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  • All HBS Web  (14,577)
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  • November 2019 (Revised March 2021)
  • Background Note

AI and Finance in 2019

By: Karim R. Lakhani, Marco Di Maggio, Marco Iansiti and Aldo Sesia
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Lakhani, Karim R., Marco Di Maggio, Marco Iansiti, and Aldo Sesia. "AI and Finance in 2019." Harvard Business School Background Note 220-017, November 2019. (Revised March 2021.)
  • March 2022
  • Technical Note

Space Financing

By: Matthew Weinzierl, Nicole Tempest Keller and Brendan L. Rosseau
This note provides an update on the space financing state of play in 2021. View Details
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Weinzierl, Matthew, Nicole Tempest Keller, and Brendan L. Rosseau. "Space Financing." Harvard Business School Technical Note 722-047, March 2022.
  • May 12, 2010
  • Article

Venture Financing and Entrepreneurial Success

By: William R. Kerr
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Kerr, William R. "Venture Financing and Entrepreneurial Success." Harvard Business Review (website) (May 12, 2010).
  • 12 May 2015
  • Working Paper Summaries

Financing Payouts

Keywords: by Joan Farre-Mensa, Roni Michaely & Martin C. Schmalz
  • fall 2001
  • Article

Structuring Loan Syndicates: A Case Study of the Hong Kong Disneyland Project Loan

By: Benjamin C. Esty
Keywords: Groups and Teams; Borrowing and Debt; Entertainment; Hong Kong
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Esty, Benjamin C. "Structuring Loan Syndicates: A Case Study of the Hong Kong Disneyland Project Loan." Journal of Applied Corporate Finance 14, no. 3 (fall 2001): 80–95.
  • Research Summary

Financing Payouts

Despite the obvious interest in payout policy, no paper to date has systematically analyzed how payouts are funded, perhaps because the answer might have appeared just too obvious: payouts are funded with free cash flow — at least over long enough time periods.... View Details
  • 2010
  • Working Paper

Law and Finance c. 1900

By: Aldo Musacchio
How persistent are the effects of legal institutions adopted or inherited in the distant past? A substantial literature argues that legal origins have persistent effects that explain clear differences in investor protections and financial development around the world... View Details
Keywords: Law; Finance; Corporate Governance; Practice; Growth and Development
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Musacchio, Aldo. "Law and Finance c. 1900." NBER Working Paper Series, No. 16216, July 2010.
  • Fourth Quarter 2002
  • Article

Corporations and the Financing of Innovation

By: Paul A. Gompers
Keywords: Financing and Loans; Innovation and Invention
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Gompers, Paul A. "Corporations and the Financing of Innovation." Federal Reserve Bank of Atlanta Economic Review (Fourth Quarter 2002).
  • December 2006 (Revised May 2009)
  • Background Note

Project Finance Acronyms

By: Benjamin C. Esty
Contains two parts: Part I contains a list of more than 500 acronyms for official institutions and other project finance terms; Part II contains a description of various interest and debt coverage ratios used in the field of project finance. View Details
Keywords: Project Finance; Borrowing and Debt
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Esty, Benjamin C. "Project Finance Acronyms." Harvard Business School Background Note 207-086, December 2006. (Revised May 2009.)
  • Article

Credit and Punishment: Are Corporate Bankers Disciplined for Risk-Taking?

By: Janet Gao, Kristoph Kleiner and Joseph Pacelli
We examine whether bankers face disciplining consequences for structuring poorly performing corporate loans. We construct a novel data set containing the employment histories and loan portfolios of a large sample of corporate bankers and find that corporate credit... View Details
Keywords: Syndicated Loans; Credit Events; Career Outcomes; Loan Officers; Banks and Banking; Financing and Loans; Risk Management; Corporate Finance; Personal Development and Career
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Gao, Janet, Kristoph Kleiner, and Joseph Pacelli. "Credit and Punishment: Are Corporate Bankers Disciplined for Risk-Taking?" Review of Financial Studies 33, no. 12 (December 2020): 5706–5749.
  • 2010
  • Chapter

The Financing of R&D and Innovation

By: Bronwyn H. Hall and Josh Lerner
Evidence on the “funding gap” for investment innovation is surveyed. The focus is on financial market reasons for underinvestment that exist even when externality-induced underinvestment is absent. We conclude that while small and new innovative firms experience high... View Details
Keywords: Research and Development; Innovation and Invention; Venture Capital; Corporate Finance
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Hall, Bronwyn H., and Josh Lerner. "The Financing of R&D and Innovation." Chap. 14 in Handbook of the Economics of Innovation: Volume 1, by Bronwyn H. Hall and Nathan Rosenberg, 609–639. Amsterdam: Elsevier, 2010.
  • 14 Apr 2017
  • News

Humanizing Finance

  • 1999
  • Chapter

The Limited Financing of Catastrophe Risk: An Overview

By: K. Froot
Keywords: Catastrophe Risk; Corporate Finance; Cost Of Capital; Banking And Insurance; Asset Pricing; Hedging; Banking; Natural Disasters; Insurance; Risk Management; Financial Markets; Policy; Insurance Industry
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Froot, K. "The Limited Financing of Catastrophe Risk: An Overview." In The Financing of Catastrophe Risk, edited by Kenneth A. Froot, 1–22. Chicago: University of Chicago Press, 1999. (Revised from NBER Working Paper No. 6025, May 1997, and HBS Working Paper No. 98-023, September 1997.)
  • 03 Apr 2020
  • News

Venture-Backed Firms Could Miss Out On Virus Relief Loans

  • 12 May 2010
  • News

Venture Financing and Entrepreneurial Success

  • 22 Feb 2022
  • News

Finance and the Economic Recovery

Illustration by Michael Austin A pandemic that has caused public health and economic crises also has afforded business leaders the opportunity to better understand and lead through disruptions affecting... View Details
  • August 2024
  • Article

The Labor Market Effects of Loan Guarantee Programs

By: Jean-Noël Barrot, Thorsten Martin, Julien Sauvagnat and Boris Vallée
We investigate the labor market effects of a loan guarantee program targeting French SMEs during the financial crisis. Exploiting differences in regional treatment intensity in a border discontinuity design, we uncover a central trade-off for such interventions. While... View Details
Keywords: Labor; Financial Crisis; Policy; France
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Barrot, Jean-Noël, Thorsten Martin, Julien Sauvagnat, and Boris Vallée. "The Labor Market Effects of Loan Guarantee Programs." Review of Financial Studies 37, no. 8 (August 2024): 2315–2354.
  • 01 Sep 2007
  • News

Former French Finance Minister Joins HBS Faculty

Thierry Breton, former French finance minister, has joined the HBS faculty as a senior lecturer and will teach the first-year Leadership and Corporate Accountability course... View Details
Keywords: finance minister; professorship; Colleges, Universities, and Professional Schools; Colleges, Universities, and Professional Schools; Colleges, Universities, and Professional Schools; Colleges, Universities, and Professional Schools
  • 2017
  • Working Paper

Investment Timing with Costly Search for Financing

By: Samuel Antill
I develop a dynamic model of investment timing in which firms must first choose when to search for external financing. Search is costly and the arrival of investors is uncertain, leading to delay in financing and investment. Depending on parameters, my model can... View Details
Keywords: Real Options; Search And Bargaining; Time-varying Financial Conditions; Investment; Venture Capital; Mathematical Methods
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Antill, Samuel. "Investment Timing with Costly Search for Financing." Working Paper, December 2017.
  • 9 AM – 9 AM EST, 07 Mar 2018
  • HBS Online

HBX Leading with Finance

Leading with Finance helps you build an intuitive understanding of finance to better communicate with key stakeholders and grow your career. Target audience: HBS alumni and colleagues; recommend to someone from your professional of personal network. Program Dates:... View Details
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