Non-bank Financial Institutions - Publications - Faculty & Research

01 Jun 2015
News

The Giving Tree

Managing Director, GTCR Chicago “My father was a fireman and came from a large family; I was a financial aid kid in college. There is a sense of gratitude and obligation when you’ve benefited from an View Details

Keywords: Julia Hanna

01 Jun 2006
News

Jay Light Named New HBS Dean

initiatives. He also was chair of the Finance unit (1986–88) and senior associate dean, director of Faculty Planning (1988–94). He took a leave of absence in 1977–79 to serve as director of investment and financial policies for the Ford... View Details

Keywords: Business Schools & Computer & Management Training; Educational Services

02 Nov 2009
Research & Ideas

Shareholders Need a Say on Pay

hasn't been much variation on compensation packages in the past, Ferri advocates a more holistic approach that tailors executive pay to a company's individual circumstances. "I like the notion of say on pay because it encourages View Details

Keywords: by Julia Hanna; Financial Services

16 Jun 2003
Research & Ideas

Surveying the VC Landscape

dramatically since several large public institutions (for instance, the California Public Employees Retirement System and the University of Texas Investment Management Company) have released onto the Internet the returns from the funds in... View Details

Keywords: by Ann Cullen; Financial Services

Fast Answer

Sustainability in VCPE & Investing

perspective and concise coverage of key areas of ESG as it relates to private equity investors and asset managers. Climate Finance Markets and the Real Economy Report by the Global Financial Markets Association (GFMA) and Boston... View Details

September 2018 (Revised March 2019)
Case

National Australia Bank: Looking Out for the Customer

By: Mark R. Kramer and Hugh Foley

After learning that most defaults were due to health, job or marital problems, National Australia Bank revised its debt collection department to shift from penalizing people in default to assisting them in developing a work-out plan, enabling more than 90% to meet... View Details

Keywords: Banks and Banking; Borrowing and Debt; Customer Focus and Relationships; Success; Australia

Citation

Educators

Purchase

January 2008 (Revised April 2009)
Case

Kinyuseisaku: Monetary Policy in Japan (A)

By: Laura Alfaro and Akiko Kanno

Toshihiko Fukui, Governor of the Bank of Japan, faced a complex situation in the fall of 2007. An economic recovery had allowed the central bank to abandon its zero interest rate policy, which had been in place for years, and raise rates to 0.5%. The Bank of Japan was... View Details

Keywords: Inflation and Deflation; Money; Central Banking; Interest Rates; Policy; Japan

Citation

Educators

Purchase

2008
Working Paper

A Darker Side to Decentralized Banks: Market Power and Credit Rationing in SME Lending

By: Rodrigo Canales and Ramana Nanda

We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks—where branch managers have greater autonomy over lending decisions—give larger loans to small firms and those with "soft... View Details

Keywords: Organizational Structure; Financing and Loans; Industry Structures; Banks and Banking; Banking Industry; Mexico

Citation

Read Now

2004
Working Paper

Contract Rights and Risk Aversion: Foreign Banks and the Mexican Economy, 1997-2004

By: Stephen Haber and Aldo Musacchio

In 1997 Mexico allowed foreign banks unrestricted entry to the market. What impact did foreign mergers and acquisitions have on Mexico's banks? We find that all banks in Mexico have become increasingly risk averse, and that foreign banks are even more so. Foreign banks... View Details

Keywords: Risk and Uncertainty; Contracts; Market Entry and Exit; Globalization; Microeconomics; Banks and Banking; Banking Industry; Mexico

Citation

October 1999 (Revised November 1999)
Case

Wit Capital: Evolution of the Online Investment Bank

Wit Capital brings democracy to the IPO process via the World Wide Web. This case encourages debate about the role service will play in this technology-intermediated investment bank and the sources and sustainability of its competitive advantage. View Details

Keywords: Initial Public Offering; Service Delivery; Competitive Advantage; Investment Banking; Web; Banking Industry

Citation

Educators

Purchase

29 Jan 2015
Op-Ed

The Fall of Greece

Not allowing establishment of private educational institutions on equal footing with public institutions. The best educational institutions in the world are private and I am proud to be a faculty in one of... View Details

Keywords: by George Serafeim

01 Dec 2017
News

Bridging Domains

frequently arise in growth markets,” she says. The Mehras view their 30th Reunion gift as a way to give back to an institution that has played an important role in their lives. Both received financial aid as... View Details

Profile

Damien Hooper-Campbell

of soul searching, "I realized what really drives me is people; that's the thread in my life." Even though he would have to accept a fifty percent pay cut, Damien joined the Upper Manhattan Empowerment Zone in Harlem, writing grants and running View Details

03 Apr 2012
First Look

First Look: April 3

Lerner and Scott Stern, 483-502. University of Chicago Press, 2012 Abstract Software development occurs in a patchwork or "confederacy" of different types of institutions (universities, small start-ups, multinational... View Details

Keywords: Carmen Nobel

1990
Book

Banks as Multinationals

By: G. Jones

This comparative and international study looks at the origins and business strategies of multinational banks using empirical research from the United States, Japan, Europe and Australia. The authors survey the evolution of multinational banks over time, and suggest a... View Details

Keywords: Banks and Banking; Framework; Multinational Firms and Management; Growth and Development; Surveys; Research; Business Strategy; Japan; Europe; United States; Australia

Citation

Find at Harvard

07 Mar 2005
What Do You Think?

Should Business Management Be Regarded as a Profession?

type of system is not new to the financial services field." And Kim Osorio reminds us, "Within my field of human resources we already have a certification program... ." Will recent events lead to a more intense debate, as... View Details

Keywords: by James Heskett

06 Feb 2006
What Do You Think?

Should CEOs of Public Companies Offer Earnings Guidance?

this exposure." Shiva Rajgopal, who has investigated firms that stop giving guidance, shared some of his findings and those of his colleagues: " . . . firms that stop guiding have poor trailing earnings and stock return performance; they also have lower View Details

Keywords: by James Heskett; Financial Services

01 Mar 2016
First Look

March 1, 2016

2016 Boston: Self-published An Easy Introduction to Financial Accounting: A Self-Study Guide By: Narayanan, V.G. Abstract—This book is a self-study guide written for someone who wishes to teach themselves basic View Details

Keywords: Sean Silverthorne

03 Sep 2013
First Look

First Look: September 3

role of financial intermediaries. In the private equity setting, institutional investors are increasingly eschewing intermediaries in favor of direct investments. To understand the trade-offs in this... View Details

Keywords: Sean Silverthorne