Publications

January 2011
Supplement

Matrix Capital Management (C)

By: Malcolm P. Baker and David Lane

Ben Balbale, a partner at hedge fund Matrix Capital, must decide whether to exit their investment in Rovi Corporation, a company with a diverse portfolio of patents used primarily for digital interactive guides. Rovi's shares are up over 50% from the time Balbale... View Details

Keywords: Public Ownership; Cash Flow; Management Analysis, Tools, and Techniques; Investment Funds; Financial Strategy; Valuation; Partners and Partnerships; Markets; Performance Efficiency; Patents; Stock Shares; Decisions; Financial Services Industry

September 2007
Supplement

Wells Fargo Convertible Bonds (CW)

By: Malcolm P. Baker and Elizabeth Kind

Keywords: Bonds; Financial Services Industry

February 2006 (Revised August 2006)
Case

Auctioning Morningstar

By: Malcolm P. Baker and James Quinn

Morningstar, a publisher of data and ratings for mutual fund investors, is considering an auction-based approach to the company's upcoming IPO, with management weighing the risks and benefits of the auction approach vs. a traditional underwritten offering. View Details

Keywords: Financial Strategy; Initial Public Offering; Stock Shares; Cost vs Benefits; Strategy; Auctions; Business or Company Management; Conflict of Interests; Publishing Industry

Educators

March 2005 (Revised August 2006)
Case

Siebel Systems: The Role of the CFO

By: Malcolm P. Baker and Lauren Barley

Mike Lawrie, the newly appointed CEO of Siebel Systems, considers a combination of growth and spending cuts to turn around the struggling software company. Focuses on the role of the chief financial officer, Ken Goldman, in corporate governance and compliance under... View Details

Keywords: Financial Management; Leading Change; Entrepreneurship; Job Design and Levels; Corporate Governance; Financial Strategy; Management Teams; Corporate Finance; Business and Shareholder Relations; Information Technology Industry

Educators

August 2003
Teaching Note

Pharmacyclics: Financing Research and Development (TN)

By: Malcolm P. Baker and Richard S. Ruback

Teaching Note for (9-201-056). View Details

Keywords: Pharmaceutical Industry; Medical Devices and Supplies Industry

16 Apr 2008
Lessons from the Classroom

Chris Christensen: Legend of the Classroom

say was extraordinary," Porter noted, "Chris spotted something" in his students. In 1968, Dean George P. Baker asked Christensen, whose courses were perennially... View Details

Keywords: by Deborah Blagg; Education

April 1993
Article

Hierarchies and Compensation: A Case Study

By: George P. Baker, Michael Gibbs and Bengt Holmstrom

Keywords: Compensation and Benefits

Article

The Wage Policy of a Firm

By: George P. Baker, Michael Gibbs and Bengt Holmstrom

Keywords: Policy; Business Ventures; Wages

Article

Market Interest in Nonfinancial Information

By: R. G. Eccles, Michael P. Krzus and George Serafeim

Market interest in nonfinancial (e.g., Environmental, Social, and Governance [ESG]) information, including data produced by the Carbon Disclosure Project (CDP), is growing. Using data from Bloomberg we analyze this interest from a variety of different perspectives, and... View Details

Keywords: Markets; Analytics and Data Science; Perspective; Environmental Sustainability; Social Issues; Corporate Disclosure; Projects; Interests

Article

Subjective Performance Measures in Optimal Incentive Contracts

By: George P. Baker, Robert Gibbons and Kevin J. Murphy

Keywords: Performance; Motivation and Incentives; Measurement and Metrics

02 Nov 2005
Conference Presentation

Wage Policies and Incentives to Invest in Firm-Specific Human Capital

By: George P. Baker, Nancy D. Beaulieu and Cristian Voicu

Keywords: Wages; Policy; Motivation and Incentives; Human Capital

June 2007
Case

Howard Schultz: Building Starbucks Community (B)

By: William W. George and Lance P. Pierce

Supplements the (A) case. View Details

Educators

06 Apr 2007
What Do You Think?

Will Market Forces Stop Global Warming?

Clearly, my effort to frame the discussion around just the third question failed. As George Olsen said, "A lot of the people posting to this discussion appear to have missed the point." But responses have prompted me to wonder... View Details

Keywords: by Jim Heskett; Energy; Utilities

03 Mar 2010
What Do You Think?

To What Degree Does “Identity” Affect Economic Performance?

economic success of countries like the U.S.? What do you think? To read more: George A. Akerlof and Rachel E. Kranton, Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being (Princeton, NJ: Princeton University... View Details

Keywords: by Jim Heskett

Article

Relational Contracts and the Theory of the Firm

By: George P. Baker, Robert Gibbons and Kevin J. Murphy

Keywords: Contracts; Theory; Business Ventures

Article

The Internal Economics of the Firm: Evidence from Personnel Data

By: George P. Baker, Michael Gibbs and Bengt Holmstrom

Keywords: Economics; Business Ventures