ESMT Academic Board
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Professor of Accounting, William H. Lawrence Professor, The Wharton School, University of Pennsylvania
Professor Baiman’s area of research interest is the design of incentive mechanisms within firms and within supply chains. Among the topics which he has studied are the design of: multi-stage capital budgeting systems, internal transfer pricing systems, supply chain monitoring and contracting, and inventory buffers. He has published in: Journal of Accounting Research, Journal of Accounting and Economics, The Accounting Review, The Review of Accounting Studies, Accounting Organizations and Society, and Management Science. Professor Baiman received the Notable Contribution to Management Accounting Literature Award from the American Accounting Association in 2004. He was formerly Managing Editor of The Review of Accounting Studies and has served on the editorial boards of: Journal of Accounting Research, Journal of Accounting and Economics, The Accounting Review, and Accounting Organizations and Society. Full biography
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Nippon Life Professor of Finance; Professor of Economics, The Wharton School, University of Pennsylvania
Professor Allen researches in the areas of corporate finance, asset pricing, and economics of information. Full biography
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Vincent C. Ross Professor of Accounting and the Chair of the Accounting Department, New York University Stern School of Business
Tim Baldenius joined New York University Stern School of Business in 2011 as the Vincent C. Ross Professor of Accounting and the Chair of the Accounting Department. Prior to that, he was a professor at Columbia Business School. He obtained a PhD from the University of Vienna and spent a year as a visiting scholar at the University of California at Berkeley. Tim’s research interests are in managerial accounting — more specifically, the areas of decentralization, incentives, and performance measurement. He has studied capital budgeting and the internal pricing of resources in divisionalized firms. Furthermore, he is interested in corporate governance where his work has been concerned with the board’s dual task of monitoring and advising management. Tim teaches the managerial accounting course in the MBA and Executive MBA programs as well as PhD courses.
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Professor of Finance, London Business School
Francesca Cornelli is Professor of Finance at London Business School. She is the Head of the Finance Department and the Academic Director of the Coller Institute of Private Equity. She also held positions or taught at the Wharton School, the Fuqua School of Business at Duke University, The London School of Economics, the Indian School of Business in Hyderabad and the New Economic School in Moscow. Her interests include corporate governance, private equity, privatization, bankruptcy, IPOs and innovation policy. She has published several papers in the major finance and economics journals and she gives regular talks in major conferences and Universities. She is an associate editor of The Journal of Finance and of The Journal of Financial Intermediation, the editor of Private Equity Findings and a member of the advisory board of The Review of Private Equity. Full biography
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The Roland Berger Chaired Professor in Business and Technology; Founder and Academic Director, Elab@INSEAD
Soumitra Dutta is the Roland Berger Chaired Professor of Business and Technology and the founder and academic director of elab@INSEAD, INSEAD's initiative in building a center of excellence in teaching and research in the digital economy (http://elab.insead.edu). Professor Dutta obtained his PhD in computer science and his MSc in business administration from the University of California at Berkeley. His current research is on technology strategy and innovation at both corporate and national policy levels. He is the creator of the Networked Readiness Framework which provides the intellectual basis for the last nine editions of the Global Information Technology Reports (published by the World Economic Forum) which have become a global reference in national technology policy deployment. Full biography
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Full Professor of Economics at the University of Zurich; Distinguished Professor of Behavioral Science at the Warwick Business School at the University of Warwick, UK; and Research Director of CREMA - Centre for Research in Economics, Management and the Arts, Switzerland
Bruno S. Frey is Full Professor of Economics at the University of Zurich, Distinguished Professor of Behavioral Science at the Warwick Business School at the University of Warwick, UK, and Research Director of CREMA - Centre for Research in Economics, Management and the Arts, Switzerland. He is Managing Editor of Kyklos. Bruno Frey seeks to extend economics beyond standard neo-classics by including insights from other disciplines, including political science, psychology and sociology. Full biography
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Atholl McBean Professor of Organizational Behavior and Human Resources; Morgan Stanley Director of the Center for Leadership Development and Research; Director of the Managing Talent for Strategic Advantage Executive Program; Codirector of the Customer-Focused Innovation Executive Program, Stanford University, Graduate School of Business
Professor Rao has published widely in the fields of management and sociology and studies the social and cultural causes of organizational change. In his research, he studies three sub-processes of organizational change: a) creation of new social structures, b) the transformation of existing social structures, and c) the dissolution of existing social structures. His recent work investigates the role of social movements as motors of organizational change in professional and organizational fields. is research has been published in journals such as the Administrative Science Quarterly, American Journal of Sociology, American Sociological Review, Academy of Management Journal, Organization Science and Strategic Management Journal. He is also the author of "Market Rebels: How Activists Make or Break Radical Innovation", Princeton University Press. 2009. Full biography
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Stefan Reichelstein joined ESMT in September 2010 as a distinguished affiliate professor. His main position is the William R. Timken Professor of Accounting in the Graduate School of Business at Stanford University, Stanford, California, USA. Stefan received his PhD from the Kellogg School of Management at Northwestern University in 1984. Over the past 20 years, he has served on the faculties of the Haas School of Business at UC Berkeley, the University of Vienna in Austria, and the Stanford GSB. His teaching has spanned financial and managerial accounting courses offered to undergraduate, MBA, and doctoral students. Stefan’s research has been supported by government agencies and private foundations; several of his papers have won “Best-Paper” awards. He is known internationally for his research on the interface of management accounting and economics. Full biography
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Russell S. Winer is the William H. Joyce Professor of Marketing and Chair of the Department of Marketing at the Stern School of Business, New York University. He received his BA in Economics from Union College (NY) and his MS and PhD in Industrial Administration from Carnegie Mellon University. Prior to his appointment at New York University, he has been on the faculties of Columbia University, Vanderbilt University, and the University of California at Berkeley. He has been a visiting Professor at MIT, Stanford, the Indian School of Business, Henley Management College of the University of Reading, and a number of other institutions. Professor Winer is the author of over 70 research articles and three books: Analysis for Marketing Planning, Product Management, Marketing Management, and a research monograph, Pricing. He has served two terms as the editor of the Journal of Marketing Research and has served as the co-editor of the Journal of Interactive Marketing and the Review of Marketing Science. He is an Associate Editor for the International Journal of Marketing Research is on the editorial boards of Marketing Science and the Journal of Marketing. Full biography











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