Publications

July 1992 (Revised May 1996)
Background Note

Note on Commodity Futures

By: Kenneth A. Froot, Jay O. Light and Nancy Donohue

Describes how commodity futures work, what products and exchanges are available, and who the players in the commodity markets are. Also presents a careful discussion of the pricing of futures in commodity markets, focusing on cost of carry and risk premium approaches,... View Details

Keywords: Futures and Commodity Futures

07 Oct 2009
Research Event

HBS Past and Present

Editor's Note: This is a summary of an HBS Business Summit presentation. View a full summary and video of the event on the HBS Centennial Web site linked below. Date of Event: October 12, 2008 Speakers: Jay View Details

Keywords: & F. Warren McFarlan; Education

01 Dec 2007
News

HBS Clubs Host Faculty Speakers

visit www.globaloutreach.hbs.org. January 8, 2008 HBS Assn. of Southern California Dean Jay Light January 10, 2008 HBS Assn. of Northern California Dean Jay View Details

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

September 1994
Case

Investing in China

By: Kenneth A. Froot, Jay O. Light and Jon Headley

Keywords: Investment; China

Find at Harvard

July 1992 (Revised January 1995)
Case

An Investment Linked to Commodity Futures

By: Kenneth A. Froot, Jay O. Light and Nancy Donohue

Describes a new investment which is linked to an index of commmodity futures prices. Explores how the index is constructed, how commodity futures (as opposed to other futures and spot prices) behave, and what the portfolio impacts of such an investment might be. View Details

Keywords: Commodity Market; Investment Management; Portfolio Management; Financial Markets; Investment; Investment Portfolio; Futures and Commodity Futures

01 Sep 2007
News

Spring Reunions

Dean Jay Light ( right) entertained alumni in the Dean’s House garden. Sectionmates forever! Photos by Neal Hamberg At last June’s reunions, if you had a nickel for every time someone said “It’s great to see... View Details

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

01 Jun 1999
News

Where Main Street Meets Wall Street

have made an important contribution to both the democratization and the strengthening of the American economy," says HBS professor Jay O. Light, an expert on the financial services industry. And now,... View Details

Keywords: Garry Emmons

01 Dec 2008
News

Strategy is About People

Jay Light played a number of key roles in McArthur’s Deanship. (He also served as first lieutenant to Kim Clark, who directly succeeded McArthur as Dean; when Clark assumed the presidency of Brigham Young... View Details

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

01 Mar 2006
News

HBS Reverses Policy On Grade Disclosure

In a mid-December letter to all MBA students, Dean Jay Light announced that the School was dropping its seven-year-old policy that prohibited students from revealing their grades to potential employers. The... View Details

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

01 Jun 2009
News

Donors Invest in Students’ Future

almost half of MBA students receive fellowship aid, which covers 46 percent of their tuition. In closing remarks, Dean Jay Light discussed the importance of gifts for fellowships, particularly during the... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services

July 1991 (Revised August 2000)
Case

California PERS (A)

By: Jay O. Light, Jay W. Lorsch and James O. Sailer

Examines California Public Employees Retirement System (CalPERS), the world's fourth largest pension fund. Dale Hanson, CEO of CalPERS, has a problem; how does he use CalPERS' influence as the holder of a small percentage of 1,300 American companies to put pressure on... View Details

Keywords: Employees; Retirement; System; Asset Pricing; Performance Improvement; Corporate Governance; Investment Funds; Investment Return; California