Publications

01 Sep 2007
News

Alfred D. Chandler Jr. Remembered

age of 88. Chandler was perhaps best known for his book The Visible Hand: The Managerial Revolution in American Business, which won the Pulitzer Prize in history in 1978. In it, Chandler argued that management, a visible hand, had in some ways replaced Adam Smith’s... View Details

21 Feb 2023
Research & Ideas

What's Missing from the Racial Equity Dialogue?

pools. At one point, America was the world’s capital when it came to beautiful, free-to-the-public pools. But during the civil rights era, local governments decided to fill the pools in with concrete instead of sharing them with their... View Details

Keywords: by Danielle Kost

Web

The Intersection of Public Relations and Photography | Baker Library | Bloomberg Center | Harvard Business School

industry to establish its own in-house public relations department, distinct from its marketing division. In 1936, the Pittsburgh-based corporation created a PR department headquartered at 71 Broadway in New York City, the burgeoning... View Details

06 Feb 2023
Blog Post

African American Student Union Spotlight on HBCUs

Before HBS, I worked in tech as a Product Marketing Manager on the YouTube Ads Marketing and Google for Startup teams. I also interned as a summer Investment Analyst at Obvious Ventures, an early-stage... View Details

21 Jun 2011
First Look

First Look: June 21

Moreover, there is something resembling "intelligent design" in finance, whereby regulators and legislators act in a quasidivine capacity, putting dinosaurs on life support. The danger is that such interventions in the natural processes of the View Details

Keywords: Sean Silverthorne

Web

Ellen Desmarais | About

business transformation, and ensuring HBP’s continuing commitment to DEI. In addition to her career with established brands, Ellen has also worked with Silicon Valley startups as an executive and an advisor. She began her career in View Details

05 Nov 2021
Op-Ed

Is the Business World Finally Ready for the Wisdom of Shibusawa?

Eiichi Shibusawa continues to gain influence in Japan—even though he died almost a century ago. Japan’s government announced earlier this year that the 19th century business leader would be the face on 10,000 yen ($90) bank notes—the highest value denomination in... View Details

Keywords: by Geoffrey Jones and Rei Morimoto; Financial Services; Retail

12 Feb 2020
Blog Post

Trying Out New Career Options with SIPs (Short Intensive Programs)

transactions. In this short intensive program, faculty will evaluate innovative strategies to create new marketplaces and opportunities, examine the key challenges in competing with large incumbent firms, and show how incumbents can defend their View Details

28 Feb 2012
First Look

First Look: Feb. 28

narrowing his list of potential expansion sites to the five Chinese cities of Chengdu (the capital of Sichuan Province), Jinan (capital of Shandong Province), Nanjing (capital of Jiangsu Province), Suzhou (Jiangsu), and Wuhan (capital of... View Details

Keywords: Sean Silverthorne

Web

Sustainable Investing Course | HBS Online

introductory finance course or equivalent at some point during their education and possess a basic understanding of investment management, capital markets, and asset classes. 5 hrs Module 1 Overview of Sustainable Investing Learn key... View Details

21 Oct 2014
First Look

First Look: October 21

cross-sectional empirical evidence is most persuasive in favor of agency considerations. Studies centered on the May 2003 dividend tax cut confirm that differences in the taxation of dividends and capital gains have only a second-order... View Details

Keywords: Sean Silverthorne

01 Sep 2003
News

Stan O’Neal

believer in the U.S. financial markets, O’Neal says that “despite some breaks in the system, the financial markets efficiently allocate capital to the best opportunities. This is the foundation of our... View Details

Keywords: Susan Young; Finance

November 2017 (Revised April 2019)
Case

Summa Equity: Building Purpose-Driven Organizations

By: George Serafeim and David Freiberg

In 2015, Reynir Indahl left top Nordic private equity firm Altor Equity Partners to found Summa Equity (Summa). After long contemplation following the financial crisis, Indahl was convinced the financial system was producing negative externalities and that the current... View Details

March 2021
Case

Founders Factory

By: Jeffrey F. Rayport and James Barnett

In January 2020, Founders Factory (FF) Executive Chairman Brent Hoberman and CEO Henry Lane Fox were considering FF’s expansion strategy. FF operated as a venture capital (VC) fund built around an accelerator and incubator, and organized around sectors within... View Details

03 Sep 2013
First Look

First Look: September 3

Publications August 2013 The Accounting Review (forthcoming) Do Analysts Follow Managers Who Switch Companies? An Analysis of Relationships in the Capital Markets By: Brochet, Francois, Gregory S. Miller,... View Details

Keywords: Sean Silverthorne

01 Jul 2015
Research & Ideas

A Bank That Takes Parmesan as Collateral: The Cheese Stands a Loan

producers face very long lead times," Trichakis says. "They basically have working capital tied to inventory for two years. They could shorten the maturation to cut down on costs, but then the cheese that we eat would not be as... View Details

Keywords: by Carmen Nobel; Banking; Food & Beverage

November 2006 (Revised June 2010)
Case

SUN Brewing (B)

In July 2004, Shiv, Nand, and Uday Khemka are discussing their holdings in SUN Interbrew, a leading Russian beer producer that is part of the family's global portfolio of businesses. SUN Interbrew has been operating as a joint venture since 1998, when the Khemka... View Details

Keywords: Mergers and Acquisitions; Investment; Globalized Markets and Industries; Ownership Stake; Family Ownership; Valuation; Food and Beverage Industry; Russia