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.
The labor market is strongly polarized. What consequences on the society? Based on their latest research, professors of Economics Tomasz Michaslki and Eric Mengus explain this "Great Divergence", and give insights on how to find new ways to create added value, both in bigger and smaller cities.
By Tomasz Kamil Michalski , Eric Mengus
Legal Data Mining Conference gathered professionals and academics from the technology, Artificial Intelligence and Law fields to discuss the future of Law. The two-day workshop focused on both the fundamental and practical issues of legal data mining. The event was organized by David Restrepo Amariles (Assistant Professor of Law at HEC Paris) and Ken Satoh (Professor at the National Institute of Informatics of Japan) in March 2019 at the Barreau de Paris.
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.
Based on his recent research and work for the EU Commission, "Unlocking Privately-Held Data to Create Public Value", Alberto Alemanno, Professor of European Union Law and Regulation at HEC Paris, discusses the concept of "Data for Good", whereby private data such as those collected by social media, telecoms and banks, can be shared with public authorities so as to save lives, such as in natural disasters, and improve them through better designed and more effective policies.
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.
By Afshin Mehrpouya
Major advances in complex technologies require the cooperation of a broad range of parties – a whole business ecosystem. Professors Sihem Ben Mahmoud-Jouini (HEC Paris) and Florence Charue-Duboc (Ecole Polytechnique Paris) studied the case of the nascent hydrogen energy ecosystem to investigate how experimentation contribute to the emergence and consolidation of the ecosystem itself, and the characteristics of such experimentation.
By Sihem Ben Mahmoud-Jouini , Florence Charue-Duboc
Denis Gromb is the Antin I.P. Chair Professor of Finance at HEC Paris. In this short video, he answers four questions, explaining his key findings about the consequences of the use of "collateral" on companies and society.
By Denis Gromb
In our recent research published in the Journal of Financial Economics, we analyze price formation in a context in which dealers repeatedly compete for the opportunity to trade with retail traders. We characterize equilibria in which dealers’ pricing strategies are optimal irrespective of the private information that each dealer may possess. We propose a robust model that predicts how the dealers share information and equilibrate the trade.
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
