The Great Divergence - Publications - Faculty & Research

Blog

Lessons from Jazz in the Live Online Classroom

the many ways that HBS faculty incorporate program elements that prompt executives to think about business and their role as leaders in a new way. With colorful stories of jazz greats like Davis, Sonny... View Details

03 Apr 2018
News

Taking Frontier Markets to the Next Level

opportunities for positive social impact. “I came to HBS from the Marine Corps. In my Marine Corps experience, I spent several years in Iraq working in counterinsurgency, and from those experiences I became very interested in economic... View Details

31 Jan 2007
HBS Case

When Good Teams Go Bad

What could better symbolize high-level business performance than an eight-oared crew team rowing in perfect unison, their boat powered by a selfless collaboration of strength, skill, and shared purpose? It's no wonder that advertisers love to use this image to depict... View Details

Keywords: by Garry Emmons

November 2011
Article

Ownership Structure and Financial Constraints: Evidence from a Structural Estimation

By: Chen Lin, Yue Ma and Yuhai Xuan

This article examines the impact of the divergence between corporate insiders' control rights and cash-flow rights on firms' external finance constraints via generalized method of moments estimation of an investment Euler equation. Using a large sample of U.S.... View Details

Keywords: Ownership; Social Enterprise; Reputation; Cash Flow; Annuities; Investment; Investment Funds; Financial Reporting; Accounting Audits; Financial Services Industry; United States

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19 Jun 2017
News

Can Neuroscience Find You the Perfect Job?

potentially could make a great consultant, what potentially could make a great entrepreneur. What made me take the test and say that it was 90% sure I was a writer? What are... View Details

Blog

Inside the Learning: Sustainability—on Campus and Beyond

make each of the key HBS Executive Education facilities greener, healthier places: Esteves Hall, McArthur Hall, Tata Hall. You can rest assured that the Harvard dining services team strives to deliver meals... View Details

06 Aug 2020
Research & Ideas

Who Will Give You the Best Professional Guidance?

or quarterly, but if the chemistry is strong, it can be a powerful partnership that’s well worth the money and time. My dear friend Steve Schlafman has great advice here on how... View Details

Keywords: by Julia B. Austin

24 Jul 2019
Blog Post

Growing the Seeds of an Early-Stage Startup

personally blending and packaging the pilot batch. The chasm between small batch and bulk production is very real, and we have to be creative to optimize investment until we get to sufficient scale. I have... View Details

Keywords: Entrepreneurship; Consumer Products / Retail

Blog

Understanding the Benefits of Our Virtual Programs

stories and painful lessons learned are worth their weight in gold. A great many of these would have been missing on campus. NO: The virtual classroom was amazing! It felt like you were engaging in a genuine... View Details

16 Apr 2007
Research & Ideas

Delivering the Digital Goods: iTunes vs. Peer-to-Peer

isolation is of great interest, we believe that the analysis of interactions between business models can highlight important hidden insights. In this paper, for example, we show that contrary to View Details

Keywords: by Sean Silverthorne; Music

14 Nov 2019
Book

Lifting the Lid on Turkey's Hidden Business History

was highly constrained by the Great Powers of Europe. This resulted in considerable distortions on the economy and society. For example, special legal privileges were given to... View Details

Keywords: by Sean Silverthorne

01 Feb 2001
News

The Road Taken: One Family's Worldly Adventure

Simon cautions, "First, recognize that this is a family trip, not just a trip for you and your spouse. It has to be oriented toward everyone. If you plan to have a great time with your kids, then it will work." View Details

Keywords: Margie Kelley

April 2012
Article

Corporate Ownership Structure and Bank Loan Syndicate Structure

By: Chen Lin, Yue Ma, Paul Malatesta and Yuhai Xuan

Using a novel data set on corporate ownership and control, we show that the divergence between the control rights and cash-flow rights of a borrowing firm's largest ultimate owner has a significant impact on the concentration and composition of the firm's loan... View Details

Keywords: Ownership; Financing and Loans; Cash Flow; Borrowing and Debt; Accounting; Crisis Management; Relationships; Law; Contracts; Banking Industry

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23 Jan 2019
Blog Post

The First Five Years: '30 under 30' Edition

checked my email, and saw a message from the editor of Forbes welcoming me to the “30 Under 30.” I immediately shared the good news with my family and had a View Details

10 Mar 2002
Research & Ideas

Breakthrough Negotiation: Don’t Leave It On the Table

In a new book, Breakthrough International Negotiation: How Great Negotiators Transformed the World's Toughest Post-Cold War Conflicts, Harvard Business School professor Michael Watkins dissects View Details

Keywords: by Michael Watkins

15 Sep 2015
News

Easing the Costs of Saving a Child

more than 300 children in orphanages across the United States and in 35 countries. “There is a great need among middle-income families – postmen, teachers, pastors – who have View Details

Keywords: Jill Radsken

27 Nov 2017
Blog Post

Joining a Start-up: 10 Lessons Along the Way

point... 9. I am going to fail at something and that's okay.In an early-stage start-up, I am a generalist, not a specialist, and in the range of things I work on, there are definitely a couple things that I won't be View Details

Keywords: Entrepreneurship; Consumer Products / Retail

31 May 2017
What Do You Think?

Can Amazon Do What Walmart Couldn’t, Stop the 'Wheel of Retailing'?

retailing? What do you think? References: James L. Heskett, W. Earl Sasser, Jr., and Leonard A. Schlesinger, “Leading for the Future of Services,” Chapter 8 in What Great Service Leaders Know & Do... View Details

Keywords: by James Heskett; Retail

31 Jan 2017
Research & Ideas

The Dow at 20,000: What's That All About?

Dow. They want a broader exposure. After all, they would like to be able to invest in the next Apple before it becomes a great success. Do you think there’s a Dow 30,000 sometime in View Details

Keywords: by Jim Aisner

17 Sep 2001
Research & Ideas

Is There Help for the Big Ticket Buyer?

Bazerman The consumer decision-making literature has paid great attention to the information processing and decision making (or choice) of consumers. In View Details

Keywords: by Max H. Bazerman

Publications