Capital Asset Pricing - Publications - Faculty & Research

28 Mar 2018
News

Fueling the Future

of Boston, she had a half dozen jobs (lawn mowing, farm stand, newspaper delivery) by the time she was 15. “Once I learned I could make money and have freedom, I was all about capitalizing on opportunities,” she observes. She attended... View Details

Keywords: Jill Radsken

01 Dec 2014
News

Case Study: Growing the Family Business

center the company remodeled, is expected to cost about $200,000 to break even.) The sector is not of interest to venture capital or many angels. The company is too small for private equity. There is not enough of a track record of cash... View Details

Keywords: childcare; Finance

31 Jul 2007
First Look

First Look: July 31, 2007

capital markets of society. Purchase this note: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=307057 Pervasis Therapeutics, Inc. Harvard Business School Case 807-026 In May 2005, Steve Bollinger was about to become... View Details

Keywords: Martha Lagace

01 Jun 2007
News

Mission Possible

isn’t that different from a for-profit company, he adds, except “we don’t have rational capital markets in the nonprofit world. In the private sector, if you do well, people run to you with capital, hoping to get a piece of your increased... View Details

Keywords: Roger Thompson; Margie Kelley; Business Schools & Computer & Management Training; Educational Services; Social Assistance; Health, Social Assistance

08 Apr 2014
First Look

First Look: April 8

August 2013 MIT Sloan Management Review The High Price of Customer Satisfaction By: Keiningham, Timothy, Sunil Gupta, Lerzan Aksoy, and Alexander Buoye Abstract—Managers often assume that improving customer satisfaction and financial... View Details

Keywords: Sean Silverthorne

16 Oct 2013
Op-Ed

Response to Readers: Combating Climate Change with Nuclear Power and Fracking

With more than 7,500 views and 180-plus tweets, I want to thank everyone for taking the time to read the original HBS Working Knowledge piece, The Case for Combating Climate Change with Nuclear Power and Fracking, and, in particular, for sharing your thoughts with one... View Details

Keywords: by Joe Lassiter; Energy; Utilities

01 Dec 2003
News

Selling Digital Privacy

companies, we should capitalize on the value of our personal information and get something of value in return. Deighton’s recent working paper, “Market Solutions to Privacy Problems?,” suggests that consumers would gain the advantage if... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

25 Aug 2022
News

The Exchange: The Road Ahead for Crypto

But they are riskier than the stock market, so cryptocurrency markets are dominated by speculators or traders. Another constituent is the long-term investors, who take a long-horizon macro view on these assets being a less-dumb form of... View Details

Keywords: Jen McFarland Flint; Securities, Commodities, and Other Financial Investments; Finance

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

05 Mar 2019
First Look

New Research and Ideas, March 5, 2019

firms lever up, the overall cost of capital falls as leverage increases equity beta, but as debt becomes riskier the marginal benefit of increasing equity beta declines. As a simple theoretical framework predicts, we find that leverage is... View Details

Keywords: Dina Gerdeman

09 Jan 2006
Research & Ideas

What Really Drives Your Strategy?

process itself can actually shape the realized strategy of the firm. This can include internal reporting structures and incentive systems, but it can also reflect external factors such as capital markets and customers. One of the... View Details

Keywords: by Martha Lagace

15 Dec 2024
News

Forward Thinking

You can ask the internet anything, but getting an answer via generative artificial intelligence consumes about 10 times more electricity than a traditional Google search. Consequently, the data centers where AI tools are trained and run are guzzling more and more... View Details

Keywords: Janine White; Illustrations by Richard Borge; Electric Power Generation, Transmission, Distribution; Utilities

Web

Impact Stories - Business & Environment

resilient, and consumer-centric through the application of data science and behavioral economics, optimizing the system assets and operations across the electric meter.” Natalie Deschamps MBA 2015 | A Fundamental Foundation "I ultimately... View Details

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

01 Oct 2000
News

The Entrepreneurial Venture

surprising that the venture capital industry was essentially dormant at the time. But with the growth of the microprocessor and of biotechnology in the late 1970s, as well as the deregulation of the airline and financial services... View Details

04 Jun 2001
Research & Ideas

RealNetworks, CNET, and Judo Strategy

mean nothing. In the book we talk a great deal about how Rob, Shelby, and Donna have used these techniques to beat much larger players in their business." The business environment has changed completely, since the capital markets no... View Details

Keywords: by Jim Aisner

29 Oct 2000
Research & Ideas

The Entrepreneurial Venture: A Conversation

encouraged them to take risks. Bill Sahlman: Also, when we graduated from HBS, the economy was in recession, inflation and interest rates were high, productivity growth was low, and the stock market was in the tank. It is not at all surprising that the venture View Details

Keywords: by Susan Young

01 Dec 1999
News

New Jakurski Chair Supports Research in Global Finance

Director of Research and teaches courses in capital markets, international finance, and risk management. He received a BA from Stanford in 1980 and a Ph.D. in 1986 from the University of California at Berkeley, where he studied... View Details

08 Dec 2009
First Look

First Look: Dec. 8

capital market prices and corporate finance can, in principle, come from either supply or demand. This framework helps to organize empirical approaches that more precisely identify and quantify supply... View Details