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  • 01 Oct 2002
  • News

Banishing Balkan Ghosts

It's past midnight and the Minister of Finance and Economy is home early from work, fumbling around in the kitchen of his spartan apartment, trying to find something to eat. He's two years into the job, but meals and sleep still occur... View Details
Keywords: Garry Emmons
  • 01 Mar 2010
  • News

Sole Mates

Africa; its importance to the country is as great as the threat to its existence. Illegal logging fueled Liberia’s recent civil war: “Blood timber” financed the violence, just as blood diamonds have in other African conflicts. The civil... View Details
Keywords: Garry Emmons; Finance; Finance; Finance; Finance; Finance; Finance
  • 01 Jun 2007
  • News

KPMG for Mayor!

or nonprofit must demonstrate to its shareholders or donors that it can perform efficiently. To state the obvious, companies must make money. How could running a local government be a profitable enterprise? In a word: taxes. Voters in corrupt municipalities currently... View Details
Keywords: Eric Werker; Executive, Legislative, and Other General Government Support; Government
  • 01 Dec 2008
  • News

Business at the Summit

rationales to do so. Energy independence has been a national priority since 1974, but “we don’t have the fortitude to tax oil, or to tax BTUs,” he said to sustained applause. As a result, he continued, “We... View Details
Keywords: leadership; alumni events; Centennial; Finance; Finance; Finance; Finance
  • 01 Jun 2018
  • News

The Evolution of Modern Pricing Models

pricing models? DN: It all boils down to customer insights—and then choosing your offline strategy to conform to what you’re learning from your consumers online. But I think the answer is that incremental adjustments to the in-store... View Details
  • 01 Dec 2012
  • News

Rival Visions

exemplifies energetic government and vigorous federal programs for economic growth. Gallatin symbolizes low taxes and less intrusion by government." Not surprisingly, the two men (after whom two HBS buildings are named) were political... View Details
  • 01 Dec 2018
  • News

Hard Choices

also apparent that a dollar of earnings generated through business expansion may be an annuity, and perhaps even a growing one, while a dollar gained from cost savings is a one-time improvement, an incremental cash flow that is not... View Details
Keywords: Seth Klarman (MBA 1982)
  • 01 Jun 2012
  • News

What Industrial Policy?

"Taxation, meet Representation." Following up on his pledge to provide greater support for manufacturing, President Obama has announced a proposal to cut the effective tax rate for manufacturers to 25 percent. A number of economists... View Details
Keywords: Gary P. Pisano; Finance; Finance; Finance; Finance; Finance; Finance; Finance; Finance; Finance
  • 01 Dec 1999
  • News

Q & A: Herb Kohl

I run. Because I'm not a truly "public" person, I held back until literally the last moment. "OK, I'll run," I finally said, and before I had a chance to change my mind, the press knew, and I was committed. How did you finance your... View Details
Keywords: Susan Young
  • 01 Dec 2020
  • News

Steady as She Goes

affected areas to restock shelves and give taxed local staff needed time off. In the early days of the pandemic, it meant doing whatever could be done to stock toilet paper. Weckert estimates that in one week, the company sold three rolls... View Details
Keywords: April White; COVID-19; change management; leadership; women; grocery stores; Food and Beverage Stores; Retail Trade
  • 01 Jun 2011
  • News

America the Unequal

reactions to policies that would seem to benefit them, like raising taxes on those who earn and own a lot more. Why would the poor oppose taxes on the wealthy? Because many believe that they, or at least... View Details
Keywords: income disparity; class mobility
  • 26 Feb 2020
  • News

Phoenix Rising

afloat, but just barely. The banks were recapitalized three times, and Greece lost a full quarter of its GDP, which—like the brain drain of about 420,000 Greeks who left the country to seek employment elsewhere—has yet to come back. Those who stayed suffered through... View Details
Keywords: Jen McFarland Flint
  • 01 Dec 2019
  • News

INK: Big News for Small Business

bring me another set of old tax returns so I can put it in my credit model?,” they could say, “I have this whole understanding of your business and have preapproved you for a loan. But is $20,000 the right amount of money, or should you... View Details
Keywords: Jen McFarland Flint
  • 01 Mar 2014
  • News

Insight: Yenball

"Making incremental revenue—in other words, commercializing—that's secondary," notes Greyser. "I would be surprised if any major league club made a signing decision with the thought that commercialization is going to be an important... View Details
Keywords: Morrell, Daniel; Masahiro Tanaka; Hideki Matsui; Isao Okada; business of sports; Arts, Entertainment
  • 01 Sep 2012
  • News

On a Sound Track

management consultant at Monitor, which sharpened my perspective on business and industry strategy. I learned a huge amount at HBS in discussions of leadership, entrepreneurial marketing, finance, and ethics. I also spent some time at Lehman Brothers in London learning... View Details
Keywords: Deborah Blagg; audio accessories; Sporting Goods, Hobby, Musical Instrument, and Book Stores; Retail Trade
  • 01 Dec 2015
  • News

Giving Advice

Record-keeping? Control?) —S.B. Master (MBA 1980) DITKOFF: Your first stop is probably a lawyer or tax advisor to analyze the financial impact on your specific portfolio. Your next goal is to find high-impact organizations that you care... View Details
  • 01 Oct 1997
  • News

Doing Something Real

I can tell, fall comfortably in between: modest to significant successes; honest; doing our bit for the economy and our communities; and paying our taxes (grumbling if we're Republicans and amazed if we're Democrats that the top federal... View Details
Keywords: Andrew Tobias (MBA '72)
  • 01 Jun 2018
  • News

Up by the Roots

billion in equity financing in 2017, while their Silicon Alley cousins raised $1.5 billion, or 15 percent more. (CB Insights was in the first FIL graduating class.) The total number of equity financings was... View Details
Keywords: Alexander Gelfand; illustrations by Dan Page
  • 13 Nov 2018
  • News

Building a New Real Estate Investment Model

small mom-and-pop operations, who often feel economic pressure themselves in rapidly gentrifying communities as taxes and other costs rise. Only 2 percent are owned by large institutional investors, and most of those homes are located in... View Details
Keywords: April White; Real Estate
  • 01 Dec 2015
  • News

Golden State of Mind

other circumstances do you pay the most but get the least?” he asks, referencing California’s high tax rate and overloaded public services. “Any HBS student would tell you that’s a monopoly supplier. If we had six states, each would try... View Details
Keywords: Julia Hanna
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