Publications

06 Aug 2001
Research & Ideas

Go Global—or No? Can You Make the Case?

financial service companies. Benro was very familiar with European customers in the financial services sector but had no experience with other industries. "Working with Benro might be cheaper than doing... View Details

Keywords: by Walter Kuemmerle

05 May 2003
Research & Ideas

SEC Commissioner Sees “Healing and Reform”

point to history to make their case. The country's first major financial crisis—the Great Depression—led to the Securities Acts of 1933 and 1934, which effectively regulated the stock market for nearly seventy years, noted Goldschmid.... View Details

Keywords: by Catherine Walsh

2020
Working Paper

Aggregate and Firm-Level Stock Returns During Pandemics, in Real Time

By: Laura Alfaro, Anusha Chari, Andrew Greenland and Peter K. Schott

We show that unexpected changes in the trajectory of COVID-19 infections predict U.S. stock returns, in real time. Parameter estimates indicate that an unanticipated doubling (halving) of projected infections forecasts next-day decreases (increases) in aggregate U.S.... View Details

Keywords: COVID-19; Stock Returns; Health Pandemics; Stocks; Investment Return; Forecasting and Prediction

Read Now

September 2018 (Revised August 2021)
Teaching Note

Blackstone at Age 30 and Blackstone at 35

By: Josh Lerner

This teaching note is meant to guide in the instruction of HBS No. 316-013 "Blackstone at 30" case. It examines the process of institutionalization and scaling in private equity and alternative investments more generally, looking specifically at how Blackstone's size... View Details

Keywords: Finance; Blackstone; Alternative Assets; Venture Capital; Private Equity; Business Growth and Maturation; Public Ownership; Cost vs Benefits; Financial Services Industry

07 Sep 2021
News

Summer Fellowship Recipient is a Changemaker in Tanzania

Afya Pamoja cofounders Patrick Anyanga, Robert Smith, Dr. Helga Mutasingwa, and Simon DeBere at the company’s office in Dar es Salaam, Tanzania. In Tanzania, women are 100 times more likely to die from pregnancy-related complications than women in high income... View Details

Keywords: April White

01 Dec 2009
News

The Story of Israel’s Economic Miracle

self-confidence, sophisticated analytical skills, and the ability to make decisions quickly. And unlike the top-down hierarchy found in the U.S. military, the IDF is a ground-up organization where local commanders are responsible for... View Details

Keywords: Sean Silverthorne; National Security and International Affairs; Government

Profile

Juan Pablo Moncayo

to make decisions with conviction, but without all the necessary information." As he worked his way up at Goldman, from banking to private equity, HBS remained in the back of his mind. Finally, in 2013, JP realized "it was now... View Details

Keywords: Financial Services

07 Jan 2015
Research & Ideas

The Quest for Better Layoffs

could have on families who didn't have a lot of resources at their disposal," says Elana Silver, now a talent development consultant at State Street, a Boston-based financial services company. "For most of my classmates, and for... View Details

Keywords: by Carmen Nobel; Manufacturing

May 1986 (Revised February 1991)
Case

Wilson Lumber Co.

By: Thomas R. Piper

The Wilson Lumber Co. is faced with a need for increased bank financing due to its rapid sales growth and low profitability. Students must determine the reasons for the rising bank borrowing, estimate the amount of borrowing needed, and assess the attractiveness of the... View Details

Keywords: Borrowing and Debt; Financing and Loans; Banks and Banking; Forecasting and Prediction; Sales; Financial Strategy

March 2019
Case

Mahindra Finance

By: V.G. Narayanan and Tanvi Deshpande

Mahindra Finance is a non-banking lender operating mainly in the rural and semi-urban areas of India. Set up in 1991, the company had grown to become a market leader with assets of $8.5 billion and a presence in 3,30,000 villages across India. Since most of Mahindra's... View Details

Keywords: Accounting; Business Model; Volatility; Customer Focus and Relationships; Decisions; Credit; Financing and Loans; Service Delivery; Risk and Uncertainty; Financial Services Industry; India

11 Jul 2012
Research & Ideas

Book Excerpt: ’The Future of Boards’

Editor's note: The credit crisis and subsequent recession has thrown many financial and business institutions into, if not chaos, then at least a sense that the landscape underneath has shifted significantly. One institution undergoing... View Details

Keywords: by Jay Lorsch

26 May 2015
Blog Post

5 Ways the Case Method Changes How You Learn

The case method is a staple of the HBS MBA experience. Pioneered by our faculty, we think it’s the best way to prepare our students for the challenges of leadership. So how does it work? And how does it change how students think? We decided to have a few of our... View Details

01 Dec 2008
News

Lesson from the Fall

a flight to abstractions, resulting in few business-specific decision criteria for Enron executives. Along the way Enron lost track of its ideals. This loss of ideals reveals the most important lessons of the Enron story — that View Details

Keywords: Malcolm S. Salter; Oil and Gas Extraction; Mining; Electric Power Generation, Transmission, Distribution; Utilities

March 2021
Supplement

CashDrop (B1)

By: Rembrand Koning, Paul A. Gompers and Sarah Gulick

After the events in CashDrop A, Flores-Martinez received two concrete offers from VC funds for his startup business, CashDrop. This case describes the tensions between the two funds: a traditional VC fund who would offer Flores-Martinez a prestigious platform, and a... View Details

Keywords: Small Business; Entrepreneurship; Business Startups; Venture Capital; Internet and the Web; Decision Choices and Conditions; Financial Services Industry; Financial Services Industry; Chicago; Illinois

March 2022 (Revised April 2022)
Case

MTN: Unlocking Value While Driving Socioeconomic Progress

By: Benjamin C. Esty, Pippa Tubman Armerding and Dilyana Karadzhova Botha

On March 10, 2021, Ralph Mupita the new CEO of MTN Group, Africa's largest telecommunications company, presented the group’s 2020 annual results and unveiled a new strategy to “drive growth and unlock value.” Despite MTN’s leadership in most of its markets, the... View Details

Keywords: Decision Making; Goals and Objectives; Valuation; Emerging Markets; Business Strategy; Financial Management; Information Technology; Corporate Finance; Telecommunications Industry; Africa; South Africa; Ghana; Nigeria