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Undisclosed Debt Sustainability

Presenting a scenario in which non-Paris Club lending and borrowing is fully disclosed, this study illustrates that transparency has potential effects of decreased debt sustainability for investors...

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Goldman Sachs’ $500 Million Bet on Small Businesses

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Vote Choice Formation and the Minimal Effects of TV Debates: Evidence from 61...

This study of 61 elections around the world finds that vote choices aggregate a lot of information obtained during the electoral season, but the contribution of TV debates to this process is negligible.

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Core Earnings? New Data and Evidence

Using a novel dataset of earnings-related disclosures embedded in the 10-Ks, this paper shows how detailed financial statement analysis can produce a measure of core earnings that is more persistent...

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Read Our Most Popular Stories of the Quarter

From using machine learning to study CEOs to the value of work-from-anywhere policies, these were the stories that clicked most with our readers over the last three months.

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‘Chick Beer’ for Women? Why Gender Marketing Repels More Than Sells

Just how far will women go to avoid products labeled "for women?" Research by Leslie K. John and colleagues explores why gender marketing usually offends the very people a company is trying to attract.

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Persuasion by Populist Propaganda: Evidence from the 2015 Argentine Ballotage

This paper studies data generated prior to the 2015 Argentine presidential ballotage, when a government propaganda campaign was used to attack the opposition candidate and influence voter preferences....

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Use Artificial Intelligence to Set Sales Targets That Motivate

Setting sales targets has always been an inexact science, with serious consequences if done poorly. Using AI-based advanced analytics might be the answer, argues Doug Chung.

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Decarbonization Factors

This paper contributes to a growing knowledge base about how climate change impacts investor expectations, capital allocations and thereby pricing and returns. It provides actionable insights into how...

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Brick-and-Mortar Stores Are Making a Comeback

Left for dead alongside the retail highway, physical stores are suddenly finding new ways to compete, say Jill Avery and Antonio Moreno.

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Robots in the Boardroom

Understanding cloud technology was the No. 1 imperative for executives this decade. Next up: How does artificial intelligence change business and management?

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Crowdsourcing Memories: Mixed Methods Research by Cultural...

Research on the traumatic 1947 partition of British India has most often been carried out by scholars in the humanities and qualitative social sciences. This article presents mixed methods research and...

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How to Recover Gracefully After Shutting Down Your Startup

It’s hard to call it quits on a business venture, but entrepreneurs can wind down a struggling startup while keeping their reputations and sanity intact, says Tom Eisenmann. The first step is knowing...

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Should Non-Compete Clauses Be Abolished?

Non-compete clauses bind employees to their employers, preventing workers from bringing secrets to competitors. But increasingly, NCCs are unnecessarily restricting job mobility for low-level jobs....

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Can the Robin Hood Army Grow with Zero Financial Resources?

In 2014, Neel Ghose (MBA 2019) created the Robin Hood Army, an entirely volunteer-based organization working to get surplus food to hungry people. Just four years later, they had served more than 9...

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The Economic Effects of Private Equity Buyouts

This study of 6,000 US buyouts between 1980 and 2013 finds that the real-side effects of buyouts on target firms and their workers vary greatly by deal type and market conditions.

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Why Does Business Invest in Education in Emerging Markets? Why Does It Matter?

This paper represents the first systematic attempt to identify and compare investment in education across emerging economies, specifically in Africa, Asia, Latin America, Turkey, and the Persian Gulf...

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Torched Planet: The Business Case to Reinvent Almost Everything

With climate change scorching the planet, business leaders have a once-in-a-lifetime opportunity to change the world—and make money in the process, says Rebecca Henderson.

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Corporate Innovation Increasingly Benefits from Government Research

Nearly a third of US patents rely directly on government-funded research, says Dennis Yao. Is government too involved in supporting private sector innovation—or not enough?

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Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy

Collecting and analyzing microdata on prices and the reaction of importers, retailers, and exporters to US trade policy since 2018, this study finds most of the tariffs’ incidence rests with the US firms.

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