Publications

07 Jul 2009
Research Event

Business Summit: Historical Roots of Globalization

of convergence can be hard for people and countries to support, though, and over time can mount into an anti-globalization backlash. Globalization today faces a legitimacy crisis that has been unfolding for the past decade, a product... View Details

Keywords: Re: Multiple Faculty

25 Mar 2008
News

Whistling Past the Graveyard

with, and research inside the corporate and financial sectors, know firms’ operations and industry practices well. They have a pretty good hunch where the corporate O-Rings are located — those potential pressure points that could explode... View Details

Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

22 Sep 2014
Op-Ed

Online Banks Fill Funding Needs for Small Business

equipped to perform this role? Reason For Optimism The financial crisis significantly changed the lending landscape in the United States for small businesses, both for owners and entrepreneurs and the... View Details

Keywords: by Karen Mills; Financial Services; Financial Services

29 Oct 2008
Research & Ideas

The Next Marketing Challenge: Selling to ’Simplifiers’

by too much stuff acquired. She is increasingly skeptical in the face of a financial meltdown that it was all worth the effort. Out will go luxury purchases, conspicuous consumption, and a trophy culture. Tomorrow's consumer will buy more... View Details

Keywords: by John Quelch; Retail; Consumer Products; Entertainment & Recreation

Fast Answer

Securitization process and credit rating agencies

href="http://baselinescenario.com/financial-crisis-for-beginners/#securitization" target="new">The Financial Crisis for Beginners - Securitization From The Baseline Scenario. The Economics of Structured... View Details

September 1998 (Revised December 1998)
Case

Infinity Carpets, Inc.

By: Ronald W. Moore and Thomas R. Piper

A turnaround expert must determine whether a firm in distress is worth more as a going concern than its liquidation value. If so, the finances of the firm must be restructured in a way consistent with the bargaining power of the holders of the various securities. The... View Details

Keywords: Restructuring; Borrowing and Debt; Financial Liquidity; Crisis Management; Value; Apparel and Accessories Industry

01 Jun 2015
News

Research Brief: If State Pensions Clean Up Their Books, Who Pays?

When the financial crisis hit in 2008, it became apparent that many states had played fast and loose with their pension funding. Some states slashed benefits, others contemplated bankruptcy. You might think... View Details

Keywords: Erin Peterson

May 1997 (Revised March 2001)
Teaching Note

Sime Darby Berhad (A), (B), and (C) Teaching Note

By: Tarun Khanna

Teaching Note for (9-797-017), (9-701-117), and (9-701-118). View Details

Keywords: Financial Crisis; Multinational Firms and Management; Malaysia

30 Jul 2010
News

Notes from a Hammock

best-selling trilogy of mysteries. The Girl was published in 2005, but it sometimes seems Larsson is writing after the meltdown of 2008, and with the benefit of hindsight. His hero, Mikael, an investigative business journalist, speaks contemptuously of View Details

Keywords: Publishing Industries (except Internet); Information

November 2013 (Revised August 2015)
Case

Janet Yellen and the Bernanke Fed

By: Matthew Weinzierl and Katrina Flanagan

The unelected Federal Reserve Chairman exerts exceptional influence over the U.S., in fact global, economy. As Janet Yellen prepared to take over the position, she would look back on Chairman Bernanke's tenure during the Great Recession. During that time, Bernanke was... View Details

Keywords: Monetary Policy; Nominal Rigidity And Aggregate Demand/Aggregate Supply; Phillips Curve; Taylor Rule; Central Bank Independence; Central Banking; Money; Policy; Financial Crisis; Power and Influence; Banking Industry; Public Administration Industry; United States

07 Sep 2020
Research & Ideas

How to Help Small Businesses Survive COVID's Next Phase

small-business owners trying to survive. Strict safety protocols haven’t been enough to get customers through the door for some small businesses, and many owners—crushed by inventory and overhead costs—are grappling with hard choices. “This is the worst small-business... View Details

Keywords: by Danielle Kost; Food & Beverage; Service

April 22, 2015
Editorial

One Way To Help Greece Recover: Help Greek Companies Obtain Financing

By: George Serafeim

Keywords: Europe; European Union; Eurozone; Politics; Government; Government And Business; Competitiveness; Country Analysis; Country Strategy; Finance; Competition; Financing and Loans; Financial Crisis; Business and Government Relations; European Union; Greece

Read Now

March 2001 (Revised February 2004)
Case

Power to the States: "Fiscal Wars" for FDI in Brazil

By: Laura Alfaro, Yasheng Huang and Marios S. Kalochoritis

On January 6, 1999, Itamar Franco, the governor of the state of Minas Gerais, the second-largest state in Brazil, declared a 90-day moratorium on its debt payment to the federal government. The announcement triggered a run on the Brazilian currency, the Real, and... View Details

Keywords: International Relations; Investment; Financial Crisis; Borrowing and Debt; Brazil

Student-Profile

Yueran Ma

market, which had a big impact on many people’s lives. Then the global financial crisis struck when I was in high school. I felt deeply that finance is hugely important to the efficiency and well-being of a... View Details

October 2014
Supplement

Honeywell and the Great Recession: The Economic Recovery (B)

By: Sandra J. Sucher and Susan J. Winterberg

Five years after the Great Recession, Honeywell's CEO Dave Cote and his executive team reflect on the choices they made to manage costs and earnings forecasts during that uncertain time. They discuss which cost cutting measures they decided to take and their personal... View Details

Keywords: Layoffs; Furloughs; Downsizing; Work Sharing; Short Time Work; Recessions; Earnings Forecast; Job Cuts and Outsourcing; Cost Management; Executive Compensation; Crisis Management; Financial Crisis; Manufacturing Industry

01 Sep 2009
News

Class Day, Commencement Mark New Beginning for Newest Alumni

crisis and opted instead to relate lessons learned and wisdom acquired over his long career. “I am wildly optimistic about the future of America,” he said. “It is still one of the shining lights on this planet. It has been and will... View Details

Keywords: commencement; Colleges, Universities, and Professional Schools; Educational Services

Profile

Jessica Kramer

into finance, but into her own values. “I got a front-row seat to the financial crisis of 2008,” Jessica says. But even with the crisis aside, she began to wonder if finance... View Details

Article

Did Bank Distress Stifle Innovation During the Great Depression?

By: Ramana Nanda and Tom Nicholas

We find a negative relationship between bank distress and the level, quality, and trajectory of firm-level innovation during the Great Depression, particularly for R&D firms operating in capital intensive industries. However, we also show that because a sufficient... View Details

Keywords: Great Depression; R＆D; Bank Distress; Patents; Research and Development; Financial Crisis; Banks and Banking; Innovation and Invention; Banking Industry; United States