Publications

March 2006
Module Note

Financing Decisions within the Firm

By: Mihir A. Desai and Kathleen Luchs

Describes a core module in the International Finance course at Harvard Business School. The module focuses on the financial and managerial issues that confront managers who make financial decisions within multinational firms: how subsidiaries should be financed and... View Details

Keywords: Decisions; International Finance; Taxation; Business Subsidiaries; Multinational Firms and Management; Framework; Performance Evaluation; Management Analysis, Tools, and Techniques

2009
Other Unpublished Work

Financing Higher Education in Australia

By: David Moss and Stephanie Lo

Even before Australian lawmakers abolished university tuition in 1973, students in Australia had long benefited from low tuition and large government subsidies. By the early 1980s, however, the nation's universities faced growing budget challenges and an apparent... View Details

Keywords: Higher Education; Financing and Loans; Government and Politics; Australia

2002
Chapter

Future Possibilities in Finance Theory and Finance Practice

By: Robert C. Merton

Keywords: Finance; Mathematical Methods; Practice

2020
Working Paper

Costly External Financing and Monetary Policy Transmission: Evidence from a Natural Experiment

By: Emily Williams

I provide new evidence that large and small banks have different external financing costs, which generates cross sectional variation in a deposits market pricing power channel of monetary policy transmission. I do so by exploiting a natural experiment using anti-trust... View Details

Keywords: External Financing; Monetary Policy Transmission; Experiment; Banks and Banking; Financing and Loans; Interest Rates

9 AM – 10 AM EDT, 14 Aug 2019
HBS Online

HBS Online Leading with Finance

Gain a deep understanding of the principles of finance - a toolkit for making smart financial decisions and the confidence to communicate those decisions to key stakeholders. Program Dates: August 14, 2019 - September 25, 2019 View Details

9 AM – 10 AM EDT, 05 Jun 2019
HBS Online

HBS Online Leading with Finance

Gain a deep understanding of the principles of finance - a toolkit for making smart financial decisions and the confidence to communicate those decisions to key stakeholders. Program Dates: June 5, 2019 - July 17, 2019 View Details

9 AM – 10 AM EST, 16 Jan 2019
HBS Online

HBS Online Leading with Finance

Gain a deep understanding of the principles of finance - a toolkit for making smart financial decisions and the confidence to communicate those decisions to key stakeholders. Program Dates: January 16, 2019 - February 27, 2019 View Details

Summer 2020
Article

Venture Capital's Role in Financing Innovation: What We Know and How Much We Still Need to Learn

By: Josh Lerner and Ramana Nanda

Venture capital is associated with some of the most high-growth and influential firms in the world. Academics and practitioners have effectively articulated the strengths of the venture model. At the same time, venture capital financing also has real limitations in its... View Details

Keywords: Innovation; Financing; Venture Capital; Financing and Loans; Technological Innovation

Find at Harvard

March 2021
Case

Litigation Finance 2.0: LexShares

By: Lauren Cohen, Spencer C. N. Hagist and Yago Zavalia Gahan

Litigation finance—also referred to as third party litigation funding—was in its relative infancy as an asset class when Jay Greenberg and Max Volsky made a platform-play in the space. Seven years later, the market was far from "mainstream," but nonetheless had grown... View Details

Keywords: Finance; Entrepreneurship; Growth and Development Strategy; United States

02 Mar 2020
Video

Certificate of Finances Form Webinar

January 2001 (Revised July 2003)
Case

Pharmacyclics: Financing Research & Development

By: Malcolm P. Baker, Richard S. Ruback and Aldo Sesia

Pharmacyclics (NASDAQ: PCYC), a pharmaceutical company that manufactures products that will improve existing therapeutic treatments for cancer, arteriosclerosis, and retinal disease, was considering a $60 million private placement in February 2000. The company had more... View Details

Keywords: Valuation; Cash Flow; Financing and Loans; Business Startups; Financial Strategy; Medical Devices and Supplies Industry; Pharmaceutical Industry; Health Industry

February 2012 (Revised June 2012)
Background Note

The Market for Consumer Finance

By: Joseph L. Bower and Michael Norris

This note describes the market for consumer finance products in the United States. The note focuses on the changes in supply and demand that have occurred since the mid-20th century, and highlights recent approaches to finance for low-credit rated borrowers. View Details

Keywords: Financial Markets

Fast Answer

Real estate finance

data, market intelligence, research, proprietary rankings, deal analysis, profiles, and trends. Real Estate Finance & Investment Review: Ref. HD1361 .R4233 in the Stamps Reading Room Moody’s Analytics CRE: Search... View Details

9 AM – 10 AM EDT, 19 Oct 2017
Webinars: Trending@HBS

Innovative Finance for the Common Good

Whether it's a vaccine or green bond, drought insurance, pay-as-you-go financing for solar electricity in Kenya, or discounted metro cards in New York, innovative finance is as much about incentives and sound decision making as it is about money; when it works,... View Details

12 Apr 2024
Video

Certification of Finances Form Overview

News

Financing high-potential entrepreneurship

October 2002 (Revised April 2007)
Background Note

Project Finance Glossary

By: Benjamin C. Esty

Description: This glossary contains a list of almost 1,000 definitions for terms commonly used in the field of project finance. View Details

Keywords: Project Finance

January 2000 (Revised September 2000)
Case

Casablanca Finance Group

Examines the founding and development of an investment bank in Morocco. Two Moroccan expatriates return from Paris and enter the brokerage business. Over the next six years they build the leading financial services firm in the country. Concludes with a series of... View Details

Keywords: Investment Banking; Business Startups; Financial Services Industry