Borrowing And Debt - Publications - Faculty & Research

04 Dec 2013
Research & Ideas

The Fantastic Horizon: How to Invest in a New City

stress. Some federal governments are politically stymied—the United States, Brazil, and India, for example. Others, such as China, are out of borrowing capacity. In the absence of massive, long view,... View Details

Keywords: by John Macomber; Construction; Real Estate

March 1999 (Revised June 2005)
Case

Saevig Corporation

By: Henry B. Reiling and Mark Pollard

The taxpayer purchased land and later transferred it to a family controlled corporation in return for an earn out. When funds were eventually received, the IRS treated them as dividends, whereas the individual and corporate taxpayers contended they were sums paid on... View Details

Keywords: Investment Return; Debt Securities; Taxation; Outcome or Result; Financial Reporting; Family Business; Assets; Business and Stakeholder Relations

Citation

Educators

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27 Oct 2008
Lessons from the Classroom

Achieving Excellence in Nonprofits

Sean Silverthorne: What organizations are included in "social enterprise," and why do you define it in the way that you do? Herman "Dutch" Leonard: We include as a "social enterprise" any organization that... View Details

Keywords: by Sean Silverthorne

24 Jan 2017
First Look

First Look at New Research: January 24, 2017

January 2017 Review of Financial Studies Being Surprised by the Unsurprising: Earnings Seasonality and Stock Returns By: Chang, Tom Y., Samuel M. Hartzmark, David H. Solomon, and Eugene F. Soltes Abstract—We... View Details

Keywords: Sean Silverthorne

10 Dec 2020
Blog Post

A New Case at Harvard Business School Highlights the Real-World Issues for Latinx Considering an MBA

leaving that position to take on student debt is considerable. “You almost feel guilty about putting that idea in front of your family, who has perhaps been working their whole life to make the income that you're making as a 22-year old,”... View Details

18 Oct 2004
Research & Ideas

The Bias of Wall Street Analysts

those that are the most optimistic, on average. All else equal, managers would clearly favor hiring a brokerage with analysts that are the most optimistic about the firm's future prospects. Analysts are persistently overoptimistic in their forecasts for the firms... View Details

Keywords: by Ann Cullen; Financial Services

02 Feb 2010
First Look

First Look: Feb. 2

and Finance (forthcoming). (Also Harvard Business School Working Paper No. 05-053 and NBER Working Paper No. 13131.) Abstract The main arguments in favor of and against nominal... View Details

Keywords: Martha Lagace

04 Jun 2013
First Look

First Look: June 4

European banking sector, what decision should Crédit Agricole take regarding Emporiki? Through the example of this European cross-border acquisition the case looks at the Greek banking system before and during the unprecedented Greek... View Details

Keywords: Sean Silverthorne

April 1993
Teaching Note

Grupo Industrial Alfa, S.A.,1982 (TN)

By: Timothy A. Luehrman

Teaching Note for (9-292-008). View Details

Keywords: Cash Flow; Borrowing and Debt; Restructuring; Rights; Business Strategy; Negotiation; System; Business Conglomerates; Currency Exchange Rate; Energy Industry; Telecommunications Industry; Mexico

Citation

Purchase

23 Dec 2008
First Look

First Look: December 23, 2008

Examining mechanisms, we demonstrate that cognitive ability increases participation; however, and in contrast to previous research, financial literacy education does not affect decisions. We conclude by discussing how education may affect... View Details

Keywords: Martha Lagace

17 Oct 2011
Research & Ideas

How ‘Hybrid’ Nonprofits Can Stay on Mission

the number of active borrowers plummeted, and the profit margin dropped, too. "They basically had to deal with conflict that became intractable," Battilana says. Los Andes's launch in 1995 came three years... View Details

Keywords: by Carmen Nobel

04 Oct 2007
What Do You Think?

Has Managerial Capitalism Peaked?

private equity management were oversold companies taken over by private equity groups have been stripped of their assets and hold unsustainable debt burdens." Gerald Nanninga, in lamenting the decline... View Details

Keywords: by Jim Heskett

24 Jul 2013
Op-Ed

Detroit Files for Bankruptcy: HBS Faculty Weigh In

of its post-civil war reconstruction. When Liberia emerged from a decade-and-a-half of war, fiscal obligations were several times higher than income. Its new leaders were able to restructure the country's commercial debt (to three cents... View Details

Keywords: by John Macomber, Robert C. Pozen, Eric D. Werker & Benjamin Kennedy; Auto

03 Nov 2016
Op-Ed

Forget About Making College Affordable; Make it a Good Investment

about $29,000, or about two years’ worth of the average young college graduate’s wage premium over a high school grad. A course of study and internships that lead to a college-level job usually will yield returns sufficient to prevent... View Details

Keywords: by Joseph Fuller; Education

11 Oct 2022
Research & Ideas

Shrinking the Racial Wealth Gap, One Mortgage at a Time

“Loan officers seem to be having an important influence on mortgage outcomes.” “Loan officers seem to be having an important influence on mortgage outcomes,” Sunderam says. “The most surprising finding in the paper is the fact that minority officers are approving more... View Details

Keywords: by Rachel Layne; Financial Services

06 Oct 2015
First Look

October 6, 2015

paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=49779 Home Equity Finance and Entrepreneurial Performance—Evidence from a Mortgage Reform By: Jensen, Thais Laerkholm, Søren Leth-Petersen, and Ramana... View Details

Keywords: Sean Silverthorne

06 Feb 2023
Blog Post

Meet the Black Investment Club

companies, a sale of a health care portfolio company, and several debt refinancings to facilitate portfolio company growth. This summer, Akapelwa expanded on his financial services experience at Kohlberg... View Details

Keywords: Private Equity; Venture Capital; Investment Management / Hedge Fund

04 Nov 2008
First Look

First Look: November 4, 2008

Working PapersBarriers to Acting in Time on Energy and Strategies for Overcoming Them Author:Max H. Bazerman No abstract is available at this time. Download the paper: http://www.hbs.edu/research/pdf/09-063.pdf Fear of Rejection? Tiered... View Details

Keywords: Martha Lagace

March 2010
Teaching Note

Rosetree Mortgage Opportunity Fund (TN)

By: Victoria Ivashina and Andre F. Perold

Teaching Note for [209088]. View Details

Keywords: Financial Crisis; Crisis Management; Capital; Mortgages; Mergers and Acquisitions; Valuation; Borrowing and Debt; Cash Flow; Bids and Bidding; Financing and Loans; Restructuring; Financial Markets; United States

Citation

Purchase

May 1985 (Revised November 1990)
Case

Spinnaker Software Corp.

By: Howard H. Stevenson

Describes the problems faced by a company that has experienced remarkable growth, but growth which is below projections. The management must evaluate the company's position in the turbulent software industry. The two partners must then decide whether to cut back to... View Details

Keywords: Decisions; Borrowing and Debt; Insolvency and Bankruptcy; Profit; Growth and Development; Growth and Development Strategy; Problems and Challenges; Software; Information Technology Industry

Citation

Educators

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