IMD business school for management and leadership courses
Prior literature establishes a link between family involvement and the firm financial performance. However, the mechanisms through which family involvement in a firm affects its financial performance in different institutional settings are largely unknown. Using an unbalanced panel of 3,322 listed firms from 32 countries over a 9-year period, we…
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Purpose As economies transition towards increasingly formalised, market-driven and capitalistic structures, this study examines why entrepreneurs choose to initiate their businesses informally. Drawing on new institutional economics and the external enablement framework, this research investigates how the interaction between formal governance s…
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Amid rising global mental health challenges among employees and leaders, this research examines how leader mental health disclosure—sharing sensitive information about a mental health condition—shapes followers’ perceptions of the leader and the quality of their relationship. Across two vignette-based experiments involving more than 1500 employe…
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Innovation management is central to the long-run competitiveness and renewal of entrepreneurial families, and prior research has documented how socioemotional wealth preservation, risk preferences, long-term orientation, and idiosyncratic endowments shape their innovative behavior. We welcomed contributions that deepened our understanding of how…
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Mandatory sustainability reporting is reshaping how organizations measure and communicate their impact, and its influence is no longer limited to large corporations. Emerging regulatory frameworks and standardized metrics are expected to trickle down into the world of social entrepreneurship, a field historically grounded in impact-driven values…
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Entrepreneurship is often understood as the pursuit of opportunities or the creation of new ventures, yet these perspectives offer limited insight into how entrepreneurs sustain coherence between imagined futures and feasible action over extended periods of time. Entrepreneurs commit resources and coordinate others around desired futures they be…
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As the IPCC is in its seventh assessment cycle, bridging the gap between physical climate science and economics has become more urgent. Estimating climate damages requires a rigorous translation of physical hazards into economic losses, highlighting the need for better communication between the disciplines.
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In a world where climate action often stalls at the policy level, this book spotlights how leading companies are stepping up to reduce CO₂ emissions and improve public health—through innovation, strategy, and bold leadership. From maritime decarbonization to biodegradable packaging and clean energy breakthroughs, these real-world case studies sh…
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