The need for impact measurement harmonization is a common refrain among impact investors. However, instituting standards and common frameworks requires an awareness of the constraints under which impact investors operate in their day-to-day work.…Read More
We investigate the impact social movements have on firm-level innovation through private politics. We distinguish between contentious private politics, or contentious targeting of firms by activists, and cooperative private politics, when activists engage firms in formal collaborations.…Read More
Prior research suggests that individuals react negatively when they perceive they are underpaid. Moreover, individuals frequently select pay referents who share their race and gender, suggesting that demographic similarity affects one’s knowledge of pay differences.…Read More
By combining various databases of academic publications and patents of China’s publicly listed firms, we explore the effects of academic publications on firm valuation.…Read More
A significant challenge that online social media platforms such as Facebook and Twitter face today is acting as the custodians of the Internet while at the same time being the center of self-expression and user-generated content.…Read More
We’re proud to announce the publication of a new white paper written by John Paul MacDuffie, Director of the Program on Vehicle and Mobility Innovation, and published by investment firm Engine No. 1. Entitled “Mobility Becomes Electric: The Role of Automotive OEMs in Speeding the Battery Electric Vehicle Future,” the…Read More
This study examines the termination of research alliances by established firms accessing knowledge from smaller research partners. We relax the assumption implicit in the internal tension perspective of alliance termination that signals from a partner are readily processed and acted upon.…Read More
Leverage the power of connectivity to deliver superior, personalized wealth management experiences at scale.…Read More
The price of batteries is a significant predictor of whether electric vehicles will gain mass market acceptance in the near future. …Read More
When digital turbulence is the new normal, vigilant organizations prevail by following three navigation principles. …Read More
Most digital communication platforms store content and allow users to see it multiple times. Despite the benefits that recording content holds for both users and companies, many applications delete it after it was seen by the receiver (i.e., ephemeral communication channels). …Read More
Identifying whether newspaper editors focus on what is newsworthy or what is trendy when choosing stories is important for the design of media regulation. This column shows how the popularity of an article, reflected by online clicks, influences the coverage of the story.…Read More
We empirically show people tend to associate a higher valuation of Bitcoin with a higher Bitcoin exchange rate, and such exchange rate has significant impacts on both the supply and demand of the mining rigs.…Read More
In this paper, we propose combining data from both surrogate and true outcomes to improve decision-making within a late-phase clinical trial.…Read More
A fundamental question remains unanswered which I seek to address in this research: What is the actual value of novelty in pharmaceuticals to consumers?…Read More
We assemble original data on cryptocurrency regulations worldwide and use them to empirically examine movement in trading activity at a number of exchanges following key regulatory announcements. …Read More
This study aims to measure the impact of General Data Protection Regulations on firms and consumers. Specifically, we plan to document GDPR’s impact on consumers search and discovery of products, and firm’s ability to reach out and sell to a broad set of consumers.…Read More
This study examines the extent to which firms that are collaborating with other firms in a particular area of business subsequently change modes of governance and undertake independent activities in the same area of business. …Read More
Transition services agreements (TSAs) are an important tool that companies use to manage the process of separating business units from their former corporate parents in spinoff transactions. …Read More
This paper investigates the cor-porate parenting advantage, the extent to which corporate parents improve the performance of theirsubsidiaries. …Read More
