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Show Results For
- All HBS Web
(1,932)
- People (1)
- News (319)
- Research (1,367)
- Events (3)
- Multimedia (12)
- Faculty Publications (941)
- December 2005 (Revised April 2007)
- Case
Flagstar Companies, Inc. (Abridged)
By: Stuart C. Gilson
A large restaurant chain undergoes a leveraged buyout and subsequent recapitalization. Financial and operating problems at the company force it to consider various restructuring options, including a prepackaged Chapter 11 exchange offer to its public bondholders. Two... View Details
Keywords: Leveraged Buyouts; Restructuring; Capital; Insolvency and Bankruptcy; Debt Securities; Competition; Valuation; Financial Services Industry; United States
Gilson, Stuart C. "Flagstar Companies, Inc. (Abridged)." Harvard Business School Case 206-076, December 2005. (Revised April 2007.)
- 15 Dec 2020
- Blog Post
MBA Voices Blog: A Year in Review
thinking debt was unequivocally bad. Many people in my life discussed student loans negatively as if they were sure to become an insurmountable burden. With that in mind, I attended the college that awarded me the best scholarship View Details
- 01 Mar 2008
- News
Rowin’ on the River
(HBS ’09), Crystal Cline Halbmaier, Courtney Hughes, and Erika Mills (all HBS ’08). Despite having only five practice sessions and rowing in a borrowed shell, the women... View Details
- 07 Sep 2011
- First Look
First Look: Sept. 7
hard to quantify in the time-series. While loan issuance falls in recessions, it is not clear if this is due to demand or supply. We address this question by studying firms' substitution between bank debt View Details
Keywords: Sean Silverthorne
- 02 Apr 2015
- Research & Ideas
Digital Initiative Summit: Who Has the Power in the Music Industry?
The music industry likes power. Power chords, power ballads, even Towers of Power. The balance of power in the industry, however, has been completely upset with the advent and rapid proliferation of digital music. Who calls the shots... View Details
- 30 Mar 2010
- First Look
First Look: March 30
disproportionately affected by international financial integration. Download the paper: http://www.hbs.edu/research/pdf/07-012.pdf Nominal versus Indexed Debt: A Quantitative Horse Race Authors:Laura Alfaro and Fabio Kanczuk Abstract The... View Details
Keywords: Sean Silverthorne
- 03 Jun 2014
- First Look
First Look: June 3
educational products to primary and secondary schools in the United States. The company planned to file Chapter 11 in order to address its excessive debt load but needed to arrange debtor in possession... View Details
Keywords: Sean Silverthorne
- 2007
- Chapter
Behavioral Corporate Finance: A Survey
By: Malcolm Baker, Richard Ruback and Jeffrey Wurgler
Research in behavioral corporate finance takes two distinct approaches. The first emphasizes that investors are less than fully rational. It views managerial financing and investment decisions as rational responses to securities market mispricing. The second approach... View Details
Keywords: Decisions; Prejudice and Bias; Debt Securities; Financial Management; Price; Theory; Investment; Problems and Challenges; Behavioral Finance; Corporate Finance
Baker, Malcolm, Richard Ruback, and Jeffrey Wurgler. "Behavioral Corporate Finance: A Survey." In The Handbook of Corporate Finance, Volume 1: Empirical Corporate Finance, edited by Espen Eckbo. New York: Elsevier/North-Holland, 2007.
- 21 Aug 2007
- First Look
First Look: August 21, 2007
do with an East Coast distribution center that is losing money but may be useful strategically. Purchase this case: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=807061 Prosper Marketplace, Inc. Harvard Business School Case 807-074 Describes a set of... View Details
Keywords: Martha Lagace
- 09 Mar 2010
- First Look
First Look: March 9
abstract is unavailable at this time. Download the paper: http://hbr.org/2010/03/bold-retreat/ar/1 Lawsuits and Empire: On the Enforcement of Sovereign Debt in Latin America Authors:Laura Alfaro, Noel... View Details
Keywords: Martha Lagace
- 14 Jun 2016
- First Look
June 14, 2016
https://www.hbs.edu/faculty/Pages/item.aspx?num=50814 Fiscal Rules and Sovereign Default By: Alfaro, Laura, and Fabio Kanczuk Abstract—We provide a quantitative analysis of fiscal rules in a standard model of... View Details
Keywords: Sean Silverthorne
- 01 Mar 2023
- News
The Exchange: Micro Management
inclusion; and perhaps the fact that there are new borrowers who are taking loans and repaying them is evidence enough that this sector has had enormous impact. But another... View Details
- 19 Mar 2007
- Research & Ideas
Handicapping the Best Countries for Business
(Italy), demographic and entrepreneurial problems (Japan), or excessive consumption and debt problems (USA). Q: One of the surprises I had in reading the book was your... View Details
Keywords: by Sean Silverthorne
- October 2012
- Article
Securitization without Adverse Selection: The Case of CLOs
By: Effi Benmelech, Jennifer Dlugosz and Victoria Ivashina
In this paper, we investigate whether securitization was associated with risky lending in the corporate loan market by examining the performance of individual loans held by CLOs. We employ two different datasets that identify loan holdings for a large set of CLOs and... View Details
Keywords: Personal Finance; Performance; Markets; Banks and Banking; Debt Securities; Investment Portfolio; Financing and Loans
Benmelech, Effi, Jennifer Dlugosz, and Victoria Ivashina. "Securitization without Adverse Selection: The Case of CLOs." Journal of Financial Economics 106, no. 1 (October 2012): 91–113.
- 05 Oct 2009
- Research & Ideas
The Vanguard Corporation
customers even though they screened out clients with environmentaly shaky projects. So despite having stringent standards for potential borrowers to meet, and stringent standards for employees, Banco Real... View Details
Keywords: by Sean Silverthorne
- 18 Dec 2007
- First Look
First Look: December 18, 2007
increases repayment rates, as borrowers anticipate that a good credit record improves their access to credit. This incentive effect of information sharing is substantial when repayment is not third party enforceable View Details
Keywords: Martha Lagace
- 06 Dec 2006
- Op-Ed
India Needs to Encourage Trade with China
Everyone points out that China-India bilateral trade, at roughly $19 billion in 2005, is a far cry from the $2 billion in 1999. Indeed, the increase is to be celebrated. Chinese President Hu Jintao's current visit to New Delhi cements the diplomatic View Details
Keywords: by Tarun Khanna
- July 2006
- Case
Citigroup: Euro Zone Bond Trading (A)
By: Lynn S. Paine, Christopher Bruner and Aldo Sesia
Describes the development and execution of a bond trading strategy by a London-based team of Citigroup eurozone bond traders. The trades, which involved two of Europe's leading electronic trading platforms, gave rise to a European-wide controversy over the traders'... View Details
- 08 Jul 2008
- First Look
First Look: July 8, 2008
http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=208088 Collateralized Debt Obligations (CDOs) Harvard Business School Note 208-113 This lesson integrated Merton's (1974) contingent claims model of View Details
Keywords: Martha Lagace
- 17 Nov 2009
- First Look
First Look: Nov. 17
large borrowers fell by 47% during the peak period of the financial crisis (fourth quarter of 2008) relative to the prior quarter and by 79% relative to the peak of the credit boom (second quarter of 2007).... View Details
Keywords: Martha Lagace