Stocks - Publications - Faculty & Research

13 Feb 2020
Book

Open Your Organization to Honest Conversations

in GE, spurring the company’s stock price to dive from a high of $55 in 2002 to a dismal $12 in early 2020. “People who are this discouraged stop bothering to collaborate with others to improve the organization." Most companies fail in... View Details

Keywords: by Dina Gerdeman

Forthcoming
Article

Half the Firms, Double the Profits: Public Firms' Transformation, 1996–2022

By: Mark J. Roe and Charles C.Y. Wang

The number of public firms in the United States has halved since the beginning of the twenty-first century, causing consternation among corporate and securities law regulators. The dominant explanations, often advanced by Securities and Exchange commissioners when... View Details

Keywords: Corporate Law; Securities Regulation; Sarbanes-Oxley Act; Concentration Levels; Antitrust; Initial Public Offering; Public Ownership; Private Equity; Venture Capital; Mergers and Acquisitions; Monopoly; United States

Citation

SSRN

01 Oct 1999
News

Banking on Success

of change. The unprecedented flood of mergers and acquisitions, the advent of the global marketplace, the stock market's dizzying rise, and the capricious fortunes of technology-based companies have made financial services a fascinating... View Details

Keywords: Deborah E. Blagg

13 May 2010
Working Paper Summaries

Just Say No to Wall Street: Putting A Stop to the Earnings Game

Keywords: by Joseph Fuller & Michael C. Jensen; Financial Services

07 May 2013
First Look

First Look: May 7

the form of an employee stock ownership plan (ESOP). Initially, Nate ran the business and after a few years changed roles with Julia to stay at home with their young children for three years. The two were in charge as co-CEOs before Julia... View Details

Keywords: Carmen Nobel

01 Jan 2011
News

Seth Klarman, MBA 1982

served him — and others — well. His approach relies primarily on research and discipline. "Value investing, the strategy of buying stocks at an appreciable discount from the value of the underlying businesses, is one strategy that... View Details

09 Nov 2023
Blog Post

The No. 1 Character Trait You Will Need to Succeed in Business

moments when they had to summon their resolve to fight back against, for example, short-term moves that would lift the company’s stock price at the expense or its overall health or that would cause permanent damage to the environment.... View Details

22 May 2018
First Look

New Research and Ideas, May 22, 2018

However, high purpose firms come in two forms: firms that are characterized by high camaraderie between workers and firms that are characterized by high clarity from management. We document that firms exhibiting both high purpose and clarity have systematically higher... View Details

Keywords: Dina Gerdeman

05 Mar 2009
What Do You Think?

How Frank or Deceptive Should Leaders Be?

number of indicators, not the least of which is the stock market. What's the fine line that leaders have to walk between transparency and candor on the one hand and the need to create self-fulfilling prophecies and confidence through... View Details

Keywords: by Jim Heskett

Research Summary

Current Research

Information Dissemination in Capital Markets

Seeking to bridge economic theory and the role of individuals, Professor Brochet researches the transmission of information in capital markets. He has investigated the effects of information... View Details

Web

Baker Library / Bloomberg Center | About

Internet service. The space also houses some historical treasures for the School, including the Written Analysis of Cases slot; the Baker 20 case distribution center; a rendering of the original Baker Library stacks and grille; and an original booth from the New York... View Details

16 Jul 2007
Research & Ideas

Understanding the ‘Want’ vs. ’Should’ Decision

choice to vote. Katy is also pursuing a study of the earnings forecasts made by sell-side stock analysts. Along with John, she is examining biases in the way analysts update their earnings forecasts in response to new information. View Details

Keywords: by Sarah Jane Gilbert; Retail; Entertainment & Recreation

06 Oct 2003
Research & Ideas

The Problem with Hedge Funds

invested in stocks or in a mutual fund, and as stock prices rose so did his or her account, and when they fell, so did his or her account. With hedge funds money is going to be made, and lost, in arcane... View Details

Keywords: by D. Quinn Mills

01 Oct 1997
News

W. Hall Wendel, Jr.

years of 35 percent compounded increases in sales and earnings. Now on the New York Stock Exchange, with revenues of $1.2 billion, profits of $62 million, and a return on equity of 43 percent, the diversified company is the world's... View Details

Keywords: James E. Aisner; mountain; adventure; climbing

07 Feb 2012
First Look

First Look: February 7

http://www.hbs.edu/research/pdf/12-064.pdf Cases & Course MaterialsLinkedIn Corporation Francois Brochet and James WeberHarvard Business School Case 112-006 The purpose of this case is to help students critically evaluate the market value of LinkedIn's View Details

Keywords: Sean Silverthorne

08 Mar 2019
Research & Ideas

Seven Negotiation Lessons from Amazon's HQ Disaster in Queens

them. For transportation and housing advocates, it could point to the $27 billion in taxes it projected to be paying over the next decade and commit to working with elected officials and interest groups to boost the stock of affordable... View Details

Keywords: by James K. Sebenius; Real Estate; Construction

04 Aug 2010
News

A Lonely Crusader

2002, Ackman shorted MBIA’s stock and bought credit default swaps betting that the firm would tank. Then he went public with his bets and a 66-page research report detailing his case. What happened next would have broken a man possessing... View Details

Keywords: Roger Thompson; subprime mortgages; Finance; Real Estate

06 Feb 2020
Research & Ideas

What We Learned from Reading Jeff Bezos’ Patents

secretive companies. About the Authors Boris Groysberg is the Richard P. Chapman Professor of Business Administration at Harvard Business School. Tricia Gregg is an independent researcher. [Image: Chuck Bigger / Alamy Stock Photo] Related... View Details

Keywords: by Tricia Gregg and Boris Groysberg; Retail

27 Jan 2023
Op-Ed

Have We Lost Sight of Integrity?

federal indictment. Tesla’s Elon Musk is facing trial for deceptively driving up the price of Tesla stock by falsely claiming to have the “funding secured” to take his company private. Theranos under Elizabeth Holmes and Sunny Balwani... View Details

Keywords: by Bill George

16 Apr 2001
Research & Ideas

Strategy and the Internet

advantage—its skilled brokers. And many established companies, reacting to misguided investor enthusiasm, have hastily cobbled together Internet units in a mostly futile effort to boost their value in the stock market. It did not have to... View Details

Keywords: by Michael E. Porter

Publications