Harvard Business Review

JULY 11, 2013

It appears that Enron''s final fatal mistake was to try to support its stock price instead of living up to key contractual obligations required to maintain its credit rating. What caused Enron''s bankruptcy was, quite simply, the loss of its investment-grade credit rating. Ethics Failure Finance'

Price 8

Price Credit Rating Finance Chief Financial Officer 8

Harvard Business Review

AUGUST 11, 2011

The Securities and Exchange Commission began using the ratings issued by what they called Nationally Recognized Statistical Rating Organizations (and yes, they actually do use the acronym NRSRO) to judge whether securities firms' balance sheets were solid enough. And clearly, some regulatory judgment (horrors!) will have to be applied.

Credit Rating 13

Credit Rating Bond Price Advice 13

Harvard Business Review

NOVEMBER 6, 2014

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Neither school of thought, though, has it quite right.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Neither school of thought, though, has it quite right.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

JUNE 29, 2015

If you ask someone who works in finance (as I had to) about PE and innovation, he or she will likely tell you that PE sponsors aren’t looking for the next big thing—they’re looking for companies that are dominant in a market, aren’t risky, and have a predictable and steady stream of cash to pay back debt.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

JULY 9, 2015

The AfDB has the strongest credit rating of any organization in Africa and in 2008, it surpassed the World Bank in lending to Africa , a signal of Africa’s growing agency in its own development. ” Adesina competed for the AfDB presidency against several accomplished bankers and finance ministers.

Banking 8

Banking Globalization Credit Rating Short-term 8

Harvard Business Review

AUGUST 8, 2011

Recent headlines have focused on the debt ceiling , the recent credit rating downgrade , unemployment , and the other thorny fiscal challenges facing the United States. This flight of talented students to work in finance harms all of us because it means that we have fewer "positive spillovers" from innovative activities.

Politics 15

Politics Innovation Incentives Credit Rating 15

Harvard Business Review

NOVEMBER 21, 2012

The then-sainted Alan Greenspan had given them ample cover, by expressing concerns that surpluses might eventually kill the bond market. credit rating but no observable increase in interest rates. real estate market showing signs of recovery, this is probably a better time to talk fiscal restraint than two years ago.

Budgeting 8

Budgeting Bond Committee Commitment 8

Harvard Business Review

AUGUST 9, 2011

nation's credit rating has the same tone. Most of the country believes our rating for effective policymaking is somewhere between a D and an F. But that is not the point of a credit ratings agency. This proved to be overly optimistic - the markets reacted negatively as they opened across the world on Monday.

Credit Rating 14

Credit Rating Politics Bond GDP 14