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Law, Management and Entrepreneurship - Course Catalog

transactions. The course will also explore legal issues involved in starting, joining or investing in start-ups and decision making from the time an entrepreneur conceives, starts to build and obtains View Details

24 Sep 2020
Research & Ideas

Financial Meltdowns Are More Predictable Than We Thought

increased the odds of a crisis to 40 percent." “Previous authors had shown that there was some ability to predict financial crises,” says Hanson, a professor of business administration in the HBS Finance Unit. “But we were surprised by... View Details

Keywords: by Danielle Kost; Financial Services

1972
Chapter

Optimal Utilization of Market Forecasts and the Evaluation of Portfolio Performance

By: Michael Jensen

Keywords: Investment Portfolio; Financial Markets; Forecasting and Prediction; Performance Evaluation

SSRN

01 Jan 2005
News

Nancy M. Barry, MBA 1975

in 1979, had a budget of only $2 million, and many of Barry's peers questioned her decision to leave one of the world's most prestigious institutions to join a much smaller player in the global economy. "On day one I had to order my own... View Details

2009
Working Paper

Female Empowerment: Impact of a Commitment Savings Product in the Philippines

By: Nava Ashraf, Dean Karlan and Wesley Yin

Female "empowerment" has increasingly become a policy goal, both as an end to itself and as a means to achieving other development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering women. Here, using a... View Details

Keywords: Saving; Microfinance; Personal Finance; Decision Making; Microeconomics; Gender; Power and Influence; Philippines

Read Now

17 Apr 2012
First Look

First Look: April 17

substitutes for equity finance, payout taxes may therefore have an effect on the investment of firms. High taxes will favor investment by firms that can finance internally. Using an international panel with many changes in payout taxes,... View Details

Keywords: Carmen Nobel

March 2013 (Revised March 2014)
Case

Brazos Partners and the Tri-Northern Exit

By: Matthew Rhodes-Kropf and Nathaniel Burbank

Randall Fojtasek, a partner at the Dallas-based Brazos Private Equity Partners, must decide whether now is the time to sell his firm's investment in Tri-Northern Distribution. Brazos, a middle-market leveraged buyout group, created the company two years earlier through... View Details

Keywords: Private Equity Exit; LBO; Leveraged Buyout Transaction; Texas; Security; Brazos; Tri-Northern; Tri-Ed; Northern Video; Private Equity; Partners and Partnerships; Distribution; Leveraged Buyouts; Decision Choices and Conditions; Investment Funds; Financial Services Industry; Distribution Industry; Texas

December 2003 (Revised May 2004)
Case

Grove Street Advisors

By: G. Felda Hardymon, Josh Lerner, Ann Leamon and Frank Angella

Grove Street Advisors, a manager of customized private equity investment products, has been very successful in its first five years. To grow, the group must decide whether to target smaller organizations, revive its coinvestment efforts, or enter the highly competitive... View Details

Keywords: Business Organization; Decision Choices and Conditions; Private Equity; Investment; Market Entry and Exit; Competitive Strategy

01 Dec 2008
News

Lesson from the Fall

precisely what Enron lacked in its governance practices: Sustained attention to the qualitative objectives and ethical standards of the organization; Balanced incentives that reward and penalize results other than economic performance; Systematic audits of View Details

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

01 Dec 2020
Blog Post

Hiring a Career Switcher: The Value of the MS/MBA

curriculum provides a strong foundation in general management, builds students’ design skills, and extends their understanding of engineering. Upon completion of the program, graduates are prepared to make decisions grounded in technical... View Details

Keywords: All Industries

August 2009
Case

Bank of America Sports Sponsorship

By: Stephen A. Greyser and John L. Teopaco

A major sports sponsor must decide on new, renewal, or withdrawal from significant relations with teams/leagues/events, using a distinctive approach to assessment. View Details

Keywords: Cost vs Benefits; Decision Choices and Conditions; Partners and Partnerships; Management Analysis, Tools, and Techniques; Performance Evaluation; Financing and Loans; Marketing Strategy; Sports Industry

01 Mar 2014
News

Faculty and Alumni Books for March 2014

decisions about which extracurricular activities to pursue, which schools to apply to, and which topics to choose for their essays. An Introduction to Real Estate Finance by Edward A. Glickman (MBA 1981)... View Details

February 2022 (Revised May 2025)
Case

Resident 2020

By: Jeffrey F. Rayport and Thomas O. Jones

Launched in 2016, Resident was a leading player in the direct-to-consumer bed-in-a-box mattress market, where it was one of at least 175 venture-backed companies competing in the space. By late 2020, it had realized over $500 million in revenue, profitability in the... View Details

Keywords: Digital Marketing; Business Growth and Maturation; Operations; Entrepreneurship; Competitive Strategy; Initial Public Offering; Decisions; Marketing Strategy; Cash Flow; Demand and Consumers

May 2021
Article

The Firm Next Door: Using Satellite Images to Study Local Information Advantage

By: Jung Koo Kang, Lorien Stice-Lawrence and Forester Wong

We use novel satellite data that track the number of cars in the parking lots of 92,668 stores for 71 publicly listed U.S. retailers to study the local information advantage of institutional investors. We establish car counts as a timely measure of store-level... View Details

Keywords: Satellite Images; Store-level Performance; Institutional Investors; Local Advantage; Overweighting; Processing Costs; Alternative Data; Big Data; Emerging Technologies; Information; Quality; Institutional Investing; Decision Making; Behavioral Finance; Analytics and Data Science

Find at Harvard

March 2020 (Revised June 2023)
Case

EyeControl: Inspiring Communication

By: Paul A. Gompers and Danielle Golan

Eye-controlled communication device startup EyeControl was founded in Tel Aviv, Israel in 2016 by cofounders with a shared personal connection to locked-in syndrome—a neurological disorder that left sufferers cognitively sound, yet paralyzed, with the exception of eye... View Details

Keywords: Health Disorders; Communication Technology; Business Startups; Expansion; Finance; Decision Making; Social Enterprise; Medical Devices and Supplies Industry

17 May 2010
Research & Ideas

What Brazil Teaches About Investor Protection

also provisions such as limits on the number of maximum votes a shareholder or a proxy could hold, which made large corporations truly democratic in the sense that decisions were consensual. Q: Back then, the salaries and bonuses of top... View Details

Keywords: by Sean Silverthorne; Banking; Financial Services

09 Apr 2014
Research & Ideas

A Playbook for Small-Business Job Creation

put up to $4 billion per year into high-growth companies. And it does so at no cost to taxpayers. "This public-private partnership is a good example of government and the private sector working together," Mills says. "This program has helped View Details

Keywords: by Carmen Nobel; Banking; Financial Services

2010
Working Paper

Valuation When Cash Flow Forecasts Are Biased

By: Richard S. Ruback

This paper focuses adaptations to the discount cash flow (DCF) method when valuing forecasted cash flows that are biased measures of expected cash flows. I imagine a simple setting where the expected cash flows equal the forecasted cash flows plus an omitted downside.... View Details

Keywords: Forecasting and Prediction; Cash Flow; Cost of Capital; Performance Expectations; Prejudice and Bias; Valuation