Browsing HBS Scholarly Articles by Title
Now showing items 200-219 of 853
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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 ... -
Dodging the Taxman: Firm Misreporting and Limits to Tax Enforcement
(2014-11-12)Reducing tax evasion is a key priority for many governments, particularly in developing countries. A growing literature has argued that the ability to verify taxpayer self-reports against reports from third parties is ... -
Does "Could" Lead to Good? Toward a Theory of Moral Insight
(2014-12-09)We introduce the construct of moral insight and study how it can be elicited when people face ethical dilemmas—challenging decisions that feature tradeoffs between competing and seemingly incompatible values. Moral insight ... -
Does "Liking" Lead to Loving? The Impact of Joining a Brand's Social Network on Marketing Outcomes
(2017)Does “liking” a brand on Facebook cause a person to view it more favorably? Or is “liking” simply a symptom of being fond of a brand? We disentangle these possibilities and find evidence for the latter: brand attitudes and ... -
Does Aggregated Returns Disclosure Increase Portfolio Risk Taking?
(Oxford University Press (OUP), 2017-06-09)Many experiments have found that participants take more investment risk if they see returns less frequently, see portfolio-level returns (rather than each individual asset’s returns), or see long-horizon (rather than ... -
Does Context Outweigh Individual Characteristics in Driving Voting Behavior? Evidence from Relocations within the United States
(American Economic Association, 2022-04-01)We measure the overall influence of contextual versus individual factors (e.g., voting rules and media as opposed to race and education) on voter behavior, and explore underlying mechanisms. Using a US-wide voter-level ... -
Does CVS–Aetna Spell the End of Business as Usual?
(New England Journal of Medicine (NEJM/MMS), 2018-02-15) -
Does front-loading taxation increase savings? Evidence from Roth 401(k) introductions
(Elsevier BV, 2017)Can governments increase private savings by taxing savings up front instead of in retirement? Roth 401(k) contributions are not tax-deductible in the contribution year, but withdrawals in retirement are untaxed. The more ... -
Does It Matter If Your Health Insurer Is For Profit? Effects of Ownership on Premiums, Insurance Coverage, and Medical Spending
(American Economic Association, 2019-02-01)There is limited empirical evidence about the impact of for-profit health insurers on various outcomes. I study the effects of conversions to for-profit status by Blue Cross and Blue Shield (BCBS) affiliates in 11 states, ... -
Does Management Matter in Schools?
(Wiley-Blackwell, 2015)We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with ... -
Does Mandatory IFRS Adoption Improve the Information Environment?
(2012-11-09)More than 120 countries require or permit the use of International Financial Reporting Standards (‘IFRS’) by publicly listed companies on the basis of higher information quality and accounting comparability from IFRS ... -
Does Planning Regulation Protect Independent Retailers?
(Massachusetts Institute of Technology Press (MIT Press), 2015-07-16)Regulations aimed at curbing the entry of large retail stores have been introduced in many countries to protect independent retailers. Analyzing a planning reform launched in the United Kingdom in the 1990s, I show that ... -
Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge
(2012-11-21)We use the Business Roundtable’s challenge to the SEC’s 2010 proxy access rule as a natural experiment to measure the value of shareholder proxy access. We find that firms that would have been most vulnerable to proxy ... -
Does Social Connection Turn Good Deeds into Good Feelings? On the Value of Putting the 'Social' in Prosocial Spending
(2013)When are the emotional benefits of generous behavior most likely to emerge? In three studies, we demonstrate that the hedonic benefits of generous spending are most likely when spending promotes positive social connection. ... -
Dollar Funding and the Lending Behavior of Global Banks
(Oxford University Press (OUP), 2015-05-19)A large share of dollar-denominated lending is done by non-U.S. banks, particularly European banks. We present a model in which such banks cut dollar lending more than euro lending in response to a shock to their credit ... -
Don't Take Their Word for It: The Misclassification of Bond Mutual Funds
(Wiley, 2021-04-29)We provide evidence that bond fund managers misclassify their holdings, and that these misclassifications have a real and significant impact on investor capital flows. In particular, many funds report more investment grade ... -
Done but Not Published: The Dissertation Journeys of Roy J. Lewicki and J. Keith Murnighan
(2015)This article explores the tumultuous path to publication that begins for many of us with trying to publish our dissertation. We invited Roy J. Lewicki and J. Keith Murnighan—the 2013 and 2015 recipients of the International ...