Research Seminars

Is Embeddedness Optional? Integrating social capital and real option theories

Speaker: Russell COFF
Emory University

2 May 2007 - From 16:30 to 18:00

Weak ties are thought to mitigate problems of over-embeddedness by providing information-access while minimizing rigid commitments and redundant information that are linked to strong ties. We present two studies of the role of social ties in investment decisions. The first is an experimental study of the effects of strong and weak ties in a real options context. Decision-makers were given an opportunity to continue
funding a project amidst information that it should be dropped. Despite the negative signal, subjects continued to invest heavily in both strong and weak ties treatment conditions. We follow this with a qualitative field study of the venture capital industry. This documents how entrepreneurs and venture capitalists rely heavily on weak ties for initial investments but draw on much stronger ties that develop over time
in making subsequent decisions. Accordingly, while social ties increased the risk of bias, managers consciously relied more heavily on such ties over time - especially as they made exercise decisions. We conclude with a call for research on the dilemmas embeddedness can create as well as solutions that may help firms address these challenges.

TBD

Accounting & Management Control

Speaker: Kalle Kraus
Stockholm School of Economics

14 September 2018 - HEC Paris - Room T004 - From 2:00 pm to 4:00 pm


TBD

Accounting & Management Control

Speaker: Shiva Sivaramakrishnan
Rice University

15 June 2018 - HEC Paris - Room X120 - From 2:00 pm to 4:00 pm


Finance

Speaker: Matthieu Bouvard
Desautels Faculty of Management

14 June 2018 - From 2:00 pm to 3:15 pm


TBD

Accounting & Management Control

Speaker: Xin Wang
Hong Kong University

8 June 2018 - HEC Paris - Room T004 - From 2:00 pm to 4:00 pm


Finance

Speaker: Mikhail Simutin
Rotman School of Management

7 June 2018 - From 2:00 pm to 3:15 pm


Finance

Speaker: Liyan Yang
Rotman School of Management

31 May 2018 - From 2:00 pm to 3:15 pm


TBD

Accounting & Management Control

Speaker: Hendrik Vollmer
University of Leicester

25 May 2018 - HEC Paris - Room T020 - From 2:00 pm to 4:00 pm


Finance

Speaker: Anton Lines
Columbia Business School

24 May 2018 - From 2:00 pm to 3:15 pm


Finance

Speaker: Ian Martin
LSE

17 May 2018 - From 2:00 pm to 3:15 pm


TBD

Accounting & Management Control

Speaker: Martin Giraudeau
LSE/Sci. Po

4 May 2018 - HEC Paris - Room T004 - From 2:00 pm to 4:00 pm



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