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Accounting Information as Political Currency

Corporate donors that gave at least $10,000 to closely watched races in the U.S. congressional elections of 2004 were more likely to understate their earnings, say Harvard Business School's Karthik Ramanna and MIT colleague Sugata Roychowdhury. Such "downward earnings management" may have functioned as a political contribution. In this Q&A, Ramanna explains how accounting and politics influence each other.

Getting Down to the Business of Creativity

Business leaders must manage and support creativity just as they would any other asset. Harvard Business School professors Teresa Amabile, Mary Tripsas, and Mukti Khaire discuss where creativity comes from, how entrepreneurs use it, and why innovation is often a team sport. From the HBS Alumni Bulletin.

First Look: May 13, 2008

Comparing earnings forecasts of buy-side and sell-side analysts... BP, corporate strategy, and global climate change... How the 2008 Olympic Games could put a dairy from Inner Mongolia on the map.

What is the Future of State Capitalism?

Online forum OPEN until Thursday, May 29. Whatever happened to the fears not long ago that global corporations with allegiance to no government would challenge the world economic order? These days, state-owned corporations now dwarf even the largest privately-owned global organizations, says HBS professor Jim Heskett. What is impact on competition? What do you think?