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  • All HBS Web  (2,965)
    • People  (2)
    • News  (731)
    • Research  (1,669)
    • Events  (13)
    • Multimedia  (16)
  • Faculty Publications  (849)
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  • 01 Dec 2023
  • News

A Continuum of Innovation

program chair of the RC. “The goal of RC Renewal is to bring us back towards the sweet spot between the two.” A similar effort has also been extended to the second-year Elective Curriculum (EC) and is being led by its new chair, Suraj... View Details
Keywords: Jennifer Gillespie
  • Web

AASU50 - Alumni

Done” ( HBS Alumni Bulletin , March 2018) HBS African-American Alumni Association HBS African-American Student Union The History of AASU Seven years after the founding of Harvard Business School in 1915, Wendell Thomas Cunningham became... View Details
  • April 2008 (Revised December 2008)
  • Case

Leveraged Loans 2007

By: Andre F. Perold and Erik Stafford
The leveraged loan market was in a crisis during the summer of 2007, following many years of low realized volatility (less than 4% per annum), an index of leveraged loans had fallen over 5% in the month of July. A sudden drop in capital market prices for an asset class... View Details
Keywords: History; Financial Liquidity; Investment; Financial Crisis; Market Transactions; Disruption; Decision Choices and Conditions; Competitive Strategy; Capital Markets; Crisis Management; Commercial Banking; Banking Industry; Financial Services Industry
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Perold, Andre F., and Erik Stafford. "Leveraged Loans 2007." Harvard Business School Case 208-145, April 2008. (Revised December 2008.)
  • Web

Commodities, Currencies, and Balancing of the Trade Deficit - A Chronicle of the China Trade

first acquired opium from Turkey and then from India, where it was considered superior in quality. Augustine Heard & Co. used opium as payment to Chinese brokers for tea and silk, which would be purchased by American buyers. The firm... View Details
  • October 1994
  • Case

Bankers Trust: Global Investment Bank

By: Andre F. Perold and Kuljot Singh
In October 1992, Eugene Shanks, president of Bankers Trust New York Corp., and Brian Walsh, head of the Global Investment Bank (GIB) business unit, are considering a proposal for a large and complex financing involving the North Sea Oil Co. (NSOC). The financing... View Details
Keywords: Risk and Uncertainty; Credit Derivatives and Swaps; Risk Management; Value Creation; Business History; Capital Markets; Financing and Loans; Financial Markets; Corporate Finance; Banking Industry; Energy Industry
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Perold, Andre F., and Kuljot Singh. "Bankers Trust: Global Investment Bank." Harvard Business School Case 295-010, October 1994.
  • Forthcoming
  • Article

You've Got Mail! The Late 19th-Century U.S. Postal Service Expansion, Firm Creation, and Firm Performance

By: Astrid Marinoni and Maria P. Roche
This paper examines the impact of the expansion of the US Postal Service in the late 19th century on firm creation and performance. Utilizing newly digitized archival data on historic business establishments, post office locations, and road networks in California,... View Details
Keywords: Institutional Innovation; Knowledge Exchange; US Postal Service; Firm Performance; Infrastructure; Expansion; Government Administration; Communication; Business History; Entrepreneurship; Public Administration Industry; California
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Marinoni, Astrid, and Maria P. Roche. "You've Got Mail! The Late 19th-Century U.S. Postal Service Expansion, Firm Creation, and Firm Performance." Management Science (forthcoming). (Pre-published online January 15, 2025.)
  • 09 May 2023
  • Blog Post

Celebrating Asian American and Pacific Islander Heritage Month at HBS (part 1)

might bring Lunchables to school one day and leftover fried rice the next. I felt that I was first and foremost an American, but also had bit “extra” because I was connected to a culture and people with thousands of years of rich history... View Details
  • Research Summary

The Panama Canal

The Big Ditch is the first quantitative economic history of the Panama Canal and its effect on Panama, the United States, and the world economy.  It makes three general arguments.  First, that the Panama Canal was very important to... View Details

  • 2020
  • Working Paper

Of Learning and Forgetting: Centrism, Populism, and the Legitimacy Crisis of Globalization

By: Rawi Abdelal
Every order is a bargain with disappointments and trade-offs. Thus is every order an unstable equilibrium. The first era of globalization, circa 1870–1914, created both international prosperity and domestic instability. That instability was fully realized during the... View Details
Keywords: Centrism; Populism; Globalization; History; Balance and Stability; Economic Systems; Government and Politics; Learning
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Abdelal, Rawi. "Of Learning and Forgetting: Centrism, Populism, and the Legitimacy Crisis of Globalization." Harvard Business School Working Paper, No. 21-008, July 2020.
  • March 2008
  • Article

Deferred Acceptance Algorithms: History, Theory, Practice, and Open Questions

By: Alvin E. Roth
The deferred acceptance algorithm proposed by Gale and Shapley (1962) has had a profound influence on market design, both directly, by being adapted into practical matching mechanisms, and, indirectly, by raising new theoretical questions. Deferred acceptance... View Details
Keywords: History; Market Design; Labor; System; Practice; Performance; Theory; Boston; New York (city, NY)
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Roth, Alvin E. "Deferred Acceptance Algorithms: History, Theory, Practice, and Open Questions." Prepared for Gale's Feast: A Day in Honor of the 85th Birthday of David Gale International Journal of Game Theory 36, nos. 3-4 (March 2008): 537–569.
  • March – April 2008
  • Article

Customer Preference Discontinuities: A Trigger for Radical Technological Change

By: Mary Tripsas
What factors cause a mature industry to re-enter a period of technological turbulence? This paper addresses this question by developing a model of technological evolution that incorporates both technological trajectories and a new concept: preference trajectories, ... View Details
Keywords: History; Technology; Transition; Consumer Behavior; Industry Structures; Product Development
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Tripsas, Mary. "Customer Preference Discontinuities: A Trigger for Radical Technological Change." Managerial and Decision Economics 29 (March–April 2008): 79–97.
  • 01 Jan 2011
  • News

Seth Klarman, MBA 1982

History and Ourselves 2008 Selected lead editor of Graham and Dodd's classic Security Analysis, 6th edition Seth Klarman wrote the book on value investing. Literally. His 1991 Margin of Safety: Risk-Averse Value Investing Strategies for... View Details
  • June 2021
  • Case

One Family Textiles: Stepping Back to Move Forward?

By: V.G. Narayanan, Alpana Thapar and Fares Khrais
This case explores how a family business builds a board that includes independent directors that helps to professionalize and strengthen governance in the company. The case relates to One Family Textiles, an Abu Dhabi-headquartered manufacturer of garments. The company... View Details
Keywords: Governance; Growth and Development Strategy; Operations; Governing and Advisory Boards; Business History; Decision Making; Accounting
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Narayanan, V.G., Alpana Thapar, and Fares Khrais. "One Family Textiles: Stepping Back to Move Forward?" Harvard Business School Case 121-045, June 2021.
  • 01 Jan 2013
  • News

Roger W. Sant, MBA 1960

Ocean Hall opens at National Museum of Natural History As a Mormon missionary in Wisconsin, Roger Sant enjoyed working with Native Americans. Innately curious, he liked spending time with the people, getting to know them, and helping them... View Details
Keywords: Susan Young
  • 09 Feb 2021
  • News

Investing in Entrepreneurship

Nuclear, which was bought by DuPont in 1972. The success of that, he said in an interview with the Computer History Museum, “made me think that the venture business was easy.” View Details
Keywords: Susan Young
  • Research Summary

Research Thrust

By: Rakesh Khurana
I am trained in organizational sociology and my main areas of interest lie in macro-organizational theory and the dynamics of executive labor markets. To date, my research has focused on two themes. The first revolves around understanding the forces that govern the... View Details
  • Web

Bibliography – The Human Relations Movement – Baker Library | Bloomberg Center, Historical Collections

HBS Home HBS Index Contact Us A New Vision An Essay by Professors Michel Anteby and Rakesh Khurana Introduction The Hawthorne Plant Employee Welfare Illumination Studies and Relay Assembly Test Room Enter Elton Mayo Human Relations and... View Details
  • Profile

Shira Asa-El

to HBS is like Embarking on a self-search journey. You get challenged every day, surprisingly by your classmates more than anyone else! Even when you think you have a strong opinion backed with rock-solid arguments, View Details
  • Research Summary

The Value of Family Ownership, Control, and Management

In collaboration with Professor Raphael Amit of Wharton, Belén Villalonga is investigating how family ownership, control, and management affect firm value. Their forthcoming Journal of Financial... View Details

  • 01 May 2020
  • Blog Post

5 Reasons to Join a Club at HBS

‘celebrities’ performed the 47th annual HBS Show live over Zoom for the first time in the show’s history to thousands of students and alumni around the world. In short, our clubs are unstoppable. 1. Community When students arrive on... View Details
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