Publications

24 Apr 2007
First Look

First Look: April 24, 2007

Note on U.S. Public Education Finance (A): Revenues Harvard Business School Note 307-069 Describes the revenue structure of U.S. public education. Covers funding by federal, state, and local governments.... View Details

Keywords: Sean Silverthorne

January 2019 (Revised December 2019)
Case

CrossBoundary Energy

By: John Macomber

Almost 500 million people are without electricity in sub-Saharan Africa. Governments and public utilities are challenged to bring generation and distribution to most of them. Considerable promise exists in “off-grid” or “mini-grid” technologies, notably using renewable... View Details

Keywords: Energy Investing; Economic Development; Renewable Energy; Business Growth and Maturation; Developing Countries and Economies; Project Finance; Emerging Markets; Industry Structures; Infrastructure; Segmentation; Private Equity; Decision Choices and Conditions; Energy Industry; Utilities Industry; Africa; Tanzania; Ghana

11 Aug 2009
First Look

First Look: August 11, 2009

http://www.hbs.edu/research/pdf/10-006.pdf Banking Deregulations, Financing Constraints and Firm Entry Size Authors:William R. Kerr and Ramana Nanda Abstract We examine the effect of U.S. branch banking deregulations on the entry size of... View Details

Keywords: Martha Lagace

19 Mar 2013
First Look

First Look: March 19

depending on the characteristics of the applications market. Second, giving open access to one side in a proprietary platform may lead to fewer users and developers and to lower investment, relative to a platform with closed access to both sides. Third, the View Details

Keywords: Sean Silverthorne

31 Aug 2010
First Look

First Look: August 31

Financial Studies (forthcoming) Abstract This paper examines the impact of leveraged buyout firms' bank relationships on the terms of their syndicated loans. Using a sample of 1,590 loans financing private equity sponsored leveraged... View Details

Keywords: Sean Silverthorne

21 Dec 2009
Research & Ideas

Good Banks, Bad Banks, and Government’s Role as Fixer

systemically risky institutions, it would jeopardize its political independence. And that would be a big mistake. Excerpt: the New Structure Of U.s. Financial Regulation by Robert Pozen, from Too Big To Save To provide taxpayers with an... View Details

Keywords: by Roger Thompson; Banking; Financial Services

September 2017 (Revised April 2022)
Case

Tempur Sealy International (A)

By: Benjamin C. Esty and Lauren G. Pickle

This case explores the long-term relationship between Tempur Sealy (TPX, a mattress manufacturer) and Mattress Firm (MFRM, a bedding retailer and TPX's largest customer). For almost 20 years, the firms enjoyed a mutually beneficial and commercially prosperous... View Details

December 1998
Case

Australian Wheat Board Limited.: Becoming a Grower-owned Corporation

By: Ray A. Goldberg, Carin-Isabel Knoop and Cate Reavis

In July 1999, the Australian Wheat Board (AWB), a statutory national and international grain marketing organization, would become grower-owned. As a private corporation, the AWB would no longer receive government borrowing guarantees and would have to rely on its own... View Details

Keywords: Transformation; Capital Structure; Globalized Markets and Industries; Monopoly; Employee Ownership; Competition

April 2013 (Revised November 2013)
Case

Growing Financial Services in India: Aditya Birla Financial Services Group

By: Paul M. Healy and Rachna Tahilyani

Aditya Birla Financial Services Group is a large, broad-based, Indian financial services institution offering products ranging from life insurance and mutual funds to private equity. The company has witnessed a turnaround in recent years and regained lost market share.... View Details

Keywords: Regulatory Environment; Finance; Asset Management; Business Growth and Maturation; Transformation; Leadership Development; Leadership Style; Business Processes; Organizational Structure; Organizational Change and Adaptation; Competitive Strategy; Diversification; Segmentation; Financial Services Industry; Insurance Industry; India

22 Apr 2008
First Look

First Look: April 22, 2008

initial step, China Netcom's Chairman, Zhang Chunjiang, began a program that sought to further develop the company's corporate governance practices to meet international corporate governance standards. The company hoped that its commitment in developing a... View Details

Keywords: Martha Lagace

24 Aug 2010
First Look

First Look: August 24

financing risk-that is, the risk that later—stage investors will not fund the startup, even if the fundamentals of the firm are still sound. We show that financing risk is part of a rational equilibrium... View Details

Keywords: Sean Silverthorne

24 Jan 2018
Blog Post

10 Reasons Why HBS Peek Weekend was worth the trip across the pond - a british perspective

app provided great fun as we all shared our memories over the weekend and beyond. #2 – The Welcome When we arrived at the Spangler Center, we were not only greeted by the wonderful Peek Weekend team, but given our case studies, HBS Peek tees, The Wisdom of View Details

13 Jun 2017
First Look

First Look at New Research and Ideas, June 13

organization of these elements can vary across markets and can vary in terms of the different roles of the public and private sector in financing and delivery of health care services. Overall, the framework provides an opportunity for a... View Details

Keywords: Sean Silverthorne

January 2011 (Revised July 2019)
Case

Houghton Mifflin Harcourt

By: Stuart C. Gilson and Sarah L. Abbott

One of the leading publishers of textbooks and other educational materials for the U.S. K-12 educational instruction market has suffered a dramatic decline in sales and profits in the wake of the 2008-2009 financial market crisis and economic recession, and is now... View Details

Keywords: Restructuring; Capital Structure; Financial Crisis; Insolvency and Bankruptcy; Decision Choices and Conditions; Publishing Industry; Massachusetts

August 2006 (Revised February 2021)
Case

Anthem, Inc.

By: Regina E. Herzlinger

Describes the U.S. Health Care industry and WellPoint's background, market growth strategies, and potential as an investment option. View Details

Keywords: Investment; Growth and Development Strategy; Health; Industry Structures; Organizational Design; Health Industry; United States

01 Mar 2010
News

Faculty Books

Global Capital and National Institutions: Crisis and Choice in the International Financial Architecture by Laura Alfaro (World Scientific) This casebook has three main topics: the determinants and effects of international capital flows; policies and strategies for... View Details

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

October 1981 (Revised August 2010)
Case

Quabbin Cablevision Company

By: Henry B. Reiling

Several entrepreneurs are considering the purchase of an existing cable TV business with the financial assistance of several investors. They must decide whether to establish the company as a partnership or a corporation, and how to capitalize the company for an optimal... View Details

Keywords: Mergers and Acquisitions; Business Organization; Television Entertainment; Entrepreneurship; Capital Structure; Taxation; Telecommunications Industry; Massachusetts