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.
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.
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.
One out of five children in France live below the poverty line, which means a household with two children lives on a collective income of less than 1,700 Euro per month. When poverty strikes, it strikes everywhere, ruthlessly so: higher instances of diabetes related to obesity; sleep deprivation due to threadbare mattresses; lack of relaxing hobbies; noisier, more crowded, low quality housing conditions (or no home at all); academic failure; etc.
The business case study “Prada’s Hong Kong IPO” co-authored by Denis Gromb, Antin I.P. Chair Professor of Finance at HEC Paris, wins 2018 Award by The Case Centre in the Finance, Accounting and Control category and ranks among the best-sellers on the platform for 2017. Find this case and also many more case studies produced at HEC Paris on the official HEC Paris Case Collection.
In a busy business world where everyone wants to increase the performance and productivity of the workforce, we tend to work faster and harder, making ourselves overwhelmed and running after time. A recent study by HEC Paris Professor Giada Di Stefano shows that to stop and think is not a waste of time, and would help us to be 23% more productive.
