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Finance

UNIT HEAD:

Robin Greenwood

George Gund Professor of Finance and Banking

Malcolm P. Baker

Robert G. Kirby Professor of Business Administration (Leave of Absence)

Senior Lecturer of Business Administration

Lauren H. Cohen

L.E. Simmons Professor of Business Administration

Randolph B. Cohen

Senior Lecturer of Business Administration

John G. McLean Professor of Business Administration

Joshua D. Coval

Jay O. Light Professor of Business Administration

Mizuho Financial Group Professor of Finance

Marco Di Maggio

Assistant Professor of Business Administration

Senior Lecturer of Business Administration

Assistant Professor of Business Administration

Benjamin C. Esty

Roy and Elizabeth Simmons Professor of Business Administration

Senior Lecturer of Business Administration

André R. Jakurski Professor of Business Administration
Senior Associate Dean, Strategic Financial Planning

Nori Gerardo Lietz

Senior Lecturer of Business Administration

Stuart C. Gilson

Steven R. Fenster Professor of Business Administration

Paul A. Gompers

Eugene Holman Professor of Business Administration

Daniel W. Green

Assistant Professor of Business Administration

Samuel G. Hanson

Marvin Bower Associate Professor

Victoria Ivashina

Lovett-Learned Professor of Business Administration

George Fisher Baker Jr. Professor of Business Administration

Jacob H. Schiff Professor of Investment Banking
Unit Head, Entrepreneurial Management

Gary W. Loveman

Senior Lecturer of Business Administration

John D. Macomber

Senior Lecturer of Business Administration

Christopher J. Malloy

Sylvan C. Coleman Professor of Financial Management

E. Scott Mayfield

Senior Lecturer of Business Administration

Emily R. McComb

Senior Lecturer of Business Administration

Kristin Williams Mugford

Senior Lecturer of Business Administration

Richard S. Ruback

Willard Prescott Smith Professor of Corporate Finance

David S. Scharfstein

Edmund Cogswell Converse Professor of Finance and Banking
Senior Associate Dean, Doctoral Programs

Poorvu Family Professor of Management Practice

Emil N. Siriwardane

Assistant Professor of Business Administration

John A. Paulson Professor of Business Administration

Marvin Bower Associate Professor

Assistant Professor of Business Administration

Luis M. Viceira

George E. Bates Professor
Senior Associate Dean, Executive Education

Assistant Professor of Business Administration

Senior Lecturer of Business Administration

Senior Lecturer of Business Administration

Royce G. Yudkoff

Professor of Management Practice

Unit Affiliates

Carliss Y. Baldwin

William L. White Professor of Business Administration, Emerita

Dwight B. Crane

Professor, Emeritus

Professor, Emeritus

William E. Fruhan

Professor, Emeritus

Samuel L. Hayes

Professor, Emeritus

Dean, Emeritus

John H. McArthur

Dean, Emeritus

Robert C. Merton

University Professor, Emeritus

André F. Perold

Professor, Emeritus

Thomas R. Piper

Professor, Emeritus

Henry B. Reiling

Professor, Emeritus

HBS Working Knowledge

Corruption, Government Subsidies, and Innovation: Evidence from China

re Josh Lerner

Governments subsidize a growing number of innovation efforts, many of which may face the challenge of corruption. Using Chinese data, this study finds corruption-related distortions in government R&D

Diversity Boosts Profits in Venture Capital Firms

re Paul A. Gompers

VC firms that score high in diversity among their partners also tend to be more profitable, according to Paul Gompers.

IQ from IP: Simplifying Search in Portfolio Choice

re Lauren H. Cohen and Christopher J. Malloy

Mutual fund managers solve their complex “search problem” for superior investable returns by tracking—and trading—on very particular sets of firms and insiders. These sets are chosen strategically an