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Lauren H. Cohen - Faculty & Research - Harvard Business School
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class="dropdown-container"><a class="ink nu dropdown-toggle" href="/faculty/Pages/browse.aspx?faculty=Current" role="button" aria-current="page">Faculty<span class="icon-select"/></a><ul class="dropdown-menu nu"><li><a href="/faculty/Pages/browse.aspx?faculty=Current" class="white" aria-current="page">Faculty</a><div class="divider inherit-bg"/></li><li><a href="/faculty/Pages/positions.aspx" class="white">Positions</a></li></ul></div></li></ul> <div class="shim8 notitle"></div> <div class="row tablet-row"> <div class="span11"> <div class=""> <div class="sticky-header-hidden"> <div class="html "> <div class="shim33"></div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="profile-details"> <div class="profile-page-header inherit-bg"> <div class="container tablet-container mobile-container h1-responsive-nav vrule9"> <div class="row tablet-row mobile-row"> <div class="span8"> <div class="tablet-visible mobile-visible"><img src="https://www.hbs.edu/Style%20Library/api/headshot.aspx?id=340063" class="fluid" style="border: 3px solid black;" alt="Lauren H. Cohen" width="200" height="200"><div class="shim5 mobile-visible"></div> </div> <div class="profile-section-top-left"> <h1 class="alpha">Lauren H. Cohen</h1> <div class="shim20 desktop-visible"></div> <h2 class="eta-uc bold2 subtitle desktop-visible">L.E. Simmons Professor of Business Administration</h2> <div class="shim5 desktop-hidden"></div> <h2 class="kappa-uc bold2 subtitle desktop-hidden">L.E. Simmons Professor of Business Administration</h2> <div class="tablet-hidden mobile-hidden"> <div class="shim22"></div> <div class="briefbio"> <div class="contents" xml:space="preserve"> </div> <div class="toggle-bio"> <div style="padding-top: 20px;margin-bottom:0px;"><a role="button" aria-label="Read more about Lauren H. Cohen" class="toggle-button kappa-uc moreless" href="#"><span class="icon-expand" style="padding-right:5px"></span>Read more</a></div> </div> </div> <div class="fullbio" style="display:none;"><p><strong>Lauren Cohen </strong>is the L.E. Simmons Professor in the Finance & Entrepreneurial Management Units at Harvard Business School and a Research Associate at the National Bureau of Economic Research. He is an Editor of the <em>Review of Financial Studies</em>, along with being a past Editor of <em>Management Science</em>, and serving on the editorial board of the <em>Review of Asset Pricing Studies</em>.<br /> <br /> Professor Cohen teaches in the MBA Program, Executive Education Program, Doctoral Program, and Special Custom Programs at the Harvard Business School, teaching across Family Enterprise, Investment Management, and Innovation Course Offerings. In particular, he is the Faculty Co-Chair and Designer of the HBS Executive Education course ‘<em>Building a Legacy: Family Office Wealth Management,</em>’ designer of a first-of-its-kind MBA Course in Family Offices entitled ‘<em>How to Not Bankrupt Your Family</em>,’ and Faculty Co-Chair and Designer of the <em>HarvardX Fintech </em>course. <br /> <br /> He is an award-winning researcher, and best-selling case writer, with works published in the top journals in Finance and Economics. His work is frequently profiled in various media outlets including <em>The Wall Street Journal, The New York Times, The Washington Post, The Economist,</em> and <em>Forbes</em>. It has also been recognized by numerous National Science Foundation (NSF) Awards, including a National Science Foundation Early Career Development (CAREER) Award for his research agenda on Relationships in Finance. He was named a 2008 <em>Pensions & Investments</em> “<em>Cutting Edge Academic</em>,” a <em>Top 40 Under 40</em> Business School Professor in 2017 by <em>Poets & Quants</em>, and a top teacher at Harvard by <em>CNBC</em>.<br /> <br /> Dr. Cohen frequently advises government organizations in the US and abroad, including the United States Securities and Exchange Commission, United States Patent & Trademark Office, testifying before the United States Congress, and advising governments, central banks, inter-governmental organizations, and sovereign ruling families throughout Europe, Africa, and Asia on matters of Innovation Policy, Impact Investing, Climate Change, Pension Structure, and Family Office Management.<br /> <br /> Through his applied work, Dr. Cohen has consulted with top hedge funds in the industry, and has been awarded numerous practitioner research prizes. He has also appeared as an expert witness in high profile innovation-, insider trading-, and investment-related litigation cases, including those involving the largest global asset management and operating firms.<br /> <br /> Dr. Cohen received a PhD in finance and an MBA from the University of Chicago in 2005. He earned dual undergraduate degrees from the University of Pennsylvania - a BSE from the Wharton School and a BA in economics from the College of Arts & Sciences in 2001. He has also served on the Advisory Boards of Oppenheimer Funds (acquired by Invesco Investment Management Ltd.), Cake Financial (acquired by E*Trade) and Quadriserv, Inc. (acquired by EquiLend Holdings - an industry consortium comprised of Goldman Sachs, Morgan Stanley, Credit Suisse, Bank of America, UBS, JPMorgan, Northern Trust, Blackrock and State Street).<br /> <br /> Professor Cohen currently resides in Belmont, MA with his wife - Dr. Nicole Cohen - and their six children. In his spare time, Professor Cohen is a competitive powerlifter.</p> <div class="toggle-bio"> <div style="padding-top: 20px;"><a class="toggle-button kappa-uc moreless" href="#"><span class="icon-collapse" style="padding-right:5px"></span>Less</a></div> </div> </div> <div class="shim20"></div> </div> </div> <div class="tablet-visible mobile-visible"> <div class="shim10"></div> <div class="nu">Finance</div> <div class="nu">Entrepreneurial Management</div> <div class="shim10"></div> <div class="mu-uc"><a href="tel:+1(617) 495-3888" class="black">+1 (617) 495-3888</a></div> </div> </div> <div class="span1"> </div> <div class="span3 tablet-span12 vrule-offset"> <div class="tablet-hidden mobile-hidden profile-section-top-right"> <div class="shim10"></div><img src="https://www.hbs.edu/Style%20Library/api/headshot.aspx?id=340063" class="fluid" style="border: 3px solid black;" alt="Lauren H. Cohen" width="200" height="200"><div class="shim5 mobile-visible"></div> <div class="shim15"></div> <div class="mu-uc">Unit</div> <div><a href="/faculty/units/finance/Pages/default.aspx">Finance</a></div> <div><a href="/faculty/units/em/Pages/default.aspx">Entrepreneurial Management</a></div> <div class="shim15"></div> <div class="mu-uc">Contact Information</div> <div>(617) 495-3888</div> </div> </div> </div> <div class="desktop-visible"> <div class="row tablet-row"> <div class="span9 tablet-span12"> <div class="page-tabs-container"> <table class="page-tabs nav-tabs table-overflow tabs-hero" style="margin-bottom:-1px;"> <tr> <td><a href="?facId=340063&click=byline&view=featured-work" data-tab="featured-work" class="mu-uc current">Featured Work</a></td> <td><a href="?facId=340063&click=byline&view=publications" data-tab="publications" class="inherit-light-bg black white-color-onhover">Publications</a></td> <td><a href="?facId=340063&click=byline&view=research-summary" data-tab="research-summary" class="inherit-light-bg black white-color-onhover">Research Summary</a></td> <td><a href="?facId=340063&click=byline&view=teaching" data-tab="teaching" class="inherit-light-bg black white-color-onhover">Teaching</a></td> <td><a href="?facId=340063&click=byline&view=awards" data-tab="awards" class="inherit-light-bg black white-color-onhover">Awards & Honors</a></td> </tr> </table> </div> </div> </div> </div> </div> </div> <div class="container tablet-container mobile-container vrule9"> <div class="row tablet-row mobile-row"> <div class="span9 tablet-span12 body h3-kappa" data-wcm-edit-url=""> <div class="cap tablet-cap mobile-cap"></div> <div class="tablet-hidden mobile-hidden"> <div id="featured-work" class="tabcontent current" data-wcm-edit-url=""> <div class="row tablet-row mobile-row "> <div class="span8 "> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/Lauren Cohen (32 of 61)_13cd9058-7000-41f9-b67b-94d4ca5f92d8.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://www.hbs.edu/news/articles/Pages/powerlifting-professor.aspx">Powerlifting Professor</a></div> <div class="shim12"></div> <div class="subtitle">HBS Professor brings world powerlifting championship back to HBS</div> <div class="shim12"></div> <div class="abstract add-underline"><span>What do free weights and academic research about patent trolls have in common? If you’re Lauren Cohen, the L.E. Simmons Professor of Business Administration at Harvard Business School, more than you’d think. Professor Cohen, a competitive powerlifter and strongman, recently won the IPF Powerlifting Masters World Championship as a part of Team USA, which made us curious about how he got into such a demanding sport and how it influences how he thinks about his career. His answers may surprise you.</span></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/CSFI Debate Pic_6cee9f19-e41d-4d81-85d9-b6cc8b83736b.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://www.youtube.com/watch?v=kaXbUE3ALpk">Divestment or Engagement? New Research on Innovation in the Energy Sector</a></div> <div class="shim12"></div> <div class="subtitle">A Centre for the Study of Financial Innovation (CSFI) Debate</div> <div class="shim12"></div> <div class="abstract add-underline"><span><span>Why you should watch: A new and important NBER working paper, by Cohen, Gurun and Nguyen, takes a long hard look at innovation in the energy industry - and concludes that divestment campaigns targeted at fossil fuel companies may not just be ineffective. They may actually be penalizing companies that are making the biggest commitments to 'green' innovation. Using the number (and quality) of patents as a proxy, the paper concludes that 'the quantity and quality of green patenting is higher for energy firms' - even though 'those firms are precisely those to which capital is often restricted by mandates and campaigns'. Important - and counter-intuitive.</span><br /><br />Moderators: Andrew Hilton (CSFI) and Jane Fuller (CSFI) Panellists: Lauren Cohen is LE Simmons Professor of Business Administration at Harvard Business School, and a research associate at the NBER. He is also an advisor to the SEC and to the US Patent and Trademark Office. He has a PhD from Chicago. Leslie Gent is a managing director and Head of Responsible Investment at Coutts in London. She is also a Trustee of the Coutts Foundation. Previously, she worked with Charles Schwab in San Francisco. She was educated at the University of Saskatchewan.</span></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/eNaira Keynote Pic_7e971be7-eb28-4453-85e5-ff3dc976d294.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://guardian.ng/business-services/stakeholders-proffer-options-for-digital-currency-success-in-nigeria/">Launch of Nigeria's Central Bank Digital Currency (CBDC) - the eNaira</a></div> <div class="shim12"></div> <div class="subtitle">Stakeholders proffer options for digital currency success in Nigeria</div> <div class="shim12"></div> <div class="abstract add-underline"><span>Stakeholders including the Lagos Chamber of Commerce and Industry (LCCI) and Prof. Lauren Cohen, L. E Simmons, a Professor of Business Administration, Harvard Business School, United States of America, among others, yesterday, listed recommendations for the success of Nigeria’s Central Bank Digital Currency (CBDC).</span></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/ft_pic_0934f31a-8936-4b9a-ac24-75704614b353.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3474557">Morningstar Misclassification</a></div> <div class="shim12"></div> <div class="subtitle">Widespread Misclassification of Bond Mutual Funds</div> <div class="shim12"></div> <div class="abstract add-underline"><p>We provide evidence that bond fund managers misclassify their holdings, and that these misclassifications have a real and significant impact on investor capital flows. The problem is widespread - resulting in up to 31.4% of funds being misclassified with safer profiles, when compared against their true, publicly reported holdings. “Misclassified funds” – i.e., those that hold risky bonds, but claim to hold safer bonds – appear to on-average outperform lower-risk funds in their peer-groups. Within category groups, “Misclassified funds” receive more Morningstar Stars and higher investor flows. However, when we correctly classify them based on actual risk, these funds are mediocre performers.</p></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/fdapic_e5e2a237-bc3d-4d64-b151-7dae895b0571.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3731240">December Drug Approvals</a></div> <div class="shim12"></div> <div class="subtitle">Internal Deadlines, Drug Approvals, and Safety Problems</div> <div class="shim12"></div> <div class="abstract add-underline"><p>Absent explicit quotas, incentives, reporting, or fiscal year-end motives, drugapprovals around the world surge in December, at month-ends, and before respectivemajor national holidays. Drugs approved before these informal deadlines areassociated with significantly more adverse effects, including more hospitalizations,life-threatening incidents, and deaths – particularly, drugs most rushed through theapproval process. These patterns are consistent with a model in which regulatorsrush to meet internal production benchmarks associated with salient calendarperiods: this “desk-clearing” behavior results in more lax review, leading both toincreased output and increased safety issues at particular—andpredictable—periodicities over the year.</p></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/FireShot Capture 29 - - http___www.utdallas.edu_-umit.gurun_advancescreening.mp4_e5f773f6-676c-48d7-9461-2ed03a2fa79d.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://www.youtube.com/watch?v=ClpzNQVljjY">Patent Trolls: Evidence and Proposed Solutions</a></div> <div class="shim12"></div> <div class="abstract add-underline"><p> </p> <p><strong><a href="https://www.youtube.com/watch?v=ClpzNQVljjY">The Growing Problem of Patent Trolling • <em>SCIENCE</em> • VIDEO</a></strong></p> <p><strong><span style="color: #1f497d;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-weight: normal; font-size: 12px; line-height: 18px; font-family: Verdana, Arial, sans-serif; color: #373737; float: none; widows: 1; font-stretch: normal; display: inline !important;">The last decade has seen a sharp rise in patent litigation in the U.S., with 2015 having one of the highest patent lawsuit counts on record. In theory, this could be a consequence of growth in the commercialization of technology and innovation – patent lawsuits increase as more firms turn to intellectual property (IP) protection to safeguard their competitive advantages. However, the majority of recent patent litigation is driven by nonpracticing entities (NPEs), firms that generate no products, but instead amass patent portfolios for the sake of enforcing IP rights afforded therein. We discuss new, large-sample evidence adding to a growing literature suggesting that NPEs – in particular, large patent aggregators – on average act as “patent trolls”, suing cash‐rich firms seemingly irrespective of actual patent infringement. This has a negative impact on future innovation activity at targeted firms. These results suggest a need to check the power of NPEs through changes in U.S. IP policy, in particular to screen out trolling early in the litigation process.</span></span></strong></p></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/160526_pbs_cohen_320 (1)_9114463f-7e6c-466e-a1b8-4fb989e678db.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="http://www.pbs.org/newshour/bb/u-s-innovators-dogged-by-money-grubbing-patent-trolls/">U.S. Innovators Dogged by Money-grubbing ‘Patent Trolls’</a></div> <div class="shim12"></div> <div class="subtitle">PBS News Hour Interview</div> <div class="shim12"></div> <div class="abstract add-underline"><span>The U.S. economy is driven by innovation, but unwelcome “patent trolls” are gunking up the system. Patent reform bills sit idle in Congress as the “trolls” set up companies for the sole purpose, critics say, of shaking down inventors while never creating anything. “We just have to write 'em a check so they'll go away,” says one disgusted app maker. Economics correspondent Paul Solman reports.</span></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/Faculti Lazy Prices Pic_b247317c-2eca-4385-864b-a929c5b4b7dc.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://faculti.net/lazy-prices/">Lazy Prices - Follow the Filings</a></div> <div class="shim12"></div> <div class="subtitle">The Subtle information in Firm Behavior Changes</div> <div class="shim12"></div> <div class="abstract add-underline">Using the complete history of regular quarterly and annual filings by U.S. corporations from 1995-2014, Professor Lauren Cohen shows that when firms make an active change in their reporting practices, this conveys an important signal about future firm operations.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/Lazy Prices Interview - QuantCon 2018_52c08d55-0d7e-40ae-97ba-77f376bf022c.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://www.youtube.com/watch?v=g96gROyc3wE&t=2s">Lazy Prices</a></div> <div class="shim12"></div> <div class="abstract add-underline"><p><strong><a href="https://www.youtube.com/watch?v=g96gROyc3wE&t=2s">QuantCon NYC 2018 Quantitative Investing Confernece - Interview Video</a></strong></p> <p> Using the complete history of regular quarterly and annual filings by U.S. corporations from 1995-2014, we show that when firms make an active change in their reporting practices, this conveys an important signal about future firm operations. Changes to the language and construction of financial reports also have strong implications for firms’ future returns: a portfolio that shorts “changers” and buys “non-changers” earns up to 188 basis points in monthly alphas (over 22% per year) in the future. Changes in language referring to the executive (CEO and CFO) team, regarding litigation, or in the risk factor section of the documents are especially informative for future returns. We show that changes to the 10-Ks predict future earnings, profitability, future news announcements, and even future firm-level bankruptcies. Unlike typical underreaction patterns in asset prices, we find no announcement effect associated with these changes—with returns only accruing when the information is later revealed through news, events, or earnings—suggesting that investors are inattentive to these simple changes across the universe of public firms.</p></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/troll_fig1_ed2e0752-93c2-480e-ab69-085be6647e58.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="http://www.hbs.edu/faculty/Publication%20Files/15-002_1d86bb91-630b-43b9-949d-16cfa36a5f58.pdf">Patent Trolls</a></div> <div class="shim12"></div> <div class="abstract add-underline"><p>We develop a theoretical model of, and provide the first large-sample evidence on, the behavior and impact of non-practicing entities (NPEs) in the intellectual property space. Our model shows that NPE litigation can reduce infringement and support small inventors. However, the model also shows that as NPEs become effective at bringing frivolous lawsuits, the resulting defense costs inefficiently crowd out some firms that, absent NPEs, would produce welfare-enhancing innovations without engaging in infringement. Our empirical analysis shows that on average, NPEs appear to behave as opportunistic patent trolls. NPEs sue cash-rich firms ― a one standard deviation increase in cash holdings roughly doubles a firm's chance of being targeted by NPE litigation. We find moreover that NPEs target cash unrelated to the alleged infringement at essentially the same frequency as they target cash related to the alleged infringement. By contrast, cash is neither a key driver of intellectual property lawsuits by practicing entities (e.g., IBM and Intel), nor of any other type of litigation against firms. We find further suggestive evidence of NPE opportunism, such as forum shopping and targeting of firms that may have reduced ability to defend themselves against litigation. We find that NPE litigation has a real negative impact on innovation at targeted firms: firms substantially reduce their innovative activity after settling with NPEs (or losing to them in court). Moreover, we neither find any markers of significant NPE pass-through to end innovators, nor of a positive impact of NPEs on innovation in the industries in which they are most prevalent.</p> <br /></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/cohen_3ae485a4-f338-46ff-9543-c80a567c5509.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="http://www.people.hbs.edu/lcohen/pdffiles/coh_lou.pdf">Complicated Firms</a></div> <div class="shim12"></div> <div class="abstract add-underline">We exploit a novel setting in which the same piece of information affects two sets of firms: one set of firms requires straightforward processing to update prices, while the other set requires more complicated analyses to incorporate the same piece of information into prices. We document substantial return predictability from the set of easy-to-analyze firms to their more complicated peers. Specifically, a simple portfolio strategy that takes advantage of this straightforward vs. complicated information processing classification yields returns of 118 basis points per month. Consistent with processing complexity driving the return relation, we further show that the more complicated the firm, the more pronounced the return predictability. In addition, we find that sell-side analysts are subject to these same information processing constraints, as their forecast revisions of easy-to-analyze firms predict their future revisions of more complicated firms.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/cohen2_111cb22f-b59b-49ad-83ab-5623a125d5eb.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="http://www.people.hbs.edu/cmalloy/pdffiles/envaloy.pdf">Do Powerful Politicians Cause Corporate Downsizing?</a></div> <div class="shim12"></div> <div class="abstract add-underline">This paper employs a new empirical approach for identifying the impact of government spending on the private sector. Our key innovation is to use changes in congressional committee chairmanship as a source of exogenous variation in state-level federal expenditures. In doing so, we show that fiscal spending shocks appear to significantly dampen corporate sector investment and employment activity. This retrenchment follows both Senate and House committee chair changes, occurs in large and small firms and within large and small states, and is most pronounced among geographically-concentrated firms. The effects are economically meaningful and the mechanism - entirely distinct from the more traditional interest rate and tax channels - suggests new considerations in assessing the impact of government spending on private sector economic activity.</div> </article> </div> </div> </div> </div> <div class="tablet-visible mobile-visible"> <div class="fullBio"><p><strong>Lauren Cohen </strong>is the L.E. Simmons Professor in the Finance & Entrepreneurial Management Units at Harvard Business School and a Research Associate at the National Bureau of Economic Research. He is an Editor of the <em>Review of Financial Studies</em>, along with being a past Editor of <em>Management Science</em>, and serving on the editorial board of the <em>Review of Asset Pricing Studies</em>.<br /> <br /> Professor Cohen teaches in the MBA Program, Executive Education Program, Doctoral Program, and Special Custom Programs at the Harvard Business School, teaching across Family Enterprise, Investment Management, and Innovation Course Offerings. In particular, he is the Faculty Co-Chair and Designer of the HBS Executive Education course ‘<em>Building a Legacy: Family Office Wealth Management,</em>’ designer of a first-of-its-kind MBA Course in Family Offices entitled ‘<em>How to Not Bankrupt Your Family</em>,’ and Faculty Co-Chair and Designer of the <em>HarvardX Fintech </em>course. <br /> <br /> He is an award-winning researcher, and best-selling case writer, with works published in the top journals in Finance and Economics. His work is frequently profiled in various media outlets including <em>The Wall Street Journal, The New York Times, The Washington Post, The Economist,</em> and <em>Forbes</em>. It has also been recognized by numerous National Science Foundation (NSF) Awards, including a National Science Foundation Early Career Development (CAREER) Award for his research agenda on Relationships in Finance. He was named a 2008 <em>Pensions & Investments</em> “<em>Cutting Edge Academic</em>,” a <em>Top 40 Under 40</em> Business School Professor in 2017 by <em>Poets & Quants</em>, and a top teacher at Harvard by <em>CNBC</em>.<br /> <br /> Dr. Cohen frequently advises government organizations in the US and abroad, including the United States Securities and Exchange Commission, United States Patent & Trademark Office, testifying before the United States Congress, and advising governments, central banks, inter-governmental organizations, and sovereign ruling families throughout Europe, Africa, and Asia on matters of Innovation Policy, Impact Investing, Climate Change, Pension Structure, and Family Office Management.<br /> <br /> Through his applied work, Dr. Cohen has consulted with top hedge funds in the industry, and has been awarded numerous practitioner research prizes. He has also appeared as an expert witness in high profile innovation-, insider trading-, and investment-related litigation cases, including those involving the largest global asset management and operating firms.<br /> <br /> Dr. Cohen received a PhD in finance and an MBA from the University of Chicago in 2005. He earned dual undergraduate degrees from the University of Pennsylvania - a BSE from the Wharton School and a BA in economics from the College of Arts & Sciences in 2001. He has also served on the Advisory Boards of Oppenheimer Funds (acquired by Invesco Investment Management Ltd.), Cake Financial (acquired by E*Trade) and Quadriserv, Inc. (acquired by EquiLend Holdings - an industry consortium comprised of Goldman Sachs, Morgan Stanley, Credit Suisse, Bank of America, UBS, JPMorgan, Northern Trust, Blackrock and State Street).<br /> <br /> Professor Cohen currently resides in Belmont, MA with his wife - Dr. Nicole Cohen - and their six children. In his spare time, Professor Cohen is a competitive powerlifter.</p></div> <dl class="accordian profile-tabs"> <dt><a href="#" class="black accordian-kappa">Featured Work</a></dt> <dd> <div class="row tablet-row mobile-row "> <div class="span8 "> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/Lauren Cohen (32 of 61)_13cd9058-7000-41f9-b67b-94d4ca5f92d8.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://www.hbs.edu/news/articles/Pages/powerlifting-professor.aspx">Powerlifting Professor</a></div> <div class="shim12"></div> <div class="subtitle">HBS Professor brings world powerlifting championship back to HBS</div> <div class="shim12"></div> <div class="abstract add-underline"><span>What do free weights and academic research about patent trolls have in common? If you’re Lauren Cohen, the L.E. Simmons Professor of Business Administration at Harvard Business School, more than you’d think. Professor Cohen, a competitive powerlifter and strongman, recently won the IPF Powerlifting Masters World Championship as a part of Team USA, which made us curious about how he got into such a demanding sport and how it influences how he thinks about his career. His answers may surprise you.</span></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/CSFI Debate Pic_6cee9f19-e41d-4d81-85d9-b6cc8b83736b.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://www.youtube.com/watch?v=kaXbUE3ALpk">Divestment or Engagement? New Research on Innovation in the Energy Sector</a></div> <div class="shim12"></div> <div class="subtitle">A Centre for the Study of Financial Innovation (CSFI) Debate</div> <div class="shim12"></div> <div class="abstract add-underline"><span><span>Why you should watch: A new and important NBER working paper, by Cohen, Gurun and Nguyen, takes a long hard look at innovation in the energy industry - and concludes that divestment campaigns targeted at fossil fuel companies may not just be ineffective. They may actually be penalizing companies that are making the biggest commitments to 'green' innovation. Using the number (and quality) of patents as a proxy, the paper concludes that 'the quantity and quality of green patenting is higher for energy firms' - even though 'those firms are precisely those to which capital is often restricted by mandates and campaigns'. Important - and counter-intuitive.</span><br /><br />Moderators: Andrew Hilton (CSFI) and Jane Fuller (CSFI) Panellists: Lauren Cohen is LE Simmons Professor of Business Administration at Harvard Business School, and a research associate at the NBER. He is also an advisor to the SEC and to the US Patent and Trademark Office. He has a PhD from Chicago. Leslie Gent is a managing director and Head of Responsible Investment at Coutts in London. She is also a Trustee of the Coutts Foundation. Previously, she worked with Charles Schwab in San Francisco. She was educated at the University of Saskatchewan.</span></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/eNaira Keynote Pic_7e971be7-eb28-4453-85e5-ff3dc976d294.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://guardian.ng/business-services/stakeholders-proffer-options-for-digital-currency-success-in-nigeria/">Launch of Nigeria's Central Bank Digital Currency (CBDC) - the eNaira</a></div> <div class="shim12"></div> <div class="subtitle">Stakeholders proffer options for digital currency success in Nigeria</div> <div class="shim12"></div> <div class="abstract add-underline"><span>Stakeholders including the Lagos Chamber of Commerce and Industry (LCCI) and Prof. Lauren Cohen, L. E Simmons, a Professor of Business Administration, Harvard Business School, United States of America, among others, yesterday, listed recommendations for the success of Nigeria’s Central Bank Digital Currency (CBDC).</span></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/ft_pic_0934f31a-8936-4b9a-ac24-75704614b353.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3474557">Morningstar Misclassification</a></div> <div class="shim12"></div> <div class="subtitle">Widespread Misclassification of Bond Mutual Funds</div> <div class="shim12"></div> <div class="abstract add-underline"><p>We provide evidence that bond fund managers misclassify their holdings, and that these misclassifications have a real and significant impact on investor capital flows. The problem is widespread - resulting in up to 31.4% of funds being misclassified with safer profiles, when compared against their true, publicly reported holdings. “Misclassified funds” – i.e., those that hold risky bonds, but claim to hold safer bonds – appear to on-average outperform lower-risk funds in their peer-groups. Within category groups, “Misclassified funds” receive more Morningstar Stars and higher investor flows. However, when we correctly classify them based on actual risk, these funds are mediocre performers.</p></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/fdapic_e5e2a237-bc3d-4d64-b151-7dae895b0571.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3731240">December Drug Approvals</a></div> <div class="shim12"></div> <div class="subtitle">Internal Deadlines, Drug Approvals, and Safety Problems</div> <div class="shim12"></div> <div class="abstract add-underline"><p>Absent explicit quotas, incentives, reporting, or fiscal year-end motives, drugapprovals around the world surge in December, at month-ends, and before respectivemajor national holidays. Drugs approved before these informal deadlines areassociated with significantly more adverse effects, including more hospitalizations,life-threatening incidents, and deaths – particularly, drugs most rushed through theapproval process. These patterns are consistent with a model in which regulatorsrush to meet internal production benchmarks associated with salient calendarperiods: this “desk-clearing” behavior results in more lax review, leading both toincreased output and increased safety issues at particular—andpredictable—periodicities over the year.</p></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/FireShot Capture 29 - - http___www.utdallas.edu_-umit.gurun_advancescreening.mp4_e5f773f6-676c-48d7-9461-2ed03a2fa79d.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://www.youtube.com/watch?v=ClpzNQVljjY">Patent Trolls: Evidence and Proposed Solutions</a></div> <div class="shim12"></div> <div class="abstract add-underline"><p> </p> <p><strong><a href="https://www.youtube.com/watch?v=ClpzNQVljjY">The Growing Problem of Patent Trolling • <em>SCIENCE</em> • VIDEO</a></strong></p> <p><strong><span style="color: #1f497d;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-weight: normal; font-size: 12px; line-height: 18px; font-family: Verdana, Arial, sans-serif; color: #373737; float: none; widows: 1; font-stretch: normal; display: inline !important;">The last decade has seen a sharp rise in patent litigation in the U.S., with 2015 having one of the highest patent lawsuit counts on record. In theory, this could be a consequence of growth in the commercialization of technology and innovation – patent lawsuits increase as more firms turn to intellectual property (IP) protection to safeguard their competitive advantages. However, the majority of recent patent litigation is driven by nonpracticing entities (NPEs), firms that generate no products, but instead amass patent portfolios for the sake of enforcing IP rights afforded therein. We discuss new, large-sample evidence adding to a growing literature suggesting that NPEs – in particular, large patent aggregators – on average act as “patent trolls”, suing cash‐rich firms seemingly irrespective of actual patent infringement. This has a negative impact on future innovation activity at targeted firms. These results suggest a need to check the power of NPEs through changes in U.S. IP policy, in particular to screen out trolling early in the litigation process.</span></span></strong></p></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/160526_pbs_cohen_320 (1)_9114463f-7e6c-466e-a1b8-4fb989e678db.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="http://www.pbs.org/newshour/bb/u-s-innovators-dogged-by-money-grubbing-patent-trolls/">U.S. Innovators Dogged by Money-grubbing ‘Patent Trolls’</a></div> <div class="shim12"></div> <div class="subtitle">PBS News Hour Interview</div> <div class="shim12"></div> <div class="abstract add-underline"><span>The U.S. economy is driven by innovation, but unwelcome “patent trolls” are gunking up the system. Patent reform bills sit idle in Congress as the “trolls” set up companies for the sole purpose, critics say, of shaking down inventors while never creating anything. “We just have to write 'em a check so they'll go away,” says one disgusted app maker. Economics correspondent Paul Solman reports.</span></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/Faculti Lazy Prices Pic_b247317c-2eca-4385-864b-a929c5b4b7dc.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://faculti.net/lazy-prices/">Lazy Prices - Follow the Filings</a></div> <div class="shim12"></div> <div class="subtitle">The Subtle information in Firm Behavior Changes</div> <div class="shim12"></div> <div class="abstract add-underline">Using the complete history of regular quarterly and annual filings by U.S. corporations from 1995-2014, Professor Lauren Cohen shows that when firms make an active change in their reporting practices, this conveys an important signal about future firm operations.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/Lazy Prices Interview - QuantCon 2018_52c08d55-0d7e-40ae-97ba-77f376bf022c.png" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="https://www.youtube.com/watch?v=g96gROyc3wE&t=2s">Lazy Prices</a></div> <div class="shim12"></div> <div class="abstract add-underline"><p><strong><a href="https://www.youtube.com/watch?v=g96gROyc3wE&t=2s">QuantCon NYC 2018 Quantitative Investing Confernece - Interview Video</a></strong></p> <p> Using the complete history of regular quarterly and annual filings by U.S. corporations from 1995-2014, we show that when firms make an active change in their reporting practices, this conveys an important signal about future firm operations. Changes to the language and construction of financial reports also have strong implications for firms’ future returns: a portfolio that shorts “changers” and buys “non-changers” earns up to 188 basis points in monthly alphas (over 22% per year) in the future. Changes in language referring to the executive (CEO and CFO) team, regarding litigation, or in the risk factor section of the documents are especially informative for future returns. We show that changes to the 10-Ks predict future earnings, profitability, future news announcements, and even future firm-level bankruptcies. Unlike typical underreaction patterns in asset prices, we find no announcement effect associated with these changes—with returns only accruing when the information is later revealed through news, events, or earnings—suggesting that investors are inattentive to these simple changes across the universe of public firms.</p></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/troll_fig1_ed2e0752-93c2-480e-ab69-085be6647e58.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="http://www.hbs.edu/faculty/Publication%20Files/15-002_1d86bb91-630b-43b9-949d-16cfa36a5f58.pdf">Patent Trolls</a></div> <div class="shim12"></div> <div class="abstract add-underline"><p>We develop a theoretical model of, and provide the first large-sample evidence on, the behavior and impact of non-practicing entities (NPEs) in the intellectual property space. Our model shows that NPE litigation can reduce infringement and support small inventors. However, the model also shows that as NPEs become effective at bringing frivolous lawsuits, the resulting defense costs inefficiently crowd out some firms that, absent NPEs, would produce welfare-enhancing innovations without engaging in infringement. Our empirical analysis shows that on average, NPEs appear to behave as opportunistic patent trolls. NPEs sue cash-rich firms ― a one standard deviation increase in cash holdings roughly doubles a firm's chance of being targeted by NPE litigation. We find moreover that NPEs target cash unrelated to the alleged infringement at essentially the same frequency as they target cash related to the alleged infringement. By contrast, cash is neither a key driver of intellectual property lawsuits by practicing entities (e.g., IBM and Intel), nor of any other type of litigation against firms. We find further suggestive evidence of NPE opportunism, such as forum shopping and targeting of firms that may have reduced ability to defend themselves against litigation. We find that NPE litigation has a real negative impact on innovation at targeted firms: firms substantially reduce their innovative activity after settling with NPEs (or losing to them in court). Moreover, we neither find any markers of significant NPE pass-through to end innovators, nor of a positive impact of NPEs on innovation in the industries in which they are most prevalent.</p> <br /></div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/cohen_3ae485a4-f338-46ff-9543-c80a567c5509.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="http://www.people.hbs.edu/lcohen/pdffiles/coh_lou.pdf">Complicated Firms</a></div> <div class="shim12"></div> <div class="abstract add-underline">We exploit a novel setting in which the same piece of information affects two sets of firms: one set of firms requires straightforward processing to update prices, while the other set requires more complicated analyses to incorporate the same piece of information into prices. We document substantial return predictability from the set of easy-to-analyze firms to their more complicated peers. Specifically, a simple portfolio strategy that takes advantage of this straightforward vs. complicated information processing classification yields returns of 118 basis points per month. Consistent with processing complexity driving the return relation, we further show that the more complicated the firm, the more pronounced the return predictability. In addition, we find that sell-side analysts are subject to these same information processing constraints, as their forecast revisions of easy-to-analyze firms predict their future revisions of more complicated firms.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="thumbnail" style="float:left; position: relative;"><img src="https://www.hbs.edu/faculty/Profile Files/cohen2_111cb22f-b59b-49ad-83ab-5623a125d5eb.jpg" class="fluid" width="130px" style="margin-bottom: 18px; margin-right: 1em;" alt=""></div> <div class="title eta"><a href="http://www.people.hbs.edu/cmalloy/pdffiles/envaloy.pdf">Do Powerful Politicians Cause Corporate Downsizing?</a></div> <div class="shim12"></div> <div class="abstract add-underline">This paper employs a new empirical approach for identifying the impact of government spending on the private sector. Our key innovation is to use changes in congressional committee chairmanship as a source of exogenous variation in state-level federal expenditures. In doing so, we show that fiscal spending shocks appear to significantly dampen corporate sector investment and employment activity. This retrenchment follows both Senate and House committee chair changes, occurs in large and small firms and within large and small states, and is most pronounced among geographically-concentrated firms. The effects are economically meaningful and the mechanism - entirely distinct from the more traditional interest rate and tax channels - suggests new considerations in assessing the impact of government spending on private sector economic activity.</div> </article> </div> </div> </dd> <dt><a href="#" class="black accordian-kappa">Journal Articles</a></dt> <dd> <ul class="unbulleted"> <li>Chen, Huaizhi, Lauren Cohen, and Weiling Liu. <A HREF="https://www.nber.org/system/files/working_papers/w29790/w29790.pdf">"Calling All Issuers: The Market for Debt Monitoring."</A> <I>Management Science</I> (forthcoming). <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66089">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Umit Gurun. <A HREF="https://www.hbs.edu/faculty/Pages/download.aspx?name=Buying the Verdict - MS published version.pdf">"Buying the Verdict."</A> <I>Management Science</I> 70, no. 7 (July 2024): 4167–4183. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66084">View Details</a><div class="shim20"></div> </li> <li>Chen, Huaizhi, Lauren Cohen, and Umit Gurun. <A HREF="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3474557">"Don't Take Their Word for It: The Misclassification of Bond Mutual Funds."</A> <I>Journal of Finance</I> 76, no. 4 (August 2021): 1699–1730. (Winner of the Best Paper Prize at the University of Cambridge Consortium on Asset Management, 2020; Winner of the Financial Management Association Best Paper Prize in Quantitative Investments, 2020.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59160">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit Gurun, and Danielle Li. <A HREF="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3427338">"Internal Deadlines, Drug Approvals, and Safety Problems."</A> <I>American Economic Review: Insights</I> 3, no. 1 (March 2021): 67–82. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59159">View Details</a><div class="shim20"></div> </li> <li>Chen, Huaizhi, Lauren Cohen, Umit Gurun, Dong Lou, and Christopher J. Malloy. <A HREF="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3037282">"IQ from IP: Simplifying Search in Portfolio Choice."</A> <I>Journal of Financial Economics</I> 138, no. 1 (October 2020): 118–137. (Winner of the First Prize, Crowell Memorial Award for Best Paper in Quantitative Investments, PanAgora Asset Management, 2019.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=57332">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher J. Malloy, and Quoc Nguyen. <A HREF="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1658471">"Lazy Prices."</A> <I>Journal of Finance</I> 75, no. 3 (June 2020): 1371–1415. (Winner of the First Prize, Chicago Quantitative Alliance Academic Paper Competition, 2016. Winner of the Jack Treynor Prize for superior work in the field of investment management and financial markets, sponsored by the Q-Group,The Institute for Quantitative Research in Finance, 2016. Winner of the Hillcrest Behavioral Finance Prize, 2016.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=57331">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Dong Lou, and Christopher J. Malloy. <A HREF="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2479542">"Casting Conference Calls."</A> <I>Management Science</I> 66, no. 11 (November 2020): 5015–5039. (Winner of the First Prize, Crowell Memorial Award for Best Paper in Quantitative Investments, PanAgora Asset Management, 2014.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=57330">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit Gurun, and Scott Duke Kominers. <A HREF="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2464303">"Patent Trolls: Evidence from Targeted Firms."</A> <I>Management Science</I> 65, no. 12 (December 2019): 5461–5486. (Cited in the United States Federal Trade Commission Report on Patent Assertion Entities, 2016.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=55223">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren. <A HREF="https://www.hbs.edu/faculty/Pages/download.aspx?name=jae_piece.pdf">"Discussion: Do Common Inherited Beliefs and Values Influence CEO Pay?"</A> <I>Journal of Accounting & Economics</I> 64, nos. 2-3 (November 2017): 368–370. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=53641">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Joshua D. Coval, and Christopher J. Malloy. <A HREF="https://www.hbs.edu/faculty/Pages/item.aspx?num=53265">"Reply: Do Powerful Politicians Really Cause Corporate Downsizing?"</A> <I>Journal of Political Economy</I> 125, no. 6 (December 2017): 2232–2237. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=53265">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, John Golden, Umit Gurun, and Scott Duke Kominers. <A HREF="http://www.bu.edu/bulawreview/files/2017/10/GOLDEN.pdf">"Troll" Check? A Proposal for Administrative Review of Patent Litigation.</A> <I>Boston University Law Review</I> 97, no. 5 (October 2017): 1775–1841. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=53264">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit G. Gurun, and Scott Duke Kominers. <A HREF="https://hbr.org/2017/06/patent-trolling-isnt-dead-its-just-moving-to-delaware">"Patent Trolling Isn't Dead—It's Just Moving to Delaware."</A> <I>Harvard Business Review (website)</I> (June 28, 2017). <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=52992">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Dong Lou, and Christopher J. Malloy. <A HREF="https://www.hbs.edu/faculty/Pages/download.aspx?name=JIC172_CloakedTrading.pdf">"Cloaked Trading."</A> <I>Journal of Investment Consulting</I> 17, no. 2 (2016): 69–80. (Winner of the Best Paper Prize of the Journal of Investment Consulting Academic Paper Competition, 2016 ; Winner of the Institute for Quantitative Investment Research (INQUIRE) Grant, 2014.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=51971">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit Gurun, and Scott Duke Kominers. <A HREF="http://science.sciencemag.org/cgi/content/full/352/6285/521?ijkey=l3kEoRKhLwHWw&keytype=ref&siteid=sci ">"The Growing Problem of Patent Trolling."</A> <I>Science</I> 352, no. 6285 (April 29, 2016): 521–522. (<a href="https://www.youtube.com/watch?v=ClpzNQVljjY">Explanatory Video</a>.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=51034">View Details</a><div class="shim20"></div> </li> <li>Chen, Huaizhi, Lauren Cohen, and Dong Lou. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2758785">"Industry Window Dressing."</A> <I>Review of Financial Studies</I> 29, no. 12 (December 2016): 3354–3393. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=50625">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit Gurun, and Christopher J. Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2370091">"Resident Networks and Corporate Connections: Evidence from World War II Internment Camps."</A> <I>Journal of Finance</I> 72, no. 1 (February 2017): 207–248. (Winner of First Prize, the Inaugural Hakan Orbay Research Award, 2015.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=50366">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Karl Diether, and Christopher Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2127555">"Legislating Stock Prices."</A> <I>Journal of Financial Economics</I> 110, no. 3 (December 2013): 574–595. (Winner of Fama-DFA Prize for the Best Paper Published in the <i>Journal of Financial Economics</i> in Asset Pricing (Distinguished Paper) 2013.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=45019">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1689369">"Friends in High Places."</A> <I>American Economic Journal: Economic Policy</I> 6, no. 3 (August 2014): 63–91. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=45016">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Karl Diether, and Christopher Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1785454">"Misvaluing Innovation."</A> <I>Review of Financial Studies</I> 26, no. 3 (March 2013): 635–666. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=43508">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Andrea Frazzini, and Christopher Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1230856">"Hiring Cheerleaders: Board Appointments of 'Independent' Directors."</A> <I>Management Science</I> 58, no. 6 (June 2012): 1039–1058. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41038">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher Malloy, and Lukasz Pomorski. <A HREF="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1692517">"Decoding Inside Information."</A> <I>Journal of Finance</I> 67, no. 3 (June 2012): 1009–1043. (Winner of Chicago Quantitative Alliance Academic Paper Competition. First Prize presented by Chicago Quantitative Alliance.  Winner of Institute for Quantitative Investment Research (INQUIRE) Grant presented by Institute for Quantitative Investment Research.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=40609">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Dong Lou. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1570869">"Complicated Firms."</A> <I>Journal of Financial Economics</I> 104, no. 2 (May 2012). (Winner of Istanbul Stock Exchange 25th Anniversary Best Paper Competition. First Prize presented by Istanbul Stock Exchange. Winner of Center for Research in Security Prices Forum. Best Paper Prize presented by University of Chicago Booth School of Business. Winner of Paul Woolley Centre for the Study of Capital Market Dysfunctionality. Academic Grant presented by Paul Woolley Centre for the Study of Capital Market Dysfunctionality. Winner of Crowell Memorial Prize For the best paper on quantitative investing presented by PanAgora Asset Management, Inc.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=40568">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Joshua Coval, and Christopher J. Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1426106">"Do Powerful Politicians Cause Corporate Downsizing?"</A> <I>Journal of Political Economy</I> 119, no. 6 (December 2011): 1015–1060. (Click <a href=http://www.journals.uchicago.edu.ezp-prod1.hul.harvard.edu/doi/pdfplus/10.1086/694203>here</a> for a response to Snyder and Welch, click <a href=http://www.people.hbs.edu/lcohen/pdffiles/finaldata_jpe_response.dta>here</a> for the data, and click <a href=http://www.people.hbs.edu/lcohen/pdffiles/code_response_gen_allresults.do>here</a> for the code.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=40607">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher J. Malloy. <A HREF="https://www.hbs.edu/faculty/Pages/item.aspx?num=38795">"The Power of Alumni Networks."</A> <I>Harvard Business Review</I> 88, no. 10 (October 2010). <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=38795">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., Christopher J. Malloy, and Andrea Frazzini. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1095808">"Sell-Side School Ties."</A> <I>Journal of Finance</I> 65, no. 4 (August 2010): 1409–1437. (Winner of Smith Breeden Prize for the Best Paper Published in the <i>Journal of Finance</i> in Asset Pricing (Distinguished Paper) 2010.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=36459">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Breno Schmidt. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1299312">"Attracting Flows by Attracting Big Clients."</A> <I>Journal of Finance</I> 64, no. 5 (October 2009): 2125–2151. (Winner of the Barclays Global Investors Best Paper Prize, Asset Allocation Symposium, European Finance Association 2006. Winner of the Society of Quantitative Analysts Award, Best Paper in Quantitative Investments, Western Finance Association 2007.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=34723">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1359523 ">"Loyalty-Based Portfolio Choice."</A> <I>Review of Financial Studies</I> 22, no. 3 (March 2009): 1213–1245. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=31696">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Karl B. Diether, and Christopher J. Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1607041">"Shorting Demand and Predictability of Returns."</A> <I>Journal of Investment Management</I> 7, no. 1 (First Quarter 2009): 36–52. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=37426">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Andrea Frazzini, and Christopher J. Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=988932">"The Small World of Investing: Board Connections and Mutual Fund Returns."</A> <I>Journal of Political Economy</I> 116, no. 5 (October 2008): 951–979. (Winner of the Barclays Global Investors Award, Best Paper in Asset Pricing, European Finance Association 2007.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=32531">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Andrea Frazzini. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2758776">"Economic Links and Predictable Returns."</A> <I>Journal of Finance</I> 63, no. 4 (August 2008). (Winner of Smith Breeden Prize for the Best Paper Published in the <i>Journal of Finance</i> in Asset Pricing (Distinguished Paper) 2008. Winner of Chicago Quantitative Alliance Academic Paper Competition. First Prize presented by Chicago Quantitative Alliance. Winner of BSI Gamma Foundation Research Grant presented by BSI Gamma Foundation.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=31700">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Karl B. Diether, and Christopher J. Malloy. <A HREF="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=672381">"Supply and Demand Shifts in the Shorting Market."</A> <I>Journal of Finance</I> 62, no. 5 (October 2007): 2061–2096. (Winner of Smith Breeden Prize for the Best Paper Published in the <i>Journal of Finance</i> in Asset Pricing (Distinguished Paper) 2007.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=31698">View Details</a></li> </ul> </dd> <dt><a href="#" class="black accordian-kappa">Book Chapters</a></dt> <dd> <ul class="unbulleted"> <li>Headinger, Grace, Lauren Cohen, and Zhaoheng Gong. <A HREF="https://www.hbs.edu/faculty/Pages/download.aspx?name=Research Handbook on Alternative Finance - FinTech Chapter - Final - 2023_06_13.pdf">"Managing, Preserving, and Unlocking Wealth through FinTech."</A> Chap. 11 in <I><A HREF="https://www.e-elgar.com/shop/usd/research-handbook-on-alternative-finance-9781800370487.html">Research Handbook on Alternative Finance</A></I>, edited by Franklin Allen and Meijun Qian, 250–281. Northampton, MA: Edward Elgar Publishing, 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66090">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit Gurun, and Scott Duke Kominers. <A HREF="https://www.hbs.edu/faculty/Pages/item.aspx?num=50614">"Empirical Evidence on the Behavior and Impact of Patent Trolls: A Survey."</A> In <I><A HREF="http://www.cambridge.org/ls/academic/subjects/law/competition-law/patent-assertion-entities-and-competition-policy?format=HB">Patent Assertion Entities and Competition Policy</A></I>, edited by D. Daniel Sokol. Cambridge University Press, 2017. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=50614">View Details</a><div class="shim20"></div> </li> <li>Akyol, Ali, and Lauren Cohen. <A HREF="http://www.people.hbs.edu/lcohen/pdffiles/directorchoice.pdf">"Who Chooses Board Members?"</A> In <I>Advances in Financial Economics, Vol. 16</I>, edited by Kose John, Anil K. Makhija, and Stephen P. Ferris, 43–77. Emerald Group Publishing, 2013. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=50857">View Details</a></li> </ul> </dd> <dt><a href="#" class="black accordian-kappa">Working Papers</a></dt> <dd> <ul class="unbulleted"> <li>Cohen, Lauren, Umit Gurun, Katie Moon, and Paula Suh. <A HREF="https://www.nber.org/papers/w32965">"Patent Hunters."</A> NBER Working Paper Series, No. 32965, September 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66470">View Details</a><div class="shim20"></div> </li> <li>Cen, Ling, Lauren Cohen, Jing Wu, and Fan Zhang. <A HREF="https://www.nber.org/papers/w32621">"The Golden Revolving Door."</A> NBER Working Paper Series, No. 32621, June 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66148">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit Gurun, and N. Bugra Ozel. <A HREF="https://www.nber.org/papers/w30826">"Too Many Managers: The Strategic Use of Titles to Avoid Overtime Payments."</A> NBER Working Paper Series, No. 30826, January 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63491">View Details</a><div class="shim20"></div> </li> <li>Amman, Manuel, Alexander Cochardt, Lauren Cohen, and Stephan Heller. <A HREF="https://www.hbs.edu/faculty/Pages/download.aspx?name=hidden_alpha_post.pdf">"Hidden Alpha."</A> Working Paper, 2024. (Winner of the 2022 Chicago Quantitative Alliance Academic Paper Competition. First Prize presented by Chicago Quantitative Alliance. Winner of the Institute for Quantitative Investment Research (INQUIRE) Grant, 2023.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63490">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Bo Li. <A HREF="https://www.nber.org/papers/w29624?utm_campaign=ntwh&utm_medium=email&utm_source=ntwg7">"The Political Economy of Anti-Bribery Enforcement."</A> NBER Working Paper Series, No. 29624, December 2021. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=61731">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit G. Gurun, and Quoc H. Nguyen. <A HREF="https://www.nber.org/papers/w27990?utm_campaign=ntwh&utm_medium=email&utm_source=ntwg7">"The ESG-Innovation Disconnect: Evidence from Green Patenting."</A> NBER Working Paper Series, No. 27990, October 2020. (Winner of the Fordham University Gabelli School of Business – PVH Corp. Global Thought Leadership Grant on Corporate Social Responsibility, 2020.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59272">View Details</a></li> </ul> </dd> <dt><a href="#" class="black accordian-kappa">Cases and Teaching Materials</a></dt> <dd> <ul class="unbulleted"> <li>Cohen, Lauren, David Ager, and Alpana Thapar. <A HREF="http://hbr.org/product/Sacoor-Brothers--From-Co-/an/225008-PDF-ENG">"Sacoor Brothers: From Co-Family CEOs to No Family CEOs?"</A> Harvard Business School Case 225-008, October 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66562">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Sophia Pan, and Maximilian Form. "Citizens of the World: The International Legacy of Gloria von Thurn und Taxis." Harvard Business School Case 225-038, October 2024. (Revised October 2024.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66543">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., and Tonia Labruyere. "Reed Group and Succession in a Family Business: An Impossible Job to Fill?" Harvard Business School Case 825-084, October 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66524">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Fei Wu, and Sophia Pan. "Carrie Wang: Choosing Between the Family Firm and the Family Spirit: Spreadsheet Supplement." Harvard Business School Spreadsheet Supplement 225-713, September 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66482">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Fei Wu, and Sophia Pan. "Carrie Wang: Choosing Between the Family Firm and the Family Spirit." Harvard Business School Case 225-031, September 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66478">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, Alexander Bischoff, and Sophia Pan. "Rockefeller Philanthropy Advisors: Bringing Systematic Investment to Philanthropy." Harvard Business School Case 225-005, July 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66132">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Richard Ryffel, Grace Headinger, and Sophia Pan. <A HREF="http://hbr.org/product/Knowledge-Enabled-Financi/an/225009-PDF-ENG">"Knowledge-Enabled Financial Advice: Digital Transformation at Edward Jones."</A> Harvard Business School Case 225-009, July 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=66117">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Anastasiya Siroochenko (Siro), and Sophia Pan. <A HREF="http://hbr.org/product/Masterpiece-for-the-Masse/an/224086-PDF-ENG">"Masterpiece for the Masses: The First Art Exchange ARTEX."</A> Harvard Business School Case 224-086, March 2024. (Revised May 2024.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=65693">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Grace Headinger, and Sophia Pan. "Hippo: Weathering the Storm of the Home Insurance Crisis." Harvard Business School Case 224-080, March 2024. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=65551">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Sophia Pan. <A HREF="http://hbr.org/product/Can-Families-Conquer-Priv/an/224078-PDF-ENG">"Can Families Conquer Private Equity? Pritzker Private Capital."</A> Harvard Business School Case 224-078, February 2024. (Revised June 2024.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=65480">View Details</a><div class="shim20"></div> </li> <li>Wing, Christina R., Lauren Cohen, and Alpana Thapar. <A HREF="http://hbr.org/product/Ghassan-Nuqul-and-the-Nuq/an/624030-PDF-ENG">"Ghassan Nuqul and the Nuqul Group: Preserving a Father's Legacy."</A> Harvard Business School Case 624-030, September 2023. (Revised October 2023.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=64718">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Grace Headinger. <A HREF="http://hbr.org/product/Shredder-Setups-or-Straig/an/224018-PDF-ENG">"Shredder Setups or Straightlining into Risk?: Investing in What You Love."</A> Harvard Business School Case 224-018, October 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=64847">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., Zhaoheng Gong, and Grace Headinger. <A HREF="http://hbr.org/product/Diamond-Standard/an/224009-PDF-ENG">"Diamond Standard."</A> Harvard Business School Case 224-009, September 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=64628">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Grace Headinger, and Marcos Quirno. <A HREF="http://hbr.org/product/Clair/an/224015-PDF-ENG">"Clair."</A> Harvard Business School Case 224-015, July 2023. (Revised February 2024.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=64400">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Richard Ryffel, Grace Headinger, and Ruoshi Qi. <A HREF="http://hbr.org/product/Block--Creating-an-Ecosys/an/223055-PDF-ENG">"Block: Creating an Ecosystem of Ecosystems."</A> Harvard Business School Case 223-055, June 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=64140">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, Jiawei Ye, and Grace Headinger. <A HREF="http://hbr.org/product/Burning-the-Sails-to-Save/an/223081-PDF-ENG">"Burning the Sails to Save the Ship: The Pilati Family Dilemma."</A> Harvard Business School Case 223-081, April 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63910">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Ronnie Stangler, and Grace Headinger. <A HREF="http://hbr.org/product/Between-Two-Minds--The-St/an/223053-PDF-ENG">"Between Two Minds: The Staglin Family."</A> Harvard Business School Case 223-053, March 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63886">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Andres Aradillas Fernandez, and Grace Headinger. "For God, Family & Steel: Lerman Enterprises." Harvard Business School Case 823-100, March 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63779">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Grace Headinger, and Juan Ruiz. <A HREF="http://hbr.org/product/All-Options-on-the-Table-/an/223052-PDF-ENG">"All Options on the Table: The Haber Family."</A> Harvard Business School Case 223-052, February 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63631">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, Bo Li, and Zhaoheng Gong. "Baofeng's Philanthropic Efforts in China." Harvard Business School Case 223-067, January 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63544">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, Trang Duong, Grace Headinger, and Keven Wang. "Junson Capital (B): Digital Transparency In the Family Office." Harvard Business School Supplement 223-020, January 2023. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63542">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Grace Headinger, and Bill Kwon. <A HREF="http://hbr.org/product/Century-Bank--Closing-Tim/an/223040-PDF-ENG">"Century Bank: Closing Time?"</A> Harvard Business School Case 223-040, October 2022. (Revised January 2023.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63169">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Grace Headinger. <A HREF="http://hbr.org/product/An-Heir-with-No-Spare--Th/an/223019-PDF-ENG">"An Heir with No Spare: The Deitch Family Office."</A> Harvard Business School Case 223-019, October 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63130">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Ronnie Stangler, and Grace Headinger. <A HREF="http://hbr.org/product/Weapons-of-Self-Destructi/an/223033-PDF-ENG">"Weapons of Self Destruction: Zak Pym Williams and the Cultivation of Mental Wellness."</A> Harvard Business School Case 223-033, October 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63106">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, River Ewing, and Grace Headinger. <A HREF="http://hbr.org/product/Star-Magnolia-Capital--Be/an/223038-PDF-ENG">"Star Magnolia Capital: Becoming Experts at Finding Experts."</A> Harvard Business School Case 223-038, October 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63092">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, Victoria Alvarez-Arango, Grace Headinger, Mili Sanwalka, and Anna Yuan. <A HREF="http://hbr.org/product/To-SFO-or-Not-To-SFO--The/an/223021-PDF-ENG">"To SFO or Not To SFO: The Tolman Family Selects a Family Office Strategy."</A> Harvard Business School Case 223-021, October 2022. (Revised September 2024.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=63002">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, Jiawei Ye, and Grace Headinger. <A HREF="http://hbr.org/product/ROI-vs--ROI--The-Grupo-Ba/an/223018-PDF-ENG">"ROI vs. ROI: The Grupo Baobá Family Office."</A> Harvard Business School Case 223-018, September 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=62903">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Fei Wu, and Grace Headinger. <A HREF="http://hbr.org/product/One-Tiger-Per-Mountain--T/an/223001-PDF-ENG">"One Tiger Per Mountain: The He Family Office."</A> Harvard Business School Case 223-001, August 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=62807">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Grace Headinger. <A HREF="http://hbr.org/product/Rawbank-s-Illico-Cash--Ca/an/222084-PDF-ENG">"Rawbank's Illico Cash: Can 'Fast Money' Overcome Cash Dependency in the DRC?"</A> Harvard Business School Case 222-084, May 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=62467">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Richard Ryffel, and Grace Headinger. <A HREF="http://hbr.org/product/From-GOP-to-NFT--Anthony-/an/222085-PDF-ENG">"From GOP to NFT: Anthony Scaramucci and the Launch of Flatter NFT."</A> Harvard Business School Case 222-085, May 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=62466">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Grace Headinger. <A HREF="http://hbr.org/product/Reclaiming-the-Land-of-Pu/an/222078-PDF-ENG">"Reclaiming the Land of Purple: Purpl’s Mission to Unlock Finance in Lebanon."</A> Harvard Business School Case 222-078, March 2022. (Revised May 2022.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=62331">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Grace Headinger, and Pierre Marchesseault. <A HREF="http://hbr.org/product/In-Data-We-Trust--Be-Mobi/an/222073-PDF-ENG">"In Data We Trust: Be Mobile Africa and Furthering Financial Inclusion Across the African Continent."</A> Harvard Business School Case 222-073, March 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=62113">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Akiko Kanno. <A HREF="http://hbr.org/product/Toraya/an/222068-PDF-ENG">"Toraya."</A> Harvard Business School Case 222-068, February 2022. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=62032">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., Richard B. Evans, Umit G. Gurun, and Quoc H. Nguyen. <A HREF="http://hbr.org/product/Pushing-Past-the-Boundari/an/222058-PDF-ENG">"Pushing Past the Boundaries of ESG Investing: AQR Capital Management."</A> Harvard Business School Case 222-058, February 2022. (Revised April 2022.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=61805">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Spencer C. N. Hagist. <A HREF="http://hbr.org/product/The-Instant-Payment-Manda/an/222053-PDF-ENG">"The Instant Payment Mandate: The Central Bank of Brazil and Pix."</A> Harvard Business School Case 222-053, December 2021. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=61544">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Joshua D. Coval, and Christopher Malloy. "Tottenham Hotspur plc." Harvard Business School Spreadsheet Supplement 222-708, November 2021. (Revised April 2022.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=61419">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Esel Çekin, and Fares Khrais. <A HREF="http://hbr.org/product/Ensuring-Your-Family-s-Fu/an/222035-PDF-ENG">"Ensuring Your Family’s Future: The Alagil Family Office (B)."</A> Harvard Business School Supplement 222-035, September 2021. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=61227">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Esel Çekin, and Fares Khrais. <A HREF="http://hbr.org/product/Ensuring-Your-Family-s-Fu/an/222034-PDF-ENG">"Ensuring Your Family’s Future: The Alagil Family Office."</A> Harvard Business School Case 222-034, September 2021. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=61170">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Michael Chitavi, and Spencer C. N. Hagist. <A HREF="http://hbr.org/product/Equity-Bank--Charting-the/an/221105-PDF-ENG">"Equity Bank: Charting the Future."</A> Harvard Business School Case 221-105, June 2021. (Revised November 2021.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=60361">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, and Spencer C.N. Hagist. <A HREF="http://hbr.org/product/The-Incentive-for-Legacy-/an/221100-PDF-ENG">"The Incentive for Legacy: Tsinghua University Education Foundation."</A> Harvard Business School Case 221-100, April 2021. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=60113">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, Jiawei Ye, and Spencer C.N. Hagist. <A HREF="http://hbr.org/product/André-Hoffmann--Beyond-Ph/an/221093-PDF-ENG">"André Hoffmann: Beyond Philanthropy."</A> Harvard Business School Case 221-093, May 2021. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=60101">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Spencer C. N. Hagist, and Yago Zavalia Gahan. <A HREF="http://hbr.org/product/Litigation-Finance-2-0--L/an/221092-PDF-ENG">"Litigation Finance 2.0: LexShares."</A> Harvard Business School Case 221-092, March 2021. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=60040">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., Michael Chitavi, and Spencer C. N. Hagist. <A HREF="http://hbr.org/product/Equity-Bank--Challenging-/an/221080-PDF-ENG">"Equity Bank: Challenging a Giant."</A> Harvard Business School Case 221-080, February 2021. (Revised August 2021.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59678">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Spencer C.N. Hagist. <A HREF="http://hbr.org/product/Lidya--Bringing-Nigerian-/an/221083-PDF-ENG">"Lidya: Bringing Nigerian FinTech Innovation to Global Small and Medium Enterprises."</A> Harvard Business School Case 221-083, February 2021. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59677">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Xiaoyan Zhang, and Spencer C.N. Hagist. <A HREF="http://hbr.org/product/Bairong-and-the-Promise-o/an/221068-PDF-ENG">"Bairong and the Promise of Big Data."</A> Harvard Business School Case 221-068, February 2021. (Revised June 2021.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59468">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Dawn H. Lau, and Billy Chan. <A HREF="http://hbr.org/search/221047">"The 1,000-Year Plan: Lee Kum Kee and Sustaining a Family Culture."</A> Harvard Business School Case 221-047, November 2020. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59174">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Ronnie Stangler, and Spencer C. N. Hagist. <A HREF="http://hbr.org/product/Genomics-in-the-Family-Of/an/221035-PDF-ENG">"Genomics in the Family Office."</A> Harvard Business School Case 221-035, October 2020. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59087">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Spencer C. N. Hagist. <A HREF="http://hbr.org/product/Building-India-s-2-0--Pay/an/221027-PDF-ENG">"Building India's 2.0: PayNearby."</A> Harvard Business School Case 221-027, September 2020. (Revised December 2021.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=59020">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., and Spencer C. N. Hagist. <A HREF="http://hbr.org/product/Rapid7--The-Price-of-Prin/an/221021-PDF-ENG">"Rapid7: The Price of Principle."</A> Harvard Business School Case 221-021, August 2020. (Revised October 2020.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=58847">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Hao Gao, Billy Chan, and Dawn H. Lau. <A HREF="http://hbr.org/product/China-Merchants-Bank--Ush/an/220032-PDF-ENG">"China Merchants Bank: Ushering in the Era of Family Office in China."</A> Harvard Business School Case 220-032, October 2019. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=57101">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren H. Cohen, and Jiahua Xu. "fidentiaX: The Tradable Insurance Marketplace on Blockchain." Harvard Business School Teaching Note 220-037, May 2020. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=56941">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren H. Cohen, Mauro Elvedi, and Jiahua Xu. "ClearLife: From Prospect to Platform." Harvard Business School Teaching Note 220-036, October 2019. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=56940">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher J. Malloy, and Elena Corsi. "CIR Group: Passing Wealth through the Generations." Harvard Business School Teaching Note 220-038, October 2019. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=56934">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren Cohen, Mauro Elvedi, and Jiahua Xu. "ClearLife: From Prospect to Platform Spreadsheet Supplement." Harvard Business School Spreadsheet Supplement 220-706, October 2019. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=56922">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren Cohen, Mauro Elvedi, and Jiahua Xu. <A HREF="http://hbr.org/product/ClearLife--From-Prospect-/an/219119-PDF-ENG">"ClearLife: From Prospect to Platform."</A> Harvard Business School Case 219-119, June 2019. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=56253">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren H. Cohen, and Jiahua Xu. <A HREF="http://hbr.org/product/fidentiaX--The-Tradable-I/an/219116-PDF-ENG">"fidentiaX: The Tradable Insurance Marketplace on Blockchain."</A> Harvard Business School Case 219-116, May 2019. (Revised May 2020.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=56189">View Details</a><div class="shim20"></div> </li> <li>Malloy, Christopher J., Lauren H. Cohen, Hao Gao, and Dawn H. Lau. <A HREF="http://hbr.org/product/Junson-Capital--Building-/an/219069-PDF-ENG">"Junson Capital: Building an Institutionalized Family Office."</A> Harvard Business School Case 219-069, December 2018. (Revised January 2019.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=55400">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., Umit G. Gurun, Scott Duke Kominers, and Sarah Mehta. <A HREF="https://store.hbr.org/product/when-trolls-attack-carbonite-vs-oasis-research/219001">"When Trolls Attack: Carbonite vs. Oasis Research."</A> Harvard Business School Case 219-001, January 2019. (Revised May 2019.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=55495">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher J. Malloy, and Elena Corsi. "CIR Group: Passing Wealth through the Generations." Harvard Business School Spreadsheet Supplement 219-728, January 2019. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=55405">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher J. Malloy, and Elena Corsi. <A HREF="http://hbr.org/product/CIR-Group--Passing-Wealth/an/219060-PDF-ENG">"CIR Group: Passing Wealth through the Generations."</A> Harvard Business School Case 219-060, December 2018. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=55404">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren Cohen, Christopher J. Malloy, and Jiahua Xu. "Ashar Group: Brokers and Co-opetition in the Life Settlement Industry." Harvard Business School Spreadsheet Supplement 219-701, November 2018. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=54702">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren H. Cohen, Christopher J. Malloy, and Jiahua Xu. <A HREF="http://store.hbr.org/product/introduction-to-life-settlements/218127">"Introduction to Life Settlements."</A> Harvard Business School Background Note 218-127, June 2018. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=54582">View Details</a><div class="shim20"></div> </li> <li>Malloy, Christopher, Lauren Cohen, and Essie Alamsyah. <A HREF="http://hbr.org/product/Shanda-Family-Office/an/218102-PDF-ENG">"Shanda Family Office."</A> Harvard Business School Case 218-102, April 2018. (Revised September 2019.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=54538">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren H. Cohen, Christopher J. Malloy, and Jiahua Xu. "Ashar Group: Brokers and Co-opetition in the Life Settlement Industry." Harvard Business School Teaching Note 218-128, June 2018. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=54581">View Details</a><div class="shim20"></div> </li> <li>Malloy, Christopher J., Lauren H. Cohen, and Anthony K. Woo. "Dianrong: Marketplace Lending, Blockchain, and 'The New Finance' in China." Harvard Business School Teaching Note 218-117, May 2018. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=54472">View Details</a><div class="shim20"></div> </li> <li>Braun, Alexander, Lauren H. Cohen, Christopher J. Malloy, and Jiahua Xu. <A HREF="http://store.hbr.org/product/ashar-group-brokers-and-co-opetition-in-the-life-settlement-industry/218109">"Ashar Group: Brokers and Co-opetition in the Life Settlement Industry."</A> Harvard Business School Case 218-109, May 2018. (Revised June 2018.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=54365">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., Umit G. Gurun, Scott Duke Kominers, and George Hou. <A HREF="http://hbr.org/product/Patent-Trolling/an/218085-PDF-ENG">"Patent Trolling."</A> Harvard Business School Background Note 218-085, February 2018. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=54154">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher Malloy, and William Powley. <A HREF="http://hbr.org/product/The-Market-for-Justice--B/an/218007-PDF-ENG">"The Market for Justice: Burford Capital and the Litigation Finance Industry."</A> Harvard Business School Case 218-007, October 2017. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=53263">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher Malloy, and Matthew Foreman. <A HREF="http://hbr.org/product/Domeyard--Starting-a-High/an/215036-PDF-ENG">"Domeyard: Starting a High-Frequency Trading (HFT) Hedge Fund."</A> Harvard Business School Case 215-036, April 2015. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=48844">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher Malloy, and Tina Tang. <A HREF="http://hbr.org/product/The-Complexity-of-Vanguar/an/215038-PDF-ENG">"The Complexity of Vanguard's Entry Decision into ETFs (A) ."</A> Harvard Business School Case 215-038, December 2014. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=48336">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren. "Stock Pitching at Freelin Capital." Harvard Business School Teaching Note 214-026, September 2013. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=45475">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren. <A HREF="http://hbr.org/product/Stock-Pitching-at-Freelin/an/214005-PDF-ENG">"Stock Pitching at Freelin Capital."</A> Harvard Business School Case 214-005, September 2013. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=45472">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren. "Seeking Alpha in the Afterlife: CMG Life Services and the Life Settlement Industry." Harvard Business School Teaching Note 214-014, August 2013. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=45200">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren. <A HREF="http://hbr.org/product/Seeking-Alpha-in-the-Afte/an/214011-PDF-ENG">"Seeking Alpha in the Afterlife: CMG Life Services and the Life Settlement Industry."</A> Harvard Business School Case 214-011, July 2013. (Revised August 2013.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=45199">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren. "<A HREF="http://hbr.org/search/212086">The Commoditization of Investment Management.</A>" Harvard Business School Module Note 212-086, February 2012. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=44589">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher J. Malloy. "AQR's Momentum Funds (A) (CW)." Harvard Business School Spreadsheet Supplement 213-722, February 2013. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=44312">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher J. Malloy. "Dimensional Fund Advisors (DFA)'s Entry into the Retirement Market (CW)." Harvard Business School Spreadsheet Supplement 213-713, February 2013. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=44311">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren. "Innovating into Active ETFs: Factor Funds Capital Management LLC (CW)." Harvard Business School Spreadsheet Supplement 213-712, February 2013. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=44310">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher J. Malloy. "AQR's Delta Strategy (CW)." Harvard Business School Spreadsheet Supplement 213-711, February 2013. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=43788">View Details</a><div class="shim20"></div> </li> <li>Froot, Kenneth A., Lauren Cohen, and Scott Waggoner. <A HREF="http://hbr.org/product/Innovating-into-Active-ET/an/211031-PDF-ENG">"Innovating into Active ETFs: Factor Funds Capital Management LLC."</A> Harvard Business School Case 211-031, November 2010. (Revised May 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=39604">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Kenneth Froot, and Timothy Gray. "Innovating into Active ETFs: Factor Funds Capital Management LLC (TN)." Harvard Business School Teaching Note 212-085, May 2012. (Revised February 2013.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=42136">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher Malloy. <A HREF="http://hbr.org/product/Quadriserv-and-the-Short-/an/212021-PDF-ENG">"Quadriserv and the Short Selling Market."</A> Harvard Business School Case 212-021, November 2011. (Revised April 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41177">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher Malloy, and Timothy Gray. "Quadriserv and the Short Selling Market (TN)." Harvard Business School Teaching Note 212-037, November 2011. (Revised April 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41178">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher Malloy, and Timothy Gray. "Dimensional Fund Advisors (DFA)'s Entry into the Retirement Market (TN)." Harvard Business School Teaching Note 212-069, January 2012. (Revised February 2013.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41412">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher Malloy. <A HREF="http://hbr.org/product/Fundamental-Analysis-in-E/an/212022-PDF-ENG">"Fundamental Analysis in Emerging Markets: Autoweb Holdings."</A> Harvard Business School Case 212-022, September 2011. (Revised March 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=40909">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher Malloy. <A HREF="http://hbr.org/product/Fundamental-Analysis-in-E/an/212023-PDF-ENG">"Fundamental Analysis in Emerging Markets: Tren Anuncio Ràpido."</A> Harvard Business School Case 212-023, September 2011. (Revised March 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=40910">View Details</a><div class="shim20"></div> </li> <li>Bergstresser, Daniel, Lauren Cohen, Randolph B. Cohen, and Christopher Malloy. <A HREF="http://hbr.org/product/AQR-s-DELTA-Strategy/an/212038-PDF-ENG">"AQR's DELTA Strategy."</A> Harvard Business School Case 212-038, October 2011. (Revised March 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41053">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher Malloy. <A HREF="http://hbr.org/product/Dimensional-Fund-Advisors/an/212068-PDF-ENG">"Dimensional Fund Advisors (DFA)'s Entry into the Retirement Market."</A> Harvard Business School Case 212-068, January 2012. (Revised March 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41410">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher Malloy. <A HREF="http://hbr.org/product/Introduction-to-Short-Sel/an/212079-PDF-ENG">"Introduction to Short Selling."</A> Harvard Business School Background Note 212-079, March 2012. (Revised March 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41593">View Details</a><div class="shim20"></div> </li> <li>Bergstresser, Daniel, Lauren Cohen, Christopher Malloy, Randolph B. Cohen, and Timothy Gray. "AQR's DELTA Strategy (TN)." Harvard Business School Teaching Note 212-084, March 2012. (Revised February 2013.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41635">View Details</a><div class="shim20"></div> </li> <li>Bergstresser, Daniel Baird, Lauren H. Cohen, Randolph B. Cohen, and Christopher J. Malloy. <A HREF="http://hbr.org/product/AQR-s-Momentum-Funds--A-/an/211025-PDF-ENG">"AQR's Momentum Funds (A)."</A> Harvard Business School Case 211-025, September 2010. (Revised March 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=39422">View Details</a><div class="shim20"></div> </li> <li>Bergstresser, Daniel, Lauren Cohen, Christopher Malloy, Randolph B. Cohen, and Timothy Gray. "AQR's Momentum Funds (TN) (A) and (B)." Harvard Business School Teaching Note 212-083, March 2012. (Revised February 2013.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41631">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher Malloy, and Timothy Gray. "Business Intelligence Advisors (BIA), Inc.: Finding the Hidden Meaning in Corporate Disclosures (TN)." Harvard Business School Teaching Note 212-066, January 2012. (Revised March 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41375">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher Malloy. <A HREF="http://hbr.org/product/Business-Intelligence-Adv/an/212031-PDF-ENG">"Business Intelligence Advisors (BIA), Inc.: Finding the Hidden Meaning in Corporate Disclosures."</A> Harvard Business School Case 212-031, October 2011. (Revised March 2012.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=40963">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Christopher Malloy, and Tim Gray. "Fundamental Analysis in Emerging Markets: Autoweb Holdings and Tren Anuncio Ràpido (TN)." Harvard Business School Teaching Note 212-043, March 2012. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=41582">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., and Christopher J. Malloy. "Miracle Life Inc. (TN)." Harvard Business School Teaching Note 210-069, April 2010. (Revised September 2011.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=38642">View Details</a><div class="shim20"></div> </li> <li>Bergstresser, Daniel Baird, Lauren H. Cohen, Randolph B. Cohen, and Christopher J. Malloy. <A HREF="http://hbr.org/product/AQR-s-Momentum-Funds--B-/an/211075-PDF-ENG">"AQR's Momentum Funds (B)."</A> Harvard Business School Supplement 211-075, April 2011. (Revised May 2011.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=40475">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, and Christopher Malloy. <A HREF="http://hbr.org/product/Miracle-Life--Inc-/an/210039-PDF-ENG">"Miracle Life, Inc."</A> Harvard Business School Case 210-039, November 2009. (Revised May 2017.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=38191">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., and Christopher J. Malloy. <A HREF="http://hbr.org/product/PlanetTran/an/209029-PDF-ENG">"PlanetTran."</A> Harvard Business School Case 209-029, October 2008. (Revised March 2010.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=36468">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., and Christopher J. Malloy. "PlanetTran (TN)." Harvard Business School Teaching Note 209-120, March 2009. (Revised February 2010.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=37162">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., Joshua D. Coval, and Christopher J. Malloy. <A HREF="http://hbr.org/product/Tottenham-Hotspur-plc/an/209059-PDF-ENG">"Tottenham Hotspur plc."</A> Harvard Business School Case 209-059, November 2008. (Revised November 2024.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=36558">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren H., Joshua D. Coval, and Christopher J. Malloy. "Tottenham Hotspur plc." Harvard Business School Teaching Note 209-121, March 2009. (Revised July 2024.) <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=37166">View Details</a></li> </ul> </dd> <dt><a href="#" class="black accordian-kappa">Presentations</a></dt> <dd> <ul class="unbulleted"> <li>Cohen, Lauren. <A HREF="https://www.govinfo.gov/content/pkg/CHRG-111hhrg58493/pdf/CHRG-111hhrg58493.pdf">"Presented testimony on the 'Impacts of Government Spending'."</A> Hearing on Recovery Act Transportation and Infrastructure Projects: Impacts on Local Communities and Business, U.S. House of Representatives, Committee on Transportation and Infrastructure, Washington, DC, September 29, 2010. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=44936">View Details</a></li> </ul> </dd> <dt><a href="#" class="black accordian-kappa">Business Writing on Innovation</a></dt> <dd> <ul class="unbulleted"> <li>Cohen, Lauren, Umit G. Gurun, and Scott Duke Kominers. <A HREF="http://fortune.com/2015/01/22/how-u-s-laws-protecting-americas-best-ideas-are-killing-innovation/">"How U.S. Laws Protecting America's Best Ideas Are Killing Innovation."</A> <I>Fortune.com, Postcards Blog</I> (January 22, 2015). <a href='http://fortune.com/2015/01/22/how-u-s-laws-protecting-americas-best-ideas-are-killing-innovation/' target='_blank'>http://fortune.com/2015/01/22/how-u-s-laws-protecting-americas-best-ideas-are-killing-innovation/</a>. <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=50646">View Details</a><div class="shim20"></div> </li> <li>Cohen, Lauren, Umit G. Gurun, and Scott Duke Kominers. <A HREF="http://masslawyersweekly.com/2015/05/28/congress-must-look-forward-in-reining-in-patent-trolls/">"Congress Must Look Forward in Reining in Patent Trolls."</A> <I>Massachusetts Lawyers Weekly</I> (May 28, 2015). <a href="https://www.hbs.edu/faculty/Pages/item.aspx?num=50645">View Details</a></li> </ul> </dd> <dt><a href="#" class="black accordian-kappa">Research Summary</a></dt> <dd> <div class="row tablet-row mobile-row "> <div class="span8 "> <article> <div class="title eta"><a href="https://www.hbs.edu/faculty/Pages/item.aspx?researchSummary=60">Overview</a></div> <div class="shim12"></div> <div class="abstract add-underline">For Professor Cohen's recent articles and working papers, please visit his <a href="https://www.laurenhcohen.com/">personal website.</a></div> </article> </div> </div> </dd> <dt><a href="#" class="black accordian-kappa">Teaching</a></dt> <dd> <div class="row tablet-row mobile-row "> <div class="span8 "> <article> <div class="title eta"><a href="https://www.hbs.edu/faculty/Pages/item.aspx?teachingSummary=151">Overview</a></div> <div class="shim12"></div> <div class="abstract add-underline">Family Enterprises - Family Offices - FinTech - Innovation - Patent Landscape - Asset Pricing - Behavioral Finance - Asset Management</div> </article> </div> </div> </dd> <dt><a href="#" class="black accordian-kappa">Awards & Honors</a></dt> <dd> <div class="row tablet-row mobile-row "> <div class="span8 "> <article> <div class="abstract add-underline">Winner of a National Science Foundation Faculty Early Career Development (CAREER) Award for for work on Relationships in Finance, 2009–2014.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2007 Smith Breeden Distinguished Paper Prize for the Best Paper in the <i>Journal of Finance</i> for his paper with Karl Diether and Christopher Malloy, “Supply and Demand Shifts in the Shorting Market” (October 2007).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2008 Smith Breeden Prize for a distinguished paper in the <i>Journal of Finance</i> for his paper with Andrea Frazzini, “Economic Links and Predictable Returns” (<i>Journal of Finance</i>, August 2008).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2010 Smith Breeden Distinguished Paper Honor for the Best Paper in the <i>Journal of Finance</i> for his paper with Christopher Malloy and Andrea Frazzini, “Sell-Side School Ties” (August 2010).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Presented testimony on the “Impacts of Government Spending” to the Committee on Transportation and Infrastructure, United States House of Representatives, Sept 29, 2010.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2007 Society of Quantitative Analysts Award for Best Paper in Quantitative Investments from the Western Finance Association for the paper with Breno Schmidt, “Attracting Flows by Attracting Big Clients” (<i>Journal of Finance</i>, October 2009).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2006 Barclays Global Investors Best Paper Prize, Asset Allocation Symposium, European Finance Association, for the paper with Breno Schmidt, “Attracting Flows by Attracting Big Clients” (<i>Journal of Finance</i>, October 2009).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2007 Barclays Global Investors Best Paper Prize, Asset Allocation Symposium, European Finance Association, for the paper with Andrea Frazzini and Christopher Malloy, “The Small World of Investing: Board Connections and Mutual Fund Returns” (<i>Journal of Political Economy</i>, October 2008).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2010 Best Paper Prize from the Center for Research in Security Prices Forum for "Complicated Firms" (with Dong Lou, <i>Journal of Financial Economics</i>, May 2012).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2011 Richard A. Crowell Memorial Award, First Prize, from PanAgora Asset Management’s Quantitative Research Institute for the best paper in the field of quantitative investment for his paper with Dong Lou, “Complicated Firms” (<i>Journal of Financial Economics</i>, May 2012).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2010 First Prize in the Istanbul Stock Exchange 25th Anniversary Best Paper Competition for "Complicated Firms" (with Dong Lou, <i>Journal of Financial Economics</i>, May 2012).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2006 First Prize in the Chicago Quantitative Alliance Academic Paper Competition for the paper (with Andrea Frazzini) "Economic Links and Predictable Returns" (<i>Journal of Finance</i>, August 2008).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2010 First Prize Chicago Quantitative Alliance Academic Paper Competition with Christopher Malloy for their paper with Lukasz Pomorski, "Decoding Inside Information" (NBER Working Paper Series, No. 16454, October 2010).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of an Institute for Quantitative Investment Research (INQUIRE) Grant in 2009 for "Decoding Inside Information" (NBER Working Paper Series, No. 16454, October 2010) with Christopher Malloy and Lukasz Pomorski.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of an Institute for Quantitative Investment Research (INQUIRE) Grant in 2010 for "Complicated Firms" (with Dong Lou, <i>Journal of Financial Economics</i>, May 2012).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of a Paul Woolley Centre Academic Grant in 2010 for "Complicated Firms" (with Dong Lou, <i>Journal of Financial Economics</i>, May 2012).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won the 2006 BSI Gamma Foundation Grant, Firm Characteristics and Investment Management for the paper (with Andrea Frazzini) "Economic Links and Predictable Returns" (<i>Journal of Finance</i>, August 2008).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Won a 2006 Whitebox Grant for Research in the Behavioral Sciences.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Received a 2009 Emerald Management Reviews Citation of Excellence Award for his paper with Andrea Frazzini, “Economic Links and Predictable Returns” (<i>Journal of Finance</i>, August 2008).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of a Simon Kuznets Fellowship, Outstanding Undergraduate in Economics, Penn Institute for Economic Research, 2000.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2014 Crowell Memorial Prize for Best Paper on Quantitative Investing from PanAgora Asset Management for "Playing Favorites: How Firms Prevent the Revelation of Bad News" (with Dong Lou and Christopher J. Malloy, 2014).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2013 Fama-DFA Second Place Prize for the Best Paper Published in the <i>Journal of Financial Economics</i> in the Areas of Capital Markets and Asset Pricing for "Legislating Stock Prices" (with Karl Diether and Christopher Malloy, December 2013).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2016 First Prize in the Chicago Quantitative Alliance Academic Paper Competition for "Lazy Prices" with Christopher J. Malloy and Quoc Nguyen.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2016 Jack Treynor Prize from The Institute for Quantitative Research in Finance (Q-Group) for "Lazy Prices" with Christopher J. Malloy and Quoc Nguyen.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2016 Hillcrest Behavioral Finance Award for "Lazy Prices" with Christopher J. Malloy and Quoc Nguyen.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2016 Best Paper Prize of the <I>Journal of Investment Consulting</I> Academic Paper Competition for "Cloaked Trading" with Dong Lou and Christopher J. Malloy.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2020 Best Paper Prize at the University of Cambridge Consortium on Asset Management with Huaizhi Chen and Umit Gurun for "Don't Take Their Word for It: The Misclassification of Bond Mutual Funds" (Journal of Finance, forthcoming).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2020 Best Paper Prize in Quantitative Investments at the Annual Meeting of the Financial Management Association with Huaizhi Chen and Umit Gurun for "Don't Take Their Word for It: The Misclassification of Bond Mutual Funds" (<i>Journal of Finance</i>, 2021).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2022 Best Paper Award on Finance in <i>Management Science</i> from the Finance Section of the Institute for Operations Research and the Management Sciences (INFORMS) for "Patent Trolls: Evidence from Targeted Firms” (December 2019) with Umit Gurun and Scott Duke Kominers.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2022 First Prize in the Chicago Quantitative Alliance Academic Paper Competition for "Hidden Alpha" with Manuel Ammann, Alexander Cochardt, and Stephan Heller.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of a National Science Foundation Science of Science & Innovation Policy (Sci-SIP) Award for Assessing the Impact of Non-Practicing Entities on U.S. Innovation with Umit Gurun, Scott Kominers, 2015–2021.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2021 John L. Weinberg/IRRCI Research Paper Award Competition for “The ESG-Innovation Disconnect: Evidence from Green Patenting” with Umit Gurun and Quoc Nguyen.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2020 Global Thought Leadership Grant on Corporate Social Responsibility (CSR) from Fordham University Gabelli School of Business and PVH Corp. for “The ESG-Innovation Disconnect: Evidence from Green Patenting” with Umit Gurun and Quoc Nguyen.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2018 Crowell Memorial Prize For the Best Paper on Quantitative Investing from PanAgora Asset Management for “IQ from IP: Simplifying Search in Portfolio Choice” (with Huaizhi Chen, Umit Gurun, Dong Lou, and Christopher J. Malloy).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2019 Best Paper Award in Investments at the Center for Financial Planning Academic Research Conference for “Lazy Prices” with Christopher Malloy and Quoc Nguyen.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">“AQR’s Momentum Funds (A)” (HBS Case 211-025) with Daniel Bergstresser, Randolph Cohen, and Christopher Malloy was selected as a Case Centre Bestselling Finance, Accounting and Control Case in 2021.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Recipient of a 2020 Top Cited Article Award from Wiley Publishing for Lazy Prices (Journal of Finance, June 2020) with Christopher Malloy and Quoc Nguyen.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Recipient of a 2021 Top Cited Article Award from Wiley Publishing for Lazy Prices (Journal of Finance, June 2020) with Christopher Malloy and Quoc Nguyen.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Invited to give a keynote address at the launch of the eNaira, Nigeria’s Central Bank Digital Currency (CBDC), 2021.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of an Institute for Quantitative Investment Research (INQUIRE) Grant in 2014 for “Cloaked Trading” with Dong Lou and Christopher Malloy.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of an Institute for Quantitative Investment Research (INQUIRE) Grant in 2022 for “Hidden Alpha” with Manuel Amman, Alexander Cochardt, and Stephan Heller.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the Columbia Millstein Center & Investor Responsibility Research Center Grant, 2013.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Invited to brief the United States Congress on innovation policy, 2020.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the Inaugural Hakan Orbay Research First Prize Award in 2015 for “Resident Networks and Corporate Connections: Evidence from World War II Internment Camps” with Umit Gurun and Christopher Malloy (<i>Journal of Finance</i>, 2017).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Named a <i>Poets & Quants</i> Favorite MBA Professor of 2017.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Named a Top 40 Under 40 Business School Professor Globally by <i>Poets & Quants</i> in 2017.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Named one of Harvard Business School’s Best Teachers - CNBC, 2017.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Named a 2008 Cutting Edge Academic, Smart Money, Pensions & Investments, 2008.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Winner of the 2022 International Powerlifting Federation (IPF) Master's World Powerlifting Competition Championship (83kg).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Competitor in the 2017 World's Strongest Man competition (80KG).</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Set the All-Time World Record in the Squat in the 181 lb. drug-tested division of the United States Powerlifting Association (USPA) with a squat of 630 lbs in December 2014.</div> </article> <div class="shim30"></div> <div class="hr"></div> <div class="shim30"></div> <article> <div class="abstract add-underline">Set the All-Time World Record in the Squat in the 165 lb. drug-tested division of the United States Powerlifting Association (USPA) with a squat of 583 lbs in December 2016.</div> </article> </div> </div> </dd> <dt><a href="#" class="black accordian-kappa">Additional Information</a></dt> <dd> <ul class="unbulleted"> <li><a href="/faculty/Profile Files/cv_7_070bcd8f-8268-4bf7-af12-6577debbcf38.pdf">Curriculum Vitae</a></li> <li><a href="http://laurenhcohen.com/">Lauren Cohen's Homepage</a></li> <li><a href="http://hbswk.hbs.edu/faculty/lcohen.html">Working Knowledge Articles</a></li> </ul> </dd> <dt><a href="#" class="black accordian-kappa">Areas of Interest</a></dt> <dd> <ul class="unbulleted"> <li><a href="/faculty/Pages/browse.aspx?topic=asset pricing">asset pricing</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=behavioral finance">behavioral finance</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=environmental, social, and governance (ESG)">environmental, social, and governance (ESG)</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=family business">family business</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=patents">patents</a></li> <div style="margin-top: 30px;"><strong>Additional Topics</strong></div> <li><a href="/faculty/Pages/browse.aspx?topic=big data">big data</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=boards of directors">boards of directors</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=capital markets">capital markets</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=conflicts of interest">conflicts of interest</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=corporate entrepreneurship">corporate entrepreneurship</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=decision-making">decision-making</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=entrepreneurial finance">entrepreneurial finance</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=financial innovation">financial innovation</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=financial intermediaries">financial intermediaries</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=government and business">government and business</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=hedge funds">hedge funds</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=innovation">innovation</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=institutional investing">institutional investing</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=insurance and reinsurance">insurance and reinsurance</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=investment management">investment management</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=investor behavior">investor behavior</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=long-term investing">long-term investing</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=managing innovation">managing innovation</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=mutual funds">mutual funds</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=networks">networks</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=patents">patents</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=political economy">political economy</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=pricing">pricing</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=relationships">relationships</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=shareholder value">shareholder value</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=social interactions">social interactions</a></li> <li><a href="/faculty/Pages/browse.aspx?topic=value investing">value investing</a></li> <div style="margin-top: 30px;"><strong>Industries</strong></div> <li><a href="/faculty/Pages/browse.aspx?industry=asset management">asset management</a></li> <li><a href="/faculty/Pages/browse.aspx?industry=brokerage">brokerage</a></li> <li><a href="/faculty/Pages/browse.aspx?industry=federal government">federal government</a></li> <li><a href="/faculty/Pages/browse.aspx?industry=financial services">financial services</a></li> <li><a href="/faculty/Pages/browse.aspx?industry=investment banking industry">investment banking industry</a></li> <li><a href="/faculty/Pages/browse.aspx?industry=state government">state government</a></li> </ul> </dd> <dt><a href="#" class="black accordian-kappa">In The News</a></dt> <dd> <div class="mobile-in-the-news"> <div class="shim20"></div> <div class="sidebar-margins"> <h3 class="kappa-uc" style="margin-top: 0px;">In The News</h3> <ul class="media-list3 sidebar-stream "> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>11 Jun 2020</li> <li class="ash">HBS Working Knowledge</li> </ul> <h4 class="kappa-uc"><a href="https://hbswk.hbs.edu/item/are-digital-organizations-better-at-overcoming-covid" class="block" style="color: #2AA296;border:!px solid red;">Are Digital Organizations Better at Overcoming COVID?</a></h4> <div class="nu add-underline"></div> </div> </div> </li> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>10 Nov 2020</li> <li class="ash">HBS Working Knowledge</li> </ul> <h4 class="kappa-uc"><a href="https://hbswk.hbs.edu/item/research-news-and-tips-innovating-across-time-zones" class="block" style="color: #2AA296;border:!px solid red;">Research News and Tips: Innovating Across Time Zones</a></h4> <div class="nu add-underline"></div> </div> </div> </li> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>13 Mar 2022</li> <li class="ash">USA Today</li> </ul> <h4 class="kappa-uc"><a href="https://usatodayspecial-va.newsmemory.com/?special=Restoring+America&date=20220317" class="block" style="color: #2AA296;border:!px solid red;">Optimizing the Online Option</a></h4> <div class="nu add-underline"></div> </div> </div> </li> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>26 Oct 2022</li> <li class="ash">Poets & Quants</li> </ul> <h4 class="kappa-uc"><a href="https://poetsandquants.com/2022/10/26/all-the-new-mba-courses-at-the-top-u-s-b-schools/3/" class="block" style="color: #2AA296;border:!px solid red;">All The New MBA Courses At The Top U.S. B-Schools</a></h4> <div class="nu add-underline"></div> </div> </div> </li> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>10 Jan 2023</li> <li class="ash">Bloomberg</li> </ul> <h4 class="kappa-uc"><a href="https://www.bloomberg.com/news/articles/2023-01-10/dubious-manager-titles-help-companies-avoid-paying-overtime" class="block" style="color: #2AA296;border:!px solid red;">Your Fancy New Manager Title Might Be Your Boss’s Way to Avoid Paying You Overtime</a></h4> <div class="nu add-underline"></div> </div> </div> </li> </ul> </div> <div class="more " style=""><span class="widget-popup" style="margin-right:4px;height:11px;margin-top:2px;" aria-hidden="true">→</span><a href="#newsPopupHtml" class="widget-popup">More News for Lauren H. Cohen</a></div> <div class="html "> <div id="newsPopupHtml" style="display:none;"> <div class="color-framework grid-framework type-framework component-framework pattern-framework responsive-framework"> <div class="white-bg" style="padding:40px;"> <h2 class="kappa">Lauren H. Cohen In the News</h2> <div class="shim20"></div> <p class="nu">11 Jun 2020<br>HBS Working Knowledge<br><a href="https://hbswk.hbs.edu/item/are-digital-organizations-better-at-overcoming-covid">Are Digital Organizations Better at Overcoming COVID?</a></p> <p class="nu">10 Nov 2020<br>HBS Working Knowledge<br><a href="https://hbswk.hbs.edu/item/research-news-and-tips-innovating-across-time-zones">Research News and Tips: Innovating Across Time Zones</a></p> <p class="nu">13 Mar 2022<br>USA Today<br><a href="https://usatodayspecial-va.newsmemory.com/?special=Restoring+America&date=20220317">Optimizing the Online Option</a></p> <p class="nu">26 Oct 2022<br>Poets & Quants<br><a href="https://poetsandquants.com/2022/10/26/all-the-new-mba-courses-at-the-top-u-s-b-schools/3/">All The New MBA Courses At The Top U.S. B-Schools</a></p> <p class="nu">10 Jan 2023<br>Bloomberg<br><a href="https://www.bloomberg.com/news/articles/2023-01-10/dubious-manager-titles-help-companies-avoid-paying-overtime">Your Fancy New Manager Title Might Be Your Boss’s Way to Avoid Paying You Overtime</a></p> <p class="nu">11 Jan 2023<br>TIME<br><a href="https://time.com/6246036/employee-overtime-law/">More and More Employers Are Using an Overtime Loophole to Pay People Less</a></p> <p class="nu">11 Jan 2023<br>Daily Mail<br><a href="https://www.dailymail.co.uk/news/article-11615099/amp/US-firms-dodge-4bn-overtime-payments-doling-bogus-manager-job-titles-low-level-staff.html">‘Director of First Impressions’ or Receptionist? Firms Dodge $4BN in Overtime Pay by Doling Out Phony ‘Manager’ Job Titles to Low-Level Staff</a></p> <p class="nu">12 Jan 2023<br>Forbes<br><a href="https://www.forbes.com/sites/stuartanderson/2023/01/12/highly-inventive-immigrants-also-make-natives-more-innovative/?sh=1a0807e324b2">Highly Inventive Immigrants Also Make Natives More Innovative</a></p> <p class="nu">02 Dec 2022<br>Harvard Business School<br><a href="https://www.hbs.edu/news/articles/Pages/powerlifting-professor.aspx">The Powerlifting Professor</a></p> <p class="nu">29 Nov 2021<br>HBS Working Knowledge<br><a href="https://hbswk.hbs.edu/item/whats-the-role-of-business-in-confronting-climate-change">What's the Role of Business in Confronting Climate Change?</a></p> <p class="nu">26 Oct 2022<br>Poets & Quants<br><a href="https://poetsandquants.com/2022/10/26/all-the-new-mba-courses-at-the-top-u-s-b-schools/3/">All The New MBA Courses At The Top U.S. B-Schools</a></p> <p class="nu">15 Mar 2021<br>HBS Working Knowledge<br><a href="https://hbswk.hbs.edu/item/readers-ask-whats-the-next-big-thing-in-finance">Readers Ask: What's the Next 'Big Thing' in Finance</a></p> <p class="nu">02 Aug 2021<br>Financial Times<br><a href="https://www.ft.com/content/ccc0c0f3-cef4-4504-a768-e50b3695d5f2?shareType=nongift">Why Bond Funds May Be Riskier than They Seem</a></p> <p class="nu">11 Feb 2020<br>Forbes<br><a href="https://www.forbes.com/sites/simonconstable/2020/02/11/the-skinny-on-the-ongoing-morningstar-rating-squabble/#63d07c126c91">The Skinny On The Ongoing Morningstar Ratings Squabble</a></p> <p class="nu">07 Nov 2019<br>Forbes<br><a href="https://www.forbes.com/sites/francoisbotha/2019/11/07/the-future-of-education-in-family-business-leadership-and-tips-to-get-started/#30e05f421eeb">The Future Of Education In Family Business Leadership And Tips To Get Started</a></p> <p class="nu">03 Jan 2020<br>Wall Street Journal<br><a href="https://www.wsj.com/articles/fdas-deadline-problem-11578047402">FDA’s Deadline Problem?</a></p> <p class="nu">10 Jan 2019<br>New York Times<br><a href="https://www.nytimes.com/2019/01/10/business/secrets-corporate-reports-apple.html">How Companies Like Apple Sprinkle Secrets in Earnings Reports</a></p> <p class="nu">03 Aug 2020<br>Wall Street Journal<br><a href="https://www.wsj.com/articles/when-companies-favor-bullish-analysts-on-calls-bad-news-often-follows-11596208922">When Companies Favor Bullish Analysts on Calls, Bad News Often Follows</a></p> <p class="nu">14 Jun 2017<br>Wall Street Journal<br><a href="https://www.wsj.com/articles/hidden-in-plain-sight-a-powerful-way-to-beat-the-market-1497367597">Hidden in Plain Sight: A Powerful Way to Beat the Market</a></p> <p class="nu">04 Mar 2015<br>Economist<br><a href="https://www.hbs.edu/news/Pages/item.aspx?num=8750">Patent trolls: Why no one likes them</a></p> <p class="nu">20 Aug 2014<br>Washington Post<br><a href="http://www.washingtonpost.com/blogs/the-switch/wp/2014/08/20/yes-patent-trolls-go-out-of-their-way-to-target-rich-companies/">Yes, patent trolls go out of their way to target rich companies</a></p> <p class="nu">25 Oct 2013<br>Financial Times<br><a href="http://agendaweek.com/c/595624/67004/rigging_your_earnings_calls_idea">Why Rigging Your Earnings Calls Is a Bad Idea</a></p> <p class="nu">23 Jan 2015<br>Fortune<br><a href="http://fortune.com/2015/01/22/how-u-s-laws-protecting-americas-best-ideas-are-killing-innovation/">How U.S. laws protecting America’s best ideas are killing innovation</a></p> <p class="nu">10 Jan 2018<br>Poets & Quants<br><a href="https://poetsandquants.com/2018/01/10/our-favorite-mba-professors-of-2017/">Our Favorite MBA Professors Of 2017</a></p> <p class="nu">05 Dec 2014<br>Bankrate.com<br><a href="http://www.bankrate.com/finance/insurance/life-settlement-gets-face-lift.aspx">Life settlement gets a welcome face-lift</a></p> <p class="nu">27 Mar 2017<br>Poets & Quants<br><a href="http://poetsandquants.com/2017/03/27/lauren-cohen-harvards-powerlifting-finance-prof/">Lauren Cohen: Harvard’s Powerlifting Finance Prof</a></p> <p class="nu">26 Apr 2017<br>CNBC<br><a href="http://www.cnbc.com/2017/04/10/powerlifter-became-one-of-harvard-business-schools-best-teachers.html">How this 37-year-old powerlifter became one of Harvard Business School’s best teachers</a></p> <p class="nu">28 Jun 2017<br>Harvard Business Review<br><a href="https://hbr.org/2017/06/patent-trolling-isnt-dead-its-just-moving-to-delaware">Patent Trolling Isn’t Dead — It’s Just Moving to Delaware</a></p> <p class="nu">02 May 2018<br>Wall Street Journal<br><a href="https://www.wsj.com/articles/the-problem-with-a-federal-jobs-guarantee-hint-its-not-the-price-tag-1525267192?ns=prod/accounts-wsj">The Problem With a Federal Jobs Guarantee (Hint: It’s Not the Price Tag)</a></p> <p class="nu">19 Dec 2016<br>Powerlifting Watch<br><a href="http://www.powerliftingwatch.com/node/33915">Dr. Lauren Cohen Breaks All Time Squat Record</a></p> <p class="nu">26 May 2016<br>PBS Newshour<br><a href="http://www.pbs.org/newshour/bb/u-s-innovators-dogged-by-money-grubbing-patent-trolls/">U.S. innovators dogged by money-grubbing ‘patent trolls’</a></p> <p class="nu">24 Oct 2016<br>Bloomberg View<br><a href="https://www.bloomberg.com/view/articles/2016-10-24/apple-has-designs-on-stifling-innovation">Apple Has Designs on Stifling Innovation</a></p> <p class="nu">28 Apr 2016<br>Harvard Business School<br><a href="https://www.hbs.edu/news/releases/Pages/lauren-cohen-patent-aggregators-science.aspx">New Study Exposes the Growing Problem of Patent Aggregators and Aggregators’ Negative Impact on Innovation in the United States</a></p> <p class="nu">23 Apr 2015<br>US News & World Report<br><a href="http://money.usnews.com/money/personal-finance/mutual-funds/articles/2015/04/23/how-to-embrace-healthy-risk-in-investing">How to Embrace Healthy Risk in Investing</a></p> <p class="nu">21 Nov 2014<br>Montreal Gazette<br><a href="http://montrealgazette.com/business/local-business/personal-finance/unwanted-life-insurance-can-be-a-valuable-asset-for-seniors-retirement">Unwanted life insurance can be a valuable asset for seniors’ retirement</a></p> <p class="nu">29 Apr 2015<br>HBS Working Knowledge<br><a href="http://hbswk.hbs.edu/item/7753.html">Using Personal Experience to Pick Winning Stocks</a></p> <p class="nu">14 Mar 2014<br>Wall Street Journal<br><a href="http://online.wsj.com/news/articles/SB10001424052702303546204579439240195018708?mg=reno64-wsj">Ties to Washington Can Put Companies in a Bind</a></p> <p class="nu">20 Aug 2014<br>HBS Working Knowledge<br><a href="http://hbswk.hbs.edu/item/7599.html">Dragging Patent Trolls Into the Light</a></p> <p class="nu">26 Mar 2013<br>Wall Street Journal<br><a href="http://blogs.wsj.com/overheard/2013/03/26/a-bear-call-on-bullish-analysts/?cb=logged0.40874383661275426">A Bear Call on Bullish Analysts</a></p> <p class="nu">09 Oct 2013<br>New York Times<br><a href="http://newoldage.blogs.nytimes.com/2013/10/09/a-new-way-to-pay-for-long-term-care/?_r=0">A New Way to Pay for Long-Term Care</a></p> <p class="nu">05 Nov 2012<br>HBS Working Knowledge<br><a href="http://hbswk.hbs.edu/item/7101.html">What Wall Street Doesn't Understand About International Trade</a></p> <p class="nu">07 Nov 2010<br>Boston Globe<br><a href="http://www.boston.com/news/politics/articles/2010/11/07/the_honorable_senators_buddies/">The Honorable Senator's buddies</a></p> <p class="nu">27 May 2010<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10001424052748704026204575266651344397616.html?mod=googlenews_wsj">Zero-Sum Earmarks</a></p> <p class="nu">24 Jun 2010<br>Epoch Times<br><a href="http://www.theepochtimes.com/n2/content/view/37910/">Politicians Cause Downsizing</a></p> <p class="nu">29 Nov 2010<br>Fortune<br><a href="http://finance.fortune.cnn.com/2010/11/29/why-the-stock-market-isnt-fair/">Why the stock market isn't fair</a></p> <p class="nu">18 Jul 2011<br>Financial Times<br><a href="http://www.ft.com/intl/cms/s/0/2fe38490-b176-11e0-9444-00144feab49a.html#axzz1SSg1O76v">A brave new networked world</a></p> <p class="nu">29 Aug 2011<br><a href="http://hbswk.hbs.edu/item/6794.html">Decoding Insider Information and Other Secrets of Old School Chums</a></p> <p class="nu">28 Nov 2012<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10000872396390444100404577641463717344178.html?KEYWORDS=%22lauren+cohen%22&_nocache=1354130524287&user=welcome&mg=id-wsj">Executives' Good Luck in Trading Own Stock</a></p> <p class="nu">07 Sep 2012<br>Economist<br><a href="http://www.economist.com/node/21562205">My little crony</a></p> <p class="nu">28 Oct 2010<br>Economist<br><a href="http://www.economist.com/node/17363445?story_id=17363445&fsrc=rss">Far from the meddling crowd</a></p> <p class="nu">05 Jan 2014<br>Wall Street Journal<br><a href="http://blogs.wsj.com/economics/2014/01/05/offbeat-dispatches-from-economic-summit/">Offbeat Dispatches From Economic Summit</a></p> <p class="nu">10 Dec 2010<br>Financial Times<br><a href="http://www.ft.com/cms/s/2/28d18b1a-0452-11e0-8a3c-00144feabdc0.html#axzz17ikLVwZ0">Something for the weekend</a></p> <p class="nu">11 Jul 2014<br>American Public Media: Marketplace<br><a href="http://www.marketplace.org/topics/economy/well-fargo-other-big-banks-could-see-lower-profits">Wells Fargo, other big banks could see lower profits</a></p> <p class="nu">29 Feb 2012<br>Slate<br><a href="http://www.slate.com/blogs/moneybox/2012/02/29/the_economic_impact_of_committee_chairman_switches.html">The Economic Impact of Congressional Committee Chairman Switches</a></p> <p class="nu">28 Nov 2012<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10001424127887324020804578147261230632772.html">Timing Is Everything for Insider Sales</a></p> <p class="nu">28 Nov 2012<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10000872396390444100404577641463717344178.html?KEYWORDS=%22lauren+cohen%22&_nocache=1354130524287&user=welcome&mg=id-wsj">Executives’ Good Luck in Trading Own Stock</a></p> <p class="nu">19 Oct 2012<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10000872396390444592704578066963628831282.html">CEOs Dress Their Companies to Impress</a></p> <p class="nu">08 Sep 2012<br>Economist<br><a href="http://www.economist.com/node/21562205">My Little Crony: You Too Can Enjoy the Benefits of Beltway Capitalism</a></p> <p class="nu">28 Sep 2012<br>Financial Times<br><a href="http://www.ft.com/intl/cms/s/0/ab35dc7e-0788-11e2-92b5-00144feabdc0.html#axzz283OO0xAV">The predictability principle</a></p> <p class="nu">15 Aug 2012<br>Fortune<br><a href="http://finance.fortune.cnn.com/2012/08/15/senate-vote-trades/?iid=SF_F_River">How to profit from a Senate vote</a></p> <p class="nu">12 Nov 2013<br>Harvard Crimson<br><a href="http://www.thecrimson.com/article/2013/11/13/harvard-professors-twitter-stock/">Harvard Professors Express Skepticism About Twitter Stock’s Staying Power</a></p> </div> </div> </div> </div> </div> </dd> </dl> </div> </div> <div class="span3 tablet-span3 sidebar vrule-offset desktop-visible"> <div class="cap tablet-cap mobile-cap"></div> <div class="kappa-uc custom-title" style="margin-bottom: 8px;">Additional Information</div> <div class="sidebar-list" data-wcm-edit-url=""> <div class="" data-wcm-edit-url=""><a href="/faculty/Profile Files/cv_7_070bcd8f-8268-4bf7-af12-6577debbcf38.pdf">Curriculum Vitae</a></div> <div class="shim10"></div> <div class="" data-wcm-edit-url=""><a href="http://laurenhcohen.com/">Lauren Cohen's Homepage</a></div> <div class="shim10"></div> <div class="" data-wcm-edit-url=""><a href="http://hbswk.hbs.edu/faculty/lcohen.html">Working Knowledge Articles</a></div> </div> <div class="shim30"></div> <div 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<div class=""> <div class=""> <ul class="linear mu-uc"> <li>11 Jun 2020</li> <li class="ash">HBS Working Knowledge</li> </ul> <h4 class="kappa-uc"><a href="https://hbswk.hbs.edu/item/are-digital-organizations-better-at-overcoming-covid" class="block" style="color: #2AA296;border:!px solid red;">Are Digital Organizations Better at Overcoming COVID?</a></h4> <div class="nu add-underline"></div> </div> </div> </li> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>10 Nov 2020</li> <li class="ash">HBS Working Knowledge</li> </ul> <h4 class="kappa-uc"><a href="https://hbswk.hbs.edu/item/research-news-and-tips-innovating-across-time-zones" class="block" style="color: #2AA296;border:!px solid red;">Research News and Tips: Innovating Across Time Zones</a></h4> <div class="nu add-underline"></div> </div> </div> </li> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>13 Mar 2022</li> <li class="ash">USA Today</li> </ul> <h4 class="kappa-uc"><a href="https://usatodayspecial-va.newsmemory.com/?special=Restoring+America&date=20220317" class="block" style="color: #2AA296;border:!px solid red;">Optimizing the Online Option</a></h4> <div class="nu add-underline"></div> </div> </div> </li> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>26 Oct 2022</li> <li class="ash">Poets & Quants</li> </ul> <h4 class="kappa-uc"><a href="https://poetsandquants.com/2022/10/26/all-the-new-mba-courses-at-the-top-u-s-b-schools/3/" class="block" style="color: #2AA296;border:!px solid red;">All The New MBA Courses At The Top U.S. B-Schools</a></h4> <div class="nu add-underline"></div> </div> </div> </li> <li class="media"> <div class=""> <div class=""> <ul class="linear mu-uc"> <li>10 Jan 2023</li> <li class="ash">Bloomberg</li> </ul> <h4 class="kappa-uc"><a href="https://www.bloomberg.com/news/articles/2023-01-10/dubious-manager-titles-help-companies-avoid-paying-overtime" class="block" style="color: #2AA296;border:!px solid red;">Your Fancy New Manager Title Might Be Your Boss’s Way to Avoid Paying You Overtime</a></h4> <div class="nu add-underline"></div> </div> </div> </li> </ul> </div> <div class="more " style=""><span class="widget-popup" style="margin-right:4px;height:11px;margin-top:2px;" aria-hidden="true">→</span><a href="#newsPopupHtml" class="widget-popup">More News for Lauren H. Cohen</a></div> <div class="html "> <div id="newsPopupHtml" style="display:none;"> <div class="color-framework grid-framework type-framework component-framework pattern-framework responsive-framework"> <div class="white-bg" style="padding:40px;"> <h2 class="kappa">Lauren H. Cohen In the News</h2> <div class="shim20"></div> <p class="nu">11 Jun 2020<br>HBS Working Knowledge<br><a href="https://hbswk.hbs.edu/item/are-digital-organizations-better-at-overcoming-covid">Are Digital Organizations Better at Overcoming COVID?</a></p> <p class="nu">10 Nov 2020<br>HBS Working Knowledge<br><a href="https://hbswk.hbs.edu/item/research-news-and-tips-innovating-across-time-zones">Research News and Tips: Innovating Across Time Zones</a></p> <p class="nu">13 Mar 2022<br>USA Today<br><a href="https://usatodayspecial-va.newsmemory.com/?special=Restoring+America&date=20220317">Optimizing the Online Option</a></p> <p class="nu">26 Oct 2022<br>Poets & Quants<br><a href="https://poetsandquants.com/2022/10/26/all-the-new-mba-courses-at-the-top-u-s-b-schools/3/">All The New MBA Courses At The Top U.S. B-Schools</a></p> <p class="nu">10 Jan 2023<br>Bloomberg<br><a href="https://www.bloomberg.com/news/articles/2023-01-10/dubious-manager-titles-help-companies-avoid-paying-overtime">Your Fancy New Manager Title Might Be Your Boss’s Way to Avoid Paying You Overtime</a></p> <p class="nu">11 Jan 2023<br>TIME<br><a href="https://time.com/6246036/employee-overtime-law/">More and More Employers Are Using an Overtime Loophole to Pay People Less</a></p> <p class="nu">11 Jan 2023<br>Daily Mail<br><a href="https://www.dailymail.co.uk/news/article-11615099/amp/US-firms-dodge-4bn-overtime-payments-doling-bogus-manager-job-titles-low-level-staff.html">‘Director of First Impressions’ or Receptionist? Firms Dodge $4BN in Overtime Pay by Doling Out Phony ‘Manager’ Job Titles to Low-Level Staff</a></p> <p class="nu">12 Jan 2023<br>Forbes<br><a href="https://www.forbes.com/sites/stuartanderson/2023/01/12/highly-inventive-immigrants-also-make-natives-more-innovative/?sh=1a0807e324b2">Highly Inventive Immigrants Also Make Natives More Innovative</a></p> <p class="nu">02 Dec 2022<br>Harvard Business School<br><a href="https://www.hbs.edu/news/articles/Pages/powerlifting-professor.aspx">The Powerlifting Professor</a></p> <p class="nu">29 Nov 2021<br>HBS Working Knowledge<br><a href="https://hbswk.hbs.edu/item/whats-the-role-of-business-in-confronting-climate-change">What's the Role of Business in Confronting Climate Change?</a></p> <p class="nu">26 Oct 2022<br>Poets & Quants<br><a href="https://poetsandquants.com/2022/10/26/all-the-new-mba-courses-at-the-top-u-s-b-schools/3/">All The New MBA Courses At The Top U.S. B-Schools</a></p> <p class="nu">15 Mar 2021<br>HBS Working Knowledge<br><a href="https://hbswk.hbs.edu/item/readers-ask-whats-the-next-big-thing-in-finance">Readers Ask: What's the Next 'Big Thing' in Finance</a></p> <p class="nu">02 Aug 2021<br>Financial Times<br><a href="https://www.ft.com/content/ccc0c0f3-cef4-4504-a768-e50b3695d5f2?shareType=nongift">Why Bond Funds May Be Riskier than They Seem</a></p> <p class="nu">11 Feb 2020<br>Forbes<br><a href="https://www.forbes.com/sites/simonconstable/2020/02/11/the-skinny-on-the-ongoing-morningstar-rating-squabble/#63d07c126c91">The Skinny On The Ongoing Morningstar Ratings Squabble</a></p> <p class="nu">07 Nov 2019<br>Forbes<br><a href="https://www.forbes.com/sites/francoisbotha/2019/11/07/the-future-of-education-in-family-business-leadership-and-tips-to-get-started/#30e05f421eeb">The Future Of Education In Family Business Leadership And Tips To Get Started</a></p> <p class="nu">03 Jan 2020<br>Wall Street Journal<br><a href="https://www.wsj.com/articles/fdas-deadline-problem-11578047402">FDA’s Deadline Problem?</a></p> <p class="nu">10 Jan 2019<br>New York Times<br><a href="https://www.nytimes.com/2019/01/10/business/secrets-corporate-reports-apple.html">How Companies Like Apple Sprinkle Secrets in Earnings Reports</a></p> <p class="nu">03 Aug 2020<br>Wall Street Journal<br><a href="https://www.wsj.com/articles/when-companies-favor-bullish-analysts-on-calls-bad-news-often-follows-11596208922">When Companies Favor Bullish Analysts on Calls, Bad News Often Follows</a></p> <p class="nu">14 Jun 2017<br>Wall Street Journal<br><a href="https://www.wsj.com/articles/hidden-in-plain-sight-a-powerful-way-to-beat-the-market-1497367597">Hidden in Plain Sight: A Powerful Way to Beat the Market</a></p> <p class="nu">04 Mar 2015<br>Economist<br><a href="https://www.hbs.edu/news/Pages/item.aspx?num=8750">Patent trolls: Why no one likes them</a></p> <p class="nu">20 Aug 2014<br>Washington Post<br><a href="http://www.washingtonpost.com/blogs/the-switch/wp/2014/08/20/yes-patent-trolls-go-out-of-their-way-to-target-rich-companies/">Yes, patent trolls go out of their way to target rich companies</a></p> <p class="nu">25 Oct 2013<br>Financial Times<br><a href="http://agendaweek.com/c/595624/67004/rigging_your_earnings_calls_idea">Why Rigging Your Earnings Calls Is a Bad Idea</a></p> <p class="nu">23 Jan 2015<br>Fortune<br><a href="http://fortune.com/2015/01/22/how-u-s-laws-protecting-americas-best-ideas-are-killing-innovation/">How U.S. laws protecting America’s best ideas are killing innovation</a></p> <p class="nu">10 Jan 2018<br>Poets & Quants<br><a href="https://poetsandquants.com/2018/01/10/our-favorite-mba-professors-of-2017/">Our Favorite MBA Professors Of 2017</a></p> <p class="nu">05 Dec 2014<br>Bankrate.com<br><a href="http://www.bankrate.com/finance/insurance/life-settlement-gets-face-lift.aspx">Life settlement gets a welcome face-lift</a></p> <p class="nu">27 Mar 2017<br>Poets & Quants<br><a href="http://poetsandquants.com/2017/03/27/lauren-cohen-harvards-powerlifting-finance-prof/">Lauren Cohen: Harvard’s Powerlifting Finance Prof</a></p> <p class="nu">26 Apr 2017<br>CNBC<br><a href="http://www.cnbc.com/2017/04/10/powerlifter-became-one-of-harvard-business-schools-best-teachers.html">How this 37-year-old powerlifter became one of Harvard Business School’s best teachers</a></p> <p class="nu">28 Jun 2017<br>Harvard Business Review<br><a href="https://hbr.org/2017/06/patent-trolling-isnt-dead-its-just-moving-to-delaware">Patent Trolling Isn’t Dead — It’s Just Moving to Delaware</a></p> <p class="nu">02 May 2018<br>Wall Street Journal<br><a href="https://www.wsj.com/articles/the-problem-with-a-federal-jobs-guarantee-hint-its-not-the-price-tag-1525267192?ns=prod/accounts-wsj">The Problem With a Federal Jobs Guarantee (Hint: It’s Not the Price Tag)</a></p> <p class="nu">19 Dec 2016<br>Powerlifting Watch<br><a href="http://www.powerliftingwatch.com/node/33915">Dr. Lauren Cohen Breaks All Time Squat Record</a></p> <p class="nu">26 May 2016<br>PBS Newshour<br><a href="http://www.pbs.org/newshour/bb/u-s-innovators-dogged-by-money-grubbing-patent-trolls/">U.S. innovators dogged by money-grubbing ‘patent trolls’</a></p> <p class="nu">24 Oct 2016<br>Bloomberg View<br><a href="https://www.bloomberg.com/view/articles/2016-10-24/apple-has-designs-on-stifling-innovation">Apple Has Designs on Stifling Innovation</a></p> <p class="nu">28 Apr 2016<br>Harvard Business School<br><a href="https://www.hbs.edu/news/releases/Pages/lauren-cohen-patent-aggregators-science.aspx">New Study Exposes the Growing Problem of Patent Aggregators and Aggregators’ Negative Impact on Innovation in the United States</a></p> <p class="nu">23 Apr 2015<br>US News & World Report<br><a href="http://money.usnews.com/money/personal-finance/mutual-funds/articles/2015/04/23/how-to-embrace-healthy-risk-in-investing">How to Embrace Healthy Risk in Investing</a></p> <p class="nu">21 Nov 2014<br>Montreal Gazette<br><a href="http://montrealgazette.com/business/local-business/personal-finance/unwanted-life-insurance-can-be-a-valuable-asset-for-seniors-retirement">Unwanted life insurance can be a valuable asset for seniors’ retirement</a></p> <p class="nu">29 Apr 2015<br>HBS Working Knowledge<br><a href="http://hbswk.hbs.edu/item/7753.html">Using Personal Experience to Pick Winning Stocks</a></p> <p class="nu">14 Mar 2014<br>Wall Street Journal<br><a href="http://online.wsj.com/news/articles/SB10001424052702303546204579439240195018708?mg=reno64-wsj">Ties to Washington Can Put Companies in a Bind</a></p> <p class="nu">20 Aug 2014<br>HBS Working Knowledge<br><a href="http://hbswk.hbs.edu/item/7599.html">Dragging Patent Trolls Into the Light</a></p> <p class="nu">26 Mar 2013<br>Wall Street Journal<br><a href="http://blogs.wsj.com/overheard/2013/03/26/a-bear-call-on-bullish-analysts/?cb=logged0.40874383661275426">A Bear Call on Bullish Analysts</a></p> <p class="nu">09 Oct 2013<br>New York Times<br><a href="http://newoldage.blogs.nytimes.com/2013/10/09/a-new-way-to-pay-for-long-term-care/?_r=0">A New Way to Pay for Long-Term Care</a></p> <p class="nu">05 Nov 2012<br>HBS Working Knowledge<br><a href="http://hbswk.hbs.edu/item/7101.html">What Wall Street Doesn't Understand About International Trade</a></p> <p class="nu">07 Nov 2010<br>Boston Globe<br><a href="http://www.boston.com/news/politics/articles/2010/11/07/the_honorable_senators_buddies/">The Honorable Senator's buddies</a></p> <p class="nu">27 May 2010<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10001424052748704026204575266651344397616.html?mod=googlenews_wsj">Zero-Sum Earmarks</a></p> <p class="nu">24 Jun 2010<br>Epoch Times<br><a href="http://www.theepochtimes.com/n2/content/view/37910/">Politicians Cause Downsizing</a></p> <p class="nu">29 Nov 2010<br>Fortune<br><a href="http://finance.fortune.cnn.com/2010/11/29/why-the-stock-market-isnt-fair/">Why the stock market isn't fair</a></p> <p class="nu">18 Jul 2011<br>Financial Times<br><a href="http://www.ft.com/intl/cms/s/0/2fe38490-b176-11e0-9444-00144feab49a.html#axzz1SSg1O76v">A brave new networked world</a></p> <p class="nu">29 Aug 2011<br><a href="http://hbswk.hbs.edu/item/6794.html">Decoding Insider Information and Other Secrets of Old School Chums</a></p> <p class="nu">28 Nov 2012<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10000872396390444100404577641463717344178.html?KEYWORDS=%22lauren+cohen%22&_nocache=1354130524287&user=welcome&mg=id-wsj">Executives' Good Luck in Trading Own Stock</a></p> <p class="nu">07 Sep 2012<br>Economist<br><a href="http://www.economist.com/node/21562205">My little crony</a></p> <p class="nu">28 Oct 2010<br>Economist<br><a href="http://www.economist.com/node/17363445?story_id=17363445&fsrc=rss">Far from the meddling crowd</a></p> <p class="nu">05 Jan 2014<br>Wall Street Journal<br><a href="http://blogs.wsj.com/economics/2014/01/05/offbeat-dispatches-from-economic-summit/">Offbeat Dispatches From Economic Summit</a></p> <p class="nu">10 Dec 2010<br>Financial Times<br><a href="http://www.ft.com/cms/s/2/28d18b1a-0452-11e0-8a3c-00144feabdc0.html#axzz17ikLVwZ0">Something for the weekend</a></p> <p class="nu">11 Jul 2014<br>American Public Media: Marketplace<br><a href="http://www.marketplace.org/topics/economy/well-fargo-other-big-banks-could-see-lower-profits">Wells Fargo, other big banks could see lower profits</a></p> <p class="nu">29 Feb 2012<br>Slate<br><a href="http://www.slate.com/blogs/moneybox/2012/02/29/the_economic_impact_of_committee_chairman_switches.html">The Economic Impact of Congressional Committee Chairman Switches</a></p> <p class="nu">28 Nov 2012<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10001424127887324020804578147261230632772.html">Timing Is Everything for Insider Sales</a></p> <p class="nu">28 Nov 2012<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10000872396390444100404577641463717344178.html?KEYWORDS=%22lauren+cohen%22&_nocache=1354130524287&user=welcome&mg=id-wsj">Executives’ Good Luck in Trading Own Stock</a></p> <p class="nu">19 Oct 2012<br>Wall Street Journal<br><a href="http://online.wsj.com/article/SB10000872396390444592704578066963628831282.html">CEOs Dress Their Companies to Impress</a></p> <p class="nu">08 Sep 2012<br>Economist<br><a href="http://www.economist.com/node/21562205">My Little Crony: You Too Can Enjoy the Benefits of Beltway Capitalism</a></p> <p class="nu">28 Sep 2012<br>Financial Times<br><a href="http://www.ft.com/intl/cms/s/0/ab35dc7e-0788-11e2-92b5-00144feabdc0.html#axzz283OO0xAV">The predictability principle</a></p> <p class="nu">15 Aug 2012<br>Fortune<br><a href="http://finance.fortune.cnn.com/2012/08/15/senate-vote-trades/?iid=SF_F_River">How to profit from a Senate vote</a></p> <p class="nu">12 Nov 2013<br>Harvard Crimson<br><a href="http://www.thecrimson.com/article/2013/11/13/harvard-professors-twitter-stock/">Harvard Professors Express Skepticism About Twitter Stock’s Staying Power</a></p> </div> </div> </div> </div> </div> </div> <div class="base tablet-base mobile-base"></div> <div class="vrule-gutter-base"></div> </div> </div> </main> </div> <!-- ENDINDEX --> <div class="clear"></div> </div> <div class="back-to-top"><a href="#" class="icon-back-to-top" aria-label="Scroll back to top of page"></a></div><footer role="contentinfo"> <div class="universal-footer noindex" data-feature="universal-footer"> <div class="color-framework grid-framework type-framework component-framework pattern-framework js-framework responsive-framework"> <div class="black-bg link-controller white universal-footer-v3 responsive-type"> <div class="container tablet-container mobile-container"> <div class="shim48 desktop-visible"></div> <div class="shim36 tablet-visible"></div> <div 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this.velocitySamples = []; this.debug = $("#sticky-header-debug"); this.buildHeader(); this.setMinHeight(); this.setMaxHeight(); } StickyHeader.prototype.temporarilyDisabled = function() { this.disabled = true; var self = this; window.setTimeout(function(){ self.disabled = false; },500); } /* determine if the header navigation should be displayed while the user is scrolling down */ StickyHeader.prototype.setMinHeight = function() { // if the screen width is within the mobile or tablet range, hide the navigation on scroll, otherwise, show it if ($(".page-header").hasClass('page-header-online') && $( '.ua-mobile, .ua-tablet' ).length) { this.minHeight = 40; } else if ($(".page-header").hasClass('page-header-online')) { this.minHeight = 90; } else if ($( '.ua-mobile, .ua-tablet' ).length) { this.minHeight = 0; } else { this.minHeight = 40 } } /* determine how big the header should be when the user starts to scroll up */ StickyHeader.prototype.setMaxHeight = function() { // clear out the current max height this.maxHeight = 0; // add up the heights of the cloned stiky header elements as the new max height $( '.sticky-header-cloned' ).each( function( index, element ) { this.maxHeight += $( element ).height(); }.bind( this ) ); // Override for HBS online if($(".page-header").hasClass('page-header-online')) { if ($( '.ua-mobile, .ua-tablet' ).length > 0) { this.maxHeight = 0; } else { this.maxHeight = 90; } } } StickyHeader.prototype.buildHeader = function() { var headerHeight = $(".page-header").height(); // Override for HBS online if($(".page-header").hasClass('page-header-online')) { headerHeight = 0; } this.appearsAt = $(".page-header").offset().top + headerHeight; this.sticky = $('<div id="sticky-header" style="height:0; top: -5px;"></div>'); this.stickyWrap = $('<div class="wrapper"></div>'); var container = $(".site-header").parents('.grid-framework'); $( '.universal-banner, .site-header' ).each( function( index, element ) { this.stickyWrap.append( $( element ).clone() ); $( element ).addClass( 'sticky-header-cloned' ); }.bind( this ) ); this.sticky.append(this.stickyWrap); $(".sticky-header-container").append(this.sticky); } StickyHeader.prototype.triggerDisappear = function(){ this.sticky.addClass('at-scroll-top'); this.isVisible = false; this.currentHeight = 0; this.sticky.css('height',this.currentHeight); $("body").removeClass("sticky-header-active"); $("body").removeClass('sticky-header-expanded'); } StickyHeader.prototype.triggerAppear = function(){ if ($("body").hasClass('slider-is-open')) return; this.isVisible = true; $("body").addClass("sticky-header-active"); } StickyHeader.prototype.triggerExpand = function(){ if (this.disabled) return; if ($("body").hasClass('slider-is-open')) return; if (this.currentHeight == this.maxHeight) return; this.sticky.css('height',this.maxHeight-1); this.currentHeight = this.maxHeight; $("body").addClass('sticky-header-expanded'); } StickyHeader.prototype.triggerShrink = function(){ if ($( '.ua-mobile, .ua-tablet' ).length == 0 || !$(".page-header").hasClass('page-header-online')) { this.sticky.removeClass('at-scroll-top'); } var self = this; window.requestAnimationFrame(function(){ var newHeight = 0; if (self.isVisible) { newHeight = self.minHeight; } if (self.currentHeight == newHeight) return; self.sticky.css('height',newHeight); self.currentHeight = newHeight; $("body").removeClass('sticky-header-expanded'); }) } StickyHeader.prototype.redraw = function() { // This is costly to performance but unavoidable //const pageY = window.scrollY; //This throws a syntax error in IE11. var pageY = window.pageYOffset; var scrollUp = pageY < this.lastScrollTop; var scrollDistance = pageY - this.lastScrollTop; this.velocitySamples.push(Math.abs(scrollDistance)); if (this.velocitySamples.length > 10) { this.velocitySamples.shift(); } var totalDistance = 0; for (var i = 0;i<this.velocitySamples.length;i++){ totalDistance += this.velocitySamples[i]; } var velocity = totalDistance / this.velocitySamples.length; var debugVars = {}; if (pageY != this.lastScrollTop) { debugVars.pageY = pageY; debugVars.minHeight = this.minHeight; debugVars.maxHeight = this.maxHeight; debugVars.appearsAt = this.appearsAt; debugVars.velocity = velocity; debugVars.disabled = this.disabled; var html = ''; $.each(debugVars,function(k,v){ html += '<div>' + k + ': '+v +'</div>'; }) this.debug.html(html); if (pageY >= this.appearsAt) { this.triggerAppear(); } if ($(".page-header").hasClass('page-header-online') && $('.table-of-contents-wrapper').length && $('.table-of-contents-wrapper.jump-to').length == 0){ var tocWrap = $('.table-of-contents-wrapper'); var toc = tocWrap.children('.table-of-contents'); var tocItems = toc.find('.toc-item'); var stickyHeight = this.maxHeight; if ((pageY + stickyHeight) > tocWrap.offset().top && !toc.hasClass('sticky')) { toc.addClass('sticky'); } else if ((pageY + stickyHeight) <= tocWrap.offset().top && toc.hasClass('sticky')) { toc.removeClass('sticky'); } if (toc.hasClass('sticky')) { tocItems.each(function( index ) { var section = $($(this).children("a.toc-jump").attr("href")); if (section.length) { var sectionTop = section.offset().top - 45; var pageHeight = pageY + stickyHeight + toc.height(); if ((pageHeight > sectionTop) && !$(this).hasClass('current')) { tocItems.removeClass('current'); $(this).addClass('current'); } else if ((pageHeight <= sectionTop) && $(this).hasClass('current')) { $(this).removeClass('current'); } } }); } } if (pageY <= 0) { this.triggerDisappear(); } else if (scrollUp) { console.log('scroll up'); if ($(".page-header").hasClass('page-header-online') && pageY < (this.appearsAt - this.maxHeight)) { this.triggerDisappear(); } else if (velocity > 5 || pageY < this.appearsAt) { this.triggerExpand(); } } else if (pageY > this.appearsAt) { // If HBS online and mobile hide the sticky header if ($(".page-header").hasClass('page-header-online') && $( '.ua-mobile, .ua-tablet' ).length > 0) { this.triggerDisappear(); } this.triggerShrink(); } this.lastScrollTop = pageY; } this.hasScrolled = false; }; var _domready = _domready || []; _domready.push(function(){ if (document.getElementById('wcm-react-root')) return; if (window.stickyHeaderDisabled) return; window.stickyHeader = new StickyHeader(); var _onScroll = function () { if (!window.stickyHeader.hasScrolled) { window.requestAnimationFrame(function(){ window.stickyHeader.redraw(); }); } window.stickyHeader.hasScrolled = true; window.requestAnimationFrame(_onScroll); }; _onScroll(); //without this, the header flickers on online window.setTimeout(function(){ _onScroll(); },250) $(document).on('delay-sticky-nav',function(){ window.stickyHeader.temporarilyDisabled(); }) // needed for facet pages http://www.hbs.edu/news/Pages/default.aspx $(document).on('click',".facetctrl-sticky.active",function(){ $(document).trigger('delay-sticky-nav'); }) $(document).on('click',".filter-sticky.fixed",function(){ $(document).trigger('delay-sticky-nav'); }) }); jQuery(function($){ //Bio content originating from RIS is inconsistent. JS to handle that. var contents = $.trim($(".briefbio .contents").text()); if (contents == '') { if($(".fullbio > p").length) { var firstpara = $(".fullbio > p").eq(0).html(); $(".briefbio .contents").html(firstpara); if ($.trim($(".briefbio .contents").text()) == $.trim($(".fullbio > p").text())) { $(".moreless").css("visibility","hidden") } } else if($(".fullbio > br").length) { var firstpara = $(".fullbio").html().split("<br>")[0]; $(".briefbio .contents").html(firstpara); if ($.trim($(".briefbio .contents").text()) == $(".fullbio").html()) { $(".moreless").css("visibility","hidden") } } } $(".toggle-bio a.moreless").click(function(){ $(".fullbio").toggle(); $(".briefbio").toggle(); return false; }); }) jQuery(function($){ }); </script> </body> </html>