Browsing HBS Scholarly Articles by Title
Now showing items 265-284 of 854
-
Equality and Equity in Compensation
(2017-04-28)Equity compensation is widely used for incentivizing skilled employees, particularly in new technology businesses. Traditional theories explaining why firms offer equity suggest that workers with higher rank should receive ... -
Equalizing Outcomes vs. Equalizing Opportunities: Optimal Taxation when Children' s Abilities Depend on Parents' Resources
(2012-09-17)Empirical research suggests that parents’ economic resources affect their children’s future earnings abilities. Optimal tax policy therefore will treat future ability distributions as endogenous to current taxes. We model ... -
Ethically Adrift: How Others Pull Our Moral Compass from True North, and How We Can Fix It
(2013-09-03)This chapter is about the social nature of morality. Using the metaphor of the moral compass to describe individuals' inner sense of right and wrong, we offer a framework to help us understand social reasons why our moral ... -
Ethnic Innovation and U.S. Multinational Firm Activity
(Informs, 2012-12-07)This paper studies the impact that immigrant innovators have on the global activities of U.S. firms by analyzing detailed data on patent applications and on the operations of the foreign affiliates of U.S. multinational ... -
Evaluating Firm-Level Expected-Return Proxies
(2014-11-06)We develop and implement a rigorous analytical framework for empirically evaluating the relative performance of firm-level expected-return proxies (ERPs). We show that superior proxies should closely track true expected ... -
An Evaluation of Money Market Fund Reform Proposals
(2015-09-29)U.S. money market mutual funds (MMFs) are an important source of dollar funding for global financial institutions, particularly those headquartered outside the U.S. MMFs proved to be a source of considerable instability ... -
Evidence on the Use of Unverifiable Estimates in Required Goodwill Impairment
(Springer, 2012)SFAS 142 requires managers to estimate the current fair value of goodwill to determine goodwill write-offs. In promulgating the standard, the FASB predicted managers will, on average, use the fair value estimates to convey ... -
Evolution of land distribution in West Bengal 1967–2004: Role of land reform and demographic changes
(Elsevier BV, 2014)This paper studies how land reform and population growth affect land inequality and landlessness, focusing particularly on indirect effects owing to their influence on household divisions and land market transactions. ... -
Excusing Selfishness in Charitable Giving: The Role of Risk
(Oxford University Press (OUP), 2016)Decisions involving charitable giving often occur under the shadow of risk. A common finding is that potential donors give less when there is greater risk that their donation will have less impact. While this behavior could ... -
Executive Compensation and Misconduct: Environmental Harm
(2016-02-23)We explore the relationship between managerial incentives and misconduct using the setting of environmental harm. We find that high powered executive compensation can increase the odds of environmental law-breaking by ... -
Expectations of Returns and Expected Returns
(Oxford University Press (OUP), 2014)We analyze time series of investor expectations of future stock market returns from six data sources between 1963 and 2011. The six measures of expectations are highly positively correlated with each other, as well as with ... -
Expected Stock Returns Worldwide: A Log-Linear Present-Value Approach
(American Accounting Association, 2021-04-08)This study provides the first large-scale study of the performance of expected-return proxies (ERPs) internationally. Analyst-forecast-based ICCs are sparsely populated and not robustly associated with future returns. ... -
Explaining the Vertical-to-Horizontal Transition in the Computer Industry
(2017-03-21)This paper seeks to explain the technological forces that led to the rise of vertically integrated corporations in the late 19th Century and the opposing forces that led to a vertical-to-horizontal transition in the computer ... -
Exploring the duality between product and organizational architectures: A test of the “mirroring” hypothesis
(Elsevier BV, 2012)A variety of academic studies argue that a relationship exists between the structure of an organization and the design of the products that the organization produces. Specifically, products tend to "mirror" the architectures ... -
Exploring the Relationship between Architecture Coupling and Software Vulnerabilities: A Google Chrome Case
(2017-03-21)Employing software metrics, such as size and complexity, for predicting defects has been given a lot of attention over the years and proven very useful. However, the few studies looking at software architecture and ... -
Exposed: Venture Capital, Competitor Ties, and Entrepreneurial Innovation
(Academy of Management, 2015-10)This study investigates the impact of early relationships on innovation at entrepreneurial firms. Prior research has largely focused on the benefits of network ties, documenting the many advantages that accrue to firms ... -
Expressive Voting and Its Cost: Evidence From Runoffs With Two or Three Candidates
(The Econometric Society, 2018)In French parliamentary and local elections, candidates ranked first and second in the first round automatically qualify for the second round, while a third candidate qualifies only when selected by more than 12.5 percent ... -
Extending the role of headquarters beyond the firm boundary: entrepreneurial alliance innovation
(Springer Science and Business Media LLC, 2019-08-14)Prior research on corporate headquarters (CHQ) characteristics identifies the impact of CHQ location and composition on the innovation outcomes of internal subsidiaries. However, given that external strategic alliances ... -
Extrapolation and bubbles
(Elsevier BV, 2018-08)We present an extrapolative model of bubbles. In the model, many investors form their demand for a risky asset by weighing two signals: an average of the asset’s past price changes and the asset’s degree of overvaluation. ... -
Facts and Figuring: An Experimental Investigation of Network Structure and Performance in Information and Solution Spaces
(2014-04-24)Using data from a novel laboratory experiment on complex problem solving in which we varied the network structure of 16-person organizations, we investigate how an organization’s network structure shapes performance in ...