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HBS Working Knowledge





Updated: 2018-01-20T09:00:38Z

 



If the CEO’s High Salary Isn't Justified to Employees, Firm Performance May Suffer

2018-01-17T10:28:32-05:00

Researcher Ethan Rouen discovers that rank-and-file employees understand the boss deserves a big salary, but only when the number is fully explained.



First Look at New Research and Ideas, January 16, 2018

2018-01-17T11:43:35-05:00

Drawing the line on personalization ... What does a company owe its workers? ... The novel drug dilemma.



A Better Business Model for Fighting Cancer

2018-01-15T12:29:10-05:00

The Kraft Precision Medicine Accelerator aims to speed up the development and delivery of cancer therapies by improving the business processes that surround them.






Brokers and Order Flow Leakage: Evidence from Fire Sales

2018-01-11T10:40:11-05:00

Marco Di Maggio and colleagues find that brokers tend to reveal the occurrence of a fire sale to their best clients, allowing them to generate significant profits by predating on the liquidating fund. Such information leakage comes at the expense of higher price impact, and leads to a more costly liquidation for the fire sale originator.



Working for a Shamed Company Can Hurt Your Future Compensation

2018-01-10T11:40:20-05:00

People who worked for a company guilty of malfeasance may see their future salary curtailed, even if they are guilty of nothing, according to research by Boris Groysberg, Eric Lin, and George Serafeim.



First Look at New Research and Ideas, January 9, 2018

2018-01-10T10:27:05-05:00

What the best product managers have in common ... Seeing opportunity in long lines ... It's not always about gender.



Identifying Sources of Inefficiency in Health Care

2018-01-09T10:55:59-05:00

This economic study by Amitabh Chandra and Douglas O. Staiger finds evidence of allocative inefficiency and substantial variation in comparative advantage across hospitals, with the benefits from treatment being much higher in some hospitals than others. The study overall suggests new directions for research on productivity in healthcare.



The Startling Percentage of Financial Advisors with Misconduct Records

2018-01-08T13:45:30-05:00

One in twelve financial advisors have been disciplined for serious misconduct, according to a recent study by finance professor Mark Egan and colleagues. The bad apples are rarely punished.



Come Together: Firm Boundaries and Delegation

2018-01-08T09:57:43-05:00

The study by Laura Alfaro, Raffaella Sadun, and colleagues develops a simple model and provides new data to examine the relationship between vertical integration and delegation of decision-making, two critical aspects of a firm organizational design that are typically studied in isolation.