ISSUE 6, MICHAELMAS TERMS 2017 Welcome from the Research Dean Welcome to the sixth edition of the Saïd Business School Research As ever, it’s great to see so many Newsletter, the first of the 2017 to 2018 academic year and my first interesting and innovative research papers as Associate Dean of Research. I’d like to thank Felix, my predecessor, and publications being produced. Please for all his hard work over the last few years. Under Felix’s leadership, do remember to Act on Acceptance so the School’s research activities and outputs expanded in scale, scope, we can keep fully up to date with what is and quality, and we are in a strong position to plan for the future. I look being published. I am sure I don’t need to forward to continuing along these lines, and introducing the School’s new remind you of the importance of this for research strategy, which we will discuss with Faculty in early 2018. ensuring your work is recognised through the proper channels. For those of you producing working papers, we are As always, Michaelmas term brought new arrivals and activity. We able to host these on SSRN through the Saïd Business School Working Paper welcomed 11 new DPhil students, 12 new postdoctoral researchers, series – see page 7 for more information about this and Act on Acceptance. and four new faculty members. We opened the new Business Research Hub (see page 2), which is a workspace for researchers in the Mars We celebrate some of the best of this work each term through the Dean’s Mutuality in Business project, the Ford Foundation Programme on Seminars: this term, we invited Amir Amel-Zadeh to talk about his research Corporate Ownership and Purpose, and the Oxford/EY project on on financial disclosures and, our previous host, Felix Reed-Tsochas to show Changing Conceptions of Corporate Purpose. We also officially launched how his work on complex dynamic networks can be help address some of our second research initiative, the Future of Real Estate Initiative, led by the problems encountered in hospitals (see page 2). The Social Sciences Andrew Baum, and Matthias Holweg started the Digitally Empowered Division also featured retailing research by Jonathan Reynolds on ‘the death of Enterprise Lab (DE2 Lab), which will be a network for members of our the High Street’ – we have printed their case study on page 8 for you to read. faculty and research community who work on digital topics (see page Looking ahead to Hilary term, we have our regular termly calls for the 4). Our first research initiative – the Future of Marketing Initiative – Research Assistant Fund and Faculty Research Fund – please contact welcomed Facebook as a partner, joining Allianz, General Assembly, the research office if you have questions. We will also be talking Kantar, L’Oréal, Nucleus Marketing Solutions, and Teradata (see page 5). more about REF2021 and outlining our processes for beginning The Creating Economic Space for Social Innovation project (CrESSI) will preparations. I am the School’s designated REF Coordinator, and we come to a close in January with its final conference here in Oxford (see have already been working closely with the Social Sciences Daivision page 5). The project has involved eight universities from all over Europe since the guidelines were released by HEFCE this autumn. and its research has had global reach in a brand-new area of study. Andrew Stephen, Associate Dean of Research Professor David Upton (1959–2017) We were sad to say goodbye to our esteemed colleague, David Upton, Kristina Dahlin, Associate Professor in Engineering American Standard Companies Chair and Entrepreneurship in Operations Management, who passed away in August. Tim Galpin, Senior Lecturer of Strategy and Innovation David was an inspired and an Michael Gill, Associate Professor of Organisation Studies inspiring colleague who not only Felipe Thomaz, Associate Professor of Marketing cultivated an unending enthusiasm for all things technical, but Researchers approached his work with a critical, far-reaching and intelligent eye. Siddharth Arora Anantha Krishna Divakaruni His research was influential and Wendy Bradley Bridget Kustin groundbreaking, yet he leaves behind much still to be done, especially in his unfinished work on cybersecurity. Kevin Curran Mahima Mitra David’s colleagues celebrated his life and his contribution to the field at Clarissa Hauptmann Rita Mota a memorial lecture on 12 December. Ellen He Sudhir Rama Murthy Peter Tufano, Peter Moores Dean Leonie Hug Eddy Tam Honours and awards Amir Amel-Zadeh received the 2017 FARS internationally. He joins 29 others who have Andrew Stephen received the ‘Best paper Excellence in Reviewing Award from the ever held this title in the institute’s history. award for research on the practice of marketing’ American Accounting Association. Mike also received the 2018 Richard Musgrave by the American Marketing Association’s Visiting Professorship for scholars in public finance Innovation, Technology and Interactivity Special Abrar Chaudhury was awarded the at the International Institute of Public Finance Interest Group (TechSIG) and the Lazardis Academy of Management Organisation and and the CESifo Group. He will deliver the Richard Institute of Wilfrid Laurier University. Natural Environment (ONE) division’s ‘Best Musgrave Lecture in Munich on 12 April 2018. dissertation award’ for 2017. Andrew was also appointed Associate Editor A special issue of Journal of Professions and for the Journal of Consumer Research from Richard Cuthbertson was invited to be a Fellow Organization edited by Michael Smets 1 January, reappointed to the editorial board of the Institute of Asian Consumer Insight (ACI). and Tim Morris on ‘25 years since ‘P2’: of the Journal of Consumer Psychology for Michael Devereux was awarded an Honorary Taking stock and charting the future of the another term, and was appointed as the only Fellowship of the Chartered Institute of professional organization’ has been selected academic on General Assembly’s marketing Taxation on the basis of his huge contribution to be made open access. standards board, alongside CMOs and CEOs to the tax policy-making debate in the UK and from some leading global companies. Dean’s Seminars reports that are mandatory in the as the interactions change over US, subtle changes to the text in the time. In past research, Felix has narrative sections of the report are partnered with colleagues across a linked to negative firm performance. range of disciplines to apply these The same link occurs when methods to help predict phenomena executives’ disclosures attempt to and identify areas for future study. disguise sales of their own firms’ In recent papers, Felix worked shares as necessary diversification. with DPhil student and Oxford- Similarly, his research into merger Cambridge-National Institute announcements suggests that of Health scholar Jeff Lienert to voluntary disclosures of earnings apply these methods to medical forecasts, when made by credible and healthcare scenarios. Through managers, can effectively convince applying network analysis, shareholders of the benefits of these they found that the success of mergers, even when they decrease chemotherapy, for example, can the value of the firm. rely on the other people each patient is treated with. They also From patient co-presence networks (Mis)information in financial markets or voluntary, these disclosures can found that these networks could in hospitals to health outcomes: have a large effect on the company’s be used as an effective screening Amir Amel-Zadeh, social and biological mechanisms performance in financial markets. tool for hospital infections such as Associate Professor of Accounting Felix Reed-Tsochas, James Martin MRSA and norovirus. Amir’s research examines the effects Companies use many methods to Lecturer in Complex Systems of such disclosure on markets Watch the videos and read the make their financial information and firms’ performances and has Complex network analysis maps full summaries at: bit.ly/Deans- available to the market. Whether consistently found links between the complicated webs of interaction Seminars-summaries-videos involuntary – through mandatory two. For example, in the 10K annual between different actors (‘agents’) reporting required by regulators – DPhil corner New convener for DPhil in Job market successes Professional at the World Bank • Ezequiel Zylberberg, Management Research Congratulations to those of our • Farzana Dudhwala, Post- Post-Doctoral Associate Michael Smets took over from DPhils who were successful in Doctoral Researcher at the at MIT Industrial Tom Lawrence as Convener the job market in 2016–17: Nuffield Department of Performance Center for the DPhil in Management • Vimal Balasubramaniam, Primary Care Health Sciences, New class of 2017 Research pathway from 1 Assistant Professor of Finance University of Oxford The following DPhil students September. The DPhil programme at the University of Warwick • Andrew Elliott, Research Fellow joined the school in October: team are very grateful to both • Mehmet Canayaz, Assistant at the Alan Turing Institute Tom for his service and Michael Professor of Finance at Penn • Mary Johnstone-Louis, Senior Bingcun Dai, Jonas Frey, for taking on the role, which is State University Research Fellow at Oxford Saïd Bill Fritz, Diane Fu, particularly fitting as Michael was • Guillermo Casasnovas, • Tong Wu, Assistant Professor Manuel Hepfer, Ryan Lee, once an Oxford DPhil student Post-Doctoral Fellow at IESE at Sun Yat-Sen University Alexander Montag, himself (2003–8). Business School in Spain Business School – Lingnan Magdalena Plesa, Zhibo Qiu, • Anna Custers, Young College in China Tatjana Schulze, Qirong Song. 2 RESEARCH COMMUNITY NEWS Research in the news Cammy Crolic’s research on hedonic news topics in the automotive industry for Andrew Stephen wrote about topics such as escalation was covered by the Daily Mail Forbes, BBC News 24 and Automotive World. influencer marketing and artificial intelligence Online, The Times, the Evening Standard and in his monthly column on the Forbes CMO Sally Maitlis’s research on callings was the Australian.