IESE Insight - Relevant Business Knowledge

Balancing the freedom-security tradeoff during crises and disasters

Date: 01/08/2022 Author(s): Nathan Cheek; Elena Reutskaja; Barry Schwartz Document type: Article in Journal (refereed) During crises and disasters, such as hurricanes, terrorist threats, or pandemics, policymakers must often increase security at the cost of freedom. Psychological science, however, has shown that the restriction of freedom may have strong negative consequences for behavior and health. We suggest that psychology can inform policy both by elucidating ...

Can environmental innovation be a conventional source of higher market valuation?

Date: 01/03/2022 Author(s): Yann Truong; Pascual Berrone Document type: Article in Journal (refereed) We employ the literature on institutional theory and environmental management to argue that environmental innovation as an unconventional source of innovation can lead to financial performance through environmental legitimacy. Using data on environmental innovation (in the form of patents), environmental legitimacy, and market valuation for 191 industrial ...

How and when do prior international experiences lead to global work?

Date: 01/01/2022 Author(s): Eren Akkan; Yih-Teen Lee; Sebastian Reiche Document type: Article in Journal (refereed) While research suggests a link between individuals’ prior international experiences and their future participation in global work, we know little about how and the conditions under which this relationship occurs. Drawing on career motivation theory, we conceptualize global identity as a mediator between individuals’ density of prior international experiences—defined ...

The welfare costs of informationally efficient prices

Date: 01/01/2022 Author(s): M. Koren; Manuel Mueller-Frank Document type: Article in Journal (refereed) Consider a market with two substitute products and a sequence of consumers. The consumers are uncertain about the quality of each product but obtain some private information about it. Additionally, each consumer observes the purchase decisions of her predecessors but not their private information. Absent prices, the standard logic of herding is that ...

The Rise of new technologies in marketing

Date: 01/01/2022 Author(s): D. L. Hoffman; C. P. Moreau; Stefan Stremersch; M. Wedel Document type: Article in Journal (refereed) As a scholarly field, marketing has a long tradition of studying the adoption of new technologies. This attention is certainly warranted, as studies consistently demonstrate that, compared with firms that do not invest heavily in new technology, those that do are more agile and enjoy a strong competitive advantage (IBM Institute for Business Value ...

Authentic Learning through the Case Method in Customized Executive Programs in Latin America

Date: 01/01/2022 Author(s): Roy campos retana; Carlos Rodríguez-Lluesma Document type: Article in Journal (refereed)

Global behaviors, perceptions, and the emergence of social norms at the onset of the COVID-19 pandemic

Date: 01/01/2022 Author(s): L. Hensel; M. Witte; A. S. Caria; T. Fetzer; S. Fiorin; F. M. Götz; Margarita Gómez; J. Haushofer; Andriy Ivchenko; G. Kraft-Todd; Elena Reutskaja; C. Roth; E. Yoeli; J. M. Jachimowicz Document type: Article in Journal (refereed) We conducted a large-scale survey covering 58 countries and over 100,000 respondents between late March and early April 2020 to study beliefs and attitudes towards citizens’ and governments’ responses at the onset of the COVID-19 pandemic. Most respondents reported holding normative beliefs in support of COVID-19 containment measures, as well as high ...

The Geography of fast-fashion retail and COVID-19

Date: 01/01/2022 Author(s): Victor Martínez de Albéniz; Diego Aparicio; Jordi Balsach Document type: Working Paper The economic consequences of the COVID-19 pandemic have been devastating for physical retailers, especially for non-necessities such as fashion. We study three dimensions that affected shopping behavior: lockdown and partial mobility restrictions, the local spread of the pandemic near the store, and travel shocks. Our results indicate a severe and ...

Overcoming Boundaries Between Companies and Business Schools

Date: 01/01/2022 Author(s): Roy Campos Retana; Carlos Rodríguez-Lluesma Document type: Article in Journal (refereed)

Alliance governance mechanisms in the face of disruption

Date: 01/12/2021 Author(s): Arne Keller; Fabrice Lumineau; Thomas Mellewigt; Africa Ariño Document type: Article in Journal (refereed) Existing academic literature has discussed contracts and relational governance as the key mechanisms that help alliance partners address problems of cooperation and coordination. However, when an alliance undergoes disruption, the nature and extent of such problems may change, and so may the value of these mechanisms. This study advances a dynamic ...

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