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2015 ANNUAL REPORT 2016 ESADE Foundation GRI tablesintheannexes. contain referencesrelatedtothe The innermarginsofsomepages Initiative. of theGlobalReporting meetstheguidelines This Report

COVER GRI: G4 - 3 / G4 - 28 2015-2016 ESADE FOUNDATION ANNUAL REPORT Contents

10 16 28 1. New developments 2. Mission, values 3. Academic and key facts and social responsibility units 42 58 74 4. Research 5. OUTREACH 6. Global and knowledge AND SOCIAL DEBATE outlook 90 98 110 7. People, 8. Private 9. Governing infrastructure and resources contributions bodies 116 126 130 10. ESADE 11. ECONOMIC ANNEXES ALUMNI INFORMATION BUSINESS SCHOOL LAW SCHOOL FACULTY CAMPUS 2,459 1,104 1,103 85 66 77,287 m2 Students International Students International Other Total area students students 155 faculty members Faculty 28 BCN MAD Core Language 32,655 m2 BCN · Pedralbes 2,625 m2 campus instructors 42,007 m2 BCN · St. Cugat STAFF MEMBERS INCOME 364 50 €99 M People Internationals In gross income

1,190 in the Bachelor of Business Administration (BBA) 328 in the Bachelor in Law 217 in the Double Degree in Business Administration and Law 116 in the Bachelor in Global Governance 669 in the MSc Programmes in Management 217 in the Double Degree in Business Administration and Law 335 in the MBA 279 in the Master in Legal Practice 11 in the Master of Research 148 in master’s and postgraduate programes 37 in the PhD Programme 15 in the PhD Programme €11 M for ESADE Law School #5 €41 M for ESADE Business School European business school €35 M for Executive Education FINANCIAL TIMES (DECEMBER 2015) €3 M for research EXECUTIVE EDUCATION €9 M scholarships, aid and discounts 5,837 1,868 RESEARCH EVENTS Students International 9,399 Students in total students 18 110 13 248 25,101 1,742 in Executive Education (EMBA, Executive Masters, Corporate programmes) * The 217 students in the Double Degree in Business Administration Centers Articles Accredited Public Participants and Law mentioned in this Annual Report are attributed of knowledge in refeered research events 1,020 in open programmes to both ESADE Business School and ESADE Law School. generation journals groups 3,075 in custom programmes ESADE ALUMNI 951 Public events with 41,761 participants 8 9

Manuel Raventós Eugenia Bieto Chairman Director General of ESADE of the ESADE Foundation Business & Law School

I am honoured to present the 2015-2016 Annual people from all over the world. As Chairman of the One of the key achievements of the 2015-2016 I would also like to highlight the dynamic spirit shown Report, which once again reflects ESADE’s dynamism Board of Trustees, I am proud that the number of young academic year was the progress made in implementing by the school in its various social debate initiatives, and commitment to society. The achievements people who are able to study at ESADE regardless of the Student First project, which was focused on updating most notably the Big Challenges sessions, which seek described in this report did not come about by chance. their social origin and family income is growing year our educational model; globalisation and the digital to address the major global challenges in the political They are the result of ESADE’s global vision and ability after year. revolution present institutions of higher education and social arena from different angles. to anticipate events – characteristics reflected in the with new challenges. ESADE aims to transform the institution’s 2014-2018 Strategic Plan. Finally, I would like to express my gratitude to the educational experience we offer the students and Furthermore, in line with the Social Responsibility members of the ESADE Foundation Board of Trustees, participants in our various programmes, adapting to Master Plan, ESADE has continued its efforts to In today’s changing world, higher education institutions the International Advisory Board, the Professional the learning methods of future generations, but without promote various solidarity and volunteering initiatives; must make a major effort to adapt society’s expectations. Councils, the companies represented in the Assembly abandoning the values and identity of our institution. these include the University Development Service, This is why innovation is, has been and will always of Members, and all the individual donors who have Alumni Giving Back, the Institutional Social Action remain a permanent pattern at ESADE. The current contributed to the sustainability of the project. And At the same time, ESADE has reinforced its international Programme and social impact programmes such as priorities of ESADE are transforming the educational once again, I would like to extend my heartiest thanks profile through a variety of initiatives, such as the Learning and Doing. experience of our students, internationalising our to everyone who works at ESADE for helping, year after new MSc in Global Strategic Management taught in programmes and activities, incorporating advanced year, to make sure that ESADE will remain a leading partnership with the McIntire School of Commerce at In particular, I would like to mention and at the same technologies and cultivating stronger links to the institution in knowledge production, education and the University of Virginia (USA) and Lingnan College time thank all those people who have supported The business world. This Annual Report describes our social commitment. Thank you all very much. at Sun Yat-Sen University (China), the signing of new ESADE Challenge for Talent campaign, which was progress in each of these areas. exchange agreements with leading institutions in conceived with the aim of securing additional funds the field of Management and Law around the world, for the Scholarship Programme and in this way provide The institution’s vitality is also demonstrated by the extending the portfolio of international programmes in more opportunities for talented young people who breadth and dynamism of our alumni network, which Executive Education, the presence on our campuses lack sufficient financial resources. By the end of the has 60,000 members, nearly a third of whom live of students from more than 100 different countries academic year, more than one thousand people had outside . This network is an asset of the utmost and the network of 40 international Alumni Chapters. given their support to this campaign. importance for ESADE, thanks to the efficient and professional management of ESADE Alumni. It was also an intensive academic year in the field of Finally, I would like to take this opportunity to research. The results were particularly good in terms acknowledge the efforts and commitment of all those None of this would be enough to fulfil ESADE’s mission, of both the number of scientific publications and the who form part of the ESADE community: our faculty however, if it were not for our deeply rooted commitment research activity undertaken by faculty. These results and administrative and services staff. The positive to society – a founding purpose that has characterised have propelled ESADE to the forefront of debate in development of ESADE is due to them above all the school for nearly 60 years. This commitment is management, legal and social sciences, enhanced the others; besides their professionalism and dedication, reflected in multiple aspects documented in this Annual prestige of our research and teaching staff, and brought they have consistently demonstrated a high degree Report. One such aspect, which I am keen to highlight, new solutions to the problems faced by companies and of social commitment in their tireless support of the is our eagerness to provide opportunities to talented organisations today into the classroom. organisation and their participation in acts of solidarity. GRI: G4 - 1 GRI: G4 - 1 GRI: G4 - 1 annual report 11 1. New developments and key facts

9,399 students 77,287 m2 By striving to set an example in the field at ESADE Business School, of campus buildings of education and training, ESADE helps ESADE Law School to build a better future for society. and Executive Education

ESADE is an institution with a global outlook, dedicated to education and research in the fields of management and law. It is structured in 155 core €99 million three educational areas: ESADE Business School, ESADE Law School and faculty members in income Executive Education. ESADE strives to provide an example to follow in the field of education and training, helping to build a better future for society through an ongoing commitment to talent, integrity, excellence and innovation.

This Annual Report reflects the intense level of activity that ESADE has maintained over the past academic year in pursuit of this aim. The report provides a complete picture of the 2015-2016 academic year, the people who make up our institution, and the results obtained. 12 New developments and key facts annual report 13

ESADE BUSINESS SCHOOL ESADE LAW SCHOOL EXECUTIVE EDUCATION

2,459 students 1,103 students 5,837 participants

• 1,190 in the Bachelor of • 328 in the Bachelor in Law • 1,742 in Executive Education Business Administration (BBA) • 116 in the Bachelor in Global (EMBA, Executive Masters, • 217 in the Double Degree Governance corporate programmes) in Business Administration • 217 in the Double Degree • 1,020 in open programmes and Law in Business Administration • 3,075 in custom programmes • 669 in the MSc Programmes and Law in Management • 279 in the Master in Legal Practice • 335 in the MBA • 148 in master’s and • 11 in the Master of Research postgraduate programmes • 37 in the PhD Programme • 15 in the PhD Programme

1,104 international students 85 international students 1,868 international participants

9,399 students in total*

FACULTY RESEARCH SCHOLARSHIP PROGRAMME (talent scholarships) NEW DEVELOPMENTS • 155 core faculty members • 18 knowledge-creation centres • 66 other faculty members • 110 articles • 218 scholarship recipients During the 2015-2016 academic year, ESADE offered solidarity and volunteering initiatives such as those • 28 language instructors in refereed journals in all programmes the first subjects taught according to the institution’s developed by the University Development Service • 13 accredited research groups • €2.3 million allocated newly developed educational innovation model. This (SUD), Alumni Giving Back, the ESADE Challenge for 54 international faculty members to the Scholarship Programme model, designed to transform students’ education Talent scholarship campaign, the Institutional Social • Average percentage of tuition experience, is ESADE’s response to the challenges of Action Programme, and social-impact programmes like ESADE also had 1,057 academic INCOME 2015-2016 fees covered: 58% globalisation and the digital revolution, as well as the “Aprende y Emprende”, which targets entrepreneurs assistants during the 2015-2016 economic and psychosocial changes that they entail with disabilities. academic year. €99 million in gross income for higher education. CAMPUS €9 million in scholarships, The past year has reaffirmed ESADE’s position as ADMINISTRATIVE financial aid and discounts 77,287 m2 total area an internationally relevant player among the world’s AND SERVICE STAFF • 32,655 m2 on the business schools and law schools. This position is €90 million in net income -Pedralbes campus confirmed by our standing in the rankings, the great • 364 staff members • €11 million • 42,007 m2 on the variety of nationalities represented in our classrooms, for ESADE Law School Barcelona-Sant Cugat campus and the growing number of our alumni who opt to 50 international staff members • €41 million • 2,625 m2 on the pursue an international career. Similarly, ESADE’s for ESADE Business School Madrid campus numerous agreements of various types with leading • €35 million institutions all over the world is an eloquent indicator for Executive Education of the school’s reach. • €3 million for research

And if our global character defines us, so, too, does Fundraising: our commitment to society. This Annual Report €3 million in total income reflects our growing involvement in this area through * The 217 students in the Double Degree in Business Administration and Law mentioned

GRI: G4 - 8 GRI: G4 - 4 / 8 9 in this Annual Report are attributed to both ESADE Business School and ESADE Law School. 14 New developments and key facts annual report 15

RANKINGS ALUMNI

5th 7th • 60,000 alumni European business school Worldwide • 39 international chapters Financial Times América Economía (December 2015) (May 2016) NUMBER OF EVENTS AND PARTICIPANTS MSc 15th European ranking ESADE 6th Global Executive MBA • 248 public events Worldwide (Georgetown-ESADE) • 25,101 participants Master in Finance Financial Times Financial Times (October 2015) ESADE Alumni (June 2016) • 951 public events Executive Education • 41,761 participants 12th Worldwide 8th Master in International Worldwide Management Financial Times Financial Times (May 2016) (September 2015) ESADE Law School MBA 1st 6th Master in International European ranking Business Law The Economist El Mundo (October 2015) (June 2016)

8th 2nd European ranking Master in Tax Consultancy Financial Times and Management (January 2016) Master in ICT Law, Social Networks and Intellectual Property El Mundo (June 2016) annual report 17 2. Mission, values and social responsibility

Manuel Alfaro, ESADE joined ESADE is an academic institution founded appointed as ESADE the United Nations in Barcelona in 1958 as an initiative of civil society Ombudsman HeForShe campaign and the . It has been a part of Ramon Llull University since 1995.

Solidarity Day brought the entire staff together for a day of social action MISSION VALUES

To advance education and research in the areas of The ESADE community is committed to promoting a set management and law, by: of values that are consistent with human quality and academic and professional excellence, and to applying • Comprehensively educating professionally these values in the service of our local and global competent and socially responsible individuals. society. These values are integrity, respect, diversity, • Creating knowledge that is relevant to improving justice and the common good. In accordance with these organisations and society as a whole. values, the members of the ESADE community are • Contributing to the social debate in order to build committed to acting with personal integrity, professional freer, fairer and more prosperous societies. scrupulousness and social responsibility.

ESADE carries out its mission, inspired by the humanistic and Christian traditions, in the context of CODE OF CONDUCT intercultural dialogue. In July 2015, the Board of Trustees approved the ESADE Code of Conduct after an internal consultation VISION process involving the various groups that make up the institution. The Code of Conduct is an express ESADE aspires to be a leading academic institution in declaration of the principles and values that inspire and the fields of management and law by offering students orient ESADE’s conduct as an academic institution, as and executives from all over the world a high-quality well as a framework that guides our procedures and educational experience based on top-tier faculty and a behaviours, taking into account our various areas of unique educational model. It is internationally recognised activity and the various groups involved. for its links to the business world, its commitment to innovation and entrepreneurship, and its capacity to develop leaders who are responsible, collaborative and socially committed. ESADE’s sustainable economic model makes the school competitive in today’s highly

GRI: G4 - 15 / G4 - 35 GRI: G4 - 15 / 35 demanding global environment. 18 Mission, values and social responsibility annual report 19

ESADE, A SOCIALLY RESPONSIBLE ACADEMIC INSTITUTION SOCIAL RESPONSIBILITY MASTER PLAN

ESADE’s track record on social responsibility issues and the commitments it honours as part of various international The fundamental purpose of the Social Responsibility Master Plan is to organisations are clear from the school’s journey over the past 15 years: help make ESADE’s vision a reality. The objective of the Plan is to make ESADE an increasingly socially responsible and sustainable academic institution in all of its areas of activity.

In 2003, ESADE adopted the 10 principles of the United Nations Global 2002 2006 2011 Compact. The school committed to the Principles for Responsible Management Education (PRMEs) in 2007 and the Rio Declaration, on • Adhered in 2011. sustainable development, in 2011. In 2016, ESADE joined HeForShe, a • Founding member (2002). • Participation on the taskforce UN Women solidarity initiative to promote gender equality. • Supervisory Board member responsible for preparing (2002-2008). the Principles (2006). • Constant participation and host • Adhered in 2007. Through these voluntary commitments, the members of the ESADE of the 6th Annual Colloquium • Progress reports: 2010, 2012 • Aspen Institute Spain academic community have pledged to become more socially responsible representative (since 2011). (2007). and 2014. in their everyday activities, as detailed in this Annual Report. • Member of the Board (since 2012). • Participation in the PRME • Participant in the projects: Champions project coleadering “Economics and Peace the curricular development area Faculty Network” (2011) and (since 2013). “Undergraduate Business AREAS OF ACTIVITY Education Consortium” (2012, 2013 and 2014). Within the framework of the 2014-2018 Institutional Strategic Plan, a new Master Plan was developed to address the eight areas that make up the SR-ESADE model, as shown in the figure below: 2003 2009 2012

• Associated member (2009-2013). • Adhered in 2003. • Adherence to the Rio + 20 • Member of the Executive Committee declaration (2012), which includes for the Spanish Network (since the commitment to achieve 8 8 2008) . sustainability projects. Transparency • Progress reports: 2008, 2009 and • Updating commitments 2014-2018. & 2010 (GC Advanced), 2011, 2012, • Creation of the Net Impact Club Accountability 2013 and 2012.(included in (in 2009). 7 1 the GRI Report) • Gold Chapter Status obtained Institutional Training (in 2011). 2013 Social Action

• Participation in BGP Global 100 ranking: 2003 (Distinction), 2005 • Member of the Management Board (2nd), 2007 (14th), 2009 (32nd) and (2007-2012). 6 2011 (12th). 2010 • Preparation of ESADE’s Annual Environmental 2 Report according to GRI standards, Research Responsibility and integrating the Global Compact’s progress report • Adhered in 2010. (2011, 2012, 2013 and 2014).

• Participation since 2003. 5 3 • Declaration of our commitment Institutional Outreach & to institutionalise the SEKN network 2016 Policies Social Debate at ESADE (2009). 4 ESADE • Adhered in 2016. Community GRI: G4 - 15 / G4 - 16 GRI: G4 - 15 / 16 GRI: G4 - 15 / 56 20 Mission, values and social responsibility annual report 21

OBJECTIVES OF THE SR-ESADE MASTER PLAN MAIN INITIATIVES DURING THE 2015-2016 ACADEMIC YEAR

The five objectives of the Plan for the 2014-2018 period are as follows: Training Outreach and social debate

1. To collaborate on institutional policies and lines of action, promoting • ESADE offers a programme of professional • The Institute for Social Innovation held its 9th Annual the SR-ESADE model and approach. solidarity internships through the University Conference, where participants shared knowledge Development Service (SUD). During the 2015- about major trends in social innovation. 2. To collaborate with the community in order to promote the adoption 2016 academic year, 73 students participated of more socially and environmentally responsible behaviours and habits. in these internships, working on a total of 40 • ESADE launched Big Challenges, a new social-debate projects in 11 countries. initiative intended to create social awareness about 3. To collaborate on and coordinate initiatives and projects with key major global trends and promote in-depth reflection. stakeholders and national and international institutions in this field. • For the third consecutive year, ESADE organised the “Aprende y Emprende” programme in • Brands with a Conscience, a book co-authored by 4. To promote the communication, transparency and accountability of collaboration with the Prevent Foundation. This Prof. Oriol Iglesias, was presented. ESADE as a socially responsible institution through its main projects training and mentoring programme is designed for and initiatives. entrepreneurs with disabilities who aim to start a • ESADE hosted the UNIJES-promoted panel business or accelerate a recently created business discussion “The Ethics of Finance” and the 5. To develop the institutional social action programme and initiative. Two editions of “Aprende y Emprende” presentation of the eponymous book, which was coordinate solidarity and cooperation initiatives with the involvement have been held in Barcelona, as well as one edition co-authored by Prof. Carmen Ansotegui. At that of the ESADE community. in Madrid. A total of 63 entrepreneurs have been session, speakers reflected on the ethics and social trained, 18 scholarships have been awarded to function of finance, as well as the ethical dilemmas the best initiatives, and 40 professionals (faculty, faced by finance professionals with regard to issues tutors and executives) have been involved. The such as insider trading and conflicts of interest. third edition of the programme is now underway in Barcelona (June-November 2016) and the second edition in Madrid is scheduled to run from October ESADE community 2016 to March 2017. • ESADE held Solidarity Day, an event that Research encouraged the ESADE community to share, reflect and discover how small actions can help improve • ESADE collaborated on the development of the world. More than 120 people attended. ESADE a guide entitled Transformational Model for intends to organise new editions of the event on PRME Implementation, a new tool for integrating an annual basis. sustainability values into business schools and their programmes. • The AliaRS-E network continued to grow and now has 153 allies (staff and faculty) who support and • The 3rd ESADE–“la Caixa” Social Confidence promote social responsibility at ESADE. Index, which measures citizens’ social confidence in the present and future of Spain, was published • The 2nd Stakeholders Forum focused on the last year. Student First project and a review of SR-ESADE. A total of 41 people representing various groups • The 2015 Report of the Observatory on Values at ESADE – Board of Trustees, alumni, faculty, was jointly published by the ESADE Chair in staff, management – participated in the event. LeadershipS and Democratic Governance and the Carulla Foundation. GRI: G4 - 15 / G4 - 16 GRI: G4 - 15 / 16 22 Mission, values and social responsibility annual report 23

Institutional policies UNIVERSITY DEVELOPMENT SERVICE EXECUTIVE EDUCATION IN KINSHASA

Following the approval of ESADE’s Code of Conduct • Energy consumption. During the 2015-2016 The University Development Service (SUD) is responsible Prof. Pep Mària and Director General Eugenia –an express statement of the principles and values academic year, ESADE renegotiated its energy for organising, coordinating and promoting academic Bieto taught an intensive course entitled “Socially that inspire and guide ESADE’s behaviour as an rates and the power levels supplied. The institution cooperation for development. The SUD places knowledge Responsible Business Strategy” in July 2016 as part academic institution and a framework that explains also received certification of the energy quality of in the service of social justice through transformative of the Programme for Development in Management, how members of our community should conduct Building 2 on the Barcelona-Pedralbes campus professional experiences. These experiences, based Business and Leadership, co-organised by ESADE, the themselves– ESADE created the figure of ombudsman and made improvements in the electrical and air- on a dual service-learning educational methodology, are Congolese Association of Entrepreneurs (CADICEC) and during the 2015-2016 academic year and appointed conditioning installations. designed for students in the fourth year of the Bachelor the business school of Loyola University of the Congo. Manuel Alfaro to this post. In this capacity, Prof. of Business Administration (BBA), the Bachelor in Alfaro is responsible for ensuring compliance with the • Environmental impact. In the area of environmental Law, the MSc programmes and the MBA. During the MOMENTUM PROJECT Code of Conduct. He serves the academic community policy, ESADE has hired an environmental 2015-2016 academic year, 73 students participated (students, teachers, staff and alumni) as well as sustainability expert; acquired recycled furniture for in the SUD’s programmes, which have implemented The objective of the Momentum Project, organised ESADE’s suppliers and external stakeholders. Efforts classrooms and common areas; used only organic social-consultancy and legal-advice projects for various by BBVA and ESADE in collaboration with the PwC to raise the community’s awareness about the Code paints and varnishes; installed a new halogen- social entities, cooperatives and development projects Foundation, is to encourage entrepreneurs who have of Conduct have also been initiated. wiring system; used building materials that are in Bolivia, El Salvador, Nicaragua, Guatemala, Peru, undertaken projects that need to establish themselves CE-certified and have a BRE Environmental Rating; Costa Rica, Paraguay, Mexico, India and the Philippines. and ensure their viability. The Momentum Project offers Environmental responsibility refinished the library floor with resin instead of a full programme of training, strategic support and PVC; introduced recycled furniture and equipment COOPERATION WITH CENTRAL AMERICAN UNIVERSITIES access to financing, with the aim of improving the ESADE has continued its campaign for good in some offices and common areas; planted native participants’ projects and increasing their social and environmental practices. The aim of this campaign shrubs that require less water; and introduced the As part of ESADE’s cooperation agreement with the economic impact. Since 2011, the Momentum Project is to raise the community’s awareness and promote use of nitrate-free fertilisers. Jesuit universities of Central America (UCA), during has supported 49 initiatives that have benefited over behaviours and habits that are consistent with the the 2015-2016 academic year a course called “Social 1,200,000 people and earned more than €60 million. organisation’s vision of greater sustainability. The “The organisation has not identified any breaches of Entrepreneurship” was held at José Simeón Cañas following chart illustrates the changes in ESADE’s current environmental laws and regulations.” Central American University. The course was taught by consumption levels over the past several years: ESADE faculty members Alfred Vernis and Sira Abenoza, Social action and cooperation in collaboration with Andrew Lieberman of Santa Clara

2011 2012 2013 2014 2015 SOCIAL ACTION PROGRAMME: A SHARED PROJECT University’s Global Social Benefit Institute (GSBI). Forty- CONSUMPTION 2012 2013 2014 2015 2016 five instructors from theU CA in Guatemala, Nicaragua Paper 50 43 29 27 23.8 Because ESADE’s Social Action programme is open and El Salvador participated in this activity. (T) to the entire community, it encourages the collective Electricity 140 122 110 105 90,28 (kW/m2) experience of solidarity. The staff were invited to choose

Water the three entities that ESADE will collaborate with over 0.53 0.56 0.46 0.81 0.80 (m3/m2) a two-year period. In the third edition of the programme (2015-2016), ESADE collaborated with Caritas (in ESADE’s main environmental actions during the Barcelona and Sant Cugat), the Juan XXIII Foundation 2015-2016 academic year were as follows: (in Madrid) and Worldreader (internationally) on various initiatives: participation in academic activities and work • Awareness campaigns. To raise awareness in meetings, events and visits to NGOs, volunteering, and the community and promote good environmental support for efforts to publicise each entity’s work. practices, ESADE conducted internal awareness campaigns to coincide with World Food Day, World Energy Efficiency Day, World Environment Day and World Recycling Day, as well as Earth Hour and other international initiatives.

• “Avoid Plastic, Avoid Waste” is the slogan of ESADE’s campaign to eliminate plastic bottles from its Sant Cugat campus. The institution plans to expand the

initiative to its other campuses in the future. GRI: G4 - DMA / EN1 EN3 EN6 EN8 EN23 EN29 S01 GRI: G4 - DMA / S01 24 Mission, values and social responsibility annual report 25

“BRIDGE OF SOLIDARITY” BREAKFASTS RAISING AWARENESS ABOUT SOCIAL RESPONSIBILITY AT ESADE Each year, ESADE organises two “Bridge of Solidarity” • Various collaboration activities with Caritas breakfasts to raise awareness at particular companies fostered closer ties with the charity as well as The AliaRS-E network reached its third anniversary with a total of 153 about the work and services of various social entities. the collaboration of various groups and teams on allies (staff and faculty) who support and promote social responsibility The aim of these events is to establish bridges of teaching, volunteer and experience-sharing activities. at ESADE. This informal network is open to anyone interested in leading collaboration for charitable causes. The following meaningful changes in ESADE’s social and environmental awareness, breakfast events were held this year: Transparency and accountability behaviours and policies.

• 4th Solidarity Breakfast, with Worldreader • The following reports were published: 2015 The network organised two forums this year. The 5th Forum, “For Humanity (25 participants). Identity, Mission and SR-ESADE Report; 2014- and For Us” (December 2015), coincided with the 2015 United Nations 2015 Institutional Annual Report (prepared Climate Change Conference in Paris and was attended by more than 50 • 5th Solidarity Breakfast, with NGOs and companies in accordance with the GRI G4 international allies. Prof. Francesc Lozano opened the dialogue with a talk on sustainable from the hospitality/food and beverage sector standards of the Global Reporting Initiative); and development and climate change. (28 participants). 2014-2016 Progress Report on the SR Master Plan. The 6th Forum, “From Mission to Reality” (June 2016), was opened by OTHER SOLIDARITY INITIATIVES • The corporate website was audited in accordance Enrique López Viguria, Secretary General of ESADE, who shared the findings with the criteria of the Commitment and of his doctoral thesis, entitled The University Mission of the Society of Jesus: During the 2015-2016 academic year, ESADE Transparency Foundation (2016). An Exploratory Study on the Profile of Business School Graduates in Spain. participated in 35 solidarity initiatives organised by A panel of guest speakers then offered additional perspectives on the topic students, staff and faculty. In total, more than 450 and engaged in discussion with the more than 60 allies in attendance. members of the ESADE community participated in these initiatives.

• Food Drive. A total of 1,116 kg of food was collected and the campaign was expanded by the addition of online donations.

• TV3 Marathon. Thanks to the participation of more than 80 people, this initiative raised €1,856 for diabetes and obesity research.

• Blood and Tissue Bank. ESADE invited the entire community to participate in regular blood and bone-marrow donation campaigns.

• Barcelona Magic Line. Several ESADE teams (students, staff and faculty) participated in this initiative, which was organised by Obra Social Sant Joan de Déu.

• Mambré Foundation. ESADE participated in a Christmas campaign to take a new census of people living on the street.

• Trailwalker, organised by Intermón Oxfam and Transpirenaica Social y Solidaria. Several people from ESADE participated in this event. GRI: G4 - DMA / S01 26 Mission, values and social responsibility annual report 27

COLLABORATION WITH UNITED NATIONS INITIATIVES

In recent years, ESADE has maintained constant collaboration with two major created three research groups and invited three business schools to lead United Nations initiatives: the UN Global Compact (UNGC) and the Principles them: curriculum development (ESADE), faculty development (Copenhagen for Responsible Management Education (PRME). In addition, ESADE recently Business School) and research (Mendoza College of Business, University joined the UN Women platform HeForShe. of Notre Dame).

UN Global Compact. ESADE has been a signatory of the UNGC since This phase ended with the PRME Global Forum 2015 in , where 2003. The school has been engaged in uninterrupted UNGC activity since the results of the research projects were presented. PRME published the 2008, in particular through the Spanish local network. ESADE’s Secretary ESADE-led study, entitled Learning in a Social Context, by Josep M. Lozano, General, Enrique López Viguria, was a member of the executive committee Maria Prandi and Janette Martell. of the Spanish local network until 9th June 2016. The Iberian Chapter, created in 2014, enjoys the participation of the Principles for Responsible Management Education. This initiative main Spanish and Portuguese business schools. The projects carried out promotes the inclusion of sustainability as a core element of the strategy included the definition of indicators for the implementation of the PRMEs of business schools. in accordance with the 2030 Sustainable Development Goals and the development of an inspiring best-practices guide, which was presented The following are ESADE’s most recent PRME-related activities: at the PRME Global Forum 2015 in New York. The Spanish coordinator of the Iberian Chapter is Jose M. de la Villa, Director of Institutional • PRME Global Forum 2015 in New York. Relations at ESADE.

• Emerging PRME chapter for Spain and Portugal (Iberian Chapter). HeForShe. ESADE became the first Spanish business school to join HeForShe, a UN Women solidarity initiative to promote gender equality. • Development of Transformational Model for PRME Implementation, a ESADE’s decision to join HeForShe was announced by Enrique Verdeguer, guide to integrating sustainability values into business schools and Director of ESADE Madrid, in March 2016. The announcement coincided their programmes. with a talk by Meral Guzel, coordinator of UN Women’s “Empower Women” platform for Europe and Central Asia, on the various United Nations projects ESADE was one of the high-profile business schools and management undertaken in pursuit of the 2030 agenda. education institutions selected to participate in PRME Champions, a group whose mission is to contribute to thinking, leadership and action in the field of responsible management education in the context of the post-2015 United Nations sustainable development agenda. The PRME Secretariat annual report 29 3. Academic units

New MSc in Global ESADE ESADE is an academic institution structured Management Law School receives in three educational areas – ESADE Business School, with McIntire (United States) top score from AQU ESADE Law School and Executive Education – with campuses and Lingnan (China) in Barcelona and Madrid and students from all over the world.

Two new Executive Education programmes in Miami 30 Academic units annual report 31

ESADE BUSINESS SCHOOL

KEY FACTS FROM THE 2015-2016 ACADEMIC YEAR

Launch of the MSc in Global Management Consolidation of ESADE’s position in top rankings ESADE reached an agreement with the McIntire School of Commerce at the University of Virginia ESADE’s position in top international rankings (United States) and Lingnan College at Sun remained solid during the 2015-2016 academic Yat-sen University (China) to teach the MSc in year. For example, the Financial Times ranked Global Strategic Management. This new master’s ESADE’s MSc in Finance #6 worldwide in programme, which targets recent college its category, and the Master in International graduates aiming to become the executives Management (MIM) was ranked in the global of the future, analyses the complexities of the top 10. global business environment from the North American, European and Asian perspectives. Renewal of accreditations C4Bi Challenge 02/12/2015 ESADE’s accreditation from the Association Joint conference with CUHK Business School Last year saw the first edition of the Creativity to Advance Collegiate Schools of Business for Business Innovation Challenge (C4BI), (AACSB) has been renewed. The AACSB praised On 2nd December 2015, the Chinese University a competition for students from ESADE ESADE for its strategic plan, its strong social of Hong Kong (CUHK) and ESADE held a Business School organised by chef Ferran commitment, its support for entrepreneurship, joint conference entitled “China and Europe: Adrià’s elBullifoundation and ESADE with the the work of ESADE Alumni and other factors. Challenges & Opportunities”. The event was held aim of applying the concept of creative process The Mid Term Report issued by the European in Hong Kong as part of the 50th anniversary auditing in business environments. A total of Quality Improvement System (EQUIS) highlighted celebration for the CUHK MBA. More than 150 305 students on 61 teams participated in ESADE’s internationalisation, efforts to improve people attended the conference. the competition. students’ educational experience and faculty development. And finally, CEMS issued a favourable Peer Review of ESADE, thereby renewing the school’s accreditation for five years. 32 Academic units annual report 33

KEY FIGURES

2,459 students

87 nationalities

Business administration MBA MBA Career Treks

1,407 students 335 students On these trips, students learn about experiences and 1,190 in the Bachelor of 56 nationalities methodologies used at leading Business Administration (BBA) companies and institutions. International exchange 217 in the Double Degree in participants: • Japan Trek (Japan) Business Administration and Law • 64 outgoing students • Marketing Trek to Amsterdam • 83 incoming students (Netherlands) 38 nationalities • Family Business Trek (Belgium) 86% of students in the Full-Time • Entrepreneurship Trek to International exchange MBA secure employment within London (United Kingdom) participants: three months of graduating. • Consulting Trek to Dubai • 264 outgoing students (United Arab Emirates) • 280 incoming students • Technology & Media Trek to PhD Programme Dublin (Ireland) 93 % of students secure • Finance Trek to London employment within three months 48 students (United Kingdom) of graduating. 11 in the Master of Research in Management Sciences MSc Programmes in Management 37 in the PhD in Management Sciences 669 students 22 nationalities 56 nationalities

International exchange participants: • 76 outgoing students • 75 incoming CEMS students

92% of students secure employment within three months

of graduating. GRI: G4 - 8 34 UNIDADES ACADÉMICAS annual report 35

ESADE LAW SCHOOL

KEY FACTS FROM THE 2015-2016 ACADEMIC YEAR

AQU certification Institutional presence

The Catalan University Quality Agency (AQU) gave ESADE Law School was represented as an ESADE Law School and its two officially recognised institution at various major forums during the programmes – the Bachelor in Law and the Master 2015-2016 academic year, including the annual in Legal Practice the highest possible score: “on meeting of the Association of American Law track to excellence”. ESADE Law School therefore Schools (AALS), held in January in New York; became the first centre of Ramon Llull University the International Legal Ethics Conference (ILEC), to obtain this highest distinction. held at Fordham University in July; the annual conference of the International Bar Association (IBA), held in Washington in September; and the International Tax Law Specialist Diploma International expansion LawWithoutWalls 2016 mentoring programme. Summer School

The first class has graduated in the International ESADE Law School continued its international The 2015-2016 edition of ESADE Law School’s Tax Law Specialist Diploma. This postgraduate expansion efforts during the 2015-2016 Debate leagues Summer School programme received twice as programme has been offered in both Barcelona academic year, signing agreements with many participants as the previous year, including and Madrid from the outset, with a total of 43 Melbourne Law School (Australia), Columbia ESADE Law School students continued to a large group of international students. The students participating on the two campuses. This Law School (United States), Trinity College Dublin participate actively in the Jessup International classes were held on the Barcelona–Pedralbes essentially technical programme is designed for (Ireland), Science Po – Paris Institute of Political Law Moot Court Competition and the WorldMUN campus and taught entirely in English. senior professionals with experience in tax law. Studies (France), Peking University School of United Nations simulation. Mohamed Bouzagou, Transnational Law (China) and Yonsei Graduate a student in the Bachelor in Global Governance, School of International Studies (South Korea). received an award recognising him as the competition’s best speaker. 36 Academic units annual report 37

KEY FIGURES

1,103 students

41 nationalities

Master’s and postgraduate Bachelor in Law Bachelor in Global Governance programmes in law

545 students 116 students 148 students

328 in the Bachelor in Law 6 nationalities 20 nationalities

217 in the Double Degree in Business Administration Master in Legal Practice** PhD Programme and Law* 279 students 15 students 9 nationalities 6 nationalities 4 nationalities Undergraduate participants in international exchange International exchange programmes: participants: • 55 outgoing students • 27 outgoing students • 82 incoming students • 20 incoming students

* The 217 students in the Double Degree in Business Administration and Law mentioned in this Annual Report are attributed to both ESADE Business School and ESADE Law School.

** Law graduates cannot practise as lawyers without first completing this master’s programme and passing an official bar examination. 38 Academic units annual report 39

EXECUTIVE EDUCATION

KEY FACTS FROM THE 2015-2016 ACADEMIC YEAR

New Executive Master in Financial Management Expanded offering in Miami for Latin America Following the redesign of our open-enrolment As a complement to the educational offering at First graduating class offering for Latin America, ESADE has Expanded offering for the Executive Master ESADE’s Miami hub, the school has launched in the modular Executive MBA launched two new focused programmes: Brand in Marketing and Sales the Executive Master in Financial Management Management and B2B Management, both with in cooperation with Adolfo Ibáñez University. The 2015-2016 academic year saw the first a compact format and taught at the Miami hub. On the heels of the successful new content and This programme, taught at the Miami facilities, graduating class in the international group of the format introduced in the Executive Masters, in includes a module developed in Barcelona. Executive MBA. A total of 37 students of various 2015-2016 the offering of the Executive Master in nationalities graduated from the programme. New programme: Marketing and Sales was doubled. The programme This first class set a clear trend in favour of Big Data Analytics for Executives now offers two different starting dates and flexible First stable exchange agreements the development of postgraduate programmes module scheduling so that participants can adapt for the Executive MBA at ESADE Executive Education. In collaboration with the Department of the programme calendar to their needs. Operations, Innovation and Data Sciences and During the 2015-2016 academic year, the IBM, Executive Education has launched the first concepts of executive exchange and electi- Seminar at the Boston Entrepreneurship Lab edition of Big Data Analytics for Executives in Initiatives undertaken ves abroad were incorporated into the various response to executive development trends and as part of custom programmes editions of the Executive MBA. These two ac- Participants in the Executive MBA travelled companies’ training needs. tivities enhance the Executive MBA curriculum to Boston to visit the Cambridge Innovation As part of ESADE’s custom programme offering, with content from executive programmes and Center, the most dynamic business accelerator the 2015-2016 academic year saw initiatives three-month exchanges at other institutions, in the United States. Because of the excellent such as the Executive Programme for the including the UCLA Anderson School of Mana- outcome of this activity, similar trips will now Insurance Sector and the Culture of Change gement, the Kelley School of Business at In- be offered as an optional activity in all versions and Transformation Programme, developed diana University, , the Rotter- of the Executive MBA. by executives from Coca-Cola. ESADE has dam School of Management, Imperial College also developed custom growth programmes London and (both in Helsinki for companies seeking to professionalise and Singapore). their channels or networks through their own organisation in order to improve their competitive position. 40 Academic units annual report 41

KEY FIGURES

5,837 participants

91 nationalities

Executive Education: Open courses Degree of satisfaction (scale of 1 to 5): 1,742 students 1,020 participants

Executive Masters: 458 students 36 nationalities • 4.54 for participants EMBA: 333 • 4.37 for companies Corporate programmes: 354 Custom courses EMPA: 104 Other programmes: 493 students 3,075 participants

62 nationalities 69 nationalities GRI: G4 - DMA / PR5 annual report 43 4. Investigación y conocimiento

110 articles 52 faculty The 2015-2016 academic year in peer-reviewed members with was ESADE’s best year ever journals a research profile in terms of research. This positive outcome enhances the school’s academic stature and allows us to share in our €4.1 million classrooms cutting-edge knowledge allocated for research generated right here at ESADE. It also allows us to have an impact on the management of organisations (companies, public institutions and non-profit organisations) and contribute to the growth of social well-being.

Our faculty’s research results during the 2015-2016 academic year have been excellent in terms of the quality of the research and its publication in some of the world’s top academic journals in organisation management.

This research activity has placed ESADE at the forefront of the debate on major challenges in management science, legal science and social science and increased the prestige of our researchers, our faculty and our institution.

The research conducted at ESADE guarantees that the knowledge conveyed in our classrooms is rigorous and innovative. This research enables our faculty to inspire students with the best ideas in their respective disciplines through new content, programmes and materials derived from their studies. Our research also enables numerous public, private and non- profit organisations with ties to ESADE to improve their decision-making processes and have a significant impact on society.

This chapter presents the highlights of ESADE’s research activity during the 2015-2016 academic year. 44 Research and knowledge annual report 45

Knowledge Generation Centres Umbrella Centres,Research Groups & Think Tanks

INSTITUTE FOR Centre for Public CENTRE FOR GLOBAL SOCIAL INNOVATION Governance ECONOMY AND Business Network Research Group The Jean Monnet Chair GEOPOLITICS Dynamics on Tourism Management at Esade IIS ESADEgov Ignasi Carreras Francisco Longo ESADEgeo BUNeD GRUGET José M. de Areilza Mónica Reig Javier Solana Cristina Giménez Mar Vila Angel Saz

Research Group on Corporate Research Group Social Responsability for Leadership and ESADE China Club Innovation in Public Ivana Casaburi GRRSE Management Daniel Arenas GLIGP Leadership Development Research Group Patrimonial Law Group Tamyko Ysa Research Centre on Brand Management Sergio Llebaría Chair of Leadership GLEAD GREMAR and Democratic Governance Joan Manel Batista Oriol Iglesias Partners Programme Àngel Castiñeira Mónica Reig

Institute for Healthcare Management Research Group Institute for Laboral Future of Work Chair Manel Peiró on Knowledge Engineering Studies Simon Dolan GREC IEL Núria Agell Anna Ginès

INSTITUTE FOR INNOVATION OBSERVATORY OF SPANISH ESADE AND KNOWLEDGE MULTINATIONAL ENTREPRENEURSHIP MANAGEMENT COMPANIES INSTITUTE

IIK OEME EEI Group for Research Research Group Jonathan Wareham Xavier Mendoza Lluisa Alemany on Economics and Finance on Conflict Management

GREF Teresa Duplà Carolina Villegas

Centre for Innovation Research Group Research Group in Cities on International Management on Entrepreneurship CIC GRUMIN GRIE Esteve Almirall Xavier Mendoza Jan Brinckmann

RESEARCH RESEARCH Accredited Umbrella Centres THINK TANKS GROUPS GROUPS by AGAUR 46 Research and knowledge annual report 47

CENTROS DE GENERACIÓN DE CONOCIMIENTO PUBLICATIONS

INSTITUTO DE INNOVACIÓN SOCIAL (IIS) BUSINESS NETWORK DYNAMICS (BuNeD) Publications are the main tool in academia for sharing research findings *Think tank (Ignasi Carreras) *Grupo de investigación acreditado por la AGAUR at the international level and establishing boundary-pushing dialogue • Grupo de Investigación en Responsabilidad Social (Cristina Giménez) about scientific advances among the experts in each field. The 2015- de la Empresa (GRRSE) 2016 academic year was ESADE’s best year ever in terms of the number *Grupo de investigación acreditado por la AGAUR LEADERSHIP DEVELOPMENT RESEARCH CENTRE of articles published in high-impact international journals. (Daniel Arenas) (GLEAD) • Cátedra LiderazgoS y Gobernanza Democrática *Grupo de investigación acreditado por la AGAUR (Joan *Think tank (Àngel Castiñeira) Manel Batista) ESADE’S PRESENCE IN JOURNALS OVER THE YEARS

INSTITUTE FOR INNOVATION AND KNOWLEDGE GRUPO DE INVESTIGACIÓN EN INGENIERÍA 110 100 MANAGEMENT (IIK) DEL CONOCIMIENTO (GREC) 96 91 *Grupo de investigación acreditado por la AGAUR *Grupo de investigación acreditado por la AGAUR 86 82 (Jonathan Wareham) (Núria Agell) • Centro de Innovaciones en las Ciudades (CIC) 67 68 63 *Think tank (Esteve Almirall) GRUPO DE INVESTIGACIÓN EN ECONOMÍA

Y FINANZAS (GREF) 45 ESADEgov – CENTRO DE GOBERNANZA PÚBLICA *Grupo de investigación acreditado por la AGAUR *Think tank (Francisco Longo) (Carolina Villegas) • Grupo de Investigación en Liderazgo e Innovación en 20 18 13 9 la Gestión Pública (GLIGP) *Grupo de investigación GRUPO DE INVESTIGACIÓN EN GESTIÓN TURÍSTICA 6 acreditado por la AGAUR (Tamyko Ysa) (CRUGET) • Instituto de Gestión de la Salud *Think tank (Manel *Grupo de investigación acreditado por la AGAUR 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 Peiró) (Mar Vila) • Programa PARTNERS *Think tank (Mònica Reig) Articles in journals on the Financial Times list GRUPO DE INVESTIGACIÓN EN GESTIÓN Articles in journals with impact factor OBSERVATORIO DE LA EMPRESA MULTINACIONAL DE LA MARCA (GREMAR) 110 articles in peer-reviewed journals ESPAÑOLA (OEME) *Grupo de investigación acreditado por la AGAUR *Think tank (Xavier Mendoza) (Oriol Iglesias) PUBLICATIONS WITH IMPACT FACTOR • Grupo de Investigación en Management BY QUALITY QUARTILES Internacional (GRUMIN) INSTITUTO DE ESTUDIOS LABORALES (IEL) 47 *Grupo de investigación acreditado por la AGAUR *Grupo de investigación acreditado por la AGAUR (Xavier Mendoza) (Anna Ginès)

35 ESADEgeo – CENTER FOR GLOBAL ECONOMY AND GRUPO DE INVESTIGACIÓN EN GESTIÓN DE GEOPOLITICS CONFLICTOS 30 29 *Think Tank (Javier Solana y Ángel Saz) *Grupo de investigación acreditado por la AGAUR 25 • ESADE China Europe Club (Teresa Duplà) 20 17 17 *Think tank (Ivana Casaburi) 15 15 CÁTEDRA JEAN MONNET-ESADE 13 10 10 10 ESADE ENTREPRENEURSHIP INSTITUTE (EEI) *Think tank (José M. de Areilza) 9 7 7 6 *Think tank (Luisa Alemany) 4 2 • Grupo de Investigación en Iniciativa Emprendedora GRUPO DE DERECHO PATRIMONIAL (GRIE) *Grupo de investigación (Sergio Llebaria) 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 *Grupo de investigación acreditado por la AGAUR (Jan Brinckmann) CÁTEDRA FUTURO DEL TRABAJO * Quartiles are indicators that assess the relative Q1 Q2 Q3 Q4 *Grupo de investigación (Simon Dolan) importance of a journal compared to other journals in its field, from lowest (Q4) to highest (Q1) impact factors. 48 Research and knowledge annual report 49

OTHER ACADEMIC OUTPUT DURING THE 2015-2016 ACADEMIC YEAR

• 17 books Positions on editorial boards are another important Henry Chesbrough Katharina Schmid • 8 international publishers indicator of the degree to which academia values our Research Policy Group Processes and Intergroup Relations • 9 Spanish publishers faculty members’ contributions to their respective California Management Review Social Psychology Quarterly scientific communities. In these positions, they act MIT Sloan Management Review International Journal of Conflict and Violence • 34 book chapters as editors and perform other tasks such as reviewing • 10 international publishers articles, organising talks and providing guidance to Simon Dolan Jordi Trullen • 24 Spanish publishers new researchers. The following ESADE faculty members Cross Cultural Management: An International Journal Organization Studies hold positions of this sort: Career Development International • 75 papers accepted to academic conferences EuroMed Journal of Business Ana Valenzuela Daniel Arenas Journal of International Marketing • 3 case studies Associate Editor at European Management Review Skander Esseghaier International Marketing Review International Journal of Research in Marketing Journal of Consumer Behavior • 27 doctoral theses Ruth Aguilera Organization Science Marc Esteve Wim Vanhaverbeke Corporate Governance: An International Review Local Government Studies Journal of Engineering and Technology Management Journal of International Business Studies International Public Management Journal Academy of Management Perspectives Jonathan Wareham Strategic Management Journal Alberto Gimeno MIS Quarterly Global Strategy Journal Journal of Family Business Strategy Information Systems Research. Organization Studies Journal of Information Technology Josep Maria Lozano Journal of the Association for Information Systems Daniel Arenas European Management Review Information & Organization Business Ethics: a European Review Ethical Perspectives Frank Wiengarten Joan Manel Batista-Foguet Ignasi Marti Journal of Operations Management Frontiers in Psychology Organization Studies International Journal of Operations & Production Management Jaime Bonache Marcel Planellas International Journal of Production Economics International Journal of Human Resource Management Revista Latinoamericana de Administración Tamyko Ysa Elena Bou Petya Platikanova Public Management Review Management Learning Financial Analysts Journal

Jan Brinckmann Joan Rodon Journal of Business Venturing Business & Information Systems Engineering Entrepreneurship Theory and Practice 50 Research and knowledge annual report 51

FACULTY MEMBERS WITH A RESEARCH PROFILE ACCREDITATIONS AND MERITS IN RESEARCH EVALUATION At ESADE, we have three faculty member profiles: FACULTY ACCREDITATIONS (AGENCIES: ANECA AND AQU) Faculty members with a research profile combine teaching responsibilities with basic research (dialogue with the scientific community, development The governmental accreditation agencies AQU (which operates in and demonstration of theories, presentation of papers at academic ) and ANECA (which operates throughout Spain) are responsible conferences, high-impact publications, participation in competitively funded for assessing the quality of the research and teaching of faculty at public projects, supervision of research). They engage in a high level of activity and private universities. For academics pursuing a university career, as speakers or consultants at conferences, in academic networks and on these accreditations are necessary for promotion. In addition, because editorial boards of top journals, as supervisors of doctoral theses, and as the accreditations for university education programmes require a high co-authors of papers with other prestigious authors. percentage of accredited faculty members (i.e. active researchers), they also provide an incentive for quality research at ESADE. Faculty members with a professional profile combine teaching responsibilities with applied research (transferring basic research to AQU offers three types of accreditations (which, in the table below, are improve the management of organisations) and executive or programme- assimilated with those of ANECA): evaluation of teaching and research, management duties. They maintain strong connections with industry, research accreditation, and advanced research accreditation. The advanced professional associations and the media. They have a major impact on research accreditation is required for any candidate who wishes to attain the transfer of research to the classroom and to organisations through the position of university professor. The following table provides information ESADE faculty adaptation and analyses of organisational limitations, and they help about the accreditations held by the ESADE faculty. with a research profile formulate well-crafted research questions. Accreditations Until 2010-2011 Until 2015-2016 Faculty members with a teaching profile focus their academic activity on Advanced research 1 7 teaching, but they also conduct focused research (with the aim of producing accreditation innovative teaching materials such as case studies, book chapters, books, Research accreditation 0 14 Evaluation of teaching Law School simulations, etc.), help other faculty members to improve their teaching 64 70 7 and research skills, and coordinate sections of subjects within programmes.

All three profiles contribute to ESADE’s mission in its three areas of activity: teaching, research and social impact. Faculty members with a research RESEARCH MERITS 45 Business School profile are evaluated primarily on the basis of their scientific output. Since 2009, AQU and ANECA have conducted ongoing assessments of the research conducted by ESADE’s researchers over the course of their career at private Catalan universities (not just when they are up for a promotion). Research merit is evaluated by research periods of six years.

Obtaining a six-year research merit is necessary in order for the PhD Programme to be accredited and for ESADE faculty to be qualified to supervise doctoral theses and sit on thesis evaluation panels. The following are the six-year research merits obtained by ESADE faculty members:

Until 2010-2011 Until 2015-2016

No. of six-year periods obtained 18 32

With 5 six-year periods - 1

With 4 six-year periods 1 1

With 3 six-year periods 2 3

With 2 six-year periods 2 7

With 1 six-year periods 13 20 52 Research and knowledge annual report 53

RESEARCH PROGRAMMES: PHD AND MRES 2015-2016 Job placement of PhD graduates:

The existence of a high-quality PhD programme and a Master of Research • Ben Ami Capell Cohen. Research Assistant at The University of Hong are essential prerequisites for fruitful research activity. The Master of Kong, China Research in Management Sciences is now in its ninth edition. ESADE’s • Tanusree Jain. Assistant Professor of Business (CSR and Social PhD in Management Sciences was redefined in 2002-2003 as a full-time Entrepreneurship) at Trinity Business School, Trinity College Dublin (Ireland) programme that was taught in English, with international standards, a small • Nicolás Loewe Pujol-Xicoy. Director, Energyst Group Services BV group size (so that faculty can dedicate more time to each participant), • Alessandro Comai Kraus. Project Leader at Miniera, and a high degree of internationalisation. • Hugo Gaggiotti Tuero. Lecturer at University of the West of England (Bristol, United Kingdom) • Ana López Ranz. Financial Director at Casen Recordati PROGRAMME Students/ • Pablo Gabriel Collazzo Yelpo. Professor at Vienna University of Economics candidates and Business Master of Research in Management Sciences 11 • Neus Feliu Costa. Associate, Lansberg Gersick & Associates LLC • Dina Salim Abu Rous. Assistant Professor at Zayed University (United Arab Emirates) PhD in Management Sciences (1st year) 5 • Juan Francisco Dávila. Professor Titular, Universidad de Piura, Peru • Jorge Andrés Rodríguez. Professor Adjunt, ESPAE PhD in Management Sciences (2nd year) 3 of Management, Ecuador

PhD in Management Sciences (3rd year) 5

PhD in Management Sciences (4th year or higher) 24

PhD in Economic Law and Business Law 9

PhD in Fundamental Points of Law, 6 Economic Law and Business Law

Last year, ESADE’s PhD graduates were well received in the international labour market. (To ensure the quality of our PhD Programme, we have policies to discourage the hiring of our own graduates.) During the 2015- 2016 academic year, our PhD graduates were hired by the following institutions: University of Piura (Peru), ESPAE Graduate School of Management (Ecuador), Zayed University (United Arab Emirates), University of Hong Kong (China), Trinity College Dublin (Ireland), University of the West of England (United Kingdom), Vienna University of Economics and Business (Austria), Copenhagen Business School (Denmark) and NEOMA Business School (France). 54 Research and knowledge annual report 55

IMPACT SOCIAL MISSION

In its research activity, ESADE aims for rigour and As for the impact of ESADE’s research on organisations ESADE’s research plays a key role in the institution’s • Sancha Fernández, C.; Giménez Thomsen, C.; international impact through publications but also generally, the school’s researchers have developed two- social mission. Many of our researchers conduct high- Sierra Olivera, V. “Sustainable Supplier strives to make an impact in the classroom and in way relationships with various companies. Research quality research on subjects that have a major impact Development Practices: Drivers and Enablers society in general. conducted at ESADE is transferred and adapted to on society. in a Global Context”. various needs in terms of use through the development • Guerci, M.; Longoni, A.; Luzzini, D. “Translating The creation of knowledge through research allows of case studies and articles for business executives. The following are some of the research projects Stakeholder Pressures into Environmental Performan- faculty to innovate in their content, methodologies ESADE has also developed networks with the affected conducted during the 2015-2016 academic year in the ce: The Mediating Role of Green HRM Practices”. and skills. industries as a way to understand the issues of most areas of business ethics, sustainability, technological • Giménez Thomsen, C.; Sierra Olivera, V.; concern to them. ESADE faculty members develop change and social inequality, the negative social Rodón Mòdol, J. “The Role of Information A clear example of this is the Group for Research in theories on the basis of data shared by these impact of economic and legal trends, how to improve Technology in the Environmental Performance Economics and Finance (GREF), which, as a result of companies. Examples of this cooperation include collaboration between NGOs and companies, gender of the Firm: The Interaction Effect Between its research, has been able to introduce new content production analysis, business model assessment, equality, etc. Information Technology and Environmental Practices in its subjects and in various programmes at ESADE. coaching and mentoring for businesspeople and on Environmental Performance”. entrepreneurs, as well as the definition of priorities • Giménez Thomsen, C.; Wiengarten, F.; Luca del Viva: and trends for businesses. CSR and business ethics Dumitrescu, A. “EC Project: EnReMilk – Integrated Financial Modelling (Master in Finance) Engineering Approach Validating Reduced Water Asset Pricing (Master in Finance) During the 2015-2016 academic year, ESADE worked • Arenas Vives, D.; Ayuso, S. “Unpacking and Energy Consumption in Milk Processing for with Dassault Systèmes to conduct a detailed analysis Transnational Corporate Responsibility: Wider Food Supply Chain Replication”. Ana Bayona: of the company’s supply chain. Faculty members Glòria Coordination Mechanisms and Orientations”. Investments (MSc in Finance) Batllori, Petya Platikanova and Carolina Villegas were • Murillo, D.; Vallentin, S. “The Business School’s Financial Markets (MSc in Management) involved in this project. Prof. Anna Bayona conducted Right to Operate: Responsibilization and Resistance”. Technological change, inequality a study for OMIE on the company’s competencies • Rodrigo Ramírez, P.; Durán, I.J.; Arenas Vives, D. and social challenges Petya Platikanova: in the supply function. Finally, the Inspire project on “Does It Really Pay To Be Good, Everywhere? Financial Analysis and Reporting (MSc in Finance) open innovation in SMEs was carried out under the A First Step to Understand the Corporate Social • Arcalean, C.; Schiopu, I. “Inequality, Opting-Out Financial Analysis (EMBA) leadership of Prof. Wim Vanhaverbeke. and Financial Performance Link in Latin American and Public Education Funding”. Finance (MBA) Controversial Industries”. • Schiopu, I. “Technology Adoption, Human Capital Formation and Income Differences”. Carolina Villegas: • Majchrzak, A.; Markus, L.; Wareham, J. “Designing Research Methods for Social Science (PhD) Cadena de suministro sostenible for Digital Transformation: Lessons for Information Economía III (BBA) Systems Research from the Study of ICT and • Sancha Fernández, C.; Giménez Thomsen, C.; Societal Challenges”. Ariadna Dimitrescu: Sierra, V. “Achieving A Socially Responsible Supply Principles of Corporate Finance (PhD) Chain through Assessment and Collaboration”. Financial Markets and Institutions • Sancha Fernández, C.; Giménez Thomsen, C.; Economic and legal challenges (Msc in International Management) Sierra, V. “Buyer-Supplier Relationships on Financial Markets Environmental Issues: A Contingency Perspective”. • Chliova, M.; Brinckmann, J. “Is Microcredit (Double Degree in Business Adminsitration and Law) • Vila Fernández-Santacruz, M.; Costa Guix, G.; a Blessing for the Poor? A Meta-analysis Angulo-Preckler, C. “Contrasting Views on Examining Development Outcomes and Contextual Fernando Ballabriga: Antarctic Tourism: ‘Last Chance Tourism’ or Considerations”. Economics (MBA) ‘Ambassadorship’ in the Last of the Wild”. • Ginés i Fabrellas, A. “Externalización productiva • Wiengarten, F. “Exploring the Impact of Stakeholder y elusión de compromisos laborales. La necesidad Josep Bisbe: Pressure on Environmental Management Strategies at de revisar la normativa europea en materia de Management Control Systems (MSc in Finance y MBA) the Plan Level: What Does Industry Have to Do With It?” subcontratación y sus consecuencias laborales”. • Wiengarten, F.; Longoni, A. “A Nuanced View • Ginés i Fabrellas, A.; Gálvez Durán, S. “Sharing Ioana Schiopu: on Supply Chain Integration: A Coordinative economy vs. Uber economy y las fronteras del Managerial Economics (PhD) and Collaborative Approach to Operational and derecho del trabajo: la (des)protección de los Economics I (BBA) Sustainable Performance Improvement”. trabajadores en el nuevo entorno digital”. 56 Research and knowledge annual report 57

INFLUENCE OF RESEARCH ON EUROPEAN POLICY

During the past year, ESADE participated in various European Commission decision-making nodes on research-related topics, including, for example, open innovation management. The school also carried out research projects aimed at improving decision-making on European public policies. Over the past year, ESADE worked on the Hercule project to address corruption as well as the ALICE RAP project on policy approaches to addictions. annual report 59 5. Outreach and social debate

Mario Monti The Institute for Social Part of ESADE’s mission is to contribute Innovation held its 9th delivered the 2015-2016 to the public debate on how to build freer, Annual Conference inaugural lecture fairer and more prosperous societies. The school therefore serves as a space for open, plural dialogue and a venue ‘Big Challenges’: for debating the most important challenges a new debate series on of the present and future. the challenges of our times ESADE is a leading centre for social debate. The economy and society in general are undergoing a transformation. The 2015-2016 academic year has therefore been especially intense, featuring talks, lecture series, conferences and congresses that have attracted considerable public interest.

Our campuses in Barcelona and Madrid, plus many other locations around the world, have hosted events organised by ESADE and ESADE Alumni to encourage the exchange of knowledge and debate on important issues. Our ceremonies and institutional events – the inauguration of the academic year, graduations, etc. – have reflected the values we hold dear and featured various distinguished speakers. 60 Outreach and social debate annual report 61

TALKS, FORUMS AND CONFERENCES

BIGCHALLENGES ESADE-SERES LECTURE SERIES social debate series 30th October 2015 ESADE Madrid campus

The ESADE-SERES Lecture Series is organised ‘BIG CHALLENGES’ In February 2016, Lord Peter Hain, former Labour 9TH REFLECTION AND DEBATE by the ESADE Institute for Social Innovation, 1 st December 2015 MP (1991-2015) and British cabinet minister, and SESSION IN SANT BENET directed by Prof. Ignasi Carreras, and the ESADE Madrid campus / ESADEFORUM José M. de Areilza, holder of the Jean Monnet- 19th October 2015 Responsible Society and Enterprises (SERES) ESADE Chair and Secretary General of the Aspen MONASTERY OF SANT BENET DE BAGES (Manresa) Foundation. The purpose of these events is to Big Challenges is a social-debate initiative Institute Spain, participated in a dialogue about reflect on the lessons of social responsibility launched by ESADE, in collaboration with ESADE the crossroads faced by the United Kingdom and The Chair in LeadershipS and Democratic in relation to business management. Over the Alumni, during the 2015-2016 academic year. The Europe with the Brexit referendum scheduled for Governance hosted more than 70 business past year, three sessions were held on ESADE’s activities organised through this initiative seek to June of the same year. leaders at its ninth reflection and debate Madrid campus: “What Have We Learned from expand general knowledge of major global trends session, this time with the theme “Present and CSR Developments During the Last Years of and create social awareness about the biggest In April, the last Big Challenges event of the year Future of Business Organisations in Catalonia”. the Crisis?” (30th October 2015); “Co-creation challenges they pose by formulating key questions addressed elements of change and continuity The session focused on the current situation of Responsible and Sustainable Products” (3rd that encourage a better understanding of the in European policy. This session featured the and future prospects of organisations that March 2016); and “CSR and HR: Flexibility and complexity of our world. participation of Daniel Innerarity, Professor of represent the Catalan business community. The Conciliation” (24th May 2016). Political and Social Philosophy and Director gathering was organised in collaboration with the Three Big Challenges events were organised of the Institute for Democratic Governance; Catalunya–La Pedrera Foundation. during the past year. Anand Giridharadas, writer Víctor Lapuente, Professor at the University of and columnist for the New York Times, and Javier Gothenburg; Carles Campuzano, Member of the Solana, President of the Center for Global Economy Spanish ; Joan Coscubiela, and Geopolitics (ESADEgeo), discussed the Member of the Catalan Parliament; and Rocío question “What Is the Price of Inequality?” on 1st Martínez-Sampere, former Member of the Catalan and 3rd December 2015 in Madrid and Barcelona, Parliament and Director of the Felipe González respectively. Foundation. Francisco Longo, Associate Director General of ESADE, moderated the discussion. 62 Outreach and social debate annual report 63

GLOBAL ANNUAL ENERGY MEETING INAUGURATION OF THE LABOUR 30th October 2015 RELATIONS FORUM ESADE Madrid campus 24th November 2015 ESADE Madrid campus This annual gathering organised by the Center for Global Economy and Geopolitics (ESADEgeo) 2015 SCIENCE | BUSINESS ANNUAL SUMMIT The Labour Relations Forum – organised by ESADE, JOINT CONFERENCE is a venue for discussion among business 20th November 2015 ICADE and the Cuatrecasas International Institute WITH CUHK BUSINESS SCHOOL leaders and political officials. The aim of this ESADEFORUM for Legal Strategy in Human Resources under the 2 nd December 2015 meeting is to shed light on the ways in which direction of Prof. Salvador del Rey – opened on 24th Hong Kong (China) new energy technologies, geopolitics and Science|Business brought together Europe’s November in Madrid. The inaugural address was regulations will affect business and society in leading innovation experts for a two-day delivered by the Honourable Francisco Pérez de On 2nd December 2015, the Chinese University of the medium term. The event seeks to analyse programme of private and public debate on the los Cobos, President of the Spanish Constitutional Hong Kong (CUHK) and ESADE Business School the challenges of energy policy in a changing importance of research and innovation as ways Court. The Labour Relations Forum, whose first held a joint conference entitled “China and Europe: world: geopolitics, business vision and European to achieve sustainable growth. At this event, sessions were held in January, is a venue where Challenges & Opportunities”. The event was held energy strategy. This edition of the Global Annual Science|Business Editor Richard L. Hudson made businesspeople, judges and lawyers can analyse, in Hong Kong as part of the 50th anniversary Energy Meeting featured the participation of a public declaration on the role of the Horizon debate and reflect on the application of labour celebration for the CUHK MBA. More than 150 Javier Solana, President of ESADEgeo, as well as 2020 programme in the fight against climate laws within the Spanish labour relations system. people attended the conference. Josep Franch, guest speakers Miguel Arias Cañete, European change. Jonathan Wareham, Dean of Faculty Dean of ESADE Business & Law School, and Commissioner for Climate Action and Energy, and and Research at ESADE, delivered the opening Leung Chun Ying, Dean of CUHK Business School, Jason Bordoff, Founding Director of the Center remarks at the event. delivered the opening remarks. on Global Energy Policy at . 64 Outreach and social debate annual report 65

ESADE-DELOITTE LECTURE SERIES ESADE RESEARCH DAY 2 nd March 2016 26th April 2016 ESADE Madrid campus ESADEFORUM

Last year saw the ninth edition of the ESADE- ESADE Research Day showcased the latest Deloitte Lecture Series, which focused on the topic developments and future challenges in the fields of “Family Businesses of the 21st Century”. Four of management and law, the progress made by sessions were organised. The first session, held on in these areas by ESADE researchers, and the 2nd March, featured a talk by Lorenzo Fluxá, founder applicability of these ideas in the business and President of Camper. The following sessions world. Research Day brought together executives, featured the participation of Inés Juste, President researchers and other professionals working of the Juste Group; Ignacio Osborne, CEO of the in the research sector. The event featured the Osborne Group; and Antonio Catalán, President of participation of high-profile speakers such as Tim AC Hotels. Prof. Alberto Gimeno and Prof. Maria 9TH ANNUAL CONFERENCE OF THE INSTITUTE Bedford, Professor of Risk & Decision Analysis LEADERSHIP MOMENTS Jose Parada participated in all four sessions. FOR SOCIAL INNOVATION and Associate Deputy Principal for Knowledge 25th May 2016 14th April 2016 Exchange at the University of Strathclyde, as ESADE Madrid and Barcelona campuses 2016 EFMD MBA CONFERENCE ESADEFORUM well as some of ESADE’s top researchers. The 13th March 2016 daylong event ended with the graduation ceremony The Leadership Moments Lecture Series, ESADE Barcelona-Sant Cugat campus The Annual Conference of the Institute for Social for ESADE’s PhD programmes. organised by the Chair in LeadershipS and Innovation, directed by Ignasi Carreras, focused Democratic Governance and sponsored by The EFMD MBA Conference brought together MBA on the extraordinary challenges our societies are Everis, is designed for high-level business leaders from major business schools from all currently facing: rising inequality, increasing rates executives and institutional directors. These over the world to discuss the challenges posed of poverty, youth unemployment, climate change sessions feature exceptional guest speakers by the digitisation of the sector. The conference and more. Sally Uren, CEO of Forum for the Future, who recount first-hand leadership experiences. combined plenary sessions with specific parallel delivered a keynote talk entitled “Changing the The programme seeks to foster the capacity to sessions featuring high-profile speakers such as Present Through the Future: Innovation as an reflect individually and collectively on the practice Josep Franch, Dean of ESADE Business School; Expressway from the Present to the Future”. of leadership and related problems. This reflection Nadine Burquel, Director of Business School is enhanced by the establishment of stable Services at EFMD; Simon Evenett, Academic and trusting relationships among participants Director of the MBA at the University of St. with high-level management responsibilities. Gallen (Switzerland); Tony Sheehan, Associate Four Leadership Moments sessions were held Dean of Digital Learning at London Business during the 2015-2016 academic year. The guest School (United Kingdom); Raúl F. Montalvo speakers were Sixte Cambra, President of the Corzo, Director of EGADE Business School at Port of Barcelona; Xavier Torra, CEO of Albath; the Monterrey Institute of Technology (Mexico); María Dolores Dancausa, CEO of Bankinter; and and Matt Riddle, Director of Digital Learning at Helena Guardans, President and CEO of Sellbytel. La Trobe University (Australia). 66 Outreach and social debate annual report 67

INSTITUTIONAL EVENTS

SCHOLARSHIP CEREMONIES 17th and 18th November 2015 ESADECREAPOLIS and ESADEFORUM

Thanks to the Scholarship Programme, a total of 218 students had the opportunity to begin ASSEMBLY OF MEMBERS or continue their studies at ESADE. These 1 st June 2016 scholarships were awarded to talented students ESADEFORUM who otherwise would not have been able to afford an ESADE education. The scholarships Nearly a hundred businesspeople committed were awarded at two ceremonies: one for to ESADE gathered on the Barcelona-Pedralbes undergraduate programmes at ESADEFORUM, campus for the annual meeting of the ESADE and another for the MBA and MSc programmes Foundation Assembly of Members. After the at ESADECREAPOLIS. meeting, the participants attended a lunch discussion featuring Pedro Solbes, former GRADUATIONS European Commissioner for Economic and Monetary Affairs and Spanish Minister of INAUGURAL CEREMONY A total of 1,113 students graduated during the 2015- Economy and Finance. OF THE ACADEMIC YEAR 2016 academic year. Our graduation ceremonies are 5 th October 2015 an milestone for our programmes, our faculty, our Borja Centre students and their families. Therefore, we hold some of them at emblematic venues around Barcelona, Prof. Mario Monti – President of Bocconi and Disintegration”, highlighted the lack of including Casa Llotja, L’Auditori and Mercat de University, former Prime Minister of Italy, former European policies and the abundance of national les Flors. The patrons of this year’s graduation Italian Minister of Economy and Finance, and policies in the EU. Eugenia Bieto, Director ceremonies were Sol Daurella (Lic&MBA ‘90), former European Commissioner – delivered the General of ESADE, Manuel Raventós, Chairman of President of Coca-Cola European Partners, and inaugural lecture of the 2015-2016 academic the Board of Trustees of the ESADE Foundation, Pedro Pérez-Llorca, Managing Partner at Pérez Llorca year. His speech, entitled “European Union and Carlo M. Gallucci, Vice-Rector of Ramon Llull Abogados and winner of the 2015 Aptíssimi Award and Member States: Between Integration University, also participated in the event. for Best Professional Career in the eighth edition of the Aptíssimi Awards, organised by the ESADE Alumni Law Club. 68 Outreach and social debate annual report 69

COMMUNICATION CHANNELS BOOKS

As an institution, ESADE is constantly engaged in the creation of valuable content. Its faculty members and researchers Aznar Alarcón, J. Longo Martínez, F. / Albareda Sanz, A. develop knowledge in areas that are relevant to the business community, the public sector, the legal world and civil Las políticas monetarias no convencionales. Administración pública con valores. society. This content is disseminated through the media, reports and books, as well as social networks, websites El quantitative easing Instrumentos para una gobernanza ética. and blogs. Likewise, ESADE’s own activity is also publicised through these various channels. Real Academia de Doctores, 2015. Instituto Nacional de Administración Pública, 2015. Boiardi, P. / Hehenberger, L. REPORTS AND STUDIES A Practical Guide to Adding Value through Murillo, D. Non-Financial Support De Walmart a Al-Qaida. Els valors de la globalització. Economic and financial report Social Confidence Index European Venture Philanthropy Association, 2015. Editorial Barcino, 2015. ESADE published a new edition of its Economic and The Social Confidence Index is a synthetic indicator Financial Report under the direction of David Vegara, that measures citizens’ social confidence, understood Comas Giralt, C. Mària Serrano, J. Lecturer in the Department of Economics, Finance as their ability to gain access to assets and resources Poder, economía y valores. Cap al cor del món. and Accounting at ESADE. This latest edition of the that guarantee them a certain degree of security and Ediciones de Belloch, 2016. Claret, 2016. report included the traditional analysis of the current comfort in their lives as well as commonly accepted economic situation by David Vegara and Prof. Josep levels of autonomy and personal well-being. The index Dolan, S. Parada Balderrama, M. J. Comajuncosa, as well as articles on the Spanish labour reflects citizens’ mood with respect to the variables Liderazgo, dirección y coaching por valores. Developing Governance Structures in Family Firms: reforms of 2012 by Álvaro Nadal, Director of the Spanish that provide security and comfort in their everyday lives. Los 10 mandamientos para gestionar personal From adoption to institutionalization. Prime Minister’s Economic Office, and Valeriano Gómez, During the 2015-2016 academic year, the results of en el siglo XXI. Ed. Círculo Rojo, 2015. Jönköping International Business School, 2015. former Spanish Minister of Employment. The report also two rounds of fieldwork were published, in September Ed. Círculo Rojo, 2015. contained an article by David Vegara about the economic 2015 and March 2016. Presentation events held in Trias de Bes Mingot, F. situation in China, as well as two book reviews. Barcelona and Madrid featured the participation of Dolan, S. El libro prohibido de la economía. leading experts. Le coaching par valeurs. Le guide pour réussir dans Espasa Calpe, 2015. Sovereign Wealth Fund Report la vie du business et le business de la vie. The fourth edition of the Sovereign Wealth Fund Report Chinese Investment in Europe Ed. Círculo Rojo, 2016. Sharma, P. / Auletta, N. / De Witt, R. / was published last year. This Annual Report, written by In November 2015, the ESADE China Europe Club (an Parada Balderrama, M. / Yusof, M. / ESADE with the support of KPMG and Invest in Spain-ICEX, initiative of ESADEgeo), in collaboration with KPMG and Escudero, M. / Csuri, M. / Alcaraz, J. M. / Del Rey, Elena/ Schiopu, I. describes the activity of sovereign wealth funds across the Cuatrecasas, Gonçalves Pereira, presented its second Swanson Goldberg, E. / Guevara, R. Student Debt in Selected Countries. globe. From a geographical perspective, the report takes an Chinese Investment in Europe report, which was directed Transformational Model for PRME Implementation European Expert Network on Economics in-depth look at three funds from Asian countries (Singapore, by Ivana Casaburi. This detailed report, which describes United Nations Global Compact, 2016. of Education, 2015. Hong Kong and South Korea). The report also analyses the the Asian giant’s investments in Europe, has emerged evolution of sovereign wealth funds in Latin America. From as an international benchmark on this topic. Due to Hassi, E. / Paju, S. / Maila, R. a sector-based perspective, the report takes a close look the growing volume of Chinese investment, interest Experimentation Manual for Managers. at the activity of sovereign wealth funds in industries where in this study has grown steadily year after year. The Talentum Pro, 2015. they have not traditionally operated: agribusiness, venture report establishes comparative references by country capital, the digital economy, art and football. and by sector. Hehenberger, L. / Gianoncelli, A. Impact Measurement in Practice: Study on Tourism Innovation in Spain ESADE Target In-depth case studies. For the sixth year in a row, the ESADECREAPOLIS For ten years running, the ESADE Target has served European Venture Philanthropy Association, 2016. International Innovation in Tourism Centre, directed by as an instrument for assessing the accuracy achieved Prof. Josep F. Valls, presented its study on the status of by various national and international institutions in Hehenberger, L. / Oostlander, P. innovation in the tourism and leisure sector. This latest their predictions regarding changes in the gross A Practical Guide to Venture Philanthropy and Social edition of the study focused on large Spanish tourism domestic product (GDP) as well as the behaviour of the Impact Investment. corporations with a turnover of more than €100 million. Spanish labour market over the previous three years. European Venture Philanthropy Association, 2016. It also presents the results of a survey of the industry’s Last year’s ESADE Target was the fourth consecutive entrepreneurs as well as a series of case studies on the edition of the instrument to also include assessments best innovations implemented in recent months. of unemployment forecasts. 70 Outreach and social debate annual report 71

PRESS ONLINE COMMUNICATION

ESADE’s presence in leading international media outlets has been steadily ESADE is very prolific in digital communication. During the 2015-2016 growing year after year. During the 2015-2016 academic year, ESADE was academic year, the institutional website received nearly three million mentioned in more than 1,700 items in the international media. visits. In addition, ESADE’s various online communication channels are very active in disseminating knowledge and spreading the word about the ESADE also plays an active role in social debate and knowledge institution’s activities. dissemination in Spain. This is reflected in the media, where ESADE has a constant presence as a source of information and knowledge. By way Social Networks of example, over the past year ESADE faculty members published 813 opinion pieces in the country’s most influential newspapers. The social networks are a dynamic platform that ESADE uses to communicate with society. These channels make it possible for us to share news about our most important activities with society at large. ESADE is a leader in the use of these tools as a means of reaching out to a global audience. The school has a total of more than 220,000 followers on its various social media channels. Each day, this audience has the opportunity to learn about everything that is happening at ESADE via various types of devices by accessing high-value content and news and by following on-campus activities.

Social Media

Facebook Twitter Linkedin

Youtube Instagram Flickr

Slideshare Google + Weibo

Periscope 72 Outreach and social debate annual report 73

BLOGS

ESADE’s blogs are platforms that our experts use to spread their views on current-affairs topics and the latest developments in their respective fields of study. These blogs are an active space featuring knowledge about leadership, geopolitics, social marketing, finance, law, social innovation, entrepreneurship, knowledge management and development cooperation.

• Eugenia Bieto’s Blog • Javier Solana’s Blog • La Galaxia Pública, by Francisco Longo • Marketing & Society, by Gerard Costa • Institute for Social Innovation Blog • ESADE Law School Blog • Institute for Innovation and Knowledge Blog • University Development Service Blog • Chair in LeadershipS Blog • People Leadership and Team Management Blog

Inspiring Futures Newsletter

With more than 10,000 subscribers, the Inspiring Futures newsletter is one of ESADE’s most important communication platforms. This monthly online publication, which targets the general public, describes recent developments and activities at ESADE. Eight issues of the newsletter were sent out during the 2015-2016 academic year. ANNUAL REPORT 75 6. Global outlook

ESADE is a global academic institution Renewal of AACSB Students accreditation in 2016 from 100 countries that strives to internationalise its teaching, research and social-debate activities.

154 agreements signed with business schools and ESADE’s international outlook manifests itself in an intense level of activity law schools around the world in numerous countries and collaboration with internationally renowned institutions. Examples include the following:

• Launch of the Master in Global Strategic Management, taught by ESADE Business School, Lingnan University College in Guangzhou (China) and the McIntire School of Commerce at the University of Virginia (United States)

• Addition of new partners in various international networks of which ESADE is a member, as well as in ESADE’s academic programmes. The following schools joined networks that ESADE belongs to: Korea University Business School (South Korea), which joined CEMS; Vienna University of Economics and Business (Austria), which joined THEMIS; and Michael Smurfit Graduate Business School (Ireland), which joined PIM. The following schools signed exchange agreements with ESADE programmes: (France), with the BBA; Imperial College London (United Kingdom), with the MBA; and Columbia University Law School (United States), with the Bachelor in Law and the Master in Legal Practice. 76 Global outlook ANNUAL REPORT 77

INTERNATIONAL AGREEMENTS, NETWORKS INTERNATIONAL ACCREDITATIONS COMMUNITY AND INTERNATIONAL ALLIANCES

INTERNATIONAL STUDENTS 154 exchange agreements with international ESADE’s commitment to the highest academic standards, continuous universities improvement and innovation has been recognised by the three of the • 3,057 international students enrolled world’s most prestigious quality accreditations for business schools. in all programmes MAIN NETWORKS

• 100 countries of origin • CEMS – Global Alliance in Management Education • PIM – Partnership in International Management • THEMIS – Joint Certificate in International and European Quality Improvement System (EQUIS): Business Law In 1988, ESADE became the first business school • CTLS – Center for Transnational Legal Studies in Spain and one of the first in Europe to obtain this accreditation awarded by the European Foundation for Management Development (EFMD). MAIN STRATEGIC ALLIANCES The accreditation was renewed in 2003, 2008 and 2013. • , McDonough School of Business and Edmund A. Walsh School of Foreign Service (United States) • HEC School of Management (France) Association to Advance Collegiate Schools of • Aalto University School of Business (Finland) Business (AACSB International): In 2001, ESADE • Università Commerciale Luigi Bocconi (Italy) became the first business school in Spain and • Universidad Adolfo Ibáñez (Chile) the seventh in Europe to earn this accreditation • University of Virginia, McIntire School of – awarded by AACSB International – for its Commerce (United States) undergraduate, master’s and doctoral programmes. • Sun Yat-sen University, Lingnan University College The accreditation was renewed in 2016. (China)

Association of MBAs (AMBA): ESADE’s MBA programmes have been accredited by this association since 1994. The accreditation was renewed in 1999, 2004, 2009 and 2014. 78 Global outlook ANNUAL REPORT 79

EUROPE United Kingdom Ireland ESADE’S INTERNATIONAL ACADEMIC PARTNERS • London School of Economics and • Trinity College Dublin, ESADE Business School Political Science (PIM/CEMS) School of Law • The University of Manchester, The following are the international academic partners of ESADE Business Manchester Business School (PIM) Germany Italy • The University of Edinburgh School and ESADE Law School. • Universität zu Köln, WisoFakultät • Università Commerciale Luigi Business School (PIM/CEMS) Bocconi (THEMIS) • Imperial College London • WHU–Koblenz, Otto-Beisheim • Università degli Studi di Bologna Specifically, the list indicates whether the university or school in question • The University of Warwick, Warwick Graduate School • Università degli Studi di Roma Tre belongs to a particular association: Business School Austria Netherlands Czech Republic • Wirtschaftsuniversität Wien • University of Amsterdam, • University of Economics (PIM/CEMS) Faculty of Law • PIM (Partnership in International Management). (PIM/CEMS) • , Faculty of Law (THEMIS) Belgium Russia • CEMS (The Global Alliance in Management Education). • Université Catholique de Louvain, • Saint Petersburg State University, Institut d’Administration Portugal Graduate School of Management et de Gestion (PIM/CEMS) • Universidade de Coimbra (PIM/CEMS) • THEMIS (The Joint Certificate in International and Business Law). • Universidade Católica Portuguesa, Faculdade de Direito Denmark Sweden • Copenhagen Business School • Stockholm School of Economics (PIM/CEMS) United Kingdom (PIM/CEMS) • Center for Transnational Legal Studies (CTLS) Finland Switzerland • Aalto University Business School • Universität St. Gallen, Sweden Reykjavik (PIM/CEMS) Graduate School for Business • University of Oslo, Faculty of Law Administration, Economics, Law • University of Gothenburg France and Social Sciences (PIM/CEMS) Oslo • HEC School of Management SciencesPo (PIM/CEMS) Switzerland Turkey • Universität Bern • Koç University (PIM/CEMS) • University of St. Gallen, Hungary Faculty of Law (THEMIS) • Corvinus University of Budapest ESADE Law School Paris (PIM/CEMS) Bern Germany Ireland AFRICA • • University College Dublin, Michael • Freie Universität (THEMIS) Smurfit Graduate School of ESADE Business School • Universität Greifswald Business (CEMS) • Universität Friburg • University College Dublin, Lochlann Tel Aviv South Africa Quinn School of Business • University of Cape Town, Austria The Graduate School of Business • Universität Graz Iceland • WU – Vienna University of • Reykjavik University Economics and Business (THEMIS) MIDDLE EAST Italy Denmark • Università Commerciale Luigi • University of Copenhagen, ESADE Business School Bocconi, SDA Bocconi (PIM/CEMS) Faculty of Law Israel Norway Spain • Tel Aviv University, • Norwegian School of Economics • Universidad Pontificia Comillas, Coller School of Management and Business Administration ICADE (PIM/CEMS) • Deusto Kuwait • Kuwait University, College Netherlands Finland of Business Administration • Erasmus Universiteit, Rotterdam • University of Helsinki, Faculty of Law School of Management ESADE Law School (PIM/CEMS) France • SciencesPo, Institut d’Études Israel Poland Politiques de Paris • The Hebrew University • Warsaw School of Economics • Université de Montpellier of Jerusalem (SGH) (PIM/CEMS) • Université de Strasbourg • Université Paris II Johannesburg Portugal (Panthéon-Assas) • Universidade Nova de Lisboa (CEMS) • Université Paris-Est Cretéil Cape Town • Universidade Católica Portuguesa, (THEMIS) FCEE 80 Global outlook ANNUAL REPORT 81

NORTH AMERICA LATIN AMERICA

ESADE Business School ESADE Business School

Canada • University of Michigan, • École des Hautes Études • Fundação Getúlio Vargas, Escola Ross School of Business (PIM) Commerciales de Montreal de Administração de Empresas • University of Minnesota, • McGill University, Desautels de São Paulo (PIM/CEMS) Carlson School of Management Faculty of Management (PIM) • Fundação Getúlio Vargas, Escola • University of North Carolina • Queen’s University, Queen’s School Brasileira de Administração at Chapel Hill, Kenan-Flagler of Business Pública e de Empresas (PIM/ Business School (PIM) • University of British Columbia, CEMS) • University of Pennsylvania, Sauder School of Business (PIM) The Wharton School • University of Western Ontario, • University of Richmond, Chile Richard Ivey School of Business Robins School of Business • Pontificia Universidad Católica (PIM/CEMS) • University of San Diego, School de Chile, Escuela de Administración • York University, Schulich School of Business Administration (PIM) of Business (PIM) • University of Southern California, • Universidad Adolfo Ibáñez, Marshall School of Business Escuela de Negocios (CEMS) United States • University of Texas at Austin, • Babson College McCombs School of Business Colombia Vancouver • Bentley University (PIM) • Universidad de Los Andes • Boston College, • University of Texas at Austin, Carroll School of Management Darden School of Business Costa Rica • Cornell University, Johnson • University of Virginia, McIntire Boston • INCAE Graduate School of Management School of Commerce New York • Cornell University, College of Agriculture and Life Sciences El Salvador ESADE Law School Washington (CALS) (PIM) • UCA El Salvador Los Angeles • Duke University, The Fuqua School of Business (PIM) Canada Mexico • Emory University, Roberto C. • Queen’s University, Faculty of Law • Universidad Rafael Landívar Monterrey Goizueta Business School (PIM) • University of Western Ontario, • Instituto Tecnológico de Estudios • Fordham University, Faculty of Law Superiores de Monterrey (ITESM), Graduate School of Business Graduate School of Business • Georgetown University, United States Administration and Leadership The McDonough School of Business • American University, (EGADE) (PIM/CEMS) • Indiana University, Washington College of Law • Instituto Tecnológico Autónomo Kelley School of Business (PIM) • Benjamin N. Cardozo de México (ITAM) (PIM) • Loyola University, Joseph A. School of Law Butt, S. J., College of Business • Boston College Law School Nicaragua Administration • Columbia Law School • UCA Managua • New York University, Leonard N. • Stern School of Business (PIM) • Duke Law School Peru • New York University, • Fordham University School of Law • Universidad del Pacífico Robert F. Wagner • Indiana University, School of Law Graduate School of Public Service • Tulane University, Law School Lima • Northwestern University, • University at Buffalo Uruguay Kellogg School of Management • University of Miami School of Law • Universidad ORT (PIM) • University of Minnesota, • Rensselaer Polytechnic Institute, Law School ESADE Law School São Paulo Lally School of Management and • University of Pennsylvania Technology Law School Brasil • University of California at Berkeley, • University of San Diego • Fundação Getúlio Vargas, Haas School of Business School of Law Escola de Direito de São Paulo (Evening & Weekend MBA Program) Santiago • University of California, Mexico Los Angeles (UCLA), • ITESM Campus Monterrey The John E. Anderson Graduate School of Management (PIM) • University of Chicago, Peru Booth School of Business (PIM) • Pontificia Universidad • University of Florida, Warrington Católica del Perú College of Business Administration • University of Illinois at Urbana Champaign, College of Commerce and Business Administration 82 Global outlook ANNUAL REPORT 83

ASIA

ESADE Business School ESADE Law School

China India China • China Europe International • Indian Institute of Management • The Beijing Center for Chinese Business School (CEIBS) at Ahmedabad (IIMA) Studies • Chinese University of Hong-Kong, • Indian Institute of Management • Peking University, School Faculty of Business Administration at Bangalore (IIMB) of Transnational Law • City University of Hong Kong, • Indian Institute of Management College of Business at Calcutta Korea • Fudan University, Fudan School • Indian School of Business (ISB) • Yonsei Law School of Management • XLRI – Xavier School • Yonsei Graduate School • Hong Kong University of Science of Management of International Studies & Technology, HKUST Business School Japan India • Peking University, Guanghua • Hitotsubashi University, Graduate • Jindal Global University School of Management School of International Corporate • Shanghai Jiao Tong University, Strategy Singapore Antai College of Economics • International University of Japan, • Singapore Management University, & Management Graduate School of International School of Law (THEMIS) • Sun Yat-sen University, Lingnan Management University College • , Keio Business School • , School of OCEANIA Economics and Management • , School Singapore Beijing Business School of Economics & Management • Nanyang Technological University, Seoul Nanyang Business School Australia Tokyo Korea • National University of Singapore, • University of Melbourne, • Yonsei University, Graduate School NUS Business School Melbourne Business School of International Studies • Singapore Management University • University of New South Wales, • Korea University Business School (SMU), Lee Kong Chian School Australian School of Business (KUBS) of Business • University of , Business Calcuta School Hong Kong Taiwan • National Chengchi University, College of Commerce New Zealand • University of Otago, School of Business Thailand • , Thammasat Business School ESADE Law School

Singapur Australia • Melbourne Law School

Sydney

Dunedin

84 Global outlook ANNUAL REPORT 85

INTERNATIONAL EXCHANGE PARTICIPANTS INTERNATIONAL WEEKS

ESADE’s programmes offer students the chance to study at international universities. Students in the MSc and Executive Education programmes complemented their training with 36 international weeks.

BACHELOR IN BUSINESS ADMINISTRATION (BBA) MBA EMBA BY PROGRAMME BY REGION VISITED

United States • Georgetown University, Washington DC (MSc & EMBA) 264 outgoing* students 64 outgoing* participants 13 participants outgoing* • New York University, Leonard N. Stern School 280 incoming* students 83 incoming* participants of Business, New York (Executive Masters) • Santa Clara University, Santa Clara Origin of incoming* students: Origin of incoming* students: (Executive Masters) MASTER IN LEGAL • University of Pennsylvania, The Wharton School, PRACTICE - INTERNATIONAL 11 in MSc programmes Philadelphia (AMP) BUSINESS LAW 12 in the EMBA 2 in the Full-Time MBA Latin America 8 in the Executive Masters • Fundação Getúlio Vargas, São Paulo (MSc & EMBA) 2 in the PMD • Universidad Adolfo Ibáñez (MSc) 15 from Latin America 2 from Africa 20 outgoing* students 1 in the AMP • Universidad de los Andes, Bogotá 64 from Asia 5 from Latin America 27 incoming* students (MSc & Full-Time MBA) 65 from Europe 24 from Asia 120 from the U.S. and Canada 2 from Europe European Union 9 from Oceania 48 from the U.S. and Canada • HEC School of Management, Paris (EMBA & PMD) 7 from the Middle East 1 from Oceania • Koç University, Istanbul (MSc) 1 from the Middle East Asia MASTER OF SCIENCE • Antai College of Economics & Management, Shanghai PROGRAMMES IN (Executive Masters, EMBA) BACHELOR IN LAW MANAGEMENT (MSc) • City University of Hong Kong, Hong Kong (MSc) • Guanghua School of Management, Beijing (EMBA) • ISB School of Business, Hyderabad (EMBA) • MISB Bocconi, Mumbai (MSc) • Shanghai Advanced Institute of Finance, Shanghai 55 outgoing* students 76 outgoing* students (MSc) 82 incoming* students 75 incoming* students • Yonsei University, Graduate School of International Studies, Seoul (Full-Time MBA) Origin of incoming* students: Origin of incoming* students: *Incoming: A student from a partner university who, by virtue of ESADE’s agreement with the university of origin, studies at ESADE during an exchange period. Coursework completed at ESADE during this period is recognised by the university of origin.

*Outgoing: An ESADE student who, 1 from Latin America 3 from Latin America by virtue of ESADE’s agreement 8 from Asia 12 from Asia a partner university, studies at the partner university during 38 from Europe 53 from Europe an exchange period. Coursework 30 from the U.S. and Canada 5 from the U.S. and Canada completed at the partner university during this period is recognised 5 from the Middle East 2 from the Middle East GRI: G4 - 8 GRI: G4 - 8 by ESADE. 86 Global outlook ANNUAL REPORT 87

INTERNATIONAL ASSOCIATIONS

Thanks to its membership in the leading global international associations, ESADE offers great exchange opportunities for students and teachers, as well as opportunities for joint research projects.

EFMD GRI: G4 - 16 88 Global outlook ANNUAL REPORT 89

MEMBERS 2015-2016 Representing ESADE

Antonio Pérez Ibrahim Khashoggi Eugenia Bieto Chair of the International CEO of Maan Aljasser & Co. Director General of ESADE Advisory Board Special Advisor to the Board Christine Lagarde Jordi Brunat of Eastman Kodak Co. (on leave) Director of ESADE (United States) Managing Director of the Executive Education International Monetary Fund Sergio Bertolucci Josep Franch Director of Research and Marja Makarow Dean of ESADE Business School Scientific Computing at the Vice-Chair of the Board European Organisation for Nuclear of Aalto University Carlo M. Gallucci Research (CERN) (Italy) Vice Rector of International Rosemarie Mecca Relations and Students at Ramon Hans-Paul Buerkner Former Executive Vice President Llull University Chairman of the Boston and Chief Financial Officer Professor at ESADE Consulting Group at Laureate Education Inc. Alfons Sauquet Andrea Cuomo Bernard Ramanantsoa Global Dean of ESADE Executive Vice President of Advanced Former Dean of HEC Paris Systems Technology and Special Jonathan Wareham INTERNATIONAL ADVISORY BOARD Projects at STMicroelectronics David Risher Dean of Faculty and Research Chairman of the Board at 3Sun and Former Senior Vice President at ESADE ESADE’s International Advisory Board (IAB) is the driving force behind the Chairman of the Governing Board of Amazon institution’s strategic dimension. at ECSEL CEO and co-founder of Worldreader With their contributions, the members of the IAB help ESADE in three George Daly (Spain and the United States) complementary and interrelated areas: Profesor de la McDonough School of Business de la Universidad Javier Solana INNOVATION de Georgetown President of the Center for Global Economy and Promoting innovation in curricula and research activity, with an international Joaquín Duato Geopolitics (ESADEgeo) (Spain) perspective. Worldwide Chairman Former High Representative of Pharmaceuticals at Johnson for Common Foreign and Security RELEVANCE & Johnson Policy of the European Union Former Secretary General Ensuring that ESADE addresses the current and future global needs of Javier Ferran of the Council business and society. Partner at Lion Capital of the European Union Former CEO of Bacardi Former Secretary General of NATO IMPACT Antonio Garrigues Walker Herman Uscategui Fulfilling the institution’s foundational purpose and influencing the future Honorary Chairman Director of International Business global development of management education. of Garrigues and Chairman Development at Starbucks of the Garrigues Foundation (United States) This year’s annual meeting of the IAB, held on the Barcelona-Pedralbes campus on 5th and 6th May, focused on ESADE’s new internationalisation challenges. Enrique V. Iglesias Former Secretary General of the Ibero-American Cooperation

GRI: G4 - 16 Secretariat Iberoamericana ANNUAL REPORT 91 7. People, infrastructure and resources ESADE is oriented towards education, knowledge and innovation. In order to provide the best possible service, the school relies on world-class professionals, resources and facilities. 646 ESADE 77,287 m2 of built space employees on three campuses

PEOPLE*

10.558 hours During the 2015-2016 academic year, ESADE had 646 employees: of staff training 155 core faculty members 66 other faculty members 28 language instructors 646

people 33 research assistants

364 administrative and services staff members

ESADE also had 1,057 academic assistants this year.

* ESADE employees as of 31st August 2016.

BREAKDOWN BY TYPE OF EMPLOYMENT CONTRACT BREAKDOWN BY GENDER

553 employees with permanent contracts 390 women 91 employees 256 men with temporary contracts 2 emeritus professors

BREAKDOWN BY AGE INTERNATIONAL EMPLOYEES

36 aged 20 to 30 years 180 aged 31 to 40 years 116 people (total 646) 222 aged 41 to 50 years 18% of employees 141 aged 51 to 60 years 44 nationalities 60 aged 61 to 70 years

GRI: G4 - 10 / DMA LA1 LA12 7 aged more than 70 years national employees 92 People, infrastructure and resources ANNUAL REPORT 93

DIRECTORS OF ACADEMIC DEPARTMENTS VISITING FACULTY INTERNAL COMMUNICATION

ESADE’s academic activity is organised • Ruth Aguilera Vaqués ESADE believes that transparency and communication EDASE newsletter. During the 2015-2016 academic in 7 departments: • Jaime Alfonso Bonache Pérez with its internal stakeholders are essential to the proper year, ESADE introduced a bimonthly internal newsletter, • Jaap Boonstra functioning of the school. It is fundamental that ESADE’s titled “EDASE”, which is distributed in digital format. • Social Sciences • Agustín L. Calvet Mulleras people are deeply familiar with the institution and its The newsletter contains information of interest to Department Director: Daniel Arenas • Luis Estanislao Echebarría Ariznabarreta most important strategic projects, and are therefore employees as well as more informal content. • Economics, Finance and Accounting • Robert Emmerling equipped to contribute to the school’s excellence. Department Director: Mar Vila • Marc Esteve Biweekly calendar of events. All employees receive • Marketing Management • Javier Ferrás Hernández The following are the main communication channels a calendar containing information about activities Department Director: Marco Bertini • Mónica Franco Santos used during the 2015-2016 academic year: organised by ESADE on our campuses and elsewhere • Department of Operations, Innovation • Nicholas Jonathan Ind in the world. and Data Sciences • Hans Sigaard Jensen Annual Meeting. This meeting brings together all Department Director: Núria Agell • Eero Kasanen ESADE workers – faculty, staff, and employees of On-campus screens. Screens installed in high-traffic • Department of People Management and • Gyongyi Loranth ESADE Alumni and ESADECREAPOLIS – to learn about areas on our campuses constantly provide up-to-date Organisation • Raúl Martín Lucena the previous year’s results, new developments and the information about the institution as well as videos Department Director: Joan Manel Batista • María Dolores Martínez Rodríguez school’s strategy for the future. The annual meeting about our activities. • Department of Strategy and General Management • Kenichi Matsuno also fosters multicampus relationships and the Department Director: Pedro Parada • James J. McGonigle cohesion of our communities around the institution’s MyESADE. ESADE’s corporate intranet provides • Law • Fermín Morales Prats core values. This year’s annual meeting focused on information of interest to staff members and allows Department Director: Sergio Llebaría • Enrique Morral Hospital introducing all employees to ESADE’s new educational users to perform administrative tasks. • Kenneth Paul Morse innovation project. • Mario Raich • Eduard Sagarra Trias Dialogues. The Dialogues are participatory meetings eSADEtraining NEW FACULTY HIRES • Wim Vanhaverbeke between staff members and the director general, other members of the management team, faculty members The Talent Management Area of the Human Resources Nine new faculty members were hired during the or any other ESADE employee. The purpose of these Service offers this training plan to all types of 2015-2016 academic year: meetings is to spread awareness about the activities professionals at ESADE in order to enhance their of the highlighted individuals. During the 2015-2016 technical knowledge, skills and abilities. • Ana Valenzuela, Marketing Management academic year, Dialogues were held with Elena Viader, • Katharina Schmid, People Management Director of Corporate Relations & Fundraising; Jordi • 10,558 total hours of staff training and Organisation Mora, Director of the CORE Project; Michele Quintano, • Lisa Hehenberger, Strategy and General Management Executive Director of the Open Enrolment Programmes; • 37 hours per course and per person, on average • María José Parada, Strategy and General Santiago Forte, Associate Professor in the Department Management of Economics, Finance and Accounting and Academic • 284 attendees • Maria Galli, Marketing Management Director of the MSc in Finance; Tamyko Ysa, Vice Dean of • Skander Esseghaier, Marketing Management Research; and Valentí Daura, Director of the Purchasing • Soledad Moya, Economics, Finance and Accounting and General Services Department at ESADE. • Anna Ginés, Law • Jorge Castiñeira, Law Memos. Staff and faculty members regularly receive corporate information about new hires, ESADE’s most important activities, new agreements entered by the institution, and all sorts of information pertaining to employees’ everyday work. A total of 191 internal memos were sent during the past year.

GRI: G4 - DMA / LA12 GRI: G4 - DMA / LA9 LA10 94 People, infrastructure and resources ANNUAL REPORT 95

ORIENTATION PROGRAMME WORK-LIFE BALANCE INFRASTRUCTURE

All new hires at ESADE participate in an orientation ESADE addresses various types of situations in which CAMPUSES programme that gives them an opportunity to become work-life balance measures are needed in order to meet acquainted with various managers, teams and services, employees’ particular needs so that they can continue to ESADE has two campuses in Barcelona and one in Madrid, for a total of 77,287 m2 and 126 classrooms. as well as the school’s history, mission and values. provide adequate service to their units or departments. Interviews are scheduled in accordance with the The percentage of employees who return to the workplace responsibilities that the newly hired person will be taking after maternity or paternity leave is 100%. Barcelona-Pedralbes Campus Barcelona-Sant Cugat Campus on. The orientation programme helps new hires adapt to ESADE quickly and easily. The director general holds a • 9,859 m2, Building 1 • 15,461 m2, Academic Building meeting with all new hires once a year. ABSENTEEISM RATE (STAFF) (Av. Pedralbes, 60-62, Barcelona) (Av. Torre Blanca, 59, Sant Cugat del Vallès) • 7,560 m2, Building 2 • 2,908 m2, MBA Building • 6.05% in Barcelona (Pedralbes and Sant Cugat) (C. Marquès de Mulhacén, 40-42, Barcelona) (Av. Torre Blanca, 59, Sant Cugat del Vallès) SOCIAL BENEFITS • 2.42% in Madrid • 15,236 m2, Building 3 • 426 m2, EGarage • 1.85% for men (Av. Esplugues, 92-96, Barcelona) (Av. Torre Blanca, 59, Sant Cugat del Vallès) ESADE offers its employees various social benefits, • 6.81% for women • 5,886 m2, Roberto de Nóbili Hall of Residence including discounts on tuition fees for family members, On Sunday, 7th February 2016, a short circuit in the (Av. de la Torre Blanca, 59, Sant Cugat del Vallès) a pension plan, training, group life insurance, the E-Flex No fatal workplace accidents occurred during the 2015- Building 3 parking area forced the school to close the • 17,326 m2, ESADECREAPOLIS programme, free intercampus transport, medical check- 2016 academic year. entire building. During the repair period, all activities (Av. Torre Blanca, 59, Sant Cugat del Vallès) ups, discounts on sports events, a shopping club, and and staff were moved to Building 1. The needs of all more. Staff members also receive subsidised restaurant affected programmes were met. Building 3 re-opened Madrid Campus tickets. For participants in the pension plan, ESADE in August 2016. contributes 2.5% of participants’ gross annual salary • 2,625 m2 (calle de Mateo Inurria, 25-27) and, depending on their benefits, up to an additional 1.5% more.

COLLECTIVE AGREEMENT AND STAFF COMMITTEE

ESADE employees are covered by the collective agreement for university education and research centres. They are represented by the Staff Committee, which meets periodically with the offices of the Director of Human Resources and the Director General to discuss issues that affect employees. The Committee on Occupational Safety and Health, composed of six people from ESADE and an external prevention delegate, also works to further the interests of employees. Of the six members representing ESADE, three are chosen by the management team and three are chosen by the Staff Committee. GRI: G4 - EC3 / LA2 LA3 DMA LA5 LA6 LA8 GRI: G4 - 6 / 11 96 People, infrastructure and resources ANNUAL REPORT 97

RESOURCES

TECHNOLOGY New services introduced LIBRARY ACADEMIC MANAGEMENT

All classrooms, offices and lecture halls at ESADE are These new services are designed to deliver The ESADE Library, which is specialised in management The activity of the Registrar’s Office was very intense equipped with appropriate technology for each activity. improvements in digital mobility: and law, contributes to learning, teaching and research in the 2015-2016 academic year. The following figures in the ESADE community. It has two locations (on illustrate the volume of work handled by this office: Technological resources are updated on an ongoing • A new Moodle mobile app allows users to access the Barcelona–Pedralbes and Barcelona–Sant Cugat basis. Over the past year, 10 classrooms received all Moodle services via mobile devices. campuses), 380 reading stations, and a collection • 85 programmes a complete equipment overhaul and 262 computers • The ESADE academic calendar was integrated with of more than 100,000 books, print journals, theses, and servers were replaced. The school now has 2,288 the personal calendar in students’ email account academic papers, and DVDs. • 1,784 subjects Moodle pages, which offer the best possible mode and mobile devices. of interaction between faculty and students. The ICT • The new MyLab platform allows students to access Through the digital Library (www..edu/library), the • 6,021 registrations team resolved 15,285 technical incidents over the software that lets them work on practice exercises ESADE community enjoys off-campus access to more past year. from any device, anywhere, at any time. than 40 databases on companies, markets and legal • 1,417 exams information, 10,000 academic journals in electronic format, and 2,900 e-books and working papers. • 2,600 degrees and diplomas issued

In addition, the Barcelona–Sant Cugat campus is • 9,500 certificates home to the Borja Library, which specialises in the humanities, theology, philosophy, spirituality, the Bible, art and literature, and whose collection includes unique works and editions, manuscripts, incunabula, scrolls and documents from the 16th–18th centuries.

For more information, visit:

Facts and figures for the 2015-2016 academic year

• 328,728 electronic documents consulted • 13,358 book loans at the Pedralbes and Sant Cugat campuses • 988 new books added to the Library’s collection • 8,750 information requests processed

Main new services/projects

• Digital publication of final projects in undergraduate and master’s degree programmes. • Participation in the GEPA project of the Consortium of Catalan University Services for the safeguarding of documents in a cooperative external depository. • New version of the loan service application for searching for digital journals online. • New Cases & Readings Usage Reports application on MyESADE. • Analysis of electronic resource use with respect to cost and new reporting system. annual report 99 8. Private contributions

Private contributions to ESADE in companies supporting €3.9 million 28 are the best way for organisations private contributions the Scholarship Programme and individuals to support the institution’s strategic goals. 619 individual 55 companies in the donors in the ESADE Assembly of Members Challenge for Talent of the ESADE Foundation

PRIVATE SUPPORT FOR THE ESADE FOUNDATION

ESADE is one of the world’s top academic institutions. The support of organisations and individuals that share the school’s mission and values is essential to maintaining this competitive position. Private donations contribute to the institution’s future and are a commitment to the ESADE project. The school raised €3.9 million through private contributions during the 2015-2016 academic year.

Various forms of collaboration allow businesses, foundations and organisations to play an active role in supporting ESADE’s strategic goals. Similarly, individual donors – alumni, students, staff and faculty – collaborate by donating money to the Scholarship Programme so that the school can provide opportunities to talented young people who otherwise could not afford an ESADE education. 100 private contributions annual report 101

ALLOCATION OF DONATED FUNDS ESADE CHALLENGE FOR TALENT

The aim of the ESADE Challenge for Talent is to raise • The BBA class of ‘16 achieved record-breaking 5% additional funds for the Scholarship Programme, thereby participation by getting 82% of the class – providing additional opportunities to talented young people over 200 students – to donate to the ESADE who otherwise would not be able to afford to study at Scholarship Programme. Thanks to their efforts, ESADE. Since it was launched in April 2012 – joining the Sonia Herrero Cordero – BBA ‘16 Scholarship various other initiatives and collaboration channels – the will provide a future opportunity to a female first- campaign has grown to more than 1,000 participants. The year BBA student. highlights of the campaign include the following: 64% €3.9 M 31% The Corporate Scholarship Programme provides • ESADE now has five future scholarships: the Manel companies, foundations and institutions with a way to Adell Future Scholarship, the Ayuso Family Future show their commitment to talent and education, thus Scholarship, the Maite Iglesias Foundation Future increasing their appeal among students, positioning Scholarship, the Maite Barrera Future Scholarship and themselves as entities committed to training, and the Joaquim Arimany Future Scholarship. In this new identifying themselves as socially responsible form of collaboration with the Scholarship Programme organisations that are engaged with future generations – designed for families and alumni with close links and the goal of social transformation. In exchange for Research, faculty and research grants (64%) to ESADE – the donor pledges to cover 90% of a donations of a particular size, these organisations At ESADE, research allows us to develop and disseminate relevant student’s tuition fees over the course of a four-year can create branded scholarships that target a specific knowledge throughout the business world, the public sector, the legal undergraduate degree. programme (BBA, Bachelor in Law, Double Degree, MBA, field and civil society. It is also the best way to ensure that ESADE’s faculty etc.) or benefit a particular type of student. remains one of the world’s top teaching teams. This year, ESADE allocated • The 1,000 × 1,000 ESADE initiative is supported by €2.5 million to funding research activity. The two most active research 119 alumni. This historic initiative was the first formula bodies at our institution were the ESADE Entrepreneurship Institute, whose for collaboration with the Scholarship Programme to activities are supported by Santander Universidades, and the Institute for be proposed to alumni and friends of ESADE. Donors Social Innovation, whose main supporters are the EY Foundation and the to the 1,000 × 1,000 initiative make a significant Abertis Foundation. contribution over the course of four years to ensure the continuity of the scholarships awarded. Depending Scholarship Programme (31%) on the type of contribution, the campaign distinguishes ESADE demonstrates its commitment to talent through its Scholarship donors as silver, gold or platinum. During the 2015- Programme, which allocated €2.3 million to scholarships for 218 students 2016 academic year, there have been 86 silver donors, during the 2015-2016 academic year. To increase the number of scholarship 24 gold donors and 9 platinum donors. students, the school has organised major fundraising efforts under the banner of the ESADE Challenge for Talent. This campaign already enjoys • The general campaign, which includes all donations the support of more than 600 alumni, students, faculty and staff, as well of less than €1,000, has the support of more than as 28 organisations that want to provide future opportunities to talented 500 alumni. The value of these donations lies in the young people who otherwise would be unable to afford an ESADE education. fact that numerous small contributions can add up to something big, like a collective scholarship. During the Endowment (5%) 2015-2016 academic year, two collective scholarships The endowment is a fund whose income is invested in ESADE’s strategic were created: priorities or reinvested in the fund itself. The ESADE endowment is currently worth €7.2 million. The endowment has grown by 24% over the past five • The MBA class of ‘16 joined the tradition started years, mainly thanks to annual donations from Santander Universities that by the MBA class of ‘15 by creating a collective are linked to entrepreneurship activities. scholarship for two students who have since started the MBA. More than 120 classmates donated money to the Scholarship Programme in order to create this scholarship. 102 private contributions annual report 103

COMPANIES AND FOUNDATIONS THAT HAVE CONTRIBUTED COMPANIES AND FOUNDATIONS TO SPECIFIC PROJECTS AND ESADE’S FOUNDING PURPOSE THAT HAVE CONTRIBUTED TO THE SCHOLARSHIP PROGRAMME

PARTNERS OF HONOUR COLLABORATORS PROMOTERS COLLABORATORS

• BBVA • AbbVie Companies, organisations and • Alfa Consulting • Fundación Bancaria "la Caixa" • ACRA foundations that have created branded • Anudal • Fundación Repsol • AEBRAND scholarships • Axis Corporate • Gas Natural Fenosa • AGM Abogados • Despachos miembros del Consejo • Santander • Air China • Allianz Profesional de la Law School • SEAT • Antex • Chiesi España • Fundación Renta Corporación • Applus LGAI • Coca Cola European Partners • Grupo Zurich en España PARTNERS • Aquology • Colonial • Iberdac • Arasa & De Miquel-Euroforo • Deloitte • JP Morgan • • Baker & McKenzie Abogados • Fundación Banco Sabadell • Lucta • Everis • BDO Abogados • Fundación Caja de Ingenieros • Mercer • Fundación Abertis • Caprabo • Fundación Jesús Serra / Grupo • MTG • Fundación Caja de Ingenieros • Carbó Business Consulting Catalana Occidente • Resa • Fundació Carulla • CCB • Fundación Puig • Residencia Universitaria Sarriá • Fundación EY • Chint Energy • Grupo Indukern • Rwe Innogy Aersa • Mercadona • Clifford Chance Abogados • Grupo Mémora • SELLBYTEL Group • Cosco • Reig Patrimonia • Crowe Horwath Legal y Tributario • Roca Corporación Empresarial PROMOTERS CEMS CORPORATE PARTNERS • Cuatrecasas, Gonçalves Pereira, SLP • SEAT • D·E Master Blenders 1753 • Unibail-Rodamco • Google • Accenture • Deloitte Abogados y Asesores • ACCIÓ • GSK Tributarios • ARAG • DKEY Abogados • Aramark • Font Abogados y Economistas • Ayuntamiento de Barcelona • Freshfields Bruckhaus Deringer, LLP • Better Shelter • Garrigues, Abogados y Asesores • CaixaBank Tributarios • Cementos Molins • Gómez-Acebo & Pombo Abogados • Cuatrecasas, Gonçalves Pereira • Haier • Danone • Huawei • Danone pour l'Ecosystème • Ibermática • Desigual • IBM • Elecnor • Indra Sistemas • Esteve • Invest in Spain • EY • Jausas • Fluidra • Keeway Motor • Freixenet • Kerry Logistics • Fujitsu • King & Wood • Fundació Unió Catalana • KPMG Abogados d’Hospitals • Lenovo • Fundación Agbar • Manubens & Asociados Abogados • Fundación Aquae • Nestlé España • Fundación Damm • Osborne Clarke • Fundación de PwC • Pedrosa Lagos • Graduate Management Admission • Pérez-Llorca Council • Port de Barcelona • Grupo Mahou San Miguel • PwC Tax & Legal • ICL Iberia • Rimontgó Invest • ISS Facility Services • Roca Junyent • KPMG • Rousaud Costas Duran • MicroBank • SARquavitae • Penteo • Suara • Reimagine Food • Uría Menéndez • Vialegis Asesores Legales y Tributarios • ZTE 104 private contributions annual report 105

ASSEMBLY OF MEMBERS CONTRIBUTIONS TO SCHOLARSHIP PROGRAMME

The mission of the Assembly of Members of the ESADE Foundation is to inform and advise the Board of Trustees The alumni, students, faculty, staff and friends of ESADE who contributed to the Scholarship Programme made – the Foundation’s governing body – regarding the needs and developments of civil society. dreams come true for 262 students who are now able to study at ESADE.

The Assembly consists of companies and individuals from Spain and abroad that collaborate with ESADE by making FUTURE SCHOLARSHIP • Navarro Martínez, Pedro • Martínez Vila, Josep (PT MBA 91) economic contributions to the institution’s strategic projects. In addition to its advisory role, the Assembly is also a (FT MBA 67, Board of Trustees) • Mateo Alujas, Josep M. world-class business forum where representatives of member organisations – presidents, CEOs, general managers • Adell Domingo, Manel (Lic&MBA 86) • Pérez Farguell, Xavier (Lic&MBA 84) (Lic&MBA 77, Board of Trustees) • Mena López, F. Xavier (faculty) – have the opportunity to discuss economic, business and social realities. In addition to these organisations, • Arimany Barceló, Joaquim (Lic&MBA 85) • Puig Zacares, Jaume (Lic&MBA 85) • Mir de la Fuente, Xavier (faculty) the Assembly also includes individual members who have some sort of special relationship with ESADE – former • Barrera Xaubet, Maite (Lic&MBA 98) • Raspall Coromina, Borja (Lic&MBA 02) • Mirabet Juliachs, Víctor (Lic&MBA 80) presidents of the Foundation and of ESADE Alumni, etc. – or who were historically involved with the institution. • Família Ayuso • Tubau Roca, Ricard (Lic&MBA 90) • Mitjavila i Moix, Xavier (Lic&MBA 93) • Maite Iglesias-Baciana, • Vicens Torradas, Josep (Lic&MBA 81) • Moncunill Giró, Josep (Lic&MBA 78) The Assembly participates in various ESADE events and meets on a yearly basis. The annual meeting for the private foundation • Vila Torras, Joaquín (MBA 95) • Montllonch Escubos, Federico 2015-2016 academic year took place on 1st June 2016. (FT MBA 78) SILVER • Muñoz Lasuén, José Luis 1.000 × 1.000 (Lic&MBA 87) • Abelló Riera, Frederic (PMD 84) • Navarro Aragay, Robert (Lic&MBA 86) PLATINUM • Acha López, Joaquín (Lic&MBA 88) • Nogareda Estivill, M. del Mar • Aguilar Huguet, Oriol (Lic&MBA 02) (Lic&MBA 89) • Abubakar, Abba (MBA 13) • Alcover Negre, Jorge (Lic&MBA 98) • Núñez Navarro, Josep Lluís • Castejón Fernández, Germán • Anmella Subías, Ricardo (Lic&MBA 81) (Lic&MBA 81, Board of Trustees) (Lic&MBA 84) • Núñez Navarro, Josep M. • Díaz-Varela Bertschinger, Raúl • Berché Moreno, Eduardo (faculty) (Lic&MBA 86) (Lic&MBA 92, Board of Trustees) • Bieto Caubet, Eugènia • Palmada Sánchez, Salvador • Díaz-Varela Bertschinger, Tamara (Lic&MBA 73, faculty) (Lic&MBA 86) (Lic&MBA 94) • Brufau Niubó, Manuel (Lic&MBA 77) • Pascual Sancho, Carles (FT MBA 87) • Guardiola Romojaro, Jaume • Burgués Bassols, Lluís (Lic&MBA 78) • Peña Mayor, Antonio (Lic&MBA 93) (Lic&MBA 80, Board of Trustees) • Calderón Riera, Alfons (Lic&MBA 92) • Pont Rey, Xavier (Lic&MBA 93) • Pinya Salomó, Oriol (Lic&MBA 95) • Cantó Navés, Carles (Lic&MBA 90) • Portabella de Alòs, M. Josefa • Rosell Feliu, Sandro (Lic&MBA 87) • Colàs Ricart, Miquel (Lic&MBA 82) • Quintanilla Cornudella, Àlex • Trías Sagnier, Miguel • Costa Argelaguet, Francesc (Lic&MBA 91) (PT MBA 89, faculty) (Lic&MBA 92) • Rafel Miarnau, Francisco • Villanueva Villalba, José Manuel • Cuatrecasas Targa, Carlos (Lic&MBA 90) (Lic&MBA 99) • Delgado Planas, Antonio • Rafel Miarnau, Ignacio (MBA 00) (Lic&MD 00, faculty) • Rama Dellepiane, Rodrigo GOLD • Díaz Almazán, David (Lic&MBA 93) (FT MBA 89) • Espurz Font, Xavier (Lic&MBA 93) • Raventós Negra, Higinio † • Alavedra Comas, Jordi (Lic&MBA 78) • Estabanell Buxó, Antoni (Lic&MBA 73) • Armenter Vidal, Marcelino (Lic&MBA 81) • Raventós Negra, Manuel (Lic&MBA 79) • Fonts Cavestany, Ignacio (Board of Trustees) • Aymerich Llombart, Daniel (Lic&MBA 82) • Raya Donet, Andrés (Lic&MBA 97) • Gallés Gabarró, Jordi (Lic&MBA 95) (PT MBA 89, faculty) Organisations • Bach Terricabras, Luis (Lic&MBA 77) • Ganyet Cirera, Carmina • Rigau Cañardo, Mariano (FT MBA 88) • Borràs Ferré, Joaquín (Lic&MBA 80) (programa VV 03) • Rigau Pagès, Javier (Lic&MBA 01) • Abertis • Deloitte • Grupo Mahou San Miguel • Brugera Clavero, Juan José • Garcia Nebot, Josep (Lic&MBA 82) • Rodrigo García, Sixto (Lic&MBA 93) • Accenture • Desigual • Grupo Mémora (FT MBA 71) • Garcia Torres, Anna (Lic&MBA 11) • Rodríguez García, José Francisco • Agrolimen • Elecnor • Grupo Zurich en España • Carulla Font, Artur (Lic&MBA 72, • Garí Eguillor, Manuel (Lic&MBA 84) (EMBA 06) • Alfa Consulting • Esteve • IBM Board of Trustees 2011-2015) • Ginesta Manresa, Miquel • Rotllant Solà, Mario • Allianz • Everis • ICL Iberia • Cava Martínez, Joaquín (Lic&MBA 89) (Board of Trustees) • ARAG • EY • ISS Facility Services (Lic&MBA 91, faculty) • Goldberg Waks, Lorenzo • Rousaud Parés, Emili (Lic&MBA 90) • Aramark • Fluidra • KPMG • Cornudella Felip, Oriol (Lic&MBA 85) (Lic&MBA 86) • Rull Bertran, José M. (Lic&MBA 89) • Axis Corporate • Freixenet • Metalogenia • Estany Puig, Patrícia • Grifoll Rossell, Calamanda • Sans Mercè, Lluís (Lic&MBA 89) • Banco Sabadell • Fujitsu • Miguel Torres (Lic&MBA 85, Board of Trustees) (Lic&MBA 81) • Santacreu Bonjoch, Josep (PMD 89) • BBVA • Fundación Bancaria "la Caixa" • Nestlé España • Fontana García, Pedro (Lic&MBA 74, • Guardans Cambó, Helena • Serlavós Serra, Ricard • CaixaBank • Fundación Banco Sabadell • Penteo Board of Trustees 2001-2013) (Lic&MBA 85) (Lic&MBA 77, faculty) • Cámara Oficial de Comercio, • Fundación Caja de Ingenieros • Reig Patrimonia • Grau Monjo, Merche (Lic&MBA 89) • Guarner Muñoz, Francisco (FT MBA 81) • Sureda Martínez, Joan (Lic&MBA 77) Industria, Servicios y Navegación • Fundación Damm • Roca Corporación Empresarial • Grupo Aleix • Guerra Mercadal, Ignacio • Tintoré Segura, Xavier (Lic&MBA 90) de Barcelona • Fundación de PwC • Santander • Haeffner Gelis, Julio (Lic&MBA 78) (Lic&MBA 89) • Tombas Navarro, Enrique • Caprabo • Fundación Jesús Serra / Grupo • SEAT • Martín Pérez, José Luis • Hernández de Lorenzo Millet, Juan (Lic&MBA 90) • Cementos Molins Catalana Occidente • SELLBYTEL Group (Lic&MBA 80) (Lic&MBA 87) • Torra Balcells, Xavier (EDIK 84) • Chiesi España • Fundación Puig • Unibail-Rodamco • Martínez de la Rosa, Borja • Iglesias Baciana, Ricardo • Tubella Plaza, Maite (Lic&MBA 86) • Coca Cola European Partners • Fundación Repsol • Werfen Group (Lic&MBA 01) (Lic&MBA 81) • Vegara Figueras, David (faculty) • Colonial • Gas Natural Fenosa • Muniesa Arantegui, Tomàs • Longo Martínez, Francisco (faculty) • Vela Ballabriga, Antonio • Danone • Grupo Indukern (Lic&MBA 76, Board of Trustees) • Marsal Périz, Cristina (Lic&MBA 95) (Lic&MBA 90) 106 private contributions annual report 107

• Ventura Santamans, Carles • Batet Gabarró, Albert (Lic&MBA 74) • Claveria Viladegut, Joan (EDIEF 90) • Fernández Barnosell, Myriam • García Alonso, Alexandra • Guerrero Sánchez, Alejandro (Lic&MBA 92) • Batista Foguet, Joan Manuel • Coll de la Cámara, Pedro (Lic&MBA 96) (Lic&MBA 08) (BBA 14) • Vernis Domènech, Alfred (PMD 91, faculty) (Lic&MBA 74) • Fernández Burrull, Àlex (BBA 14) • García Martín-Posadillo, Carlota • Gupta, Akshay (MBA 16) (Lic&MBA 88, faculty) • Batlle Ymbern, María (BBA 16) • Colmont, Francisco (MBA 16) • Fernández de Alarcón Muguruza, (BBA 16) • Gupta, Prerak Vijesh (MBA 16) • Viader Codina, Judith (Lic&MBA 91) • Baulenas Bardia, Arnau (GED 13) • Colombàs Roca, Marta (BBA 16) Sara (BBA 16) • García Pleijlar, Laura (BBA 16) • Gupta, Shantum (MBA 16) • Vidal-Quadras de Caralt, Alejo • Bauzá de Mirabó Vidal, Alfonso • Comellas Pou, Enric (BBA 16) • Fernández, Paula (BBA 16) • García Solé, Borja (BBA 16) • Haddad, Farah (MBA 16) (Lic&MBA 02) (BBA 16) • Corbera Vidiella, Martí (BBA 16) • Fernández-Dans Goicoechea, Guinea • García-Peñuela García-Escribano, • Hernández Orpinell, Valerie (BBA 16) • Vila Recolons, Alfonso (Lic&MBA 79) • Bayaz, Burak (MBA 17) • Cortadellas Fortuño, Cristina Isabel (BBA 16) Elena (BBA 16) • Herrero Magallón, Carla (BBA 16) • Vilaclara Fatjó, Eulàlia (Lic&MBA 77) • Bendle, Harshad (MBA 14) (BBA 16) • Ferran Torrubia, Natalia (BBA 16) • García-Planas Caules, Max (BBA 16) • Hoderlein Cabistany, Mónica • Viñolas Serra, Pere (Lic&MBA 86) • Benosa Baeza, Antonio (Lic&MBA 73) • Cortés Serra, Lluís Ignasi • Ferraro Salazar, Sandro (MBA 16) • Garí Estany, Cristina (BBA 15) (Lic&MBA 90) • Xicoy Cruells, Anna (Lic&MBA 85) • Berga Alzamora, Patricia (BBA 16) (Lic&MBA 94) • Ferreira Alonso, Isabel M. (MBA 16) • Garí Estany, Manuel (BBA 13) • Hostench Herrera, Cristina (BBA 16) • Zallo Olaeta, Fernando (Lic&MBA 83) • Bernadó Figuerola, Anna (MBA 16) • Costa Baró, Ramon (Lic&MBA 73) • Ferreiro Guillamet, Ernest (BBA 13) • Garrido Vicente, Fernando (BBA 16) • Ichikawa, Helcio (MBA 16) • Anonymous donor (1) • Biason Novell, Laura (BBA 14) • Costa Cueto, Alexandre (BBA 16) • Ferrer Magrià, Anna (BBA 14) • George Thomas, Tarun (MBA 17) • Ollé Valls, Montse † (Lic&MBA 74) • Biete Amores, Leopoldo (EDIK 76) • Costa Meneses, Axel (BBA 16) • Flaqué Forn, Susana (BBA 16) • Gil Egea, Eliseo (Lic&MBA 74) • Iríbar Ibáñez, Ainara (BBA 16) • Biosca Clarisó, Roger (BBA 16) • Cotera Vasconcelos, Fernando • Flynn González, Gerard (BBA 16) • Gilabert Mas, Miquel Àngel (BBA 16) • Jeon, Inhwa (MBA 16) GENERAL CAMPAIGN • Bitner, David Chester (MBA 16) (MBA 16) • Font Martí, Mar (BBA 16) • Giribés Folch, Anna (BBA 12) • Jiménez Abad, Luisa (Lic&MBA 12) • Bobet Marsellés, Ares (BBA 16) • Coutanceau Núñez, Didier • Font Suñer, Pau • Giribés Sala, Francesc Xavier † • Jorba Pintado, Clara (BBA 16) • Abaji, Catia (staff) • Boeckel, Jasper (MBA 16) • Cuadrado Pérez-Broseta, Begoña (BBA 14) (Lic&MBA 81) • Jové Cucó, Roger (BBA 16) • Abella Bruguera, Maria (BBA 16) • Bofarull Viu, Iván (Lic&MBA 97, staff) (BBA 16) • Font Torné, Núria (staff) • Gomes Godoi, Victor Luiz (MBA 17) • Jover Ricart, Carles (Lic&MBA 74) • Abella Prat, Pol (BBA 16) • Boltaina Vega, M. Pilar (BBA 16) • Cueto Reyes, Adriana (BBA 16) • Fontova Martí, Iolanda (BBA 16) • Gómez Arbeláez, Gabriel Jaime • Juher Adroer, Albert (BBA 14) • Abellán Bustos, Marta (BBA 16) • Bonavia Solé, Laura (staff) • Da Silva, Murilo (MBA 17) • Fornós Assens, Juan Ignacio (MBA 16) • Julca Morales, Telma (MBA 16) • Acosta Nieto, Julio (MBA 16) • Borlován, Ana M. (BBA 16) • DAC • Franch Bullich, Josep • Gómez Martí, Alejandro (BBA 14) • Juncadella Joaniquet, Alejandro • Admiraal, Kelly (Lic&MD 16) • Borràs Gómez, Bruno (BBA 13) • Dangla Feliu, Juan (Lic&MBA 84) (Lic&MBA 84, faculty) • Gómez Provencio, Sara (BBA 14) (BBA 16) • Agrawal, Anand (MBA 16) • Borràs Tarancón, Xavier (BBA 16) • Daudem Prat, Joaquín (Lic&MBA 74) • Franco Muntada, Xavier (Lic&MBA 97) • Gómez Serrano, Sonia • Kanaan, Afif (MBA 16) • Aguilera López, Xavier • Bosom Perea, Ariadna (BBA 16) • Davi i Espadaler, Ignasi (BBA 16) • Franquesa Castrillo, Carlos (Lic&MBA 91, staff) • Kang, Kimi Lindionne (MBA 16) (Programa VV 09) • Bouyoux, Guillaume (MIF 16) • De Felipe Santos, Tomás (Lic&MBA 86) • González Bigorra, Maria (BBA 16) • Kanjilal, Siddharth (MBA 16) • Aguirre Camou, Mario (MBA 16) • Brassesco García, Mario (BBA 14) (Lic&MBA 74) • Frontera Avellana, Gerardo • González Muñoz, Ivone (BBA 16) • Kazantzis, Alexandros (MBA 16) • Aiki, Olufemi (MBA 16) • Broseta Vicente, Diego (BBA 16) • De la Sota Schutz, Iñaki (BBA 16) (Lic&MBA 74) • González Ramos, Sofía (BBA 16) • Keerl Ferrer, Frank (BBA 16) • Albiol Almirall, Santiago (BBA 16) • Brugarola Valls, Sònia (BBA 16) • De Lara Díaz, Elena (BBA 16) • Fujioka, Shunsuke (MBA 16) • Gost Nouvilas, Anna (BBA 16) • Kinská, Klára (MBA 16) • Alcalá Figueras, Mireia (BBA 16) • Burgard, Johannes (MBA 17) • De Rezende Martins, Paula (MBA 16) • Fuyà Espinar, Francesc Xavier • Grau Alarcón, Fermín (BBA 16) • Krieger Flores, Bruno (MBA 17) • Alemany Bonet, M. Luisa (BBA 16) • Burgués Fortuño, Xavier • De Sousa Alfonso, Ana Sofía (BBA 16) • Grau Autonell, Cristina (BBA 16) • Kristantoadi Nugroho, Yohannes • Alghanim, Yousif (MBA 17) (Lic&MBA 74) (MBA 16) • Galcerán Rosal, Alejandro • Grau Rahola, Susana (MBA 16) • Altman Argandoña, Darío (MBA 16) • Busquets Goixart, Ramón • Decléty, Diane Marie Sabine (Lic&MBA 10) (Lic&MBA 89) • Kudo, Asako (MBA 16) • Alvarado Amado, Manuel Alejandro (Lic&MBA 74) (BBA 16) • Gale, Brian Jeffrey (MBA 16) • Güell Bara, Ignasi (BBA 14) • Labori Ospital, Marcos (BBA 16) (MBA 16) • Calcagno Pujagut, Alessandro • Del Pozo García, José Antonio • Galindo Quintero, Adriana del Pilar • Guerrero Cavazos, Carolina • Lach Balzaretti, Ricardo (MBA 16) • Álvarez Líbano, Olivia-María (BBA 16) (BBA 16) (Lic&MBA 78) (MBA 16) Guadalupe (BBA 16) • Lam, Janet (MBA 16) • Amaya, Javier Jofre (MBA 17) • Caldas Casañas, Manuel (BBA 16) • Del Río McDermott, Aisling (BBA 16) • Galofré Borés-Leonori, Pablo • Guerrero Pérez, José Luis • Langa Arnau, Ricardo (Lic&MBA 97) • Amer Galmés, Isabel (BBA 13) • Calvo Burriel, Marc (BBA 16) • Demetz, Nils (MBA 16) (BBA 16) (PT MBA 87) • Lankinen, Pasi Tapani (Lic&MBA 97) • Ametller Massot, Robert (BBA 13) • Camp García, Sílvia (BBA 16) • Díez Rangil, Daniel (BBA 16) • Anand Sahdev, Karan (BBA 16) • Canal Montojo, Oriol (BBA 16) • Domènech Fernández, Marta • Andelo Colom, Júlia (BBA 16) • Canal Noguera, Claudia (BBA 16) (BBA 16) • Andrianopoulos, Dimitrios (MBA 16) • Cañadell Estragués, Lluís (BBA 16) • Dube, Takunda Promise (MBA 16) • Angrill i Miravent, Josep • Capdevila Vilapriñó, Sergi (BBA 13) • Dueñas Sucrana, Pau (Lic&MBA 90) (honorary faculty) • Carbó Barrera, Aïda (BBA 14) • Dugal, Jaiveer Singh (MBA 16) • Anguela Franquet, Marta (BBA 16) • Carbonell Ibàñez, Albert • Duran Foix, Maria (BBA 16) • Antón Andrada, Marina (BBA 16) (Lic&MBA 95) • Echeverría Escofet, Pablo Andrés • Arellano Gil, Pedro (EMBA 07) • Carbonell Labairu, Mireia (BBA 16) (BBA 16) • Arias Ortega, Martí (BBA 14) • Cardelús Vilalta, Nina (BBA 16) • Eklund, Simon (MBA 16) • Arlández Carretero, Guillem (BBA 16) • Casabona Fina, Ramón (Lic&MBA 78) • El Nakib, Ahmad (MBA 16) • Armenter Vidal, Xavier (Lic&MBA 74) • Casadevall Banchs, Anna (BBA 16) • Elhiny, Abdelkarim Basel Mohamed • Arnedo Santamaria, Meritxell • Casanova Turin, Jean Robert (MBA 17) (Lic&MBA 97) (Lic&MBA 74) • Escalza Sagnier, Maria (BBA 16) • Arroyo Ruiz, Diego (BBA 14) • Casas Salva, Toni (Lic&MBA 74) • Escobar Gassó, David (BBA 16) • Arrufat Sorolla, Gemma (BBA 16) • Casas Turu, Xavier (BBA 16) • Escoda Pallarés, Alejandro (BBA 16) • Arruga Costa, Clara (BBA 16) • Castanedo Vila, Eduardo (BBA 12) • Esteve Berga, Andrea (BBA 16) • Aubia Ferré, Francesc (BBA 16) • Castany Crivillers, David (BBA 13) • Esteve Bieto, Josep (BBA 16) • Badal Ibáñez, M. Purificación • Català Fraile, Claudia (BBA 16) • Esteve Cots, Francesc (Lic&MBA 90) • Català Pons, Joan (MDEF 03; (MBA 16) • Badia Rodríguez, Cristina Management Control 91; EDIEF 81) • Estorach Cavaller, Laia (BBA 13) (Lic&MBA 90) • Chatterjee, Promit (MBA 16) • Estruch Trillo, Alejandro (BBA 13) • Ballabriga Torreguitart, Antoni • Chen, Qiang (MBA 16) • Evans, Brandon Paul (MBA 16) (Lic&MBA 91) • Cherif Haouat, Sofia (BBA 16) • Evrard Comas, Paul (BBA 16) • Ballester Mataró, Ferran (BBA 16) • Chinchilla Campo, Ricardo (BBA 16) • Ewald de Aceves, Franziska (staff) • Bannick, Swagat Shyam (MBA 16) • Chiu, Ying-Chih (MBA 15) • Fabregat Feldsztajn, Jordi • Banzo Vilà, Marc (BBA 16) • Choe, Hankeun (MBA 16) (Lic&MBA 80, faculty) • Baqué Ramis, Cristina (BBA 16) • Cirera Garriga, Martí (Lic&MBA 73) • Farrés Mairal, Benjamín (BBA 16) • Barba Martínez, Genís (BBA 16) • Cirera Nogueras, Albert • Fernández Álvarez, Miguel • Barra Bargalló, Oriana (MBA 16) (Lic&MBA 78) (Lic&MBA 08) 108 private contributions annual report 109

• Lara Peralta, Marina (BBA 16) • Merí Rius, Albert (BBA 16) • Pladevall Fernando, Xavier • Serra Galea, Cristina (BBA 16) • Tarrazón Escura, Jaime (BBA 16) • Vélez Morente, Sandra (BBA 16) • Lara Valero, Amparo (BBA 16) • Miquel Burriel, Núria M. (BBA 13) (Lic&MBA 86) • Serrallonga Farràs, Ramon (MBA 16) • Terraza Badia, Mónica (BBA 14) • Vélez Reeed, Levi James (MBA 16) • Lawrence, Lindsey (MBA 16) • Miralles Soler, Enric (BBA 13) • Planxart Pérez, Elsa (BBA 16) • Shen Wang, George Tianke (BBA 16) • Thacker, Hemal Vinodbhai (MBA 17) • Ventura Ripoll, Mireia (BBA 16) • Lee Choi, Kyoungyeal (BBA 16) • Miranda Negri, Bruna (MBA 16) • Poch Enciso, M. José (BBA 16) • Shin, Yunwoo (MBA 16) • Tomàs Duarte, Jordi (BBA 16) • Verbón Cruells, Florenci • Levisse, Jean-Baptiste (BBA 16) • Mochny, Heron (MBA 15) • Ponsico Martin, Alba (BBA 14) • Sibel, Chloé (BBA 16) • Torra-Balari Cera, Mauricio (Lic&MBA 80) • Li, Qiliang (MBA 16) • Monclús Farré, Josep J. (Lic&MBA 73) • Potnuru, Sairam (MBA 16) • Silva Fonseca, Fabio (MBA 16) (Lic&MBA 74) • Vergés Miró, Pere (BBA 16) • Li, Shichuan (MBA 16) • Monrabá Bagan, Josep (MUA 14) • Poveda Pérez, Ernesto (Lic&MBA 74) • Sirés López, Cristian (BBA 16) • Torras Consolación, Alicia (BBA 13) • Viader Pagès, Elena • Liesenberg, Kathrin Charlotte (staff) • Montes Güell, Miquel (GEMBA 09) • Printz, Matthias (MBA 16) • Solé Moix, Jordi (BBA 14) • Torras Guerrero, Carla (BBA 13) (Lic&MBA 90, staff) • Lizaso Lorente, Ariadna (BBA 16) • Montesinos Barrachina, Elena • Priyadarshi, Aditya (MBA 16) • Soler Batet, Lleonard (BBA 13) • Torrellas Darvas, Pablo (BBA 16) • Vieira de Souza, Nilton (MBA 17) • Llach Solé, Adriana (BBA 16) (BBA 16) • Puig Canal, Maria (BBA 16) • Soler Fraile, Pablo (Lic&MBA 85) • Torres Vasconez, Fernando (BBA 16) • Vilardell González, Ferran (faculty) • Llenas Rossell, Xavier • Montserrat Trenchs, Alicia (BBA 16) • Puig Gil, Ariadna (BBA 16) • Soler Noè, Enric (BBA 16) • Tourtchine Cerrolaza, Sergio • Villacé Gallego, Alejandro (BBA 12) (Lic&MBA 93, staff) • Mora Mediavilla, M. del Mar (BBA 12) • Puig Grau, Ariadna (BBA 16) • Soromenho Jorge, João Pedro • Trapote Barreira, César (EMBA 14) • Villanueva Barrachina, Marcos • Lligadas González, Gemma • Moral Capiscol, Paola (BBA 16) • Puig Melendres, Àngel (Lic&MBA 92) (MBA 16) • Trigueros Blanco, Pedro (BBA 16) (BBA 16) (Lic&MD 11, faculty) • Morales Viñas, Montserrat (MUA 14) • Puiggalí Amat, Mònica (BBA 16) • Sostres Casadevall, Ferran • Trillo Bartolomé, Luis (BBA 16) • Vincens de Tapol López de Arriba, • Llobera Vila, Xavier (FT MBA 00) • Morata Roig, Andrés (Lic&MBA 91) • Quer Jubert, Josep (BBA 16) (Lic&MBA 90) • Tsvetkov, Nikolay (MBA 16) Carolina (BBA 16) • Llopis Gaspar, Maria (BBA 16) • Moreno Vivó, Anna (BBA 16) • Queralt O’Callaghan, Xavier (BBA 16) • Sotelo Rosell, Patricia (MBA 02) • Tugas Alemany, Raquel (BBA 16) • Viñas Ruiz, Mario (BBA 16) • Llort Sala, Clara (BBA 16) • Morgadinho Lopes, Nuno José • Querol Briones, Claudia (BBA 16) • Sreedhar, Sandeep (MBA 16) • Ueki (Noguchi), Yuki (MBA 16) • Viu Alegre, Alberto (Lic&MBA 12) • Lloveras Soler, Josep M. (MBA 09) • Quintana Soms, Adrià (BBA 13) • Stratakou, Eleni Anna (staff) • Urbina Islas, Yazmin (MBA 15) • Von Gossler, Laura (MBA 16) (Lic&MBA 70) • Morthera Navarrete, Mónica • Ramos Siles, Óscar (BBA 16) • Suárez Fisteus, Xilda (BBA 12) • Valiente, Rodrigo Armando (MBA 15) • Westerman Ferreira, David (BBA 16) • Lluch Oms, Xavier (Lic&MBA 73) (MBA 17) • Rao, Poonam (MBA 16) • Sugrañes Salvat, Jordi (BBA 16) • Vall Filella, Elena (BBA 16) • Xercavins Ribas, Alejo (BBA 16) • Lluch Zapater, Anna (BBA 16) • Muntané Milló, Berta (BBA 16) • Reol Olano, Rocío (Lic&MBA 91) • Sumarroca Boix, Carles (BBA 16) • Vallès Aznar, Xavier (BBA 16) • Zheng, Yanyu (MBA 16) • Lluís-Brusi Montero, Alejandro • Mut Vaquer, Martina (BBA 16) • Reyes Aguiar, Lina (MBA 16) • Sundaram, Sreehari (MBA 16) • Vallés Pérez, Carlos (GED 13) • Zucchi, Anna (BBA 16) (BBA 16) • Muxach Gumà, Clara (BBA 16) • Riaza Sánchez, Paula (BBA 16) • Suru Valverde, Alba (BBA 16) • Van Andel, Bárbara (BBA 16) • Zymantas Kungys, Jura (staff) • Llull Pracz, Noelle (BBA 16) • Navarro Codina, Josep M. • Ricart Roig, Elisabet (BBA 14) • Takagi, Hideki (MBA 16) • Vasconcelos Duarte Pereira, Pedro • Anonymous donors (6) • Llusar Rosa, Pablo (BBA 16) (Lic&MBA 78) • Richuso, Emily (MBA 16) • Tamarit Sales, Laura (BBA 16) Artur (MBA 16) • Longhi, Alessandro (MBA 16) • Navarro Llechà, Judit (BBA 16) • Rifà Busquet, Elisenda (BBA 16) • López Mori, Jorge Alonso (MBA 15) • Navarro Rugall, Javier (Lic&MBA 93) • Rivera Frías, Paula Lorena (MBA 16) • López Viguria, Enrique • Negrini, Natalia (MBA 16) • Rivera Molins, Carles (Lic&MBA 97) (PT MBA 90, staff) • Nerín Coronas, Susana (BBA 16) • Roca Rubió, Jesús (Lic&MBA 08) • Lopezbarrena Arenas, Cristina (BBA 16) • Niella Quintín, Joan-Marc (BBA 16) • Rodrigo Mas, Pablo (BBA 16) • Lorenz Delgado, Alexandra (BBA 16) • Nogueira Canle, Martiño (MDO 09) • Rodríguez Garrido, Luisa M. • Lou Chiou, Man Hei (BBA 16) • Notari Torán, Pascual (BBA 14) (MUA 14) • Luna Diago, Francina (BBA 16) • Noya Espinazo, Eloi • Rodríguez Sánchez, Míriam (BBA 14) • Lutter, Felix (MBA 16) (Lic&MBA 93, faculty) • Roig Ramon, Alexandre (BBA 16) • Madden-Peister, Evan (MBA 16) • Nuthalapati, Avinash (MBA 17) • Romy Belilos, Jean Louis • Manent Relats, Josep (Lic&MBA 74) • Ochoa Lázaro, Sandra (BBA 13) (Lic&MBA 74) • Manent Silvar, Silvia (Lic&MBA 74) • Olivé Queralt, Anna (BBA 16) • Rosell Belloc, Anna (BBA 16) • Marcet Risa, Neus (PMD 16, staff) • Orri Badia, Cristina (GED 13) • Rueda Diví, Marta (BBA 16) • Marcos Collado, Darío (BBA 16) • Ortiz Pineda, Carlos Fernando • Ruiz Carreras, Marta (BBA 16) • Marcos Sansón, Elena (BBA 13) (MBA 16) • Rullán Arias, Marina (BBA 16) • Marín Campo, M. Lourdes (BBA 16) • Osawa, Tatsuya (MBA 16) • Ryane, El Bar (BBA 16) • Martí Pellisé, Cristina (BBA 14) • Ozenci, Basak Bercin (MBA 16) • Sagalés García, Ian (BBA 16) • Martí Tubert, Carla (BBA 16) • Padrós Jurado, Mireia (BBA 16) • Sagnier Eckert, Carlota (BBA 16) • Martín Alcaraz, David (BBA 16) • Palacio Cano, Laura (BBA 16) • Sagrera Villagrasa, Joan • Martínez Contero, Xavier (BBA 16) • Palacio Espasa, Mariona (BBA 16) (Lic&MBA 74) • Martínez Farrero, Santiago • Palacios Utrillas, Joan Ignasi • Sahni, Yuvraj (MBA 16) (Management Control 99) (BBA 16) • Sala Rovira, Josep M. (Lic&MBA 73) • Martínez Muñoz, Andrea (BBA 16) • Palau Llopis, Enrique (Lic&MBA 90) • Salas Fumás, Vicente (Lic&MBA 74) • Martínez Vázquez, Jordi (BBA 16) • Pallarès Mas, Carles (Lic&MBA 81) • Sallarès Blanch, Josep (BBA 16) • Martínez-Monche Zaragoza, Isabel • Panosa Jou, Josep (Lic&MBA 87) • Sánchez Anter, Mònica (BBA 16) (Lic&MBA 92) • Parellada Magrans, Arturo (GED 15) • Sanchez Chiappetto, • Martorell Perles, Anna (BBA 16) • Peláez Bueno, Helena (BBA 16) Carolina Gioconda (MBA 17) • Martos Bartroli, Alfons Josep • Peláez Rengifo, Mauricio (MBA 17) • Sánchez Marín, Eva (BBA 16) (BBA 14) • Peng, Yu-Ling (MBA 16) • Sánchez Posada, Juan Esteban • Marzo Santacana, Ignasi (BBA 16) • Perdigó Pons, Jaume (BBA 16) (MBA 16) • Mas Navarro, Joan Ramon (PMD 06) • Perea Plana, Marta (BBA 16) • Sánchez Puy, Marta (BBA 16) • Mas Peiró, Cristina (BBA 16) • Perera Barceló, Alejandro (BBA 13) • Santaflorentina Durán, M. Mercè • Masana Ribalta, Jaume • Pérez Beltrán, Gustavo (MBA 16) (Lic&MBA 90) (Lic&MBA 90) • Pérez Dávila, Esteban (Lic&MBA 79) • Sarda Alsina, Joaquim (EDOIN 87) • Masoliver Gallach, Matías (BBA 16) • Pérez González, Adrián (BBA 16) • Sarret Comes, Marta (BBA 16) • Massó Sauquet, Josep (BBA 16) • Pérez Torres, José Luis (FT MBA 75) • Saura Montiel, Mercè (MDM 08, staff) • Massons Rabassa, Joan • Pérez Varela, Alejandro (BBA 16) • Sawano, Miku (MBA 16) (Lic&MBA 66, staff) • Pérez-Sala Compte, Ester (BBA 16) • Sayama, Ryo (MBA 16) • Mateu Dubarry, Elise (BBA 16) • Pericas Clavé, Maria (BBA 16) • Segura Canovas, Paloma (BBA 16) • Medina Serra, Clàudia (BBA 16) • Pham, Linh Thuy (MBA 16) • Seki, Takeshi (MBA 16) • Megia Rua, José (BBA 16) • Pieterse, Adriaan (MBA 16) • Sellarès Boada, Gerard (BBA 14) • Méndez Rodríguez de Tembleque, • Pinós Blanch, Josep M. • Selvood, Rocío (staff) Ana (BBA 16) (Lic&MBA 73) • Serra Álvarez, Mireia (BBA 13) annual report 111 9. Governing bodies

The aim of ESADE’s governing bodies Isabel Ángeles is to guide the institution and respond Pagonabarraga Delgado to the challenges posed by a society replaced Francisco Gismondi joined the ESADE that is constantly changing and progressing. on the Board of Trustees Professional Advisory Board

41 organisations MANAGEMENT and companies make up BOARD OF TRUSTEES MEMBERS the ESADE Law School Professional Advisory Board The Board of Trustees is the governing and representation body of the • Germán Castejón Fernández ESADE Foundation, the legal titleholder of ESADE’s educational centres. The • Sol Daurella Comadrán Foundation’s charter consolidates and strengthens the legal structure of an • Raúl Díaz-Varela institution conceived and based, from the outset, on collaboration between • Patricia Estany Puig the Society of Jesus and civil society. The composition of the governing body • Jaume Guardiola Romojaro – the Board of Trustees – therefore corresponds to both constituent parts • Francisco Gismondi, S.J. equally, with the Provincial of the Society of Jesus being responsible for (until March 2016) appointing half of the Board’s members. The Board’s remaining members, • Luis Javier Herrero Borque representatives of civil society, are chosen from among individuals known • Tomás Muniesa Arantegui for their reputation in the business, legal, academic, or cultural spheres, • Pedro Navarro Martínez after taking into consideration the non-binding opinion of the ESADE • Juan M. Nin Génova Foundation Assembly of Members. • Jaime Oraá, S.J. • Isabel Pagonabarraga Mora The Board of Trustees met six times during the 2015-2016 academic year. (as of March 2016) • Ramon Pascual de Sans • Xavier Pérez Farguell • Llorenç Puig Puig, S.J. PRESIDENT • Joaquín Uriach Torelló Manuel Raventós Negra

VICE PRESIDENT Josep Oriol Tuñí Vancells (SJ)

SECRETARY Josep E. Milà Mallafré (SJ) GRI: G4 - 7 / 34 DMA LA12 112 Governing bodies annual report 113

ASSEMBLY OF MEMBERS EXECUTIVE COMMITTEE

The mission of the Assembly of Members of the ESADE Foundation is The General Management ensures the unity of ESADE as a university to inform and advise the Board of Trustees – the Foundation’s governing institution, assuming senior management responsibilities in all areas and body – regarding the needs and developments of civil society. for all its educational centres for academic, economic, administrative and personnel-related issues, as well as for communication between ESADE The Assembly consists of companies and individuals from Spain and abroad and the Board of Trustees. that collaborate with ESADE by making economic contributions to the institution’s strategic projects. In addition to its advisory role, the Assembly The Executive Committee is the body that assists the General Management is also a world-class business forum where representatives of member in managing and coordinating the various areas of ESADE. The Director organisations – presidents, CEOs, general managers – have the opportunity General of ESADE chairs the Executive Committee and the Secretary to discuss economic, business and social realities. In addition to these General acts as secretary. The Executive Committee met 11 times during organisations, the Assembly also includes individual members who have the 2015-2016 academic year. some sort of special relationship with ESADE – former presidents of the Foundation and of ESADE Alumni, etc. – or who were historically involved Its members were as follows: with the institution. The Assembly participates in various ESADE events and meets on a yearly basis. The annual meeting for the 2015-2016 • Eugenia Bieto, • Jordi Brunat, academic year took place on 1st June 2016. Director General director de la Unidad de Executive Education Organisations • Francisco Longo, Associate Director General • Enrique Verdeguer, • Abertis • Fundació Bancària “la Caixa” Director of ESADE Madrid • Accenture • Fundació Banc Sabadell • Ramon Aspa, • Agrolimen • Fundació Caixa d’Enginyers Corporate Deputy Director General • Enrique López-Viguria, • Alfa Consulting • Fundació Damm Secretary General • Allianz • Fundació Jesús Serra / Grup • Josep Franch, • ARAG Catalana Occident Dean of ESADE Business School • Josep Bisbe, • Aramark • Fundació Puig President of the Faculty • Axis Corporate • Fundación de PwC • Eduardo Berché, • Banc Sabadell • Fundación Repsol Dean of ESADE Law School • Xavier Sanchez, • BBVA • Gas Natural Fenosa Director of ESADE Alumni • CaixaBank • Grup Mémora • Jonathan Wareham, • Cambra Oficial de Comerç, • Grupo Indukern Dean of Faculty and Research Indústria, Serveis i Navegació • Grupo Mahou San Miguel de Barcelona • Grupo Zurich en España • Caprabo • IBM • Ciments Molins • ICL Iberia • Chiesi Espanya • ISS Facility Services • Coca Cola European Partners • KPMG • Colonial • Metalogenia • Danone • Miguel Torres • Deloitte • Nestlé España • Desigual • Penteo • Elecnor • Reig Patrimonia • Esteve • Roca Corporació Empresarial • Everis • Santander • EY • SEAT • Fluidra • SELLBYTEL Group • Freixenet • Unibail-Rodamco

• Fujitsu • Werfen Group GRI: G4 - 7 / 34 DMA LA12 GRI: G4 - 7 / 34 DMA LA12 114 Governing bodies annual report 115

ESADE LAW SCHOOL ESADE PROFESSIONAL ADVISORY BOARD PROFESSIONAL ADVISORY BOARD

Founded in 2004, the Professional Advisory Board is an advisory body that counsels ESADE on economic, business Founded in 1994, the ESADE Law School Professional Advisory Board is and social matters that it considers to be worthy of discussion. Its role is related to ESADE’s raison d’être, the a body that counsels the school on curriculum design from the standpoint basic elements of which are training, research and influencing public opinion. of the professional world. It also assists in the organisation of student internships and the promotion of research.

MEMBERS 2015-2016 Ángeles Delgado Fernando Ruiz During the 2015-2016 academic year, the Professional Advisory Board (as of 2016) President of Deloitte met for a plenary session in April. In keeping with its mission to help Juan Arena General Manager of Fujitsu Iberia ESADE Law School adapt to the demands of the professional world, the Founder and member Carina Szpilka Board discussed the management and operation of the Master in Legal of the Executive Committee Joaquín Uriach Torelló Vice President of the Spanish Practice, which was first introduced four years ago. The Board members of the SERES Foundation President of the Uriach Group Committee for UNICEF were also informed of changes in the management and in ESADE Law and President of the ESADE School’s continuing education programmes. Professional Advisory Board Cristina Garmendia Juan Antonio Zufiria Partner at Ysios Capital Partners General Manager of Global Maite Arango Technology Services at IBM • Abertis Infraestructures • Inspecció de Treball de Vice President of the Board Juan Lladó Europe • Advocacia General de l’Estat Catalunya of Directors of the Vips Group Vice President and CEO a Barcelona • Inspecció de Treball i de la of the Técnicas Reunidas Group • Agència Tributària, Delegació Seguretat Social a Catalunya Anna M. Birulés Representing ESADE: a Barcelona • Jacobs Douwe Egberts President of Alta Business Services Iván Martén • Arasa & De Miquel - Euroforo • Jausas Legal y Tributario Senior Partner, CEO and Global Eugenia Bieto • Baker & McKenzie Abogados • KPMG Abogados Luis Conde Leader of Energy Practice Director General • BDO Abogados • “la Caixa” President of Seeliger y Conde at the Boston Consulting Group • Clifford Chance Abogados • Mango Pedro Navarro • CMS Albiñana & Suárez • Manubens & Asociados Fernando Conte Vicente Moreno Executive Vice President de Lezo • Osborne Clarke President of Parkia President of the Accenture of the ESADE Foundation Board • Col·legi de Notaris de • Pedrosa Lagos Foundation of Trustees Catalunya • PepsiCo Juan Ignacio Entrecanales • Crowe Horwath Legal • Pérez-Llorca Abogados Vice President of Acciona Mónica de Oriol José M. de la Villa y Tributario • Puig President of Seguriber Director of Institutional Relations • Cuatrecasas, Gonçalves • PwC Tax & Legal Pedro Fontana at ESADE and Secretary Pereira • Roca Junyent President of Áreas Ignacio Polanco of the Professional Advisory Board • Danone • Rousaud Costas Duran (until May 2016) • Deganat de Catalunya • SEAT María Garaña Honorary President dels Registradors d’Espanya • Tribunal Arbitral de Barcelona Vice President of the Business of the Prisa Group • Deloitte Abogados • Uría Menéndez Solutions Division for Europe, y Asesores Tributarios • Vialegis Abogados the Middle East and Africa Francisco Román • Escola Judicial at the Microsoft Corporation President • EY (Ernst & Young Abogados) of Vodafone Spain • Fiscalia Superior de Justícia de Catalunya • Font Asesores Fiscales The Professional Advisory Board met twice during the 2015-2016 academic year. The topics discussed were • Garrigues, SLP strategic in nature: • Gas Natural Fenosa • Gómez-Acebo & Pombo • “Should ESADE consider the employability of its graduates to be a key success factor?” Abogados • “Redesigning students’ educational experience: the Student First project” • Grant Thornton

GRI: G4 - 34 / DMA LA12 GRI: G4 - 34 / DMA LA12 • Iberdrola annual report 117 10. ESADE Alumni

60,000 951 The mission of ESADE Alumni is to provide alumni events value to its members, to ESADE, and to society through activities and services aimed at boosting the professional and personal 363 Alumni Giving ESADEBAN, named development of our graduates. Back volunteers Best Private Business Angels Network in Europe THE VALUE WE OFFER

In order to provide more personalised, higher-quality service to ESADE graduates, during the 2015-2016 academic year ESADE Alumni expanded its offering of members-only services focused on continuing education, career development and networking. To cater to our increasingly global alumni network, we also made our range of services more accessible online.

ESADE Alumni’s network of clubs and chapters has a presence on every continent across the globe. This network provides a solid value platform for international alumni that has grown year after year, enabling ESADE’s graduates to maintain close ties to the school.

For the professional development of our alumni, we offer continual support and guidance to entrepreneurs as well as services designed to enhance members’ careers. We also foster solidarity through volunteering projects targeting the third sector.

This year, ESADE Alumni continued to collaborate on the ESADE Challenge for Talent – the school’s fundraising project – through campaigns targeting alumni. 118 esade alumni annual report 119

A GLOBAL NETWORK 39 INTERNATIONAL 12 REGIONAL ENTREPRENEURSHIP CHAPTERS CLUBS • 60,000 alumni The aim of ESADE Alumni Entrepreneurship is to support alumni entrepreneurs through a programme that combines (18,000 living outside of Spain) • Germany • Western Andalusia (Seville) activities, services and funding to help them develop their projects (business plans, financing, counselling, etc.) • • Eastern Andalusia (Granada) and to support private investors through the ESADE BAN network by providing access to investment-friendly • • Aragon business projects, training activities, networking opportunities, and possibilities for co-investment with other • Australia (new) • Asturias network members. • Austria (new) • Balearic Islands • Barcelona International • Canary Islands In 2016, ESADE BAN was named the Best Private Business Angels Network in Europe at the annual conference • Belux • of the European Business Angel Network (EBAN), held in Porto. • Brazil • Galicia • California • Girona • Canada • Lleida SERVICES OF ALUMNI ENTREPRENEURSHIP Last Thursdays • Chicago • Basque Country Five Last Thursdays were held this year. These monthly • Chile • Tarragona • Financial advice (new) events are informal networking sessions where guest • Colombia • Orientation for entrepreneurs entrepreneurs share their experiences. • France • Legal consulting services • Greater China 20 FUNCTION AND SECTOR • Mentoring programme for entrepreneurs Investment forums • Greece (new) SPECIFIC CLUBS • ESADE BAN network of private investors (ESADE BAN, healthcare, cleantech and social impact) • Gulf Region • Investment forums A total of 15 investment forums were held during the • Netherlands • Automotive industry 2015-2016 academic year. These activities – held in • India • Sports Management Barcelona and Madrid – include training for investors • Israel • Law ESADE BAN FIGURES, 2015-2016 led by ESADE faculty and presentations of business • Italy • Digital Business & ICT projects that are seeking funding. Investment forums • Ireland (new) • People Management and • €3.2 million to finance entrepreneurial projects also facilitate the sharing of ideas and networking • Japan Organisation • 29 business projects received funding among professionals. • Mexico • Public Management • 250 business angels belong to ESADE BAN • Miami • Family Business • 425 projects considered by the network Alumni Entrepreneurship Day • New York • Energy and Environment This annual event provides a venue for discussion of • Panama (new) • Jaume Vicens Vives start-ups and the experiences and challenges faced by • Peru • Finance ACTIVITIES entrepreneurs. Various panel discussions, talks and • Poland (new) • Tourism Management networking activities for entrepreneurs are held over the • Portugal • Global Business ESADE Alumni Entrepreneurship organises sessions course of a morning. The aim of these activities is to • Russia (new) • Cultural and Creative Industry that give entrepreneurs and investors an opportunity encourage the sharing of opinions and experiences as • Singapore • Real Estate to share experiences and knowledge so that they can well as the development of new business opportunities. • South Africa (new) • Innovation stay on up-to-date on the latest issues in the sector. The ESADE Alumni-Banc Sabadell Award for Best Start- • Sweden • Marketing Up was presented during Alumni Entrepreneurship Day. • Switzerland • Business and Corporate Social Flash sessions This year’s winners were Josep Coll and Laura Urquizu, • Taiwan Responsibility Eight practical workshops that help entrepreneurs founder and CEO, respectively, of Red Points. • Turkey • Operations improve, promote and implement their business ideas • United Kingdom • Health and Pharma were organised during the 2015-2016 academic year. • Washington • Insurance

* Some chapters and clubs have their own official LinkedIn groups, where they discuss the latest trends and developments in their respective professional sectors or areas of interest. This year, the official groups had a total of 18,863 members. 120 esade alumni annual report 121

CAREER SERVICES ALUMNI GIVING BACK

ESADE Alumni accompanies its members throughout all stages of their careers, not only in times of This project raises awareness among alumni and the wider ESADE • 363 volunteers change. The association organises activities and provides services to guide members and boost their community about different social problems by providing the opportunity • 47 services provided career development. to collaborate on various social initiatives and to participate in reflection to third-sector organisations and social-debate activities. • 10,000 consulting hours provided SERVICES • 70 events attended by 2,017 people ESADE Career Portal Career transition programme This online platform serves as a meeting point for This programme is designed for professionals who are SERVICES ACTIVITIES professionals and companies: transitioning to a new career and/or are looking for expert advice in order to refresh their knowledge of • One-off consultations Film Forum • Recruiters. Companies can post job offers and find a particular sector. Members can participate either • Management consulting This series of socially engaged films is intended as an the profiles of highly qualified professionals in our in person or online. During the 2015-2016 academic • Legal consulting instrument for reflection and social debate. Over the database, which is updated on a daily basis. year, 12 programmes were offered and a total of 117 • Coaching for unemployed alumni course of the year, six Film Forum sessions were held. members participated. • Participation of alumni as entrepreneurial mentors The following films were screened: • Alumni members. Alumni can manage their CVs in the Momentum Project and applications in the hopes of being noticed by • Participation of alumni as mentors in the Top • Bikes vs Cars (2015, Fredrik Gertten) recruiters or finding a job that matches their profile KNOWLEDGE UPDATE ACTIVITIES 100 Innovation 2016 project, organised by the in Spain or abroad. Telefónica Foundation • The Venice Syndrome (2012, Andreas Pichler) • These presentations, seminars and practical • Participation of alumni as senior consultants and Users can now access the platform via the new ESADE workshops provide guidance and training for career tutors in projects in the “Together” programme • Frame by Frame (2015, Alexandria Bombach, Jobs mobile app. development. organised by ESADE’s University Development Mo Scarpelli) Service. Professional guidance • Coffee drop-in sessions. These sessions provide a • Racing Extinction (2015, Louie Psihoyos) During the 2015-2016 academic year, a total of 897 per- venue for sharing experiences on good practices, This year, Alumni Giving Back introduced a new web sonal interviews were carried out in Spain and abroad. discussing strategies and reflecting on the best job- portal that provides information about its projects. • How to Change the World (2015, Jerry Rothwell) search approaches. The site gives a voice to participants in the Alumni Work-related legal advice Giving Back initiatives and serves as a meeting point • Merchants of Doubt (2014, Robert Kenner) A total of 105 consultations were held. Members • Webinars. These online seminars and presentations for alumni and the third sector. received legal advice to address occupational or are designed for alumni who are unable to attend Forum of Trustees and Boards professional situations or conflicts. the face-to-face activities held on the Barcelona and • Third-sector resource centre (online) This is a venue where entities that wish to renew and/ Madrid campuses. or expand their boards of trustees can meet alumni Mentoring programme interested in becoming NGO trustees. From one professional to another, alumni have the • Flash sessions and workshops. These seminars and opportunity to become mentors or mentees in order workshops provide guidance and training for career STATUS REPORT AFTER TEN YEARS to share or receive information and knowledge that can development. be useful for career development. • 1,500 alumni volunteers have worked or are working Activity figures on consulting projects. Mentees can use the ESADE Career Portal to search • 5,578 attendees • More than 6,000 people have attended ESADE for a mentor with an appropriate profile. • 122 sessions Alumni Giving Back activities. • 1,788 subscriptions to receive post-event information • More than 80,000 pro bono consulting hours have This year, 108 mentees and 208 mentors participated (press releases, videos and photos) been donated (valued at €7.5 million). in the mentoring programme. • More than 200 third-sector organisations have benefited from the services of Alumni Giving Back.

122 esade alumni annual report 123

COLLABORATION WITH FACULTY

ESADE faculty actively participate in ESADE Alumni’s continuing education activities by giving presentations at Matins ESADE and Desayunos ESADE and at the events of function- and sector-specific clubs in Spain and other countries.

Their participation in international chapter meetings and their involvement as academic sponsors of function- and sector-specific clubs* help to ensure the quality of alumni events and meetings. A total of 16 faculty members serve as academic sponsors.

Albert Serra Martín ESADE Alumni Public Management Club

Alberto Gimeno Sandig ESADE Alumni Family Business Club

Àngel Castiñeira Fernández ESADE Alumni Vicens Vives Club

Antonio Delgado Planas ESADE Alumni Law Club

Gerard Costa Guix ESADE Alumni Marketing Club

Jaume Hugas Sabater ESADE Alumni Operations Club

Jordi Fabregat Feldsztajn ESADE Alumni Real Estate Club

José María Álvarez de Lara Morel ESADE Alumni Cultural and Creative Industry Club

Josep Lozano Soler ESADE Alumni Vicens Vives Club

Josep Santacreu Bonjoch ESADE Alumni Insurance Club

Joan Massons Rabassa ESADE Alumni Finance Club

Lluís Martínez Ribes ESADE Alumni Sports Management Club

Manuel Peiró Posadas ESADE Alumni Health and Pharma Club

Maria del Mar Vila Fernández-Santacruz ESADE Alumni Tourism Management Club

Ricard Serlavós Serra ESADE Alumni People and Organisation Management Club

Xavier Busquets Carretero ESADE Alumni Digital Business & ICT Club 124 esade alumni annual report 125

MAJOR EVENTS

MATINS ESADE AND DESAYUNOS ESADE

Matins ESADE and Desayunos ESADE are sessions • Vicente Cancio, CEO of Zurich Spain The following faculty members and academic assistants at a meeting infused with the global spirit of the ESADE where alumni learn first-hand over breakfast about • Enrique Lores (MBA ‘93), ‎President of Imaging participated in this activity: Àngel Castiñeira (ADE ‘95), Alumni network. the experiences of entrepreneurs, CEOs, presidents Printing and Solutions at HP David Murillo, Richard Boyatzis, Margarita Martí, Joan and managing directors. A total of 18 sessions were • Enrique Ordieres, President of Cinfa Plans, Juan Rovira, Joaquín Cava (Lic&MBA ‘91), Ignasi At this year’s event, the 2016 ESADE Award for Best organised during the 2015-2016 academic year. • Almudena Román, General Manager of ING Direct Ferrer (Lic&MBA ‘92 / VV 04 / GEMBA ‘09), Xavier Mir, Leadership was presented to Indra K. Nooyi, President Spain Pedro Parada (PhD ‘03), Marcel Planellas (PMD ‘87), and CEO of PepsiCo. Ms. Nooyi gave a talk entitled Desayunos ESADE (Madrid) • Jacinto Roca (Lic&MBA ‘99), founder and CEO of Andreu Puig, Óscar Torres, Gonzalo Bernardos, David “Ever Faster Change”. — 570 attendees Wuaki.tv and Executive Officer at Rakuten Bertomeu, Joan Massons (Lic&MBA ‘66/PhD ‘07), — 6 sessions • Jaime Guardiola (Lic&MBA ‘80), CEO of Banc Jesús Palau (Lic&MBA ‘71), David Vegara, Marco Bertini, Sabadell Franc Carreras, Marc Cortés (MBA ‘99), Oriol Iglesias 9TH ESADE ALUMNI ANNUAL CONFERENCE • José Bogas, CEO of Endesa • Dídac Lee, founder and CEO of Inspirit, co-founder (Lic&MBA ‘98 / PhD ‘06), Enric Barba, Josep Lluís Cano IN MADRID • Luis Gallego, President and CEO of Iberia of Galdana Ventures and Vice President of the FC (Lic&MBA ‘89), Xavier Ferrás (MBA ‘02), Jaume Hugas • Luis Enríquez Nistal, CEO of Vocento Barcelona Foundation (MBA ‘85), José María de Areilza, Miró Ayats, Carlos The ESADE Alumni Annual Conference in Madrid • Luis Conde, President of Amrop Seeliger y Conde Durán (Lic&MBL ‘03 / MAF ‘06), Javier Fontcuberta (EDP focused on the role of big data as a key tool in business • Juan Lladó, Vice President and CEO of Técnicas ‘06), Sergio Llebaría and Francisco Peláez. strategy. Kenneth Cukier, Data Editor at The Economist, Reunidas REFRESHER PROGRAMME gave a talk at the event. • Josep Piqué, Vice President and CEO of the OHL Group To stay up-to-date and on the cutting edge, alumni LECTURE SERIES, FORUMS AND TALKS can attend lectures by ESADE faculty specialised in 2ND INTERNATIONAL MEETING LONDON 2016 Matins ESADE (Barcelona) various fields. This year’s overall attendance figures At our lecture series, forums and talks, a wide range — 1.624 attendees are as follows: of experts engage in debate and share experiences Alumni of various international programmes gathered — 12 sessions related to current-affairs topics. This year, 951 events for ESADE Alumni’s 2nd International Meeting, held in — 3,285 attendees were organised and over 41,000 people attended them. London. The event featured talks by David Vegara, • Jürgen Stackmann, Chair of the Executive Committee — 45 sessions former Spanish Secretary of State for Economic Affairs, of SEAT — 3,074 subscriptions to receive post-event and (Lic&MBA 90), President of City • Iñaki Ereño, CEO of Sanitas information (press releases, videos and photos) 21ST ESADE ALUMNI Football Group. • Josep Piqué, Vice President and CEO of the OHL ANNUAL CONFERENCE IN BARCELONA Group • Marcos Ruao, General Manager of FNAC Spain The Annual Conference is the association’s flagship • Celestino Garcia (AMP ‘14), Corporate Vice event. Former students have the opportunity to network President of Samsung Spain with other alumni, ESADE faculty and other attendees annual report 127 11. Economic information

ESADE aims to achieve a sustainable economic model that will provide us with the necessary capacity to compete in a demanding global environment.

The 2015-2016 academic year was good for ESADE in economic terms. EVOLUTION Our turnover was €99 million – more than 4% higher than the previous OF INCOME year – and growth was concentrated mainly in the ESADE Business School programmes and the Executive Education degrees. Our operating result also increased with respect to the previous year, allowing us to undertake with €99 M optimism various investments in technological infrastructure for academic management and for Student First, currently the most ambitious projects 2015-2016 academic year being undertaken by the institution. €95 M 2014-2015 academic year €87 M

2013-2014 academic year GRI: G4 - 9 / G4 - 17 / G4 - 26 / G4 - DMA / G4 - EC1 GRI: G4 - 9 / 17 26 DMA EC1 128 Economic information annual report 129

INCOME 2015-2016 PROFIT AND LOSS ACCOUNT BALANCE OF ASSETS

€99 M €99 M €74 M Gross income Gross income Non-current assets •€66 M Fixed assets -€9 M •€8 M Investments in group -€9 M Scholarships, aid and discounts and associated companies Scholarships, aid and discounts €90 M €60 M Net income Current assets €90 M • €9 M Receivables Net income -€48 M • €15 M Short-term financial • €11 M, ESADE Law School Personnel costs investments • €41 M, ESADE Business School • €36 M Cash • €35 M, Executive Education -€33 M • €3 M, research General expenses Total assets: €134 M

Fundraising 2015-2016 €9 M €3 M total contributions EBITDA BALANCE OF LIABILITIES

-€6 M €41 M Amortisations Net worth

€3 M €32 M Operating result Foundation fund + reserves

-€2.7 M €0.3 M Financial result Fiscal year result and extraordinary expenses €9 M Final result: €0.3 M Subsidies and donations

€24 M Non-current liabilities

€24 M Long-term creditors

€69 M Current liabilities • €56 M Anticipated payments and income • €13 M Other debt

Total liabilities: €134 M GRI: G4 - 7 / 9 17 26 EC1 Annual report 131 Annexes annex1. Student First: Learning the Future Together Annex 1 Student First: Learning Student First is a project envisaged by ESADE’s 2014-2018 In addition to the pilot subjects, throughout the 2015- the Future together Institutional Strategic Plan. The main priority defined by the 2016 academic year ESADE also promoted expanded Plan is the transformation of our students’ educational experiences – designed to strengthen the project experience. Student First is ESADE’s response to the – which placed students at the centre of their own Annex 2 challenges that globalisation and the digital revolution learning process. This Annual Report are posing for higher education institutions. Today’s interconnected society requires leaders who are competent, • 7 expanded experiences as a GRI’s G4 Reporting responsible and compassionate. Such leaders are created through deep, multidisciplinary, participatory learning that is humanistically enriched and anchored in particular attitudes Support and training in Student First Annex 3 and values. To provide this sort of learning experience, we GRI G4: General and Specific must build advanced technological environments and adapt The ESADE faculty has received intensive support to the learning style of today’s generations. and training in relation to the Student First project. Standard Disclosures These efforts have been coordinated by the Center The Student First approach begins with the flipped- for Educational Innovation (CEI) in collaboration with learning methodology. This means that, before each faculty members. First, CEI team members advised the classroom session, students learn various basic concepts faculty members responsible for the pilot subjects as Annex 4 independently, primarily through multimedia materials a means of supporting them throughout the process United Nations Global that they can consult as many times as necessary. This of transforming their in-class learning dynamics and Compact Principles way, when they enter the classroom, the students are designing multimedia materials. In addition, training prepared to play a central role in their own learning. seminars open to the entire faculty were organised in The main objective is to promote innovative, challenging order to demonstrate the authoring tools that can be learning processes and to give our face-to-face sessions used to develop multimedia content. Finally, Lunch & a unique, unrepeatable value. The methodology includes Teaching sessions provided a venue for sharing teaching high-potential learning activities such as challenges. experiences and provided a first-hand look at flipped- These activities are especially powerful when they raise learning initiatives led by ESADE faculty members. issues that executives and lawyers face today and will continue to face in the near future (e.g. the next three • 26 faculty advisory meetings held face-to-face or years) and address issues related to social responsibility. via teleconference • 10 sessions for sharing Student First–related teaching experiences, attended by 73 people Flipped-learning experiences • 1 workshop on case-based teaching, attended by 9 faculty members During the 2015-2016 academic year – the first • 13 training sessions on how to use authoring tools year of Student First – seven pilot experiences were to create original multimedia learning materials, developed for subjects in various programmes, attended by 31 faculty members representing different areas of knowledge, with the aim of incorporating the flipped-learning methodology into our classrooms. These subjects have been redesigned in two stages: first, creating the multimedia materials required in each case, and second, implementing the new experiences in the classroom.

• 7 subjects piloted using the Student First methodology, with the involvement of 7 teachers and 1,042 students 132 annexes Annual report 133

Revision of content and programmes Project organisation

Student First is more than just a methodological c) Recording experiential videos about Student First– The Student First project is being piloted by a The Management Committee meets once a month transformation; it also entails an ambitious update of related educational experiences implemented Management Committee comprising the Associate to make the necessary decisions to implement the ESADE’s teaching content. The objectives are as follows: gradually by ESADE faculty members. The videos Director General, the Dean of Faculty and Research, the project. The Management Committee reports to the were distributed through the newsletter and are Dean of ESADE Business School, the Dean of ESADE ESADE Executive Committee on a quarterly basis. a) To guarantee in-depth, multidisciplinary learning available on the ESADE website. Law School, the Director of Executive Education, the that is open to different perspectives, develops self- Vice-Dean of Faculty, the Corporate Deputy Director awareness, encourages the search for meaning, and d) Publishing a website, accessible only to members General and the Director of the Center for Educational enables students to perform in environments that of the ESADE community, that contains complete Innovation. The various working groups involved in the are diverse, complex and uncertain. information on Student First. project report to this committee. b) To incorporate the values of ESADE’s educational e) Recording an aspirational video to deliver an innovative project into the learning process. message with an eye on the future.

In order to revise and update the curricula in coordination f) Summarising everything that happened during the with the methodological innovation process, a working first year of Student First in a multimedia booklet. group of nine ESADE faculty members and professionals met three times over the course of the 2015-2016 g) Organising an annual meeting on the topic of Student academic year (once with an expanded group of faculty First. During the first part of the annual gathering members acting as advisors). The group will continue attended by the entire ESADE community on 8th July, its work in the future, focusing primarily on ESADE’s everyone had the chance to experience the new undergraduate programmes. methodology first-hand, as if they were students participating in a Student First class session.

Internal communication 8 newsletters (“Getting Closer to Student First”) were sent - Newsletters read by 40% of recipients, on average Because this was the first year of the Student First - Videos watched 1,178 times project, we needed to explain to the ESADE community what this educational innovation process would entail. 25 experiential videos were recorded We needed to underscore the importance of this - Testimonials by 60 students and 14 faculty members transformation and provide opportunities to share and discuss the steps being taken. Specific communication 1 Student First website was published actions were taken to inform the ESADE community about the progress of the Student First project. These 1 Student First booklet was published actions included the following: a) Designing a logo to identify the actions that were implemented in connection with the project. b) Sending a periodic newsletter (“Getting Closer to Student First”) that served as the main channel for communicating with the ESADE community about the project. Eight issues of the newsletter were sent during the 2015-2016 academic year. The newsletters contained major news about the project, documents of interest, videos of experiences conducted by ESADE faculty members, and a calendar of training sessions related to the new methodology. 134 annexes Annual report 135

ANNEX 2. STAKEHOLDER MAP THIS ANNUAL REPORT AS A GRI’S G4 REPORTING

This Annual Report is prepared annually in keeping with the Global RECRUITERS CORPORATE Reporting Initiative (GRI) framework with a view to contributing to a INTERNAL PROFESSIONAL ACADEMIC PARTNERS ADVISORY sustainable global economy in which organisations responsibly manage COMMUNITY BOARDS their economic, social and environmental performance, as well as their EXTERNAL INTERNATIONAL impact, all through transparent reporting. ACADEMIC ADVISORY COMMUNITY BOARD (IAB)

The GRI G4 criteria stress the importance of focusing on those aspects that are material both to the organisation’s activities and to its main PUBLIC DONORS stakeholders. This approach on materiality means that annual reports AUTHORITIES should focus on those issues that are truly critical to achieving the organisation’s sustainability goals and to managing its social and environmental impact. This ensures that results are strategic and focused. ASSEMBLY MEDIA OF TRUSTEES The G4 Guidelines are a globally relevant framework intended to promote a standardised approach to reporting that encourages the degree of Not prioritised transparency and consistency required to ensure that the information in the preparation process OTHER ALUMNI that markets and society receive is both credible and useful. Engagement prioritised

This GRI G4 Annual Report was drafted with the same process used to URL STUDENTS Note: UNJIES Companies’ and managers’ views prepare the institution’s Strategic Plan. The latter included participation are included through Professional by the main stakeholders and defined the institution’s key priorities and Advisory Boards, IAB, Recruiters, lines of actions. Donors and Alumni.

An additional source of reference were the results of a survey given out To make the stakeholder engagement process as efficient as possible, the during the 2nd Stakeholder Forum held in June 2016 with key stakeholder key information to be obtained from each stakeholder group was defined representatives (trustees, alumni, companies, social organisations, in advance. Shown below are a few examples: students, faculty, PAS staff, employee committee and suppliers). This Forum also served to present the results of the first two years of the 2014- • Ramon Llull University (URL) and Jesuit Universities (UNIJES): 2018 ESADE CSR Master Plan as well as priority projects for the upcoming institutional priorities and relationship with the Spanish Jesuit academic year, including the Student First institutional strategic project. Universities Network. • Professional advisory boards and the International Advisory Board: needs and expectations with regard to the market and best practices. Stakeholder engagement • Alumni: improving alumni identification with ESADE and social outreach. • Recruiters: improving graduates’ employability and job market trends. As part of the strategic planning process, a plan was put together to determine the views of ESADE’s main stakeholders with the aim of better Additionally, a variety of techniques, such as workshops, focus groups understanding the needs, expectations and challenges the institution must and monographic sessions, were used to collect stakeholders’ input and address to achieve its missional goals. Approximately 117 people from the ensure that all of their voices were heard. In these sessions, participants organisation participated in the internal process, which was divided into presented their analyses and views of ESADE’s current reality. They also three stages: analysis, strategy and action plan. The external stakeholders discussed the institution’s competitive standing and those issues subject who took part in the process are shown in the following figure, which to improvement. Finally, the main aspects to be developed were identified. also indicates which stakeholders were prioritised in the definition of the Strategic Plan. In general, stakeholder involvement in the entire process was very positive and highly valued by the institution. GRI: G4 - 18 / G4 - 19 / G4 - 20 / G4 - 21 / G4 - 24 / G4 - 25 / G4 - 26 / G4 - 27 GRI: G4 - 18 / 19 20 21 24 25 26 27 GRI: G4 - 18 / 19 20 21 24 25 26 27 136 annexes memoria resumen 137

Definition of the ANNUAL REPORT’s content

To determine the content to be included in the Annual Report, we considered: first, the issues raised in the 2nd Stakeholder Forum survey; second, our mission, vision and declaration of values; third, the main lines defined in our mission (training, research and social outreach); and, fourth, the basic requirements expected of a higher-education institution at the international level.

The aspects and indicators of the report were determined as a result of the work carried out for the annual reports over the last few years. As a result, the following material aspects were identified:

ECONOMIC ASPECTS: • The institution’s economic information

ENVIRONMENTAL ASPECTS: • Initiatives to improve our environment

LABOUR PRACTICES AND WORK ETHICS: • Employment and labour practices • Development of human capital • Equal opportunity and diversity

HUMAN RIGHTS: • Mission, vision and values • Code of Conduct / Code of Ethics

SOCIETY: • Social outreach and debate • Social action and cooperation

TRAINING, RESEARCH AND JOB PLACEMENT: • Política de becas • Investigación y conocimiento • Experiencia e innovación educativa

In general, the material aspects identified in the process of preparing the Annual Report are fairly similar, both for the internal teams and for the organisation’s external stakeholders. Given that we are an academic institution, our stakeholders evolve over time, with students becoming alumni, as well as executives at contracting and donor companies. This dynamic may in part explain why the material aspects are fairly homogeneous amongst our different stakeholders.

In preparing the Annual Report, we also took into account the 10 Global Compact Principles and the Principles for Responsible Management Education (PRME). GRI: G4 - 18 / G4 - 19 / G4 - 20 / G4 - 21 / G4 - 24 / G4 - 25 / G4 - 26 / G4 - 27 GRI: G4 - 18 / 19 20 21 24 25 26 27 138 annexes Annual report 139

Page External assurance

G4-9 Report the scale of the organisation, indicating: number of employees, number of operations, net sales (for private sector organisations) or net revenues (for public sector organisations), capitalisation in terms of debt and equity (for private sector organisations), and the volume GRI CONTENT INDEX of products or services offered. 8-9, 13, 127-128 — G4-10 a) Number of employees by employment contract and gender. 91 —

b) Number of permanent employees by employment type and gender. 91 —

c) Total workforce by employees and supervised workers and by gender. 91 —

d) Total workforce by region and gender. 91 —

e) Report whether a substantial portion of the organisation’s work is 91 — performed by workers who are legally recognised as self-employed, or by individuals other than employees or supervised workers, such as employees, and employees sub-contracted by contractors. ANNEX 3. GRI G4: GENERAL AND SPECIFIC STANDARD DISCLOSURES

f) Report any significant variations in employment numbers (for example, — GENERAL STANDARD DISCLOSURES seasonal contracts made during tourist season). No changes made

Page External assurance G4 - 11 Percentage of total employees covered by collective bargaining — agreements. 95

STRATEGY AND ANALYSIS G4 - 12 Describe the organisation’s supply chain. The usual chain — found inan academic G4-1 Statement from the most senior decision-maker of the organisation (such as the institution CEO, chair, or equivalent senior position) about the relevance of sustainability to the organisation and the organisation’s strategy for addressing sustainability. 08-09 — G4 - 13 Report any significant changes during the reporting period regarding the There were organisation’s size, structure, ownership or supply chain. no significant ORGANISATIONAL PROFILE changes —

G4-3 Name of the organisation. Cover — G4 - 14 Report whether and how the precautionary approach or principle is Not applicable in an addressed by the organisation. academic institution — G4-4 Primary brands, products and services. 13 —

G4-5 Location of the organisation’s headquarters. Back Cover — G4 - 15 List externally developed economic, environmental and social charters, principles or other initiatives to which the organisation subscribes or which it endorses. 19-20 — G4-6 Report the number of countries where the organisation operates and names of — countries where either the organisation has significant operations or that are specifically relevant to the sustainability topics covered in the report. 95 G4 - 16 List memberships of associations and national or international advocacy organisations in which the organisation holds a position on G4-7 Nature of ownership and legal form. 111-113 — the governance body, participates in projects or committees, provides substantive funding beyond routine membership dues, and views G4-8 Report the markets served (including geographic breakdown, sectors served and — membership as strategic. This list refers primarily to memberships types of customers and beneficiaries). 12, 32, 84-85 maintained at the organisational level. 20, 88 — 140 annexes Annual report 141

Page External Page External assurance assurance

IDENTIFIED MATERIAL ASPECTS AND BOUNDARIES G4 - 26 a) Report the organisation’s approach to stakeholder engagement, including frequency of engagement by type and by stakeholder group, and an indication of whether any of the engagement was undertaken G4 - 17 a) List all entities included in the organisation’s consolidated financial — specifically as part of the report preparation process. Annex 2 — statements or equivalent documents. 127-128 G4 - 27 b) Report key topics and concerns that have been raised through stakeholder engagement, and how the organisation has responded b) Report whether any entity included in the organisation’s consolidated — to those key topics and concerns, including through this report. financial statements or equivalent documents is not covered by Report the stakeholder groups that raised each of the key topics the report. 127-128 and concerns. Annex 2 — G4 - 18 a) Explain the process for defining the content and the aspect boundaries. — REPORT PROFILE Annex 2

b) Explain how the organisation has implemented the reporting principles — G4 - 28 Reporting period. — Cover for defining report content. Annex 2 G4 - 29 Date of most recent previous report. 2014-2015 — G4 - 19 List all the material aspects identified in the process for defining — academic year report content. Annex 2 G4 - 30 Reporting cycle. — Annual G4 - 20 Indicate coverage within the organisation for each material aspect. — Indicate if the aspect is material within the organisation. If the aspect is not material for all entities in the organisation (as described in G4 - 31 Provide the contact point for questions regarding the report or its content. — section G4-17) select one of the following approaches: list the entities Back Cover or groups of entities included in section G4-17 for which the aspect in question is not considered material; or list the entities or groups G4 - 32 a) Record the ‘in accordance’ option the organisation has chosen. of entities included in section G4-17 for which the aspect in question ‘In Accordance’ – Core is considered material. Indicate any specific limitation of coverage for each aspect within the organisation. Annex 2 b) Report the GRI Content Index for the chosen option. G4 — G4 - 21 For each material aspect, report the aspect boundary outside the — organisation. Report whether the aspect is material outside of the organisation. If the aspect is material outside of the organisation, c) Report the reference to the External Assurance Report, if the report There has been no identify the entities, groups of entities or elements for which the aspect has been externally assured. external verification — is material. In addition, describe the geographical location where the aspect is material for the entities identified. Report any specific limitation regarding the aspect boundary outside the organisation. Annex 2 G4 - 33 Describe the organisation’s policy and current practice with regard to seeking external assurance for the report. If not included in the assurance G4 - 22 Report the effect of any restatements of information provided in previous report accompanying the sustainability report, report the scope and basis reports, and the reasons for such restatements. of any external assurance provided. Describe the relationship between Not applicable — the organisation and the assurance providers. Report whether the highest governance body or senior executives are involved in seeking assurance There has been no G4 - 23 Report significant changes from previous reporting periods in the scope for the organisation’s sustainability report. external verification — and aspect boundaries. Not applicable — GOVERNANCE

STAKEHOLDER ENGAGEMENT G4 - 34 Report the governance structure of the organisation, including committees of the highest governance body. Identify any committees responsible for decision-making on economic, environmental and social impacts. 111-115 — G4 - 24 Provide a list of stakeholder groups engaged by the organisation.

Annex 2 — ETHICS AND INTEGRITY

G4 - 25 Report the basis for identification and selection of stakeholders with whom to engage. G4 - 56 Describe the organisation’s values, principles, standards and norms of behaviour, such as codes of conduct and codes of ethics. 19 — Annex 2 — 142 annexes Annual report 143

Material Disclosures on Management Approach Page Omissions External SPECIFIC STANDARD DISCLOSURES - INDICATORS Aspects (G4-DMA) and Indicators assurance

Material Disclosures on Management Approach Page Omissions External Aspects (G4-DMA) and Indicators assurance Employment G4 - LA1 Total number and rates of new employee hires and — — employee turnover by age group, gender and region. 91

CATEGORY: ECONOMY G4 - LA2 Benefits provided to full-time employees that are not — — provided to temporary or part-time employees, by Economic G4 - DMA Disclosures on Management Approach. 127 — — significant locations of operation. 94 Performance

G4 - EC1 Direct economic value generated and distributed. 127-128 — — G4 - LA3 Return to work and retention rates after parental leave, — — by gender. G4 - EC3 Coverage of the organisation’s defined benefit plan — — 94 obligations. 94

Occupational G4 - DMA Disclosures on Management Approach. 94 — — CATEGORY: ENVIRONMENTAL Health and Safety G4 - LA5 Percentage of total workforce represented in formal — — Materials G4 - DMA Disclosures on Management Approach. 22 — — joint management-worker health and safety committees that help monitor and advise on occupational health G4 - EN1 Materials used by weight or volume. 22 — — and safety programmes. 94

Energy G4 - DMA Disclosures on Management Approach. 22 — — G4 - LA6 Type of injury and rates of injury, occupational diseases, — — lost days and absenteeism and total number of work- related fatalities, by region and gender. 94 G4 - EN3 Energy consumption within the organisation. 22 — —

G4 - EN6 Reduction of energy consumption. 22 — — G4 - LA8 Health and safety topics covered in formal agreements with trade unions. 94 — —

Water G4 - DMA Disclosures on Management Approach. 22 — — Training G4 - DMA Disclosures on Management Approach. 93 — — and G4 - EN8 Total water withdrawal by source. 22 — — Education G4 - LA9 Average hours of training per year per employee by Effluents G4 - DMA Disclosures on Management Approach. 22 — — gender and by employee category. and waste 93 — —

G4 - EN23 Weight of total waste according to type and treatment method. 22 — — G4 - LA10 Programmes for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings. Regulation G4 - DMA Disclosures on Management Approach. 22 — — 93

G4 - EN29 Financial value of significant fines and number of non- Diversity G4 - DMA Disclosures on Management Approach. financial sanctions for non-compliance with legislation and Equal 91-92, and environmental regulations. 22 — — Opportunities 111-115 — —

CATEGORY: SOCIAL ACCOMPLISHMENT G4 - LA12 Composition of the governance bodies and breakdown of employees per employee category according to SUBCATEGORY: LABOUR PRACTICES AND WORK ETHIC gender, age group, minority group membership, and other indicators of diversity. 91-92, 111-115 — — Employment G4 - DMA Disclosures on Management Approach. 91 — — 144 annexes Annual report 145

Material Disclosures on Management Approach Page Omissions External ANNEX 4. UNITED NATIONS GLOBAL COMPACT PRINCIPLES Aspects (G4-DMA) and Indicators assurance

Principles Related points Page in the Annual Report SUBCATEGORY: SOCIETY 1 Businesses should support and respect the protection • Employee access to training – ESADE Training of internationally proclaimed human rights within their • Mission and vision 93 Local G4 - DMA Disclosures on Management Approach. 22-24 — — sphere of influence. • Statement of values 17 Communities • Social action and co-operation 17 • Orientation plan 22-23 G4 - SO1 Percentage of centres with implemented development — — • Collaboration with Global Compact and PRME 17 programmes, impact assessments and local community • The ESADE Challenge for Talent 17 engagement. 22-24 101

SUBCATEGORY: RESPONSIBILITY ON PRODUCTS 2 Business should make sure that their initiatives are • Projects under the SR-E Master Plan 19-21 not complicit in human rights abuses. • Transparency and accountability 24 • “Big Challenges” social debate forums 24 Product and G4 - DMA Disclosures on Management Approach. 40 — — Service 3 Businesses should uphold the freedom of • Collective bargaining agreement and Staff Committee 94 Labelling association and the effective recognition of the • “Dialogues” and “Meetings” 93 G4 - PR5 Results of surveys measuring customer satisfaction. 40 — — right to collective bargaining. • Communications in ESADE 93 • Annual Labor Relations Forum 63

4 Businesses should uphold the elimination of all forms • Work-life balance 94 of forced and compulsory labour. • Employee benefits 94 • Hosting plan 94

5 Businesses should uphold the elimination abolition Given the type of activity carried out by the institution, of child labour. there is no risk of child labour. By endorsing the Global Compact’s ten prin- ciples, ESADE clearly expresses its commitment to the eradication of child labour.

6 Businesses should uphold the elimination of • SR-E Master Plan 19-21 discrimination in respect of employment and • Mission, values and vision 17 occupation.

7 Businesses should support a precautionary approach • Actions to reduce energy consumption 22 to environmental challenges. • Initiatives to reduce the environmental impact 22 • campaign “Avoid plastic, avoid waste” 22 • Initiatives to promote and improve digital mobility 96

8 Businesses should undertake initiatives to promote • Awareness Campaigns 22 greater environmental responsibility. • Measurements on the evolution of energy consumption 22 • Annual Conference of the Institute of Social Innovation 65 • Annual Global Energy Meeting 62

9 Businesses should encourage the development and • Development of technological platforms to promote diffusion of environmentally friendly technologies. work online and in network (new repository system for research activity - FacultyBio, webminars, adaptation mobile devices ...) 96 • ESADE Social Research Mission 55

10 Businesses should work against corruption in all its By adhering to the 10 principles of the Global Compact, forms, including extortion and bribery. ESADE shows its explicit and public rejection against corruption and extortion. Printing: Ferré & Solé Serveis Gràfics Ferré &SoléServeis Printing: Photographs: MiquelCollandtheESADE photoarchive Graphic design:Vänster andLei/www.vansterandlei.com Legal deposit:B-7917-2010 trees fromsustainablymanagedforests. mentally-friendly paperproducedusing This document is printed on environ- [email protected] improvement, kindlycontact: have any commentsorsuggestionsfor the greatestpossiblecare.Shouldyou was preparedwithutmostrigourand make thisprojectareality. Thereport whohelpedto grateful toeveryone is and preparingthisAnnualReport The teamresponsibleforcoordinating ACKNOWLEDGEMENT

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BACKCOVER GRI: G4 - 5 / G4 - 31 BARCELONA · PEDRALBES CAMPUS Av. Pedralbes, 60-62 08034 Barcelona (Spain) Tel. 34 932 806 162 Fax. 34 932 048 105

BARCELONA · SANT CUGAT CAMPUS Av. Torre Blanca, 59 08172 Sant Cugat del Vallès Barcelona (Spain) Tel. 34 932 806 162 Fax. 34 932 048 105

MADRID CAMPUS C. Mateo Inurria, 25-27 28036 Madrid (Spain) Tel. 34 913 579 714 Fax. 34 917 030 062

Through training, research and social debate, ESADE works to inspire“the futures” of people with the potential to become competent professionals in business and law, as well as socially responsible citizens.

www.esade.edu