Capital Asset Pricing - Publications - Faculty & Research

01 Mar 2023
News

March 2023 Alumni and Faculty Books

Edited by Margie Kelley Alumni Books Invisible Trillions: How Financial Secrecy Is Imperiling Capitalism and Democracy—and the Way to Renew Our Broken System By Raymond W. Baker (MBA 1960) Berrett-Koehler Publishers Over the last half... View Details

Keywords: Publishing Industries (except Internet); Information

27 Apr 2017
News

Fellowship Fuels a Passion for a Career in Aviation

Norm Liu (MBA 1982) (photo by Susan Young) Norm Liu (MBA 1982) (photo by Susan Young) DONOR: Norman C.T. Liu (MBA 1982) Fellowship; N.C.T. Liu Family Fellowship In explaining what prompted him to establish fellowships at HBS, Norm Liu (MBA 1982), the retired CEO of GE... View Details

26 Nov 2007
Research & Ideas

Best Practices of Global Innovators

related to the possession of deep individual technical skills in hundreds of diverse disciplines," the researchers conclude in their paper, Innovation through Global Collaboration: A New Source of Competitive Advantage. "Boeing's unique View Details

Keywords: by Sean Silverthorne

17 Dec 2001
Research & Ideas

Becoming the Next Real Estate Mogul

saw—that's a ton of fun," he said. There was general agreement on this point, but land and buildings aren't always part of the equation when it comes to calculating the industry's appeal, added Vincent J. Constantini, founder and managing partner of Roseview View Details

Keywords: by Julia Hanna; Construction; Real Estate

10 Jan 2005
What Do You Think?

Public Pension Reform: Does Mexico Have the Answer?

American" (as some of you put it) solution to this challenge? What, if anything, should be done to get the country ready for the debate? What do you think? Original Article There is little political capital in addressing pension... View Details

Keywords: by James Heskett; Financial Services

01 Oct 2001
News

Making a World of Difference

analysis." In 1960, he moved from conventional research to arbitrage research for the firm's own capital account, where, he explains, "returns were based upon outcomes such as deal closings, which could be qualified more readily than... View Details

Keywords: Young, Susan; Management of Companies and Enterprises; Management

01 Jun 2001
News

Donella Rapier to Head External Relations

alumna, administrator, and former faculty member at HBS, Rapier approaches her new role from a unique perspective. A native of Los Angeles, she began her career there, working as a CPA for Price Waterhouse. The firm awarded her a full... View Details

Keywords: Business Schools & Computer & Management Training; Educational Services

07 Jun 2004
Research & Ideas

The Competition of Countries

rising real per capita income). Capital formation (investment) and the development of human resources are key to this process. Q: Were you surprised by anything you've discovered? A: I am constantly surprised—surprised about corruption... View Details

Keywords: by Cynthia Churchwell

01 Apr 2000
News

Books

of uncertainty and where assets are often difficult to value. Second, because the various stages of the venture capital process are related, the entire function is best viewed as a cycle. Finally, unlike... View Details

Keywords: Amy E. Dean

14 Feb 2019
News

Plotting a Path Forward on Climate Change

need new technology, Perry said—we need to apply capitalism and government regulation to these problems to provide incentives to farmers or convince consumers they should pay for this change either through higher View Details

02 Aug 2010
Research & Ideas

Modern Indian Art: The Birth of a Market

art was redefined as a new product category—modern Indian art—by a variety of participants including artists, academics, commercial auction houses, and critics. And as Western museums and collectors began to take notice, prices for pieces... View Details

Keywords: by Sean Silverthorne

23 Dec 2013
Research & Ideas

Just How Independent are ‘Independent’ Directors?

rock the boat when they are leaving," speculates Ma. By contrast, when Ma and Khanna measured the effects of firm performance on likelihood of dissent, they found a much lower correlation. A one unit increase in the ratio of a firm's market value to View Details

Keywords: by Michael Blanding

24 Sep 2024
Blog Post

Climate Finance in Africa: Health, Self-Interest, Avoided Future Cost

African people, businesses, cities, and nations are increasingly stressed by climate related perils like drought, river flooding, extreme heat, and sea level rise. This is already leading not just to destruction of assets but also... View Details

15 Dec 2011
News

An HBS gift guide

football, repair capitalism Business lessons for a global century Chocolates for a cause Safe water for millions Nature belongs to everyone Capitalize on the network The world at home Quiet your mind (Images... View Details

Keywords: Bulletin Staff; holiday; gift giving; Manufacturing; Retail Trade

Career Coach

Jonathan Shepherd

expertise, Jonathan welcomes conversations ranging from self-assessment to goal setting to tactics and execution - always acknowledging how each of these is just one piece of that thing called life. Work Experience: JP Morgan - Investment Banking; Morgan Stanley -... View Details

22 Dec 2022
Blog Post

Climate Stories Episode #13: Democratizing Climate Returns - Nisha Desai (HBS 1997), Founder and CEO of Invest With Intention

don’t have enough capital to invest in the best deals. Why don’t we have the ability to get the same returns as infrastructure limited partnerships or banks or private equity firms?” Here’s the thesis: Nisha has found only two managed... View Details

16 Jul 2021
Op-Ed

For Entrepreneurs, the Benefits of Slowing Down

A few months ago, I wrote about the ridiculous increase in velocity that we are seeing in the venture capital market in my post, Velocity and Venture Capital: 11. Now that summer is upon us, I want to reflect on the subtle value of... View Details

Keywords: by Jeffrey Bussgang

30 Sep 2014
First Look

First Look: September 30

regimes to meaningful transnational regulation. Publisher's link: http://ssrn.com/abstract=2178540 Working Papers The Real Effects of Capital Controls: Financial Constraints, Exporters, and Firm Investment By: Alfaro, Laura, Anusha... View Details

Keywords: Sean Silverthorne

01 Mar 2018
What Do You Think?

Two Decades Later, is the 'New Economy' Finally Here?

featuring less product-centered and more information-centered economic activity.” It highlighted opinions at the time that “Growing ratios of market-to-book value that resulting stock prices produce can be justified as the monetization of... View Details

Keywords: by James Heskett

29 Jan 2021
News

Holding Business to Account

before the model Aiyer envisioned would be christened “impact investing,” she launched Walden Capital Management in 1994 to pursue these dual goals of financial return and social change on behalf her clients. Following Walden’s... View Details

Publications