Finance
How Bankruptcy Spreads
Economists have long observed the effects of financial contagion, but new research by Efraim Benmelech uses airline industry data to identify a “collateral channel” through which financial woes actually spread. More →
Policy, Politics & Social Enterprise
Public-Private Interface
“Equity Tunneling” Affects Market Outcomes
Vladimir Atanasov, Bernard S. Black, Conrad Ciccotello and Stanley Gyoshev
Bernard Black turns to Bulgaria for evidence that laws limiting “equity tunneling” can improve a firm’s valuation. More →
Public-Private Interface
The Price of Pollution
Ion Bogdan Vasi and Brayden King
Companies are often the target of environmental activism, but do protests and petitions actually do anything? Brayden King delved into news articles and financial statements to find out. More →
Public-Private Interface
Which Government Is Best?
Daron Acemoglu, Georgy Egorov and Konstantin Sonin
Different government styles perform better under different circumstances, according to research by Georgy Egorov More →
Public-Private Interface
Why Are Presidents Less Effective than Prime Ministers?
Daniel Diermeier, Pohan Fong and Razvan Vlaicu
Presidential administrations that “get things done” are hard to come by. Professor Daniel Diermeier uses game theory models to explain why. More →
Marketing
Are Numbers Gendered?
James Wilkie and Galen Bodenhausen
It is not uncommon for numbers to have alternate meanings, but research by Galen Bodenhausen shows the phenomenon extends well beyond superstition. More →
Management & Leadership
The State of Gender and Equality
Alice Eagly has been studying gender issues from a social psychological perspective since the late 1960s. We sat down with her to see what she thought of the current state of the field and what advice she has for companies and managers. More →
Management & Leadership
Breaking Through the Glass Ceiling
David A. Matsa and Amalia R. Miller
For women, it has been a long struggle to reach the executive suite. Research by David Matsa shows that once women make it to the top, they pave the way for those who come later. More →
Management & Leadership
Is There a Female Leadership Style?
David A. Matsa and Amalia R. Miller
As more women make it into leadership positions, what sorts of leaders will they be? David Matsa shows in his research that women have a style that is distinct from men’s. More →
Markets & Customers
Leveling the Playing Field
Nicole Stephens, Stephanie A. Fryberg, Hazel Rose Markus, Camille S. Johnson and Rebecca Covarrubias
First-generation college students have a harder time succeeding in college than most. But improving their chances may require only small changes in the way colleges communicate with students, according to research by Nicole Stephens. More →