Remove 2013 Remove Development Remove Finance Remove Hedge
article thumbnail

Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

These numbers represent more than three times as much as was invested in 2013. Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance. It seems only logical that they would extend into corporate strategy and finance.

article thumbnail

Why Those Guys Won the Economics Nobels

Harvard Business Review

He got his PhD at Yale under Shiller’s supervision in 1984, but since then he has also done a lot of work expanding on Fama’s ideas about risk and return, some of it co-authored with Fama’s son-in-law and University of Chicago finance colleague, John Cochrane. And that’s what these guys [the 2013 Nobel winners] did.

CAPM 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

McDonald’s Has to Do More than Manipulate Its Stock Price

Harvard Business Review

The company’s executives said that to help finance the plan, McDonald’s would increase refranchising (turning company-owned restaurants into franchises), take on more debt (even at the risk of lowering its bond rating ), and find $300 million to cut in general and administrative expenses. million in 2014 to a high of $12.6

Price 8
article thumbnail

A Brief History of America’s Attitude Toward Taxes

Harvard Business Review

First, it is hard to see the historical development of US income taxation as a gradual evolution. I have inflated all the incomes to 2013 dollars to make comparisons more easily understood. Two things strike me as I study the history. Rather, it is characterized by major swings. The First Era: 1862-1915.

System 8
article thumbnail

What Initial Coin Offerings Are, and Why VC Firms Care

Harvard Business Review

ICOs are the Wild West of financing — they sit in a grey zone where the U.S. Non-profits usually hold about 10-20% of the total cryptocurrency they issue; as Ethereum did in their ICO in 2014, with 20% going to the development fund and the remaining going to the Ethereum Foundation.