A 4 x 4 Matrix: What Went Into it and How it Made International Development as we Know it?
Most international development agencies and non-governmental organizations (NGOs) have some experience planning and evaluating projects using the Logical Framework matrix. Professors of Accounting Daniel Martinez (HEC Paris) and David Cooper (University of Alberta) traced the managerial traditions that informed this visual instrument and the implications this has for international development.
Digitalization and Talent Attraction at the Big 4
HEC Paris Professor Hélène Löning shares insights on disruption in the way the four well-known auditing and consulting firms, or "Big 4", perform auditing, recruit and manage careers. In her view, the Big 4 and other consulting firms will have to take account of the new generations's expectations to find the skills and talents needed to add value and bring solutions to their clients.
Clinical Trial Transparency is Good for Public Health... and for Investors
When it comes to life-saving – but also potentially risky – drugs, there is no such thing as too much information. Increasing transparency about clinical trials benefits public health, as a study of US regulation in the pharmaceutical sector shows. The three researchers behind this innovative study argue that transparency and public scrutiny also bring benefits to the investors of pharmaceutical companies.
Can we Trust Credit Rating Agencies to Detect Accounting Fraud?
Do credit rating agencies detect accounting fraud? Pepa Kraft of HEC Paris, with Allen Huang and Shiheng Wang of Hong Kong University of Science and Technology share their research findings to actually understand the role of credit rating agencies in detecting fraud.
Why Former Soldiers Could Make More Trustworthy CEOs
Damaging cases of financial fraud often directly involve company CEOs. Are CEOs with a past in the military less likely to commit fraud? Or are they just better at not getting caught red-handed? New research by Georg Wernicke (HEC Paris) and Irmela Fritzi Koch-Bayram (University of Mannheim) sheds light on that question.
Auditors Offering both CSR Assurance and Financial Auditing to their Clients Could be Best Option for Firms
With shareholders and stakeholders becoming more and more concerned with firms’ corporate social responsibility (CSR), audit firms now provide CSR assurance services for sustainability reports. As such, firms wonder whether it is more beneficial to use a financial audit firm that also provides CSR assurance, or to hire a different CSR assurance provider than the financial auditor. Researchers explain why the first option is the best option for firms.
cascad: A new certifying organization to help double-check scientific results
While scientific findings need to be assessed by peers and journal referees, the confidentiality of original data often makes the process arduous. An accredited organization launched by Christophe Pérignon (HEC Paris) and colleagues with access to the original research data can now ensure reproducibility of results. This not only promises huge gains in time and effort for researchers but will also shore up trust in scientific results.
The Rise of Rankings in Global Governance: How Can They Change the Regulation of Large Corporations?
Ratings and rankings have become powerful tools in global governance, frequently used to motivate companies to be good corporate citizens. A wide range of environmental and social matters such as access to medicine, climate change, obesity and working conditions increasingly transcend national borders and escape the reach of national regulators. For such issues, who should set the rules about the responsibilities of corporations? How can corporations that are by definition designed to generate profit, be guided towards making decisions that benefit society as a whole? Afshin Mehrpouya and Rita Samiolo explore the process behind the production of these rankings.
Sustainability Indices: Do Investors Actually Care?
In the face of social, environmental, and financial disruptions, more attention is being paid to corporate social responsibility (CSR) policies, and sustainability benchmarks have multiplied. But does a firm's listing in a CSR index really matter to investors? HEC researchers investigated how important inclusion in the leading global CSR benchmark, the Dow Jones Sustainability Index (DJSI) World, is to investors.