HEC in the press

Jeremy Ghez, affiliate professor at HEC Business School in Paris, told CNBC’s Beyond the Valley podcast that a digital tax is a good way to make the market place fairer between tech giants and more traditional, smaller businesses. Despite Trump’s fierce opposition, Ghez added that the U.S. might change its approach to digital taxation in the future.

Germany’s highest court on Tuesday gave the European Central Bank three months to justify bond purchases under its flagship stimulus programme or lose the Bundesbank as a participant, raising questions about the scheme and the euro’s future.

“Tuesday’s ruling must be interpreted as a clear warning by the German court to EU constitutional order to stay within its own boundaries,” said Alberto Alemanno, a professor of EU law at the HEC business school in Paris.

Speaking to CNBC, Gaetano Gaballo, associate professor at HEC Paris, said the “composition is the most important” aspect. “The size (of the Recovery Fund) can be expanded” in the future, he said.

“What is at stake is not just Covid-19 … but also the future of the EU,” Gaballo said over the phone.

What does it mean to be a strategic leader in a time of great uncertainty? For pragmatic answers to these questions, we need look no further than the crisis itself. For we are already seeing many examples of brilliant strategic leadership under uncertainty… and illustrations of its polar opposite, writes HEC Paris strategy professor Olivier Sibony, in an op-ed for Forbes. 

EU law experts are concerned a lack of a coordinated European strategy for lifting lockdown measures will impact on how citizens can travel within and between member countries. Alberto Alemanno, professor of EU law, HEC Paris, says the tenet of free movement is at risk.

In an interview for Handelsblatt, HEC Paris' Associate Dean of the MBA Programme Andrea Masini says that the corona pandemic requires skills such as decision making in times of great uncertainty, agility and strong leadership - the exact skills that the MBA programme teaches. 

"I would say that in a crisis like the one we are experiencing, the MBA is more valuable than ever." - he concludes. 

Investors in private equity should prepare for a significant drop in distributions leading to cash flow shortfalls due to the impact of the coronavirus crisis, according to professor Oliver Gottschalg from HEC Paris.

Gottschalg expects there to be a 65% reduction in distributions, similar to what happened during the global financial crisis, writes Private Equity News. 

Jeremy Ghez, an associate professor of economics and decision sciences at HEC Paris and co-director of the school’s Center for Geopolitics, says he wrote Architects of Change as a “toolbox for managers” in a disruptive, world-changing time. Released in October, the book is a series of essays based on conversations with CEOs, thought leaders, experts, and political leaders, offset every other chapter by business school case studies that Ghez has taught to his MBA students, writes Poets & Quants. 

Will the current heath crisis be a game-changer whose ripple effects will be long-lasting and transformational? Several analysts and politicians dispute this notion. In fact, the temptation to go back to business as usual and to reopen economies remains strong, writes HEC Paris economics and decision sciences professor Jeremy Ghez in an op-ed for Forbes. 

Government measures have come to represent a litmus test designed to measure their control of both territory and people’s mobility, their own competence in guaranteeing their citizens’ health and, ultimately, their respect for democracy. Governments have widely failed all these tests, writes HEC Paris Professor Matteo Winkler in an op-ed for Forbes.