Browsing HBS Scholarly Articles by Title
Now showing items 423-442 of 808
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Labor Regulations and European Venture Capital
(2013-05-31)European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms ... -
Laboratory Evidence on the Effects of Sponsorship on the Competitive Preferences of Men and Women
(Institute for Operations Research and the Management Sciences (INFORMS), 2018)Sponsorship programs have been proposed as one way to promote female advancement in competitive career fields. A sponsor is someone who advocates for a protégé, and in doing so, takes a stake in her success. We use a ... -
Land Politics and Local State Capacities: The Political Economy of Urban Change in China
(Cambridge University Press, 2013)Despite common national institutions and incentives to remake urban landscapes to anchor growth, generate land-lease revenues, and display a capacious administration, Chinese urban governments exhibit varying levels of ... -
Landing the First Job: The Value of Intermediaries in Online Hiring
(Oxford University Press (OUP), 2015)Online markets for remote labour services allow workers and firms to contract with each other directly. Despite this, intermediaries—called outsourcing agencies—have emerged in these markets. This article shows that agencies ... -
'Last-place Aversion': Evidence and Redistributive Implications
(Oxford University Press (OUP), 2014)We present evidence from laboratory experiments showing that individuals are "last-place averse." Participants choose gambles with the potential to move them out of last place that they reject when randomly placed in other ... -
Lazy Prices
(Wiley, 2020-02-22)We explore the implications of a subtle "default" choice that firms make in their regular reporting practices, namely that firms typically repeat what they most recently reported. Using the complete history of regular ... -
Leadership Is Associated with Lower Levels of Stress
(2012-11-02)As leaders ascend to more powerful positions in their groups, they face ever-increasing demands. This has given rise to the common perception that leaders have higher stress levels than non-leaders. But if leaders also ... -
Learning from My Successes and from Others' Failures: Evidence from Minimally Invasive Cardiac Surgery
(INFORMS, 2013-09-03)Learning from past experience is central to an organization's adaptation and survival. A key dimension of prior experience is whether an outcome was successful or unsuccessful. While empirical studies have investigated the ... -
Learning to Rank an Assortment of Products
(Institute for Operations Research and the Management Sciences (INFORMS), 2022-03)We consider the product-ranking challenge that online retailers face when their customers typically behave as “window shoppers.” They form an impression of the assortment after browsing products ranked in the initial ... -
Legislating Stock Prices
(Elsevier, 2013-10-03)We demonstrate that legislation has a simple, yet previously undetected impact on stock prices. Exploiting the voting record of legislators whose constituents are the affected industries, we show that the votes of these ... -
Legislating Stock Prices
(2012-08-07)In this paper we demonstrate that legislation has a simple, yet previously undetected impact on firm stock prices. While it is understood that the government and firms have an important relationship, it remains difficult ... -
Lessons from the Impact of Price Regulation on the Pricing of Anticancer Drugs in Germany
(Health Affairs (Project Hope), 2020-07-01)Worldwide spending on prescription drugs has increased dramatically in recent years. Although this increase has been particularly pronounced in the U.S., it remains largely unaddressed there. In Europe, however, different ... -
Lessons Unlearned? Corporate Debt in Emerging Markets
(2017-06-28)This paper documents a set of stylized facts about leverage and financial fragility in the nonfinancial corporate sector in emerging markets since the Global Financial Crisis (GFC). Corporate debt vulnerability indicators ... -
Level II Negotiations: Helping the Other Side Meet Its ”Behind the Table” Challenges
(2012-07-25)A long analytic tradition explores the challenge of productively synchronizing "internal" with "external" negotiations, especially focusing on how each side can best manage internal opposition to agreements negotiated "at ... -
Leviathan in Business: Varieties of State Capitalism and their Implications for Economic Performance
(2012-07-13)In this paper we document the extent and reach of state capitalism around the world and explore its economic implications. We focus on governmental provision of capital to corporations – either equity or debt – as a defining ... -
Liability Structure in Small-Scale Finance: Evidence from a Natural Experiment
(2012-09-04)Microfinance, the provision of small individual and business loans, has witnessed dramatic growth, reaching over 150 million borrowers worldwide. Much of its success has been attributed to overcoming the challenges of ... -
License to Cheat: Voluntary Regulation and Ethical Behavior
(INFORMS, 2013-09-03)While monitoring and regulation can be used to combat socially costly unethical conduct, their intended targets are often able to avoid regulation or hide their behavior. This surrenders at least part of the effectiveness ... -
License to Cheat: Voluntary Regulation and Ethical Behavior
(2012-09-10)While monitoring and regulation can be used to combat socially costly unethical conduct, their intended targets are often able to avoid regulation or hide their behavior. This surrenders at least part of the effectiveness ... -
Lifting the Veil: The Benefits of Cost Transparency
(2014-11-07)A firm’s costs are typically tightly-guarded secrets. However, across a field study and six laboratory experiments we identify when and why firms benefit from revealing unit cost information to consumers. A natural field ... -
Like a Boss: How Corporate Negotiators Would Handle Nuclear Talks With Iran
(2014)While the Obama team deserves high marks for launching the interim talks, its approach doesn't sell the upside of a comprehensive deal persuasively enough to transform more Iranian skeptics into active supporters—a necessary ...