Financial Decisions - Publications - Faculty & Research

17 Mar 2015
First Look

First Look: March 17

Publications March 2015 Journal of Financial Economics Banks as Patient Fixed-Income Investors By: Hanson, Samuel G., Andrei Shleifer, Jeremy C. Stein, and Robert W. Vishny Abstract—We examine the business model of traditional... View Details

Keywords: Sean Silverthorne

Profile

Andrew Kletzing

for general management — for making decisions and owning the consequences." In addition, Andrew participated in the Korea-United States Friendship Council, a joint group of Army officers and South Korean businessmen who, Andrew says,... View Details

01 Sep 2007
News

HBS Launches Unique Deferred-Admission Program

the new program — before arriving on campus. “No other business school offers anything similar,” says Dee Leopold (MBA ’80), managing director of MBA Admissions and Financial Aid. “This is a bold program that is trying to do three things:... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

30 Jul 2014
Lessons from the Classroom

Teaching The Deal

exercises become increasingly complex, involving multiple parties with varying interests. For example, when a chief financial officer and a marketing person are involved in negotiations, the CFO is naturally focused on keeping costs down... View Details

Keywords: by Dina Gerdeman; Education

05 Dec 2011
Research & Ideas

It’s Alive! Business Scholars Turn to Experimental Research

behavioral research from CEOs, policymakers, and high-stakes decision makers." —Francesca Gino "It's always been obvious to social scientists and business scholars that there are lots of things that you can't learn in the laboratory, but... View Details

Keywords: by Carmen Nobel

Web

Crisis Leadership - Bubbles, Panics & Crashes – Historical Collections – Harvard Business School

change ingrained habits and emerge as industry leaders. One such firm was the renowned Waltham Watch Company, which pioneered the production of watches from interchangeable parts. Like all manufacturers of non-essential products, Waltham leadership faced difficult... View Details

22 Apr 2008
First Look

First Look: April 22, 2008

borrowers in the London market, we challenge the traditional view that gold-standard adherence worked as a credible commitment mechanism that was rewarded by financial markets with lower borrowing costs. We demonstrate that in the poor... View Details

Keywords: Martha Lagace

19 Aug 2013
Research & Ideas

Studying How Income Inequality Shapes Behavior

financial stability, political representation, and average health and educational outcomes. But this research has done little to demonstrate the effects of inequality. Some researchers have found no effects at all, while others have... View Details

Keywords: by Michael Blanding

November 2003 (Revised November 2004)
Case

Ottawa Devices, Inc. (B)

By: Henry B. Reiling and Harry Clegg Midgley IV

The Rollins family assembly was meeting to discuss and decide which one or combination from among an estate freeze, installment sale of stock, ESOP (employee stock ownership plan), leveraged capitalization, annual gifts of stock, one-time outright gift of stock, or... View Details

Keywords: Employee Stock Ownership Plan; Property; Mergers and Acquisitions; Decision Choices and Conditions; Stocks; Business Exit or Shutdown; Organizational Change and Adaptation; Family Business; Human Needs; Financial Strategy; Manufacturing Industry

Citation

Educators

Purchase

01 Nov 2012
News

First and Goal

yet in high school) not play tackle football. Swearengin made the difficult decision that he could no longer support tackle football for kids 13 or under; however, his recommendation to the board that the Downtown Giants switch to flag... View Details

Keywords: Funds, Trusts, and Other Financial Vehicles; Funds, Trusts, and Other Financial Vehicles

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

01 Sep 2020
News

3-Minute Briefing: Mark Mason (MBA 1995)

different perspectives. But I’m also willing to take ownership. That’s not in contradiction to the first point. Leaders have to make decisions and provide vision and direction to motivate people to execute. Unlike the last crisis, which... View Details

Keywords: April White; Photo by: Michael Bucher; banking; diversity; COVID-19; leadership; African American; career advice; Finance

February 2006 (Revised August 2006)
Case

Auctioning Morningstar

By: Malcolm P. Baker and James Quinn

Morningstar, a publisher of data and ratings for mutual fund investors, is considering an auction-based approach to the company's upcoming IPO, with management weighing the risks and benefits of the auction approach vs. a traditional underwritten offering. View Details

Keywords: Financial Strategy; Initial Public Offering; Stock Shares; Cost vs Benefits; Strategy; Auctions; Business or Company Management; Conflict of Interests; Publishing Industry

Citation

Educators

Purchase

18 Jun 2007
Op-Ed

Leveling the Executive Options Playing Field

Harvard Business School professor Mihir A. Desai argues that investors and regulators are served poorly by the U.S. corporate financial reporting system, which allows companies to declare different profit figures to the IRS than they... View Details

Keywords: by Mihir Desai

September 2006 (Revised April 2007)
Case

Medtronic Vision 2010

By: Lynda M. Applegate

Describes the company's year-long efforts to transition from a medical device company selling products to physicians for use with patients suffering chronic end-stage disease, to a medical technology company providing life-long solutions for people with chronic... View Details

Keywords: Business Plan; Transition; Decision Choices and Conditions; Corporate Entrepreneurship; Financial Management; Financing and Loans; Health Care and Treatment; Innovation and Invention; Strategic Planning; Health Industry

Citation

Educators

Purchase

23 Jun 2003
Research & Ideas

Psychology, Pathology, and the CEO

financial and strategic decision making. But along the way, I also noted another important aspect of this leadership task, a related line of effort that seemed to go largely unnoticed and unstudied by... View Details

Keywords: by Rosabeth Moss Kanter

Profile

Andrew Goldin

faculty were." Though a relative newcomer to business, Andrew has found his teaching experience relevant to his class work. "In case after case," he says, "my experiences as a teacher have been directly applicable to the View Details

15 Sep 2015
Blog Post

On the Road: HBS in Israel

applicants understand that HBS has really generous financial aid packages. Clearest, simplest advice from the alumni panel? Apply to HBS! What advice would you give to prospective students? Keep doing what you’re doing—gaining meaningful... View Details

08 Aug 2013
News

Cause Marketing Gets Personal

her classmates, Langer began her employment in the financial industry, joining Shearson Lehman Brothers as an investment banker. "I was specializing with retail companies: Federated Department Stores, Macy's, Barneys New York. It was just... View Details

Keywords: Jill Radsken; Health, Social Assistance; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services

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