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  • All HBS Web  (1,995)
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  • 27 Oct 2009
  • First Look

First Look: October 27

T. Pittinsky. Harvard Business School Press, 2009 Banking Deregulations, Financing Constraints and Firm Entry Size Authors: William R. Kerr and Ramana Nanda Publication: Journal of the European Economic Association (forthcoming) Abstract... View Details
Keywords: Martha Lagace
  • October 2012
  • Teaching Note

Hill Country Snack Foods Co. (Brief Case)

By: W. Carl Kester and Craig Stephenson
Keywords: United States; Debt Management; Retail Trade; Risk Management; Food; Capital Structure; Borrowing and Debt; Financial Strategy; Retail Industry; United States
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Kester, W. Carl, and Craig Stephenson. "Hill Country Snack Foods Co. (Brief Case)." Harvard Business School Teaching Note 913-518, October 2012.
  • 15 Feb 2018
  • Working Paper Summaries

Can Financial Innovation Solve Household Reluctance to Take Risk?

Keywords: by Laurent Calvet, Claire Celerier, Paolo Sodini, and Boris Vallée; Financial Services; Computer
  • January 12, 2010
  • Comment

A Mistake That Will Make Banks Riskier

By: Robert C. Pozen
Keywords: Banks and Banking; Risk and Uncertainty
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Pozen, Robert C. "A Mistake That Will Make Banks Riskier." FT.com (January 12, 2010).
  • 19 Feb 2010
  • News

The MBA Oath Debate

recent opinion piece in the Financial Times, HBS student Andrew Sridhar (MBA 2010) cited what he calls “troubling” aspects of the oath. For example, he doesn’t buy the professionalization analogy with oaths in law, medicine, or the clergy. “Your liberty, your life, or... View Details
Keywords: Roger Thompson; Business Schools & Computer & Management Training; Educational Services
  • 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
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Becker, Bo, and Victoria Ivashina. "Reaching for Yield in the Bond Market." Harvard Business School Working Paper, No. 12-103, May 2012. (Revised December 2012. NBER Working Paper Series, No. 18909, March 2013)
  • October 2013 (Revised February 2019)
  • Teaching Note

Red Hen Baking Company

By: Richard Ruback, Royce Yudkoff and Lisa Paige
The case explores the decision to expand in a small business setting. In 2007, the Red Hen Baking Company (RHB) was deciding whether to move from its cramped and inefficient Duxbury, Vermont facility to a new facility in nearby Middlesex, Vermont. It had been in... View Details
Keywords: Entrepreneurship; Capital; Risk Management; Expansion
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Ruback, Richard, Royce Yudkoff, and Lisa Paige. "Red Hen Baking Company." Harvard Business School Teaching Note 214-043, October 2013. (Revised February 2019.)
  • March 2011 (Revised March 2017)
  • Case

Red Hen Baking Company

By: Richard S. Ruback and Royce Yudkoff
In 2007, the Red Hen Baking Company was deciding whether to move from its cramped and inefficient facility to a new facility. It had been in business about 8 years, and 2006 was the first year RHB realized a profit that was over $50,000. The added annual cost of the... View Details
Keywords: Entrepreneurship; Capital; Risk Management; Expansion
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Ruback, Richard S., and Royce Yudkoff. "Red Hen Baking Company." Harvard Business School Case 211-091, March 2011. (Revised March 2017.)
  • Profile

Margarita de la Piedra Carrillo

During her last year of university, Margarita interned at Citibank del Peru's Quality and Innovation area to streamline asset-based finance projects and "reduce workloads." After graduation, Margarita transferred to Credit View Details
  • 16 Mar 2023
  • Blog Post

HySynergy and Crossbridge Energy

“chicken-and-egg” problem: Every energy producer needs off-takers (buyers) and the cooperative strategy between HySynergy and Crossbridge Energy reduces the first-mover risk in order to spur investment from both parties. Additionally, our... View Details
  • 10 Jan 2005
  • What Do You Think?

Public Pension Reform: Does Mexico Have the Answer?

their twenties unfathomable." No one, however, supported individual decision making regarding investments. In Edward Hare's opinion, "The average Joe could get fleeced badly and find that he's still unprepared to finance his... View Details
Keywords: by James Heskett; Financial Services
  • 2009
  • Working Paper

Stock Price Fragility

By: Robin Greenwood and David Thesmar
We investigate the relationship between ownership structure of financial assets and non-fundamental risk. An asset is fragile if its owners collectively have to buy or sell. Such assets are susceptible to non-fundamental price movements. An asset can be fragile because... View Details
Keywords: Financial Liquidity; Stocks; Price; Market Transactions; Ownership; Risk and Uncertainty; United States
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Greenwood, Robin, and David Thesmar. "Stock Price Fragility." Harvard Business School Working Paper, No. 10-031, October 2009.
  • March 2002 (Revised June 2003)
  • Case

MAC Development Corporation

By: Richard G. Hamermesh and Colleen McCaffrey
Deals with MAC Development's efforts to develop a 41-acre site near Chicago. Reviews two years of efforts and highlights the remaining issues of: 1) gaining town approval for development and tax reductions, 2) meeting the bank's debt covenants, including finding a... View Details
Keywords: Risk Management; Taxation; Financial Instruments; Borrowing and Debt; Asset Pricing; Construction Industry; Chicago
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Hamermesh, Richard G., and Colleen McCaffrey. "MAC Development Corporation." Harvard Business School Case 802-140, March 2002. (Revised June 2003.)
  • January 2008
  • Background Note

Index Options

By: Joshua Coval and Erik Stafford
The goal of this simulation is to understand the patterns in index option prices that are not predicted by the Black-Scholes model. In particular, the simulation focuses on two properties of options prices. First, at-the-money implied volatilities from index options... View Details
Keywords: Volatility; Stock Options; Investment; Price; Profit; Risk Management; Mathematical Methods
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Coval, Joshua, and Erik Stafford. "Index Options." Harvard Business School Background Note 208-119, January 2008.
  • April 2024 (Revised August 2024)
  • Teaching Note

Silicon Valley Bank: Gone in 36 Hours

By: Jung Koo Kang, Krishna G. Palepu and Charles C.Y. Wang
Teaching Note for HBS Case No. 124-001. View Details
Keywords: Accounting Standards; Bank Runs; Financial Accounting; Financial Reporting; Social Media; Banks and Banking; Financing and Loans; Investment Portfolio; Interest Rates; Debt Securities; Risk and Uncertainty; Financial Statements; Risk Management; Financial Services Industry; United States
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Kang, Jung Koo, Krishna G. Palepu, and Charles C.Y. Wang. "Silicon Valley Bank: Gone in 36 Hours." Harvard Business School Teaching Note 124-096, April 2024. (Revised August 2024.)
  • January 2008
  • Teaching Note

Credit Risk: Valuing Risky Debt & CDOs (TN)

By: Joshua D. Coval and Erik Stafford
Teaching Note for [208111] and [208113]. View Details
Keywords: Price; Credit; Risk Management; Investment; Bonds; Borrowing and Debt; Decisions
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Coval, Joshua D., and Erik Stafford. "Credit Risk: Valuing Risky Debt & CDOs (TN)." Harvard Business School Teaching Note 208-112, January 2008.
  • 13 Oct 2010
  • First Look

First Look: October 13, 2010

and Collateralized Lending Authors:Jakub W. Jurek and Erik Stafford Abstract This paper develops a parsimonious static model for characterizing financing terms in collateralized lending markets. We characterize the systematic View Details
Keywords: Sean Silverthorne
  • 16 Jan 2007
  • First Look

First Look: January 16, 2007

  Working Papers"Don'ts" And "Do's": Insights from Experience In Mitigating Risks Of Western Investors In Post-Communist Countries Authors:Charalambos A. Vlachoutsicos and Paul R. Lawrence Abstract No abstract... View Details
Keywords: Martha Lagace
  • October 2012
  • Supplement

Hill Country Snack Foods Co., Spreadsheet for Students (Brief Case) (CW)

By: W. Carl Kester and Craig Stephenson
Keywords: United States; Debt Management; Retail Trade; Risk Management; Food; Capital Structure; Borrowing and Debt; Financial Strategy; Retail Industry; United States
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Kester, W. Carl, and Craig Stephenson. "Hill Country Snack Foods Co., Spreadsheet for Students (Brief Case) (CW)." Harvard Business School Spreadsheet Supplement 913-519, October 2012.
  • 18 Dec 2019
  • News

Thinking Smart About Numbers

brought into society. It also touched upon Desai’s earlier book, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return. Professor Mihir Desai talks about finance and his new book in New... View Details
Keywords: Margie Kelley
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