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HBS Working Knowledge

The Creation and Evolution of Entrepreneurial Public Markets

re Josh Lerner

Since 1990, new stock exchanges geared toward fast-growing, entrepreneurial companies have proliferated around the world. This analysis shows that exchanges in countries with better shareholder prote

Financing the Response to Climate Change: The Pricing and Ownership of US Green Bonds

re Malcolm P. Baker and George Serafeim

Green bonds are used for environmentally friendly purposes like renewable energy. Complementing previous research, this paper explores the US corporate and municipal green bond and shows that a subse

Women Receive Harsher Punishment at Work Than Men

re Mark L. Egan

Women caught in misconduct were 20 percent more likely to be fired and 30 percent less likely to find new employment in the financial services industry, reports new research by Mark Egan and colleagu