Campbell R. Harvey's

Cases in Emerging Markets Corporate Finance

A collection of 62 cases that deals with important financial issues in the setting of emerging markets. This is the largest repository of emerging markets finance cases in the world. For academic users, there is no fee for using these materials. For corporate and government users as well as multilateratal institutions, please send a donation made out to 'The Fuqua School of Business-FINANCE 663 Student Support Fund (Attn: Campbell R. Harvey)'. The address is 100 Fuqua Drive, Box 90120, Duke University, Durham, NC 27708 USA. These funds are used to support student mailing and travel expenses involved in the writing of the cases.

Cases:2014

Desertec: Powering Europe with the Sahara

Presentation slides
Case document.
Supplementary spreadsheets for case
Proposed solution.
(Email to obtain access)



Hidroaysen

One page note to instructor
Presentation slides
Case document.
Supplementary spreadsheets for case
Proposed solution.
(Email to obtain access)


Melamchi Water Supply Project in Kathmandu

One page note to instructor
Presentation slides
Case document.
Proposed solution.
(Email to obtain access)
Supplementary spreadsheets for case solution
(Email to obtain access)



HSBC - Lone Star - KEB

One page note to instructor
Presentation slides
Case document.
Case exhibits.
Proposed solution.
(Email to obtain access)

Cases:2010


Autopista Central, S.A.

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



Petrobras in Nigeria

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Cases:2006


Mindtree [Proprietary]

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



CECOCAFEN - The Decision to Buy a Dry Processing Mill

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



Privatization of Trepca Mining and Metallurgical Complex

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



Developing the Moatize Coal Mine

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



Poltava Confectionery - Is Ukraine sweet enough? [Proprietary]

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



Suzano Petroquimica

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



The Privatization of Orpheus Tours

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



Hutchison Whampoa Limited and the Phase II Shanghai Deep-water Port Project

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.



Air Deccan

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Cases: 2005

Raymond, India Ltd.

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


The Expansion of the Panama Canal - Proprietary: Not Posted to Internet

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Axesat, S.A.

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


The Tropical Wood Consortium (TWC)

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Supplementary news releases, articles.
Proposed solution. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Bulgartabac

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. [Not currently available] For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. [Not currently available] For instructor. Email to obtain access.
Powerpoint slides. Class presentation deck.


Asiana

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Brunswick: Reynosa, Mexico Boat Manufacturing Plant (Project Cedar)

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Cases: 2004

Company X, S.A., Risks and Rewards: Going to Venezuela

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


BellSouth International and Colombia

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Press coverage. For students.
Proposed solution. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Dalian Water Supply Project

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Proposed solution spreadsheets - supplementary. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


The Maharaja Dilemma: Can Pepsi Thrive in Sri Lanka?

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Cases: 2003

PTT: After the Tom-Yum-Kung Disease (the 1997 Asian Financial Crisis)

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Despegar.com: eStart-up in LATAM

Letter to instructor briefly outline objectives of case (one page) View PDF. For instructor.
Case document. View PDF. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. View PDF. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. View PDF. Class presentation show.


Mexican Road Reprivatization: A new attempt to Attract Private Investment to the Road Network

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Overview presentation.


An Electricity Generation Plant for Cemex

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.
Supplementary information For instructor or students.
Supplementary information What happened.


Shanghai Disneyland

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.
Supplementary references information For instructor or students.


Investing in Air-India

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary exhibits. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.


Acquisition of large forestry planations in South Africa

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Proposed solution spreadsheets. For instructor. Email to obtain access.
Powerpoint slides. Class presentation show.

Cases: 2002

Vehizero, S.A.

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor.
Proposed solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Supplementary information For instructor or student.


Imperial Airlines

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor.
Proposed solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Supplementary information For instructor or student.


Southern Energy's Proposed Acquisition of CEMIG

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
(1) Supplementary spreadsheets for case. For students.
(2) Supplementary spreadsheets for case. For students.
Proposed solution. For instructor.
Powerpoint slides. Class presentation show.


AES Corportation

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor.
Proposed solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.


LogiTech

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor.
Proposed solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Supplementary information For instructor or student.


Duke Energy Vs. Endesa Spain: The 1999 Endesa Chile Face-Off

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document, Part A. For students.
Case document, Part B. For students.
Case document, Exhibit 1. For students.
Case document, Exhibit 2. For students.
Case document, Exhibit 4. For students.
Case document, Exhibit 5. For students.
Case document, Other Exhibits. For students.
Proposed solution. For instructor.
Powerpoint slides. Class presentation show.


Deregulation of Indian Telcoms

Letter to instructor briefly outline objectives of case (one page) For instructor.
Case document. For students.
Supplementary spreadsheets for case. For students.
Proposed solution. For instructor.
Proposed solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Supplementary information For instructor or student.


Cases: 2001

Probil

Case document. For students.
Supplementary spreadsheets for case. For students.
Solution. For instructor.
Solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Short note explaining IPOs. For students.
Note to Professor. For instructor.


Banespa

This case discusses the privatization process for a Brazilian state owned bank, Banespa. Taken from the point of view of a Spanish bank, Banco Santander Central Hispano, the purpose of the case is to determine an appropriate valuation and bid for Banespa.

Case document. For students.
Supplementary spreadsheets for case. For students.
Solution. For instructor.
Solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Note to Professor. For instructor.


Financing Iceland's Power Delivery Infrastructure

Given the EU's move to free energy markets, as well as excess geothermal capacity in Iceland, there may be an attractive project in transporting electricity between these locations via a submarine cable.

Case document. For students.
Supplementary spreadsheets for case. For students.
Solution. For instructor.
Solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Note to Professor. For instructor.


Guyana Timber Industries Limited

A case on financing a start-up sustainable forestry venture in Guyana that explores issues of valuation and attracting investment in a small country with an uncertain political and economic future. Special attention is given to the challenges and opportunities associated with the project's environmental impact. Case document. For students.
Supplementary spreadsheets for case. For students.
Solution. For instructor.
Solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Note to Professor. For instructor.


Viability of Microfinance in Ukraine

Most existing microfinance institutions are non-profit organizations devoted to funding the small enterprises of the agrarian poor in very low GDP countries. This case explores the issues involved with adapting these existing business models for the establishment of a for-profit microfinance lending institution in the more urban and industrialized environment of post-Soviet Ukraine.

Case document. For students.
Detailed bibliography and resources. For students.
Supplementary spreadsheets for case. For students.
Solution. For instructor.
Solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Note to Professor. For instructor.

Tara, Inc.

Tara is a departure from both traditional business models and non-profit organizations. It is an attempt to create a sustainable method of helping one impoverished African nation deal with its financial crisis by founding a company whose profits directly fill the country's needs.

Case document. For students.
Supplementary spreadsheets for case. For students.
Solution. For instructor.
Powerpoint slides. Class presentation show.
Note to Professor. For instructor.


VSAT manufacturing facility (SAT)

This case examines the decision-making process of a satellite manufacturing company as it seeks to establish a VSAT production facility in Brazil, China, or India.

Case document. For students.
Supplementary spreadsheets for case. For students.
Solution. For instructor.
Solution spreadsheets, includes Crystal Ball simulations. For instructor.
Solution spreadsheets. For instructor.
Solution spreadsheets. For instructor.
Solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Note to Professor. For instructor.


Telecominvest

Young private telecommunication company in Russia is in search for additional capital and the right partner.

Case document. For students.
Supplementary spreadsheets for case. For students.
Solution. For instructor.
Solution spreadsheets. For instructor.
Powerpoint slides. Class presentation show.
Note to Professor. For instructor.


Cases: 2000

Chinadotcom

Chinadotcom case document
Powerpoint slides.
Note to Professor
Supplementary spreadsheets.
Solution.
Solution spreadsheets.
Supplementary materials: Investment Bank 1 report.
Supplementary materials: Investment Bank 2a report.
Supplementary materials: Investment Bank 2b report.


Wal-Mart Argentina

Wal-Mart Argentina case document.
Wal-Mart Argentina.
Note to Professor.
Powerpoint slides.
Proposed solution.
Proposed solution exhibits.


Meikles Africa Limited

Meikles Africa Limited case document.
Note to Professor.
Powerpoint slides.
Supplementary spreadsheets for proposed solution.
Proposed solution.


"La Apertura". Bidding for a Venezuelan Oil Field

"La Apertura". Bidding for a Venezuelan Oil Field case document
Powerpoint slides.
Note to Professor (not yet released)
Supplementary spreadsheets.
Solution. (not yet released)


Paint Wars: ICI's Bid to Purchase Asian Paints

Paint Wars: ICI's Bid to Purchase Asian Paints case document
Note to Professor
Powerpoint slides
Supplementary spreadsheets
Supplementary materials
Teaching note


GS Asset Management, Thailand

GS Asset Management, Thailand case document
Powerpoint slides.
Note to Professor
Supplementary spreadsheets.
Solution. (not yet released)


Cases: 1999

Infosys: An IPO of an Indian technology company in the U.S.

Case document
Powerpoint slides.
Note to Professor
Solution.
Supplementary spreadsheets.
Valuation spreadsheets.
Beta calculation spreadsheets.
Value at risk analysis spreadsheets.


Bital (Banco Internacional): Banking during a currency crisis

Case document
Powerpoint slides.
Note to Professor
Solution.
Supplementary spreadsheets.



Telkom South Africa: Telecom acquisition in South Africa

Case document (PDF)
Case document (PDF) as published in Emerging Markets Quarterly
Powerpoint slides.
Note to Professor
Solution.
Solution spreadsheet.
Supplementary spreadsheets.


Embratel: The Privatization of Telebras's Wireless

Case document
Case document exhibits
Powerpoint slides.
Note to Professor
Solution.
Solution spreadsheet.
Supplementary spreadsheets - discounted cash flows.
Supplementary spreadsheets - projected cash flows.


SIDOR: The 1997 privatization of a large Venezuelan steel manufacturer

Case document
Case document exhibits
Powerpoint slides.
Note to Professor
Solution.
Solution spreadsheet.
Supplementary spreadsheets.


Telgua: The Privatization of Telecomunicaciones de Guatemala

Case document
Powerpoint slides.
Solution.


Nakornthon Bank: The Valuation of a Thai Bank after the Asian Crisis

Case document
Powerpoint slides.
Note to Professor (not available, see proposed solution)
Solution.
Solution: cash flow projections.
Solution: scenarios.
Solution spreadsheet: foreign buyer.
Solution spreadsheet: government buyer.
Supplementary spreadsheets.


CVRD

Case document (not available)
Powerpoint slides. (not available)
Note to Professor (not available)
Solution. (not available)

Supplementary spreadsheets. (not available)