The Future of Boards: Meeting the Governance Challenges of the Twenty-First Century

This book, edited by Jay Lorsch, with a chapter by Krishna Palepu,  gathers the leading voices from business and academia to address the challenges of governance in the 21st century. We are at a crucial juncture in the evolution of business and the economy. We must now reshape the structures and practices of business leadership… Read more »


Business Analysis and Valuation: Using Financial Statements

Business Analysis and Valuation:  Using Financial Statements, 5th edition. View on Cengage View on Google Books Co-Authored by Krishna Palepu and Paul Healy (Cengage 2012) Business Analysis and Valuation by Krishna Palepu and Paul Healy is the premier textbook used for teaching business valuation in MBA programs across the world. Business Analysis and Valuation is unique… Read more »


Winning in Emerging Markets: A Road Map for Strategy and Execution

Already cited by the Financial Times,, The Economic Times, WSJ/Mint and several other prominent global business publications, Winning in Emerging Markets is quickly becoming the go-to book for mapping a strategy for entering new markets—and then quickly gaining a competitive edge in those high growth regions.

Advancing the discussion about emerging markets themselves and how organizations can best leverage the potential of these regions, Tarun Khanna and Krishna Palepu – both well respected thinkers on the subject – argue there is more to sizing up these markets than just evaluating data points related to size, population, and growth potential. In fact, they say the possibility to expand a company’s progress in developing economies is to first asses the area’s lack of institutional infrastructure—and then to formulate strategies around what the authors call “institutional voids” to the firm’s advantage. Khanna and Palepu say the primary exploitable characteristic of an emerging market are such voids, and though they create challenges, they also provide major opportunity both for multinationals and local contenders.

Winning in Emerging Markets serves as a playbook for measuring a market’s potential and for crafting a strategy to succeed there.