Paola Perez-Aleman, Associate Professor in Strategy and Organization, awarded 2019 SSHRC Partnership Engage Grant.
Authors: Patrick Augustin, Mikhail Chernov and Dongho Song
Publication: Journal of Financial Economics, Forthcoming
Abstract:
Sovereign CDS quanto spreads tell us how financial markets view the interaction between a country鈥檚 likelihood of default and associated currency devaluations (the Twin Ds). A no-arbitrage model applied to the term structure of Eurozone quanto spreads can isolate the Twin Ds and gauge the associated risk premiums. Conditional on the occurrence of default, the true and risk-adjusted 1-week probabilities of devaluation are 42% (2%) and 90% (55%) for the core (periphery) countries. The weekly risk premium for Euro devaluation in case of default for the core (periphery) exceeds the regular currency premium by up to 18 (13) basis points.
Authors: Guohua He, Ran An, and Patricia Faison Hewlin
Publication: Chinese Management Studies, Vol. 13, No. 3, August 2019, Pages 645-663
Abstract:
Authors: Ines Chaieb, Vihang Errunza, and Rajna Gibson Brandon
Publication: The Review of Financial Studies, Forthcoming
Abstract:
There is significant heterogeneity in the degree and dynamics of sovereign bond market integration across 21 developed and 18 emerging countries. We show that better spanning can significantly enhance market integration through local risk premia dissipation. Integration of the sovereign bond markets increases on average by about 10%, when a country moves from the 25th percentile to the 75th percentile as a result of higher political stability and credit quality, lower inflation and inflation risk, and lower illiquidity. The 10% increase in integration leads to, on average, a decrease in the sovereign cost of funding of about 1% per annum.
At the Academy of Management annual meeting in Boston, Desautels Professor Nancy J. Adler received the AMLE Decade Award for her journal article entitled 鈥淲hen Knowledge Wins: Transcending the Sense and Nonsense of Academic Rankings.鈥
Mehmet Gumus, Associate Professor in Operations Management was recently awarded a 2019 NSERC Discovery Grant.
Design and Analysis of Data-driven Pricing and Supply Chain Strategies for Online Multi-sided Platforms
Recently, there is growing research focusing on the use of data-driven methods for the management of multi-sided retail platforms that are exposed to increasing degrees of online and offline data streams.
Congratulations to Wei Qi,聽Assistant Professor in Operations Management, awarded 2019 NSERC Discovery Grant聽鈥淭owards a Smart-City Future: Urban-Scale Integration of Mobility and Energy Systems鈥.
Congratulations to聽Guillaume Roussellet,聽Assistant Professor in Finance,聽awarded 2019 FRQSC New Academics Grant (Soutien 脿 la recherche pour la rel猫ve professorale) 鈥淔acteurs de volatilit茅 et valorisation du VIX鈥
Congratulations to聽Wei Qi,聽Assistant Professor in Operations Management, awarded the 2019 FRQSC New Academics Grant (Soutien 脿 la recherche pour la rel猫ve professorale)聽鈥淟e partage de la mobilit茅 durable dans les villes intelligentes鈥 (鈥淪haring Sustainable Mobility in Smart Cities鈥).聽
Authors: K.-Y. Huang, I. Chengalur-Smith, and Alain Pinsonneault
Publication: MIS Quarterly: Management Information Systems, Volume 43, Issue 2, June 2019, Pages 395-423
Abstract:
Individuals increasingly rely on healthcare virtual support communities (HVSCs) for social support and companionship. While research provides interesting insights into the drivers of informational support in knowledge-sharing virtual communities, there is limited research on the antecedents of emotional support provision and companionship activities in HVSCs. The unique characteristics of HVSCs also justify the need to reexamine members鈥 voluntary provisions of help in such communities. This paper develops a model that examines the relationships between the structural, relational, and cognitive dimensions of social capital and the provision of informational and emotional support, and engagement in companionship activities in HVSCs. The model is tested based on data generated through an automated method that classifies and analyzes user-generated text in three healthcare virtual support communities (breast, prostate, and colorectal cancer). The results show that all three dimensions of social capital impact the provision of emotional support; both structural and relational capital facilitate engagement in companionship activities; and only cognitive capital enables the provision of informational support. Research and practical implications on the need to facilitate informational and emotional support provision and companionship activities in healthcare virtual support communities are discussed.
Authors: H. Liang, Y. Xue, Alain Pinsonneault and Y. Wu
Publication: MIS Quarterly: Management Information Systems, Volume 43, Issue 2, June 2019, Pages 373-394
Abstract:
This paper investigates how individuals cope with IT security threats by taking into account both problem-focused and emotion-focused coping. While problem-focused coping (PFC) has been extensively studied in the IT security literature, little is known about emotion-focused coping (EFC). We propose that individuals employ both PFC and EFC to volitionally cope with IT security threats, and conceptually classify EFC into two categories: inward and outward. Our research model is tested by two studies: an experiment with 140 individuals and a survey of 934 respondents. Our results indicate that both inward EFC and outward EFC are stimulated by perceived threat, but that only inward EFC is reduced by perceived avoidability. Interestingly, inward EFC and outward EFC are found to have opposite effects on PFC. While inward EFC impedes PFC, outward EFC facilitates PFC. By integrating both EFC and PFC in a single model, we provide a more complete understanding of individual behavior under IT security threats. Moreover, by theorizing two categories of EFC and showing their opposing effects on users鈥 security behaviors, we further examine the paradoxical relationship between EFC and PFC, thus making an important contribution to IT security research and practice.
Authors: Myriam Ertz, S茅bastien Leblanc-Proulx, Emine Sarigollu and Vincent Morin
Publication: Journal of Cleaner Production, Vol. 234, 10 October 2019, Pages 867- 880
Abstract:
Authors: Brad N. Greenwood, Kartik K. Ganju and Corey M. Angst
Publication: Information Systems Research, Vol. 30, No. 2, June 2019, Pages 563-594
Abstract:
Although significant research has examined the effect of enterprise information systems on the behavior and careers of employees, the majority of this work has been devoted to the study of blue- and gray-collar workers, with little attention paid to the transformative effect information technology may have on high-status professionals. In this paper, we begin to bridge this gap by examining how highly skilled professionals react to the increasing presence of enterprise systems within their organizations. Specifically, we investigate how the implementation of enterprise systems-in the form of electronic health records-affects the decision of physicians to continue practicing at their current hospital. Results suggest that when enterprise systems create complementarities for professionals, their duration of practice at the organization increases significantly. However, when technologies are disruptive and force professionals to alter their routines, there is a pronounced exodus from the organization. Interestingly, these effects are strongly moderated by individual and organizational characteristics, such as the degree of firm-specific human capital, local competition, and the prevalence of past disruptions, but are not associated with accelerated retirement or the strategic poaching of talent by competing organizations.
Authors: Dror Etzion and Joel Gehman
Publication: Academy of Management Review, Volume 44, Issue 2, Pages 480 鈥 492, April 2019
础产蝉迟谤补肠迟:听
In this review essay, we assess the shale revolution through the lens of management theory and practice. First, we contend that fracking in America is a textbook example of 鈥済ood鈥 management. Nonetheless, as we subsequently document, fracking鈥檚 influence extends beyond immediate impacts in many social, environmental, and economic spheres, often with negative repercussions. Although management scholars have remained on the sidelines, academics from a variety of other disciplines have actively participated in this debate. We identify several topics where management scholars seem positioned to contribute well-informed opinions on fracking.聽 We close the essay by posing suggestions for what such public engagement might look like. First, we consider the kinds of problems that might lend themselves to public debate. Second, we tackle questions related to the ground rules for such debates, in terms of potential norms. Finally, we differentiate the kinds of public debates we have in mind from other forms of academic relevance. Essentially, we advocate for 鈥済oing public鈥 as a complement to rigorous and evidence-based academic research.
Authors: Dror Etzion
Publication: Nature Sustainability, Volume 1, Issue 12, Pages 744 -749, December 2018
础产蝉迟谤补肠迟:听