Harvard Corporate Governance

JANUARY 4, 2025

Accurately measuring sustainability ROI can be challenging: corporate sustainability teams should start the process by aligning their language with that of the corporate finance function. Discussions on the value of sustainability will continue, making it essential for companies to measure sustainability ROI.

Dividends 317

Dividends Corporate Finance Finance 317

Global Finance

JANUARY 22, 2025

Supply chain financing is a case in point. Resilient financing solutions with a global reach typically involve a complex financing structure, multiple local IT providers as well as accounting and, most importantly, procurement teams involved. Digitalisation can also play a key role in creating more predictability in financing.

Finance 52

Finance Treasury Banking Marketability 52

Exit Strategy

DECEMBER 2, 2024

It arises when a company is sold for more than the worth of its physical […] The post Goodwill hunting: How to build and finance this intangible asset appeared first on Exit Strategies Group, Inc. Goodwill is the value of a business that exceeds its tangible assets.

Intangible Assets 52

Intangible Assets Finance Business Valuation 52

Harvard Corporate Governance

OCTOBER 17, 2023

In 2003, a group of approximately two dozen lawyers specializing in venture capital (VC) finance embarked on a mission to standardize the financing documents utilized by VC firms for investments in US-based startups. For this reason, central to the NVCA financing documents is the NVCA model charter. more…)

Finance 307

Finance Equity 307

Harvard Corporate Governance

AUGUST 13, 2024

This post is based on their recent article published in the Journal of Financial Economics.

Finance 273

Finance Equity Marketability 273

Harvard Corporate Governance

SEPTEMBER 8, 2024

In this report, we highlight the top five priorities—cybersecurity, enterprise risk management, finance and internal audit talent, compliance with laws and regulations, and finance transformation—that were identified by audit committee members who participated in the survey. more…)

Compliance 292

Compliance Finance 292

Harvard Corporate Governance

MARCH 27, 2024

Time to rethink retirement When my mom passed away in 2012, my dad started to decline quickly, and my brother and I had to go through my parents’ bills and finances. Because going over their finances showed me something about my own career in finance. Fink’s annual letter to investors. Why am I writing about my parents?

Finance 64

Finance Banking Marketability 64

Harvard Corporate Governance

APRIL 13, 2023

Gözlügöl is an Advanced Researcher of the Cluster Law and Finance, Julian Greth is a Ph.D. Student and a Junior Researcher of the Cluster Law and Finance, and Tobias H. In particular, financial history shows various boom-and-bust periods in private market activity (see Kaplan & Strömberg, 2009 ). more…)

Corporate Finance 235

Corporate Finance Marketability Finance 235

Mckinsey and Company

JULY 18, 2024

In a new survey, CFOs report a growing focus on longer-term planning and high expectations for technology, including generative AI.

Finance 145

Finance Technology Corporate Finance 145

Global Finance

JANUARY 2, 2025

Baruch Lev is Philip Bardes professor emeritus of Accounting and Finance, Kaufman Management Center, Leonard N. They discuss their findings, and the lessons they drew for would be acquirers, with Global Finance. Global Finance: Why did you write this book now? Stern School of Business at New York University.

Finance 124

Finance Start-ups Technology Corporate Finance 124

Harvard Corporate Governance

JANUARY 20, 2025

Starks (The University of Texas at Austin), and Moritz Wagner (University of Canterbury), on Monday, January 20, 2025 Editor's Note: Jedrzej Bialkowski is a Professor of Finance at University of Canterbury, Laura T. This post is based on their recent paper.

Finance 120

Finance Equity Marketability 120

Harvard Corporate Governance

JANUARY 17, 2024

Lewent (1972) and Mark Shapiro Career Development Assistant Professor of Finance and an Assistant Professor of Finance at the MIT Sloan School of Management. The academic literature on entrepreneurial finance has largely treated investors and entrepreneurs as distinct identities. This post is based on their recent paper.

Finance 231

Finance Banking 231

Harvard Corporate Governance

FEBRUARY 2, 2024

This post is based on their working paper.

Corporate Finance 284

Corporate Finance Finance Equity Marketability 284

Harvard Corporate Governance

AUGUST 14, 2024

Posted by Zacharias Sautner (University of Zurich), on Wednesday, August 14, 2024 Editor's Note: Zacharias Sautner is a Professor of Sustainable Finance at the University of Zurich. However, the link between biodiversity and finance has received little attention by academics.

Finance 225

Finance Banking Marketability 225

Harvard Corporate Governance

OCTOBER 21, 2024

Myers-Horn Family Professor of Finance at MIT Sloan School of Management, and Yang Sun is an Assistant Professor of Finance at Brandeis International Business School. This post is based on their recent paper. Households in the U.S.

Finance 232

Finance Technology Marketability 232

Harvard Corporate Governance

AUGUST 8, 2024

In The Credit Markets Go Dark , we describe how private credit funds are reshaping corporate governance and corporate finance and offer new data capturing its meteoric rise. trillion in 2023.

Marketability 236

Marketability Corporate Finance Equity Finance 236

Harvard Corporate Governance

JANUARY 25, 2023

For example, debt capital markets account for 80 percent of financing for non-financial corporations in the United States. New financial technologies continue to change the face of finance for investors and businesses. Companies and investors access the U.S. The United States cannot take its remarkable capital markets for granted.

Finance 292

Finance Banking Marketability Technology 292

Harvard Corporate Governance

MARCH 13, 2023

Posted by Alex Edmans (London Business School), on Monday, March 13, 2023 Editor's Note: Alex Edmans is Professor of Finance at London Business School. One justification for shooting from the hip is that ESG is so new, and traditional finance research so focused on shareholder value, that there is no research to guide us.

Finance 278

Finance 278

Harvard Corporate Governance

JANUARY 22, 2025

This post is based on their recent paper.

Data Analysis 111

Data Analysis Corporate Finance Finance Marketability 111

Musings on Markets

DECEMBER 11, 2024

I like to make a difference : I do not expect my students to agree with all or even much of what I have to say, but I would like to think that I sometimes change the way they think about finance, and perhaps even affect their choice of professions.

Corporate Finance 120

Corporate Finance Finance Start-ups Appraisal 120

Harvard Corporate Governance

JULY 16, 2024

This post is based on their recent article forthcoming in the American Economic Review. The dominance of large firms in the US economy has drawn growing attention in recent years. From Walmart to Apple, many salient examples point to the prominence of large companies in day to day life.

Finance 210

Finance Technology 210

Harvard Corporate Governance

OCTOBER 8, 2024

This post is based on their recent paper.

Finance 218

Finance 218

Harvard Corporate Governance

JUNE 8, 2023

Kölbel is Assistant Professor of Sustainable Finance at the University of St. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Bebchuk and Roberto Tallarita ; How Much Do Investors Care about Social Responsibility?

Finance 250

Finance 250

Harvard Corporate Governance

SEPTEMBER 22, 2022

Rates and financing costs to increase. The increasing interest rate environment has, and will inevitably continue, to make deal financing more costly as spreads widen. Leveraged loans and high-yield bonds are at the riskier end of the curve, and PE firms rely heavily on this financing.

Finance 244

Finance EBITDA Equity Marketability 244

Harvard Corporate Governance

JUNE 27, 2023

It is no exaggeration to say that over its roughly forty-year history, private equity has revolutionized both corporate finance and corporate governance. Understanding how private equity funds themselves are structured and incentivized is therefore crucial for understanding how the private equity industry behaves and affects global finance.

Corporate Finance 225

Corporate Finance Finance Equity Marketability 225

Harvard Corporate Governance

JULY 30, 2024

Posted by Dennis West (University of Oxford), and Dimitrij Euler (Value Balancing Alliance), on Tuesday, July 30, 2024 Editor's Note: Dennis West is a PhD Candidate at the University of Oxford and Dimitrij Euler is Director of Sustainable Finance at Value Balancing Alliance. This post is based on their recent report.

Finance 274

Finance Compliance 274

Harvard Corporate Governance

APRIL 17, 2022

This post highlights five areas of focus—financial reporting and controls; enterprise risk management; environmental, social, and governance; cyber risk; and digital finance transformation—that likely will be recurring topics of discussion for audit committees in 2022. With these large-scale changes comes an increased risk for fraud.

Finance 321

Finance Technology 321

Harvard Corporate Governance

APRIL 27, 2023

This post is based on their recent paper. Our study ( Does Board Size Matter?

Finance 259

Finance 259

Harvard Corporate Governance

FEBRUARY 1, 2023

Nigro (Goethe University, CAS on the Foundations of Law and Finance), on Wednesday, February 1, 2023 Editor's Note: Bo Bian is an Assistant Professor in Finance at the University of British Columbia; Yingxiang Li is a PhD Candidate in Finance at the University of British Columbia; and Casimiro A.

Start-ups 231

Start-ups Finance 231

Harvard Corporate Governance

JANUARY 18, 2024

This post is based on their paper. Related research from the Program on Corporate Governance includes Why Firms Adopt Antitakeover Arrangements by Lucian A.

Finance 284

Finance Marketability 284

Harvard Corporate Governance

JUNE 22, 2023

Fich is Professor of Finance at Drexel University LeBow College of Business, Robert Parrino is Professor of Finance at the University of Texas at Austin, and Anh L. Tran is a Professor of Finance at City University of London Bayes School of Business.

Finance 265

Finance 265

Brian DeChesare

DECEMBER 4, 2024

It mixes public finance , project finance , real estate , and infrastructure. It does help to have industry experience in one of the related sectors (tech/TMT, real estate, infrastructure, public finance, etc.), For more on these points, please see the public finance investment banking article and the analytical examples there.

Banking 105

Banking Finance Technology Equity 105

Harvard Corporate Governance

MAY 9, 2024

Garff Chaired Professor in the Finance department at the University of Utah’s David Eccles School of Business. Nataliya Gerasimova is an Associate Professor of Finance at the Norwegian Business School. Maximilian Rohrer is an Assistant Professor of Finance at the Norwegian School of Economics.

Finance 210

Finance 210

Harvard Corporate Governance

MAY 22, 2023

Myers-Horn Family Professor of Finance at MIT Sloan School of Management, and Igor Makarov is Associate Professor of Finance at the London School of Economics and Political Science. This post is based on their recent paper.

Treasury 248

Treasury Finance Technology Marketability 248

Harvard Corporate Governance

NOVEMBER 16, 2022

When used in financing agreements, R&Ws are assertions by a borrower to the lender about the borrower’s financial condition, its ability to repay the financing, and the quality of the collateral. When used in asset-sale agreements, R&Ws are assertions by a seller to the buyer about the quality of the assets being sold.

Finance 231

Finance 231

Harvard Corporate Governance

AUGUST 18, 2022

Posted by Kristina Minnick (Bentley University), on Thursday, August 18, 2022 Editor's Note: Kristina Minnick is Stanton Professor of Finance at Bentley University. Starks , Professor of Finance at the University of Texas at Austin McCombs School of Business. This post is based on a recent paper by Professor.

Finance 236

Finance Marketability 236

Harvard Corporate Governance

OCTOBER 24, 2023

This post is based on their recent paper.

Finance 239

Finance Firm Value Technology 239