Tag: Finance
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Nation & World
University reports budget surplus despite pandemic challenges
The Gazette spoke with Executive Vice President Katie Lapp and Chief Financial Officer and Vice President for Finance Thomas Hollister to learn more about how the University’s performance got a boost from long-term planning, leadership at the School level, and the commitment of so many within the community to Harvard’s mission to teaching and learning.
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Nation & World
A difficult financial year met with preparation, sacrifice, innovation, and teamwork
Since the beginning of the coronavirus outbreak, the Gazette has periodically checked in with Thomas J. Hollister, Harvard’s vice president for finance and chief financial officer, for updates on how the pandemic has affected the University’s finances.
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Nation & World
Weathering COVID’s financial storm
Harvard this week released its annual financial report, which details a $10 million deficit due to the sudden and overwhelming financial effects of the COVID-19 pandemic. The Gazette spoke with Harvard Executive Vice President Katie Lapp and Chief Financial Officer Thomas Hollister about the fiscal year that ended June 30.
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Nation & World
‘If it’s not over on the disease … it’s not over on the balance sheet’
Harvard Kennedy School economist Carmen Reinhart, an expert on financial crises who will become chief economist and vice president at the World Bank next month, discusses the outlook for the U.S. economy and the global challenges on the horizon.
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Nation & World
A recession playbook
Thomas Hollister details the planning the University had already done for the eventuality of a downturn and what the future may bring amid the coronavirus outbreak.
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Nation & World
Finance meets humanities — really
Economist Mihir Desai sets aside his usual academic work in a new book in which he uses plain language and stories drawn from literature and art to explain the basic principles of finance and show how deeply they are rooted in the humanities.
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Nation & World
Holistically Crimson
Shaw Chen, treasurer of the Harvard Club of Shanghai, learned a lot from the College’s East Asian studies classes, but got plenty of experience outside the classroom as well.
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Nation & World
Among millions, a blank slate
The Kumbh Mela, the world’s largest religious gathering, spawns a city of millions virtually overnight — and with it, a thriving ecosystem of commerce large-scale and small. Harvard Business School researchers traveled to India to search for the festival’s unlikely lessons in infrastructure, governance, and informal networks.
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Nation & World
High Financier: The Lives and Time of Siegmund Warburg
This biography by Niall Ferguson, Laurence A. Tisch Professor of History and Professor of Business Administration, chronicles the life of Siegmund Warburg, a financial wiz, prophet of globalization, and strategic businessman.
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Nation & World
American banks: On the mend
Financial reforms just enacted, said FDIC chair Sheila Bair, will put risk where it belongs, and usher in a new era of stability, efficiency, and consumer protection.
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Nation & World
HBS professor nabs lifetime achievement award from NVCA
Felda Hardymon, M.B.A. ’79, the M.B.A. Class of 1975 Professor of Management Practice at Harvard Business School, has received a Lifetime Achievement in Venture Capital Award from the National Venture Capital Association.
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Nation & World
Business School boost
A group of college undergraduates from around the country took part in a weeklong summer program at Harvard Business School in June designed to help them explore the business school environment through the HBS case method.
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Nation & World
Six grad students named Rappaport Fellows
Six Harvard University graduate students are among the 13 local graduate students who will spend the summer working in key state agencies as Rappaport Public Policy Fellows.
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Nation & World
HKS establishes professorship on the international financial system
With the world’s attention focused on global financial reform and responsibility, the Harvard Kennedy School is establishing a professorship dedicated to addressing the challenges of the international financial system.
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Nation & World
One Report: Integrated Reporting for a Sustainable Strategy
Harvard Business School Senior Lecturer Robert G. Eccles and his co-writer explain how business’s use of integrated and transparent reporting of financial and nonfinancial results adds value to companies, their shareholders, and the overall sustainability of society.
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Nation & World
Taking finance up the Red Line
Stephen Blyth, managing director of the Harvard Management Company, doubles as a faculty member in the Statistics Department, bringing real-world financial acumen to studying numbers.
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Nation & World
(Re)(Organize) for Resilience: Putting Customers at the Center of Your Business
The customer is always right, but we’re always getting taken. Ranjay Gulati, the Jaime and Josefina Chua Tiampo Professor of Business Administration, prods businesses to readjust their resilience and mend the bridge connecting consumers with companies.
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Nation & World
Super consumer advocate
Elizabeth Warren, head of the Congressional Oversight Panel for the Troubled Asset Relief Program, spoke at Harvard Law School about her efforts to establish a consumer financial protection agency.
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Nation & World
Too Big to Save? How to Fix the U.S. Financial System
Robert Pozen, a Harvard Business School lecturer, poses long-term solutions for solving the problems of now. From the housing slump and the stock market to the big bank bailout, this book is a blueprint for reform.
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Nation & World
Finance expert Gordon Donaldson dies at 87
Gordon Donaldson, an influential Harvard Business School (HBS) professor, mentor, researcher, and administrator from 1955 to 1993, died on Feb. 12 in Parkland, Fla., at the age of 87.
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Nation & World
Negotiauctions: New Dealmaking Strategies for a Competitive Marketplace
Holder of dual appointments in Harvard’s Business and Law Schools, Subramanian utilizes theories of negotiating and auctioning to deliver this guide to successful transactions in today’s marketplace.
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Nation & World
Michael Jensen receives AFA award
Michael C. Jensen, the Jesse Isidor Straus Professor of Business Administration Emeritus at Harvard Business School (HBS), has received the 2009 Morgan Stanley-American Finance Association (AFA) Award for Excellence in Financial Economics.
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Nation & World
CCSR annual report now available for 2009
The 2009 annual report of the Corporation Committee on Shareholder Responsibility (CCSR), a subcommittee of the President and Fellows, is now available upon request from the Office for the Committees on Shareholder Responsibility.
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Nation & World
Around the Schools: Faculty of Arts and Sciences
As part of an effort to develop creative solutions to Harvard’s projected long-term budget deficit, the Faculty of Arts and Sciences (FAS) and Harvard College recently launched an online Idea Bank where community members can submit recommendations for reducing costs and generating revenues.
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Nation & World
Economist Duesenberry dies at 91
James Stemble Duesenberry, an eminent economist who was an authority on monetary policy and a faculty member of Harvard University’s Department of Economics for more than half a century, recently passed away at his home in Cambridge at the age of 91.
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Nation & World
A Heroine of ‘Capitalism’
Passionate and engaging, Warren has long been a fearless advocate for the middle class. She has been embraced by the left-wing blogosphere for challenging economic policymakers and has become a thorn in the side of the bankers and credit card companies, which, she insists, should be better regulated….
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Nation & World
Kirwan ’79, M.P.P. ’84, appointed FAS dean for administration and finance
Faculty of Arts and Sciences (FAS) Dean Michael D. Smith Sept. 25 announced the appointment of Leslie Kirwan as the new FAS dean for administration and finance, effective Nov. 2, 2009. A graduate of Harvard College and the Harvard Kennedy School, Kirwan has served as the secretary of administration and finance for the commonwealth of…
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Nation & World
HBS study goes inside the boardroom
A new report from Harvard Business School offers an inside look at some of the challenges facing the boards of directors of corporate America.
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Nation & World
Donations to cancer institute hit $1b
A Dana-Farber Cancer Institute fund-raising campaign has hit the $1 billion mark a year earlier than expected – despite the ragged economy – setting what is believed to be a record for New England health care institutions. The drive’s success, which will be announced today, appears to have few national parallels, although at least one…