: by Paul Gompers & Josh Lerner
  • 26 Jul 2006
  • Research & Ideas

The Strategic Way to Go to Market

financial goals while simultaneously evolving channels to be in tune with the changing market environment. That's why the role is best performed by that individual or team of individuals who have the responsibility for long-term policy as... View Details
Keywords: by Sean Silverthorne
  • 16 May 2017
  • First Look

First Look at New Ideas and Research, May 16

the adoption of assurance or specific guidelines, firms seek the qualitative properties of comparability and credibility. Instrumental variables analysis suggests that increases in sustainability disclosure driven by the regulation are... View Details
Keywords: Re: Multiple Faculty
  • 08 Nov 2011
  • First Look

First Look: Nov. 8

Abstract In many service industries, companies compete with each other on the basis of the waiting time their customers experience, along with other strategic instruments such as the price they charge for their service. The objective of... View Details
Keywords: Sean Silverthorne
  • 25 Apr 2005
  • Research & Ideas

New Learning at American Home Products

This entry into medical instruments was similar to the strategy of Squibb, but took place on a much more modest scale than that of SmithKline or Warner-Lambert. The disposal of the confectionery and household goods followed. In 1984... View Details
Keywords: by Alfred D. Chandler Jr.; Chemical; Health; Manufacturing; Pharmaceutical
  • 29 May 2018
  • First Look

New Research and Ideas, May 29, 2018

non-CEO executives in banks with materialistic CEOs insider trade more aggressively around government intervention during the financial crisis. Finally, we find that banks with materialistic CEOs have significantly more downside tail risk... View Details
Keywords: Dina Gerdeman
  • 22 May 2012
  • First Look

First Look: May 22

constraints. Moreover, we provide evidence that both of the hypothesized mechanisms, better stakeholder engagement and transparency around CSR performance, are important in reducing capital constraints. The results are further confirmed using an View Details
Keywords: Sean Silverthorne
  • May 2010
  • Supplement

Tremblant Capital Group Exhibits (CW)

By: Robin Greenwood
Brett Barakett, CEO and founder of Tremblant Capital Group, a New York-based hedge fund, must decide what to do with his fund's position in Green Mountain Coffee Roasters, which has dropped in value by more than 40 percent in recent months. Tremblant is a hedge fund... View Details
Keywords: Transformation; Decisions; Forecasting and Prediction; Cash Flow; Cost of Capital; Stocks; Investment Funds; Consumer Behavior; Business Strategy; Competitive Advantage; New York (state, US)
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Greenwood, Robin. "Tremblant Capital Group Exhibits (CW)." Harvard Business School Spreadsheet Supplement 210-710, May 2010.
  • 17 May 2004
  • Research & Ideas

Why We Don’t Study Corporate Responsibility

First, it may be more helpful to think about the purposes of the corporation, or at least to ask the question that way—in the plural—even if ultimately one purpose must be deemed preeminent. Second, corporations are instruments designed... View Details
Keywords: by Manda Salls
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