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  • All HBS Web  (16,175)
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    • Research  (9,670)
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  • 09 Mar 2020
  • Working Paper Summaries

Impact Investing: A Theory of Financing Social Entrepreneurship

Keywords: by Benjamin N. Roth; Financial Services
  • 2006
  • Comment

The Rise and Fall of the Widely Held Firm: A History of Corporate Ownership in Canada

By: Jordan I. Siegel
This chapter features an admirable effort by by Morck, Percy, Tian, and Yeung to apply recent developments in law and finance theory to a longitudinal country-level case study. The authors closely examine nearly 500 years of Canadian corporate governance and analyze... View Details
Keywords: Corporate Governance Theory; Corporate Governance; Canada
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Siegel, Jordan I. Comment on "The Rise and Fall of the Widely Held Firm: A History of Corporate Ownership in Canada." A History of Corporate Governance around the World: Family Business Groups to Professional Managers, edited by Randall K. Morck. University of Chicago Press, 2006.
  • 03 Oct 2016
  • Book

Clayton Christensen: The Theory of Jobs To Be Done

Keywords: by Dina Gerdeman
  • November 1990 (Revised July 1996)
  • Background Note

Note on the Recipients of Change

Examines the experiences of being a "recipient" of change and how to help individuals cope with change. The first part describes how people typically respond to changes likening it to a loss experience. The second part describes what organizations can do to help... View Details
Keywords: Change Management
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Jick, Todd D. "Note on the Recipients of Change." Harvard Business School Background Note 491-039, November 1990. (Revised July 1996.)
  • Research Summary

Valuation Theory and Practice

Timothy A. Luehrman's primary research interest is in the application of valuation methods to companies, businesses, and individual assets. Some of his work involves applications of tools originally developed for valuing derivative securities to the valuation of other... View Details
  • February 1979
  • Background Note

Note on the Theory of Optimal Capital Structure

By: William E. Fruhan Jr.
Examines the interrelationship between the maximization of the share value of a firm's common stock and the minimization of the firm's weighted average cost of capital. Presents a revised version of a case by J.W. Mullins, Jr. View Details
Keywords: Capital Structure; Cost of Capital; Stock Shares; Core Relationships; Value
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Fruhan, William E., Jr. "Note on the Theory of Optimal Capital Structure." Harvard Business School Background Note 279-069, February 1979.
  • October 1984 (Revised February 2007)
  • Background Note

Introduction to Portfolio Theory

By: Andre F. Perold
Introductory note describing the basic building blocks of Markowitz's mean-variance portfolio theory. View Details
Keywords: Theory; Investment Portfolio
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Perold, Andre F. "Introduction to Portfolio Theory." Harvard Business School Background Note 185-066, October 1984. (Revised February 2007.)
  • June 2002
  • Background Note

Complexity Theory and Negotiation

By: Michael A. Wheeler and Gillian Morris
This case highlights an application of current thoughts in complexity science to negotiation theory. It emphasizes a provocative approach that questions much of traditional negotiation research thus far. The case explains the roots of complexity science and some broad... View Details
Keywords: Complexity; Negotiation Tactics; Outcome or Result; Interpersonal Communication
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Wheeler, Michael A., and Gillian Morris. "Complexity Theory and Negotiation." Harvard Business School Background Note 902-230, June 2002.
  • November 2023
  • Article

A Quantity-Driven Theory of Term Premia and Exchange Rates

By: Robin Greenwood, Samuel G. Hanson, Jeremy C. Stein and Adi Sunderam
We develop a model in which specialized bond investors must absorb shocks to the supply and demand for long-term bonds in two currencies. Since long-term bonds and foreign exchange are both exposed to unexpected movements in short-term interest rates, a shift in the... View Details
Keywords: Term Premium; Exchange Rate; Currency Exchange Rate; Bonds
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Greenwood, Robin, Samuel G. Hanson, Jeremy C. Stein, and Adi Sunderam. "A Quantity-Driven Theory of Term Premia and Exchange Rates." Quarterly Journal of Economics 138, no. 4 (November 2023): 2327–2389.
  • July–August 2013
  • Article

The Network Secrets of Great Change Agents

By: Julie Battilana and Tiziana Casciaro
Change is hard, especially in a large organization. Yet some leaders succeed—often spectacularly—at transforming their workplaces. What makes them able to exert this sort of influence when the vast majority can't? The authors tracked 68 change initiatives in the UK's... View Details
Keywords: Networks; Organizational Change and Adaptation; Leading Change; Health Industry
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Battilana, Julie, and Tiziana Casciaro. "The Network Secrets of Great Change Agents." Harvard Business Review 91, nos. 7/8 (July–August 2013): 62–68.
  • April 2025
  • Background Note

Climate Change Adaptation with Artificial Intelligence and Machine Learning

By: Michael W. Toffel and Nabig Chaudhry
Artificial Intelligence (AI) and machine learning (ML) have emerged as powerful tools to address climate change. This note summarizes a wide range of the uses of AI/ML to drive climate change adaptation and resilience, the measures organizations and governments are... View Details
Keywords: Climate Change; Adaptation
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Toffel, Michael W., and Nabig Chaudhry. "Climate Change Adaptation with Artificial Intelligence and Machine Learning." Harvard Business School Background Note 625-050, April 2025.
  • 1982
  • Chapter

On the Microeconomic Theory of Investment under Uncertainty

By: Robert C. Merton
Keywords: Microeconomics; Investment; Risk and Uncertainty; Risk Management
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Merton, Robert C. "On the Microeconomic Theory of Investment under Uncertainty." In Handbook of Mathematical Economics. Vol. 2, edited by K. Arrow and M. Intriligator. Amsterdam: North-Holland Publishing Company, 1982.
  • 27 Nov 2013
  • Conference Presentation

Towards a Contingency Theory of Enterprise Risk Management

By: Anette Mikes
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Mikes, Anette. "Towards a Contingency Theory of Enterprise Risk Management." Paper presented at the Management Control Seminar, Université de Lausanne, Ecole des hautes études commerciales, Lausanne, Switzerland, November 27, 2013.
  • November 2011
  • Background Note

The Change Wheel: Elements of Systemic Change and How to Get Change Rolling

By: Rosabeth Moss Kanter
Keywords: Change Management
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Kanter, Rosabeth Moss. "The Change Wheel: Elements of Systemic Change and How to Get Change Rolling." Harvard Business School Background Note 312-083, November 2011.
  • 2001
  • Book

The Theory and Practice of International Financial Management

By: Reid W. Click and Joshua D. Coval
Keywords: Theory; Practice; Finance; Management
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Click, Reid W., and Joshua D. Coval. The Theory and Practice of International Financial Management. Upper Saddle River, NJ: Prentice Hall, 2001.
  • November 2010 (Revised August 2016)
  • Case

The Changing Face of Angel Investing

By: William A. Sahlman and Evan Richardson
Angel investors Ram Shriram, Mike Maples, Eric Paley, James Geshweiler, and Jim Southern discuss their investment philosophies and the changing landscape of angel investing. Questions include: • How has angel investing changed in the last few years? • How do you... View Details
Keywords: Investment; Venture Capital; Investment Funds
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Sahlman, William A., and Evan Richardson. "The Changing Face of Angel Investing." Harvard Business School Case 811-046, November 2010. (Revised August 2016.)
  • November 2000
  • Article

A Buy-Side Model of M&A Lockups: Theory and Evidence

By: Guhan Subramanian and John C. Coates
Keywords: Theory; Mergers and Acquisitions
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Subramanian, Guhan, and John C. Coates. "A Buy-Side Model of M&A Lockups: Theory and Evidence." Stanford Law Review 53, no. 2 (November 2000): 307–396. (Selected by academics as one of the 'top ten' articles in corporate/securities law for 2001, out of 300 articles published in that year.)
  • 2011
  • Chapter

Changing Identity, Changing Language

By: Kathleen L. McGinn and Jeffrey T. Polzer
Environmental jolts and shifting membership challenge a group's efficacy and survival. Group identity is critical for a shared interpretation of and response to these challenges, but external and internal changes may require corresponding changes in a group's... View Details
Keywords: Change; Spoken Communication; Performance Efficiency; Problems and Challenges; Safety; Identity; California
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McGinn, Kathleen L., and Jeffrey T. Polzer. "Changing Identity, Changing Language." In Advances in Group Processes. Vol. 28, edited by Shane R. Thye and Edward Lawler, 125–145. Bingley, UK: Emerald Group Publishing, 2011.
  • 2005
  • Working Paper

Silent Saboteurs: How Implicit Theories of Voice Inhibit the Upward Flow of Knowledge in Organizations

By: James R. Detert and Amy C. Edmondson
This article examines, in a series of three studies, how people working in organizational hierarchies wrestle with the challenge of upward voice. We first undertook in-depth exploratory research in a knowledge-intensive multinational corporation in which employee input... View Details
Keywords: Prejudice and Bias; Working Conditions; Knowledge Management; Attitudes; Organizational Culture
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Detert, James R., and Amy C. Edmondson. "Silent Saboteurs: How Implicit Theories of Voice Inhibit the Upward Flow of Knowledge in Organizations." Harvard Business School Working Paper, No. 06-024, December 2005. (Revised October 2006, December 2008.)
  • January 2011 (Revised July 2012)
  • Case

Arcadia Biosciences: Seeds of Change (Abridged)

By: Arthur A. Daemmrich
Arcadia Biosciences is seeking to introduce genetically modified rice to China that will lower farmers' costs and generate environmental benefits through reduced greenhouse gas emissions. The case describes challenges facing this small agricultural biotechnology... View Details
Keywords: Plant-Based Agribusiness; Intellectual Property; Genetics; Environmental Sustainability; Science-Based Business; Climate Change; Agriculture and Agribusiness Industry; Biotechnology Industry; China
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Daemmrich, Arthur A. "Arcadia Biosciences: Seeds of Change (Abridged)." Harvard Business School Case 711-050, January 2011. (Revised July 2012.)
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