More and more companies flaunt their policies regarding social or environmental sustainability. However, these same companies may promote policies that contradict their stated CSR objectives through their political actions. Enough is enough, says a group of top researchers arguing for political transparency in a paper that won the California Management Review’s Best Article Award 2019.
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Investing abroad can be a risky business for firms, so many only invest in countries that can safeguard investments through treaties. But some companies do invest in less stable countries without the protection of bilateral treaties. Pierre Dussauge, HEC Professor of Strategy and Business Policy explains how these firms instead use their political influence to get ahead of competitors.
By Pierre Dussauge
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.
By Rodolphe Durand , Luc Paugam , Hervé Stolowy
Five years after its launch as a core course, Ethics and Sustainability is now one of the most successful courses in the HEC MBA program. Through a lively combination of debate, discussion, game playing, and surveys, see how this course leads students to question their own beliefs, gain an understanding of other points of view, and become better decision makers in the process.
By Afshin Mehrpouya
Corporate diversification can be risky and costly, but the results of two researchers' latest study suggest that customer-centered companies may have a key advantage when it comes to such organizational change. Exclusive interview with Assistant Professor John Mawdsley (HEC Paris) on his and Professor Deepak Somaya’s latest research.
By John Mawdsley
In giving large compensation to CEOs, some companies receive criticism in the media, while others escape attention. Recent research shows that the companies under the most scrutiny are often those who engage in activities that media and other stakeholders perceive as contradictory, such as CEO overcompensation and corporate philanthropy.
By Georg Wernicke
We are living in a world of change. Change can take place inside or outside an organization. Change can be sudden and unexpected…
By Nils Plambeck
Human beings are notoriously bad at making rational decisions. Even theoretical models designed to help you find the “right” answer are limited in their applications. A trio of researchers calls for a re-appraisal of decision theory, arguing that basic tools can improve decision-making by challenging underlying assumptions and uncovering psychological biases.
By Itzhak Gilboa , Olivier Sibony
No man ever steps in the same river twice, for it's not the same river and he's not the same man. (Heraclitus) This special online issue of Knowledge@HEC invites you to reflect upon change, and how individuals, firms, institutions, and the broader society deal with it.
By Giada Di Stefano
