Publications

SSRN

29 Jul 2008
First Look

First Look: July 29, 2008

use oil price fluctuations to construct a new instrument to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous variation in... View Details

Keywords: Martha Lagace

23 Feb 2015
Research & Ideas

How to Break the Expert’s Curse

hand and forming chords with the right. This was the "rediscovery" group. The idea came from Zhang's personal experience. "I used to play the violin," she explains. "During orchestra practice, sometimes we would turn around our View Details

Keywords: by Carmen Nobel; Education

22 Nov 2011
First Look

First Look: November 22

conditions in 1994 to instrument for incumbent conditions in 2000-2005. The results highlight that the traits of business owners in incumbent industrial structures influence the types of entrepreneurs supported. Download the paper:... View Details

Keywords: Sean Silverthorne

24 Oct 2006
First Look

First Look: October 24, 2006

fail to focus on a variety of situation-specific (or customer account-specific) factors. We also urge vendors to go beyond just a descriptive tact focusing on the means of these variables, and to study their impact on response coefficients that reflect customer... View Details

Keywords: Sean Silverthorne

19 Aug 2021
News

A Letter to My White Friends and Colleagues

foundational keys to creating any type of wealth is to own a home and Black-owned banks have always been instrumental in helping Black people do that. But we also know that Black-owned banks have suffered because Black-owned banks, unlike... View Details

21 Apr 2011
Research & Ideas

Searching for Better Practices in Social Investing

executive at eBay. "We live in a world where entrepreneurship drives massive change in the private sector, and we feel that can be true in the social sector." The Leadership Challenge As is the case with venture capitalists, venture philanthropists are often... View Details

Keywords: by Carmen Nobel; Financial Services

July 2010
Teaching Note

Monmouth, Inc. (Brief Case)

By: Thomas R. Piper and Heide Abelli

Teaching Note for 4226. View Details

Keywords: Competitive Bidding; Forecasting; Stock Offerings; Mergers ＆ Acquisitions; Valuation, Margins; Stocks; Valuation; Mergers and Acquisitions; Forecasting and Prediction; Bids and Bidding

October 2001 (Revised January 2002)
Case

OAO YUKOS Oil Company

By: Malcolm S. Salter and Joshua N. Rosenbaum

This case presents the history and current position of Russia's second-largest oil company, YUKOS, as it seeks listing on the NYSE as an ADR and attempts to rid itself from a punishing "governance discount" by the capital markets. This is a company with a history of... View Details

Keywords: Stocks; Capital Markets; Corporate Governance; Developing Countries and Economies; Energy Sources; Energy Industry; Russia

February 1992 (Revised September 1995)
Case

Goldman, Sachs & Co.: Nikkei Put Warrants--1989

By: Peter Tufano

Japanese financial institutions' willingness to sell put options on the Nikkei Stock Average provides investment banks with the raw material from which to create a security that would allow U.S. investors to bet on falls in the Japanese Stock Market. The investment... View Details

Keywords: Debt Securities; Investment Banking; Product Design; Globalized Markets and Industries; Japan; United States

December 2002 (Revised October 2013)
Case

Williams, 2002

By: Joshua Coval, Robin Greenwood and Peter Tufano

Williams, a Tulsa, Oklahoma-based firm in various energy businesses, must decide whether to accept a financing package offered by Berkshire Hathaway and Lehman Brothers. The proposed one-year credit facility would provide the firm with financial resources in a... View Details

Keywords: Financial Management; Crisis Management; Credit; Capital Structure; Financial Strategy; Financing and Loans; Financial Instruments; Energy Industry; United States

December 1999 (Revised April 2012)
Background Note

Earnings Per Share

By: David F. Hawkins

Discusses accounting rules for earnings per share measurement. The U.S. approach is described in detail and non-U.S. practices are briefly covered. A rewritten version of an earlier note. View Details

Keywords: Business Earnings; Stock Shares; Profit; Governing Rules, Regulations, and Reforms; Measurement and Metrics; United States