Publications

July 2002 (Revised August 2002)
Supplement

Australia-Japan Cable: Structuring the Project Company

By: Benjamin C. Esty

Spreadsheet to (9-203-024). Download only. View Details

Keywords: Projects; Customers; System; Capital; Competition; Investment Return; Risk and Uncertainty; Telecommunications Industry; Australia; Japan

01 Mar 2005
News

companies now find their best customers in China and India, where U.S. technology products are in high demand. More importantly, the free flow of ideas and capital have created entrepreneurial hot spots around the globe, challenging venture firms to follow or View Details

Keywords: Roger Thompson; Finance; Finance

18 Jul 2005
Research & Ideas

Time to Rethink the Corporate Tax System?

Corporations have traditionally considered taxes a painful but necessary cost of doing business. But this view has changed, says Harvard Business School professor Mihir A. Desai. With the advent of sophisticated tax shelters, global tax-reduction opportunities, and... View Details

Keywords: by Ann Cullen

01 Mar 2015
News

Ask the Expert: Inside the Fed

directors, we often discussed the reality that pushing rates up too precipitously would risk cutting off the recovery before we’re at full employment. I think Boston Fed economists would say that it would be great to operate in an economy... View Details

Keywords: Finance; Finance; Finance; Finance

Web

Sustainable Investing - Course Catalog

funding away from worthy philanthropic causes. Using tools from both the asset pricing and corporate finance toolkits, this course examines these questions in detail: What does it mean in practice to incorporate non-traditional... View Details

01 Dec 2013
News

Faster, Bigger, Stronger: Supersizing the NFL

ensure that the game continues to thrive. With research (some being financed by the NFL) and understanding still in their early stages, the issue of concussions in football has become a paramount concern, with recent findings suggesting... View Details

Keywords: Finance; Finance; Finance; Finance

July 2012 (Revised June 2018)
Case

MC Tool

By: Richard S. Ruback and Royce Yudkoff

Two partners acquired MC Tool in October 2007 for $5 million. The company was a machine shop that manufactured parts for a wide variety of applications in the energy, automotive, and industrial equipment industries. In their first year of ownership, the partners... View Details

Keywords: Capital Budgeting; Risk Management; Risk and Uncertainty; Problems and Challenges; Transformation; Production; Business Strategy; Manufacturing Industry; United States

2012
Working Paper

Reaching for Yield in the Bond Market

By: Bo Becker and Victoria Ivashina

Reaching-for-yield—the propensity to buy riskier assets in order to achieve higher yields—is believed to be an important factor contributing to the credit cycle. This paper analyses this phenomenon in the corporate bond market. Specifically, we show evidence for... View Details

Keywords: Fixed Income; Reaching For Yield; Financial Intermediation; Insurance Companies; Insurance; Bonds; Assets; Risk Management; Investment Return; Investment Portfolio; Insurance Industry

SSRN

Read Now

November 2001
Case

Lakeside

By: Michael A. Wheeler

This case presents an ethical choice: How should a prospective buyer respond when a homeowner quotes a price that the buyer knows is significantly below market value? The case describes a private transaction in which the prospective seller is fully competent mentally... View Details

Keywords: Ethics; Price; Negotiation Process; Property; Risk and Uncertainty; Real Estate Industry

31 May 2016
First Look

May 31, 2016

findings ultimately suggest that nonverbal dominance displays influence humans’ visual attention in ways that are likely to shape how social interactions unfold. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=51104 Winter 2016 Journal of Applied... View Details

Keywords: Sean Silverthorne

01 Jun 2006
News

Banking on Success

success: “It’s all about having the best systems, the best people, the best products, and the best risk controls,” he told Fortune (April 3, 2006). Since arriving at JPMorgan, Dimon has driven down costs, consolidated systems, and... View Details

Keywords: Management

14 Mar 2011
Research & Ideas

Keeping Credit Flowing to Consumers in Need

The credit crunch and subsequent collapse of the nonprime mortgage market claimed many victims, including hundreds of thousands of low- and moderate-income Americans who lost their homes and savings. Today, regulators and policymakers are debating ways to reform the... View Details

Keywords: by Sean Silverthorne; Financial Services; Construction; Real Estate

December 1979
Article

Liquidity Preference under Uncertainty

By: Carliss Y. Baldwin and Richard F. Meyer

Keywords: Financial Liquidity; Risk and Uncertainty

Find at Harvard

September 2001
Technical Note

Technical Note on Consideration: Floors, Caps, and Collars

By: Carliss Y. Baldwin

As equity-linked consideration has become more popular in acquisition and alliances, so has the use of the "price-protection" mechanisms, known variously as floors, caps, and collars. In general, these are contractual agreements that provide insurance to the... View Details

Keywords: Risk and Uncertainty; Price; Acquisition

November 1983
Article

On the Problems of Applying Ramsey Pricing to the Railroad Industry with Uncertain Demand Elasticities

By: William B. Tye and Dutch Leonard

Keywords: Problems and Challenges; Price; Risk and Uncertainty; Rail Industry

Find at Harvard

February 1982 (Revised March 1984)
Case

Travelers Investment Management Co.

By: David E. Bell

Keywords: Investment Portfolio; Management; Risk Management; Financial Services Industry

Find at Harvard

November 2005 (Revised December 2007)
Case

Motion Computing, Inc. -- 2004

By: William A. Sahlman and Caroline Perkins

Scott Eckert, the co-founder and CEO of Motion Computing, must decide whether to raise additional capital to support growth. Motion manufactures and distributes Tablet PCs. If the company opts to raise money, it must decide on the source and terms of the financing. View Details

Keywords: Risk and Uncertainty; Financing and Loans; Financial Strategy; Manufacturing Industry; Computer Industry; United States