Research Seminars


Management & Human Resources

Speaker: Tracy Anderson
The Wharton School

30 October 2018 - S211 - From 11:00 am to 12:30 pm

Against all Odds: A Model of Capability Evolution in the EU Telecommunication Industry

Management & Human Resources

Speaker: Luca Pistilli
Bocconi University

22 October 2018 - Creative shorshop room - From 11:30 am to 1:00 pm

Tax Incentive Heterogeneity between Shareholders, Voting Rights Power, and Capital Structure

Accounting & Management Control

Speaker: Paul Pronobis
ESCP Europe Business School

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

Using a sample of public European firms and a multitude of shifts in cross-country taxation data, we examine the influence of individual shareholders’ tax incentives on capital structure. We find that the largest shareholder’s tax incentive for debt positively influences leverage. We also find that the second-largest shareholder’s tax incentive for debt is incrementally relevant for leverage. However, tax incentive heterogeneity between shareholders reduces the positive influence of the largest shareholder’s tax incentive on leverage. Finally, we document that the relevance of the largest shareholder’s tax incentive for capital structure decisions is increasing in the level of voting rights power.

title : TBA

Economics & Decision Sciences

Speaker: Manuel Muller-Franck

18 October 2018

Integrating the Unfolding Process with Self-Regulation in Job Search: The Moderating Role of Core Self-Evaluations

Management & Human Resources

Speaker: Serge da MOTTA VEIGA
Kogod School of Business, American University

16 October 2018 - Bernard Ramanantsoa room - From 10:00 am to 11:30 am


No Laughter among Thieves: Authenticity and the Enforcement of Community Norms in Stand-Up Comedy

Management & Human Resources

Speaker: Patrick REILLY
University of California, Irvine

15 October 2018 - Bernard Ramanantsoa room - From 11:00 am to 12:30 pm

Personal Initiative Training: Theory, Empirical Evidence, and Where to Go

Management & Human Resources

Speaker: Michael FRESE
National University of Singapore, Business School and Leuphana University of Lueneburg, Germany

12 October 2018 - T201 - From 1:30 pm to 3:00 pm


Accounting, Simultaneity and Relative Completeness: The Sales and Operations Planning Forecast and the Enactment of the "Flow of the Product".

Accounting & Management Control

Speaker: Reaven YU
University of Sydney

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

This is a study of the dynamic relations between accounting and an object it enacts. It analyses the construction of a Sales and Operations Planning (S&OP) forecast which is involved in attempts to coordinate laterally interdependent production and sales processes (a ‘flow of the product’) which ‘strike back’ and challenge accounting’s inscriptions hereof. This is important because much literature on accounting’s precariousness focuses primarily on how managers read, talk and make sense of accounting when realities it re-presents are absent. This paper analyses accounting when its development and role is an effect of a dynamic interaction with the ‘flow of the product’ which continually reveals new subsistence to be taken into account by accounting. The analysis finds that not only accounting but also the subsistence of the ’flow of the product’ have histories which meet and develop new accountings at so-called crossing points. The study makes two contributions. Firstly, it shows that when realities are ontologically multiple, such as the ‘flow of the product,’ accounting proliferates but neither substitutes a previous one nor competes with other ones; accounting accumulates and become multiple. Therefore, many accountings co-exist in a temporality of simultaneity rather than in one of succession. Here, accountings inscribe the many different time-spaces that proliferate because of the requirement of adaptation to many others with different time-space horizons due to the principle of lateral coordination. Secondly, the study proposes relative completeness as a complementary mechanism to that of incompleteness and instability. Relative completeness here refers to a situation where accounting co-exists with the subsistence of reality that it develops into a decision opportunity. Accounting exists side by side of the subsistence that it makes visible in planning terms. Absences are performative under relative completeness because they have been discovered, inscribed, delegated and topologised along with accounting. Accounting and subsistence are both part of the realities enacted as the ‘flow of the product.’



Speaker: Michael Hasler

11 October 2018 - T104 - From 2:00 pm to 3:15 pm


Under some realistic condition, the conditional risk premium of an asset is equal to its conditional market beta times the conditional risk premium of the market (Merton, 1972). We empirically test this CAPM relationship using beta-sorted portfolios, size-and-book-to-market sorted portfolios, and industry portfolios. We show that regressing an asset excess return onto the product of its conditional beta and the market excess return yields an R2 of about 80%, an intercept of zero, and a slope of one. These results provide strong evidence that a single factor explains both the level and the variation in the cross-section of returns.

The Visual Judgment of Performance

Management & Human Resources

Speaker: Chia-Jung TSAY
UCL School of Management

5 October 2018 - Bernard Ramanantsoa room - From 10:00 am to 11:30 am

Social judgments and impressions are often made on the basis of minimal information. In the domain of music, people consistently report that the most important source of information in evaluating performance is sound; nonetheless, a first set of experiments demonstrated that people actually rely on visual information when making judgments about music performance. These findings were extended through additional sets of studies elaborating on the generalizability and persistence of these effects, such as in the judgment of entrepreneurial pitch competitions, analyst forecasts of firm performance, and in service operations in the food industry. Works in progress discuss the role of expertise in decision making and implications for organizational performance.