Remove Balance Sheet Remove Real Estate Remove Scaling
article thumbnail

Spain Is Now Making Ireland's Mistakes

Harvard Business Review

Just like Ireland, Spain had a credit boom financed mostly with external debt, which meant that the balance sheets of their banks are now stuffed with bad debts as asset values collapse. One of those banks, Anglo-Irish Bank, lent 67 billion euros to the non-financial sector (real estate) in 2007 alone.

article thumbnail

The Data Says Climate Change Could Cost Investors Trillions

Harvard Business Review

These so-called “stranded assets,” sitting on petro-company balance sheets, are essentially worthless. In other words, does it really make sense for a hospitality or real estate company to build a new hotel, apartment, or office complex right on the coast in Miami? And what is the risk of devaluation?

Assets 14
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Enabling the Natural Act of Entrepreneurship

Harvard Business Review

I met him again two months ago: six years later he had scaled up by a factor of ten — all the result of organic growth — and employs over 6000 people. Scale-up means growth, and growth means jobs, wealth, and tax revenues. Unjam the exit if you really want to improve entrance and scale-up. Even better.

article thumbnail

Words vs. Actions: Why Innovation Must Be Central to COP28 Discussions

UVA Darden

Including emissions on the balance sheet would lead to them being more accurately tracked and hopefully reduced throughout the supply chain. She believes it is necessary to catalyze change in real estate development. conference provides an opportunity for country leaders to strategize coordinated action on a global scale.