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Article
The COVID-19 pandemic and family business performance

This study examines the impact of the COVID-19 pandemic on corporate financial performance using a unique, cross-country, and longitudinal sample of 3350 listed firms worldwide. We find that the financial performance of family firms has been significantly higher than that of nonfamily firms during the COVID-19 pandemic, accounting for pre-pandem…

Family Business Performance Management Resilience
Listed among the top 10 most downloaded papers for 2023 in Small business economics: An entrepreneurship journal
By Ivan Miroshnychenko, Giorgio Vocalelli, Alfredo De Massis, Stefano Grassi and Francesco Ravazzolo
in Small Business Economics
10 April 2023, ePub before print, https://doi.org/10.1007/s11187-023-00766-2
The COVID-19 pandemic and family business performance
By Ivan Miroshnychenko Giorgio Vocalelli Alfredo De Massis Stefano Grassi and Francesco Ravazzolo
in Small Business Economics 10 April 2023, ePub before print, https://doi.org/10.1007/s11187-023-00766-2
Summary
This study examines the impact of the COVID-19 pandemic on corporate financial performance using a unique, cross-country, and longitudinal sample of 3350 listed firms worldwide. We find that the financial performance of family firms has been significantly higher than that of nonfamily firms during the COVID-19 pandemic, accounting for pre-pandem…
Listed among the top 10 most downloaded papers for 2023 in Small business economics: An entrepreneurship journal
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Analyzing swings in Bitcoin returns: A comparative study of the LPPL and sentiment-informed random forest models

Forecasting Bitcoin’s returns continues to be a challenging endeavor for both scholars and practitioners. In this paper, we train a random forest model on a variety of features, with the aim of predicting pronounced changes in the returns of Bitcoin. The model that we present in this paper outperforms the baseline model with which we compare it:…

Finance
By José Parra Moyano, Daniel Partida, Moritz Gessl and Somnath Mazumdar
in Digital Finance
1 May 2024, ePub before print, https://doi.org/10.1007/s42521-024-00110-7
Analyzing swings in Bitcoin returns: A comparative study of the LPPL and sentiment-informed random forest models
By José Parra Moyano Daniel Partida Moritz Gessl and Somnath Mazumdar
in Digital Finance 1 May 2024, ePub before print, https://doi.org/10.1007/s42521-024-00110-7
Summary
Forecasting Bitcoin’s returns continues to be a challenging endeavor for both scholars and practitioners. In this paper, we train a random forest model on a variety of features, with the aim of predicting pronounced changes in the returns of Bitcoin. The model that we present in this paper outperforms the baseline model with which we compare it:…
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Article
The lean impact start-up framework: Fueling innovation for positive societal change

How can innovative solutions to address societal grand challenges be cultivated in a pragmatic and impactful way? In this article, we propose the “lean impact start-up” framework, which integrates the principles of the lean start-up methodology with fresh perspectives from new stakeholder theory—and specifically, stakeholder governance. The lean…

Social Innovation Entrepreneurship
By Sophie Bacq and Stephanie Wang
in Journal of Management
5 April 2024, ePub before print, https://doi.org/10.1177/01492063241240713
The lean impact start-up framework: Fueling innovation for positive societal change
By Sophie Bacq and Stephanie Wang
in Journal of Management 5 April 2024, ePub before print, https://doi.org/10.1177/01492063241240713
Summary
How can innovative solutions to address societal grand challenges be cultivated in a pragmatic and impactful way? In this article, we propose the “lean impact start-up” framework, which integrates the principles of the lean start-up methodology with fresh perspectives from new stakeholder theory—and specifically, stakeholder governance. The lean…
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Article
Are software automation and teleworker substitutes? Preliminary evidence from Japan

Digital technology is reshaping workplaces by enabling spatial separation of offices, known as telework, or remote intelligence (RI) and by facilitating automation of service sector tasks via artificial intelligence (AI). This paper is the first attempt to empirically investigate whether AI and RI are complements or substitutes in the service se…

Technology Management Artificial Intelligence
By Richard Baldwin and Toshihiro Okubo
in The World Economy
April 2024, vol. 47, no. 4, pp. 1531-1556, https://doi.org/10.1111/twec.13496
Are software automation and teleworker substitutes? Preliminary evidence from Japan
By Richard Baldwin and Toshihiro Okubo
in The World Economy April 2024, vol. 47, no. 4, pp. 1531-1556, https://doi.org/10.1111/twec.13496
Summary
Digital technology is reshaping workplaces by enabling spatial separation of offices, known as telework, or remote intelligence (RI) and by facilitating automation of service sector tasks via artificial intelligence (AI). This paper is the first attempt to empirically investigate whether AI and RI are complements or substitutes in the service se…
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Article
Parenthood wage gaps in multinational enterprises

While multinational enterprises (MNEs) are widely recognized for providing employment to a significant number of women around the globe, empirical evidence suggests that existing gender inequalities may be aggravated rather than alleviated in their subsidiaries. We build on gender theory to better understand how gender is construed and enacted d…

Diversity and Equity and Inclusion Global Business
By Khadija Van der Straaten, Niccolò Pisani and Ans Kolk
in Journal of International Business Studies
26 March 2024, ePub before print, https://doi.org/10.1057/s41267-024-00691-w
Parenthood wage gaps in multinational enterprises
By Khadija Van der Straaten Niccolò Pisani and Ans Kolk
in Journal of International Business Studies 26 March 2024, ePub before print, https://doi.org/10.1057/s41267-024-00691-w
Summary
While multinational enterprises (MNEs) are widely recognized for providing employment to a significant number of women around the globe, empirical evidence suggests that existing gender inequalities may be aggravated rather than alleviated in their subsidiaries. We build on gender theory to better understand how gender is construed and enacted d…
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Article
Are family firms green?

This study examines environmental management practices of 1690 family and nonfamily firms from 29 countries and 19 industrial sectors over an 8-year period. We show that the family effect on firm environmental management practices ranges substantially, from extremely negative to no effect at all. Moreover, the magnitude of the effect depends on …

Sustainability Family Business
By Ivan Miroshnychenko, Danny Miller, Alfredo De Massis and Isabelle Le Breton-Miller
in Small Business Economics
14 March 2024, ePub before print, https://doi.org/10.1007/s11187-024-00907-1
Are family firms green?
By Ivan Miroshnychenko Danny Miller Alfredo De Massis and Isabelle Le Breton-Miller
in Small Business Economics 14 March 2024, ePub before print, https://doi.org/10.1007/s11187-024-00907-1
Summary
This study examines environmental management practices of 1690 family and nonfamily firms from 29 countries and 19 industrial sectors over an 8-year period. We show that the family effect on firm environmental management practices ranges substantially, from extremely negative to no effect at all. Moreover, the magnitude of the effect depends on …
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Article
The goal and performance heterogeneity of academic spinoffs

We argue that the divergent motivations underlying their creation and goals can contribute to the varying performance of academic spinoffs. Through a quantitative study on a sample of 778 academic spinoffs established by 59 Italian state universities from 2006 to 2015, we show that academic spinoffs established (1) for extrinsic monetary motivat…

Entrepreneurship Performance Management
By Alice Civera, Alfredo De Massis, Michele Meoli and Silvio Vismara
in Technovation
March 2024, vol. 131, 102972, https://doi.org/10.1016/j.technovation.2024.102972
The goal and performance heterogeneity of academic spinoffs
By Alice Civera Alfredo De Massis Michele Meoli and Silvio Vismara
in Technovation March 2024, vol. 131, 102972, https://doi.org/10.1016/j.technovation.2024.102972
Summary
We argue that the divergent motivations underlying their creation and goals can contribute to the varying performance of academic spinoffs. Through a quantitative study on a sample of 778 academic spinoffs established by 59 Italian state universities from 2006 to 2015, we show that academic spinoffs established (1) for extrinsic monetary motivat…
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Book
The future-ready leader: Accelerated learning for business success

If you’re a business leader looking to stay ahead of the curve, this book is an essential guide. It offers a comprehensive overview of the major trends shaping the future of business, drawing on reviews of 70 recent management books and interviews with 21 senior leaders. What sets this book apart is that it’s grounded in the real-world experienc…

Leadership Disruption Change Management Strategy
By Peter Lorange and Karin Mugnaini
Published by Springer, © 2023
The future-ready leader: Accelerated learning for business success
By Peter Lorange and Karin Mugnaini
Published by Springer ©2023
Summary
If you’re a business leader looking to stay ahead of the curve, this book is an essential guide. It offers a comprehensive overview of the major trends shaping the future of business, drawing on reviews of 70 recent management books and interviews with 21 senior leaders. What sets this book apart is that it’s grounded in the real-world experienc…
Copyright ©2023
Copyright owner External Copyright
Available Languages English
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Book
IMD World Competitiveness Yearbook: 2023

Now in its 35th year, the IMD World Competitiveness Yearbook continues to serve as a beacon for governments, businesses, and individuals as they seek to navigate the complex landscape of global competitiveness. Our annual assessment sheds light on the key factors that drive and shape the comparative data, providing valuable insights and benchmar…

Competitiveness Economics Data Analytics
By Arturo Bris, Christos Cabolis, José Caballero and Marco Pistis
Published by International Institute for Management Development, © 2023
IMD World Competitiveness Yearbook: 2023
By Arturo Bris Christos Cabolis José Caballero and Marco Pistis
Published by International Institute for Management Development ©2023
Summary
Now in its 35th year, the IMD World Competitiveness Yearbook continues to serve as a beacon for governments, businesses, and individuals as they seek to navigate the complex landscape of global competitiveness. Our annual assessment sheds light on the key factors that drive and shape the comparative data, providing valuable insights and benchmar…
Copyright ©2023
Copyright owner IMD Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications