Finance
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- August 2024
- Case
Lucky Ones Coffee: Employing People with Disabilities
By: Richard S. Ruback, Robin Greenwood, Joe Higgins, Matthew Preble and Dave Habeeb- August 2024
- Case
Lucky Ones Coffee: Employing People with Disabilities
By: Richard S. Ruback, Robin Greenwood, Joe Higgins, Matthew Preble and Dave Habeeb -
- 2024
- Working Paper
Political Polarization and Finance
By: Elisabeth Kempf and Margarita TsoutsouraWe review an empirical literature that studies how political polarization affects financial decisions. We first discuss the degree of partisan segregation in finance and corporate America, the mechanisms through which partisanship may influence financial decisions, and available data sources to infer individuals’ partisan leanings. We then describe and discuss the empirical evidence. Our review suggests an economically large and often growing partisan gap in the financial decisions of households, corporate executives, and financial intermediaries. Partisan alignment between individuals explains team and financial relationship formation, with initial evidence suggesting that high levels of partisan homogeneity may be associated with economic costs. We conclude by proposing several promising directions for future research.
- 2024
- Working Paper
Political Polarization and Finance
By: Elisabeth Kempf and Margarita TsoutsouraWe review an empirical literature that studies how political polarization affects financial decisions. We first discuss the degree of partisan segregation in finance and corporate America, the mechanisms through which partisanship may influence financial decisions, and available data sources to infer individuals’ partisan leanings. We then...
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- July 2024
- Case
Rockefeller Philanthropy Advisors: Bringing Systematic Investment to Philanthropy
By: Lauren Cohen, Hao Gao, Alexander Bischoff and Sophia PanMelissa Berman, CEO of Rockefeller Philanthropy Advisors (RPA), evaluated her client’s philanthropy project and its mediocre performance. RPA was a segment of the Rockefeller Family Office’s Philanthropy Department, becoming an independent charity in 2002. Consistently met with high-net-worth individuals, Berman recognized that philanthropy was not taken as seriously as it should be. If it was not reputation nor lip service that they cared about, it was contributing to a cause in a bespoke endeavor that would “change the world.” This, however, was not always effective nor efficient. At times, these misplannings led to huge costs that would even intensify the problems they were trying to solve. As with the case with the client, he had overestimated his ability to contribute and reconstruct an entire country. How should Berman emphasize that philanthropy initiatives should be treated with the same intention as business ventures? How should she deliver her analysis in a way that would refrain from deterring her client against philanthropy altogether?
- July 2024
- Case
Rockefeller Philanthropy Advisors: Bringing Systematic Investment to Philanthropy
By: Lauren Cohen, Hao Gao, Alexander Bischoff and Sophia PanMelissa Berman, CEO of Rockefeller Philanthropy Advisors (RPA), evaluated her client’s philanthropy project and its mediocre performance. RPA was a segment of the Rockefeller Family Office’s Philanthropy Department, becoming an independent charity in 2002. Consistently met with high-net-worth individuals, Berman recognized that philanthropy was...
About the Unit
Our strategy is to assemble and nurture a faculty whose interests and skills complement each other, and who work well together:
a) to produce a broad range of finance-related research that is published in top-tier scientific and practitioner journals, and that addresses issues of present and future importance to managers (including regulators and policy makers);
b) to develop highly-relevant and intellectually rigorous MBA and executive education courses; and
c) to mentor future academics through the Business Economics doctoral program.
Our applied focus and access to business organizations are major advantages which are reinforced by our students and our case-based approach. We have a faculty with broad expertise, and we have resources, field contacts, and institutional support, all of which we can leverage to do richer work and be more productive than we could at other institutions.
Recent Publications
Lucky Ones Coffee: Employing People with Disabilities
- August 2024 |
- Case |
- Faculty Research
EoTV: Module 5 - Cultural Factors and the Startup Ecosystem
- August 2024 |
- Module Note |
- Faculty Research
EoTV: Module 4 - Legal and Regulatory Environment
- August 2024 |
- Module Note |
- Faculty Research
Political Polarization and Finance
- 2024 |
- Working Paper |
- Faculty Research
EoTV: Module 2 - Availability and Access to Talent
- August 2024 |
- Module Note |
- Faculty Research
EoTV: Module 1 - Industry Structure and the Macroeconomy
- August 2024 |
- Module Note |
- Faculty Research
Rockefeller Philanthropy Advisors: Bringing Systematic Investment to Philanthropy
- July 2024 |
- Case |
- Faculty Research
Harvard Business Publishing
Seminars & Conferences
There are no upcoming events.