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Business Finance Course Online | HBS Online

This course is part of the Finance & Accounting track. Introduction to Leading with Finance ENROLL NOW No application needed for our certificate programs. Start your journey today! Leading with View Details

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Private Equity Finance - Course Catalog

HBS Course Catalog Private Equity Finance Course Number 1440 Senior Lecturer Ted Berk Fall; Q1Q2; 3.0 credits 28 Sessions Exam Overview This is an advanced corporate finance course focused on private equity... View Details

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Data - Behavioral Finance & Financial Stability

The Growth of Finance ” by Robin Greenwood and David Scharfstein . Appendix Data US Government Debt Project members Robin Greenwood , Sam Hanson , Jeremy Stein , and Lawrence Summers have written extensively... View Details

February 2010 (Revised March 2013)
Case

Negotiating Trust: Borrowers, Lenders, and the Politics of Household Debt

By: Catherine S. M. Duggan and Alexander F. Roehrkasse

Keywords: Borrowing and Debt; Personal Finance; Negotiation; Trust

December 9, 2011
Comment

Solving the Debt Crisis May Be Europe's Biggest Step Forward

By: Dante Roscini

Keywords: Borrowing and Debt; Europe

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March 2011 (Revised November 2011)
Case

Harmonic Hearing Co.

By: Howard H. Stevenson and Craig H. Stephenson

Harmonic is a small, privately held manufacturer of hearing aids. Harriet Burns and Marc Davis, two employees at Harmonic, have an opportunity to purchase the company from the founder. As well-informed insiders who understand the industry, Burns and Davis believe the... View Details

Keywords: Debts; Quantitative Analysis; Financing; Entrepreneurial Finance; Development Stage Enterprises; Small ＆ Medium-sized Enterprises; Small Business; Business Growth and Maturation; Cash Flow; Mathematical Methods; Entrepreneurship; Financing and Loans; Borrowing and Debt; Equity; Manufacturing Industry

March 2001
Background Note

Valuing the Option Component of Debt and Its Relevance to DCF-Based Valuation Methods

The flows-to-equity or equity cash flows valuation method is a discounted cash flow method used to estimate the equity portion of the capital structure. It is closely related to the venture capital/buyout valuation method, which estimates the IRR of the stream of cash... View Details

Keywords: Cash Flow; Valuation; Equity

June 2017
Article

Is Operating Flexibility Harmful under Debt?

By: Nikolaos Trichakis, Dan A. Iancu and Gerry Tsoukalas

We study the inefficiencies stemming from a firm's operating flexibility under debt. We find that flexibility in replenishing or liquidating inventory, by providing risk-shifting incentives, could lead to borrowing costs that erase more than a third of the firm's... View Details

Keywords: Covenants; Risk-shifting; Inventory; Agency Costs; Debt Financing; Risk Management; Borrowing and Debt

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About - Behavioral Finance & Financial Stability

in real time, perhaps policy makers can anticipate financial vulnerability and take measures to prevent crises. Harvard faculty have originated measures of investor sentiment in the equity, credit, and sovereign debt markets. The... View Details

22 Feb 2024
News

How Gen Z Can Avoid Further Student Debt in 2024

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Research - Behavioral Finance & Financial Stability

effects on other firms. See Sergey’s other research work here and Adi’s other research work here . Related Themes: Global Crisis & Debt Data, Monetary Policy & Money Markets, Stabilization Policy & Regulation More Info The Growth of View Details

July 19, 2011
Article

Social Security Refrom Is the Key to the Debt Ceiling Debate

By: Robert C. Pozen

Keywords: Compensation and Benefits; Governing Rules, Regulations, and Reforms; Borrowing and Debt

December 10, 2013
Article

A Market-based Mechanism to Improve Capital Expenditures

By: Eric D. Werker

Keywords: Finance; Infrastructure; Debt; Political Risk; Expenditure; Ghana; Africa

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May 2001 (Revised January 2003)
Case

Calpine Corporation: The Evolution from Project to Corporate Finance

By: Benjamin C. Esty and Michael Kane

In early 1999, Calpine Corp.'s CEO Pete Cartwright adopted an aggressive growth strategy with the goal of increasing the company's aggregate generating capacity from approximately 3,000 to 15,000 megawatts (MW) by 2004. He believed there was a fleeting opportunity to... View Details

Keywords: Information Technology; Cost of Capital; Project Finance; Adaptation; Profit; Financial Strategy; Corporate Finance; Energy Industry; United States

24 Sep 2021
News

‘A Different Kind of Moral Hazard’: The History and Politics behind the Evergrande Debt Crisis

2016
Working Paper

College Tuition, Public Finance and New Business Starts

By: Gareth Olds

A growing public discourse cites the rising cost of education and student debt overhang as a contributor to slow economic growth. A parallel discussion explores the causes of the secular decline in business dynamism and entrepreneurship rates in the United States over... View Details

Keywords: Cost; Higher Education; Entrepreneurship