Financial Systems - Publications - Faculty & Research

01 May 2013
News

Sid Yog, MBA 2004

measure, if I look at my life over the last nine years, I see that the relationship to HBS is always present, directly or indirectly. I founded my company with a professor from HBS; half of my investors have a relationship with HBS. This support View Details

01 Jun 2000
News

Capturing Human Capital

corporations rely on information planning and control systems and processes that are designed to help management make sound strategic choices and ensure efficient implementation of those decisions. "They do this by allocating scarce... View Details

01 Sep 2015
News

Research Brief: Bankruptcy as a Better—Not Bitter—End

the idea that Section 363 sales are both versatile and valuable for struggling companies. “The findings suggest that the US system still works exceptionally well for what it is intended to do: protect assets and businesses while companies... View Details

Keywords: Erin Peterson

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

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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

14 Oct 2014
First Look

First Look: October 14

October 2014 Review of Financial Studies Money Creation and the Shadow Banking System By: Sunderam, Adi Abstract—Many explanations for the rapid growth of the shadow banking View Details

Keywords: Sean Silverthorne

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

24 Apr 2014
News

A bold experiment in education

A former corporate financier with Boeing, Ben Kleban (MBA 2005) planned to open a charter school in New York after HBS, but in the wake of Hurricane Katrina, he was inspired to found New Orleans College Prep (NOCP). NOCP now operates... View Details

05 Mar 2013
First Look

First Look: March 5

emerging Asian markets. Paper: http://www.asiabusinessinsights.com/articles.html#sub_articles_E-commerce_in_Asia Issuer Quality and Corporate Bond Returns Authors:Greenwood, Robin, and Samuel G. Hanson Publication:Review of Financial... View Details

Keywords: Sean Silverthorne

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 2024
News

Far-Reaching Impact

Above: Teachers in India's daycare system draw on Rocket Learning's digital platform to enhance learning. Photo courtesy Rocket Learning When the news reached Namya Mahajan (MBA 2022) as her HBS graduation was approaching that she would receive financial assistance to... View Details

Keywords: Jennifer Gillespie

31 Mar 2002
Research & Ideas

You’re Wasting Your Employees! What You Can Do About It

That means that a first-class human-resources executive must be at the CEO's right hand. Eventually, traditional strategic-planning processes will need to be overhauled and the financially calibrated measurement and reward View Details

Keywords: by Christopher A. Bartlett & Sumantra Ghoshal

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Tools & Services | Information Technology

centralize and streamline event planning, management, publishing, and more. Student Information Systems Explore the platforms that support key student activities like admissions, financial aid, and... View Details

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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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

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Courses by Faculty Unit - Course Catalog

State (CATS) (also listed under General Management) Debora L. Spar Fall 2025 Q1Q2 3.0 Capitalism: Past, Present, Future Sophus A. Reinert Fall 2025 Q1Q2 3.0 Creating the Modern Financial System David Moss... View Details

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Bibliography - Option Pricing in Theory & Practice: The Nobel Prize Research of Robert C. Merton - Exhibits - Historical Collections

Journal of Banking and Finance 19, nos. 3-4 (June 1995): 461-481. Merton, Robert C. "The Financial System and Economic Performance." Journal of Financial Services Research 4... 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

13 Aug 2021
Blog Post

Exploring Racial Justice with the Scaling Minority Businesses Course

a general management skillset that transcended sectors – private, non-profit, and public. Our most urgent social issues require a multi-faceted approach that spans these sectors because those with the financial and other resources to... View Details

03 Jul 2012
Research & Ideas

HBS Faculty on Supreme Court Health Care Ruling

trillion mandate and no assurance of reversing the inexorable rise in health care costs. Paradoxically, although America has the most technologically advanced and expensive health care system in the world, its citizens continue to get... View Details

Keywords: Re: Multiple Faculty; Health

Publications