More from these Authors

• Technical Note | HBS Case Collection | 2013

  Introduction to LCA Reflections

  Joshua D. Margolis and Sandra J. Sucher

  Citation:

  Margolis, Joshua D., and Sandra J. Sucher. "Introduction to LCA Reflections." Harvard Business School Technical Note 613-077, January 2013.

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• Case | HBS Case Collection | 2013 (Revised from original 2010 version)

  Avi Kremer

  Joshua D. Margolis and Mark Wetzel

  If you were diagnosed with a terminal illness, how would you respond and what would you do with your remaining time? Avi Kremer contemplates four options for how to devote himself 18 months after being diagnosed with ALS. His experience thus far and the choices he faces foster insight into building resilience and finding purpose. The case documents Kremer's personal history before and after diagnosis, describing the ups and downs in his life both prior to and after the diagnosis, lending insight into what enabled him to respond in the extraordinary way he has. The case highlights Kremer's remarkable efforts to fight for a cure; the doubts and obstacles he experiences along the way; and the current options Kremer faces, from returning home to spend time with family to founding a new biotech venture. Through this stark, realistic, and inspiring example, the case prompts discussion relevant to anyone at any point in life about resilience and purpose, prompting all students to reflect upon handling adversity and leading a purpose-driven life—and what it takes to equip oneself to do both.

  Keywords: Entrepreneurship; Values and Beliefs; Health Disorders; Leadership Development; Personal Development and Career; Social Enterprise; Personal Characteristics;

  Citation:

  Margolis, Joshua D., and Mark Wetzel. "Avi Kremer." Harvard Business School Case 411-022, January 2013. (Revised from original August 2010 version.)

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• Article | American Economic Journal: Economic Policy | August 2012

  Surviving the Global Financial Crisis: Foreign Ownership and Establishment Performance

  Laura Alfaro and Maggie Chen

  We examine the differential response of establishments to the recent global financial crisis with particular emphasis on the role of foreign ownership. Using a worldwide establishment panel dataset, we investigate how multinational subsidiaries around the world responded to the crisis relative to local establishments. We find that first, multinational subsidiaries fared on average better than local counterfactuals with similar economic characteristics. Second, among multinational subsidiaries, establishments sharing stronger vertical production and financial linkages with parents exhibited greater resilience. Finally, in contrast to the crisis period, the effect of foreign ownership and linkages on establishment performance was insignificant in non-crisis years.

  Keywords: Globalization; Financial Crisis; Multinational Firms and Management; Data and Data Sets; Business Subsidiaries; Production; Finance; Performance; Ownership;

  Citation:

  Alfaro, Laura, and Maggie Chen. "Surviving the Global Financial Crisis: Foreign Ownership and Establishment Performance." American Economic Journal: Economic Policy 4, no. 3 (August 2012): 30–55. (Also NBER Working Paper No. 17141.)

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