Faculty research seminar (FRS)
The faculty research seminar series gives faculty members from ESMT and other international institutions a forum for academic exchange. FRS invites participants in all fields and areas to contribute to the continuing professional development of the faculty. ESMT faculty (internal) and guest speakers (external) present their research findings on a weekly basis, usually on Mondays from 12:00-13:15.
Upcoming FRS speakers
| March 12 | Gerard George (Imperial College London, Innovation and Entrepreneurship) Optimism, vulnerability, and entrepreneurial intent: Occupation change intentions in rural East Africa |
| April 16 | Devanathan Sudharshan (Gatton College of Business and Economics, University of Kentucky, Marketing) |
| April 23 | Daniel Paravisini (Columbia University, Finance and Economics) |
| June 4 | Markus Christen (INSEAD, Marketing) |
| June 18 | Clemens Fuest (University of Oxford, Business Taxation) |
Archive
2012
- Gaston Gelos (IMF - International Monetary Fund)
Country transparency and the transmission of global financial shocks
2011
- Alberto Alesina (Harvard University, Department of Economics)
Family values and the regulation of labor - Amber Anand (Whitman School of Management, Finance)
Market crashes and institutional trading - Ulf Axelson (London School of Economics, Finance)
Wall Street occupations: An equilibrium theory of overpaid jobs - Manel Baucells (Universitat Pompeu Fabra, Department of Economics and Business)
Reference point formation and updating - Anne Beyer (Stanford Graduate School of Business, Financial Accounting)
Voluntary disclosure, manipulation and real effects - Kevin Boudreau (London Business School, Strategy & Entrepreneurship)
“Fit”: Field experimental evidence on sorting, incentives and creative worker performance - JP Eggers (New York University, Leonard N. Stern School of Business, Management and Organizations)
Organizing for strategy making: An information aggregation view - José-Miguel Gaspar (ESSEC Business School, Department of Finance)
Payout policy choices and shareholder investment horizons - Eitan Gerstner (The Technion - Israel Institute of Technology, Marketing)
Are food brands good for our health and wealth - Francesca Gino (Harvard Business School, Organizational Behavior)
Morality rebooted: Exploring simple fixes to our moral bugs - Francisco Gomes (London Business School, Finance)
Quantifying the distortionary fiscal cost of ‘The Bailout’ - Zeynep Gurhan Canli (Koc University, Marketing)
Effect of regulatory focus on selective information processing
- Stylianos (Stelios) Kavadias (Georgia Tech, Technology and Operations Management)
Resource allocation processes for new product development: Empowerment, control...
or both? The value of strategic buckets - Anja Lambrecht (London Business School, Marketing)
Targeting, personalization and the timing of marketing appeals - Lubomir Litov (Eller College of Management, The University of Arizona, Finance)
Do firm boundaries affect financing policy? Evidence from non-financial conglomerates with financial subsidiaries - William Maddux (INSEAD, Organizational Behavior)
A moveable feast: How transformational cross-cultural experiences facilitate creativity - Marcus M. Opp (UC Berkeley, Haas School of Business, Finance)
Cash is King – What the market learns about the target through merger bids (joint with Ulrike Malmendier und Farzad Saidi) - Randall Peterson (London Business School, Organizational Behavior)
Lessons from a decade’s research on managing conflict in teams: and some new directions - Anastasiya Pocheptsova (Robert H. Smith School of Business, University of Maryland,
Marketing)
Lethargic mind: Consuming fat‐rich foods reduces mental agility - Walter (Woody) Powell (Stanford University, Sociology, Organizational Behavior)
Amphibious entrepreneurs and the emergence of new organizational forms - Roni A. Michaely (Cornell University, Finance)
Corporate governance and the timing of earnings announcements - Norman Schürhoff (HEC Lausanne, Finance)
Why ratings matter: Evidence from the Lehman Brothers index rating redefinition - Bernard Sinclair-Desgagné (HEC Montréal, Department of International Business)
Splitting an Uncertain (Natural) Capital - N. Craig Smith (INSEAD, Business Ethics and Corporate Responsibility)
Judgments of stakeholder value: Advancing stakeholder theory through prospect theory - Denis Sosyura (University of Michigan, Finance)
Who writes the news? Corporate press releases during merger negotiations - Stuart M. Turnbull (Bauer College of Business, University of Houston, Department of Finance)
On pricing credit default swaps with observable covariates - Mary Zellmer-Bruhn (Carlson School of Management, University of Minnesota, Strategic Management/Organization)
The lasting imprint of teams: Project teams and intra-organizational network formation - Arvids Ziedonis (University of Oregon, Strategy and Technology, Department of Management)
The geographic reach of market and non-market channels of university research commercialization
2010
- Patrick Bolton (Economics Department, Columbia University)
A Unified Theory of Tobin’s q, Corporate Investment, Financing, and Risk Management - Joseph A. Clougherty (University of Illinois, Urbana-Champaign)
International Standards and International Trade: Empirical Evidence from ISO 9000 Diffusion - Lex Donaldson (School of Organisation and Management, Australian School of Business)
Statistico-Organizational Theory: A New Theoretical Approach to Organizational Design - Uwe Dulleck (Faculty of Business, School of Economics and Finance, Queensland University of Technology)
The Impact of Distributional Preferences on (Experimental) Markets for Expert Services - Andrew Ellul (Kelley School of Business, Indiana University
Stronger Risk Controls, Lower Risk: Evidence from U.S. Bank Holding Companies - Saul Estrin (London School of Economics and Political Science, Department of Management)
Entrepreneurship in the transition economies of Eastern Europe
Institutions and female entrepreneurship
Size matters: entrepreneurial entry and government - Mariassunta Giannetti (Stockholm School of Economics, Finance)
Investors' horizons and the amplification of market shocks - Michael Halling (David Eccles School of Business, University of Utah, Department of Finance)
In search of aggregate jump and volatility risk in the cross-section of stock return - Dietmar Harhoff (Ludwig-Maximilians-Universität München)
Invention Processes and Knowledge Recombination across Technological Boundaries - Robert B.H. Hauswald (Kogod School of Business, American University)
Authority and Information - Ulrich Hege (HEC Paris)
Leverage in Pyramids: When Debt Leads to Higher Dividends - Dominik Heil (Reputation Institute/Wits Business School)
Corporate reputation: Understanding and navigating the reputation economy - Natalia Karelaia (INSEAD)
When Should I Quit? Gender Differences in Exiting Competitions - Shimon Kogan (McCombs School of Business, Finance, University of Texas at Austin)
Information Content of Public Firm Disclosures and the Sarbanes-Oxley Act
Dorothea Kübler (Technische Universität Berlin and Wissenschaftszentrum Berlin für Sozialforschung)
Why Votes Have a Value - Alexander Ljungqvist (Stern School of Business, New York University)
Monitoring managers: Does it matter?
Volker Nocke (Lehrstuhl für Volkswirtschaftslehre, Mikroökonomik, Universität Mannheim)
Merger Policy with Merger Choice - Christopher Olivola (Cognitive, Perceptual and Brain Sciences, University College London)
A Utility-Free Theory of Valuation and Choice Built on Simple Binary Comparisons: Evidence from Two Decision Making Domains - Stefan Reichelstein (ESMT/Graduate School of Business at Stanford University, Accounting)
Carbon Capture by Fossil Fuel Power Plants: An Economic Analysis - Werner J. Reinartz (Department of Retailing and Customer Management, University of Cologne)
- Ulrich Schmidt (Department of Economics, Christian-Albrechts-Universität zu Kiel)
Testing Independence Conditions in the Presence of Errors and Splitting Effects - Sankar Sen (Zicklin School of Business, Baruch College, City University of New York)
You Like What I Like but I Don’t Like What You Like: The Role of Uniqueness Motivations in Self-Other Preferences - Vishal Singh (New York University, Stern School of Business)
Diversity and Participation: An Empirical Investigation of the US Religious Market - Catherine Tucker (MIT Sloan School of Management, Marketing)
1) Privacy regulation and online advertising and 2) Social networks, personalized advertising, and privacy controls - Ulrich Schmidt (Department of Economics, Christian-Albrechts-Universität zu Kiel)
Testing Independence Conditions in the Presence of Errors and Splitting Effects - Patrick Van Cayseele (Faculty of Business and Economics, Katholieke Universiteit Leuven)
Estimating Price-Cost Margins to Evaluate the Impact of Antitrust Policy - Mary Waller (Schulich School of Business, York University (Toronto))
More Than a Feeling: Rapport and Synchrony in Teams - Glenn A. Woroch (Haas Business School, University of California at Berkeley)
Technology Adoption With Endogenous Timing and Payoff Externalities: Laboratory Experiments
2009
- Emma Aisbett (Research School of Social Sciences, The Australian National University)
Foreign Firms: Powerful or Persecuted? - Christa Bouwman (Case Western Reserve University)
Bank Capital, Survival, and Performance around Financial Crises - Murillo Campello (University of Illinois and N.B.E.R.)
Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis - Laurens Debo (Booth School of Business, The University of Chicago)
Stock-Outs and Customer Purchasing Behavior when Product Quality is Uncertain - François Derrien (HEC Paris)
Investor Horizons and Corporate Policies - Ulrich Doraszelski (Department of Economics, Harvard University)
Lumpy Capacity Investment and Disinvestment Dynamics - Daniel Dorn (LeBow College of Business, Drexel University)
Rational Disposition Effects: Theory and Evidence - Michaela Draganska (Graduate School of Business, Stanford University)
A Larger Slice or a Larger Pie? An Empirical Investigation of Bargaining Power in the Distribution Channel - Espen Eckbo (Tuck School of Business, Dartmouth College)
Markup Pricing Revisited - Rüdiger Fahlenbrach (École Polytechnique Fédérale de Lausanne)
Bank CEO Incentives and the Credit Crisis - Bruno Frey (Institut für Empirische Wirtschaftsforschung, Universität Zürich)
Happiness - The View of Economics - Philippe Gagnepain (Universidad Carlos III de Madrid)
Contract Choice, Incentives, and Political Capture in Public Transport Services - Alfonso Gambardella (Università Bocconi)
General Technologies, Product Market Fragmentation, and Markets for Technology: Evidence from the Software Security Industry - Robert Hansen (Tulane University)
Evidence that Analysts are not Information Agents - Marie Hoerova (European Central Bank)
Liquidity Hoarding and Interbank Market Spreads: The Role of Counterparty Risk - John R. Hollenbeck (Eli Broad College of Business, Michigan State University)
The Role of Action and Transition Processes in Large Multiteam Systems: Why Size Matters - Jens Jackwerth (Universität Konstanz)
Improved Portfolio Choice Using Second Order Stochastic Dominance - Margaret Kyle (Toulouse School of Economics)
Investments in Pharmaceuticals Before and After TRIPS - Sumit K. Majumdar (University of Texas at Dallas)
Is Underinvestment a Deterrence Strategy? General Purpose Technology Adoption in a Two Sided Market with Competitor Entry - Eugenio Miravete (University of Texas at Austin)
The Doubtful Profitability of Foggy Pricing - Serguei Netessine (The Wharton School of the University of Pennsylvania)
How to Run a Retail Store: Execution, Execution, Execution - Michael Norton (Harvard Business School)
The Benefits of Prosocial Spending, for Individuals and Organizations - Steven Ongena (European Banking CentER, Tilburg University & CEPR)
The Impact of Economic and Monetary Conditions on Loan Supply: Identifying Firm and Bank Balance-Sheet Channels - Gonçalo Pacheco-de-Almeida (Leonard N. Stern School of Business, New York University)
Speed and Tobin's q - Hayagreeva Rao (Stanford University)
Trouble in Store: Probes, Protests and Store Openings by Wal-Mart; 1998-2005 - Stefan Reichelstein (Stanford University)
Decentralized Capacity Management and Internal Pricing - Fabrizio Salvador (IE Business School & MIT-Zaragoza)
Operational Glitches, Exception Processing Routines, and Delivery Performance: A Contingency-Theoretical View - David Soberman (University of Toronto)
Behavior and Location Based Price Discrimination in a Model with Overlapping Generations of Consumers - Peng Sun (The Fuqua School of Business, Duke University)
Information Relaxation and Duality in Stochastic Dynamic Programs - Marno Verbeek (Erasmus University)
Better than the Original? The Relative Success of Copycat Funds - Vikrant Vig (London Business School)
Securitization and Distressed Loan Renegotiation: Evidence from the Subprime Mortgage Crisis - Ludger Wößmann (Ifo Institut, Universität München)
Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation - Josef Zechner (Vienna University of Economics and Business Administration)
Liquidity and Feasible Debt Relief
2008
- Alberto Alesina (Harvard University)
Gender Based Taxation and the Division of Family Chores - Sudipto Bhattacharya (LSE)
Corporate Venturing, Control, and Intellectual Property Rights - Michael Burda (Humboldt Universität zu Berlin)
Solow Residuals without Capital Stocks - Bruno Cassiman (IESE Business School)
In Search of Performance Effects of (In)direct Industry Science Links - Waverly Ding (Haas School of Business, UC Berkeley)
Divergent Paths or Stepping Stones: A Comparison of Scientists' Advising and Entrepreneurial Activities - Xavier Drèze (The Wharton School, University of Pennsylvania)
Real-Time Evaluation of Email Campaign Performance - Günther Franke (Universität Konstanz)
Information Asymmetries and Securitization Design - Paolo Fulghieri (Kenan-Flagler Business School,University of North Carolina)
Competition, Mergers and Innovation Incentives - Vivek Ghosal (Georgia Tech, School of Economics)
Investments in Modernization, Innovation and Gains in Productivity: Evidence from Firms in the Global Paper Industry - Michal Grajek (ESMT)
Critical Mass - J. Richard Hackman (Harvard University)
Senior Leadership Teams: What It Takes to Make Them Great - Joachim Henkel (Technische Universität München)
The Emergence of Openness: How Firms Discover Free Revealing as a Means to Appropriate Value - Raji Jayaraman (ESMT)
Do School Lunches Get Kids to School? Evidence from an Indian Policy Shock - Christian Leuz (The University of Chicago Booth School of Business)
Voluntary Disclosure and the Cost of Capital: Evidence from Firms’ Responses to the Enron Shock - Ernst Maug (Universität Mannheim)
Bankers on the Boards of German Firms: What they do, what they are worth, and why they are (still) there - Thomas Oberlechner (Webster University, Vienna)
Overconfidence in Currency Markets - Axel Ockenfels (Unversität zu Köln)
eBay: Design and Behavior - Joanne Oxley (Rotman School of Management)
The Determinants of Dispute Resolution Mode in Inter-Firm Contracts - Marco Pagano (University of Naples Federico II - Department of Economics)
Corporate Fraud, Governance and Auditing - Ivan Png (National University of Singapore)
Social Interaction, Information, and Privacy: the "Do Not Call" Registry - Michele Polo (Bocconi University)
Liberalizing the Gas Industry: Take-or-Pay Contracts, Market Segmentation and the Wholesale Market - Manju Puri (Fuqua School of Business, Duke University)
Understanding Bank Runs: The Importance of Depositor-Bank Relationships and Networks - Martin Ruckes (Universität Karlsruhe)
Informed Headquartersand the Allocation of Capital in Multi-Division Firms - Nicolaj Siggelkow (Wharton School, University of Pennsylvania)
Coupled Search Processes: Why is it so difficult to find that organizational design matters?
Sascha Steffen (Stern School of Business, New York University)
Moral Hazard versus Hold-Up - Evidence from UK Syndicated Loans - Günter Strobl (UNC Kenan-Flagler)
Earnings Manipulation and the Cost of Capital - Per Strömberg (Swedish Institute of Financial Research, SIFR)
Leverage and Pricing in Buyouts: An Empirical Analysis - Nader Tavassoli (London Business School)
The Mere Choice and Mere Neglect Effects - Tommaso Valletti (Imperial College Business School)
Testing the "Waterbed" Effect in Mobile Telephony - Joachim Vosgerau (Carnegie Mellon, Tepper School of Business)
Optimism and Pessimism in Subjective Probabilities: How Prevalent is Wishful Thinking?
2007
- Jamie Anderson (ESMT)
Customer Focus in Developing Markets - Guillermo Baquero (ESMT)
Style Investing: Evidence from Hedge Fund Investors - Gregory S. Crawford (University of Arizona)
The Welfare Effects of Endogenous Quality Choice: The Case of Cable Television - Timothy Devinney (Australian Graduate School of Management)
A talk based on three papers: Using Best–Worst Scaling Methodology to Investigate Consumer Ethical Beliefs Across Countries; The Other CSR, and The Importance of Intangible Social Attributes in Individual Purchasing Decisions: A Multi-Country Comparative Study - Klaus Gugler (Universität Wien)
How Effective is European Merger Control? - Florian Heider (European Central Bank-ECB)
The Determinants of Capital Structure: Some Evidence from Banks - Paul Heidhues (Universität Bonn)
Competition and Price Variation when Consumers are Loss Averse - John Howells (Aarhus School of Business)
The Management of Technology and the Political Economy of Technology - Rajshri Jayaraman (ESMT)
Organizational Design, Information Technologies, and Firm Productivity - Svetlana N. Khapova (Vrije University Amsterdam)
The Subjective Career in the Knowledge Economy - Tobias Klein (Tilburg University)
The Actual Structure of eBay’s Feedback Mechanism and Early Evidence on the Effects of Recent Change - Tobias Kretschmer (Ludwig-Maximilians-Universität München)
Competing Technologies in the Database Management Systems Market - Susan Lynch (London Business School)
Organizational Restructuring: Formal Boundaries, Conflicting Identities and Tie Formation - Volker Mahnke (Copenhagen Business School)
How MNC-Headquarter creates Value - Martin K. Perry (Rutgers University)
Preferred Suppliers in Auction Markets - Stefan Reichelstein (Stanford University)
On the Economic Relevance of Historic Cost - Jörg Rocholl (ESMT, formerly UNC Kenan-Flagler Business School)
~Do the Political Connections Affect the Value of Companies?
~Political Connections and the Allocation of Procurement Contracts - Mario Rese (ESMT)
The Influences of Marketing Assets on Shareholder Value - Stanislav Shekshnia (INSEAD)
Founder-CEO Succession: The Russian Paradox - Giancarlo Spagnolo (University of Rome)
Fines, Leniency, Rewards, and Deterrence: Preliminary Evidence from Antitrust Experiments from Antitrust Experiments - Sarah Spiekermann (Humboldt Universität zu Berlin)
Ubiquitous Computing - Vlad Vaiman (FH JOANNEUM, University of Applied Sciences)
Considering the Importance of the Host Country National Local Liaison Role - Simon Wakeman (ESMT)
The Effect of Patent Protection on the Timing of Biotech Alliance Entry - Ulrich Wassmer (John Molson School of Business, Concordia University)
Alliance Portfolios and Their Effect on Firm Value: Evidence from the Global Airline Industry - Luc Wathieu (ESMT)
Ambiguity Aversion and the Power of Established Brands - David Yermack (New York University)
Where Are the Shareholders’ Mansions? CEOs’ Home Purchases, Stock Sales, and Subsequent Company Performance
2006
- Vivek Ghosal (Georgia Tech, Ivan Allen College School of Economics)
Uncovering Dynamic Interrelationships in the Process of Criminal Antitrust Investigation - Michał Grajek (ESMT, formerly Social Science Research Center Berlin-WZB)
Usage and Diffusion of Cellular Telephony, 1998-2004 - Rajshri Jayaraman (ESMT, formerly University of Munich)
The Returns to Computer Use Revisited, Again - Klaus Meyer (The University of Reading Business School)
Global Focusing: From Domestic Conglomerates to Global Specialists - Stefano Puntoni (Erasmus Universiteit Rotterdam)
“Emotional” versus “Emotioneel”: Advertising Language and Emotional Appraisal - Mihkel Tombak (University of Toronto)
Who’s Number One? Production Costs as a Determinant of Quality Rankings
ESMT European School of