Financial Risk - Publications - Faculty & Research

15 Jun 2016
Research & Ideas

These VC Partners May Make Your Firm Less Innovative

a VC, it pays to do homework. Through social media and publicly available sources, there is more information than ever on what firms are investing in which companies, making the reputational risks for VCs investing in multiple competitors... View Details

Keywords: by Michael Blanding; Financial Services; Financial Services

02 Feb 2012
Op-Ed

Once a Castle, Home is Now a Debtors’ Prison

advantage of this maneuver is real: strategic defaulters save money. Sometimes they can rent a comparable home. But they risk a lower credit rating, which could bar them from buying another home for up to seven years. Understandably, most... View Details

Keywords: by Nicolas P. Retsinas; Financial Services; Financial Services; Financial Services

01 Jun 1998
News

Short Takes

HBS professor Michael Beer and Harvard University doctoral candidate Nancy Katz report on a survey of 205 executives from 30 countries in industries such as manufacturing, retail, and financial and professional services. The survey... View Details

Keywords: Orna Feldman and Caroline Chauncey

02 Jun 2011
What Do You Think?

Is it Time for a National Bankruptcy?

question this raises is which lenders, nations or commercial institutions? Shann Turnbull, citing some of his own work on the subject, argued that the risks of allowing insolvency "can no longer be reliably managed because they have... View Details

Keywords: by Jim Heskett

21 May 2019
News

Confronting the Future of Climate Change in the Midwest

world on which they ultimately depend,” said HBS professor Forest Reinhardt (MBA 1987), who moderated a panel focused on the impact of climate change as part of two panels at the event titled “Confronting Climate Change: Opportunities and View Details

Keywords: Agriculture

01 Dec 2008
News

Business at the Summit

contrast, “we cause disasters that happen to ourselves,” he said. But there’s a built-in tension between having the state protect businesses from failure and allowing financial evolution to take its course, resulting in moral hazard — the... View Details

Keywords: leadership; alumni events; Centennial; Business Schools & Computer & Management Training; Educational Services; Finance; Management

23 Aug 2004
Research & Ideas

Strategy for Small Fish

started developing them have ceased to exist as independent entities. In those cases in which the skills and capabilities that characterized new ecosystem domains were distinct enough to justify a truly focused strategy (for example, personal View Details

Keywords: by Marco Iansiti & Roy Levien

28 Aug 2014
Op-Ed

Government Can Do More to Unfreeze Small Business Credit

immediate impact of the financial crisis on small business and, second, driving economic recovery in the years following. Together, the three-the American Recovery and Reinvestment Act of 2009 (Recovery Act), the Small Business Jobs Act... View Details

Keywords: by Karen Mills; Banking

01 Dec 2008
News

Lesson from the Fall

where the rules are ambiguous (as in structured finance transactions) and the risks to reputation high (as in opaque financial reporting); Continuous monitoring of senior executives for evidence of what... View Details

Keywords: Malcolm S. Salter; Oil and Gas Extraction; Mining; Electric Power Generation, Transmission, Distribution; Utilities

01 Mar 2012
News

Capitalism’s New Agenda

and the environment. Interestingly (given that we interviewed them in late 2007 and early 2008), they were very concerned about the volatility and fragility of the financial markets. They thought the View Details

Keywords: Joseph L. Bower, Herman B. Leonard, and Lynn S. Paine; social activism; Occupy Wallstreet; Corporate Services; Finance

01 Dec 2003
News

HIV/AIDS and Business

social and financial cost of inaction is so high that standing by is not an option, particularly for multinational corporations doing business in countries with high infection rates. “AIDS places a dramatic spotlight on the question of... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services; Health, Social Assistance

05 Aug 2002
Research & Ideas

Five questions for Regina E. Herzlinger

"bonus" long-term policies that reward those who switch to healthy lifestyles. Insurers and providers will receive risk-adjusted payments, so the sick will become financially attractive enrollees and patients. With today's... View Details

Keywords: by Martha Lagace

06 Jan 2011
What Do You Think?

How Should Management Deal With “Anonymous”?

irony that our discussion of transparency, Wikileaks, and Anonymous was joined by nearly 20 percent of respondents under the cover of "anonymous"? What do they have to hide? What do you think? Original Article You've heard the advice that writing down... View Details

Keywords: by James L. Heskett

01 Dec 2013
News

Case Study: Citizen Buffett

need to design a financial strategy that supports your business strategy. Media General is a real-life example of topics that we cover in our finance curriculum such as valuation, financing, and risk... View Details

Keywords: Blagg, Deborah; Publishing Industries (except Internet); Information

August 2006
Article

Investor Sentiment and the Cross Section of Stock Returns

By: Malcolm Baker and Jeffrey Wurgler

We examine how investor sentiment affects the cross-section of stock returns. Theory predicts that a broad wave of sentiment will disproportionately affect stocks whose valuations are highly subjective and are difficult to arbitrage. We test this prediction by... View Details

Keywords: Behavioral Finance; Stocks; Investment Return; Forecasting and Prediction; Motivation and Incentives; Risk and Uncertainty; Volatility

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05 Mar 2013
First Look

First Look: March 5

emerging Asian markets. Paper: http://www.asiabusinessinsights.com/articles.html#sub_articles_E-commerce_in_Asia Issuer Quality and Corporate Bond Returns Authors:Greenwood, Robin, and Samuel G. Hanson Publication:Review of Financial... View Details

Keywords: Sean Silverthorne

Profile

Michael R. Bloomberg

only full-time job I’d ever had—a job I loved. But I never let myself look back, and the very next day I took a big risk and began my own company based on an unproven idea that nearly everyone thought would fail; making View Details

22 Feb 2022
News

A Focus on Latinx Entrepreneurs

studies in America, is used to overcoming challenges. “When we founded the company, the economy was contracting and no one wanted to take any risks. As it returned to some semblance of normal, people started feeling better about risks and... View Details

Keywords: Jennifer Gillespie

06 Sep 2005
Research & Ideas

The Best Place for Retirement Funds

interested in doing research on this topic? Daniel Bergstresser: My interest in asset location is both scientific and personal, in the sense that the topic matters for my own behavior. Leaving aside my personal financial stake, the topic... View Details

Keywords: by Ann Cullen

21 Jun 2011
First Look

First Look: June 21

results are consistent with an experimentation hypothesis in which tight monitoring of decisions leads to more control but less learning. An Evolutionary Approach to Financial History Author: Niall Ferguson Publication: Cold Spring Harbor... View Details