Browsing HBS Scholarly Articles by Title
Now showing items 184-203 of 854
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The Diseconomies of Queue Pooling: An Empirical Investigation of Emergency Department Length of Stay
(2014-01-27)We conduct an empirical investigation of the impact of two different queue management systems on throughput times. Using an Emergency Department’s (ED) patient-level data (N = 231,081) from 2007 to 2010, we find that ... -
The Disintermediation of Financial Markets: Direct Investing in Private Equity
(Elsevier, 2015-02-19)We examine twenty years of direct private equity investments by seven large institutions. These direct investments perform better than public market indices, especially buyout investments and those made in the 1990s. ... -
Disruption and Credit Markets
(Wiley, 2022-11-26)We show that over the past half‐century, innovative disruptions were central to understanding corporate defaults. In a given year, industries experiencing abnormally high venture capital or initial public offering activity ... -
Disruptive Innovation: An Intellectual History and Directions for Future Research
(Wiley, 2018-08-29)The concept of disruptive innovation has gained considerable currency among practitioners despite widespread misunderstanding of its core principles. Similarly, foundational research on disruption has elicited frequent ... -
The Distinct Effects of Information Technology and Communication Technology on Firm Organization
(INFORMS, 2014)Empirical studies on information communication technologies (ICT) typically aggregate the "information" and "communication" components together. We show theoretically and empirically that this is problematic. Information ... -
Diversified Business Groups in the West: History and Theory
(2016-10-27)This chapter examines the historical origins, evolutionary paths and long-term resilience of diversified business groups in contemporary developed economies of Western Europe, North America and Oceania. It aims to come ... -
Dividends as Reference Points: A Behavioral Signaling Approach
(Oxford University Press (OUP), 2016-05-06)We outline a dividend signaling model that features investors who are averse to dividend cuts. Managers with strong unobservable cash earnings separate by paying high dividends but retain enough to be likely not to fall ... -
Do All Your Detailing Efforts Pay Off? Dynamic Panel Data Methods Revisited
(2017-06-28)We estimate a sales response model to evaluate the short- and long-term value of pharmaceutical sales representatives’ detailing visits to physicians of different types. By understanding the dynamic effect of sales calls ... -
Do analysts add value when they most can? Evidence from corporate spin-offs
(Wiley, 2013-07-19)This paper investigates how securities analysts help investors understand the value of diversification. By studying the research that analysts produce about companies that have announced corporate spinoffs, we gain unique ... -
Do Analysts Follow Managers Who Switch Companies? An Analysis of Relationships in the Capital Markets
(2014)We examine the importance of professional relationships developed between analysts and managers by investigating analyst coverage decisions in the context of CEO and CFO moves between publicly listed firms. We find that ... -
Do Bonuses Enhance Sales Productivity? A Dynamic Structural Analysis of Bonus-Based Compensation Plans
(2013-02-19)We estimate a dynamic structural model of sales force response to a bonus based compensation plan. Substantively, the paper sheds insights on how different elements of the compensation plan enhance productivity. We find ... -
Do CEO Activists Make a Difference? Evidence from a Field Experiment
(2016-03-30)Several CEOs are receiving significant media attention for taking public positions on controversial social and environmental issues largely unrelated to their core business, ranging from gay marriage to climate change to ... -
Do Experts or Crowd-Based Models Produce More Bias? Evidence from Encyclopædia Britannica and Wikipedia
(2018)Organizations today can use both crowds and experts to produce knowledge. While prior work compares the accuracy of crowd-produced and expert-produced knowledge, we compare bias in these two models in the context of contested ... -
Do interactions with Candidates Increase Voter Support and Participation? Experimental Evidence from Italy
(Wiley, 2020-10-20)We test whether politicians can use direct contact to reconnect with citizens, increase turnout, and win votes. During the 2014 Italian municipal elections, we randomly assigned 26,000 voters to receive visits from city ... -
Do Managers Matter? A Natural Experiment from 42 R&D Labs in India
(Oxford University Press (OUP), 2020-03)We exploit plausibly exogenous variation in the staggered entry of new managers into India’s 42 public R&D labs between 1994 and 2006 to study how alignment between the CEO and middle-level managers affect research ... -
Do People Who Care About Others Cooperate More? Experimental Evidence from Relative Incentive Pay
(2015-11-04)We experimentally study ways in which the social preferences of individuals and groups affect performance when faced with relative incentives. We also identify the mediating role that communication and leadership play in ... -
Do Powerful Politicians Cause Corporate Downsizing?
(University of Chicago Press, 2011)This paper employs a new empirical approach for identifying the impact of government spending on the private sector. Our key innovation is to use changes in congressional committee chairmanships as a source of exogenous ... -
Do Prices Determine Vertical Integration?
(Oxford University Press (OUP), 2015-12-01)What is the relationship between product prices and vertical integration? While the literature has focused on how integration affects prices, this paper provides evidence that prices can affect integration. Many theories ... -
Do Private Equity Firms Have Better Management Practices?
(American Economic Association, 2015)Using an innovative survey measure of management practices on over 15,000 firms, we find private equity firms are better managed than government, family, and privately owned firms, and have similar management to publicly ... -
Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure and the Low Risk Anomaly
(American Economic Association, 2015)Traditional capital structure theory predicts that reducing banks' leverage reduces the risk and cost of equity but does not change the weighted average cost of capital, and thus the rates for borrowers. We confirm that ...