Publications

Educators

Article

The Impact of Recombining Commercial and Investment Banking

By: Samuel L. Hayes III

Keywords: Investment; Banks and Banking; Commercial Banking

October 2012 (Revised February 2013)
Case

Jim Johnson's Re-election to the Goldman Sachs Board

By: Suraj Srinivasan and Kelly Baker

The case presents the opposition by a leading institutional investor in Goldman Sachs to the re-election of Jim Johnson to the board of directors of the company. The investor, Sequoia Fund, opposes the re-election citing Jim Johnson's prior track record as the CEO of... View Details

Keywords: Board Of Directors; Corporate Governance; Director Elections; Goldman Sachs; Reputation; Institutional Investing; Governing and Advisory Boards; Corporate Accountability; Banking Industry; New York (city, NY)

Educators

Web

Strategies for Cross-National Regions - Institute For Strategy And Competitiveness

nations Speed up the process of economic upgrading at the national level Promote interest and investment in the region by the international community The Institute and Michael Porter are engaged in helping... View Details

Web

Measure Outcomes & Cost for Every Patient - Institute For Strategy And Competitiveness

health care agenda. Health care invests billions of dollars in quality measurement programs and complex cost accounting systems yet these systems currently fail to collect outcomes that matter to patients and the costs to acheive them.... View Details

January 2020 (Revised July 2020)
Case

BlackRock: Linking Purpose to Profit

By: Aiyesha Dey

The case revolves around the actions that Barbara Novick, co-founder and Vice-Chair of Blackrock, and Michelle Edkins, Global Head of Investment Stewardship, would need to take in response to the controversial CEO letters from Laurence (Larry) Fink, Chairman and CEO of... View Details

Educators

2014
Chapter

Promoting Corporate Sustainability through Integrated Reporting: The Role of Investment Fiduciaries and the Responsibilities of the Corporate Board

By: Robert G. Eccles, J. Herron and George Serafeim

This book is a comprehensive reference work exploring recent changes and future trends in the principles that govern institutional investors and fiduciaries. A wide range of contributors offer new perspectives on dynamics that drive the current emphasis on short-term... View Details

Keywords: Governance; Integrated Corporate Reporting; Institutional Investing; Financial Services Industry

27 Oct 2021
Blog Post

HBS Impact Investing Fund Course: An Experiential Education in Social Financing

This fall, Harvard Business School launched its first Impact Investment Fund Course after a successful pilot in the Spring of 2021. The fund expands access to affordable, flexible financing for Black, Brown, and Immigrant-owned businesses... View Details

Web

Investment Management and Capital Markets - Course Catalog

tail risk hedging, futures and swaps, etc.). Students also explore investing from the asset owner perspective, learning modern practices in portfolio construction for personal and institutional investors... View Details

Web

The New Role for Government & NGOs - Institute For Strategy And Competitiveness

that dwarf those of other stakeholders. However, businesses can’t do it alone. NGOs need to collaborate with business, bringing new expertise and deep relationships with stakeholders. Governments need to invest in infrastructure,... View Details

Web

Managing International Trade and Investment - Course Catalog

HBS Course Catalog Managing International Trade and Investment Course Number 1166 Professor Meg Rithmire Fall; Q1Q2; 3.0 credits 28 Sessions Exam Course Overview The course approaches economic interdependence from the perspective of... View Details

Web

Investing for Impact | Social Enterprise | Harvard Business School

impact investing. Partners Abry Partners, LLC BostonXChange Charlesbank Capital Partners, LLC ImpactAssets, Inc. Investment Committee Heidi Brooks, MBA 2003 COO, National Institute for Children’s Health... View Details

Web

The Green Industrial Strategy Project | Institute for Business in Global Society

industrial strategy requires new public, public-private, and private institutions that help build and scale clean tech markets. For instance, governments are scaling programs to invest in clean tech... View Details

Web

The new industrial state? | Institute for Business in Global Society

senior leaders from business, government, and the nonprofit sector, alongside nine Harvard Business School faculty members. This roundtable generated a candid exchange of perspectives on the early outcomes of the United States' industrial policies, especially the... View Details

January 1998 (Revised November 2003)
Case

Morgan Stanley and S.G. Warburg: Investment Bank of the Future (A)

By: James K. Sebenius and David T. Kotchen

Describes secretive negotiations that took place between the top executives of Morgan Stanley and S.G. Warburg in the fall of 1994, when the two firms were contemplating a merger that would create one of the world's most powerful investment banks. By December, in order... View Details

Keywords: Negotiation; Investment Banking; Mergers and Acquisitions; Consolidation; Banking Industry; Financial Services Industry

October 1995
Article

New Trading Practices and Short-Run Market Efficiency

By: Kenneth A. Froot and André Perold

Keywords: Institutional Investing; Market Efficiency; Behavioral Finance; Equities; Stock Market; Indexing; Financial Markets; Asset Pricing

2015
Working Paper

Public R&D Investments and Private-sector Patenting: Evidence from NIH Funding Rules

By: Pierre Azoulay, Joshua S. Graff Zivin, Danielle Li and Bhaven N. Sampat

We quantify the impact of scientific grant funding at the National Institutes of Health (NIH) on patenting by pharmaceutical and biotechnology firms. Our paper makes two contributions. First, we use newly constructed bibliometric data to develop a method for flexibly... View Details

Keywords: Economics Of Science; Patenting; Academic Reserach; NIH; Knowledge Spillovers; Patents; Research; Government and Politics

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January 1999
Article

An Analysis of Value Destruction and Recovery in the Alliance and Proposed Merger of Volvo and Renault

By: Robert Bruner

Volvo's attempt to merge with Renault in 1993 temporarily destroyed SEK 8.6 billion (US$ 1.1 billion) in Volvo shareholder wealth. This study traces the destruction to hubris, managerialism, and the escalation of commitment—elements suggested in previous research. In... View Details

Keywords: Mergers ＆ Acquisitions; Institutional Investors; Alliances; Privatization; Mergers and Acquisitions; Institutional Investing; Auto Industry

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1988
Other Unpublished Work

The Relationship Between Banks and Manufacturers: Effects on Investment

By: Timothy A. Luehrman

Keywords: Investment; Banks and Banking; Production; Banking Industry; Manufacturing Industry