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  • All HBS Web  (16,181)
    • People  (30)
    • News  (3,628)
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  • November 2023
  • Article

A Quantity-Driven Theory of Term Premia and Exchange Rates

By: Robin Greenwood, Samuel G. Hanson, Jeremy C. Stein and Adi Sunderam
We develop a model in which specialized bond investors must absorb shocks to the supply and demand for long-term bonds in two currencies. Since long-term bonds and foreign exchange are both exposed to unexpected movements in short-term interest rates, a shift in the... View Details
Keywords: Term Premium; Exchange Rate; Currency Exchange Rate; Bonds
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Greenwood, Robin, Samuel G. Hanson, Jeremy C. Stein, and Adi Sunderam. "A Quantity-Driven Theory of Term Premia and Exchange Rates." Quarterly Journal of Economics 138, no. 4 (November 2023): 2327–2389.
  • 11 Jan 2014
  • Conference Presentation

Towards a Contingency Theory of Enterprise Risk Management

By: Anette Mikes
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Mikes, Anette. "Towards a Contingency Theory of Enterprise Risk Management." Paper presented at the American Accounting Association, Management Accounting Section Research and Case Conference, American Accounting Association, Orlando, FL, January 11, 2014.
  • 2005
  • Working Paper

The Cycles of Theory Building in Management Research

By: Paul R. Carlile and Clayton M. Christensen
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Carlile, Paul R., and Clayton M. Christensen. "The Cycles of Theory Building in Management Research." Harvard Business School Working Paper, No. 05-057, February 2005.
  • 2024
  • Working Paper

What Is Newsworthy? Theory and Evidence

By: Luis Armona, Matthew Gentzkow, Emir Kamenica and Jesse M. Shapiro
We study newsworthiness in theory and practice. We focus on situations in which a news outlet observes the realization of a state of the world and must decide whether to report the realization to a consumer who pays an opportunity cost to consume the report. The... View Details
Keywords: News; Mathematical Methods; Prejudice and Bias; Media and Broadcasting Industry
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Armona, Luis, Matthew Gentzkow, Emir Kamenica, and Jesse M. Shapiro. "What Is Newsworthy? Theory and Evidence." NBER Working Paper Series, No. 32512, May 2024.
  • 1982
  • Chapter

On the Microeconomic Theory of Investment under Uncertainty

By: Robert C. Merton
Keywords: Microeconomics; Investment; Risk and Uncertainty; Risk Management
Citation
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Merton, Robert C. "On the Microeconomic Theory of Investment under Uncertainty." In Handbook of Mathematical Economics. Vol. 2, edited by K. Arrow and M. Intriligator. Amsterdam: North-Holland Publishing Company, 1982.
  • 27 Nov 2013
  • Conference Presentation

Towards a Contingency Theory of Enterprise Risk Management

By: Anette Mikes
Citation
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Mikes, Anette. "Towards a Contingency Theory of Enterprise Risk Management." Paper presented at the Management Control Seminar, Université de Lausanne, Ecole des hautes études commerciales, Lausanne, Switzerland, November 27, 2013.
  • July 2005 (Revised February 2007)
  • Background Note

Principles of Family Business System Change

By: John A. Davis
Identifies several practical principles to keep in mind when changing a family business system. View Details
Keywords: Family Business; Change Management; Organizational Change and Adaptation
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Davis, John A. "Principles of Family Business System Change." Harvard Business School Background Note 806-011, July 2005. (Revised February 2007.)
  • 2005
  • Working Paper

Silent Saboteurs: How Implicit Theories of Voice Inhibit the Upward Flow of Knowledge in Organizations

By: James R. Detert and Amy C. Edmondson
This article examines, in a series of three studies, how people working in organizational hierarchies wrestle with the challenge of upward voice. We first undertook in-depth exploratory research in a knowledge-intensive multinational corporation in which employee input... View Details
Keywords: Prejudice and Bias; Working Conditions; Knowledge Management; Attitudes; Organizational Culture
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Detert, James R., and Amy C. Edmondson. "Silent Saboteurs: How Implicit Theories of Voice Inhibit the Upward Flow of Knowledge in Organizations." Harvard Business School Working Paper, No. 06-024, December 2005. (Revised October 2006, December 2008.)
  • July 2024 (Revised May 2025)
  • Teaching Note

Leading Culture Change at Microsoft Western Europe

By: Amy C. Edmondson and Catherine Huang
This teaching plan is designed to be used in conjunction with the case study “Leading Culture Change at Microsoft Western Europe,” HBS No. 624-096, to help faculty deepen student understanding of psychological safety and organizational culture transformation through... View Details
Keywords: Culture Change; General Management; Psychological Safety; Leadership; Transformation; Organizational Culture; Problems and Challenges; Groups and Teams; Business or Company Management; Technology Industry; Europe
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Edmondson, Amy C., and Catherine Huang. "Leading Culture Change at Microsoft Western Europe." Harvard Business School Teaching Note 624-103, July 2024. (Revised May 2025.)
  • 2010
  • Chapter

Advancing Leadership Theory and Practice

By: Rakesh Khurana and Nitin Nohria
More than a means of getting ahead and gaining power, leadership must be understood as a serious professional and personal responsibility. In this introductory chapter, editors Nitin Nohria, the dean of Harvard Business School, and Rakesh Khurana, a professor of... View Details
Keywords: Leadership; Practice; Research; Theory
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Khurana, Rakesh, and Nitin Nohria. "Advancing Leadership Theory and Practice." Chap. 1 in Handbook of Leadership Theory and Practice, edited by Nitin Nohria and Rakesh Khurana. Harvard Business Press, 2010.
  • May–June 2000
  • Article

Cracking the Code of Change

By: Michael Beer and Nitin Nohria
Keywords: Change
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Beer, Michael, and Nitin Nohria. "Cracking the Code of Change." Harvard Business Review 78, no. 3 (May–June 2000): 133–141.
  • 1972
  • Chapter

The Foundation and Current State of Capital Market Theory

By: Michael C. Jensen
Keywords: Capital Markets; Theory
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Jensen, Michael C. "The Foundation and Current State of Capital Market Theory." In Studies in the Theory of Capital Markets, edited by M. C. Jensen. New York: Praeger, 1972.
  • May 2018
  • Article

The Changing Craft of Selling

By: Frank V. Cespedes and Tiffani Bova
This article draws on two surveys: one with more than 3,100 sales professionals about trends affecting the role(s) of sales in their companies, and the other with over 7,000 consumer and business buyers about their expectations when dealing with sales people. The... View Details
Keywords: Sales; Change; Trends; Performance Effectiveness
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Cespedes, Frank V., and Tiffani Bova. "The Changing Craft of Selling." Top Sales Magazine (May 2018), 16–19.
  • February 2021
  • Tutorial

T-tests: Theory and Practice

By: Michael Parzen, Natalie Epstein, Chiara Farronato and Michael Toffel
This video provides an introduction to hypothesis testing, sampling, t-tests, and p-values. It provides examples of A/B testing and t-testing to assess whether difference between two groups are statistically significant. This video can be assigned in conjunction with... View Details
Keywords: Data Analysis; Data Analytics; Experiment Design; Experimentation; Analytics and Data Science; Analysis
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Parzen, Michael, Natalie Epstein, Chiara Farronato, and Michael Toffel. T-tests: Theory and Practice. Harvard Business School Tutorial 621-707, February 2021.
  • Working Paper Summaries

A Quantity-Driven Theory of Term Premia and Exchange Rates

Keywords: by Robin Greenwood, Samuel G. Hanson, Jeremy C. Stein, and Adi Sunderam
  • 24 Sep 2014
  • Research & Ideas

The Business of Climate Change

members of the School's Business and Environment Initiative. The common theme: Why business leaders need to address the stubbornly touchy topic of climate change. Take A Trim Tab Approach To Climate View Details
Keywords: Re: Multiple Faculty; Energy; Utilities
  • February 2013 (Revised April 2013)
  • Case

Monique Leroux: Leading Change at Desjardins

By: Rosabeth Moss Kanter and Ai-Ling Jamila Malone
Monique Leroux led a major transformation, overcoming resistance, at a large Canadian financial cooperative based in Quebec that competed with top Canadian banks. Leroux was elected in 2008 as Chairman, President, and CEO of Desjardins Group. In order to compete... View Details
Keywords: Change Barriers; Leadership; Women And Leadership; Cooperatives; Social Enterprise; Financial Firms; Communication Strategy; Change Management; Transformation; Communication; Financial Services Industry; Canada
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Kanter, Rosabeth Moss, and Ai-Ling Jamila Malone. "Monique Leroux: Leading Change at Desjardins." Harvard Business School Case 313-107, February 2013. (Revised April 2013.)
  • November 2008 (Revised March 2018)
  • Case

Transformation of COFCO in a Changing Environment

By: Ray A. Goldberg and Kefei Yang
China's COFCO, the country's leading edible oil and food importer and exporter and its largest food manufacturer, had in its 50-plus years of operation undergone four stages of transformation and was about to embark on a fifth. The global agriculture system was... View Details
Keywords: Food; Leadership; Change Management; Transformation; Globalization; Organizational Change and Adaptation; Food and Beverage Industry; China
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Goldberg, Ray A., and Kefei Yang. "Transformation of COFCO in a Changing Environment." Harvard Business School Case 909-403, November 2008. (Revised March 2018.)
  • 2017
  • Article

The Energizing Nature of Work Engagement: Toward a New Need-Based Theory of Work Motivation

By: Paul Green, Eli Finkel, Grainne Fitzsimons and Francesca Gino
We present theory suggesting that experiences at work that meet employees’ expectations of need fulfillment drive work engagement. Employees have needs (e.g., a desire to be authentic) and they also have expectations for how their job or their organization will fulfill... View Details
Keywords: Needs; Motivation; Work Engagement; Disengagement; Authenticity; Self-Expression; Employees; Motivation and Incentives; Behavior; Human Needs
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Green, Paul, Eli Finkel, Grainne Fitzsimons, and Francesca Gino. "The Energizing Nature of Work Engagement: Toward a New Need-Based Theory of Work Motivation." Research in Organizational Behavior 37 (2017): 1–18.
  • 2000
  • Book

Breaking the Code of Change

By: Michael Beer and Nitin Nohria
Keywords: Change
Citation
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Beer, Michael and Nitin Nohria, eds. Breaking the Code of Change. Boston: Harvard Business School Press, 2000.
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