Stocks - Publications - Faculty & Research

02 Apr 2001
Research & Ideas

Not All M&As Are Alike—and That Matters

We know surprisingly little about mergers and acquisitions, despite the buckets of ink spilled on the topic. In fact, our collective wisdom could be summed up in a few short sentences: Acquirers usually pay too much. Friendly deals done using View Details

Keywords: by Joseph L. Bower

11 May 2009
Research & Ideas

The IT Leader’s Hero Quest

company badly needs a jolt of energy and expertise to grow and to resuscitate its declining stock price. The chief executive who promoted Barton is hopeful but hard-nosed; and Barton's IT group—while talented and tech-savvy—is impatient,... View Details

Keywords: by Martha Lagace

07 Aug 2013
What Do You Think?

Is There Still a Role for Judgment in Decision-Making?

objective associates or making small tests; (3) seek ways of attaining distance by looking at a decision through someone else's eyes or focusing on the long-term impact of the decision; and (4) prepare to be wrong by setting limits on outcomes (similar to a "stop... View Details

Keywords: by James Heskett

04 Nov 2013
Research & Ideas

The Real Cost of Bribery

employee morale was by far more significantly affected by bribery than any other factor. That's important because studies have shown that employee morale is directly related to a firm's performance, including stock market returns. For... View Details

Keywords: by Carmen Nobel

Web

2018 Financial Risk and Regulation Survey - Behavioral Finance & Financial Stability

yield on the Bank of America Merrill Lynch index of high yield bonds, which remains fairly low. The bottom left and bottom right figures present the Case-Shiller 20 city index, a measure of real estate prices, and the cyclically-adjusted Price Earnings Ratio (CAPE), a... View Details

08 Feb 2023
Op-Ed

Building an Inclusive Workplace? Prepare to Shield It from Economic Fears

significantly in America between 2007 and 2020. However, bias remained constant for ability, weight, and age, the study said. Creating a safe space for all voices to be heard requires leaders to take stock of their biases, both... View Details

Keywords: by Hise O. Gibson and Nicole Gilmore

08 Oct 2008
Research & Ideas

Book Excerpt: A Sense of Urgency

mounted, the stock tanked, people were laid off, and some good employees jumped ship. The platform burned for all but the most complacent. Yet the economic collapse meant there was little or no funding left for new plant equipment, a new... View Details

Keywords: by John P. Kotter

01 Jan 2004
News

D. Ronald Daniel, MBA 1954

to put his quantitative and analytical skills to good use. Headed by the legendary Marvin Bower (MBA '30), an early leader of both the firm and the management consulting profession itself, who had recently begun the practice of stocking... View Details

23 Jun 2010
Working Paper Summaries

The Role of Institutional Development in the Prevalence and Value of Family Firms

Keywords: by Raphael Amit, Yuan Ding, Belén Villalonga & Hua Zhang

August 2021 (Revised November 2021)
Case

The NCB Capital Turnaround: Waking the Sleeping Giant

By: Sandra J. Sucher, Gamze Yucaoglu, Shalene Gupta and Fares Khrais

The case opens in 2019, five years after, Sarah Al Suhaimi, CEO of NCB Capital (NCBC), the investment arm of Saudi’s largest bank, NCB, took the helm. Having successfully turned the business to make it the market leader, she was contemplating her next steps as... View Details

Keywords: Turnaround; Investment Banking; Financial Institutions; Change Management; Leadership; Business Model; Strategy; Business and Stakeholder Relations; Management Teams; Asset Management; Growth and Development Strategy; Saudi Arabia

Citation

Educators

Purchase

22 Oct 2014
HBS Seminar

Koleman Strumpf, University of Kansas School of Business

01 Jan 2013
News

André R. Jakurski, MBA 1973

enabled Jakurski and his colleagues to expand into a full range of financial services, including trading and investment banking. In 1991, when the Brazilian stock market opened up to foreign investment, Jakurski invested heavily in... View Details

Keywords: Susan Young

August 2020 (Revised February 2021)
Case

Luckin Coffee (A): Caffeine-fueled Growth?

By: Ramon Casadesus-Masanell and Karen Elterman

This case describes the founding of Chinese coffee chain Luckin Coffee in 2017 and its path to surpassing Starbucks as the largest coffee chain in China (by number of stores) in 2019. Unlike Starbucks stores, which were designed to be welcoming “third places” for... View Details

Citation

Educators

Purchase

10 Aug 2009
Research & Ideas

High Commitment, High Performance Management

A: Leaders must make conscious, principled choices. Such principled choices define a firm's character. They are: Purpose: It defines the firm's contribution to customers, employees, investors, community, and society, not only increasing View Details

Keywords: by Martha Lagace

29 Apr 2014
Working Paper Summaries

Comparing the Cash Policies of Public and Private Firms

Keywords: by Joan Farre-Mensa

29 Apr 2016
HBS Seminar

Richard Freeman, Harvard University & NBER

01 Sep 2003
News

Dwight Raiford

national Little League board of directors, stresses “building big-league citizens, not big-league ballplayers.” But winning has its thrills, such as being invited to Wall Street with the team last year. Says Raiford, “After 25 years in financial services, how do I get... View Details

Keywords: Susan Young; Finance

28 Apr 2014
Working Paper Summaries

Payout Policy

Keywords: by Joan Farre-Mensa, Roni Michaely & Martin C. Schmalz

12 Nov 2019
Research & Ideas

Corporate Innovation Increasingly Benefits from Government Research

Blanding is a writer based in the Boston area. [Image: Bruce yuanyue Bi / Alamy Stock Photo] Related Reading Political Dysfunction Makes America Less Competitive Do National Security Secrets Hold Back National Innovation? For Better... View Details

Keywords: by Michael Blanding

12 Mar 2014
Lessons from the Classroom

Managing the Family Business: Firing the CEO

Even the stock market moves with changes in the leadership of a company. When the Japanese camera maker Olympus fired its CEO in 2011, its stock fell; when Air France-KLM indicated it would let its CEO go... View Details

Publications