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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Research Information & Knowledge Hub for additional information on IMD publications
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 markets where customers tend to purchase baskets of products rather than single products, assortment optimization is a major challenge for retailers. Removing a product from a retailer’s assortment can result in a severe drop in aggregate demand if this product is a complement to other products. Therefore, accounting for the complementarity e…
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Deep learning is increasingly presented in economics as a new paradigm for solving dynamic models, superseding the classical projection methods of numerical economics. We argue that this dichotomy rests on a misclassification. The neural-network solvers emphasized in this literature are least-squares projection methods with an adaptive nonlinear…
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Social networks play a role in exacerbating or ameliorating inequality. The persistence of network-based inequality is well documented. However, the mechanisms that disrupt this unequal access to resources remain poorly understood. This study investigates how structurally disruptive events, such as mergers and acquisitions (M&As), reshape gender…
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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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