Value Investing - Publications - Faculty & Research

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Alumni-Authored Books | Baker Library

Mentally Ill Executive . 1984 Bilmes, Linda: The Ghost Budget: Paying for America’s Endless Wars (forthcoming 2025), Valuing U.S. National Parks and Programs: America’s Best Investment , T he People Factor:... View Details

28 Oct 2014
First Look

First Look: October 28

marketers and for search engine operators. Download working paper: http://www.benedelman.org/publications/gfs-2014-10-17.pdf Adding Value Through Venture Capital in Latin America and the Caribbean By: Lerner, Josh, Ann Leamon, James... View Details

Keywords: Carmen Nobel

01 Oct 1996
News

The Drive for Excellence: An Interview with Jim Henderson

short-term results with adherence to a long-term strategy and direction. At Cummins, we are driven by the concept of maximizing shareholder value -- but the question is, value over the next quarter or two,... View Details

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Financial Highlights - Annual Report 2019

major areas of expense growth were salaries and benefits and fellowships. New gifts and pledges totaled $75 million, compared with $150 million in fiscal 2019. The return on the University’s endowment was 7.3 percent, compared with 6.5 percent in fiscal 2019. The View Details

01 Sep 2003
News

Jeanne Jackson

When you look at two of the biggest developments in business in the last 25 years — globalization and the Internet — Jeanne P. Jackson has been right in the thick of it. Before launching her own small investment and consulting firm last... View Details

Keywords: Deborah Blagg; Management, Scientific, and Technical Consulting Services; Professional Services

01 Dec 2011
News

A Deal on Wheels

came up with the CarLotz concept, were friends and former investment banking colleagues. After some HBS networking, the two found Montgomery, who was working in McKinsey & Company’s automotive practice and had previous experience running... View Details

Keywords: Motor Vehicle and Parts Dealers; Retail Trade

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A Manager's Guide to Leveraging Technology - Course Catalog

computing, artificial intelligence, machine learning, and generative AI is driving unprecedented levels of investment in IT. Globally, IT investments exceed $2.5 trillion, while in the United States, over... View Details

12 Jul 2011
First Look

First Look: July 12

the Use of Unverifiable Estimates in Required Goodwill Impairment Authors:Karthik Ramanna and Ross L. Watts Publication:Review of Accounting Studies (forthcoming) Abstract SFAS 142 requires managers to estimate the current fair value of... View Details

Keywords: Carmen Nobel

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Demystifying the Family Enterprise - Course Catalog

E-mail: mtolsdorf@hbs.edu Career Focus This course is designed for students who are pursuing a career in businesses that are family owned - i.e. the majority shareholders are family, investment roles in family offices, or students that... View Details

06 Jan 2020
News

Home Grown

Granite Equity, a nontraditional private investment and holding company in St. Cloud, Minnesota, aims to find and support local, family businesses and grow them right where they are. The firm looks for companies that View Details

Keywords: Finance

Article

Agency Costs, Mispricing, and Ownership Structure

By: Sergey Chernenko, C. Fritz Foley and Robin Greenwood

Standard theories of corporate ownership assume that because markets are efficient, insiders ultimately bear all agency costs that they create and therefore have a strong incentive to minimize conflicts of interest with outside investors. We argue that if equity is... View Details

Keywords: Business and Shareholder Relations; Ownership; Conflict of Interests; Investment; Valuation

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28 Aug 2018
First Look

New Research and Ideas, August 28, 2018

https://www.hbs.edu/faculty/Pages/item.aspx?num=54899 forthcoming Management Science How Do Sales Efforts Pay Off? Dynamic Panel Data Analysis in the Nerlove-Arrow Framework By: Chung, Doug J., Byungyeon Kim, and Byoung G. Park Abstract— This paper evaluates the short-... View Details

Keywords: Dina Gerdeman

25 Apr 2014
News

Harnessing for-profit strategies for social good

experience to her current position as chief investment officer at ImpactAssets, a $120 million donor-advised fund that invests capital for social and environmental impact through public and private debt and... View Details

02 Oct 2008
What Do You Think?

Workout vs. Bailout: Should Government Take Advantage of the Buffett Effect?

beneficial to the public interest." Private institutions would be welcomed to join in such deals as well. The mere identification of institutions in which the government invests would have a beneficial effect on the View Details

Keywords: by Jim Heskett

01 Dec 2018
News

Democratizing Funding, Diversifying Funders

raised $93,853 from 421 investors earlier this year largely by pitching the investment to its existing user base. “It’s hard to do due diligence on a private company,” says Hofmann. “If you’re a user you’re probably already convinced of... View Details

Keywords: Sasha Issenberg

01 Oct 2015
Blog Post

Why We Recruit: Goldman Sachs

Organization:Annie McMullen, Harvard Business School Recruiter, University Relations Team, Goldman Sachs Describe your organization in three to five sentences.Goldman Sachs is a leading global investment banking, securities and View Details

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Financial Highlights - Financial Report 2018

2017. The value of the School’s endowment (after the net impact of distributions from the endowment and the addition of new gifts) increased to $3.8 billion, from $3.5 billion a year earlier. Capital View Details

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Teaching Cases - Institute For Strategy And Competitiveness

School Case 112-085 Robert S. Kaplan, Mary L. Witkowski, and Jessica A. Hohman The case illustrates how a leading German hospital group has invested deeply in the measurement of patient-level outcomes and costs, the foundations of a... View Details

03 Feb 2014
News

Eyes on Medical Breakthroughs

1979), she learned not only about the workings of the human body, but also about the value of relationships and collaboration. It all added up to make her one of the savviest health care sector investors in the country. In the early... View Details

Keywords: Ralph Ranalli; Management; Ambulatory Health Care Services; Health, Social Assistance

01 Jun 2013
News

Alumni Books

Levenson Keohane (MBA 2000) (McGraw-Hill) With in-depth coverage of cutting-edge social programs and philanthropic initiatives, Keohane shows how social entrepreneurship has radically transformed the nonprofit, private, and public sectors; explores the promise of... View Details

Publications