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  • All HBS Web  (4,738)
    • People  (15)
    • News  (1,461)
    • Research  (2,410)
    • Events  (12)
    • Multimedia  (12)
  • Faculty Publications  (865)
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  • December 2019 (Revised January 2021)
  • Supplement

The Leveraged Buyout of TXU: (B) Energy Future Holdings

By: Trevor Fetter, Erik Snowberg and Rebecca M. Henderson
This case is designed to support a lively discussion about the relative merits of shareholder vs. stakeholder perspectives in the context of a company that provides a vital public service that has important environmental implications. The 2007 purchase of TXU, the... View Details
Keywords: Leveraged Buyouts; Transformation; Insolvency and Bankruptcy; Environmental Sustainability; Business and Shareholder Relations; Business and Stakeholder Relations; Energy Generation; Utilities Industry; Energy Industry; Texas
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Fetter, Trevor, Erik Snowberg, and Rebecca M. Henderson. "The Leveraged Buyout of TXU: (B) Energy Future Holdings." Harvard Business School Supplement 320-065, December 2019. (Revised January 2021.)
  • 08 Sep 2014
  • Research & Ideas

The Strategic Way To Hire a Sales Team

has been consistent for years: involuntary turnover in sales organizations has remained at 13 percent, since peaking at 14.6 percent in 2009, and total turnover (involuntary and voluntary—i.e., retirements, moves, etc.) in both good and... View Details
Keywords: by Carmen Nobel
  • Web

C. Roland Christensen - Christensen Center for Teaching & Learning

energetic and rigorous discussion. The process involved much more than subject matter. It was an education in analysis and good judgment. Outside of class, he was dedicated to an immense amount of preparation and to making himself... View Details
  • 20 Mar 2007
  • First Look

First Look: March 20, 2007

the impact of inventory on sales and the interrelationship between gross margin and inventory. We also estimate the effects of exogenous explanatory variables such as store growth, proportion of new inventory, capital investment per... View Details
Keywords: Martha Lagace
  • 02 Jul 2018
  • Research & Ideas

Corporate Tax Cuts Don't Increase Middle Class Incomes

Halfpoint In the worlds of economic theory and conservative political orthodoxy, corporate tax cuts, such as the 2017 tax reform in the United States, should create benefits beyond businesses. As the thinking goes, middle class workers will see their compensation... View Details
Keywords: by Roberta Holland
  • 12 Mar 2021
  • News

My Favorite Case

The “Manila Water Company” case made me feel even more strongly about designing a career with social welfare as a goal, not just as an option. It also made me think differently about investing and want to encourage View Details
Keywords: Business Schools & Computer & Management Training; Educational Services
  • 23 Sep 2008
  • First Look

First Look: September 23, 2008

b01/en/common/item_detail.jhtml?id=609027 Kmart and ESL Investments (A) Harvard Business School Case 209-044 A major bankrupt retailer is poised to emerge from Chapter 11. Two activist hedge funds ("vulture investors") will own... View Details
Keywords: Martha Lagace
  • 02 Oct 2017
  • What Do You Think?

Do Bitcoin and Digital Currency Have a Future?

persuade staff members that hedging both securities and commodities contracts was an acceptable investment strategy and not mere speculation. Eventually, we succeeded in registering with the SEC and 37 US states before piling up legal... View Details
Keywords: by James L. Heskett; Financial Services
  • 12 Aug 2019
  • Research & Ideas

How Scale Changes a Manager's Responsibilities

possible to set expectations on what makes a good hire at your company (even if the hiring managers are experienced) and serve as a role model to managers who will eventually do this themselves. If you are new to hiring, get help from... View Details
Keywords: by Julia Austin
  • 19 Apr 2004
  • Research & Ideas

Birth of the American Salesman

the salesman's role in promoting goods was different from that of advertising. To use a military analogy common in the early twentieth century, advertising was a weapon for waging an air war, while salesmen were deployed as foot soldiers... View Details
Keywords: by Laura Linard
  • 31 Aug 2009
  • Research & Ideas

Why Competition May Not Improve Credit Rating Agencies

reserves when investing in bonds of lower ratings. Ratings are also used in private contracts, for example to define the investment objectives of bond mutual funds. Ratings are a concise and well-understood... View Details
Keywords: by Martha Lagace; Financial Services
  • 09 Jan 2018
  • First Look

First Look at New Research and Ideas, January 9, 2018

estimate their direct and indirect effects on real activity. Credit supply shocks have sizable direct and downstream propagation effects on investment and output throughout the period but no significant impact on employment during the... View Details
Keywords: Sean Silverthorne
  • 22 Apr 2019
  • Research & Ideas

Why Salespeople Struggle at Leading

shouldn’t make salespeople sales managers, but I don’t think that’s good advice,” Cespedes says. “Sales managers determine how much money salespeople make and how well they eat. It’s difficult, if not impossible, to develop the relevant... View Details
Keywords: by Dina Gerdeman
  • 27 Jan 2009
  • First Look

First Look: January 27, 2009

frontier technology and therefore do not need to attract foreign investment to innovate, so domestic saving does not matter for growth. A cross-country regression shows that lagged savings is positively associated with productivity growth... View Details
Keywords: Martha Lagace
  • October 2007
  • Article

The Effectiveness of Pre-Release Advertising for Motion Pictures: An Empirical Investigation Using a Simulated Market

By: Anita Elberse and Bharat N. Anand
One of the most visible and publicized trends in the movie industry is the escalation in movie advertising expenditures over time. Yet, the returns to movie advertising are poorly understood. The main reason is that disentangling the causal effect of advertising on... View Details
Keywords: Advertising; Stocks; Investment Return; Price; Revenue; Quality; Mathematical Methods; Motion Pictures and Video Industry
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Elberse, Anita, and Bharat N. Anand. "The Effectiveness of Pre-Release Advertising for Motion Pictures: An Empirical Investigation Using a Simulated Market." Information Economics and Policy 19, nos. 3-4 (October 2007): 319–343. (Special Issue on Economics of the Media.)
  • Blog

Eight Steps to Board Success for Female Executives

will be valued by the company. Be realistic about whether you are a good match for at least some of what the company is seeking. Step 2: Prepare Your Personal Elevator Pitch You will need materials that describe who you are as a potential... View Details
  • Web

Innovation & Innovative Capacity - Institute For Strategy And Competitiveness

competitiveness and technological innovation. Publications & Resources Summer 2001 MIT Sloan Management Review Vol. 42, No. 4 Innovation: Location Matters by Michael E. Porter & Scott Stern The authors describe how managers can understand... View Details
  • 11 Mar 2024
  • News

In Harmony

bankrupt. After several decades of impressive economic progress, Korea faced the humiliating prospect of seeing its credit rating drop to B2, below investment grade. In a stunning demonstration of national unity, a View Details
Keywords: Julia Hanna; photograph by Jun Michael Park
  • 17 Apr 2022
  • Book

How to Avoid the 'Ethical Slide' That Leads Companies Astray

ethical practice is the best compass, she advises. “The world is changing around businesses,” Nelson says. “There is more pressure to make profits, and at the same time to respond to environmental, social, and governance issues.” And, she says, View Details
Keywords: by Lane Lambert
  • 18 Sep 2019
  • Op-Ed

WeWork—The IPO That Shouldn’t?

which Softbank previously invested in WeWork. The ultimate lesson: Any corporate leader with the intent of going public must let the company, not the individual, be the focus of attention. One needs to... View Details
Keywords: by Nori Gerardo Lietz; Financial Services; Real Estate
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