Relative Performance Evaluation - Publications - Faculty & Research

15 Jul 2008
First Look

First Look: July 15, 2008

invested in technology stocks, relative to their style benchmarks, than their older colleagues. Furthermore, young managers, but not old managers, exhibit trend-chasing behavior in their technology stock investments. As a result, young... View Details

Keywords: Martha Lagace

May 2024 (Revised May 2025)
Case

Hakluyt: From Corporate Intelligence to Trusted Advisors

By: Joseph B. Fuller and Lena Duchene

Established in 1995 by a group of ex-British intelligence officers, Hakluyt & Company (Hakluyt) was a corporate advisory firm that generated insights by leveraging a unique blend of internal expertise and a global network of well-connected individuals. Since 2019, the... View Details

Citation

Educators

Purchase

29 Aug 2017
First Look

First Look at New Research and Ideas, August 29

highlighting the work performed by the government of an archetypal American town increased trust in government and support for government services. In Study 2, Boston residents who interacted with a website that visualized both service... View Details

Keywords: Sean Silverthorne

24 Jun 2008
First Look

First Look: June 24, 2008

education networks. We find that portfolio managers place larger bets on firms they are connected to through their network, and perform significantly better on these holdings relative to their non-connected... View Details

Keywords: Martha Lagace

18 Jun 2007
Op-Ed

Leveling the Executive Options Playing Field

true economic performance is. The evolution of the 2 parallel universes of financial and accounting reporting systems appears to be a historical accident rather than a manifestation of 2 competing views of what profits should be. Aligning... View Details

Keywords: by Mihir Desai

07 Dec 2010
First Look

First Look: Dec. 7

regularly explore together: (1) Who is your primary customer? Have you organized your company to deliver maximum value to that customer? (2) How do your core values prioritize shareholders, employees, and customers? Is everyone in your company committed to those... View Details

Keywords: Sean Silverthorne

29 Sep 2015
First Look

September 29, 2015

or downstream suppliers depends crucially on the elasticity of demand for its final product. Moreover, a firm's propensity to integrate a given stage of the value chain is shaped by the relative contractibility of the stages located... View Details

Keywords: Sean Silverthorne

03 Mar 2008
First Look

First Look: March 4, 2008

the model, we find that (i) the supply of long- relative to short-term bonds is positively related to the term spread, (ii) supply predicts positively long-term bonds' excess returns even after controlling for the term spread and the... View Details

Keywords: Martha Lagace

11 Dec 2012
First Look

First Look: Dec. 11

of bank leverage and risk exposures contributes to a form of systemic risk. We compute bank exposures to system-wide deleveraging, as well as the spillover of a single bank's deleveraging onto other banks. We show how our model can be used to View Details

Keywords: Sean Silverthorne

08 May 2018
First Look

First Look at New Research and Ideas, May 8, 2018

Harvard Business School Case 818-013 Magpie: Developing and Using Buyer Personas The founders of a start-up platform for publishers have developed preliminary personas of target customers and are evaluating the implications for initial... View Details

Keywords: Sean Silverthorne

25 Apr 2017
First Look

First Look at New Research, April 25

OTT, along with a recession, and use it to analyze cord-cutting behavior (i.e., dropping of cable/satellite subscriptions). We find high levels of cord cutting during this time and evidence that it became relatively more prevalent among... View Details

Keywords: Sean Silverthorne

06 Feb 2006
Research & Ideas

The Trouble Behind Livedoor

in a relatively narrow trading band, say between $20 and $50. In a typical year, about 300 firms split their shares, and most splits are in ratios of 2-for-1 or 3-for-2. There are some famous examples of firms that have decided not to... View Details

Keywords: by Sean Silverthorne; Financial Services; Technology

11 Dec 2007
First Look

First Look: December 11, 2007

in performance that persisted for at least five years. This decline was most pronounced among star analysts who moved to firms with lesser capabilities and those who moved solo, without other team members. Star analysts who moved between... View Details

Keywords: Martha Lagace

12 Mar 2019
First Look

New Research and Ideas, March 12, 2019

added. Witnessing the hidden work performed on their behalf makes customers more satisfied, more willing to pay, and more loyal. It can also make employees more satisfied by demonstrating to them that they are serving their customers... View Details

Keywords: Dina Gerdeman

13 May 2014
First Look

First Look: May 13

maintaining a long-term strategic plan is of value in thwarting such investors. Executives and directors are advised to analyze their corporations from the point of view of an activist investor, to create harmony within the board of directors, and to measure View Details

Keywords: Sean Silverthorne

30 May 2000
Research & Ideas

Market Makers Bid for Success

doing these manual negotiations, why not just use online auctions? Glenn Meakhem HBS MBA '91 founder and CEO, FreeMarkets That was a pretty radical notion in June 1994, but it worked. What I learned very quickly was that it wasn't just a question of technology—it was... View Details

Keywords: by Staff; Web Services; Technology

10 Apr 2006
Research & Ideas

American Auto’s Troubled Road

from abroad, and only relatively benign competition among themselves, the Big 3 and their stakeholders were all happy and doing well." That comfortable situation changed abruptly when oil prices soared in the 1980s, and the Japanese... View Details

Keywords: by Garry Emmons; Manufacturing; Transportation; Auto

21 Apr 2015
First Look

First Look: April 21

society as a whole. Publisher's link: http://www.wiley.com/WileyCDA/WileyTitle/productCd-1118646983.html April 2015 Management Science Private Equity and Industry Performance By: Bernstein, Shai, Josh Lerner, Morten Sorensen, and Per... View Details

Keywords: Carmen Nobel & Sean Silverthorne

15 Nov 2004
Research & Ideas

Solving the Health Care Conundrum

services as well as information that assesses the relative value delivered by providers. Because the United States has competition in health care, we would expect to see improving value, but we see just the opposite. Value-based... View Details

Keywords: by Michael E. Porter; Health