2019 Spotlight on Research

SPOTLIGHT ON

Schulich School of Business I 2019

RESEARCH Schulich Research Day 2019

Understanding Emerging Economies

Big Data and Society: Opportunites and Challenges

Business History: Looking Back to Chart a Path Forward

Schulich Receives Two New Prestigious Research Chairs SEE PAGES 31 & 34

Schulich faculty members continue to demonstrate leadership in various fields of

CONTENTS

management research and have increased international visibility and relevance to audiences within and outside academia. Our researchers are also at the forefront of demonstrating expertise in emerging and new fields of business.

3 Dean’s Message 5 Welcome Message

Features 8 Schulich Celebrates its Biennial Research Day 12 Understanding Emerging Economies: Customers, Institutions, and Organizations 20 Big Data and Society: Opportunities and Challenges of the Big Data Revolution 26 Business History: Looking Back to Chart a Path Forward

Faculty News & Research 31 Manus (Johnny) Rungtusanatham Appointed Canada Research Chair in Supply Chain Management 34 Brent Lyons Appointed York Research Chair in Stigmatization and Social Identity 37 Schulich Corporate Social Responsibility Chair Dirk Matten Receives Prestigious Award 39 Schulich Faculty Honoured by the Academy of International Business 41 Retirement Investing for a Biological Age 4 3 New Schulich Faculty 4 6 New Full Professors 47 Endowed Chairs and Professorships at Schulich 49 Newly Funded Research Projects 5 4 Schulich Research Fellowship Recipients

Media, Books & Journals 58 Media Mentions 61 Books 63 Book Chapters 65 Journal Articles 72 PhD Academic Activities: Publications and Awards

Spotlight on Research 2019 1

SCHULICH’S FACULTY ARE INNOVATIVE WORLD-CLASS SCHOLARS CONDUCTING RESEARCH IN A RANGE OF BUSINESS FIELDS

Dean’s Message

Great schools have robust and highly relevant research cultures – and this is what we are striving to cultivate here at Schulich.

It’s been a long process, but we’ve made significant strides over the past decade.

I am proud of the fact that today, one third of all full-time tenured or tenure-stream faculty positions at Schulich are research Chairs or Professorships.

The results of our ongoing efforts speak for themselves. Schulich’s faculty are among the most innovative scholars in the world, conducting breakthrough research in a wide range of business fields. Their work has been recognized externally through editorial appointments to top journals, through the receipt of record amounts of research grants, and through numerous research awards.

In the last decade alone, members of Schulich’s faculty have published more than 120 books, over 300 book chapters and close to 1,500 journal articles – many of these in top-tier academic journals – and have garnered over 170 research awards in the process. Some of the more current and outstanding examples of that research are featured inside this edition of Spotlight on Research.

In the field of Responsible Business, Schulich remains a world leader.

According to the most recent Corporate Knights global responsible business

2 Schulich School of Business

ranking, Schulich placed 1st in the world in Faculty Research Citations and 2nd in the world in the Faculty Research Articles categories.

But the most significant research-related development this year has been the official opening of the spectacular new Rob and Cheryl McEwen Graduate Study & Research Building in January 2019.

Our new Graduate Study & Research Building will help us pursue our vision of becoming one of the world’s top management research schools.

The building will house Schulich’s Centres of Research Excellence, including the Centre of Excellence for Responsible Business, the Centre for Global Enterprise, the Brookfield Centre in Real Estate and Infrastructure, as well as the newly established Centre of Excellence in Business Analytics and Artificial Intelligence, and the newest Centre of Excellence, the Centre for Customer Centricity. These Centres ensure that

much of the research work being carried out at our School will revolve around issues and challenges in some of the new and emerging industries and sectors of the future that are reshaping our world.

Schulich’s new research building is another major milestone along our road to research excellence and its contribution to fostering research will be felt for many years to come. Most importantly, though, we are creating a culture and a climate at Schulich where new and innovative research is encouraged and celebrated; one that attracts leading scholars from around the globe and elevates the level of learning in the classroom. *

D E Z S Ö J . H O R VÁT H , P H D, C M Dean & Tanna H. Schulich Chair in Strategic Management Schulich School of Business, York University

Spotlight on Research 2019 3

Welcome Message

The Research Office at the Schulich School of Business proudly presents the 2019 Spotlight on Research Report.

We can say, without a doubt, that the last academic year was one of the most productive and successful years in the School’s research history. As you peruse this edition of the report, we hope you will be captivated by the many individual and collective achievements on the part of our faculty members and doctoral students, as well as the many notable activities that took place.

To start off the year, we held the official opening of our new Rob and Cheryl McEwen Graduate Study & Research Building. This world-class facility allows us to strengthen and build upon our academically rigorous research activities while creating a dynamic learning environment for our graduate students.

With that said, in March 2019, we took advantage of the new facility and hosted the School’s 4th biennial Research Day in the brilliant and naturally illuminated Mamdouh Shoukri Atrium. Also, for the first time ever, the event featured two poster galleries displaying top-calibre research, one led by faculty members

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and one led by PhD students. We were delighted that so many members of the Schulich community and guests shared in this celebration of research excellence.

The energy and liveliness from the event were evident and certainly brought life to the new building.

In addition, this year’s report highlights some record-breaking achievements.

One feat in particular that our office takes great pride in, is the funding our researchers receive from the Social Sciences and Humanities Research Council (SSHRC). In total, eighty-six percent of our applications were successful across

all competitions. This is more than double the national average and is evidence that Schulich is making great strides in management research. Other key highlights and recognition of our faculty members’ work include a steady increase in the number of books and articles published in top-tier journals, the number of honours received, and the number of editorial appointments in leading journals across a wide range of disciplines.

Our faculty members are at the forefront of their fields and are increasingly being recognized for their long-term impacts and contributions to management

Spotlight on Research 2019 5

A Welcome Message from the Schulich Research Office (cont’d)

“ O ur faculty are looking at topics and issues that affect everyday lives across the globe,

FEATURES

such as poverty reductions, the housing market, consumer products, perceptions of money, workplace practices, and sustainable business practices, to name a few.”

PREET S. AULAKH Associate Dean, Research

knowledge. During the last year, the School’s faculty members received several highly-coveted awards, including the Academy of Management Review’s “Paper of the Decade” award, and the Academy of International Business award for exceptional contribution to the Journal of International Business Studies (JIBS).

Schulich also received two new prestigious research chairs – the Canada Research Chair and the York Research Chair, both of which are allocated to the best researchers in their fields and based on the highest standards of research excellence.

Increasingly, Schulich faculty have also been at the forefront in providing thought leadership. We have demonstrated research expertise in traditional management disciplines, as well as in interdisciplinary fields such as corporate social responsibility, entrepreneurship and international business, and in new and emerging fields such as business analytics

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and artificial intelligence. The research being undertaken is innovative and groundbreaking as our faculty members are fearless in tackling controversial issues or challenging conventional wisdom.

One of Schulich’s trademark attributes has always been real-world relevance, and this concept is intertwined in many faculty members’ research programs. We are seeing more active participation at practitioner events, increased involvement with governmental policy-making, and a continuous stream of knowledge exchange with the business community at large.

Our faculty are looking at topics and issues that affect everyday lives across the globe, such as poverty reductions, the housing market, consumer products, perceptions of money, workplace practices, and sustainable business practices, to name a few.

We are also very proud of our PhD students for their accomplishments.

Not only are they active participants

and presenters at top conferences, but they are showing great potential in their early careers via research publications and “best paper” awards.

We wish them the best of luck in their future academic placements.

Speaking of the future, Schulich’s research outlook is very promising.

The Research Office has many new and exciting initiatives underway to enhance the School’s research culture.

We are currently revitalizing our research website, reinvigorating our seminar series line-up to highlight more interdisciplinary research, and, for next year, we are planning to host the Ontario Organizational Behavior Research (OOBR) conference. We hope you enjoy reading this edition of Spotlight on Research, and please feel free to email us at research@schulich.yorku.ca if you have any feedback or are interested in working with the Schulich Research Office. *

P R E E T S . AU L A K H

J OA N N E P E R E I R A

Associate Dean, Research

Research Officer

Spotlight on Research 2019 7

SCHULICH CELEBRATES ITS BIENNIAL RESEARCH DAY CUTTING-EDGE RESEARCH FOR TODAY’S BUSINESS LEADERS

Schulich celebrated its fourth Research Day on March 28, 2019, in the newly inaugurated Rob and Cheryl McEwen Graduate Study & Research Building. Alumni, faculty, students and staff across the University attended the event to celebrate the top-calibre research of the School’s faculty and doctoral students.

30+ Over 30 posters displaying research led by Schulich faculty members and doctoral students.

Research Day 2019 commenced in the morning with an “Editors Panel” organized by Schulich’s Centre of Excellence in Responsible Business, featuring four distinguished researchers: Robert Phillips, George R. Gardiner Professor in Business Ethics; Dirk Matten, Hewlett-Packard Chair in Corporate Social Responsibility; Marcia Annisette, Professor of Accounting; and Geoffrey Kistruck, Ron Binns Chair in Entrepreneurship.

The panelists reflected on their roles as mentors and editors in their respective fields. In particular, they shared their experiences serving as gatekeepers for

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the journals that they edit, which quite often leads to them being the bearers of bad news when articles did not meet the selection criteria. PhD students attending the event had many take-away points relating to the best practices about the journal article submission process.

In the afternoon, guests listened to the panel discussion, Moving Beyond Pure Profit Maximization: Navigating the Human Side of Business, moderated by Kam Phung, a Schulich PhD Candidate in Organization Studies. Speakers included Ela Veresiu, Assistant Professor of Marketing; Adam Diamant, Assistant

Spotlight on Research 2019 9

Schulich Celebrates it’s Biennial Research Day (cont’d)

“ Schulich’s faculty have been producing world-class research for many years now. Our faculty members are at the forefront of their fields and are increasingly being recognized for their long-term

DEAN’S RESEARCH IMPACT AWARDS PRESENTED AT SCHULICH’S RESEARCH DAY

impact and contributions to management knowledge.”

DEZSÖ J. HOR VÁTH Dean & Tanna H. Schulich Chair in Strategic Management

Professor of Operations Management and Information Systems; Brent Lyons, Assistant Professor of Organization Studies; and Mariam Humayun, a Schulich PhD Candidate in Marketing.

The discussion focused on how the process of data collection and analysis in businesses can sometimes overlook or misrepresent certain human characteristics; and ended with a lively exchange with members of the audience regarding the merits and limitations of quantitative data versus qualitative data.

The Research Day celebration also offered a fascinating tour showcasing

cutting-edge research with real-world implications for today’s business leaders.

This year’s gallery featured 36 posters, well representing all of Schulich’s areas of expertise, covering a wide range of topics in both traditional and emerging fields.

Researchers were on hand to elaborate on their poster presentations and engage with audience members. This year also marked the first time that PhD candidates had a separate category of posters featuring their own doctoral research, with a total of 15 on display. Guests were able to vote for the Best Poster Award for both Faculty and PhD posters. Gulay Taltekin Guzel, a Schulich PhD candidate

in Marketing, won the award in the PhD category for her poster, “When a House Can’t Be Your Home: How Markets Manage Supply Scarcity,” while Grant Packard, Associate Professor of Marketing, won the award in the Faculty category for his poster, “How Language Shapes Cultural Success.”

“Schulich’s faculty have been producing world-class research for many years now,” said Dean Horváth. “Our faculty members are at the forefront of their fields and are increasingly being recognized for their long-term impact and contributions to management knowledge.” *

Dean Dezsö J. Horváth recognized Schulich faculty members who have demonstrated excellence in research with the Dean’s Research Impact awards. Dirk Matten, HewlettPackard Chair in Corporate Social Responsibility, was presented with the Lifetime Achievement Award and Theodore Noseworthy, Canada Research Chair in Entrepreneurial Innovation and the Public Good, and Scientific Director of the NOESIS Lab, was presented with the Emerging Leader Award.

Dirk Matten Dirk Matten has taught and conducted research at academic institutions in over a dozen countries, and has published numerous books and edited volumes.

As well, he has published more than 90 articles and book chapters that have won numerous prestigious awards.

His work has appeared in top-tier international journals including Academy of Management Review, California Management Review, Human Relations, Journal of Management Studies, and Organization Studies.

Professor Matten was the only academic selected for Asset Compliance’s “Top 100 Corporate Social Responsibility Influence

Leader” list in 2018, ranking next to CEOs and leaders of Google, Apple and Unilever. The recipients were selected for embodying corporate social responsibility (CSR), and using their influence to help others establish or improve their CSR programs.

In 2018 Matten also received the highly prestigious Academy of Management Review “Paper of the Decade” award for his paper, “’Implicit’ and ‘Explicit’ CSR: A Conceptual Framework for a Comparative Understanding of Corporate Social Responsibility”, co-authored with Jeremy Moon (Copenhagen Business School). Published in April 2008, within a decade the paper received more than 3,500 citations (Google Scholar) in books and articles around the world.

Theodore Noseworthy

As the Canada Research Chair in Entrepreneurial Innovation and the Public Good, his goal is to develop insights that inform business and policy makers about the benefits of properly communicated innovation and the potential costs to susceptible consumers and society. With funding from the Canadian Foundation for Innovation, he has developed the NOESIS Lab to conduct further high quality research, train personnel, and facilitate knowledge mobilization.

Theodore Noseworthy, within only seven years of earning his doctorate degree, already has 19 publications in the Financial Times 50 rated journals to his credit, and is the third most published author within the last five years in one of them, the Journal of Consumer Psychology. His research explores how people make sense of new innovative products and how marketers can better facilitate adoption. He is also interested

In 2017, Professor Noseworthy became the first Schulich faculty member to receive the Early Researcher Award (ERA) from Ontario’s Ministry of Research and Innovation. The ERA enabled him to build on his innovative research exploring the real-world impact of how dressed-up junk food can hinder peoples’ ability to self-regulate consumption, leading to over-consumption.

Dirk Matten, recipient of the Lifetime Achievement Award

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in product categorization, category ambiguity and visual processing. In 2012, he was appointed Scientific Director of the NOESIS: Innovation, Design, and Consumption Laboratory, a scientific lab specifically developed to explore the psychological and behavioural consequences of innovative goods and services.

Theodore Noseworthy, recipient of the Emerging Leader Award

Spotlight on Research 2019 11

UNDERSTANDING EMERGING ECONOMIES CUSTOMERS, INSTITUTIONS, AND ORGANIZATIONS

Emerging economies account for almost two-thirds of the world’s GDP growth and more than half of new consumption over the past 15 years, according to the McKinsey Global Institute in its September 2018 report. In its April 2019 World Economic Outlook Report, the International Monetary Fund (IMF) states that emerging economies now represent approximately 60 percent of global GDP. The growing weight of emerging economies in the world economy and global trade has necessitated a rethinking of business models and strategies given the diverse development paths and institutions in these countries. At Schulich, faculty members from all disciplines are carrying out groundbreaking research on understanding emerging economies and developing appropriate frameworks and tools for management practice and education. The following are some examples of the research taking place at Schulich.

FINDING SOLUTIONS FOR THE ECONOMICALLY MARGINALIZED

Geoffrey Kistruck, the Ron Binns Chair in Entrepreneurship, is carrying out research focused on market-based solutions to poverty alleviation.

Using an action-oriented approach, Professor Kistruck is partnering with local organizations in emerging economies by designing and testing potential solutions to foster increased entrepreneurship.

G EO F F R EY K I ST R U C K Ron Binns Chair in Entrepreneurship

12 Schulich Schulich School School of of Business Business 12

One recent example of his work involves partnering with a non-governmental organization (NGO) in Northern Ghana.

The NGO’s objective was to engage local women in new income-generating activities such as soap-making, basket weaving, and honey production. To garner sufficient economies of scale, these local women were placed into cooperative groups. However, the NGO realized that these cooperatives were suffering from a significant amount of conflict amongst its members. To help address this issue,

Professor Kistruck and his team designed a new type of administrative structure – one that was flat rather than hierarchical.

“Having this sort of equal distribution of power within an organization was quite uncommon within Ghana, where authoritative structures are deeply entrenched,” says Professor Kistruck.

Subsequently, 60 newly formed groups were randomly assigned to either the new flat structure or the more traditional hierarchical structure.

Study results showed that the flat structure produced much lower levels of conflict compared to the hierarchical structure. According to Professor Kistruck, the flat structure proved superior “primarily because it generated a stronger sense of collective psychological ownership that encouraged a ‘we’ mentality rather than a ‘me’ mentality”.

Spotlight on Research 2019 13

Understanding Emerging Economies: Customers, Institutions, and Organizations (cont’d)

C A M E R O N GR AH A M Professor of Accounting

Entrepreneurial Cooperatives at Work

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Another example of a recently completed project currently under review involves an NGO in rural Sri Lanka. According to Professor Kistruck, a lot of the small-scale economic activity taking place within emerging economies such as Sri Lanka involves “a large number of individuals essentially copycatting each other’s businesses”. As a result, the objective of this particular Sri Lankan NGO was to help train entrepreneurs to be more innovative and varied in the type of business endeavours they carried out.

To help facilitate this, Professor Kistruck and his team designed two types of innovation training programs: a ‘frame shifting’ approach that contrasts the behaviour of typical entrepreneurs with that of highly successful and innovative entrepreneurs in Sri Lanka; and a ‘frame bridging’ approach that drew parallels between the types of everyday innovative behaviours that individuals practice in other aspects of their life (e.g., cooking, gardening, etc.) and how these everyday behaviours

could be applied to their own business activities. More than 300 participants were trained using the two approaches and results suggest that the ‘frame bridging’ approach was more successful in encouraging entrepreneurs to experiment with changes to their businesses.

Sri Lanka was also the location for research carried out by Cameron Graham, Professor of Accounting, who co-authored a paper in the journal Accounting, Organizations and Society.

The article focused on how basic accounting technologies and interpersonal accountability are used to help make lending to poor Sri Lankan small business owners profitable and low-risk – a process he and his fellow researchers describe as “microaccountability”. Says Professor Graham: “Microaccountability enables the extension of the finance industry into untapped sectors of the global population.”

R U SSEL L B EL K Professor of Marketing and Kraft Foods Canada Chair in Marketing

Focusing on India, Russell Belk, the Kraft Foods Canada Chair in Marketing, is actively engaged in multiple projects with international collaborators. He has published work with a former Schulich doctoral student, Arundhati Bhattacharyya, on the non-financial difficulties of the poor in India in adopting technology due to their subservient position in society. The research is featured in the book Cultural Change from a Business Anthropology Perspective. Professor Belk explored similar themes in a paper co-authored with Tanuka Ghoshal, published in the Journal of Marketing Management, which examines the plight of poor

women in patriarchal India, and a paper co-authored with Annamma Joy and Rishi Bhardwaj that focuses on violence toward women in India. Extending these lines of enquiry, Professor Belk is working with a group of scholars from the Indian School of Business to understand factors leading Indian tribals to choose packaged and marketed food products over healthier indigenous produce, and with researchers from the Indian Institute of Management Calcutta to probe the impact of domestic and international migration of the poor in India on their economic well-being and social structures.

Empowering Women

Spotlight on Research 2019 15

Understanding Emerging Economies: Customers, Institutions, and Organizations (cont’d)

UNDERSTANDING INSTITUTIONS AND MARKETS

AV I S D EV IN E Associate Professor of Real Estate and Infrastructure

Avis Devine, Associate Professor of Real Estate and Infrastructure, has been studying how green building adoption is occurring in emerging market countries.

She explores the issue in a paper co-authored with Meagan McCollum from the University of Tulsa. The paper, one of the first in the world to examine the issue from an emerging economies perspective, analyzed green building adoption and diffusion in 97 developing countries over a period of 15 years.

“Buildings are a lynchpin in addressing environmental wellbeing, as they are the largest consumers of electricity and producers of carbon dioxide,” says Professor Devine, who adds that most of the research regarding green buildings has been concentrated on Western Europe and North America, which represent only a very small percentage of the total global building stock that is constructed each year.

One of the key findings in their research was that green building certification in emerging market countries is increasing, particularly with regard to international certification programs. In most cases, notes Professor Devine, domestic certification programs only originate after international certification activity has been introduced to the local economy.

Another key finding is that Foreign Direct Investment from developed economies helps spread the adoption of green building certification. As a result, she says, foreign investors can play an important role in exporting environmentally-sensitive green building technologies to emerging economies. According to Professor Devine, “Our findings carry economic and policy implications for those interested in offering – and attracting – foreign investment in emerging market countries.”

Y I G A N G PA N Professor of Marketing and International Business

While Professor Devine takes a broadbased empirical approach to study a large number of emerging markets, other scholars at Schulich take a more focused approach in studying multiple aspects of a single emerging economy. Yigang Pan, Professor of Marketing and International Business, has conducted extensive research with regard to western multinationals and their subsidiaries operating in China.

His most recent research looks at group-based competitive advantages of multinationals, while other research conducted in the past several years examined whether multinational subsidiaries in China performed better when located closer to China’s key business hub versus being located closer to the country’s political hub. His research highlights the need for foreign organizations operating in China to adopt a combination of business and political strategies in order to effectively navigate China’s institutional environment.

Focusing on Canadian firms’ experience in China, Justin Tan, the Newmont Mining Chair in Business Strategy, received a SSHRC Insight Grant with respect to research about the highspeed train industry in China, where Canadian manufacturer Bombardier and its Canadian suppliers, along with other multinationals, have maintained an extensive co-operative network with their Chinese competitors. Bombardier boasts a large network of strategic alliances with a number of Chinese firms and research institutes, who not only compete with Bombardier and its Canadian suppliers in the Chinese market, but also overseas. To further complicate matters, a lack of institutional protection for intellectual property (IP) rights has resulted in suspected IP violations, making this a research topic that features a number of important concerns related to business strategy.

J U ST I N TA N Professor of Strategic Management/Policy and Newmont Mining Chair in Business Strategy

Proliferation of Green Buildings

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Infrastructure Development in Asia

Spotlight on Research 2019 17

Understanding Emerging Economies: Customers, Institutions, and Organizations (cont’d)

EMERGING MARKET MULTINATIONALS

A N O O P MA D H OK Professor of Strategic Management/ Policy and Scotiabank Professorship in International Business

P RE E T A U L AK H Professor of Strategic Management/ Policy, Pierre Lassonde Chair in International Business and Associate Dean of Research

Besides the new opportunities opening up due to the size and growth rates of emerging economies, a concurrent trend is the increasing global presence of multinationals from these markets, popularly called the Emerging Market Multinationals. Anoop Madhok, the Scotiabank Chair in International Business and Entrepreneurship, has conducted research in connection with the internationalization strategies of companies from emerging economies.

Professor Madhok notes that many of these companies are “latecomers” to the crowded global marketplace and often lack the technologies and brand power enjoyed by more established firms from developed economies.

Despite these disadvantages, he says that many emerging market firms are expanding operations into more advanced economies at a rapid pace by deploying bold and aggressive methods, including the use of acquisitions as part of their internationalization strategy.

According to Professor Madhok, many emerging economy multinationals have an “entrepreneurial alertness and learning agility honed within the emerging economy context” that enables them to discover opportunities available through acquisitions and to then capitalize on those opportunities.

Preet S. Aulakh, Associate Dean of Research and Pierre Lassonde Chair in International Business, has carried out similar research focused on multinationals from emerging economies operating in advanced economies together with Lin Cui from Australian National University.

In a chapter published in the Oxford Handbook of Management in Emerging Markets, the two researchers show how indigenous firms from developing countries have seen significant growth opportunities in their domestic markets but also increased competition from wellendowed foreign multinationals. As a consequence, says Professor Aulakh, firms from these developing economies are becoming more active internationally and are using markets in advanced countries as vehicles to access critical resources to catch up and compete with established multinationals.

K EE-H O N G B A E Professor of Finance and Bob Finlayson Chair in International Finance

In trying to understand the different inorganic and organic internationalization strategies of firms from emerging markets, different studies conducted by Professors Pan and Aulakh have found unique institutional arrangements in emerging markets, ones related to stateownership of businesses and the presence of business groups (such as Tata in India, Haier in China, Elektra in Mexico), that facilitate their growth strategies.

Insights about the functioning of these business groups also come from the research of Kee-Hong Bae, the Bob Finlayson Chair in International Finance. He has investigated corporate governance in business groups operating inside Korea (business groups are a collection of publicly-listed and private firms under common control and are widespread in emerging markets).

In particular, his research looked at serious governance problems within business groups, most of which tend to be family-run, where the controlling shareholders have decision power that far exceeds their equity stake. As a result, controlling shareholders have strong incentives to siphon resources out of the firm for their own personal benefit.

The expropriation of firm resources by controlling shareholders at the expense of other shareholders is called “tunneling” and can take many forms, says Professor Bae. His early research demonstrated evidence of tunneling activities by Korean business groups, also known as chaebols, using mergers and acquisitions as a way to extract resources for the benefit of the group’s controlling shareholders – a method used more recently by the Samsung business group that benefited the controlling family owners at the expense of other minority shareholders, according to Professor Bae.

And although some Korean firms, primarily financial institutions, meet the highest global governance standards, many large chaebol-affiliated or familyrun firms still do not adhere to good governance practices, he adds. “The Korean experience raises the question of whether corporate governance reforms introduced in many emerging markets since 2000 can be effective in curbing problems inherent in the pyramidal structure of business groups,” says Professor Bae. “It would also be interesting to investigate whether the governance problems one observes in the Korean business groups are also prevalent in other emerging markets and what prevents them from adopting the best governance practices.”

As emerging economies like China and India transform into global economic powerhouses, and as much of the world’s wealth begins shifting from the developed West to the emerging East and South, research that revolves around business issues in emerging economies is gaining prominence and importance. A number Schulich’s researchers, from disciplines as varied as accounting and marketing to strategy and real estate, are tackling pressing issues in emerging economies with new and original research that has relevance for businesses, policy makers, and students. *

Prominent Business Groups

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Spotlight on Research 2019 19

BIG DATA AND SOCIETY OPPORTUNITIES AND CHALLENGES OF THE BIG DATA REVOLUTION

The world is undergoing a seismic shift today as mountains of data are mined and analyzed to gain new consumer insights, unlock potential profits and – increasingly – to better society. It is no wonder that many have dubbed this new age the era of “Big Data”.

Schulich is at the forefront of grappling with many of the social and business implications of the Big Data revolution reshaping our world. The School has a number of faculty members from a variety of disciplines heavily engaged in studying Big Data and society.

One of those researchers is Gregory Saxton, Assistant Professor of Accounting, who has explored the effects and use of Big Data in a number of areas, including social media and health care. His work has been published in top journals in the areas of accounting (Accounting, Organizations and Society), communications (Journal of Communication), nonprofit organizations (Nonprofit and Voluntary Sector Quarterly), and business ethics ( Journal of Business Ethics).

Much of his current work centres on what Big Data and new technologies mean for social organizations, particularly charities, as well as for for-profit companies’ corporate social responsibility efforts, and social movement activities.

He further explores many of these issues in a forthcoming book, Quest for

Attention: Nonprofit Advocacy in a Social Media Age, together with co-author Chao Guo from the University of Pennsylvania.

Saxton is a big proponent of the view that business leaders need to understand not only how Big Data is driving business trends, but also the ways in which it is changing society. As one example, he cites the way governments and citizens are collaborating by combining data to help create smart cities. Another example is the movement of non-governmental citizen data scientists interested in using Big Data for the common good. The organization Data4Good is a prime example of the trend toward leveraging insights from Big Data for the betterment of society. This movement has recognized an opportunity in harvesting vast amounts of underutilized data to help foster better societal outcomes in areas such as education, the environment, health, and human rights.

The ways in which the ‘data for good’ movement can utilize insights from business analytics to enhance society are limitless, says Saxton. For example, the organization Wildtrack is using data

and analytics to help endangered species. Other applications include using Artificial Intelligence to predict trends in impacts associated with climate change, to help develop new and innovative healthcare applications, and to improve public policies and social justice by shining a spotlight on injustices and inequalities that previously may have been invisible.

However the growing volume of personal data that is being collected and analyzed by governments and corporations has also led to a public backlash – one that has given rise to the data justice and data ethics movements, notes Saxton.

The data justice movement is a reaction to some of the negative effects of excessive amounts of data gathered about citizens’ and consumers’ transactions with business and government. One area this movement is particularly concerned about is the potential for misuse of genetics data by governments and insurers.

More broadly, however, the movement is concerned about issues such as the invasion of privacy and the profiling of individuals and groups.

“ The ways in which the ‘data for good’ movement can utilize insights from business analytics to enhance society are limitless.”

GREGORY

SAXTON Assistant Professor of Accounting

20 20 Schulich Schulich School School of of Business Business

Spotlight on Research 2019 21

Big Data and Society: Opportunities and Challenges of the Big Data Revolution (cont’d)

Other Big Data and Society Research at Schulich Several other faculty members at Schulich are also conducting cutting-edge research that pertains to Big Data and society. Ela Veresiu, Assistant Professor of Marketing at Schulich, is looking at the social impacts that Big Data has had through the rise of platform businesses – also known as platform markets – such as Über and Airbnb.

Together with colleagues Markus Giesler, Associate Professor of Marketing at Schulich, and Ashlee Humphreys of Northwestern University, Veresiu is currently conducting a longitudinal, in-depth investigation of how platform markets are created. When platform companies like Über, Airbnb, Etsy, TaskRabbit and others first entered the

scene, says Veresiu, they were met with skepticism and calls to be banned from communities. A decade later, many of these companies have become leaders in transportation, hospitality, retail, and other industries. By tracing the struggles and successes of one of these platform businesses (the peer-to-peer ridesharing service Über) the trio of researchers are unearthing important implications for marketing scholars, managers, entrepreneurs, innovators, and consumers.

According to Veresiu, Big Data can often have a polarizing effect in the world of marketing: “For some, it represents a promise to revolutionize the way we live, work, and think; for others, it’s an invasive and aggressive marketing tool.” She says that Big Data enthusiasts see it as

“a cost-effective method for collecting consumer data and monitoring the evolution of consumer tastes – a way for brands to more precisely identify and target their audiences.” For skeptics, however, Big Data “stands for ethnoracial consumer profiling that restricts consumer well-being, superficial snippets of consumer tastes, consumer privacy concerns, pre-coding biases, as well as undetectable linguistic, sentiment, and cultural consumer references.”

As a result, says Veresiu, scholars are increasingly calling for improvements to Big Data marketing research such as the incorporation of interpretive approaches, thereby providing opportunities for culturally-oriented consumer researchers to contribute their expertise.

Professors Dean Neu (top right) and Jeff Everett (bottom left) explored how social media can be a force for social change.

The data ethics movement, on the other hand, was largely created by the Facebook/Cambridge Analytica data scandal of 2018, when it was revealed that a British political consulting firm with data analytics capabilities had used personal data from people’s personal Facebook profiles without their consent for the purpose of political advertising.

The data ethics movement concerns itself with questions about right and wrong in the gathering of Big Data by governments, corporations, and data brokers, as well as issues revolving around consent, privacy and transparency.

Business managers should also recognize that a fair amount of the data analytics work in this area is not done by traditional nonprofit organizations, says Saxton.

Instead, the data collection and analysis is increasingly performed by loosely organized, decentralized and ephemeral groups of individuals such as #hackathons and the hacker group #Anonymous.

The work these groups do should cause business leaders to sit up and take notice, says Saxton: “Just as organizations can go online and tell their side of the story, so too can activists.” He points to his own 22 Schulich School of Business

recent research, published in the Journal of Business Ethics, in which he examines how citizens and consumers are using social media to “call out” corporations for their underperformance in the area of corporate social responsibility (CSR).

In other research Saxton has conducted together with fellow Schulich accounting professors Dean Neu and Jeff Everett, recently published in the Journal of Business Ethics and Critical Perspectives in Accounting, the researchers explored how social media can be a force for social change. The Schulich researchers studied accountability/outrage networks on the social media platform Twitter related to the #PanamaPapers, a tax avoidance scandal involving wealthy individuals and public officials. For the business manager or scholar, reading Twitter is like listening in on a “global cocktail party,” says Saxton. But the research he conducted with Neu and Everett shows that Twitter can go beyond being a purely discussion-based network to serve as a platform that can mobilize individuals in an effort to bring about positive social change and greater social accountability.

The massive amounts of information available on government, nonprofit, and for-profit organizations provide a gold mine for researchers – but more importantly, as Saxton has documented in some of his other research, the sheer amount of data is changing the way these organizations work and how they interact with key stakeholders such as donors. For charities, Big Data represents a mixed bag of positive and negative effects, notes Saxton. On the positive side, less efficient charities are less likely to get future funding. Bad behaviour such as fraud is also more likely to come to light. On the negative side, donor dollars end up going to charities that can attract attention for high-profile projects or causes that generate public sympathy. Less glamorous needs, such as upgrading an accounting information system for a homeless shelter, are less likely to draw attention and dollars. The end result is that for charitable organizations, Big Data has created a new information environment – and with it, a new reality when it comes to raising funds and attracting donors.

By tracing the struggles and successes of one of these platform businesses (the peer-to-peer ridesharing service Über) the trio of researchers are unearthing important implications for marketing scholars, managers, entrepreneurs, innovators, and regular consumers.

“ Big Data enthusiasts see it as a cost-effective method for collecting consumer data and monitoring the evolution of consumer tastes – a way for brands to more precisely identify and target their audiences.”

ELA VERESIU Assistant Professor of Marketing

Spotlight on Research 2019 23

Big Data and Society: Opportunities and Challenges of the Big Data Revolution (cont’d)

Lionel Li, Associate Professor of Operations Management and Information Systems, has conducted innovative research related to Big Data using machine learning methods and artificial intelligence, particularly with social media data. According to Li, Big Data offers a number of advantages, including improved spontaneity, granularity and dimensionality. Unlike traditional methods of data gathering – for example, collecting answers from standardized surveys – Big Data can provide live, real-time information through formats such as messages, images, and video.

“Aggregated data enables organizations to identify trends,” says Li. “However, to make trends actionable, we need individual insights with regard to who is interested in what – for example, which particular product characteristics – as well as the conditions needed for a product transaction to take place, which could include everything from price, location and time, to social influences.”

Detlev Zwick, Associate Professor of Marketing, has published a number of papers on Big Data and society. His most recent research, titled “Utopias of a PostMarketing World: Automation, Drone Theory and Environmental Surveillance,” was co-written with Aron Darmody from Suffolk University and is currently under review by the journal Big Data & Society. The paper explores the emerging logic of automated marketing in an age of comprehensive surveillance, automatic computational analyses and algorithmic shaping of consumption environments.

“In our research, we encounter a fascinating paradox at the heart of automated marketing,” says Zwick.

“The more marketing extends throughout life without limit, the more marketing believes that it ceases to exist. From this vantage point, the logic of automated marketing makes the surprising and terrifying claim that a world of ubiquitous marketing is a post-marketing world.”

Providing Future Business Leaders with Analytical Tools A critical point for managers and entrepreneurs to understand is that Big Data by itself is simply not enough.

Big Data is just data, not information.

The important – and most challenging – aspect is to convert the data into actionable information.

In other words, what are entrepreneurs, business managers and public sector leaders going to do with the data?

This is where analytical tools come in to play. These tools include data science, data analytics, machine learning and Artificial Intelligence. And on that front, Schulich is well positioned with its newly established Centre of Excellence in Business Analytics and Artificial Intelligence, the School’s pioneering Master’s degree program in Business Analytics, established in 2012, and its newly launched Master of Management in Artificial Intelligence program.

Schulich Deloitte Cognitive Analytics and Visualization Lab (left); Murat Kristal, Director, Centre of Excellence in Business Analytics and Artificial Intelligence (top right).

Murat Kristal, Associate Professor of Operations Management and Information Systems, is bullish about the potential for Big Data – not only for the world of business, but for society at large.

“Data science allows for an alternative lens through which to understand and evaluate societal issues,” says Kristal. A case in point is the application of analytics within the field of law enforcement.

According to Kristal, analytics can be used to predict, with a fairly accurate degree of certainty, where more police presence may be required due to a greater chance of a criminal incident, allowing for a more effective deployment of police services.

Data analytics also enables the police services to better understand how it deploys its personnel.

An important contribution Schulich is making to society is the development of business analytics professionals with the skills needed to help businesses and organizations turn Big Data into actionable information. These future managers – graduates of the School’s Master of Business Analytics program – are in high demand.

“There is a great need for people who can serve as analytics translators – individuals who understand both the needs of people working within the different functional areas of an organization such as HR, marketing and finance – and the skills possessed by the data analytics/data science team,” says Kristal. “In short, the need for individuals that combine management skills and knowledge of advanced AI applications will continue to grow exponentially.”

Schulich at the Forefront Big Data is making big inroads in every aspect of business and society. It is rewiring the way we work and reshaping our world.

Through their ongoing research, Schulich’s faculty are helping deliver practical insights about the societal and organizational effects of Big Data.

At the same time, they are also developing new data science and data analytics, as well as the Artificial Intelligence tools and machine learning methods necessary for analyzing Big Data. They are not only helping managers identify and unearth business opportunities, but also publishing discoveries and insights on ways to enhance social well-being and the public good. *

Professors Detlev Zwick (top) and Lionel Li (bottom) study Artificial Intelligence using Machine Learning Methods.

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Spotlight on Research 2019 25

BUSINESS HISTORY LOOKING BACK TO CHART A PATH FORWARD

Automotive pioneer and industrial titan Henry Ford famously called history “bunk”, and he most likely would have objected to the idea that a century later business students the world over would be studying his business breakthroughs.

Learning about the great business leaders and innovations of the past can help give today’s managers a key advantage when it comes to running a successful business while also avoiding some of the mistakes those leaders invariably made on their path to success.

A number of Schulich’s faculty members, representing disciplines as diverse as strategy, accounting and responsible business, are scrutinizing key historical events with an eye to discovering whether these moments from the past hold useful lessons for the present and future.

Schulich is also one of only a few business schools in North America that has a business historian on their faculty and places a strong emphasis on business history – part of the School’s mission to develop broad-minded leaders with a long-term orientation.

M AT T H I A S K I PPI N G Professor of Strategic Management/Policy; Richard E. Waugh Chair in Business History

History of Management Consulting The Richard E. Waugh Chair in Business History is held by professor Matthias Kipping, who was trained as a historian in Munich and Paris and also has a Masters degree in Public Administration from Harvard’s Kennedy School of Government. Last year, Germany’s Alexander-von Humboldt Foundation recognized his leading role in connecting historical research with the concerns of

26 26 Schulich Schulich School School of of Business Business

management scholars and practicing managers by granting him their prestigious Research Award.

In his own research, Professor Kipping has looked at management innovations and how they have been transferred over time and space, focusing in particular on the role of management consulting – a topic of crucial importance not only for managers but also for society at large. He has published widely on the subject, including The Oxford Handbook of Management Consulting in 2012 (co-edited with Tim Clark). In his work, he has shown how consulting firms, since their humble beginnings in the early 20 th century, have drawn on images related to “science” and “professionalism” to gradually establish themselves as an almost unquestionable authority in all matters related to management, and in the process have attained a much vaunted status alongside business schools and business media – a development he has charted in a recent book entitled Defining Management: Business Schools, Consultants, Media (Routledge 2016), jointly authored with Professors Lars Engwall and Behlül Üsdiken.

Based on in-depth case studies from the banking sector, he has also pointed to the dangers of uncritically adopting ideas and management models from other, unrelated business activities – a practice often promoted by consulting firms.

He argues, for instance, that selling a car is not like granting a loan and incentive systems from the former should not be applied to the latter, as consultants have advocated since the 1960s – with often disastrous consequences that became widely apparent during the 2008 financial crisis. Enron is another case in point, says

Professor Kipping: “Its so-called ‘asset light strategy’, which was advocated and celebrated by consultants and some business schools, turned out to be a failure, if not a fraud.” The bottom line, he says, is that managers should reflect critically about what consultants suggest.

In other research, Professor Kipping is examining the much-hyped phenomenon of “disruption”. Taking a long-term perspective, he has found that disruption has occurred quite frequently throughout history with regard to certain sectors, while other sectors have remained much more stable or evolved only gradually.

Says Professor Kipping: “Business leaders need to be careful before embarking on major change projects that are often prompted by alarmist calls from consultants – usually concerned about their own bottom line.”

To identify the forces driving the balance and interplay between these radical shifts and long-term stability, he has teamed up with former Schulich colleague Eleanor Westney and Professor Takafumi Kurosawa from Kyoto University in Japan.

They have invited leading global experts to examine continuity and change in a wide range of industries – everything from automobiles and pharmaceuticals to new sectors such as wind power and crypto currency. These scholars will present their findings in a two-part workshop; one already taken place in Kyoto in the fall of 2019 and the second one scheduled for Toronto in late spring 2020, which will feature a public panel discussion on these issues with business leaders. Papers based on the workshop presentations will then be published by Oxford University Press in The Oxford Handbook of Industry Dynamics.

Spotlight on Research 2019 27

Business History: Looking Back to Chart a Path Forward (cont’d)

“ I see historical research as particularly useful for understanding business-related phenomena in dynamic terms and as embedded in economic, social, cultural and political contexts. Both qualities are highly relevant to contemporary organizations, which compete in turbulent and complex settings.”

MOSHE FARJOUN Professor of Strategic Management/Policy

R OBERT PHI LLI PS Professor of Strategic Management /Policy; George R. Gardiner Professor in Business Ethics

Historic Corporate Social Responsibility Robert Phillips, George R. Gardiner Professor in Business Ethics, has produced some fascinating research regarding Corporate Social Responsibility from a historical perspective. He co-authored a paper titled, “Historic Corporate Social Responsibility”, together with Judith Schrempf-Stirling from the Geneva School of Economics and Management (GSEM) at the University of Geneva and Guido Palazzo from the University of Lausanne.

The paper was published in the Academy of Management Review and examined the interaction between the legitimacy of historic CSR claims and corporations’ reactions to these claims.

The chief issues the research paper grappled with included the following: (1) What is the basis for holding a corporation responsible for decisions made by prior generations of managers?

(2) How are such claims discussed and debated? (3) What makes a particular criticism stick to companies today?

(4) How will a corporation’s response to such criticism affect the company, its managers and the firm’s legacy going forward?

The research looked at several well-known examples, including Volkswagen’s use of forced labour during World War II. In July 1998, the German car manufacturer announced the creation of a fund to compensate former forced labourers who had worked for the company decades 28 Schulich School of Business

earlier. The announcement was surprising, notes Professor Phillips, because Volkswagen had previously stressed that it had been following governmental orders during the War and that financial and legal responsibility therefore resided with the German government and not the corporation. But the corporation, faced with continued criticisms about its role, confronted a dark chapter in its corporate past and changed course entirely by assuming responsibility for past actions.

The study also looked at several other examples, including: IBM, which had been criticized for providing punch card computing and other technologies to the Nazi regime; Chiquita, previously known as United Fruit Company, for accusations of unethical activities in Latin America that included bribery, tax evasion and worker exploitation; and Monsanto, for providing the herbicide Agent Orange during the Vietnam War that allegedly caused adverse and ongoing health effects on the population and veterans.

Since the release of the paper in 2015, Volkswagen has been dealing with a highly-publicized diesel emissions scandal. Says Professor Phillips: “It’s been interesting to watch the degree to which the company’s past has, or has not, resurfaced. This is a major scandal, but it seems to have remained historically contained.” Another development since the paper’s publication is that Monsanto was bought by Bayer. At least one court has since found Monsanto – and by extension its new owner Bayer – responsible for disease associated with its herbicide, Roundup. “Both cases will be interesting to watch going forward to see if their past influences the present and their legacy,” adds Professor Phillips.

M OS H E FAR J O U N Professor of Strategic Management / Policy

Historical Lessons from NASA and the Rise of the Digital Age Moshe Farjoun, Professor of Strategic Management/Policy, has also conducted business history research that reflects his interests in strategy, organization and adaptation – particularly within novel, complex and dynamic contexts. “I see historical research as particularly useful for understanding business-related phenomena in dynamic terms and as embedded in economic, social, cultural and political contexts,” says Professor Farjoun. “Both qualities are highly relevant to contemporary organizations, which compete in turbulent and complex settings.”

Professor Farjoun co-edited a book, Organization at the Limit: Lessons from the Columbia Disaster, and also contributed two chapters regarding NASA’s history as a context for the 2003 Shuttle Columbia disaster. His research uncovered how NASA had repeated failed patterns that occurred in prior accidents due to both ineffective organizational learning processes as well as structural and political constraints. In addition, his research showed how leadership breakdowns and ineffective internal knowledge transfer that occurred within this complex organization gradually led to a drift in safety and reliability.

His latest historical research is focused on the transformation occurring in the information and digital industries. He has

studied the emergence and development of the online database industry from 1972 until 1995, around the time when the commercial internet went mainstream.

This industry preceded the rise of Google and other internet search companies and highlighted how institutions – and the industry norms and technological standards they reflect – act both to enable and constrain technological change. Furthermore, the study illustrates how executive beliefs formed early in an industry’s evolution ended up constraining the industry’s views of viable business models that were later introduced by new entrants such as Google with its advertising-based business model.

Professor Farjoun is also currently engaged in a book project regarding the history of smartphones during the 2003 –2013 period and, more specifically, around the time when the iPhone was introduced. He is paying special attention to how firms in the industry surprised – and were surprised by – their rivals. The book intends to inform our understanding of strategic surprises, shaping strategies and creative destruction in fast-paced, innovation-based and competitive settings.

Moreover, he also has collected data on the historical origins of a Silicon Valley software firm, now a world leader in

its domain, during the period 1981 to 1989, the period when IBM’s PC was first introduced. His intent is to highlight the strategic thinking patterns of the firm’s founder and CEO as they co-evolved with the competitive space that the firm constructed.

MARCIA ANNISETTE Professor of Accounting

The Spread of Professional Accounting: A Historical Perspective Marcia Annisette, Professor of Accounting, has done some historical research on the diffusion of the contemporary model of professional accountancy, which first emerged in Scotland in 1853 and was later exported to England and then to the rest of the British Empire. This particular model spread much earlier (late 19 th century) to the settler colonies of the British Empire (e.g., Canada, Australia, New Zealand and South Africa) and much later (latter half of the 20 th century) to the non-settler colonies (e.g., India, Trinidad

and Tobago, Jamaica, Nigeria, etc.).

This much later period was marked by a number of exclusionary practices that influenced who could, or could not be eligible to become a professional accountant.

Professor Annisette, who is Director of the Master of Accounting Program at Schulich and Co-Editor-in-Chief of the journal Accounting Organizations and Society, has also conducted historical work together with a number of co-authors on how religion, race, and class impacted the organization of the accounting profession in various countries.

The key finding of the work has been to draw attention to how seemingly technical criteria for membership into the accounting profession were historically motivated by the intention to exclude membership to the profession not on grounds of technical merit but on other grounds such as gender, religion, race and ethnicity. Professor Annisette’s highly relevant work prompted a review of the profession’s traditional practices with a view to understanding how they might continue to have ongoing exclusionary effects to wider sections of their respective societies. *

BUSINESS HISTORY AT SCHULICH In addition to the Richard E. Waugh Chair in Business History, there are several other business historians at Schulich teaching a wide range of courses at the undergraduate and MBA levels.

Professor Andrew Thomson, who co-ordinates and teaches several sections of the first-year core course “History of Capitalism”, has most recently written a history of the Home Capital Group and has also been working on entrepreneurs in 19th century Canada.

Professor Cindy Loch-Drake, who also teaches “History of Capitalism”, focuses her research on diversity in the workplace, namely within the context of the postwar meat-packing industry in Canada.

Professor Laurence Mussio, who teaches an MBA elective, is about to publish Whom Fortune Favours: Bank of Montreal and the Rise of North American Finance, which follows several other corporate histories.

Professor Todd Stubbs, who teaches an undergraduate course on the history of globalization, currently researches entrepreneurship and technological change in the contexts of national and international political economy.

Spotlight on Research 2019 29

FACULTY NEWS & RESEARCH

30 Schulich School of Business 

MANUS (JOHNNY) RUNGTUSANATHAM APPOINTED CANADA RESEARCH CHAIR IN SUPPLY CHAIN MANAGEMENT

Spotlight on Research 2019 31

Manus (Johnny) Rungtusanatham Appointed Canada Research Chair in Supply Chain Management (cont’d)

The Schulich School of Business is delighted to announce the appointment of Professor Manus (Johnny) Rungtusanatham as its new Tier 1 Canada Research Chair (CRC) in Supply Chain Management. The Canada Research Chairs Program (CRCP) stands at the centre of a national strategy to make Canada one of the world’s top countries in research and development and attracts some of the world’s most accomplished and promising minds.

“Schulich’s reputation, built on providing innovative educational offerings, is a hallmark that must continue,” said Professor Rungtusanatham. “Its reputation as a leader in creating knowledge through research that then effects change is a path for continued success.”

Most people don’t think twice before putting an item in their shopping cart at the store. Professor Rungtusanatham wonders about the process it takes for the product to get from the manufacturer into the consumer’s hands, and how manufacturers can make that process more efficient.

During the tenure of his Canada Research Chair, Professor Rungtusanatham will explore the following question: How can manufacturers design, manage, and improve their supply chain processes to minimize their inability to achieve the goals of “RIGHT6”?

RIGHT6 is a term coined by Professor Rungtusanatham to explain what should happen in a perfect world when manufacturers engage supply chain processes to create and deliver products to the right customer with the right level of quality, in the right quantity, and at the right place, right time, and right cost. In the real world many different events can interrupt the physical flow of products across the supply chain, violating one or more of the six aspects of RIGHT6.

Professor Rungtusanatham’s research focuses on understanding manufacturer efforts: 1. to anticipate, respond to, and mitigate against product quality problems (i.e., the right level of quality aspect of RIGHT6); 2. to cost-efficiently provide appropriate quantities of variants of a product in an environment characterized by heightened demand for product uniqueness and variety.

3. to anticipate and recover more effectively from severe supply chain disruptions (i.e., the right quality, right quantity, right place, right time, and right cost aspects of RIGHT6).

Professor Rungtusanatham is also looking forward to launching research into securitization of the physical flow of goods in the supply chain, as a secured supply chain with few breaches has implications for tackling various societal crimes–including smuggling, contraband, cargo theft, terrorism and shoplifting.

As part of Schulich’s new Master of Supply Chain Management (MSCM) Program, Professor Rungtusanatham hopes to support Program Director David Johnston’s efforts to build a globally recognized educational program to develop the next generation of supply chain leaders.

RIGHT6

Professor Rungtusanatham will work with Professor Johnston to develop an institute or Centre of Excellence whose charter will be to:

often one-on-one, working relationships with doctoral students during and well beyond completion of their dissertation research. The ideal doctoral student is one from whom I can also learn.”

1. support cutting-edge, forwardthinking research to shed insights into emerging supply chain management problems;

Professor Rungtusanatham believes in the importance of studying how emerging technologies (e.g., artificial intelligence, machine learning, 3D printing, digital money, etc.) are impacting the future of supply chain management – especially in terms of the increasing visibility of the flow of goods through a supply chain, detecting anomalies that trigger warnings and preventive response, and the recording of receipts and payments.

These technologies contribute to the increasing capability of machines and computational methods to analyze large datasets with millions of transactions, the speed with which goods flow, as well as the speed to react opportunistically.

Prior to joining Schulich, Professor Rungtusanatham was the Fisher College of Business Distinguished Professor of Management Sciences at Ohio State University. He also held faculty positions with the Carlson School of Management at the University of Minnesota, the W.P. Carey School of Business at Arizona State University, and the School of Business at the University of Wisconsin-Madison.

He has also been a visiting faculty member with the IE Business School in Spain and CUOA (Centro Universitário

2. engage corporate partners to provide financial and non-financial resources for research and educational initiatives (e.g., sponsored student consulting projects, teaching cases, etc.); 3. collaborate with corporate partners and the global business community to develop future managers through the MSCM and other programs; and 4. develop executive education offerings around supply chain management topics leveraging research findings and emerging insights.

Professor Rungtusanatham will also assume the role of PhD coordinator and mentor PhD students in the Operations Management and Information Systems area. “For me, the primary objective when working with doctoral students is to develop them into thought leaders on their dissertation topic and to help them shape their own career,” he says.

“I define success in terms of job placement (short term), promotion with tenure (medium term), and career fulfillment (long term). Success, as defined, involves extremely close,

RIGHT6 is a term coined by Professor Rungtusanatham to explain what should happen in a perfect world when manufacturers engage supply chain processes to create and deliver products to the right customer with the right level of quality, in the right quantity, and at the right place, right time, and right cost. In the real world many different events can interrupt the physical flow of products across the supply chain, violating one or more of the six aspects of RIGHT6.

di Organizzazione Aziendale) in Italy.

In 2017, he was a Visiting Chair Professor at Hong Kong Polytechnic University.

Thus far in his career, one of his proudest professional accomplishments has been becoming a Fellow of the Decision Sciences Institute in 2017 – a recognition given by his peers for substantive and impactful research contributions in the decision sciences. He is also a department editor (Global Operations Strategy) for Production and Operations Management Society (POMS), a top-tier journal in his field.

Another academic accomplishment for Professor Rungtusanatham was the open enrollment W.P. Carey MBA Online Program at Arizona State University. With a three-million-dollar budget and a team of three direct reports, he conceived and implemented an infrastructure to support a one-week mandatory, onsite orientation and subsequent online delivery of 12 courses to satisfy a two-year MBA degree. The program launched after a one-year incubation period with about 50 students, one as far away as Hong Kong, and another stationed on a US Navy ship.

Professor Rungtusanatham first visited Schulich in 2007 to give a research seminar. In hindsight, he believes the visit planted a seed in his mind to look closely at Schulich as a place to research and work. “Schulich’s impeccable

reputation as a top global business school, its strong global alumni base, and its entrepreneurial spirit add to the attraction of working here. Plus there are two other facts–Schulich is located in Toronto, the fourth-largest North American city, and all my relatives live in Canada, either in Toronto, Edmonton or Vancouver,” he said. “My decision to join Schulich was not taken lightly.”

In his limited spare time, Professor Rungtusanatham enjoys reading mystery novels (Agatha Christie, Michael Connelly, and Lee Child are favourites), visiting new places, doing small home-maintenance projects, and sports.

Professor Rungtusanatham will contribute to the continued success of Schulich and Supply Chain Management sectors in many ways. “As the Canada Research Chair in Supply Chain Management, an immediate priority is to continue my research, publish in top journals, preferably those on the Financial Times or UT Dallas listings, and graduate doctoral students who are then placed well in Canada and globally,” he said.

“Supply chain management is critical to so many industries today,” says Schulich Dean Dezsö J. Horváth. “We are delighted that Johnny Rungtusanatham has joined our growing faculty. He is one of the top researchers in the world in this vitally important field.” *

“ Supply chain management is critical to so many industries today. We are delighted that Johnny Rungtusanatham has joined our growing faculty. He is one of the top researchers in the world in this vitally important field.”

DEZSÖ J. HOR VÁTH Dean & Tanna H. Schulich Chair in Strategic Management

32 Schulich School of Business

Spotlight on Research 2019 33

BRENT LYONS APPOINTED YORK RESEARCH CHAIR IN STIGMATIZATION AND SOCIAL IDENTITY

Brent Lyons, Assistant Professor of Organization Studies at Schulich, was recently named a Tier II York Research Chair in Stigmatization and Social Identity. Professor Lyons studies stigma in organizations and how people with stigmatized social identities navigate their work and interpersonal relationships.

The York Research Chairs (YRC) program, established in 2015, is envisioned as York University’s internal counterpart for the national Canada Research Chairs (CRC) program and recognizes outstanding researchers whose work has a global impact.

“Professor Lyons’ work is at the leading edge of research on topics related to stigma, social identity and issues of diversity and inclusion,” said Schulich Dean Dezsö J. Horváth. “His research also has direct implications for marginalized groups as it relates to the labour force.”

Lyons’ background in research began with his undergraduate degree in psychology at Queens University.

After taking the course ‘Race and Racism’ at Queen’s, he quickly became passionate about the topic and realized that he could build a career and contribute to research in this area.

In 2013, he went on to earn his PhD in organizational psychology at Michigan State University, where he spent time researching stigma and discrimination in organizations.

“Every day is an opportunity to learn something new,” says Lyons.

“My assumptions about the world

are constantly being challenged and those opportunities are enriching.”

He often speaks with practitioners around Toronto about the work they’re currently doing, as well as areas where they would like to see more research.

“Practitioners are always facing the challenge of what the evidence is saying and how practices need to be modified to address ongoing issues.”

Since diversity is a broad and complicated subject, there are a lot of conversations around inclusion. Lyons often finds himself speaking with organizations about implementing strategies that help support a broader perspective regarding diversity in the workplace. He notes that there are so many ways that people can be different (for example, gender, race, disability, sexual orientation, religion, etc.) that when organizations create practices and policies that are supportive of a particular group, it is a challenge to assure those practices are also supportive of other groups.

As someone with a hearing disability, Lyons uses his personal experience of navigating disability to inform his own work. He is currently working on a project about how people who are deaf and hard of hearing experience isolation

at work and the implications that has for their careers. “They often feel disconnected from their co-workers, supervisors or from people who can provide developmental opportunities,” says Lyons. “Having a hearing impairment can sometimes make interactions with people socially awkward, making people want to avoid you. Isolation can make it difficult for those with hearing loss to build important connections during the formative years of career development.” he adds.

Lyons followed 207 people identified as deaf or hard of hearing over a period of six months, and assessed their professional isolation and their relationships with their supervisors.

What he discovered is that experiences of isolation for people with less severe hearing loss are more impacted by the support they do or do not receive from their supervisors, because they expect to be treated similarly to their coworkers without hearing loss. People with more severe hearing loss have lower expectations about support and their experiences of isolation are less impacted by supervisor support. Instead, people with more severe hearing loss look to personal networks and their own resources for support.

Lyons followed 207 people identified as deaf or hard of hearing over a period of six months, and assessed their professional isolation and their relationships with their supervisors. What he discovered is that experiences of isolation for people with less severe hearing loss are more impacted by the support they do or do not receive from their supervisors, because they expect to be treated similarly to their coworkers without hearing loss.

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Spotlight on Research 2019 35

Brent Lyons Appointed York Research Chair in Stigmatization and Social Identity (cont’d)

“ Professor Lyons made great strides early on and has evolved into a prolific researcher with an outstanding reputation. His research has already garnered much respect from established authorities in his field. His work demonstrates excellence and a high level of quality, and he has the potential to continue to achieve further recognition as a leader in his field.”

Schulich Corporate Social Responsibility Chair Dirk Matten Receives Prestigious Award

DEZSÖ J. HOR VÁTH Dean & Tanna H. Schulich Chair in Strategic Management

One of Professor Lyons’ biggest motivations is the opportunity to work with aspiring researchers. He recently started the “Stigma and Identity Lab” at Schulich around the idea of supporting the research development of students.

The lab currently has four members – including one PhD student, one Masters student, and two undergraduate students – and meets in-person weekly in the ORGS fishbowl (meeting room).

“A lot of the learning that I do comes from working with PhD and undergraduate students,” said Lyons.

“Seeing them develop and become academics has been one of the most rewarding aspects of my career.”

Due to the success of his publications, Lyons has been invited to present his research at leading universities worldwide, including Michigan State, Georgia Tech, Babson College, and Bocconi University, as well as top universities across Canada, including the University of British Columbia and Wilfred Laurier. He usually presents on topics regarding stigma and identity, as well as diversity and inclusion, while pursuing the opportunity to collaborate with faculty and students from other universities.

During his presentations at institutions, he discovered that conversations manifest differently across contexts.

“I can tell that the conversation around diversity is something that people shy away from,” he notes. “Though the conversation is important in every context, how you deliver the message

or spark the conversation is vastly different – which was a learning opportunity for me. Audience matters a lot and there needs to be a certain level of readiness and flexibility when having these conversations.”

It was not until Lyons received his first top-tier publication, without his PhD advisor’s assistance, in 2017 that he felt that he could succeed in research.

In less than two years since he joined York University, Lyons has received one of its most prestigious research awards, which is an affirmation of his academic accomplishments and his published work. “To go into a space where people do not know you so well and to have one’s research proposal and CV reviewed by esteemed colleagues was an endorsement from people that I really respect,” says Lyons.

Dean Horváth had high praises for Professor Lyons in his YRC nomination letter. “Professor Lyons made great strides early on and has evolved into a prolific researcher with an outstanding reputation. His research has already garnered much respect from established authorities in his field. His work demonstrates excellence and a high level of quality, and he has the potential to continue to achieve further recognition as a leader in his field.”

Lyons believes Schulich has been phenomenal in supporting his research.

The community not only provided him with support and a strong research culture, but also the opportunity to

connect with many local organizations.

The faculty and staff have helped him establish relationships that are supportive of his research, as well as opened opportunities for his research to inform practices in organizations. He is already involved and working with the British Columbia Human Resource Management Association, the National Mental Health Innovation Centre, the Ontario Coalition for Persons with Disabilities, and the National Technical Institute for the Deaf.

“Schulich places a clear value and strong culture on high quality research which motivates me to elevate the quality of work that I’m doing,” says Professor Lyons. His involvement with a large $2.5 million CIHR-SSHRC Partnership Grant, where he is a co-investigator, is another indicator that his peers view his research in high regard. He is leading the research branch of the grant, which partners businesses and researchers with the goal of knowledge sharing and research dissemination.

Lyons serves on various editorial boards, including the Journal of Applied Psychology and Organizational Behavior and Human Decision Processes. He has published his work in top-tier journals such as the Academy of Management Review, the Journal of Applied Psychology and the Journal of Management. He is extensively involved in the training of future researchers and is currently working with eight PhD students from York University and other universities around the world.*

Dirk Matten, Professor of Strategy and Hewlett-Packard Chair in Corporate Social Responsibility, along with his co-author, Professor Jeremy Moon, Copenhagen Business School, received the highly prestigious Academy of Management Review Paper of the Decade award for their paper published in 2008.

Dirk Matten recently received the highly prestigious Academy of Management Review (AMR) “Paper of the Decade” award for his paper published in 2008.

The paper, entitled “’Implicit’ and ‘Explicit’ CSR: A Conceptual Framework for a Comparative Understanding of Corporate Social Responsibility”, co-authored with Jeremy Moon (Copenhagen Business School), received an astounding number of citations (more than 3,500 according to Google Scholar) in books and articles across the world since its publication in April 2008.

“This year the decision was easy for the Board of AMR, as this article is by far the most cited in this period,” AMR Editor-inChief Jay Barney said in Chicago at the award ceremony. The journal is ranked one of the top management and business journals. Matten suggests that the article, which takes as its point of departure an analysis of differences between European and US approaches to Corporate Social Responsibility, has been quoted highly because it: 1. Enables analysis of CSR in a variety of national settings and explanation of different national approaches;

2. Enables analysis of dynamic features of CSR (e.g., reflecting institutional change, globalization, etc.); and 3. In particular, enables understanding of why European and other non-US companies have adopted their own CSR strategies over the last decade or so.

“I am rather humbled to have been selected,” said Professor Matten.

Jay B. Barney, Editor-in-Chief of Academy of Management Review, said that the winning paper “has demonstrated a significant impact in the field of management”.

ABOUT THE ACADEMY OF MANAGEMENT REVIEW The mission of the Academy of Management Review journal is to publish new theoretical insights that advance the understanding of management and organizations.

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Spotlight on Research 2019 37

Schulich Corporate Social Responsibility Chair Dirk Matten Receives Prestigious Award (cont’d)

Notable mentions about the winning AMR article: • All-time 2nd most cited article for “Business Ethics” and “Ethics” in Academy of Management Review (Web of Science) • All-time 3rd most cited article for “Corporate Social Responsibility” in Academy of Management Review (Web of Science) • Most cited article for “Business Ethics” in any journal for articles published since 2008 (Web of Science) Professor Matten has had a stellar career that has brought great distinction to the Schulich School of Business.

Recruited in 2007, Professor Matten played a central role in strengthening the global reputation of the School in the areas of Responsible Business, Ethics and International Business through his many journal publications, books and editorial work.

He is one of the founding thinkers of new ways of theorizing about the political roles of companies as well as the comparative understanding of what a responsible enterprise looks like in different regions of the world.

No matter which yardstick of achievement is used – whether it is number of citations or number of best papers, Professor Matten is in an elite class. The award he received is a strong testament to that fact. It was also the first time that a paper focused on Responsible Business received this prestigious recognition in the world’s premier management theory journal.

He also recently received an Emerald Citation of Excellence award, presented

annually to academics who have published highly cited papers that also demonstrate novelty, inter-disciplinary interest and relevancy.

Professor Matten is regarded as one of the top CSR academics in the world – and in 2018 was the only academic in the world to make the Top 100 CSR Influence Leaders list. Like few other scholars in the world today, Dirk Matten has put responsible business in the mainstream of the management research and teaching agenda.

He is the Co-Founder and former Director of Schulich’s Centre of Excellence in Responsible Business, and was a co-editor of the management journal Business & Society. He is frequently interviewed by media outlets around the world for his expert opinions.

He is a Visiting Professor at Copenhagen Business School, the University of London, the University of Nottingham and at Sabancı University in Istanbul.

He has taught and done research at academic institutions in Argentina, Australia, Belgium, Britain, Canada, the Czech Republic, France, Germany, India, Italy, Turkey, and the USA. In a discussion with Professor Matten, we learned many fascinating details about the path that brought him to Schulich as well as his research interests.

First, his interest in CSR comes from a personal space in his personal past. In the part of Germany where he grew up, it was a time of industrial restructuring.

The coal and steel industries were closing down, unemployment ballooned – and that had a massive impact on the community, families, and social life.

He was always intrigued with how changes in business had the potential to impact to people’s lives.

Professor Matten’s journey into his field of expertise was not a direct one. He earned a business degree and went for a standard business education in Germany.

He initially started a PhD in Accounting, but fortunately ended up with a supervisor in the early 1990s who had a new field of interest in business and the ecological environment. Matten found that fascinating, so he gave up his PhD project and started a new one on environmental risk. From there, he stayed in the environment and sustainability area, and later moved onto broader questions of ethics and CSR. Professor Matten also thinks, though, that one still cannot really put a generic label on this field. He sees it as a broad discipline that encompasses CSR, business ethics, social issues in management, social innovation, and many more topics. He is convinced that the wider questions about business’ impact on society are now an established field. He sees what 30 years ago was arguably an esoteric area, where scholars with a strong ideological interest had begun to play with the role of what business in society should or should not be. But it was not an accepted field. This way of thinking has changed over the years. Nowadays, for instance, at the Academy of Management Conference, there is an interest in these questions in almost all divisions. Indeed, the progress and work on these questions in management academia has come a very long way, according to Professor Matten. *

Schulich Faculty Honoured by the Academy of International Business

The Academy of International Business awarded Gold Medals to Preet S. Aulakh, Professor of Strategy and International Business and Pierre Lassonde Chair in International Business; and Yigang Pan, Professor of Marketing and International Business, for their substantive contributions to the Journal of International Business Studies (JIBS).

Aulakh and Pan’s contribution to JIBS Preet S. Aulakh and Yigang Pan are among the top 10 most published authors in JIBS. Through their numerous articles, co-authored with scholars across the world, the two have made important contributions in understanding the internationalization of large and medium sized enterprises, their modes of entry and the performance implications of their strategic choices.

Much of Pan’s research published in JIBS studies the entry strategies of US multinationals in foreign markets. His earlier work focused on understanding the processes of making foreign entry

choices, including those related to the choice of markets to enter, the sequence of entry into multiple foreign markets, and the extent and forms of equity ownership required in each market.

Aulakh’s research in JIBS is somewhat complementary to that of Pan’s as it has focused on the implications of foreign entry choices for multinational firms. A number of his papers have examined whether a heavy focus on international markets helps firms’ overall financial performance, and has empirically assessed the performanceenhancing characteristics of different entry modes and structural forms of international alliances.

Given their shared interest in understanding firms’ international strategic behavior, Pan and Aulakh collaborated (along with an alumnus of the Schulich doctoral program) on two papers published in JIBS where they studied international licensing alliances, which are becoming increasingly common in global technology markets, but which are relatively under-researched.

Using survey data from large and medium-sized firms from around the globe, and using real options and transaction cost theories, the two papers identified firm, industry and country level factors influencing the structure of international licensing contracts,

ABOUT THE THE ACADEMY OF INTERNATIONAL BUSINESS AWARD In celebration of the journal’s 50 th anniversary in 2019, the Academy of International Business Executive Board approved various awards for exceptional past contributions to the Journal of International Business Studies. Gold Medals were awarded to scholars with at least 11 substantive contributions in the journal during the past 50 years. Only 16 scholars around the world had fulfilled this requirement.

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Spotlight on Research 2019 39

Schulich Faculty Honoured by the Academy of International Business (cont’d)

in particular the length of these agreements and the nature of exclusive rights given to the foreign partners.

With the growing importance of emerging markets in global business, both as recipients of foreign direct investment from established multinationals, as well as the aspirations of new multinationals from these markets to compete globally, international business scholars are turning their attention to understanding how emerging markets shape global competition. Both Pan and Aulakh have contributed to this developing research area by publishing a number of articles that examine the role of the governments in China and India in facilitating the international expansion of their firms through direct and indirect state support.

This research has provided new theoretical insights into an understanding of state capitalism as an emerging phenomenon in global business and identifying the varieties of state capitalism developing in different parts of the world.

International Business Research at Schulich The Schulich School of Business has a strong tradition in making substantive contributions to international business education and research – one of the hallmark features of the School.

Schulich was one of the first business schools in the world to establish an MBA degree completely focused on International Business in the early 1990s, just before globalization began revolutionizing business.

Over the years, the School’s contributions to international business have been acknowledged by a number of organizations, including the Academy of International Business. For example, Dean Dezsö Horváth was honoured with the AIB Fellows’ International Educator of the Year Award in 2004, and Professor Anoop Madhok was awarded the JIBS Decade Award in 2005 for his article on joint ventures of multinational firms. Schulich faculty members across all disciplines have made significant contributions to the journal over the years, and the school is among the top ten contributors of articles in JIBS from universities across the world.*

Retirement Investing for a Biological Age: If your retirement plan is built on your chronological age, you may be on shaky ground

That’s the intriguing premise of Moshe Milevsky’s latest book, Longevity Insurance for a Biological Age: Why Your Retirement Plan Shouldn’t Be Based on the Number of Times You Circled the Sun. The Schulich finance professor addresses the issue of utilizing biological age – a new concept that is rapidly gaining ground – as the basis for personal retirement planning.

ABOUT THE JOURNAL Journal of International Business Studies (JIBS) is the official publication of the Academy of International Business, an association more than 3,000 members from 93 countries around the world with interests in international business and policy. Multidisciplinary in scope and interdisciplinary in content and methodology, the journal publishes content related to the activities, strategies, structures and decisionmaking processes of established and emerging multinational enterprises from across the globe. The journal promotes articles that foreground the interactions between multinational enterprises and other actors, organizations, institutions, and markets, and enhance understanding of how the international environment affects the activities, strategies, structures and decision-making processes of firms. To this end, it also publishes cross-country comparative studies of businesses, business processes and organizational behaviour in different countries and environments.

JIBS is among the Financial Times Top 50 journals used in business school research rankings since the ranking’s inception in the late 1990s. JIBS is also regarded as a top-tier international business journal in other notable journal lists including, the Chartered Association of Business Schools’ Academic Journal Guide, the Australian Business Deans Council Journal Rank and the UT Dallas list. With an acceptance rate of five percent and the high impact of its published articles, the Web of Science places it in the top ten of journals in the Business and Management categories based on the Journal Impact Factor.

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According to Professor Milevsky, advances in science such as biomarkers of aging and DNA methylation allow us to gauge our true age with a higher degree of accuracy than ever before. “Simply put,” he says, “biological age is a more accurate assessment of your longevity and the time you will spend in retirement.” He adds that the implications for an individual’s personal financial planning – as well as government policy regarding pensions – are enormous.

For starters, calculating retirement planning based on a person’s biological age may require a shift in an individual’s

15-20 YEARS

asset allocation. According to Professor Milevsky, toward the middle of the human lifecycle, biological age can vary by 15-20 years from chronological age.

So if a person is 60, for example, but his or her biological age is closer to 45, the individual may want to keep a higher proportion of investments with long-term horizons such as equities and growth assets.

Knowing your biological age would also affect retirement decisions, with some opting to work longer, and others looking to exit the workforce much sooner.

And using biological age as a baseline

instead of chronological age might also impact a myriad of other personal finance decisions, including your life insurance policy, whether or not to buy additional pension annuities, and estimating your long-term care needs. “These are all implications arising from the concept of biological age,” says Professor Milevsky.

In fact, he believes that the concept of biological age needs to be included in retirement planning.

He points out that public policy regarding government pensions may also change down the road, particularly if biological age becomes the universally accepted

According to Professor Milevsky, toward the middle of the human lifecycle, biological age can vary by 15-20 years from chronological age.

So if a person is 60, for example, but his or her biological age is closer to 45, the individual may want to keep a higher proportion of investments with long-term horizons such as equities and growth assets

Spotlight on Research 2019 41

Retirement Investing for a Biological Age (cont’d)

New Schulich Faculty Matt Bamber

M AT T B A M B ER Assistant Professor of Accounting

Research Areas

measure by which people determine how old they are. He further believes governments should begin looking at ways to gear retirement benefits and entitlements toward biological age instead of continuing to use the current chronological age-based retirement systems. “As things currently stand, there is a large transfer of pension wealth from individuals with higher biological ages, who are relatively less healthy, to individuals with lower biological ages, who are relatively more healthy,” notes Professor Milevsky. ”This will eventually have to be corrected somehow.”

To illustrate his point in the early chapter of his book, he reviews the history of the 1917 Spanish flu epidemic that claimed the lives of millions of people around the world. Professor Milevsky demonstrates that the flu disproportionately killed younger people in their 20s, while older people were more likely to recover from the illness and survived. At the time, the life expectancy of a chronological 27-year-old was lower than the life expectancy of a 72-year-old. This was an example of a “longevity shock” and eventually changed the way life insurance was viewed and valued.

He stresses that people should not simplistically conflate chronological age with longevity and life expectancy.

While the biological age metric may sound like science fiction or something far off into the future, Professor Milevsky

says it will be here sooner than we think, particularly if tech giants such as Apple and Google start embedding the biological age estimation technology into phones, watches or other wearables.

• Investor-Manager Meetings • Higher Education • Question & Answer Sessions • Qualitative Research

Longevity Insurance for a Biological Age also includes some suggested strategies for how to generate a steady stream of income for your retirement years, especially if it turns out you will be living much longer than you thought based on your biological age. Professor Milevsky has long advocated for the greater use of longevity insurance, also known as annuities, for retirees without Defined Benefit (DB) pensions, and the federal government has recently made this easier. *

Ruodan Shao

ABOUT THE AUTHOR Moshe Milevsky is ranked among the top researchers in the world in the field of insurance risk management.

He is an associate editor of the leading scholarly journal Insurance: Mathematics and Economics, and recently delivered the keynote presentation at the 23rd annual congress on Insurance, Mathematics and Economics in Munich.

In 2015 he was named one of the 35 most influential people in the US financial advisory business during

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the last 35 years by Investment Advisor magazine. He was also the recipient in 2017 of the Kulp-Wright Book Award from the American Risk and Insurance Association for his previously published book, King William’s Tontine: Why the Retirement Annuity of the Future Should Resemble its Past.

A prolific author and researcher, Professor Milevsky has published numerous scholarly and popular books that have been translated into six languages in addition

to more than 60 peer-reviewed scholarly papers. His most recent book, Longevity Insurance for a Biological Age, has received media coverage in high-profile business publications such as Barron’s and Forbes, and he was described as the “most important contemporary thinker on retirement” issues by Seeking Alpha, a crowd-sourced content service for financial markets.

Matt is Assistant Professor of Accounting. He originally trained as a Chartered Accountant (ICAEW; FCA), gaining practical experience in audit and corporate finance in the UK and the US. Matt has previously held appointments at the University of Bristol (UK) and the University of Toronto (Canada). Matt has taught management accounting for over a decade, and he sees this part of the academic role as an absolute pleasure and privilege.

Matt’s current research focuses on investor-manager interactions, specifically those that occur during Question and Answer (Q&A) sessions during face-to-face meetings. He has contributed to a better understanding of these events as social and political encounters. Three recent projects are as follows.

First, he has drawn on theories of surveillance and interaction ritual to help explain why analysts ask the questions they do, but also why they do not always pose the questions they want to. This research suggests that the visibility of an analyst and her research is fundamentally important to the choices she makes. Second, Matt has employed the notion of hyperreality from the writings of Jean Baudrillard (whose work was a notable inspiration for the movie, “The Matrix”) to explain how the Q&A is transformed into a Disneyland-esque accounting encounter. It becomes paradoxically self-referential as it serves to modify, accentuate, and/or over-write prior financial information while simultaneously becoming a point of reference for future financial and strategic decision-making. Third, Matt has used the concept of liminality (e.g. rites of passage, threshold-crossing, etc.) to explain why management volunteers to engage in unsettling and occasionally dangerous information exchanges, such as Q&A. The evidence suggests that the results presentation is a way for management to bring cohesion around a set of carefully prepared key messages among the investor community.

Matt also engages in research which lies at the intersection of higher education, identity, and organization studies. In recent times, he has focused on the identity challenges facing teaching faculty in academia. He has three current projects in this field, namely: the difficulties workers face when confronted by a permanent liminal existence; the importance of dignity in/at work as a means to create, build, and/or damage esteem; and the identity implications of systems of teaching performance.

R U O D A N SH A O Associate Professor of Organization Studies

Research Areas • Corporate Social Responsibility • Organizational Justice • Business Ethics/Ethical Decision-Making • Cross-Cultural Management • Strategic Human Resources Management

Ruodan is Associate Professor of Organization Studies. She received her PhD degree from Sauder School of Business at the University of British Columbia. Before Ruodan joined Schulich, she worked as an Assistant Professor in the College of Business at the City University of Hong Kong and as an Associate Professor in the Asper School of Business at the University of Manitoba.

Ruodan’s research interests centre on the concepts of justice and ethics. Based on these concepts, Ruodan has developed a research program involving five theoretically connected research domains, namely organizational justice, corporate social responsibility, business ethics/ethical decision-making, cross-cultural management, and strategic human resources management. In this research, Ruodan is interested in understanding how employees perceive, interpret, and respond to the (un)fair and/or (un)ethical treatment they personally experienced or observed at work. In addition, she also investigates factors that contribute to leaders’ and employees’ ethical decision-making and (un)ethical behaviours. Because Ruodan has multicultural experiences, she also takes a cross-cultural perspective to understand whether individuals’ perceptions, evaluations, and reactions to workplace fairness and ethics differ based on their cultural backgrounds. Ruodan’s work has been published in Journal of Applied Psychology, Organizational Behavior and Human Decision Processes, Personnel Psychology, and Journal of Management. Ruodan serves on the editorial boards of the Journal of Applied Psychology and Journal of Management.

Ruodan’s teaching interests include organizational behaviour and human resources management. She received the University of British Columbia Graduate Student Teaching Award and was nominated for University of British Columbia Commerce Undergraduate Society Teaching Excellence Award in 2010. She is currently teaching ORGS 5100 (Organizational Behaviour) to MBA students of Schulich and has received very strong teaching evaluations from the students.

Spotlight on Research 2019 43

New Schulich Faculty (cont’d)

MAXIM VORONOV Professor of Organization Studies

Research Areas • Entrepreneurial Studies • Institutional Change • Organizational Strategy/Theory • Social Innovation/ Organization • Strategic Management

G RA N T PA C K AR D Associate Professor of Marketing

Research Areas • Consumer Behaviour • Social Media • Online Reviews • Retailing • Customer Service

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Maxim Voronov

Nicole Mead

Maxim is Professor of Organization Studies. He is broadly interested in change at organizational, industry and societal levels – why it happens, and why it doesn’t. He is a qualitative researcher who believes in the importance of getting an in-depth understanding of the phenomenon. Thus, he has spent years studying change in a variety of industries and organizations, including the Ontario wine and restaurant industries and, more recently, the Canadian whisky industry. Some of his specific projects under this umbrella examine how cultural resources are created and deployed by people and organizations to accomplish their strategic objectives.

For example, one ongoing study set in the Canadian whisky industry is investigating the role of historical narratives by organizations in the construction of authenticity. While authenticity is often seen as an intrinsic property of people or things, this study seeks to shed light on the work that must be performed by organizations to make themselves and their products appear authentic. In a world obsessed with craft and authenticity, this study helps organizations understand the opportunities and pitfalls associated with trying to cater to this desire.

Another recently-started research project, in collaboration with Grace Fan (University of British Columbia), examines how Chinese private entrepreneurs have gone from social pariahs to heroes. Prior organizational research on stigma has examined how organizations can reduce stigma by obscuring or hiding the aspects that provoke stigmatization. In contrast, from 1992 to 2010, Chinese private entrepreneurs, facing intense hostility from both the government and the public, tapped into admired societal values (such as kinship loyalty, in the Chinese context) to actually change the societal moral codes and cleanse themselves from stigma. The study shows that stigma is not always a “problem” for organizations. Rather, it can be an opportunity to be a bringer of social change. Maxim’s work appears in such elite management journals as Academy of Management Review, Academy of Management Journal, Journal of Management Studies, and Human Relations, among others. He serves on the editorial boards of Academy of Management Review, Academy of Management Journal, Journal of Management Studies, and Organization Studies.

Nicole is Associate Professor of Marketing. She is delighted to return to her home country after having lived and worked around the world to better understand consumers in the international marketplace.

Prior to joining Schulich, she was a faculty member at the Rotterdam School of Management (Erasmus University, the Netherlands), Católica-Lisbon School of Business and Economics (Portugal), and the University of Melbourne (Australia). She is a recurring visiting scholar at the Graduate School of Business at Stanford University.

Nicole is internationally recognized for her groundbreaking work on the psychology of money, which was published in Science. More recently, she uncovers how and why consumers choose among products that vary in quality. For example, while marketing assumes that consumers choose high-quality products to make themselves feel better, her research finds that consumers with low self-esteem – those with pessimistic self-views – prefer low-quality products because those products fit better with how they view themselves.

In a different vein, she investigates the link between meaning and quality. Increasingly, businesses realize they need to build brands that consumers find purposeful and meaningful; yet it is unclear how to put that into practice because it is not known what consumers actually want when they pursue meaningful consumption. Nicole’s research points to a disconnect between what consumers believe meaningful consumption to be and what they actually choose to create meaning. More specifically, although consumers believe that meaningful consumption requires larger upfront investments to reap longer-term benefits, consumers who are pursuing meaning are reluctant to make those investments, thereby choosing low-quality products, because they are sensitive to alternative resources for their time, money, and energy.

Finally, Nicole is committed to improving consumer welfare. Her research introduces simple, effective, and scalable interventions that can improve self-control, sustainable consumption, and consumer saving. She is dedicated to applying her research to help solve real-world problems, sharing her research at conferences and invited seminars, and communicating her findings with the public through mainstream media.

Beyond academia, Nicole is passionate about food and wine, hiking in the mountains, and cultural events.

N I C O L E M EA D Associate Professor of Marketing

Research Areas • Psychology of Money • Meaningful Consumption • Sustainable Consumption • Product and Service Quality • Consumer Welfare

Grant Packard

Manus (Johnny) Rungtusanatham

Grant is Associate Professor of Marketing. Grant brings a combination of more than 10 years of senior marketing management and his academic training at the University of Michigan Ross School of Business (PhD) to the classroom and laboratory. He has held leadership positions at Indigo Books & Music Inc. and Rogers Media (Excite and Yahoo Canada) and consulted for clients in consumer packaged goods, financial services, retailing, online media, and entertainment for communication agencies BBDO Toronto and DMB&B New York. Prior to joining Schulich, he taught at the Lazaridis School of Business at Wilfrid Laurier University and the Rotman School of Management at the University of Toronto. In addition to his PhD at the Ross School, Grant studied at McGill University (MBA) and the University of Colorado (BSc).

Grant has received several awards for his research expertise, including the Marketing Science Institute Young Scholars Award, the Leo Burnett Scholars Grant, and Marketing’s Top 30 Under 30 Award. His work has been published in globally elite managerial and academic outlets, including Harvard Business Review, MIT Sloan Management Review, Journal of Consumer Research, Journal of Marketing Research, Marketing Science and Psychological Science. This work has attracted broad media coverage from the CBC, The Globe and Mail, Scientific American, The Wall Street Journal, and others.

Broadly, Grant’s research advances theory on language, self-concepts, motivation, social perceptions and persuasion. It offers insights for those who want to understand how and why people talk in social media, online reviews, email, and in customer interactions with frontline employees. His most recent publications examined how the use of personal pronouns (e.g., “I”, “you”) by firm agents and in entertainment products (e.g., music, literature) can shift customer attitudes and actual buyer behaviour.

His current work explores a variety of other linguistic features in market contexts, consumer responses to A.I. assisted use of text versus voice, and how the temporal dynamics of marketplace conversations impact satisfaction and purchase outcomes.

Manus (Johnny) Rungtusanatham is Tier 1 Canada Research Chair in Supply Chain Management. Prior to joining Schulich, he was the Fisher College of Business Distinguished Professor of Management Sciences at The Ohio State University. Impressively, Johnny is a 2017 Fellow inductee of the Decision Sciences Institute, as well as a 2015 Dennis E. Grawoig Distinguished Service Award recipient from the Institute. A decorated researcher, he has been recognized with several best-paper awards, including a 2018 best paper award from the Journal of Operations Management. He also excels in the classroom, having received teaching awards from four academic institutions globally. Johnny founded and directed the W. P. Carey MBA – Online Program at Arizona State University and, most recently, completed his term as President of the Decision Sciences Institute. Born in Thailand to parents of Chinese descent, Johnny speaks Thai and two dialects of Chinese (Mandarin and Cantonese), as well as a little French.

In a perfect world, manufacturers engage in “sourcing, making, and delivering” activities to provide products to the right customer with the right level of quality, in the right quantity, and at the right place, right time, and right cost. Johnny’s refers to this as the goal of RIGHT6 . Unfortunately, in a less-than-perfect world, many events can interrupt the physical flow of products across the supply chain.

Johnny seeks to provide theoretically-anchored, managerially-relevant advice to help manufacturers design, manage, and improve their supply chain processes so as to minimize their inability to achieve the goal of RIGHT6 .

Johnny’s latest research interest relates to supply chain securitization involving people, processes, and technology. Supply chain breaches result, for example, in the removal or diversion of goods flowing toward or from a manufacturer (e.g., cargo theft), the introduction of a substitute good (counterfeit) or a second good (contraband) into the physical flow of another good, and/or the contamination of the good that is physically flowing (tampered goods). Johnny is looking forward to identifying organizational capabilities to safeguard against, or to facilitate timely recovery from, supply chain breaches.

MANUS (JOHNNY) R U N G T U SA N AT H A M Professor of Operations Management and Information Systems Canada Research Chair in Supply Chain Management

Research Areas • • • •

Mass Customization Operational Excellence Qualitative Research Supply Chain Securitization • Supply Disruptions

Spotlight on Research 2019 45

New Full Professors Schulich faculty members are leading scholars from the world’s best universities.

Their award-winning research is recognized globally. Two members of Schulich’s faculty have recently been advanced in position from Associate Professor to Professor.

Endowed Chairs and Professorships at Schulich Anne & Max Tanenbaum Chair in Entrepreneurship & Family Enterprise (Established in 1999) EILEEN FISCHER BA & MASc (Waterloo); PhD (Queen’s) Professor of Marketing

Erivan K. Haub Chair in Business and Sustainability (Established in 1993) CHARLES H. CHO BSc, MSc & PhD (University of Central Florida) Professor of Accounting

Markus Biehl

M A RK U S B IE H L Professor of Operations Management and Information Systems

Research Areas • Environmental Management • Social Impact of Management • CSR • Supply Chain Management • Buyer-Supplier Relationships

Markus Biehl is Professor of the Operations Management and Information Systems area. His education, which he completed in Germany, England and the United States, encompasses both management and mechanical/industrial engineering.

Markus is interested in interdisciplinary questions that address real-world problems. His research focuses on the interaction of Information Systems and Operations Management (including global supply chains as a context) and the social and environmental implications of managerial decisions. He has published papers on the choice of ERP systems, the implementation of large-scale information systems and global supply chain risk. Markus started his work on environmental management strategies in the 1990s, when the topic was completely novel, and has since been an active participant in and contributor to the environmental and closed-loop supply chain research community.

For his research, Markus has received numerous best paper awards, and his work has been supported by both NSERC and SSHRC. Markus has consulted with both private firms and government departments regarding environmental and global supply chain issues, and his commentary has appeared in various news outlets.

Markus has served as Schulich’s Associate Dean (AD) Academic and received a York University Merit Award in the AD category, as well as an Administration Award from the Graduate Business Council. He has been the Director of the School’s IMBA program, the Deputy Director of the Haub Program in Business Sustainability, and is a member of the Haub Program’s advisory board. He is the founding faculty advisor of the Supply Chain and Operations Management Club (the York University student chapter of APICS) and looks forward to teaching a new course in Transportation & Logistics to the inaugural Master of Supply Chain Management class in the Fall.

In his free time, Markus speaks or exchanges digital communications with people across the world through his ham radio and serves as a volunteer for the Amateur Radio Emergency Service.

Yuval Deutsch

Y U VA L DE U T S C H Professor of Entrepreneurship and Strategic Management/Policy

Research Areas • Corporate Governance • Corporate Social Responsibility • Entrepreneurial Studies • Executive Compensation • Mergers and Acquisitions

46 Schulich School of Business

Yuval Deutsch is Professor of Entrepreneurship and Strategic Management/Policy. His research interests include corporate governance with a focus on directors’ reputation and compensation, stakeholder theory, and inter and intra organization prosocial behaviours.

Yuval’s work has been published in top academic journals, including the Academy of Management Review, Management Science, and Strategic Management Journal. To more widely disseminate his research findings, Yuval also publishes in practitioner-oriented outlets, such as MIT Sloan Management Review. His work has been profiled in the popular press, including in The Globe and Mail, Toronto Star, and The National Post. Yuval was twice the recipient of the Schulich Fellowship for Excellence in Research, and his research was recurrently funded by Social Sciences and Humanities Research Council (SSHRC) of Canada.

Since joining the Schulich School of Business in 2002, Yuval has taught in the PhD, MBA, and BBA programs, and has been nominated multiple times for the Schulich Award for Teaching Excellence.

In addition, Yuval has taught in executive programs in Europe, North America, and the Middle East.

Yuval holds a BA in Accounting & Economics and an MA in Finance & Banking from the Hebrew University, and a PhD in Strategic Management & Entrepreneurship from the University of British Columbia. Yuval has extensive industry experience and has held a range of management positions.

Prior to pursuing his doctorate, he founded an accounting and consulting firm that provided services to underwriters, as well as guided entrepreneurs through their IPO process. Yuval also founded the first open sea fish farm in Israel.

Bell Media Professorship in Media Management (Established in 2003) TRINA McQUEEN, O.C. BJ (Carleton); Hon LLD (Mount St. Vincent, Carleton, Waterloo) Adjunct Professor of Broadcast Management

Bob Finlayson Chair in International Finance (Established in 2011) KEE-HONG BAE BS & MS (Korea); PhD (Ohio State) Professor of Finance

Canada Research Chair in Entrepreneurial Innovation and the Public Good (Established in 2014) THEODORE J. NOSEWORTHY MBA, MSc (University of Guelph); PhD (Western University) Associate Professor of Marketing Scientific Director of the NOESIS: Innovation, Design, and Consumption Laboratory

Canada Research Chair in Supply Chain Management (Established in 2019) MANUS (JOHNNY) RUNGTUSANATHAM BS (Birmingham-Southern College); PhD (University of Minnesota) Professor of Operations Management and Information Systems

CPA Ontario Chair in International Entrepreneurship (Established in 2011) MOREN LÉVESQUE BSc & MSc (Laval University); PhD (University of British Columbia) Professor of Operations Management and Information Systems

CIT Chair in Financial Services (Established in 1998) JAMES DARROCH BA, MA & PhD (Toronto); MBA & PhD (York University) Associate Professor of Strategic Management / Policy

Export Development Canada Professorship in International Business (Established in 2011) LORNA WRIGHT BA (Wilfrid Laurier); MA (Essex, UK); MIM (Thunderbird); PhD (Western) Associate Professor of Organization Studies and International Business

George R. Gardiner Professorship in Business Ethics (Established in 1992) ROBERT PHILLIPS BSBA (Appalachian State University); MBA (University of South Carolina); PhD (University of Virginia) Professor of Strategic Management / Policy

Henry J. Knowles Chair in Organizational Strategy (Established in 2002) CHRISTINE OLIVER BA (Queen’s); MBA & PhD (Toronto) Professor of Organization Studies

Hewlett-Packard Canada Chair in Corporate Social Responsibility (Established in 2003) DIRK MATTEN Dipl.-Kfm. (Essen, Germany), Dr.rer.pol. & Dr.habil.

(Düsseldorf, Germany) Professor of Strategic Management / Policy

Inmet Chair in Global Mining Management (Established in 2013) RICHARD ROSS BCom (Toronto), CPA Director, Global Mining Management

Jarislowsky-Dimma-Mooney Chair in Corporate Governance (Joint appointment with Osgoode Hall Law School. Established in 2006) EDWARD J. WAITZER LLB & LLM (Toronto) Professor of Strategic Management / Policy

Spotlight on Research 2019 47

Endowed Chairs and Professorships at Schulich (cont’d) Kraft Foods Canada Chair in Marketing (Established in 2004) (Formerly Nabisco, founded in 1985) RUSSELL BELK BS & PhD (Minnesota) Professor of Marketing University Distinguished Research Professor (York University)

Royal Bank Professorship in Nonprofit Management & Leadership (Established in 1997) BRENDA GAINER BA Hons (Alberta); MA (Carleton); MBA (Maine); PhD (York University) Associate Professor of Marketing

Newly Funded Research Projects Schulich researchers continue to successfully secure funding from Canada’s federal Tri-Council granting agencies, the major source of research and scholarship funding for Canadian universities. Schulich researchers predominantly receive funding from the Social Sciences and Humanities Research Council (SSHRC). In the last year, Schulich had a phenomenal year in acquiring external funding. Particularly, our SSHRC results, were most impressive.

We recorded a remarkable eighty-six percent success rate across all competitions. We proudly

Newmont Mining Chair in Business Strategy (Established in 2003)

Scotiabank Professorship in International Business (Established in 1998)

JUSTIN TAN

ANOOP MADHOK

BBA (Tianjin, China); MA (Kansas); PhD (Virginia Tech) Professor of Strategic Management / Policy

BCom (Calcutta, India); MBA (Cincinnati); MA (Johns Hopkins); PhD (McGill) Professor of Strategic Management / Policy

Nigel Martin Chair in Finance (Established in 1996) ELIEZER Z. PRISMAN BA (Hebrew, Israel); MSc & DSc (Technion, Israel) Professor of Finance

Ontario Research Chair in Economics & Cross Cultural Studies: Public Policy and Enterprise Competitiveness (Established in 2005) DOUGLAS J. CUMMING BCom Hons (McGill); MA (Queen’s); JD & PhD (Toronto); CFA Professor of Finance and Entrepreneurship

N S E R C D I S C OV E RY G R A N T

Mathematical Models for Performance Measurement and Benchmarking in Organizations Principal Investigator: Wade Cook

LILIAN NG BBA (National University of Singapore); MBA (Binghamton, NY); PhD (Pennsylvania) Professor of Finance

Timothy R. Price Chair in Real Estate & Infrastructure (Established in 2016) JIM CLAYTON BA Honours (Queen’s University); MA (Western University); PhD (University of British Columbia) Professor of Real Estate and Infrastructure

York Research Chair in Stigmatization and Social Identity (Established in 2019)

PREET S. AULAKH

BRENT LYONS

BSc & MA (Panjab, India); PhD (Texas-Austin) Professor of Strategic Management / Policy and International Business

BSc (Queens University); MA (Michigan State University); PhD (Michigan State University) Assistant Professor of Organization Studies

Richard E. Waugh Chair in Business History (Established in 2003; Re-named in 2016)

Tanna H. Schulich Chair in Strategic Management (Established in 1996)

MATTHIAS KIPPING

DEZSÖ J. HOR VÁTH, CM

MA (Paris-Sorbonne, France); MPA (Harvard University, USA); D.E.A. (EHESS, France); Dr. phil. (University of Munich, Germany) Professor of Strategic Management / Policy

Electrical Eng (Malmö, Sweden); MBA & PhD (Umeå, Sweden) Dean, Schulich School of Business Professor of Strategic Management / Policy

CHAIRS PENDING

Ron Binns Chair in Entrepreneurship (Established in 2010)

Ann Brown Chair of Organization Studies

GEOFFREY KISTRUCK

CIBC Professorship in Financial Services (Established in 1994)

48 Schulich School of Business

Tri-Council Awards

Scotiabank Chair in International Finance (Established in 2013)

Pierre Lassonde Chair in International Business (Established in 1997)

BA (Western); MBA (McMaster); PhD (Western) Associate Professor of Entrepreneurial Studies

present some of the interesting work that is being conducted from our researchers.

(Established in 2010)

Gordon Charlton Shaw Professorship in Management Science (Established in 2003)

WA D E C O O K University Professor Emeritus of Operations Management and Information Systems

The proposed research is aimed at developing decision support tools for modelling performance and identifying best practice (benchmarks) in organizations. A typical example is one where an organization such as a bank wishes to determine its best performing (efficient) branches, thereby setting targets for improvement of those (inefficient) units that are not on the “frontier” of best performers. The mathematical model structure to be used in this regard is data envelopment analysis (DEA) as proposed by Charnes et al (1978). In the DEA setting, each decision-making unit (DMU) is described by a set of inputs and outputs.

Utilizing these input/output profiles, the DEA methodology generates an efficiency score for each (DMU) under evaluation and provides information as to how inefficient DMUs would operate if projected to the efficient frontier. The proposed research program examines some of the major issues that have arisen over the preceding four decades in applying DEA in real world settings. In particular, the research examines problems wherein DMUs (e.g., bank branches) operate in non-homogeneous environments and where those units may not be able to operate independently of one another.

SSHRC INSIGHT DEVELOPMENT GR ANT

Labour Force Demographics and Economic Resiliency: Evidence from Foreign Competition Shocks and Implications for Canada Principal Investigator: Ambrus Kecskés

A M B R U S K EC SK ÉS Associate Professor of Finance

Trade volumes account for a substantial proportion of economic output in many countries, so even small shocks to foreign trade can have a big impact on the economy. For firms and workers in industries that compete with imports, the competitive pressure from foreign trade can be fierce, particularly when it comes to wages and jobs. Younger, more innovative workers could cushion the blow of foreign trade shocks, but, as countries age, such workers are becoming increasingly scarce throughout the world. This depresses the resiliency of the domestic economy to foreign trade shocks.

Ambrus’ research, on which he is working jointly with fellow scholar Phuong-Anh Nguyen, also at York University, will use newly available statistical methods to cleanly document this issue. First, they argue that younger workers have various characteristics that make it easier for them to reinvent themselves in the event of economic shocks. Therefore, younger workers, through the firms for which they work, make the domestic economy more resilient to foreign trade shocks. They will then show empirically this increased resiliency by studying corporate growth, as captured by performance and investment. Their key message, for policymakers and society more broadly, is that innovative labour markets are also flexible and beneficial for society as a whole.

Spotlight on Research 2019 49

Newly Funded Research Projects (cont’d)

E L A V ER E S IU Assistant Professor of Marketing

SSHRC INSIGHT DEVELOPMENT GR ANT

SSHRC INSIGHT GR ANT

Female Empowerment: Older Women, Social Media, and the Ageist Fashion Industry Principal Investigator: Ela Veresiu

Social Impact Measurement and Accountability for Results in the Field of Homelessness Principal Investigator: Cameron Graham

How does aging impact female consumers’ identities? How do the fashion and beauty industries influence female shoppers’ perceptions of aging? How does social media affect women’s relationship to aging, beauty, and style? These questions have been on the agenda of feminist and marketing scholars for decades, it is nonetheless necessary to revisit them, especially in light of new marketplace developments. For example, since 2008 a new online fashion movement referred to as Advanced Style has inspired regular women over 50 to create their own Instagram accounts focusing on their personal aging and style journeys. The overall objective of Ela’s research is to understand the Advanced Style movement’s impact on North American marketing, media, economy, culture, and society. Specifically, to 1) examine how Advanced Style Instagram influencers operate online and offline, 2) investigate how they influence the North American multibillion-dollar fashion and beauty industries, 3) offer practical strategies for social media marketing professionals and personal branding, and 4) assess their impact on broader social and cultural understandings of gender, aging, beauty, and style.

C A M ER O N G R A H A M Professor of Accounting

SSHRC INSIGHT GR ANT

Cameron’s research examines how social impact measurements are used to hold nonprofit organizations accountable to stakeholders. Unlike for-profit companies, nonprofit organizations cannot rely on standard financial statements to convey their results. Studying how nonprofits develop and use social impact measurements requires investigating the relationship between performance measurement and causal models of the underlying social issue.

Homelessness is one of the most visible manifestations of poverty in Canada. It is never clear when a particular homelessness initiative can be judged to be successful, because the measurable outcomes may be the result of changes in other policy areas. It is not even clear when a homelessness initiative has unintended negative consequences, because targeted individuals may “disappear from the radar” and end up in other programs or even other jurisdictions.

This complexity has spurred innovation in social impact measurement around homelessness, and in the use of social impact measurements to drive new contingent funding arrangements, such as social impact bonds. Studying how homelessness organizations create and implement social impact measurements, and how they integrate them into financial reporting, will extend our knowledge of how all organizations can be held accountable for their impact on society.

Immigrant Labour Force Demographics and Canadian Economic Prosperity Principal Investigator: Ambrus Kecskés

A M BR U S K E C S K É S Associate Professor of Finance

In virtually every developed country, the effect of immigration on the economy is greatly debated. Labour is arguably the most significant competitive advantage in the global knowledge economy, comprising about half of total economic output. Yet economists have only the most rudimentary understanding of how the characteristics of immigrants affect the firms to which they supply their labour.

Building on prior work in labour and finance, this research will broadly examine how economic growth, as captured by various aspects of corporate investment and innovation, is impacted by key immigrant labour force demographics that are arguably the most important drivers of productivity. Using sophisticated econometric techniques, they plan to demonstrate, for example, that larger and more diverse immigrant labour forces result in more investment and innovation by the firms that employ them.

In turn, we expect that our findings will highlight the importance of improving education and training, and they will identify the demographics of immigrants that most strongly impact individual firms as well as aggregate economic output.

SSHRC INSIGHT DEVELOPMENT GR ANT

Towards a More Comprehensive Understanding of Platform Businesses: A Market Attribute-based Organizing Framework Principal Investigator: Anoop Madhok

ANOOP MADHOK Professor of Strategic Management/Policy; Scotiabank Chair in International Business and Entrepreneurship

The increasing prevalence of platform-based firms in a number of sectors in today’s economy has attracted interest from scholars, practitioners and policy makers. In 2018, seven of the top ten companies in terms of market capitalization were platform-based firms, such as Alphabet, Apple and Amazon.

Although different types of platforms have distinct value propositions, platform architectures and ecosystem configuration, and accordingly need to be managed differently, we do not have a good understanding of why platforms take different forms and under what conditions they are likely to succeed. Anoop’s research team systematically examines (i) reasons for the proliferation of platforms despite associated risks and uncertainties; (ii) factors that limit the size and scope of platforms; and (iii) characteristics of different types of platforms that result in high growth.

SSHRC INSIGHT DEVELOPMENT GR ANT

Big Data, Social Network Analysis, and the Financial Markets Principal Investigator: Gregory Saxton

G R E G ORY S A X T ON Assistant Professor of Accounting

50 Schulich School of Business

Networks are everywhere: lunch ties among co-workers, golfing partnerships among employees, inter-locking board-of-director connections, Facebook friendship ties, etc. Each network varies in terms of its structure – its size, how inter-connected network members are, and the prevalence of sub-groups and cliques. At the same time, within any given network, some network members will have a more important, more central position on account of their greater number of connections or their capacity as “bridges” connecting members of different network cliques. The logic of network structure and position is at the heart of what is known as social network analysis, and Gregory’s project applies this logic to the study of the stock market. Leveraging Big Data, he will study how characteristics of stock-focused discussion networks on Twitter influence the flow and spread – and thus the market impact – of information communicated in these discussion networks.. His research will examine whether these network characteristics influence investor profits around quarterly company earnings announcement events.

SSHRC INSIGHT GR ANT

Concentrated Product Markets and their Implications Principal Investigator: Yelena Larkin

Y EL EN A L A R K I N Assistant Professor of Finance

The research of Yelena builds on the remarkable fact that over the past 20 years, U.S. markets have become more consolidated: A handful of “superstar” giants are now the key players in the economy, and smaller firms are being swallowed up by larger competitors through a wave of mergers and acquisitions.

Many policy makers around the globe believe that dominance by a few firms is detrimental. For example, the four tech giants have become the target of scrutiny by the governments of the U.S. and France, as well as the European Union. At the same time, Canada is at the opposite end of the spectrum, holding a lax view of merger regulation policy and product market competition in general.

Yelena’s research aims to address this issue by assessing the consequences of the puzzling dominance by large firms for consumers, suppliers, employees, and study the relevance of consolidation phenomenon to Canadian markets and other economies outside the United States.

Spotlight on Research 2019 51

Newly Funded Research Projects (cont’d)

J U S T I N TA N Professor of Strategic Management/Policy; Newmont Mining Chair in Business Strategy

SSHRC INSIGHT GR ANT

SSHRC INSIGHT GR ANT

Impact of Firm Learning on Organizational Capabilities: The Case of Canadian Rail Transportation Equipment Industry in China Principal Investigator: Justin Tan

Moral Identity Symbolization in Organizations: Mechanisms and Consequences Principal Investigator: Luke Zhu

The research is set in the high speed train industry in China, where the leading Canadian manufacturer Bombardier and its Canadian suppliers, along with other multinational companies, have maintained an extensive cooperative network with its Chinese competitors and built a major strategic presence.

Currently Bombardier has an extensive network of strategic alliances with a number of Chinese firms and research institutes, who not only compete with Bombardier and its Canadian suppliers in Chinese market but also overseas, and a lack institutional protection for intellectual property right has resulted in suspected IP violation. Given the significance to academic research and to vital Canadian economic interest, improved understanding about this phenomenon is much needed.

SSHRC INSIGHT GR ANT

L U K E ZH U Associate Professor of Organization Studies

Other External Grants

Envy Impacts Career Relevant Performance Through Future Selves and Motivated Cognition Principal Investigator: Chris Bell

C H R I S B E LL Associate Professor of Organization Studies

Broadly speaking, envy can take two forms. Benign envy motivates emulation of the envied person, proactive performance, and ambitious goal setting; malicious envy, besides being hostile, can sabotage the person’s own performance through an aversion to self-reflective improvement, withdrawal from performance, and setting of vague or superficial goals. Chris has found that malicious envy is negatively related to assessments of future goal potential and the vividness of an imagined future possible work self. By eroding future self imagery, malicious envy negatively impacts career decision making, selfefficacy, and proactive career behaviours. Chris has also found that malicious envy is associated with superficial rather than deep learning strategies, evidence of a motivation to avoid reflective thought.

Maintaining the envying person’s positive self-image and potential for achievement has valuable implications not just for the individual but the individual’s families and employers.

Conventional wisdom and empirical research suggest that highly virtuous people can elicit polarizing responses from those around them. On the one hand, exposure to virtual signalers can motivate observers to behave in prosocial and benevolent ways. On the other hand, people also perceive virtual signalers as humorless and less likeable, as reflected by common idioms such as “come down from your high horse” and “don’t be a goody two-shoes”, implying that virtual signalers may also elicit negative reactions from others. This research seeks to systematically understand how employees perceive virtual signalers in the workplace and understands the downstream consequences of these perceptions. To this end, we differentiate virtual signalers into proselytizers and non-proselytizers and examine the reactions associated with signaler type. We propose that the type of signalers employees meet and interact with at work can influence their work performance.

M I TAC S AC C E L E R AT E

An Investigation of Canadian Companies’ Orientations towards Modern Slavery and Extreme Human Exploitation in Global Supply Chains Principal Investigator: Mike Valente

M I K E VA L EN T E Associate Professor of Organization Studies and Business Sustainability

Mike, and PhD candidate Kam Phung, explores social issue emergence and dormancy within businesses by empirically examining businesses’ orientations toward the issue of modern slavery in the global supply chains. Our understanding of why certain social issues remain dormant within organizations while others emerge and gain attention, beyond the business case argument, remains limited. This project focuses on issues of modern slavery and human exploitation in supply chains in a period when jurisdictions around the world are increasingly implementing legislation concerning due diligence and transparency surrounding modern slavery and other human rights issues in supply chains. Moreover, as Canada and other jurisdictions consider similar legislation, this research has important implications for practitioners and policy makers focused on addressing issues such as supply chain transparency and modern slavery.

SSHRC INSIGHT GR ANT

Relative Importance of Country-level Institutions for Financial Decisions Principal Investigator: Kiridaran Kanagaretnam

KIRIDARAN K A N A G A R E T NAM Professor of Accounting

52 Schulich School of Business

High-profile market failures in the last two decades were followed by swift governance and regulatory reforms. These US -initiated reforms were quickly adopted in other countries. However, it is not clear whether all countries benefit equally from adopting these changes. Kiridaran hypothesizes that the need for and the effectiveness of new regulations vary across countries with different country-level informal, formal and governance institutions.

He plans to develop a comprehensive theoretical framework and methodology on the relative importance of institutions and then focus on two managerial decisions: excessive risk-taking by banks and corporate tax evasion. This research will make important contributions to the literature and practice.

For example, it should be of interest to bank regulators and tax policymakers concerned about excessive bank risk-taking and threats to fiscal stability. This research will also shed light on the role of formal and informal institutions in constraining tax evasion, and the extent to which informal institutions can serve as substitutes to more formal institutions and governance mechanisms.

ONTARIO CENTRE OF EXCELLENCE

• Meeting Changing Customer Requirements in Food and Agriculture Through Application of Blockchain Technology • Exploring Application of Blockchain Technologies for Managed Investing Principal Investigator: Henry Kim

H EN RY K I M Associate Professor of Operations Management and Information Systems; Co-Director, BlockchainLab

The projects listed above that Henry has been involved in as director of blockchain.lab entail investigating how blockchain technologies can be used to strengthen the competitive position of Canadian SME’s in a variety of industries. Blockchain technologies enable a synchronized ledger (of debits/credits, who owns what) to be held by many stakeholders, rather than one intermediary. It is useful in situations when an intermediary is inefficient (e.g., some banking processes), corrupt (e.g., some developing world governments), overly expensive (e.g., credit card companies), or doesn’t really exist (e.g., for farm-to-fork food tracking). Henry and his team collaborated with Nuco Networks, a pioneering blockchain startup based in Toronto, on combining AI and blockchain technologies. They investigated applying blockchain technologies for tracking Ontario fruit (Accu-Label) and dairy (Ministry of Agriculture). They conducted a similar feasibility study for Sigma Analysis, an asset management firm in finance.

Spotlight on Research 2019 53

Schulich Research Fellowship Recipients The Schulich Fellowship in Research Achievement is awarded annually to a small number

Ela Veresiu

of Faculty members at the Schulich School of Business. These fellowships provide release time from teaching, as well as funds to support research. The intention of these awards is to free up research time, and thus enhance the holder’s research productivity.

Yigang Pan

Y I G A NG PA N Professor of Marketing and International Business

Yigang Pan’s research examines the impact of social movements that arise from the tensions between countries on firms’ international business activities. Through the theoretical lens of informal institutions, his research team hypothesizes that firms are more likely to curtail their business activities with a target foreign country when firms are subject to an intense animosity against that foreign country in the aftermath of a social movement. They hypothesize that firms’ state ownership and network connectivity also play a moderating role. Empirically, they have analyzed the 2012 anti-Japanese protests in China.

Yigang’s team applies the difference-in-difference (DID) method in analyzing a panel data of Chinese listed firms between 2008 and 2015. The results provide robust support for the three hypothesized three-way interactions. This study offers valuable insights on the role of social movements as informal institutions in international business.

This Schulich fellowship will allow Yigang to focus on a project looking at the innovation behaviour of firms in China. One argument from the U.S. in the trade war with China is that Chinese firms steal technologies from US companies. However, many Chinese firms have increased their efforts in innovation in recent years and some of them have acquired a similar amount of patents as leading US firms in recent years. In collaboration with colleagues in China, Yigang is working on a project that focuses on the innovation and branding activities of listed firms in China. To date, the researchers have surveyed over 300 listed firms in China.

EL A V ER ESI U Assistant Professor of Marketing

Linda Thorne

Albert Tsang

A L BE RT T S A N G Associate Professor of Accounting

54 Schulich School of Business

Awareness of the importance of corporate social responsibility (CSR) performance to firm value has grown over the last two decades. In response, there has been a worldwide call from regulators and investors for management disclosure that integrates financial and non-financial information. Following this call, in recent years, a growing number of companies have thus voluntarily released environmental and social information in their annual reports to demonstrate their commitment to integrated reporting (IR).

Proponents of IR assert that such reporting facilitates more effective communication with investors about firms’ non-financial performance, and leads to better internal decision-making through integrated reporting, which increases firm value. Opponents of IR, however, argue that the disclosure of CSR information in annual reports may have an adverse effect on firm value. Following these views, the literature has primarily examined how providing IR can directly affect shareholder value. Consistent with these competing views of IR, studies of the relationship between IR and capital market consequences have provided mixed results.

Given the limited understanding of the effects of IR practices, a more thorough examination is thus required concerning: (1) how pervasive IR practices are globally, (2) whether and how IR matters to investors, (3) factors affecting the role of IR practices across firms/countries, and (4) determinants of firms’ voluntary IR practices. Based on a large sample consisting of more than 20,000 observations from 42 countries in 2002 –2013, Albert’s research team examines all of these issues in this study.

Is 80 the new 20? A group of women over 50 known as the Glamorous Grandmas of Instagram, Accidental Icons, or Ageless/Advanced Style Influencers, are taking the ageist North American social media, fashion, and beauty industries by storm. It all started in 2008 when Ari Seth Cohen, a young New York-based photographer, pioneered the Advanced Style movement by curating a blog, an Instagram account, a book, and a documentary film featuring ordinary fashionable older women from ages 50 and above. These art projects inspired more senior women to create their own accounts on the free, online photo-sharing social network platform called Instagram detailing their personal styles and aging journeys. Today, some of them have become Instagram influencers - ordinary users who have an established credibility and audience, and therefore can monetize their following through brand collaborations, appearances, and advertisements.

Schulich’s Research Fellowship allows Ela to study, develop new theory, and provide practitioner tools based on this novel social media marketing case: Advanced Style Instagram Influencers. Along with collecting online archival and netnographic data, she will conduct semi-structured, in-depth interviews with Instagram influencers and other stakeholders (e.g., fashion bloggers, photographers, journalists, magazine editors, brand managers, fashion boutique owners, modelling agencies, etc.) in Toronto, Montréal, and New York City. These cities were selected since New York is where the movement started, and Toronto and Montréal are the most fashionable cities in Canada.

This research project has the potential to change the global ageist fashion, beauty, and social media marketing industries from the bottom up. Furthermore, it has the potential to empower not only current, but more importantly, future generations of young girls and women to embrace body positivity, healthy self-esteem, and aging happily.

LINDA THORNE Professor of Accounting

Linda plans to develop a research program to study the influence of technology on professional accountants’ ethical decision making. It has been estimated that by 2030, between 40 and 90 percent of all accounting functions will be replaced by technology. While the adoption of technology has been shown to increase accuracy in decision making and decrease costs of processing, very little is known about how technology influences the ethical aspect of accountants’ professional judgment.

The ethical aspect of professional judgment is employed to resolve decisions that involve trade-offs between decision alternatives that cause benefits to one party and harm to others. Many decisions addressed by professional accountants do not have a unique “correct” answer, but rather involve the weighing of potential outcomes that may include both benefit and harm to various parties. While it remains to be determined how technology will influence the resolution of accountants’ ethical decision making, insights may be derived from psychology research that shows that the outcomes presented by technology tend to be followed without question as individuals defer to the solutions presented by technology regardless of context or nuance. Further, there are some indications that the adoption of technology may hamper learning, and as a result, the identification of ethical issues may be repressed.

Accordingly, the objective of this new research program is to determine if the interpretive and intuitive nature of ethical reasoning may be crowded out if accountants excessively rely on technology.

This research program will involve three steps: The first step will be the identification of the extent and the scope by which professional accountants are currently relying upon technology in their exercise of ethical decision making. The second step will involve a review of the literature with the purpose of developing theory/predictions of the influence of technology on the ethical aspect of accountants’ professional judgment. The third step will use an experiment to examine two concerns – the repression of professional accountants’ identification of ethical issues resulting from technology, and professional accountants’ abdication of responsibility for ethical decision making in the presence of technology.

Spotlight on Research 2019 55

Schulich Research Fellowship Recipients (cont’d)

MEDIA, BOOKS & JOURNALS

Yelena Larkin

Y E L E NA L AR K IN Assistant Professor of Finance

Yelena’s research falls in the area of empirical corporate finance, one of the core finance fields. Her research interests specifically revolve around two topics: product markets and intangible capital, on the one side, and financial and investment policy on the other side. She is particularly interested in the interaction between the two areas, and is trying to find answers to the following question: How does the nature of the firm production environment affect financial and investment decisions?

The fellowship will allow Yelena to work on her current research program funded by SSHRC that builds on the remarkable fact that over the past 20 years, US markets have become more consolidated.

A handful of “superstar” giants are now the key players in the economy, and in August 2018, Apple Inc. became the first company in the world to exceed $1 trillion in market capitalization. At the same time, smaller firms are being swallowed up by larger competitors through a wave of mergers and acquisitions, and over the past two decades, US corporations have been merging at a previously unseen pace.

What are the consequences of this trend? Many policy makers around the globe believe that dominance by a few firms is detrimental to consumers. For example, by April 2019, Alphabet Inc’s Google has received its third fine from the European Commission for creating barriers to entry in the market for online search advertising. This opinion has been recently echoed on the other side of the Atlantic Ocean, when the four tech giants have become the target of new scrutiny from the US government. At the same time, Canada’s Competition Bureau is at the opposite end of the spectrum, holding a lax view of merger regulation policy and product market competition in general.

Despite the significance of the question, little academic research has been conducted to understand the origins and consequences of the recent product market consolidation in the US and around the world. Yelena’s research aims to fill this gap by assessing the consequences of the puzzling dominance by large firms for consumers, suppliers, and employees. In addition, she studies the relevance of the consolidation phenomenon to Canadian markets and other economies outside the United States.

Ambrus Kecskés

A M BR U S K E C S K É S Associate Professor of Finance

56 Schulich School of Business

In his research, Ambrus empirically tackles the subject of technology spillovers, which have previously been shown to increase corporate innovation, productivity, and value. Using a comprehensive sample of publicly traded firms, he studies how firms finance their own investment and growth stimulated by technology spillovers from their technological peer firms. He predicts that greater technology spillovers lead to higher leverage because technology spillovers increase the redeployability of corporate assets and thus their collateral value.

Ambrus also studies how these technology spillovers, relevant as they are to firm value, affect the corporate information environment. Technology spillovers increase the complexity and uncertainty of value-relevant information about the firm, which makes information processing more costly, discourages it, and thereby increases information asymmetry between managers and investors. His prediction is that not only does information asymmetry increase, but institutional ownership and analyst coverage both decrease, while uncertainty increases. To perform his empirical analysis, Ambrus relies on exogenous variation in the R&D tax credits of other firms to identify the causal effect of technology spillovers on a given firm.

1478

1/3

Journal publications

More than one-third

since 2009

of all articles published in 2019 were in the Financial Times 50 Journals

82 Visiting professor/ scholar appointments in 26 countries since 2011

86% Success rate in SSHRC funding applications in 2018 –2019

91% Percentage of articles published in collaboration with international researchers (2018 –2019)

174

120 Books published since 2009

Academic honours since

38%

2010, including Best Paper,

Increase in SSHRC/

Best Editor, Best Reviewer,

NSERC funding between

and various book awards

2017 –2018 and 2018 –2019

Spotlight on Research 2019 57

Media Mentions In addition to regularly publishing their research in traditional academic outlets, Schulich This section showcases op-eds written by Schulich faculty members, media coverage of their

Kim, Henry, Associate Professor of Operations Management and Information Systems and Co-Director, BlockchainLab, was quoted in the article “Where AI could take the classroom,” published in The Globe and Mail on November 4, 2018.

Matten, Dirk, Professor of Strategic Management/Policy and Hewlett-Packard Chair in Corporate Social Responsibility, was quoted in the article “Nestlé, Tim Hortons named Canada’s top plastic polluters,” published in CBC News on October 11, 2018.

groundbreaking research, and trending news features that contain substantial coverage

“It’s still important to get a bunch of people together, to have

“Greenpeace’s report could influence organizations like

faculty members contribute to mainstream media outlets as leading experts in their fields.

of their views as industry experts.

discussions and for professors to talk with their Master’s and

governments and universities in their purchasing decisions.

PhD students. Education is meant to be inherently social.”

To the corporations, I would say don’t fight it. Collaborate, address this constructively.”

Belk, Russell, Professor and Kraft Foods Canada Chair in Marketing, was quoted in the op-ed “Who deserves a Christmas GIF?” published in The Sydney Morning Herald on December 21, 2018.

“Social media has also had a huge impact on gift giving during celebrations and particularly in China, where it’s possible to augment your WeChat with virtual hong bao, a digital transfer of festive funds, particularly at Lunar New Year.”

Fischer, Eileen, Professor of Marketing, Anne & Max Tanenbaum Chair in Entrepreneurship and Family Enterprise, and Director of the PhD Program, was quoted in the article “Eight reasons your new business might be failing,” published in The Globe and Mail January 25, 2019.

“If you start without sufficient funding or can’t acquire sufficient funding early on, you may be destined to go out of business because you don’t have enough fuel to keep it running while you build up your clientele.”

Larkin, Yelena, Assistant Professor of Finance, was quoted in the article “Nonprofit Study Charts Rising US Corporate Concentration,” published in Nonprofit Quarterly on November 27, 2018.

“Our evidence indicates that the trend of increased competition across US industries has reversed in the past two decades. Markets have become more concentrated, and

McKellar, James, Professor of Real Estate and Infrastructure, was quoted in the article “This condo developer collected millions in deposits – and hasn’t built anything,” published in The Hamilton Spectator on September 27, 2018.

“There should be penalties for developers who can’t deliver.

People are paying the price for this exuberant industry, this is

profit margins have increased proportionally to the increase in

why governments have to step in.”

industry concentration.”

Bell, Chris, Associate Professor of Organization Studies, was quoted in the article “Simons Raises Minimum Wage To $16 In Quebec,” published in Huffington Post on October 29, 2018.

“Being able to provide for the employees and make sure that they’re able to support themselves, it creates loyalty and a commitment to the organization. But also just in terms of the market, it gives you a greater capability to hire in the best people, train them up, and keep them.”

Kamstra, Mark, Professor of Finance, was quoted in the article “This bad lifestyle choice can do serious damage to your investments,” published in MarketWatch on December 23, 2018.

“Stock market returns are significantly below normal, on average, on the Mondays following shifts to daylight-saving time. We have all struggled through a day after a poor night’s sleep, weighed down by weariness, fighting lethargy, and perhaps even facing despondency.”

Eberlein, Burkard, Professor of Strategic Management/Policy, was quoted in the article “Canadian governments are bad investors,” published in MoneySense December 3, 2018.

“Can the government ever close a plant? Can they decide to enter new markets like electric cars? They make themselves very vulnerable, and it can get expensive.”

Lazar, Fred, Associate Professor of Economics, was quoted in the article “Air Canada employee says staff trained to ‘dupe’ passengers at risk of being bumped from oversold flights,” published in CBC News on February 10, 2019.

Middleton, Alan, Distinguished Adjunct Professor of Marketing and Executive Director, Schulich Executive Education Centre, was quoted in the article “Frontman as pitchman: Galen Weston Jr. tops CEO poll despite some bad news at his companies,” published in the Financial Post on November 8, 2018.

“Top-tier passengers are the most valuable. So the airline will

“Most consumers like the idea that corporations have a person

bend over backwards to accommodate them, even if it means

that they can touch and relate to in charge. What people

bumping some basic economy passengers from the airline and

respond to badly about leaders in corporations generally is

enduring the bad publicity for a short time.”

the facelessness and then all the stories about high pay and all the rest of it.”

Kecskés, Ambrus, Associate Professor of Finance, was quoted in the article “How SNC-Lavalin became a stock only an analyst could love,” published in Financial Post on March 15, 2019.

“Retail investors, I think, are generally fooled by what’s going on. The institutional investors are wise to this.”

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Spotlight on Research 2019 59

Media Mentions (cont’d)

Milevsky, Moshe, Professor of Finance, was quoted in the article “Should You Invest in Annuities?” published in Forbes on May 22, 2019.

“There is a magical, secret ingredient, a secret sauce, inside an annuity that can’t be replicated by other retirement products.

There is almost a consensus in the ‘ivory tower’ that annuities make sense for the consumer.”

Books

Wolf, Bernard, Professor Emeritus of Economics and International Business, was quoted in the article “GM closure announcement leaves Oshawa bracing for ‘big emptiness’” published in CTV News on November 26, 2018.

“It’s the bottom line, ultimately, that counts. If GM has figured in terms of its world configuration that it doesn’t have a

The Research Office takes pride in presenting the accomplishments of our faculty members in the form of books and book chapters. Schulich researchers are conducting top-calibre research and have achieved recognition for business education and scholarship on the international stage.

product for that plant, I don’t think there’s terribly much they can do.”

Packard, Grant, Associate Professor of Marketing, had his paper “(I’m) Happy to Help (You): The Impact of Personal Pronoun Use in CustomerFirm Interactions,” featured in The Globe and Mail on August 8, 2018.

“Personal pronouns are like the social currency of language.

We theorized that they should signal who is the focus, and who

Wright, Lorna, Associate Professor of International Business and Organization Studies, and Export Development Canada Professor in International Business, was quoted in the article “Trudeau lays down challenge to companies in bid to boost trade with Asia,” published in CTV News on November 13, 2018.

is engaged (or not) in a social interaction.”

“With Canada blowing hot and cold – this year we’re there, next year we’re not, economy goes down in the U.S. (so) we go to Asia, the economy gets back up in the U.S. and we head back out again – that doesn’t cut it.”

Veresiu, Ela, Assistant Professor of Marketing, was quoted in the article “Yorkdale dreams up Insta-worthy spaces,” published in Strategy on June 25, 2019.

relatively little dollars spent on the actual pop-up.”

Edited by: Samantha Cross, Cecilia Ruvalcaba, Alladi Venkatesh, and Russell W. Belk Hardcover: 232 pages Publisher: Emerald Publication Year: 2018 ISBN-10: 1787439070 ISBN-13: 978-1787439078

“It increases their exposure online because people tag their location and it leads to increased in-store foot traffic for

Consumer Culture Theory: Research in Consumer Behavior, Vol. 19

Gifts, Romance, and Consumer Culture

Dualities, Dialectics, and Paradoxes in Organizational Life

Strategic Management: Creating Competitive Advantages (5th Edition)

Edited by: Moshe Farjoun, Wendy Smith, Ann Langley, and Haridimos Tsoukas

By: Gregory Dess, Gerry McNamara, Alan Eisner, Theodore Peridis, and David Weitzner

Hardcover: 240 pages Publisher: Oxford University Press Publication Year: 2018 ISBN-10: 0198827431 ISBN-13: 978-0198827436

Paperback: 448 pages Publisher: McGraw-Hill Ryerson Publication Year: 2018 ISBN-10: 1259275841 ISBN-13: 978-1259275845

The Routledge Companion to Behavioural Accounting Research

Consumer Culture Theory: Research in Consumer Behavior, Vol. 20

Edited by: Theresa Libby and Linda Thorne

Edited by: Domen Bajde, Dannie Kjeldgaard, and Russell W. Belk

Business Ethics: Managing Corporate Citizenship and Sustainability in the Age of Globalization, 5th Edition

Hardcover: 520 pages Publisher: Routledge Publication Year: 2018 ISBN-10: 1138890669 ISBN-13: 978-1138890664

Hardcover: 216 pages Publisher: Emerald Publication Year: 2019 ISBN-10: 1787542866 ISBN-13: 978-1787542860

Edited by Yuko Minowa and Russell W. Belk Hardcover: 282 pages Publisher: Routledge Publication Year: 2018 ISBN-10: 1138500704 ISBN-13: 978-1138500709

Zwick, Detlev, Associate Professor of Marketing and Associate Dean, Academic, was quoted in the article “How I got better service from Bell – for now,” published in The Globe and Mail on February 1, 2019

“In the age of Big Data, other companies are starting to follow the lead of these industries, analyzing long- and short-term spending habits to finely parse just how valuable individual customers are to the bottom line, then offering Waitzer, Edward, Professor of Strategic Management/Policy and Jarislowsky Dimma Mooney Chair in Corporate Governance, contributed an op-ed “How the courts can help in the climate change fight,” featured in The Globe and Mail on December 17, 2018.

service accordingly.”

“It has been projected that the 60 fastest-growing sustainable market opportunities relating to the Sustainable Development Goals could generate revenues and savings of US$12-trillion by 2030 and create about 380 million jobs.”

Rethinking the Theory of Money, Credit, and Macroeconomics: A New Statement for the Twenty-First Century By: John Smithin Hardcover: 258 pages Publisher: Lexington Books Publication Year: 2018 ISBN-10: 1498542816 ISBN-13: 978-1498542814

60 Schulich School of Business

By: Andrew Crane, Dirk Matten, Sarah Glozer, and Laura Spence Paperback: 656 pages Publisher: Oxford University Press Publication Year: 2019 ISBN-10: 0198810075 ISBN-13: 978-0198810070 Spotlight on Research 2019 61

Books (cont’d)

Book Chapters

F O RT H C O M IN G Asian Connections: Linking Mobilities of Capital and Labour

History in Management Research: From Margin to Mainstream

Edited by: Preet S. Aulakh and Philip Kelly

By: Matthias Kipping and Behlül Üsdiken

Publisher: Cambridge University Press

Publisher: Routledge

Consumption: A Key Business Idea Longevity Insurance for a Biological Age

The Cambridge Handbook of Stakeholder Theory

By: Moshe A. Milevsky

Edited by: Jeffrey S. Harrison, Jay B. Barney, R. Edward Freeman, and Robert A. Phillips

Paperback: 132 pages Publisher: Independently published Publication Year: 2019 ISBN-10: 1790658268 ISBN-13: 978-1790658268

Hardcover: 300 pages Publisher: Cambridge University Press Publication Year: 2019 ISBN-10: 1107191467 ISBN-13: 978-1107191464

By: Russell W. Belk Publisher: Routledge

Handbook on the Sharing Economy Edited by: Russell W. Belk, Giana Eckhardt, and Fleura Bardhi

Paperback: 108 pages Publisher: Cambridge University Press Publication Year: 2019 ISBN-10: 1108468233 ISBN-13: 978-1108468237

Edited by: Kristen M. Shockley, Winny Shen, and Ryan C. Johnson Hardcover: 716 pages Publisher: Cambridge University Press Publication Year: 2018 ISBN-10: 1108415970 ISBN-13: 978-1108415972

The Oxford Handbook of Industry Dynamics

Transnational Business Governance Interactions: Enhancing Regulatory Capacity, Ratcheting Up Standards, and Empowering Marginalized Actors

Publisher: Oxford University Press

The Business of Infrastructure

By: Charlene Zietsma, Madeline Toubiana, Maxim Voronov, and Anna Roberts

Publisher: Palgrave Macmillan

Edited by: Matthias Kipping and Takafumi Kurosawa

Publisher: Edward Elgar

The Cambridge Handbook of the Global Work-Family Interface

By: Lars Engwall and Matthias Kipping

Publisher: Edward Elgar

Edited by: Stepan Wood, Rebecca Schmidt, Kenneth Abbott, Burkard Eberlein, and Errol Meidinger

Emotions in Organization Theory

Selling Management Ideas Globally: The Role of Business Schools, Management Consultants and Business Media

By: Sherena Hussain and James McKellar Publisher: Routledge

Corporate Social Responsibility: Readings and Cases in Global Context, Indian Edition By: Andrew Crane, Dirk Matten, and Laura Spence Publisher: Routledge

Lecture Notes Investment for Undergraduates By: Eliezer Prisman Publisher: World Scientific Publication

Segmentation Simplified: A Strategic Approach to B2B Segmentation By: Ajay Sirsi Publisher: Createspace

Aulakh, Preet (2019). “Emerging Economy Multinationals in Advanced Economies.”

In K. Meyer and R. Gross (Eds.), The Oxford Handbook of Management in Emerging Markets (pp. 609-630). New York: Oxford University Press. (with L. Cui)

Belk, Russell (2018). “Sartre’s Insights for Identity, Desire, the Gift, an Posthumanism.”

In S. Askegaard and B. Heilbrunn (Eds.), The Routledge Companion to Canonical Authors in Social Theory on Consumption (pp. 120-126).

London: Routledge.

Aulakh, Preet (Forthcoming). “Managing Risks in Cross-Border Licensing Alliances: Interdependence, Contract Structure and Knowledge Transfer.” In T.K. Das (Ed.), Managing Interpartner Risks in Strategic Alliances. Information Age Publishing. (with M.S. Jiang and R. Krishnan)

Belk, Russell (2018). “Satoshi is Dead. Long Live Satoshi: The Curious Case of Bitcoin’s Creator.”

In A. Venkatesh, S. Cross, and R. Belk (Eds.), Consumer Culture Theory (Research in Consumer Behavior, Volume 19) (pp. 19-36). Bingley, UK: Emerald. (with M. Humayun)

Auster, Ellen (Forthcoming). “Values, Authenticity and Responsible Leadership.”

In N. Pless (Ed.), Responsible Leadership.

Routledge Press. (with E. Freeman) Belk, Russell (2018). “Design and Marketing Practice: On Tempests and Tea Cups.”

In S. Lalaounis (Ed.), Design Management: Organisation and Marketing Perspectives (pp. 21-25). London: Routledge.

Belk, Russell (2018). “Foreword: The Sharing Economy.” In P. Albinsson and Y. Perera (Eds.) The Rise of the Sharing Economy: Exploring the Challenges and Opportunities of Collaborative Consumption (pp. ix-xii). New York: Praeger.

Belk, Russell (2018). “Introduction.”

In Y. Minowa and R. Belk (Eds.), Gifts, Romance and Consumer Culture (pp. 1-22). London: Routledge. (with Y. Minowa) Belk, Russell (2018). “Ownership, the Extended Self, and the Extended Object.” In J. Peck and S. Shu (Eds.), Ownership and Consumption (pp. 53-67).

Belk, Russell (2018). “Performance Theory and Consumer Engagement: Wine-tourism Experiences in South Africa.” In S. Cross, C. Ruvalcaba, A. Venkatesh, and R. Belk (Eds.), Consumer Culture Theory (Research in Consumer Behavior, Volume 19) (pp. 163-187). Bingley, UK: Emerald. (with A. Joy, S. Charters, J. Wang, and C. Peca) Belk, Russell (2018). “Robots, Cyborgs, and Consumption.” In A. Lewis (Ed.), Cambridge Handbook of Psychology and Economic Behaviour (pp. 741-758). Cambridge: Cambridge University Press.

Belk, Russell (2018). “Romantic Gift Giving of Mature Consumers.” In Y. Minowa and R. Belk (Eds.), Gifts, Romance and Consumer Culture (pp. 50-91). London: Routledge. (with Y. Minowa)

Belk, Russell (2018). “Shared Moments of Sociality: Embedded Sharing within Peer-to-peer Hospitality Platforms.” In A. Ince and S. Hall (Eds.), Sharing Economies in Times of Crisis: Practices, Politics, and Possibilities (pp. 125-141).

London: Routledge. (with K. Hellwig and F. Morhart) Belk, Russell (2018). “Technology Metaphors and Impediments to Technology Use among the Involuntarily Poor.” In M. McCabe and E. Brody (Eds.), Cultural Change from a Business Anthropology Perspective (pp. 143-164).

Lexington, MA: Lexington Books. (with A. Bhattacharyya) Belk, Russell (2018). “White Day in Japan: 1980-2009.” In Y. Minowa and R. Belk (Eds.), Gifts, Romance and Consumer Culture (pp. 145182). London: Routledge. (with Y. Minowa and T. Matsui) Belk, Russell (2019). “Economic Tremors and Earthquakes: Sharing, The Sharing Economy, Crowdfunding, Cryptocurrencies, and DAOs.” In A. Parvatiyar and R. Sisodia (Eds.), Marketing Advances in an Era of Disruptions – Essays in Honor of Jagdish Sheth (pp. 153-166). Delhi, India: Sage Publications.

Belk, Russell (2019). “Introduction – Consumer Culture Fairy Tales.” In D. Bajde, D. Kjeldgaard, and R. Belk (Eds.), Consumer Culture Theory (Research in Consumer Behavior, Volume 20) (pp. 1-3). Bingley, UK: Emerald. (with D. Bajde and D. Kjeldgaard) Belk, Russell (2019). “The Sharing Economy as Oxymoron.” In R. Belk, F. Bardhi, and G. Eckhardt (Eds.), Handbook on the Sharing Economy.

Cheltenham, UK: Edward Elgar. (with F. Bardhi and G. Eckhardt) Belk, Russell (Forthcoming). “Anthropology of Chinese Foodways–Preface.” In T. Guang and C. Gang (Eds.), Anthropology of Chinese Foodways. Boynton Beach, FL: North American Business Press.

Belk, Russell (Forthcoming). “Branding and Marketing.” In S. Schwarzkopf (Ed.), Routledge Handbook of Economic Theology. Abingdon, UK: Routledge.

Belk, Russell (Forthcoming). “High End Contemporary Art: Art for Art’s Sake or Art for Mart’s Sake?” In K. Ekström (Ed.), Museum and Art Business: Cultural Institutions and Market Orientation. London: Routledge.

Belk, Russell (Forthcoming). “Little Luxuries: Decencies, Deservingness, and Delight.”

In T. Malefyt and M. McCabe (Eds.), Women, Consumption and Paradox. London: Routledge.

Belk, Russell (Forthcoming). “The Dual Dangers of the Gift.” In A. Urakova (Ed.), Dangerous Gifts.

London: Routledge.

Belk, Russell (Forthcoming). “The Evolving Nature of Luxury: The Changing Notion of Materialism and Status in an Increasingly Dematerialized World.” In F. Morhart (Ed.), Research Handbook on Luxury Branding.

Edward Elgar.

Belk, Russell (Forthcoming). “The Sacred and Profane in Marketing and Consumption.”

In S. Swarzkopf (Ed.) Handbook of Economic Theology. London: Routledge.

Cho, Charles (2018). “La Complexité de la Responsabilité Sociétale des Entreprises.”

In E. Morin and L. Bibard (Eds.), In Complexité et Organisations – Faire Face aux Défis de Demain.

Paris, France: Eyrolles.

Cook, Wade (Forthcoming). “Evaluating Efficiency in Non-homogeneous Environments.”

In The International Workshop of Efficiency and Productivity 2018 in Alicante. New York: Springer.

Darke, Peter (In Press). “Occupational Stress and Well-Being of Persuasion Agents.” In Research in Occupational Stress and Well-Being (Volume 17).

Bingly, UK: Emerald.

Everett, Jeffrey (2018). “Accounting Research and Bourdieu’s ‘Scholarship with Commitment.’”

In R. Roslender (Ed.), The Routledge Companion to Critical Accounting (pp. 109-124). Abingdon, UK: Routledge.

Farjoun, Moshe (2018). “Introduction.”

In M. Farjoun, W. Smith, A. Langley, and H. Tsoukas (Eds.), Dualities, Dialectics, and Paradoxes in Organizational Life (pp. 1-13).

Oxford, UK: Oxford University Press. (with W. Smith, A. Langley, and H. Tsoukas)

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Spotlight on Research 2019 63

Book Chapters (cont’d)

Fischer, Eileen (2018). “Contesting Understandings of Contestation: Rethinking Perspectives on Activism.” In O. Kravets, P. Maclaran, S. Miles and A. Venkatesh (Eds.), The Sage Handbook of Consumer Culture (pp. 256-274). London: Sage. (with J. Handelman)

Journal Articles

Phillips, Robert (2018). “Agency and Responsibility: The Case of the Food Industry and Obesity.” In R. Hinch and A. Gray (Eds.), A Handbook of Food Crime (pp. 111-128). Bristol, UK, Policy Press. (with J. Schrempf-Stirling)

Fischer, Eileen (2018). “What’s New? Institutional Work in Updating Taste.” In Z. Arsel and J.Bean (Eds.), Taste, Consumption and Markets (pp. 65-82). New York: Routledge. (with M.A. Parmentier)

Phillips, Robert (2019). “Stakeholder Theory.”

In J.S. Harrison, J.B. Barney, R.E. Freeman & R.A. Phillips (Eds.), The Cambridge Handbook of Stakeholder Theory (pp. 3-18). Cambridge, UK: Cambridge University Press. (with J.S. Harrison, J.B. Barney, and R.E. Freeman)

Giesler, Markus (2018). “Neoliberalism and Consumption.” In E. Arnould and C. Thompson (Eds.), Consumer Culture Theory (pp. 255-275).

Thousand Oaks, CA: Sage Publishing. (with E. Veresiu)

Sadorsky, Perry (2018). “Shifts in Energy Consumption Driven by Urbanization.”

In D. Davidson and M. Gross (Eds.), Oxford Handbook of Energy and Society (pp. 179-200).

Oxford, UK: Oxford University Press.

Henriques, Irene (2019). “Stakeholder Theory in Management Education.” In J.B. Barney, R.E. Freeman, J. S. Harrison and R. A. Phillips (Eds.), The Cambridge Handbook of Stakeholder Theory (pp. 211-226). Cambridge, UK: Cambridge University Press.

Sadorsky, Perry (2019). “Oil and Stock Prices.”

In U. Soytaş and R. Sari (Eds.), Routledge Handbook of Energy Economics. Oxford, UK: Routledge.

Kim, Henry (2018). “ Agriculture on the Blockchain.” In D. Tapscott (Ed.), Supply Chain Revolution. Toronto: Barlow Books.

Kipping, Matthias (Forthcoming). “The Other Siemens: Its Role in Transforming the Training of Managers in Germany.” In H. A. Wessel et al.

(Eds.), Unternehmen im Wettbewerb – Companies in Competition. Stuttgart: Franz Steiner Verlag.

Madhok, Anoop (2019). “Think Globally Act Cooperatively: Entrepreneurial Partnering and International New Ventures and Multinational Enterprises.” In F. Contractor and J. Reuer (Eds.), Frontiers of Strategic Alliance Research: Negotiating, Structuring and Governing Partnerships (pp. 337-352).

Cambridge, UK: Cambridge University Press. (with S. Prashantham) Madhok, Anoop (Forthcoming). “Phased Acquisitions for Disruptive Innovation: Toward a Micro-level Governance Perspective.”

In J. Sydow and J. Berends (Eds.), Managing Interorganizational Collaboration: Process Views (Research in the Sociology of Organizations, Volume 64). Bingley, UK: Emerald Publishing. (with D. Faems) McMillan, Charles (2019). “Organizational Identity, Strategy and Habits of Attention: A Case Study of Toyota.” In L. Emeagwali (Ed.), Strategic Management. London: IntechOpen.

64 Schulich School of Business

Shao, Ruodan (2018). “Organizational Justice and Organizational Citizenship.” In P. Podsakoff, S.B. Mackenzie, and N.P. Podsakoff (Eds.), The Oxford Handbook of Organizational Citizenship Behavior (pp. 255-284). UK: Oxford University Press. (with R.S. Cropanzano, D.E. Rupp, and M.A. Thornton) Shen, Winny (2018). “Defining and Measuring Discrimination.” In A. Collela and E.B. King (Eds.), The Oxford Handbook on Discrimination at Work (pp. 297-312). New York: Oxford University Press. (with L. Dhanani) Thorne, Linda (2018). “An Overview to Sustainable Research.” In M. Bellucci and G. Manetti (Eds.), Stakeholder Engagement and Sustainability Reporting (pp. x-xiii). Abingdon, UK: Routledge.

Thorne, Linda (2018). “Introduction to The Routledge Companion to Behavioral Accounting Research.” In T. Libby and L. Thorne (Eds.), The Routledge Companion to Behavioral Accounting Research (pp. 1-6). Abingdon, UK: Routledge (with T. Libby) Thorne, Linda (2018). “The Development of Behavioral Measures of Accounting Constructs.”

In T. Libby and L. Thorne (Eds.), The Development of Behavioral Measures of Accounting Constructs, page 113-124 in The Routledge Companion to Behavioral Accounting Research, ed. T. Libby and L. Thorne, Routledge 2019 (pp. 113-124).

Abingdon, UK: Routledge

Valente, Michael (2018). “Management Graduates: Reductionist Specialists or Absorptive Generalists.” In A. Stachowicz-Stanusch and W.Amann (Eds.), Academic Social Responsibility: Sine Qua Non for Corporate Social Performance (pp. 177-196). Charlotte, NC: Information Age Publishing.

Veresiu, Ela (2018). “Neoliberalism and Consumption.” In E. Arnould and C. Thompson (Eds.), Consumer Culture Theory (pp. 255-275).

Thousand Oaks, CA: Sage Publishing. (with M. Giesler) Wright, Lorna (2019). “The International Undergraduate Experience: A Developmental Psychological Study.” In A.H. Kim and M-J. Kwak (Eds.), Outward and Upward Mobilities: International Students in Canada, Their Families and Structuring Institutions (pp. 95-120). Toronto: University of Toronto Press. (with M.G. Wintre, S. Dentakos, S. Chavoshi, and A.R. Kandasamy) Yeomans, Julian Scott (2018). “A NatureInspired Metaheuristic for Generating Alternatives.” In M. Khosrow-Pour (Ed.), Encyclopedia of Information Science and Technology (4th Edition) (pp. 2178-2187).

Hershey, PA: IGI Global.

Yeomans, Julian Scott (2018). “An Efficient Computational Procedure for Simultaneously Generating Alternatives to an Optimal Solution Using the Firefly Algorithm.” In X-S. Yang (Ed.), Nature-Inspired Algorithms and Applied Optimization (pp. 261-273). Heidelberg, Germany: Springer.

Yeomans, Julian Scott (2019). “A Simultaneous Modelling-to-Generate-Alternatives Procedure Employing the Firefly Algorithm.” In N. Dey (Ed.), Technological Innovations in Knowledge Management and Decision Support (pp. 19-33).

Hershey, PA: IGI Global.

Zwick, Detlev (2018). “Biopolitical Marketing and Technologies of Enclosure.” In O. Kravets, P. Maclaran, S,Miles, S. and A. Venkatesh (Eds.), The Routledge Companion to Critical Marketing (pp. 333-348). London, UK: Sage Publications. (with J. Denegri-Knott) Zwick, Detlev (2018). “Biopolitical Marketing and the Commodification of Social Contexts.”

In M.Tadajewski, M. Higgins, J. Denegri-Knott, and R. Varman (Eds.), The Routledge Companion to Critical Marketing (pp. 430-438). Abingdon, UK: Routledge. (with A. Bradshaw)

One of the features that makes a school of business perform at a consistently high level is the quality of its researchers. Scholars at Schulich have transformed the way management educators understand core issues in many areas and are publishing in prestigious journals.

Annisette, Marcia (2018), “Editorial: The Question of Research Diversity in “Top” Accounting Journals,” Critical Perspectives on Accounting, 51, 1-3. (with C. Cooper and Y. Gendron) Aulakh, Preet (2018), “Internationalization and Performance: Degree, Duration and Scale of Operations,” Journal of International Business Studies, 49(7), 832-857. (with M. Abdi) Aulakh, Preet (2019), “Microfoundations of Firm Internationalization: The Owner CEO Effect,” Global Strategy Journal, 9(1), 42-65. (with R. Chittoor and S. Ray) Aulakh, Preet (2019), “State Capitalism and Performance Persistence of Business Group Affiliated Firms: A Comparative Study of China and India,” Journal of International Business Studies, 50(2), 193-222. (with H. Hu and L. Cui) Aulakh, Preet (Forthcoming), “Colonial Subjectivities and Shifting Legalities in Amitav Ghosh’s ‘Sea of Poppies’,” Law and Literature.

Auster, Ellen (2018), “Reflexive Dis/embedding: Personal Narratives, Empowerment and the Emotional Dynamics of Interstitial Events,” Organization Studies, 39(4), 467-490. (with T. Ruebottom) Bae, Kee-Hong (2019), “Does Corporate Social Responsibility Reduce the Costs of High Leverage? Evidence from Capital Structure and Product Market Interactions,” Journal of Banking and Finance, 100, 135-150. (with S. El Ghoul, O. Guedhami, C.Y. Kwok, and Y. Zheng) Bae, Kee-Hong (2019), “Nominal Stock Price Anchors: A Global Phenomenon?”

Journal of Financial Markets, 44, 31-41. (with U. Bhattacharya, J. Kang, and S.G. Rheed) Bamber, Matthew (2018), “Mandatory Financial Reporting Processes and Outcomes,” The International Journal of Accounting, 53(3), 227-245. (with K. McMeeking and N. Petrovic) Bamber, Matthew (2018), “Risk Reporting: A Review of the Literature and Implications for Future Research,” Journal of Accounting Literature, 40, 54-82. (with T. Elshandidy, P.J. Shrives, and S. Abraham) Belk, Russell (2018), “Consumer Behaviour and the Toilet: Research on Expulsive and Retentive Personalities,” Journal of Consumer Behaviour, 17(3), 280-289. (with C. Rizzo and G. Pino)

Belk, Russell (2018), “Convergence Markets: Virtual [Corpo]reality,” Markets, Globalization & Development Review, 3(3), 1-27. (with T. Harwood and T. Garry)

Belk, Russell (Forthcoming), “Consumer Resilience and Subservience in Technology Consumption by the Poor,” Consumption, Markets and Culture. (with A. Bhattacharyya)

Belk, Russell (2018), “Envisioning Consumers: How Videography can Contribute to Marketing Knowledge,” Journal of Marketing Management, 34(5-6), 432-458. (with M. Caldwell, T. Devinney, G. Eckhardt, P. Henry, and E. Plakoyiannaki)

Belk, Russell (Forthcoming), “Emotion and Consumption: Toward a New Understanding of Cultural Collisions between Hong Kong and PRC Luxury Consumers,” Journal of Consumer Culture. (with A. Joy, J. Wang, and J.F. Sherry)

Belk, Russell (2018), “Gifts and Nationalism in Wartime Japan,” Journal of Macromarketing, 38(3), 298-314. (with Y. Minowa)

Belk, Russell (Forthcoming), “No Assemblage Required – On Pursuing Original Consumer Culture Theory,” Marketing Theory. (with R. Sobh)

Belk, Russell (2018), “Materializing Digital Collecting: An Extended View of Digital Materiality,” Marketing Theory, 18(4), 543-570. (with R. Mardon) Belk, Russell (2018), “Morphing Anthropomorphism: An Update,” Journal of Global Scholars of Marketing Science, 28(3), 239-247. (with M. Kniazeva) Belk, Russell (2018), “Strategies of the Extended Self: The Role of Possessions in Transpeople’s Conflicted Selves,” Journal of Business Research, 88, 102-110. (with A. Ruvio)

Belk, Russell (Forthcoming), “Qualitative Approaches to Life Course Research and Linking Life Story to Gift Giving,” Journal of Global Scholars of Marketing Science. (with Y. Minowa) Belk, Russell (Forthcoming), “The Body as (Another) Place: Producing Embodied Heterotopias through Tattooing,” Journal of Consumer Research. (with D. Roux) Belk, Russell (Forthcoming), “The Future of Globalization: A Comment,” International Marketing Review.

Belk, Russell (2018), “Thin-slicing Tremé as a Subjective Sashay: Heretical Pilgrimages to St. Augustine Catholic Church,” Consumption, Markets and Culture, 21(3), 215-238. (with N. Mitchell, T. Eagar, K.D. Thomas and R. Wijland)

Bell, Christopher (Forthcoming), “How Do Power and Status Differ in Predicting Unethical Decisions? A Cross-National Comparison of China and Canada,” Journal of Business Ethics. (with Y. Liu, S. Chen, and J. Tan)

Belk, Russell (2019), “India’s Kochi Biennale: Sponsorship, Patronage, and Art’s Resistance,” Arts and the Market, 9(1), 16-31. (with A. Joy)

Biçer, Isik (2018), “Valuing supply-chain responsiveness under demand shocks,” Journal of Operations Management, 61, 46-67.(with V. Hagspiel and S. De Treville)

Belk, Russell (2019), “Machines and Artificial Intelligence,” Journal of Marketing Behavior, 4(1), 11-30.

Belk, Russell (2019), “On Standing out and Fitting in,” Journal of Global Fashion Marketing, 10(3), 219-227.

Belk, Russell (2019), “Personal Accounts and an Anatomy of Conceptual Contributions in the Special Issue,” Journal of Marketing Management, 35(1-2), 1-12. (with D.J. MacInnis and M.S. Yadav) Belk, Russell (2019), “Self, Theory, and AI,” Journal of Marketing Behavior, 4(1), 49-56.

Belk, Russell (2019), “Servant, Friend or Master? The Relationships Users Build with Voice-controlled Smart Devices,” Journal of Marketing Management, 35(7-8), 693-715. (with F. Schweitzer, W. Jordan, and M. Ortner)

Biçer, Isik (2019), “Optimal replenishment cycle for perishable items facing demand uncertainty in a two-echelon inventory system,” International Journal of Production Research, 57(4), 12501264. (with M. Kirci and R.W. Seifert) Biçer, Isik (2019), “Roles of inventory and reserve capacity in mitigating supply chain disruption risk,” International Journal of Production Research, 57(4),1238-1249. (with F. Lucker and R.W. Seifert) Biehl, Markus (2019), “Investment in Environmental Process Improvement,” Production and Operations Management, 28(2), 407-420. (with W. Xiao, C. Gaimon, and R. Subramanian) Cao, Melanie (Forthcoming), “Why Don’t Firms Reward their CEOs with Relative Compensation,” International Journal of Advanced Research in Business.

Spotlight on Research 2019 65

Journal Articles (cont’d)

Cho, Charles (2018), “Corporate Social Responsibility Disclosure and Catering to Investor Sentiment in China,” Management Decision, 56(9), 1917-1935. (with W. Sun, C. Zhao, and Y. Wang) Cho, Charles (2018), “Current Trends within Social and Environmental Accounting Research: A Literature Review,” Accounting Perspectives, 17(2), 207-239. (with J. Chung) Cho, Charles (2018), “Discursive Struggles between Bidding and Target Companies: An Analysis of Press Releases Issued during Hostile Takeover Bids,” M@n@gement, 21(2), 803-833. (with E. Nègre and M-A. Verdier) Cho, Charles (2018), “Does the Level of Assurance Statement on Environmental Disclosure Affect Investor Assessment?

An Experimental Study,” Sustainability Accounting, Management and Policy Journal, 9(3), 336-360. (with G. Rivière-Giordano and S. Giordano-Spring) Cho, Charles (2018), “Reference Points for Measuring Social Performance: Case Study of a Social Business Venture,” Journal of Business Venturing, 33(5), 660-678. (with K. André and M. Laine) Cho, Charles (2018), “The Frontstage and Backstage of Corporate Sustainability Reporting: Evidence from the Arctic National Wildlife Refuge Bill,” Journal of Business Ethics, 152(3), 865-883. (with M. Laine, R.W. Roberts, and M. Rodrigue) Cho, Charles (2019), “Disclosure Responses to a Corruption Scandal: The Case of Siemens AG,” Journal of Business Ethics, 156(2), 545-561. (with R. Blanc, M.C. Branco, and J. Sopt) Cho, Charles (2019), “Institutional Transitions and the Role of Financial Performance in CSR Reporting,” Corporate Social Responsibility and Environmental Management, 26(2), 367-376. (with W. Sun, C. Zhao, and Y. Wang) Cook, Wade (2018), “DEA as a Tool for Auditing: Application to Chinese Manufacturing Industry with Parallel Network Structures,” Annals of Operations Research, 263(1-2), 247-269. (with Y. Gong, J. Zhu, and Y. Chen) Cook, Wade (2018), “Evaluating the Efficiencies of Academic Research Groups: A Problem of Shared Outputs,” Asia Pacific Journal of Operations Research, 35(6), 1-22. (with S.V. Avilés-Sacoto, D. Güemes-Castorena, F. Benita, H. Ceballos, and J. Zhu) Cook, Wade (2018), “Two-Stage Network DEA: Who is the Leader?” OMEGA, 74, 15-19. (with H. Lee, C. Chen, and J. Zhu) Cook, Wade (2019), “Data Envelopment Analysis and Big Data,” European Journal of Operational Research, 274(3), 1047-1054. (with D. Khezrimotlagh, J. Zhu, and M. Toloo)

66 Schulich School of Business

Cook, Wade (2019), “DEA-Based Benchmarking for Performance Evaluation in Pay-forPerformance Incentive Plans,” OMEGA, 84, 45-54. (with N. Ramón, J.L. Ruiz, I. Sirvent, and J. Zhu) Cook, Wade (Forthcoming), “Efficiency Measurement for Hierarchical Situations,” Journal of the Operational Research Society. (with W. Li, Z. Li, and J. Zhu) Cook, Wade (Forthcoming), “Efficiency Measurement with Products and Partially Desirably Co-Products,” Journal of the Operational Research Society. (with W. Li, Z. Li, L. Liang, and J. Zhu) Cook, Wade (Forthcoming), “A Conic Relaxation Model for Searching for the Global Optimum of Network Data Envelopment Analysis,” European Journal of Operational Research. (with K. Chen and J. Zhu) Cook, Wade (Forthcoming), “Increasing the Discrimination Power of Data Envelopment Analysis as the Number of Inputs-outputs Increases or Number of Decision-making Units Decreases,” Annals of Operations Research. (with D. Khezrimotlagh and J. Zhu) Cook, Wade (Forthcoming), “Measuring Efficiency in DEA in the Presence of Common Inputs,” Journal of the Operational Research Society. (with S. Aviles, D. Guemes and J. Zhu) Cook, Wade (Forthcoming), “Preface: DEA and Its Applications in Operations and Data Analytics,” Annals of Operations Research. (with Y. Chen and S. Lim) Darke, Peter (2019), “Promoting Pro-environmental Behaviours through Induced Hypocrisy,” Recherche et Applications en Marketing, 34(1), 78-94. (with P. Odou and D. Voisin) Darke, Peter (2019), “The Rules of Exchange: The Role of an Exchange Surplus in Producing the Endowment Effect,” Organizational Behavior and Human Decision Processes, 152, 11-24. (with L. Ashworth, L. McShane, and T. Vu) Darke, Peter (In Press), “Crying Wolf, or the Squeaky Wheel Gets the Grease: Effects of Prior Warnings on Perceived Risk,” Journal of Public Policy and Marketing. (with K.J. Main) Deutsch, Yuval (2019), “Why the Time has come to Retire Instrumental Stakeholder Theory,” Academy of Management Review, 44(3), 694-698. (with D. Weitzner) Devine, Avis (2019), “Environmentally-certified Space and Retail Revenues: A Study of U.S. Bank Branches,” Journal of Cleaner Production, 211, 1586-1599. (with Q. Chang) Devine, Avis (2019), Understanding Social System Drivers of Green Building Innovation Adoption in Emerging Market Countries: The Role of Foreign Direct Investment, Cities, 92, 303-317. (with M. McCollum)

Diamant, Adam (2018), “Dynamic Patient Scheduling for Multi-Appointment Health Care Programs,” Production and Operations Management, 27(1), 58-79. (with J. Milner and F. Quereshy) Diamant, Adam (2018), “Inventory Management of Reusable Surgical Supplies,” Health Care Management Science, 21(3), 439-459. (with J. Milner, F. Quereshy, and B. Xu) Diamant, Adam (2019), “A Network-Based Formulation for Scheduling Clinical Rotations,” Production and Operations Management, 28(5), 1186-1205. (with A.A. Cire, T. Yunes, and A. Carrasco) Diamant, Adam (2019), “Double-sided Matching Queues: Priority and Impatient Customers,” Operations Research Letters, 47(3), 219-224. (with O. Baron) Diamant, Adam (2019), “Why do Surgeons Schedule their Own Surgeries?” Journal of Operations Management, 65(3), 262-281. (with D. Johnston and F. Quereshy) Dong, Ming (2018), “Why Do Firms Issue Convertible Bonds?” Critical Finance Review, 7(1), 111-164. (with M. Dutordoir and C. Veld) Dong, Ming (2019) “How Can We Improve Inferences from Surveys? A New Look at the Convertible Debt Questions from the Graham and Harvey Survey Data,” Journal of International Financial Markets, Institutions & Money, 61, 213-222. (with M. Dutordoir and C. Veld) Dong, Ming (Forthcoming), “Does the Weather Influence Global Stock Returns?” Critical Finance Review. (with A. Tremblay) Dong, Ming (Forthcoming), “Employee Flexibility, Exogenous Risk, and Firm Value,” Journal of Financial and Quantitative Analysis. (with S. Au and A. Tremblay) Eberlein, Burkard (Forthcoming), “Who fills the Global Governance Gap? Rethinking the Roles of Business and Government in Global Governance,” Organization Studies.

Eberlein, Burkard (Forthcoming), “Why do Junctures become Critical? Political Discourse, Agency, and Collective Belief Shifts in Comparative Perspective,” Regulation & Governance. (with A. Rinscheid, P. Emmenegger, and V. Schneider) Everett, Jeffery (2018), “We Have Never Been Secular: Religious Identities, Duties, and Ethics in Audit Practice,” Journal of Business Ethics, 153(4), 1121-1142. (with C. Friesen, D. Neu and A.S. Rahaman) Everett, Jeffery (2019), “Twitter and Social Accountability: Reactions to the Panama Papers,” Critical Perspectives on Accounting, 61, 38-53. (with G. Saxton, D. Neu, and A.S. Rahaman)

Everett, Jeffery (In Press), “Speaking Truth to Power: Twitter Reactions to the Panama Papers,” Journal of Business Ethics. (with G. Saxton, D. Neu, and A.S. Rahaman)

Henriques, Irene (2018), “Can Bitcoin Replace Gold in an Investment Portfolio?” Journal of Risk and Financial Management, 11(3), 1–19. (with P. Sadorsky)

Farjoun, Moshe (2019), “Strategy and Dialectics: Rejuvenating a Long-standing Relationship,” Strategic Organization, 17(1), 133-144.

Henriques, Irene (2018), “Editorial: What Makes for an Exemplary Contribution? Introducing the Business & Society Best Paper Award,” Business & Society, 57(7), 1291-1300. (with A. Crane, F. de Bakker and B. W. Husted)

Fischer, Eileen (2018), “IoT Stories: The Good, the Bad and the Freaky,” GfK Marketing Intelligence Review, 10(2), 25-30. (with M. Giesler) Fischer, Eileen (2019), “If Not Now, When?

The Timeliness of Developing a Dialogue between Consumer Culture Theoretic and Macromarketing Perspectives,” Journal of Macromarketing, 39(1), 103-105.

Fischer, Eileen (Forthcoming), “Spoils from the Spoiled: Strategies for Entering Stigmatized Markets,” Journal of Management Studies. (with A.S. Shantz and M. Lévesque) Giesler, Markus (2018), “Beyond Acculturation: Multiculturalism and the Institutional Shaping of an Ethnic Consumer Subject,” Journal of Consumer Research, 45(3), 553-570. (with E. Veresiu)

Henriques, Irene (2018), “Governing the Void between Stakeholder Management and Sustainability,” Advances in Strategic Management, 38, 121-143. (with M. Barnett and B.W. Husted) Henriques, Irene (2018), “Investor Implications of Divesting from Fossil Fuels,” Global Finance Journal, 38, 30-44. (with P. Sadorsky) Henriques, Irene (2018), “Quants & Poets: Advancing Methods and Methodologies in Business & Society Research,” Business & Society, 57(1), 3-25. (with A. Crane and B. Husted) Henriques, Irene (2019), “Editorial: Publishing Interdisciplinary Research in Business & Society,” Business & Society, 58(3), 443-452. (with A. Crane, F. de Bakker and B. W. Husted)

Giesler, Markus (2018), “Creating a Consumable Past: How Memory Making Shapes Marketization,” Journal of Consumer Research, 44(6), 1325-1342. (with K.H. Brunk and B.J. Hartmann)

Henriques, Irene (Forthcoming), “The Rise and Stall of Stakeholder Influence: How the Digital Age Limits Social Control,” Academy of Management Perspectives. (with M. Barnett and B.W. Husted)

Giesler, Markus (2018), “IoT Stories: The Good, the Bad and the Freaky,” GfK Marketing Intelligence Review, 10(2), 25-30. (with E. Fischer)

Hsu, Sylvia (2018), “Regional Practice Patterns and Racial/Ethnic Differences in Intensity of End-of-Life Care,” Health Services Research, 53(6), 4291-4309. (with S-Y. Wang, S. Huag, K.C. Doan, C.P. Gross, and X. Ma)

Graham, Cameron (2018), “The Winding Road to Fair Value Accounting in China: A Social Movement Perspective,” Accounting, Auditing and Accountability Journal, 31(4), 1257-1285. (with S. Peng and K. Bewley)

Hsu, Sylvia (2019), “Factors Associated with Hospices’ Nonparticipation in Medicare’s Hospice Compare Public Reporting Program,” Medical Care, 57(1), 28-35. (with P. Hung and S-Y. Wang)

Graham, Cameron (2019), “Microaccountability and Biopolitics: Microfinance in a Sri Lankan Village,” Accounting, Organizations and Society, 72, 38-60. (with C. Alawattage and D. Wickramasinghe)

Hsu, Sylvia (2019), “Racial Differences in Health Care Transitions and Hospice Use at the End of Life,” Journal of Palliative Medicine, 22(6), 619-627. (with S-Y Wang, M.D. Aldridge, E. Cherlin, and E. Bradley)

Graham, Cameron (2019), “Rich Man, Poor Man, Beggar Man, Thief: Accounting and the Stigma of Poverty,” Critical Perspectives on Accounting, 59, 32-51. (with C. Grisard)

Hsu, Sylvia (2019), “Target-Setting, Pay for Performance, and Quality Improvement: A Case Study of Ontario Hospitals’ Quality Improvement Plans,” Canadian Journal of Administrative Sciences, 36(1), 128-144. (with Y. Chan)

Henriques, Irene (2018), “Addressing Wicked Problems using New Business Models,” Economic Alternatives, 12(4), 463-466.

Henriques, Irene (2018), “Building Resilience: A Self-Sustainable Community Approach to the Triple Bottom Line,” Journal of Cleaner Production, 173, 186-196. (with E. Aguiñaga, C. Scheel, and A. Scheel)

Hussain, Sherena (2018), “Rethinking the Role of Private Capital in Infrastructure PPPs,” Public Management Review, 20(8), 1122-1144. (with M. Siemiatycki)

Johnston, David (2018), “Power-based Behaviors in Supply Chains and their Effects on Relational Satisfaction: A Fresh Perspective and Directions for Research,” European Management Journal, 36(2), 278-287. (with I. Gölgeci and W.H. Murphy).

Johnston, David (2018), “The Imitator’s Dilemma: Why Imitators Should Break out of Imitation,” Journal of Product Innovation Management, 35(4), 543-564. (with A. Doha, M. Pagell, and M. Swink) Johnston, David (2019), “Why do Surgeons Schedule their Own Surgeries?” Journal of Operations Management, 65(3), 262-281. (with A. Diamant and F. Quereshy) Kanagaretnam, Kiridaran (2018), “Banks’ Funding Structure and Earnings Quality,” International Review of Financial Analysis, 59, 163-178. (with J.Y. Jin and Y. Liu) Kanagaretnam, Kiridaran (2018), “Cross-Country Evidence on the Role of Independent Media in Constraining Corporate Tax Aggressiveness,” Journal of Business Ethics, 150(3), 879-902 . (with J. Lee, C.Y. Lim, and G.J. Lobo) Kanagaretnam, Kiridaran (2018), “Discretion in Bank Loan Loss Allowance, Risk Taking and Earnings Management,” Accounting & Finance, 58(1), 171-193. (with J.Y. Jin and G.J. Lobo) Kanagaretnam, Kiridaran (2018), “Linking Societal Trust and CEO Compensation,” Journal of Business Ethics, 151(2), 295-317. (with R. Khokar and A. Mawani) Kanagaretnam, Kiridaran (2018), “Societal Trust and Corporate Tax Avoidance,” Review of Accounting Studies, 23(4), 1588-1628. (with J. Lee, C.Y. Lim, and G.J. Lobo) Kanagaretnam, Kiridaran (2018), “The Influence of Accounting Enforcement on Earnings Quality of Banks: Implications of Bank Regulation and the Global Financial Crisis,” Journal of Accounting and Public Policy, 37(5), 402-419. (with L. Dal Maso, G.J. Lobo, and S. Terzani) Kanagaretnam, Kiridaran (2019), “Banks’ Loan Growth, Loan Quality, and Social Capital,” Journal of Behavioral and Experimental Finance, 21, 83-102. (with J.Y. Jin, Y. Liu, and N. Liu) Kanagaretnam, Kiridaran (2019), “Cross-Country Evidence on the Relation between Societal Trust and Risk-Taking by Banks,” Journal of Financial and Quantitative Analysis, 54(1), 275-301. (with G.J. Lobo, C. Wang, and D. Whalen)

Johnston, David (2018), “Joint Management Systems for Operations and Safety: A RoutineBased Perspective,” Journal of Cleaner Production, 194, 635-644. (with A. Shevchenko, M. Pagell, A.Veltri and L. Robson)

Spotlight on Research 2019 67

Journal Articles (cont’d)

Kanagaretnam, Kiridaran (2019), “Does Culture Matter for Corporate Philanthropic Giving?”

Emerging Markets Finance and Trade, 55(10), 2365-2387. (with Z. Xiu and Z. Zhou) Kanagaretnam, Kiridaran (2019), “Economic Policy Uncertainty and Bank Earnings Opacity,” Journal of Accounting and Public Policy, 38(3), 199-218. (with J.Y. Jin, Y. Liu, and G.J. Lobo) Kanagaretnam, Kiridaran (2019), “Testing the Efficacy of Replacing the Incurred Credit Loss Model with the Expected Credit Loss Model,” European Accounting Review, 28(2), 309-334. (with M. Gomaa, S. Mestleman, and M. Shehata) Kecskés, Ambrus (2018), “Do Long-term Investors Improve Corporate Decision Making?”

Journal of Corporate Finance, 50, 424-452. (with J. Harford and S. Mansi) Kecskés, Ambrus (Forthcoming), “Does Corporate Social Responsibility Create Shareholder Value? The Importance of Long-term Investors,” Journal of Banking and Finance. (with P-A. Nguyen and S. Mansi) Kim, Henry (2018), “Loyalty Points on the Blockchain,” Business and Management Studies, 4(3), 80-92. (with D. Agrawal, N. Jureczek, G. Gopalakrishnan, M.N. Guzman, and M. McDonald) Kim, Henry (2018), “Towards an OntologyDriven Blockchain Design for Supply Chain Provenance,” Intelligent Systems in Accounting, Finance, and Management, 25(1), 18-27. (with M. Laskowski) Kim, Henry (2019), “The Regulation Paradox of Initial Coin Offerings: A Case Study Approach,” Frontiers in Blockchain, 2(2). (with A.R. Zhang, A. Raveenthiran, J. Mukai, R. Naeem, A. Dhuna, and Z. Parveen) Kim, Henry (2019), “Thinking Outside the Block: Projected Phases of Blockchain Integration in the Accounting Industry,” Australian Accounting Review, 29(2), 319-330. (with M. Karajovic and M. Laskowski) Kim, Henry (2019), “Understanding a Revolutionary and Flawed Grand Experiment in Blockchain: The DAO Attack,” Journal of Cases on Information Technology, 21(1), 19-32. (with M. Mehar, C. Shier, A. Giambattista, E. Gong, G. Fletcher, and M. Laskowski) Kipping, Matthias (2019), “Professionalization through symbolic and social capital: Evidence from the careers of elite consultants,” Journal of Professions and Organization, in print, doi: 10.1093/jpo/joz014 (with F. Bühlmann and T. David) Kistruck, Geoffrey (2018), “The Opportunity not Taken: Entrepreneurship as an Occupational Identity in Contexts of Poverty,” Journal of Business Venturing, 33(4), 416-437. (with A.S. Shantz and C. Zietsma)

Kistruck, Geoffrey (2019), “How Formal and Informal Hierarchies Shape Conflict within Cooperatives: A Field Experiment in Ghana,” Academy of Management Journal. (with A. Slade Shantz, D. Pacheco, and J. Webb) Kristal, Murat (2018), “Modeling the Impacts of Uncertain Carbon Tax Policy on Maritime Fleet Mix Strategy and Carbon Mitigation,” Transport, 33(3), 707-717. (with M. Zhu and M. Chen) Kristal, Murat (2019), “Micro-Foundations of Supply Chain Integration: An Activity-Based Analysis,” Logistics, 3(2), 1-17. (with M.U. Ahmed, M. Pagell, and T.F. Gattiker) Kristal, Murat (Forthcoming), Building High Performance Supply-chain Relationships for Dynamic Environments, Business Process Management Journal, upcoming. (with M.U. Ahmed, M. Pagell, and T. Gattiker).

Larkin, Yelena (2018), “The Fading of Investment-Cash Flow Sensitivity and Global Development,” Journal of Corporate Finance, 50, 294-322. (with L. Ng and J. Zhu) Larkin, Yelena (2019), “Are U.S. Industries Becoming More Concentrated?” Review of Finance, 23(4), 697-743. (with G. Grullon and R. Michaely) Larkin, Yelena (2019), “Does Noninformative Text Affect Investor Behavior?” Financial Management, 48(1), 257-289. (with A.G. Anderson) Lazar, Fred (2018), “Antitrust Immunity for Joint Ventures Among Alliance Airlines,” Journal of Air Law and Commerce, 83(4), 787-838.

Lazar, Fred (2018), “Valuing Historical Claims of Loss of Use of Land with Sparse Data,” Journal of Business Valuation and Economic Loss Analysis, 13(1), 1–8. (with E. Prisman) Lévesque, Moren (2018), “Competitive Interplay of Production Decisions: Rivalry between Established and Startup Firms,” IEEE Transactions on Engineering Management, 65(1), 85-98. (with X. Zhao and J. Bian) Lévesque, Moren (2018), “Resource, Routine, Reputation or Regulation Shortages: Can Dataand Analytics-driven Capabilities Inform Tech Entrepreneur Decisions?” IEEE Transactions on Engineering Management, 65(4), 537-544. (with N. Joglekar) Lévesque, Moren (2019), “Distributing Startup Equity: A Theoretical Foundation for an Emerging Practice,” Journal of Small Business Management, 57(3), 1066-1085. (with M. Narayanan) Lévesque, Moren (2019), “How Angel Knowhow Shapes Ownership Sharing in Stage-based Contracts,” Entrepreneurship Theory and Practice, 43(4), 773-801. (with S. Erzurumlu, N. Joglekar, and F. Tanrisever)

Lévesque, Moren (Forthcoming), “Growth through Franchises in Knowledge-Intensive Industries: Interplay of Routine Program and Expansion Mode,” IEEE Transactions on Engineering Management. (with Y.R. Choi and J. Hsuan) Lévesque, Moren (Forthcoming), “It’s Time We Talk about Time in Entrepreneurship,” Entrepreneurship Theory and Practice. (with U. Stephan) Lévesque, Moren (Forthcoming), “Managing Capital Market Frictions via Cost-Reduction Investments,” Manufacturing & Service Operations Management. (with F. Tanrisever, N. Joglekar, and S. Erzurumlu)

McMillan, Charles (2018), “Strategic Capacities in Universities and the Role of Business Schools as Institution Builders,” Problems and Perspectives in Management, 16(1), 186-198. (with G. Carton and J. Overall)

Noseworthy, Theodore (2019), “How Readability Shapes Social Media Engagement,” Journal of Consumer Psychology, 29(2), 262-270. (with E. Pancer, V. Chandler, and M. Poole)

Mead, Nicole (2018), “Power Increases the Socially Toxic Component of Narcissism Among Individuals with High Baseline Testosterone,” Journal of Experimental Psychology: General, 147(4), 591-596. (with R.F. Baumeister, A. Stuppy, and K.D. Vohs)

Noseworthy, Theodore (2019), “Supersize My Chances: Promotional Lotteries Impact Product Size Choices,” Journal of Consumer Psychology, 29(1), 79-88. (with N. Taylor and E. Pancer)

Mead, Nicole (Forthcoming), “I am, Therefore I Buy: Low Self-esteem and the Pursuit of SelfVerifying Consumption,” Journal of Consumer Research. (with A. Stuppy and S. van Osselaer)

Noseworthy, Theodore (Forthcoming), “Compensating for Innovation: Extreme Product Incongruity Encourages Consumers to Affirm Unrelated Consumption Schemas,” Journal of Consumer Psychology. (with N. Taylor)

Lévesque, Moren (Forthcoming), “Spoils from the Spoiled: Strategies for Entering Stigmatized Markets,” Journal of Management Studies. (with A.S. Shantz and E. Fischer)

Milevsky, Moshe (2018), “The Utility Value of Longevity Risk Pooling: Analytic Insights,” North American Actuarial Journal, 22(4), 574-590. (with H. Huang)

Oliver, Christine (2018), “Meta-Organization Formation and Sustainability in Sub-Saharan Africa,” Organization Science, 29(4), 678-701. (with M. Valente)

Li, Zhepeng (Lionel) (2018), “A Survey of Link Recommendation for Social Networks: Methods, Theoretical Foundations, and Future Research Directions,” ACM Transactions on Management Information Systems, 9(1), 1-26. (with X. Fang and O.R. Liu Sheng)

Milevsky, Moshe (Forthcoming), “Swimming with Wealthy Sharks: Longevity, Volatility and the Value of Risk Pooling,” Journal of Pension Economics & Finance.

Oppong-Tawiah, Divinus (Forthcoming), “Developing a Gamified Mobile Application to Encourage Sustainable Energy Use in the Office,” Journal of Business Research. (with J. Webster, S. Staples, A-F. Cameron, A.O. de Guinea, and T.Y. Hung)

Li, Zhepeng (Lionel) (Forthcoming), “Efficiency Measurement for Hierarchical Situations,” Journal of the Operational Research Society. (with W. Cook, W. Li, and J. Zhu) Li, Zhepeng (Lionel) (Forthcoming), “Efficiency Measurement with Products and Partially Desirably Co-Products,” Journal of the Operational Research Society. (with W. Cook, W. Li, L. Liang, and J. Zhu) Lyons, Brent (2018), “To Say or not to Say: Different Strategies of Acknowledging a Visible Disability,” Journal of Management, 44(5), 1980-2007. (with L. Martinez, E. Ruggs, M. Hebl, A.M. Ryan, K. Bachman, and A. Roebuck)

Neu, Dean (2018), “We Have Never Been Secular: Religious Identities, Duties, and Ethics in Audit Practice,” Journal of Business Ethics, 153(4), 1121-1142. (with C. Friesen, J. Everett and A.S. Rahaman) Neu, Dean (2019), “Twitter and Social Accountability: Reactions to the Panama Papers,” Critical Perspectives on Accounting, 61, 38-53. (with G. Saxton, J. Everett, and A.S. Rahaman) Neu, Dean (Forthcoming), “Accounting for Extortion,” Accounting, Organizations and Society.

Neu, Dean (Forthcoming), “Speaking Truth to Power: Twitter Reactions to the Panama Papers,” Journal of Business Ethics. (with G. Saxton, J. Everett, and A.S. Rahaman)

Madhok, Anoop (2018), “Co-Parenting through Subsidiaries: A Model of Value Creation in the Multinational Firm,” Global Strategy Journal, 8(4), 536-562. (with J. Pla-Berber and C. Pilar)

Ng, Lilian (2018), “The Fading of InvestmentCash Flow Sensitivity and Global Development,” Journal of Corporate Finance, 50, 294-322. (with Y. Larkin and J. Zhu)

Matten, Dirk (2018), “Business Groups and Corporate Responsibility for the Public Good,” Journal of Business Ethics, 153(4), 911-929. (with M. Ararat and A.M. Colpan)

Ng, Lilian (Forthcoming), “Emerging Markets are Catching Up: Economic or Financial Integration?”

Journal of Financial and Quantitative Analysis. (with A. Akbari and B. Solnik)

Matten, Dirk (2019), “The Governance of Digital Technology, Big Data, and the Internet: New Roles and Responsibilities for Business,” Business & Society, 58(1), 3-19. (with M. Flyverbom and R. Deibert)

Noseworthy, Theodore (2018), “When Two Wrongs Make a Right: Using Conjunctive Enablers to Enhance Evaluations for Extremely Incongruent New Products,” Journal of Consumer Research, 44(6), 1379-1396. (with K.B. Murray and F. Di Muro)

Matten, Dirk (Forthcoming), “What is CSR? Reflecting on the 2018 Paper of the Decade Award,” Academy of Management Review.

Mawani, Amin (2018), “Linking Societal Trust and CEO Compensation,” Journal of Business Ethics, 151(2), 295-317. (with R. Khokar and K. Kanagaretnam)

Noseworthy, Theodore (2018), “Why Consumers Don’t See the Benefits of Genetically Modified Foods, and What Marketers Can Do About it,” Journal of Marketing, 82(5), 125-140. (with S. Hingston)

Packard, Grant (2018), “(I’m) Happy to Help (You): The Impact of Personal Pronoun Use in Customer-Firm Interactions,” Journal of Marketing Research, 55(4), 541-555. (with S.G. Moore and B. McFerran) Packard, Grant (2018), “Are Atypical Things More Popular?” Psychological Science, 29(7), 1178-1184. (with J. Berger) Packard, Grant (2018), “Everywhere and at All Times: Mobility, Consumer Decision Making, and Choice,” Customer Needs and Solutions, 5(1-2), 15-27. (with N.H. Lurie et al.)

Packard, Grant (2018), “Many Labs 2: Investigating Variation in Replicability Across Sample and Setting,” Advances in Methods and Practices in Psychological Science, 1(4), 443-490. (with R. A. Klein et al.)

Packard, Grant (2018), “The Words and Phrases to Use—and to Avoid—When Talking to Customers,” Harvard Business Review, October, 37-42. (with S. Moore and B. McFerran) Packard, Grant (2019), “How Should Companies Talk to Customers Online?”

MIT Sloan Management Review, 60(2), 68-71. (with B. Mcferran and S.G. Moore) Pan, Yigang (2019), “Intra-firm Subsidiary Grouping and MNC Subsidiary Performance in China,” Journal of International Management, 25(2), 1-16. (with J. Xu and D. Huang) Phillips, Robert (Forthcoming), “Emerging Paradigms of Corporate Social Responsibility, Regulation, and Governance,” Journal of Business Ethics. (with B. Arora and A. Kourula)

Phillips, Robert (Forthcoming), “Tensions in Stakeholder Theory,” Business & Society. (with R.E. Freeman and R. Sisodia) Prisman, Eliezer (2018), “Valuing Historical Claims of Loss of Use of Land with Sparse Data,” Journal of Business Valuation and Economic Loss Analysis, 13(1), 1–8. (with F. Lazar) Rice, Marshall (2019), “Privacy in Doubt: An Empirical Investigation of Canadians’ Knowledge of Corporate Data Collection and Usage Practices,” Canadian Journal of Administrative Sciences, 36(2), 163-176. (with K. Bogdanov) Rungtusanatham, M. Johnny (2018), “ERP System versus Stand-Alone Enterprise Applications in the Mitigation of Operational Glitches,” Decision Sciences, 49(3), 407-444. (with A. Tenhiälä and J.W. Miller) Rungtusanatham, M. Johnny (2018), “How does Electronic Monitoring affect Hoursof-service Compliance?” Transportation Journal, 57(4), 329-364. (with J. Miller, J.P. Saldanha, A.M. Knemeyer, and T.J. Goldsby) Rungtusanatham, M. Johnny (2018), “Supplier Non-retention Post Disruption: What Role does Anger Play?” Journal of Operations Management, 61, 1-14. (with M. Polyviou, R.W. Reczek, and A.M. Knemeyer) Rungtusanatham, M. Johnny (2018), “Supply Chain Portfolio Characteristics: Do They Relate to Post-IPO Financial Performance?” Transportation Journal, 57(4), 429-463. (with M.A. Schwieterman, T.J. Goldsby, and A.M. Knemeyer) Rungtusanatham, M. Johnny (2018), “Supply Chain Vulnerability Assessment: A Network Based Visualization and Clustering Analysis Approach,” Journal of Purchasing and Supply Management, 24(1), 21-30. (with J. Blackhurst, K. Scheibe, and S. Ambulkar) Rungtusanatham, M. Johnny (Forthcoming), “Historical Supplier Performance and Strategic Relationship Dissolution: Unintentional but Serious Supplier Error as a Moderator,” Decision Sciences. (with Y.S. Chen and S.M. Goldstein) Sadorsky, Perry (2018), “Can Bitcoin Replace Gold in an Investment Portfolio?” Journal of Risk and Financial Management, 11(3), 1–19. (with I. Henriques) Sadorsky, Perry (2018), “Convergence of Energy Productivity across Indian States and Territories,” Energy Economics, 74, 427-440. (with M. Bhattacharya, J.N. Inekwe, and A. Saha) Sadorsky, Perry (2018), “How Strong is the Causal Relationship between Globalization and Energy Consumption in Developed Economies?

A Country-Specific Time-Series and Panel Analysis,” Applied Economics, 50(13), 14791494. (with M. Shahbaz, S.J.H Shahzad, and M.K. Mahalik)

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Spotlight on Research 2019 69

Journal Articles (cont’d)

Sadorsky, Perry (2018), “Investor Implications of Divesting from Fossil Fuels,” Global Finance Journal, 38, 30-44. (with I. Henriques) Sadorsky, Perry (2018), “Optimal Hedge Ratios for Clean Energy Equities,” Economic Modelling, 72, 278-295. (with W. Ahmad and A. Sharma) Sadorsky, Perry (2018), “The Impact of Oil-Market Shocks on Stock Returns in Major Oil-Exporting Countries,” Journal of International Money and Finance, 86, 264-280. (with S.A. Basher and A.A. Haug) Saxton, Gregory (2018), “Speaking and Being Heard: How Nonprofit Advocacy Organizations Gain Attention on Social Media,” Nonprofit & Voluntary Sector Quarterly, 47(1), 5-26. (with C. Guo) Saxton, Gregory (2019), “Do CSR Messages Resonate? Examining Public Reactions to Firms’ CSR Efforts on Social Media,” Journal of Business Ethics, 155(2), 359-377. (with L. Gomez, Z. Ngoh, Y. Lin, and S. Dietrich) Saxton, Gregory (2019), “Does Stakeholder Engagement Pay off on Social Media? A Social Capital Perspective,” Nonprofit & Voluntary Sector Quarterly, 48(1), 28-49. (with W. Xu) Saxton, Gregory (2019), “Social Media Fandom for Health Promotion? Insights from East Los High, a Transmedia Edutainment Initiative,” SEARCH Journal of Media and Communication Research, 11(1), 1-19. (with H. Wang, W. Xu, and A. Singhal) Saxton, Gregory (2019), “Twitter and Social Accountability: Reactions to the Panama Papers,” Critical Perspectives on Accounting, 61, 38-53. (with D. Neu, J. Everett, and A.S. Rahaman) Saxton, Gregory (In Press), “Speaking Truth to Power: Twitter Reactions to the Panama Papers,” Journal of Business Ethics. (with D. Neu, J. Everett, and A.S. Rahaman) Saxton, Gregory (In Press), “The Relationship Between Sarbanes–Oxley Policies and Donor Advisories in Nonprofit Organizations,” Journal of Business Ethics. (with D.G. Neely) Saxton, Gregory (In Press), “Utilizing Effective Social Media Message Design to Prompt Audience Engagement: An Examination of Organ Procurement Organizations’ Facebook Messages,” Health Communication. (with J. Covert, A. Anker, A. O’Mally, and T. Feeley)

Shao, Ruodan (Forthcoming), “Advances in Employee-Focused Micro-Level Research on Corporate Social Responsibility: Situating New Contributions Within the Current State of the Literature,” Journal of Business Ethics. (with D.A. Jones, A. Newman, and F.L. Cooke) Shen, Winny (2018), “An Examination of the Influence of Implicit Theories, Attribution Styles, and Performance Cues on Questionnaire Measures of Leadership,” Journal of Leadership & Organizational Studies, 25(1), 116-133. (with M.J. Martinko, B. Randolph-Seng, J.R. Brees, K.T. Mahoney, and S.R. Kessler) Shen, Winny (2018), “Consequences of Work Group Manpower and Expertise Understaffing: A Multilevel Approach,” Journal of Occupational Health Psychology, 23(1), 85-98. (with C.K. Hudson) Shen, Winny (2018), “How Leader Role Identity Influences the Process of Leader Emergence: A Social Network Analysis,” The Leadership Quarterly, 29(6), 648-662. (with N. Kwok, S. Hanig, and D.J. Brown) Shen, Winny (2018), “Societal Individualism – Collectivism and Uncertainty Avoidance as Cultural Moderators of Relationships between Job Resources and Strain,” Journal of Organizational Behavior, 39(4), 507-524. (with S. Jang, T.D. Allen, and H. Zhang) Shen, Winny (2018), “When and Why are Proactive Employees more Creative? Investigations of Relational and Motivational Mechanisms and Contextual Contingencies in the East and West,” Journal of Applied Social Psychology, 48(11), 593-607. (with G.J. Sears and H. Zhang) Shen, Winny (2019), “A Framework for Developing Employer’s Disability Confidence,” Equality, Diversity and Inclusion: An International Journal, 38(1), 40-55. (with S. Lindsay, J. Leck, E. Cagliostro, and J. Stinson) Shen, Winny (2019), “Can Pride be a Vice and Virtue at Work? Associations between Authentic and Hubristic Pride and Leadership Behaviours,” Journal of Organizational Behavior, 40(6), 605-624. (with E. Yeung) Shen, Winny (2019), “Disability Disclosure and Workplace Accommodations among Youth with Disabilities,” Disability and Rehabilitation, 41(16), 1914-1924. (with S. Lindsay, E. Cagliostro, J. Leck, and J. Stinson)

Shao, Ruodan (2018), “Corporate Social Responsibility and Employee Engagement: The Moderating Role of CSR-specific Relative Autonomy and Individualism,” Journal of Organizational Behavior, 39(5), 559-579. (with D.E. Rupp, D.P. Skarlicki, E. L. Paddock, T. Y. Kim, and T. Nadisic)

Shen, Winny (2019), “Employers’ Perspectives of Including Young People with Disabilities in the Workforce, Disability Disclosure and Providing Accommodations,” Journal of Vocational Rehabilitation, 50, 141-156. (with S. Lindsay, E. Cagliostro, J. Leck, and J. Stinson)

Shao, Ruodan (2018), “Ethical Leadership and Employee Knowledge Sharing: Exploring Dualmediation Paths,” The Leadership Quarterly, 29(2), 322-332. (with Y. L. Bavik, P.M. Tang, and L.W. Lam)

Shen, Winny (2019), “Personal and Situational Antecedents of Workers’ Implicit Leadership Theories: A Within-Person, Between-Jobs Design,” Journal of Leadership & Organizational Studies, 26(2), 204-216.

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Shen, Winny (2019), “The Effects of US Presidential Elections on Work Engagement and Job Performance,” Applied Psychology: An International Review, 68(3), 547-576. (with J.W. Beck)

Tan, Justin (Forthcoming), “Identification and Breakthrough of Innovation ‘Blind Spots’ in Focal Firms under Innovation Ecosystem: A Case Study,” R&D Management. (with J. Song and Y. Zhang)

Shen, Winny (2019), “What to do and What Works? Exploring how Work Groups Cope with Understaffing,” Journal of Occupational Health Psychology, 24(3), 346-358. (with K. Chang, K-T. Cheng, and Y. Kim)

Tan, Justin (Forthcoming), “Modeling and Analyzing the Evolution Mechanism of Industrial Innovation Network,” Journal of Management Science. (with H. Zhang and R. Lin)

Shen, Winny (2019), “Why Still so Few? A Theoretical Model of the Role of Benevolent Sexism and Career Support in the Continued Underrepresentation of Women in Leadership Positions,” Journal of Leadership & Organizational Studies, 26(3), 287-303. (with J. Hideg) Shum, Pauline (2018), “Relative Liquidity, Fund Flows and Short-Term Demand: Evidence from Exchange-Traded Funds,” The Financial Review, 53(1), 87-115. (with M.S. Broman) Smithin, John (2018), “Money and Totality: A Review Essay,” Journal of Post Keynesian Economics, 41(1), 139-155.

Tan, Justin (2018), “A Review about Theory and Methods for Management Research,” Management Quarterly.

Tan, Justin (2018), “Dancing with Wolves: How Disadvantaged Firms Fare in Asymmetric Alliances in China,” Journal of Asia-Pacific Business, 19(3), 140-165. (with W. Li) Tan, Justin (2018), “How Chinese Companies Deal with a Legitimacy Imbalance when Acquiring Firms from Developed Economies,” Journal of World Business, 53(5), 752-767. (with H. Zhang, M.N. Young, and W. Sun) Tan, Justin (2018), “Post Entry Diversification in a Shifting Institutional Environment: How Strategy Patterns Differ for De Novo and Corporate Spin-off Ventures,” Journal of Small Business Management, 56(S1), 281-296. (with X. Xie and H. Neill) Tan, Justin (2018), “The Impacts of Spatial Positioning on Regional New Venture Creation and Firm Mortality over the Industry Life Cycle,” Journal of Business Research, 86, 41-52. (with L. Wang and W. Li) Tan, Justin (Forthcoming), “Exploring the Role of University-Run Enterprises in Technology Transfer from Chinese Universities,” Management and Organization Review. (with X. Li) Tan, Justin (Forthcoming), “How Do Power and Status Differ in Predicting Unethical Decisions? A Cross-National Comparison of China and Canada,” Journal of Business Ethics. (with Y. Liu, S. Chen, and C. Bell)

Tan, Justin (Forthcoming), “Social Structure of Regional Entrepreneurship: De Novo Entrants and Collective Action through Business Associations,” Entrepreneurship Theory and Practice. (with L. Wang) Tasa, Kevin (2018), “Bridging Racial Divides: Social Constructionist (vs. Essentialist) Beliefs Facilitate Interracial Trust,” Journal of Experimental Social Psychology, 74, 121-134. (with F.Y.H. Kung, M.M. Chao, D. Yao, W.L. Adair, and J.H. Fu) Thorne, Linda (2018), “Dysfunctional Behaviour in Organizations: Insights from the Management Control Literature,” Auditing: A Journal of Practice and Theory, 37(4), 117-141. (with K. Fiolleau and T. Libby) Thorne, Linda (2019), “The Effect of Interactional Fairness and Detection on Taxpayers’ Compliance Intentions,” Journal of Business Ethics, 154(1), 167-180. (with J. Farrar and S. Kaplan) Thorne, Linda (Forthcoming), “Tax Fairness: Conceptual Foundations and Empirical Measurement,” Journal of Business Ethics. (with J. Farrar, D.W. Massey, and E. Osecki) Thorne, Linda (Forthcoming), “Thematic Symposium: Accounting Ethics and Regulation: SOX 15 Years Later,” Journal of Business Ethics. (with S. Gunz) Tsang, Albert (2018), “A Corporate Social Responsibility Framework for Accounting Research,” The International Journal of Accounting, 53(4), 274-294. (with S. Radhakrishnan and R. Liu) Tsang, Albert (2018), “Audited Financial Reporting and Voluntary Disclosure: International Evidence on Management Earnings Forecasts,” International Journal of Auditing, 22(2), 249-267. (with X. Kong, R. Liu, and Z. San) Tsang, Albert (2019), “Corporate Social Responsibility Report Narratives and Analyst Forecasts Accuracy,” Journal of Business Ethics, 154(4), 1119-1142. (with V. Muslu, S. Mutlu, and S. Radhakrishnan) Tsang, Albert (2019), “Country-level Institutions and Management Earnings Forecasts,” Journal of International Business Studies, 50(1), 48-82. (with W. Li, J. Ng and O. Urcan)

Tsang, Albert (2019), “Mandatory IFRS Adoption and Management Forecasts: The Impact of Enforcement,” China Journal of Accounting Research, 12(1), 33-61. (with Z. Gu and J. Ng) Tsang, Albert (2019), “Professional Accountancy Organizations and Stock Market Development,” Journal of Business Ethics, 157(1), 231-260. (with H. Huang and X. Kong) Tsang, Albert (Forthcoming), “Causes and Consequences of Voluntary Assurance of CSR Reports: International Evidence Involving Dow Jones Sustainability Index Inclusion and Firm Valuation,” Accounting, Auditing and Accountability Journal. (with Y. Li, G. Richardson, and P. Clarkson) Tsang, Albert (Forthcoming), “Cross-listings and Voluntary Disclosure: International Evidence,” Journal of Financial Reporting. (with L. Chen, Y. Dong, and J. Ng) Tsang, Albert (Forthcoming), “Foreign Institutional Investors and Voluntary Disclosure around the World,” The Accounting Review. (with F. Xie and X. Xin) Tsang, Albert (Forthcoming), “Foreign Institutional Ownership and the Choice between Public and Private Debt,” Journal of International Accounting Research. (with J. Hu and A. Mensah) Tsang, Albert (Forthcoming), “Voluntary Corporate Political Spending Disclosure,” Journal of Corporate Finance. (with J. Liu and L. Goh) Valente, Michael (2018), “Meta-Organization Formation and Sustainability in Sub-Saharan Africa,” Organization Science, 29(4), 678-701. (with C. Oliver) Veresiu, Ela (2018), “Beyond Acculturation: Multiculturalism and the Institutional Shaping of an Ethnic Consumer Subject,” Journal of Consumer Research, 45(3), 553-570. (with M. Giesler) Veresiu, Ela (2018), “The Consumer Acculturative Effect of State-subsidized Spaces: Spatial Segregation, Cultural Integration, and Consumer Contestation,” Consumption, Markets and Culture.

Voronov, Maxim (2018), “Sustainability in the Face of Institutional Adversity: Market Turbulence, Network Embeddedness, and Innovative Orientation,” Journal of Business Ethics, 148(2), 437-455. (with D. De Clercq and N. Thongpapanl) Waitzer, Edward (2018), “In Search of Things Past and Future: Judicial Activism and Corporate Purpose,” Osgoode Hall Law Journal, 55(3), 791-826. (with D. Sarro) Waitzer, Edward (2018), “Rethinking the Purpose of the Corporation,” Journal of Applied Corporate Finance, 30(2), 18-21.

Yeomans, Julian Scott (2018), “A BiologicallyInspired Metaheuristic Approach for the Simultaneous Generation of Alternatives,” International Journal of Computers in Clinical Practice, 3(2), 1-12.

Yeomans, Julian Scott (2018), “A Simultaneous, Simulation-Optimization Modelling-to-GenerateAlternatives Approach for Stochastic Water Resources Management Decision-Making,” International Journal of Advancement in Engineering Technology, Management and Applied Science, 5(2), 57-73.

Yeomans, Julian Scott (2018), “An Algorithm for Generating Sets of Maximally Different Alternatives Using Population-Based Metaheuristic Procedures,” Transactions on Machine Learning and Artificial Intelligence, 6(5), 1-9.

Yeomans, Julian Scott (2018), “An Efficient Simultaneous Modelling-to-Generate-Alternatives Algorithm,” Journal of Scientific and Engineering Research, 5(4), 238-246.

Yeomans, Julian Scott (2018), “Anomaly Interactions and the Cross-Section of Stock Returns,” Fuzzy Economic Review, 23(1), 33-61. (with V. Karell) Yeomans, Julian Scott (2018), “Comparison of the Multicriteria Decision-Making Methods for Equity Portfolio Selection: The U.S. Evidence,” European Journal of Operational Research, 265(2), 655-672. (with E. Pätäri, V. Karell, and P. Luukka) Yeomans, Julian Scott (2018), “Computationally Testing the Efficacy of a Modelling-to-Generate-Alternatives Procedure for Simultaneously Creating Solutions,” Journal of Computer Engineering, 20(1), 38-45.

Yeomans, Julian Scott (2018), “The Dirty Dozen of Valuation Ratios: Is One Better than Another?”

Journal of Investment Management, 16(2), 65-98. (with E. Pätäri, V. Karell, and P. Luukka) Zhu, Luke (2018), “Prosocial Response to Clientinstigated Victimization: The Roles of Forgiveness and Workgroup Conflict,” Journal of Applied Psychology, 103(5), 513-536. (with J.E. Booth, T.Y. Park, T.A. Beauregard, F. Gu, and C. Emery) Zwick, Detlev (2018), “Creating Worlds that Create Audiences,” TripleC – Journal for a Global Sustainable Information Society, 16(2), 820-834. (with V. Charitsis and A. Bradshaw) Zwick, Detlev (2018), “No Longer Violent Enough?: Creative Destruction, Innovation and the Ossification of Neoliberal Capitalism,” Journal of Marketing Management, 34(11-12), 913-931.

Zwick, Detlev (Forthcoming), “Activism and Abdication on the Inside: The Effect of Everyday Practice on Corporate Responsibility,” Journal of Business Ethics. (with M. Carrington and B. Neville)

Spotlight on Research 2019 71

PhD Academic Activities

The Schulich School of Business is globally recognized for producing top-calibre research in its pursuit of discovery and innovation. Our commitment to scholarly excellence, along with our strong sense of social responsibility, is making a difference to how

Schulich’s PhD program encourages students to start translating their research interests into

businesses are evolving. The future trajectory of Schulich’s research path promises

peer-reviewed publications from the earliest stages of their academic careers. And many

accelerated growth and development, transformational ideas, and increased engagement

are quite successful in establishing an enviable track record by the time they are ready to

over the application of new knowledge to the benefit of society.

graduate and take up their initial academic posting. These young scholars make us proud!

schulich.yorku.ca/faculty-research

PUBLICATIONS

Journal Articles Kermani, Mohammad S. (Forthcoming), “Cultural Differences in Psychological Reactance: Responding to Social Media Censorship,” Current Psychology. (with A.H. Ng and R.N. Lalonde) Taylor, Nukhet (2019), “Supersize My Chances: Promotional Lotteries Impact Product Size Choices,” Journal of Consumer Psychology, 29(1), 79-88. (with T. Noseworthy and E. Pancer)

Taylor, Nukhet (Forthcoming), “Compensating for Innovation: Extreme Product Incongruity Encourages Consumers to Affirm Unrelated Consumption Schemas,” Journal of Consumer Psychology. (with T. Noseworthy) Yang, Jie (2018), “Subnational Institutions and Location Choice of Emerging Market Firms,” Journal of International Management, 24(4), 317-332.

Zhou, Xinyao (Joseph) (Forthcoming), “The Dynamic Effect of Macroeconomic News on the Euro/US dollar Exchange Rate,” Journal of Forecasting. (with W.B. Omrane and R. Welch) Zhou, Xinyao (Joseph) (Forthcoming), “Time-varying Effects of Macroeconomic News on Euro-Dollar Returns,” North American Journal of Economics and Finance. (with W.B. Omrane, T. Savaşer, and R. Welch

Book Chapters Phung, Kam (2018), “Slavery and its Links to Organizations.” In R. Burke and C. Cooper (Eds.), Violence and Abuse in and around Organisations (pp. 273-291). Abingdon, UK: Routledge.

Phung, Kam (2018), “The Business of Modern Slavery: Management and Organizational Perspectives.” In J.B. Clark and S. Poucki (Eds.), The SAGE Handbook of Human Trafficking and Modern Day Slavery (pp. 177-197). London, UK: Sage. (with A. Crane)

AWARDS Guzel, Gulay T. (2019), Best PhD Poster Award for “When a House Can’t Be Your Home: How Markets Manage Supply Scarcity,” Research Day 2019, Schulich School of Business, York University.

Phung, Kam (2018), Best Business Ethics Paper Award for “Innovations in the Business Models of Modern Slavery: The Dark Side of Business Model Innovation,” 78th Annual Meeting of the Academy of Management. (with A. Crane, G. LeBaron, L. Behbahani, and J. Allain)

72 Schulich School of Business

Phung, Kam (2018), Social Issues in Management Best Paper Award for “Innovations in the Business Models of Modern Slavery: The Dark Side of Business Model Innovation,” 78th Annual Meeting of the Academy of Management. (with A. Crane, G. LeBaron, L. Behbahani, and J. Allain) Densmore, Michael (2019), CFA Hillsdale Investment Research Award for “Does Sub-Advising Abroad Improve the Performance of International Mutual Funds?” CFA Society Toronto. (with P. Shum and M. Broman)

Furman, Eugene (2019), CORS Queueing SIG Annual Student Paper Prize for “Customer Acquisition and Retention: A Fluid Approach for Staffing,” Canadian Operational Research Society.

NEW WAYS OF THINKING. NEW OPPORTUNITIES. The trajectory of research taking place at the Schulich School of Business is on the rise. Research has deepened our knowledge, developed our thinking and expertise, and connected us like never before to the business world and organizations that we study.

Our faculty are the lifeblood of our research program, and the areas of their research are diverse. Many of our faculty have achieved world acclaim through their research and student acclaim with the quality of their teaching and ability to inspire.

Schulich School of Business Rob and Cheryl McEwen Graduate Study & Research Building York University 4700 Keele Street Toronto, Ontario, Canada M3J 1P3 (416) 736-5878 (tel) (416) 736-5762 (fax) research@schulich.yorku.ca

Global Reach.

Innovative Programs.

Diverse Perspectives.

schulich.yorku.ca/faculty-research