Publications

01 Jun 2010
News

Alumni Books

explores the hidden world of statistics that rule individuals’ lives, jobs, commutes, vacations, food, health, money, and success. Statistics are how engineers calculate a person’s quality of life, how corporations determine individual needs, and how politicians... View Details

Keywords: mathematics; statistics; Finance

Richard H. Jenrette

for the firm. Jenrette was instrumental in taking the company public in 1970 making it the first publicly traded investment firm in the United States. Taking the helm of DLJ in 1973, Jenrette shepherded it through the recession. His... View Details

Keywords: Finance

01 Sep 2012
News

Expertise From The Front Lines Of The Eurozone

booms, plateaus, and shake-ups in global finance —and now, a new generation of future business leaders are benefiting from his extensive experience. After graduating from HBS, Roscini, formerly a nuclear engineer, entered the world of... View Details

Keywords: Finance; Finance; Finance; Finance

21 Jul 2014
Research & Ideas

Is a Gap in Small-Business Credit Holding Back the American Economy?

access to public institutional debt and equity capital markets and the uncertainty of small business profits makes retained earnings a necessarily less stable source of capital. About 48 percent of business owners report a major bank as... View Details

Keywords: by Karen Mills; Manufacturing

01 Sep 2020
News

We Rise

degree and experience as CEO of a public company. These criteria can create unnecessary barriers for women, who are traditionally underrepresented in technical-education programs and hold only about 6 percent of CEO roles in S&P 500... View Details

Keywords: April White; Finance

08 Sep 2009
Research & Ideas

The Height Tax, and Other New Ways to Think about Taxation

include a rich discussion of corporate taxation. Like tax competition, many fundamental issues in taxation are relevant for individuals and businesses, so much of my work ought to be useful to both. Q: What are the most important trends in View Details

Keywords: by Martha Lagace

01 Jun 2010
News

M.I.A. Boards

directly involved in the recent financial meltdown, as well as many firms outside of finance whose governance-related troubles came home to roost in the recession. On behalf of shareholders, boards’ specific duties are to choose and, when... View Details

Keywords: John Gillespie;David Zweig; Finance

John C. Bogle

public by selling directly to them and eliminating load fees or sales charges. Over the course of two decades, Bogle built the second largest fund company in the world. View Details

Keywords: Finance

26 Nov 2001
Research & Ideas

Women Entrepreneurs Use Springboard for Funding

What do a health food manufacturer, an infectious-diseases specialist and a content-management expert have in common? Answer: All are women, all are entrepreneurs. And by virtue of being women and entrepreneurs they share one disheartening statistic: According to the... View Details

Keywords: by Martha Lagace

2023
Working Paper

Segmented Going-Public Markets and the Demand for SPACs

By: Angela Ma, Miles Zheng and Jessica Bai

We provide a regulatory-arbitrage-based explanation for the origin and proliferation of the Special Purpose Acquisition Company (SPAC). SPAC sponsors act as non-bank intermediaries, and the SPAC market structure appeals to yield-seeking investors and riskier,... View Details

Keywords: Special Purpose Acquisition Companies; Non-bank Intermediaries; Regulatory Arbitrage; Adverse Selection; Initial Public Offering

SSRN

November 2011 (Revised November 2012)
Case

L'Occitane en Provence

By: Bo Becker, Daniela Beyersdorfer, Scott Mayfield and Mayuka Yamazaki

Cosmetics company L'Occitane en Provence must decide if it is the right time to go public, and, if so, where to list. The firm could list on Euronext in Paris, close to the firm's headquarters in southern France, on one of the large exchanges in the U.S., or perhaps in... View Details

Keywords: Initial Public Offering; France

2011
Case

Juner: On the Road to IPO

By: F. Warren McFarlan, Donglin Xia, Ning Jia and Ziqian Zhao

Keywords: Going Public; Initial Public Offering

October 1983 (Revised July 1984)
Case

Information Resources, Inc. (B)

The company's plans are revealed. A stock offering has produced $20 million to be used for development. View Details

Keywords: Initial Public Offering

03 Sep 2020
Op-Ed

Why American Health Care Needs Its Own SEC

A health care SEC could collect data on prices and outcomes that comply with its measurement standards, and certified, independent appraisers could attest that the numbers comply with accepted measurement standards—just as independent members of the accounting and... View Details

Keywords: by Regina E. Herzlinger; Health

22 Feb 2022
News

Addressing The Financial Security Gap

initiative helps organizations create short-term financial stability for vulnerable workers and communities. FINANCE AND THE ECONOMIC RECOVERY READ MORE STORIES FINANCE AND THE ECONOMIC RECOVERY READ MORE... View Details

Keywords: Jennifer Gillespie

01 Mar 2012
News

Capitalism’s New Agenda

degradation; failure of the rule of law; failures of education and public health; state capitalism; radical movements and terrorism; and pandemics. But the business leaders were also disturbed by an 11th disrupter: the inadequacy of... View Details

Keywords: Joseph L. Bower, Herman B. Leonard, and Lynn S. Paine; social activism; Occupy Wallstreet; Finance; Finance

15 Nov 2001
Research & Ideas

Five Questions for Paul Gompers and Josh Lerner

companies have been financed during previous downturns in the venture capital market. Entrepreneurs should not necessarily abandon all hope. Venture capitalists still have many, many billions to invest, so well crafted business plans can... View Details

Keywords: by Carol Elsen; Financial Services

01 Sep 2013
News

Shining Knight

his pet passion, educational philanthropy." The article reported how in 1998, Ogden went public on the London Stock Exchange with Computacenter, the giant computer services company he cofounded, with all proceeds from its 3.5 million... View Details

Keywords: Finance; Finance; Finance

January 2008 (Revised March 2009)
Case

Fortress Investment Group

By: Malcolm Baker, Carlos M. Galvez and James Quinn

CEO Wesley Edens and the five Fortress principals are contemplating a move unprecedented in the industry: becoming the first hedge fund and private equity firm to complete an IPO on the New York Stock Exchange (NYSE). This case examines potential reasons for a leading... View Details

Keywords: Private Equity; Public Equity; Initial Public Offering; Investment Funds; Going Public; Valuation; Financial Services Industry