Financial Systems - Publications - Faculty & Research

12 Aug 2002
Op-Ed

Using Big Business to Fight Poverty

conflict—that could be revived with an influx of financial resources, and that would ensure fair distribution of the fruits of the resulting growth. Today the poorest regions of the world benefit from no such infrastructure. And what... View Details

Keywords: by George C. Lodge

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

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01 Mar 2012
News

Where Innovation Rules

Kiva Systems Intuit Angie’s List Rakuten athenahealth Pandora Bloomingdale's and Gilt Groupe Social Finance Innovation is the real business of Harvard Business School. It begins with the School’s bias toward action, as embodied in its... View Details

Keywords: Deborah Blagg;Garry Emmons;Julia Hanna;Roger Thompson; Corporate Services; Educational Services; Management

01 Mar 2003
News

Naina Lal Kidwai

Chartered Bank) in India in 1982, rising through the ranks in a variety of merchant, retail, and investment banking assignments before moving to Morgan Stanley’s India operation in 1994. Through a joint venture with the investment bank JM View Details

Keywords: Garry Emmons; Funds, Trusts, and Other Financial Vehicles; Funds, Trusts, and Other Financial Vehicles

01 Apr 1998
News

Spangler, Former UNC President, Candidate for Board of Overseers

interested and involved in education issues as the father of two daughters enrolled in public schools. In 1972, he was elected to the Charlotte-Mecklenburg County Board of Education, serving a four-year term while that system was in the... View Details

Keywords: Nancy O. Perry

Web

BiGS Fellows | Institute for Business in Global Society

nation, Ray plans to advance his research how businesses and other organizations respond to racial disparities, focusing on individual and systemic responses. His work bridges social science with practical recommendations for designing... View Details

20 Jan 2003
Research & Ideas

Fixing Corporate Governance: A Roundtable Discussion at Harvard Business School

inadequate disclosure rules were cracks in the financial infrastructure, options were the rocket fuel that blew the cracks wide open, with some disastrous results. I think all the attention being paid to the current problems—particularly... View Details

Keywords: by Garry Emmons

24 Feb 2014
News

A Capital Idea for Small Business

together in online communities to provide the financial and commercial resources necessary for business success, with networks of supportive peers, suppliers, investors, and customers. At the same time, iCrowd will provide investors with... View Details

Keywords: Robert S. Benchley; crowd-funding; online communities; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

01 Sep 2009
News

Over the Top

Illustration by Ken Orvidas/theispot.com In the search for culprits in the global financial meltdown, bloated executive pay and the excessive risk-taking behavior it fueled stand out as prime suspects. Of the two, pay dominates the... View Details

Keywords: Roger Thompson; Colleges, Universities, and Professional Schools; Educational Services; Finance; Government

22 Feb 2022
News

Q&A: The Post-Pandemic Path

ordering system and takeout food. Business after business pivoted remarkably quickly. To me, that was the huge and very positive lesson of this crisis: Businesses are amazing at figuring out a path forward. FINANCE AND THE ECONOMIC... View Details

Keywords: April White

16 Jun 2003
Research & Ideas

Surveying the VC Landscape

dramatically since several large public institutions (for instance, the California Public Employees Retirement System and the University of Texas Investment Management Company) have released onto the Internet the returns from the funds in... View Details

Keywords: by Ann Cullen; Financial Services

Student-Profile

Olivia Zhao

health has such a universal reach in their life. If you can improve the system in some way then you can have a lot of impact. I just knew I would find interesting problems by focusing my research on health care policy.” To learn more... View Details

01 Jun 1998
News

Short Takes

authors. "They use motivation [merely] as the rhetoric to justify their actions." Moreover, the authors found that only two variables in their survey were associated with corporate financial performance: the presence of a strong... View Details

Keywords: Orna Feldman and Caroline Chauncey

23 Dec 2002
Research & Ideas

Partnering and the Balanced Scorecard

financial and non-financial measurements in four perspectives: financial, customer, internal process, and learning and growth. The approach quickly evolved into a new system for describing and managing... View Details

Keywords: by Robert S. Kaplan & David P. Norton

Web

Judging | New Venture Competition

Herzlinger, Highland Instruments Alireza Masrour, Plug and Play Andre Rocha, ChaosSearch Andrea Riposati, Dante Genomics Andy Macey, EPAM Systems Anne Dwane, Village Global Anthony Franklin, Spearhead Capital Partners Barbara Finer... View Details

Web

Social Entrepreneurship Fellowship | Social Enterprise | Harvard Business School

Founders Forum The HBS New Venture Competition Social Enterprise Track or President’s Innovation Challenge HBS Elective Curriculum courses: Social Entrepreneurship and Systems Change, Public Entrepreneurship, or Transforming Education... View Details

08 Feb 2011
First Look

First Look: Feb. 8

Abstract The financial crisis of 2008-2009 has revealed that our broad model of corporate governance is broken, independent of the shortcomings in the regulatory system. Managers and boards of directors in scores of View Details

Keywords: Sean Silverthorne

01 Oct 1998
News

Merton Named University Professor

insurance contracts. An elected member of the National Academy of Sciences and a past president of the American Finance Association, Merton is a leading figure in the School's Global Financial Systems... View Details

25 Jun 2013
First Look

First Look: June 25

controlled the allocation of financial resources into two new varieties of state capitalism: Leviathan as a majority and as a minority investor. In this book we study the implications of such transformation using detailed data from Brazil... View Details

Keywords: Anna Secino

Arjun Chopra

(including production systems on Amazon Web Services (AWS) for 10 of the top 20 Global financial institutions), managed over 200M hours of uptime in the public cloud and was recognized as one of AWS' top 22... View Details

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