ESSEC 3 avenue Bernard-Hirsch CS 50105 95021 Cergy-Pontoise Cedex Tél. +33 (0)1 34 43 30 00 www.essec.edu

ESSEC Executive Education CNIT BP 230 92053 -La Défense France Tél. +33 (0)1 46 92 49 00 www.executive-education.essec.edu

ESSEC Asie-Pacifi que 5 Nepal Park 139408 Tél. +65 6884 9780 ANNUAIRE DE LA RECHERCHE/ RESEARCH YEARBOOK 2018 www.essec.edu/asia

ESSEC | CPE Registration number 200511927D Period of registration: 30 June 2017 - 29 June 2023 Committee of Private Education (CPE) is part of SkillsFuture Singapore (SSG)

ESSEC Afrique Plage des Nations - Golf City Route de Kénitra - Sidi Bouknadel (-Salé) Maroc Tél. +212 (0)5 37 82 40 00 www.essec.edu

Le contenu présenté dans cette brochure est indicatif et peut être sujet à modifi cations, il n’est pas contractuel. CENTRE DE RECHERCHE RESEARCH CENTER

ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 INTERNATIONAL RANKINGS BUSINESS #7 #3 #5 #8 EDUCATION 2019 European Master in Master in Executive Business School Finance Education ESSEC Programs SINESS SCHOO

THE IONEERIN SIRIT Key fi gures

ESSEC is a graduate school with ESSEC is a school with French Roots programs ranging from Bachelor that trains responsible leaders. to PhD, a wide range of Masters Being a responsible leader means programs including our fl agship Master being able to see beyond business in Management and Global MBA as usual. Responsible leaders are programs. ESSEC also o ers executive able to value long-term benefi ts education and custom training over short-term profi ts; they are able 6O,OOO 6,66O designed and developed on-demand to blend corporate performance graduates worldwide students in full-time undergraduate for our partners from the private with employees’ well-being. To and graduate programs sector. ESSEC holds the “Triple crown” prepare its students for the world of of accreditations for global business tomorrow, ESSEC’s pedagogy seeks education: EQUIS, AACSB and AMBA. to awaken and develop creative and critical thinking, together with 4 +1 34% 1O2 Vincenzo Esposito Vinzi At the core of the ESSEC learning the learning-by-doing method. campuses in augmented international nationalities Dean and President experience is a combination of Responsible leaders are those who Cergy, Paris-La Défense, digital students represented of ESSEC Business School excellence and distinctiveness. can see the broader picture. Singapore and Rabat campus ESSEC’s unique educational model is based on education by experiences, ESSEC is a full ecosystem at the that foster the acquisition of crossroad of rigorous and relevant partner universities CREATED IN 19O7, ESSEC cutting-edge knowledge with the research, innovation, business and in 45 countries +1oo development of know-how and life society. At ESSEC we believe in 218 student organizations BUSINESS SCHOOL TODAY skills. At ESSEC, we aim to empower bringing research and companies into students and give them the keys the classroom, we also believe that IS A WORLD-SCHOOL WITH to imagine, create, lead and have a learning doesn’t end with a degree: degrees awarded each year, FRENCH ROOTS. ITS PURPOSE positive impact in the business world learning at ESSEC means becoming 2,OOO including 1,600 at graduate level of tomorrow that will be more complex a life-long learner and joining a IS TO GIVE MEANING TO THE and changing ever more rapidly. close-knit community of more than LEADERSHIP OF TOMORROW 60,000 Alumni all across the globe. ESSEC is a world-school. Our AND HAVE A GLOBAL IMPACT. International campuses in Asia-Pacifi c and Africa are dual gateways that allow students to really immerse themselves into di erent cultures learning and research chairs worldwide and develop genuine 3O expertise about business in those regions. They allow our school to build 5,OOO deeper alliances with academic, private programs managers in executive education and public partners in those regions (26 international, 6 national) that are growing at an accelerated 32 pace and will be leaders of economic growth in tomorrow’s world. ESSEC has built a network of alliances with +5oo academic partners worldwide so permanent faculty of 37 nationalities partner companies in education that its students’ learning journey including 21 emeriti professors and recruitment is a true international one. 163 INTERNATIONAL RANKINGS BUSINESS #7 #3 #5 #8 EDUCATION 2019 European Master in Master in Executive Business School Management Finance Education ESSEC Programs SINESS SCHOO

THE IONEERIN SIRIT Key fi gures

ESSEC is a graduate school with ESSEC is a school with French Roots programs ranging from Bachelor that trains responsible leaders. to PhD, a wide range of Masters Being a responsible leader means programs including our fl agship Master being able to see beyond business in Management and Global MBA as usual. Responsible leaders are programs. ESSEC also o ers executive able to value long-term benefi ts education and custom training over short-term profi ts; they are able 6O,OOO 6,66O designed and developed on-demand to blend corporate performance graduates worldwide students in full-time undergraduate for our partners from the private with employees’ well-being. To and graduate programs sector. ESSEC holds the “Triple crown” prepare its students for the world of of accreditations for global business tomorrow, ESSEC’s pedagogy seeks education: EQUIS, AACSB and AMBA. to awaken and develop creative and critical thinking, together with 4 +1 34% 1O2 Vincenzo Esposito Vinzi At the core of the ESSEC learning the learning-by-doing method. campuses in augmented international nationalities Dean and President experience is a combination of Responsible leaders are those who Cergy, Paris-La Défense, digital students represented of ESSEC Business School excellence and distinctiveness. can see the broader picture. Singapore and Rabat campus ESSEC’s unique educational model is based on education by experiences, ESSEC is a full ecosystem at the that foster the acquisition of crossroad of rigorous and relevant partner universities CREATED IN 19O7, ESSEC cutting-edge knowledge with the research, innovation, business and in 45 countries +1oo development of know-how and life society. At ESSEC we believe in 218 student organizations BUSINESS SCHOOL TODAY skills. At ESSEC, we aim to empower bringing research and companies into students and give them the keys the classroom, we also believe that IS A WORLD-SCHOOL WITH to imagine, create, lead and have a learning doesn’t end with a degree: degrees awarded each year, FRENCH ROOTS. ITS PURPOSE positive impact in the business world learning at ESSEC means becoming 2,OOO including 1,600 at graduate level of tomorrow that will be more complex a life-long learner and joining a IS TO GIVE MEANING TO THE and changing ever more rapidly. close-knit community of more than LEADERSHIP OF TOMORROW 60,000 Alumni all across the globe. ESSEC is a world-school. Our AND HAVE A GLOBAL IMPACT. International campuses in Asia-Pacifi c and Africa are dual gateways that allow students to really immerse themselves into di erent cultures learning and research chairs worldwide and develop genuine 3O expertise about business in those regions. They allow our school to build 5,OOO deeper alliances with academic, private double degree programs managers in executive education and public partners in those regions (26 international, 6 national) that are growing at an accelerated 32 pace and will be leaders of economic growth in tomorrow’s world. ESSEC has built a network of alliances with +5oo academic partners worldwide so permanent faculty of 37 nationalities partner companies in education that its students’ learning journey including 21 emeriti professors and recruitment is a true international one. 163

SOMMAIRE/ CONTENTS

Le Centre de Recherche du Groupe ESSEC

Publications du corps professoral en 2018

Comptabilité-contrôle de gestion/Accounting & Management Control 9

Droit & environnement de l’entreprise/Public & Private Policy 27

Économie/Economics 43

Finance/Finance 55

Hors Département/Miscellaneous 65

Management/Management 69

Marketing/Marketing 95

Management des opérations/Operations management 103

Systèmes d’information, sciences de la décision et statistiques/ Information Systems, Decision Sciences And Statistics 113

Liste des membres du corps professoral permanent/Permanent Faculty Members 133

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 5 6 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 CENTRE DE RECHERCHE RESEARCH CENTER

C’est avec un grand plaisir que toute l’équipe du Centre de Recherche vous présente son Annuaire. Celui-ci It is with great pleasure that the ESSEC Research répertorie toutes les publications faites par le corps Center team presents its Yearbook. The yearbook professoral de l’ESSEC pendant l’année 2018 dans des contains all the publications made by the Faculty ouvrages et des revues scientifiques et professionnelles, of ESSEC during 2018 in academic and professional ainsi que les communications présentées dans des books and journals, as well as communications in congrès scientifiques nationaux et internationaux. national and international scientific conferences.

La production de contenu intellectuel original et de The production of original intellectual content is a qualité est une mission clé pour un établissement key mission of a higher education institution such as d’enseignement supérieur comme l’ESSEC. La création ESSEC. The creation of knowledge is the first step in de connaissances constitue la première étape d’un Cercle a virtuous circle. Through research, faculty members Vertueux. Par le biais de la recherche, les professeurs create new knowledge, leading to courses and training créent de nouvelles connaissances, qui mènent à materials that are sharp, relevant, and up-to-date. The des cours pointus, avec des matériels pédagogiques school’s reputation attracts good students, who will actuels et pertinents. La réputation de l’école comme obtain good placements and will make their mark on lieu de réflexion et d’expertise attire de bons élèves civil society. Over time, the institution builds expertise, et de nouveaux enseignants chercheurs. Les bons credibility, and reputation, all essential attributes to élèves décrocheront de bons emplois et imprimeront find the resources necessary to fund new research. leur marque sur la société civile. Au fil du temps, l’institution construit de l’expertise, de la crédibilité et The mission of the ESSEC Research Center is to de la réputation, attributs essentiels pour trouver les support and coordinate the research efforts of ressources nécessaires pour financer la recherche. our faculty members, and help them imagine, present, discuss and implement their research La mission du Centre de Recherche est de soutenir ideas. We work every day towards this purpose. et coordonner les efforts de recherche des professeurs, et de les aider à imaginer, présenter, It is therefore with pride that we present to you all of discuter et mettre en œuvre ces idées. C’est our publications. Their quality reflects our guiding pour cela que nous œuvrons tous les jours. principles of academic excellence, international ambition, and a commitment to diversity. C’est donc avec fierté que nous présentons l’ensemble de nos publications, qui reflètent nos principes Wishing you happy reading, stratégiques d’excellence académique, d’ambition internationale, et d’engagement dans la diversité. José-Miguel Gaspar, Associate Dean for Research En vous souhaitant bonne lecture,

José-Miguel Gaspar, Directeur du Centre de Recherche

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 7

Comptabilité-contrôle de gestion Accounting & Management Control

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 9

Ouvrage/Book considering organization as ‘organizing process’ rather than more static

‘organizational structure’. Pragmatism is a LORINO P. major source of inspiration for these Pragmatism and Organization critical streams and provide them with a Studies [EGOS Book Award 2019] sound theoretical basis. It stresses the Oxford University Press: Oxford (UK), importance of living experience and the 2018, 384 p. limits of rational abstract models. The Ce livre montre l’actualité et la pertinence book presents the key pragmatists du pragmatisme pour le monde du concepts, illustrates them through management et des organisations. Il concrete examples inspired by the field présente les concepts pragmatistes clés experience of the author and examines et les illustre à travers des exemples their relevance nowadays, in the era of concrets inspirés de l’expérience de artificial intelligence and Big Data. M l’auteur. La vision dominante de Mots-clés : Abduction - Communauté - l’organisation la conçoit comme structure Enquête - Habitude - Médiation de traitement de l’information, fondée sur sémiotique - Pragmatisme - Processus - des représentations rationnelles qui Processus organisant – Valuation véhiculent une forme de vérité sur l’action Keywords: Abduction - Community - collective. De nombreux courants de Habit - Inquiry - Organizing - Pragmatism recherche ont montré que cette - Process - Semiotic Mediation – approche rationaliste sous-estime la Valuation nature complexe, mouvante et incertaine des phénomènes organisationnels, et Direction d'ouvrage prônent une approche plus dynamique et collectif/Edited book relationnelle, qui voit l’organisation comme processus d’exploration et d’expérimentation toujours en LORINO P. mouvement. Ces courants trouvent dans (MITEV N., MORGAN-THOMAS A., le pragmatisme une source d’inspiration LORINO P., DE VAUJANY F-X., NAMA Y.) majeure et un fondement théorique. Le Materiality and Managerial pragmatisme souligne l’importance de l’expérience vivante et les limites des Techniques modèles rationnels abstraits, critique Palgrave Macmillan: London (UK), 2018, essentielle à l’ère de l’intelligence 414 p. artificielle et du Big Data. This edited book examines the This book applies pragmatists ideas to relationship between the materiality of organizational and managerial issues and artefacts and managerial techniques, shows their topicality and relevance for combining the recent scholarly interest their study. The mainstream views on on socio-materiality with a focus on organization characterize it as an management. Exploring managerial information processing structure, techniques, the social and material tools controlled through rational used by actors to guide or facilitate representations that convey some form collective activities, topics include their of truth. Many streams of research have socio-materiality, performative criticized this rationalist approach, shown dimension, role in managerial control, that it underestimates the complex, relationship to organisational space and moving and uncertain nature of relationship to organisational legitimacy. organizational phenomena and favor This volume particularly explores the instead a processual perspective, valuation and legitimation practices or processes involving managerial

10 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

techniques, their modalities, specificities to enter into the minutiae of organization and involvement in collective activity and work. It emphasizes the doings, the within organisations. The overall aim of daily interactions between actors, and the the chapters is to explore in different relationship between their work and approaches and instances the way in organizational field level. Mobilizing data which material artefacts are able to collected through authors’ long-standing inscribe and enforce managerial action research projects on creative haute which affects daily work practices. cuisine restaurants, this research inductively builds upon reflexive Participation à des ouvrages interpretation to unveil three dynamics of directing practices: enabling, as collectifs/Book chapters configuring the creative space to set the conditions of creative work; orientating, CHRISTENSEN M. as managing creative work to keep abounded and focused; and complying, Financial Reporting as assessing ideas to select those that fit. in: Global Encyclopedia of Public Administration, Public Policy, and Governance LORINO P. Farazmand A. (ed.) Conclusion: What Next, What For? Springer: 2018 in: Materiality and Managerial In this entry, the following issues are Techniques considered in their public sector contexts: Mitev N., Morgan-Thomas A., Lorino P., purposes and boundaries of financial De Vaujany F-X., Nama Y. (eds.) reporting, relationships with other Palgrave Macmillan: London (UK), 2018, aspects of the accounting function, the chap. 15, pp. 381-388 performativity of financial reporting, and The book suggests studying the material recent trends in public sector financial and temporal dimension of valuation reporting. processes rather than “values” as Keywords: (Loose) Annual Reporting - objective or subjective entities, and to External Accounting - Financial Reporting trace flows, transformations, and organizations in the making. The tacit or GOMEZ M.-L. explicit hypotheses about social action involved in valuation processes can (BOUTY I., GOMEZ M.-L., STIERAND M.) become the relevant subject matter of The Creative Leadership Practices social controversies and exploratory of Haute Cuisine Chefs inquiries. Emphasizing the reflective role In: Creative Leadership. Contexts and of actors provides an antidote against Prospects technocratic views of managerial Mainemelis C., Epitropaki O., Kark R. techniques and practices. Valuation, (eds.) instrumented with managerial techniques, Routledge: New York (USA), 2018, is not a process situated outside of chap. 9, pp. 156-170 activity, the process of representing This chapter aims at detailing directing activity from an observer’s position, but practices contributing to creative rather an integral dimension of activity leadership and identifying what creative itself. The key debate is not about “true leaders actually do to enhance team or wrong” representation, but rather creativity and materialize the leader’s about practical relevance, immediate and creative vision through the organization’s enduring effects. outcomes. This research relies on a practice-based approach, which allows it

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 11

Keywords: Inquiry - Management ZICARI A. Techniques - Reflexivity - Valuation - (ZICARI A., RENOUARD C.) Values - Work Activity A Forgotten Issue? The Absence of Corporate Tax Issues in the CSR LORINO P. Debate Organizing, Management Tools and in: The Critical State of Social Practices Responsibility in Europe in: Materiality and Managerial Tench R., Jones B., Sun W. (eds.) Techniques Emerald: Bingley (UK), 2018, chap. 13, Mitev N., Morgan-Thomas A., Lorino P., pp. 243-259 De Vaujany F-X., Nama Y. (eds.) This article intends to explore the Palgrave Macmillan: London (UK), 2018, emerging concept of Fiscal Responsibility chap. 9, pp. 221-246 (FR). There is an on-going debate about The chapter examines the different what companies are responsible for, and theoretical frameworks used to explore the reasons and the limits for this the relationship between management responsibility. And while the social tools and organizational practices. It is awareness for this issue increases, it is suggested that they all adopt one of two not clear whether corporate tax dealings main theoretical options: they either can be articulated into the wider realm of assign to management tools a status of Corporate Social Responsibility (CSR). representation of activity, in the Keywords: CSR - Fiscal Responsibility – cognitivist sense, or a status of social Taxation mediation, in a semiotic perspective. Concerning management systems, the Articles dans des revues/Journal category of ‘textility’ proposed by Tim articles Ingold may be more adequate than the category of materiality. Textility is a particular interweaving of purposeful CHRISTENSEN M. movements, through which meaning- (CHRISTENSEN M., GREILING D., making social groups fabricate situations CHRISTIAENS J.) as ‘material’ situations. The chapter Governmental Accounting illustrates this using a case study concerning the management of Practitioners: Cardigan Removed, experience feedback in the nuclear Research Agenda Revealed industry. Management tools are not Accounting, Auditing & Accountability already formed things, but materials to Journal, vol. 31, n° 4, 2018, pp. 1026- construct new forms. 1044 Keywords: Experience Feedback - The purpose of this paper is to encourage Management Tools - Nuclear Industry - research implicating public sector Practice - Representation - Semiotic accounting practitioners. It overviews Mediation - Textility articles in the AAAJ Forum arising from the Comparative International Governmental Accounting Research (CIGAR) Network conference in 2015 in which practitioners’ doings were themes across numerous papers. The paper’s central objective is to scope out an agenda for future research in the area. Using the CIGAR presentations and papers reviewed for this AAAJ Forum, a

12 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

desk-based study informed by these on management accounting and control sources and others has been conducted. and business ethics that has been Aspects of public sector accounting- published in the Journal of Business practitioners’ doings hold promise in Ethics. Through this review, we intend to themselves whilst also being likely to bring to the forefront a research topic complement and enrich other themes of that has been widely neglected in public sector accounting research. Those broader literature reviews on accounting aspects give rise to analytical frames, ethics research and that has been which may overlap and/or reinforce other covered by a small number of articles aspects. Those analytical frames are: first, published by traditional leading examining networking between accounting journals only. Our systematic practitioners; second, identifying literature review is guided by a implications of the professionalisation theoretical framework that integrates the project for public sector accounting decision-facilitating and decision- practitioners; third, analysing public influencing roles of management sector accounting practitioners’ accounting and control information and responses to the rise of external experts; the stages of the ethical decision-making and, fourth, exploring how public sector process. Through this theoretical lens, we accounting practitioners interact with analyze 64 management accounting and forces that shape the accounting craft. control articles published in the Journal The four articles published here variously of Business Ethics over more than three address several parts of these themes. In decades. Synthesizing and structuring scoping out a future research agenda, this research, we discuss prior this paper justifies greater attention accomplishments and elaborate on being paid to the four themes noted in its avenues for future research. findings. In each of these research fields, Keywords: Budgeting - Controller - Ethics an interdisciplinary approach is - Journal of Business Ethics - important. Management Accountant - Management Keywords: Expert System - Network Accounting - Management Control Analysis - Practitioners - Professional System - Performance Measurement Accountancy Organisation - Professions - System Public Sector ENDENICH C. ENDENICH C. (ENDENICH C., TRAPP R.) (ENDENICH C., TRAPP R.) Signaling Effects of Scholarly Ethical Implications of Profiles - the Editorial Teams of Management Accounting and North American Accounting Control: A Systematic Review of the Association Journals Contributions from the Journal of Critical Perspectives on Accounting, Business Ethics vol. 51, 2018, pp. 4-23 Journal of Business Ethics, 2018, This paper provides a longitudinal doi: 10.1007/s10551-018-4034-8 analysis of the editorial teams of Management accounting and control Contemporary Accounting Research seeks to provide information that (CAR) and The Accounting Review (TAR) substantiates decision-making at all firm with regard to the subject areas and levels and thus may also foster ethical research methods as well as the doctoral decision-making. Against this degree schools represented by their background, this article presents a members. From a signaling theory systematic literature review of research perspective, we consider the scholarly

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 13

profiles of the editorial team members a manipulate their accounts by examining powerful signal that the journals send to those listed in Hong Kong, commonly the academic community concerning the known as P-chips. We find systematic types of research preferred for evidence that P-chips engage in more publication. earnings management and other corporate misbehaviors than their counterparts in Hong Kong. We posit and ENDENICH C. provide evidence consistent with cross- (ENDENICH C., TRAPP R.) jurisdictional enforcement difficulty as a Rejoinder: Toward an Overarching possible explanation to P-chips' Signaling Framework - the Editorial questionable practice, and discuss its Teams of North American implications. Accounting Association Journals Keywords: China's Private Sector - Corporate Malfeasance - Enforcement Critical Perspectives on Accounting, Difficulty - P-chips vol. 51, March 2018, pp. 84-86 This article intends to contribute to the longstanding debate about the role that JENY A. leading accounting journals and their (FAFF R., SHAOB X., ALQAHTANI F., senior editors play in the construction of ATIF M., BIALEK-JAWORSKA A., CHEN the potentially increasing homogeneity of A., DUPPATI G., ESCOBAR M., FINTA M., accounting research. More precisely, we JENY A. et al) develop an overarching signaling framework that considers multiple signals Pitching Non-English Language sent by the different actors involved in Research: A Dual-Language the production and dissemination of Application of the Pitching academic accounting knowledge. Research Framework Accounting and Management FILIP A., LUI D. Information Systems, vol. 17, n° 2, 2018, pp. 266-290 (FILIP A., HUANG Z., LUI D.) The global language of scholarly research Cross-Listing and Corporate is English and so the obstacle of getting Malfeasance: Evidence from P-Chip noticed is mountainous when the article is Firms not written in the English language. Journal of Corporate Finance, 2018, Indeed, despite rapid advances in doi: 10.1016/j.jcorpfin.2017.07.003 technology, the “tyranny of language” The rapid growth of the private sector in creates a segmentation inhibiting China in recent decades has created a scholarly research and innovation large number of capital-hungry private generally. Mass translation of non-English sector firms. An increasing number of language articles is neither feasible nor these firms choose to raise equity capital desirable. Our paper proposes a strategy on international exchanges, which for remedying this segmentation – such typically have stronger disclosure, that, the work of non-English language corporate governance, and investor scholars become more discoverable. The protection regulations. In light of core piece of this strategy is a “reverse- international investors' and regulators' engineering” [RE] application of Faff’s concerns about the corporate finance (2015, 2017a) “pitching research” practice of China's private sector firms, template. More specifically, we provide particularly regarding the integrity of access to translated versions of the their reported earnings, we investigate “cued” template across thirty-three whether these firms aggressively different languages, and most notably for

14 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

this journal, including the Romanian and LECA B. French languages. Further, we showcase (KERN A., LAGUECIR A., LECA B.) an illustrative dual language French- Behind Smoke and Mirrors: A English example. Keywords: Afrikaan - Arabic - Bengali - Political Approach to Decoupling Chinese - Danish - Discoverability - Dutch Organization Studies, vol. 39, n° 4, 2018, - Filipino - Finnish - French - German - pp. 543-564 Greek - Hebrew - Hindi - Indonesian - In this paper, we examine neglected Italian - Japanese - Khmer - Korean - Lao dimensions of decoupling - i.e., its power - Myanmar - Non-English Language and political aspects. We draw on an Research empirical study of the reaction of two hospital subunits and an external agency

(the Regional Health Agency) to a policy KOH P.-S. implementation, to contribute to the (KOH P.-S., REEB D. M., ZHOU W.) recent renewed interest in decoupling. CEO Confidence and Unreported We first reconsider the distinction R&D between internal and external actors by Management Science, vol. 64, n° 12, investigating how they interact in their 2018, pp. 5725-5747 responses to the new policy implementation. While observing We investigate whether managerial traits different forms of decoupling, we show influence corporate decisions to provide how power and politics allow us to mandatory financial disclosures. The understand how these forms are results indicate that firms with confident articulated and related. Furthermore, we chief executive officers (CEOs) are 24% highlight that contexts characterized by more likely to report their research and institutional complexity are particularly development (R&D) expenditures relative propitious for decoupling. Finally, we to firms with cautious CEOs. Exploiting outline that how actors use logics to staggered, state-level regulatory shocks justify their claims might differ and changes in CEO type, we find significantly from how they enact those substantial evidence that cautious CEO logics. More broadly, this paper firms fail to report R&D expenditures. contributes by bringing back power and After a plausibly exogenous shock to politics into the analysis of institutional managerial reporting liability, cautious processes. CEO firms exhibit a 35% larger reduction Keywords: Agency - Decoupling - in unreported R&D relative to confident Healthcare Management - Institutional CEO firms. Interestingly, confident CEO Theory - Power Dependance Theory firms do not exhibit more innovation than their cautious CEO counterparts after taking into account their differing LINDER S., ENDENICH C. propensities to report corporate R&D. (ZOR U., LINDER S., ENDENICH C.) Overall, our analysis suggests that the precision or reliability of mandatory CEO Characteristics and Budgeting disclosures systematically varies with Practices in Emerging Market SMEs managerial characteristics. Journal of Small Business Management, Keywords: Corporate Opacity - 2018, doi: 10.1111/jsbm.12438 Innovation - Mandatory Disclosure - Small and medium-sized enterprises Missing R&D - Overconfident CEOs (SMEs) play an important role in the gross national product and employment

in most emerging markets. However, little is known about their budgeting practices and, in particular, about the role of CEO

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 15

characteristics for the adoption and l’identification du management comme extent of budget use. Drawing on a broad fonction de contrôle, et l’organisation sample of manufacturing firms from conçue comme système d’action Turkey, we shed light on the role of CEO collective, vision cohérente avec characteristics for the adoption and l’identification du management comme extent of use of formal budgets. fonction de support méthodologique aux Keywords: Budgeting - Strategic Choice enquêtes menées réflexivement par les Theory - Upper Echelons Theory équipes opérationnelles sur leur propre activité. Le concept de représentation

rationnelle, représentation de l’action LINDER S. (taylorisme) ou représentation de la (FOSS N. J., LINDER S.) pensée sur l’action (cognitivisme, Herbert Microfoundations of Organizational Simon), est au cœur du premier Goals: A Review and New Directions paradigme. Au cœur du second se trouve for Future Research le concept d’enquête, issu de la International Journal of Management philosophie pragmatiste, développé dans Reviews, vol. 20, n° S1, 2018, pp. S39-S62 le monde de l’entreprise par le mouvement du management de la Organizational goals are central in Qualité et mettant l’accent sur deux management theory, yet our règles : toute amélioration understanding of their antecedents, organisationnelle est expérimentale et il formation and dynamics, and n’y a pas de substitut abstrait à consequences contains many gaps, in l’expérience directe de l’activité. particular concerning the Two organizational paradigms are microfoundations of how goals are historically competing: the organization formed and changed and through which as an information processor, coherent they may affect individual and with the identification of management as organizational performance. We distill a a control function, and organization as a number of key themes in the extant system of collective action, coherent with literature, use the microfoundations the identification of management as the perspective to isolate research gaps, and heuristic support of the reflexive inquiries suggest a microfoundational framework conducted by operational teams on their for future research on organizational own activity. The concept of rational goals. We discuss the theories that are representation, representation of action particularly promising with respect to (Taylorism) or representation of thought furthering such research on about action (cognitivism, Herbert organizational goals. Simon) is at the heart of the first Keywords: Aspirations - Individual Goals - paradigm. At the heart of the second Microfoundations - Objectives - paradigm we find the concept of inquiry, Organizational Goals - Targets stemming from the pragmatist philosophy and developed in the business LORINO P. world by the Quality management Le management de l'action movement, emphasizing two rules: any organizational improvement is complexe : contrôler ou explorer ? experimental and there is no substitute Projectics / Proyectica / Projectique, for the direct experience of activity. vol. 2018, n° 19, 2018, pp. 13-22 Mots-clés : Complexité - Contrôle - Deux paradigmes organisationnels sont Enquête - Gestion de la qualité - historiquement concurrents : Management - Organisation - l’organisation conçue comme processeur Pragmatisme - Représentation d’information, vision cohérente avec

16 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Keywords: Complexity - Control - Inquiry a result of either reflexive distancing or - Management - Organization - an encounter with objective Pragmatism - Quality Management – circumstances, leading to discontinuity in Representation the habitus. Keywords: Habitus - Professional Parents

- Professional Service Firms - LUPU I. Socialization - Upbringing - Work-Family (LUPU I., SPENCE C., EMPSON L.) Decisions - Working Parents When the Past Comes Back to Haunt You: The Enduring Influence RICHARD C. of Upbringing on the Work–Family (JIANG L., ANDRE P., RICHARD C.) Decisions of Professional Parents An International Study of Internal Human Relations, vol. 71, n° 2, 2018, pp. 155-181 Audit Function Quality Accounting and Business Research, Prior research generally presents work– family decisions as an individual’s rational vol. 48, n° 3, 2018, pp. 264-298 choice between alternatives, We investigate organisational and downplaying the crucial role that environmental factors that influence upbringing plays in shaping work and firms’ incentives to develop high-quality parenting decisions. This article internal audit functions (IAFs) by using a emphasizes how habitus – historically unique international sample formed by constituted and embodied dispositions – matching proprietary data from a global structures perceptions about what is internal auditor survey with public data ‘right’ and ‘normal’ for working mothers obtained from Worldscope. Concerning and fathers. This relational approach organisational factors, we find that a explores how the entrenched dispositions positive relationship exists between IAF of individuals interact dynamically with quality and firm complexity and confirm contextual imperatives to influence that complex firms have a higher demand professionals’ work–family decisions. for monitoring and advising and, Drawing on 148 interviews with 78 male therefore, a greater need for formal and female professionals, our study looks controls. In addition, IAF quality is at much deeper rooted causes of work– positively related to board monitoring family conflict in professional service and audit committee diligence but firms than have hitherto been considered. negatively associated with CEO power, We show how dispositions embodied which suggests that IAF quality is during one’s upbringing can largely influenced by other key players in transcend time and space. These corporate governance. Regarding dispositions hold a powerful sway over environmental factors, we document that individuals and may continue to structure IAF quality is positively associated with action even when professionals exhibit a industry competition, which implies that a desire to act differently. In turn, this firm’s incentive for a high-quality IAF is implies that the impediments to greater enhanced when confronted with greater equality lie not only in organizational and environmental uncertainty. Furthermore, societal structures, but within individuals IAF quality has a significantly positive themselves in the form of dispositions relationship with our self-constructed and categories of perception that index of IAF requirements included in contribute towards the maintenance and national corporate governance codes, reproduction of those sctures. which indicates that strong home-country Additionally, in a more limited number of corporate governance codes play a role cases, we show how dispositions adapt as in fostering IAF development.

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 17

Keywords: CBOK 2010 - Corporate ZICARI A. Governance - Internal Audit Function - (BROCCARDO L., TRUANT E., ZICARI A.) Internal Audit Quality Internal Corporate Sustainability Drivers: What Evidence from Family RICHARD C. Firms? A Literature Review and (JEDIDI I., RICHARD C.) Research Agenda Le travail de démarcation des Corporate Social Responsibility and auditeurs : une histoire française Environmental Management, vol. 26, de l'"expectation gap" n° 1, 2018, pp. 1-18 Comptabilité Contrôle Audit, vol. 24, n° 3, Despite the many studies on corporate 2018, pp. 39-66 sustainability, few have analyzed the Nous nous intéressons dans cette specific case of the family business. recherche à l’histoire de l’« expectation Family firms have certain characteristics gap » en France. Concevoir that make them different from nonfamily l’« expectation gap » comme un objet de firms, making it valuable to analyze discours nous amène à nous interroger whether these peculiarities are also sur le processus qui a conduit à reflected in their attitude toward l’émergence de la notion dans le discours sustainability. Specifically, the de la profession d’audit en France. La determinants of the sustainability méthode d’investigation repose sur concept in family firms are unclear. Given 163 articles publiés entre 1966 et 2007 the importance of family businesses in dans 5 revues comptables most , this paper will professionnelles et sur 9 entretiens contribute to filling this gap, depicting réalisés auprès de commissaires aux through a literature review the main comptes. L’« expectation gap » est determinants that can affect the analysé dans notre recherche comme l’un sustainability approach of the family firm. des éléments du travail de démarcation The systematic review was carried out mis en œuvre par les commissaires aux through a documented process to comptes pour préserver leur autonomie guarantee its replicability. The findings professionnelle. show that drivers do not have a This research examines the of the homogenous impact on sustainability audit expectation gap in France. initiatives due to the distinctiveness of Conceiving the expectation gap as an these types of firms. This review object of discourse prompts us to wonder contributes by systematizing the existing about the process that has led to the literature on such topics, identifying emergence of the concept in the future research avenues, and providing discourse of the French audit profession. several stimuli for researchers. We use a methodological approach Mots-clés : Entreprise familiale - Revue de based on the analysis of 163 articles littérature - RSE published in 5 French professional Keywords: CSR - Family-owned Firms - accounting journals and 9 interviews with Literature Review experts. The expectation gap is analysed in our research as a kind of boundary work mobilized by auditors in order to preserve their professional autonomy. Mots-clés : Commissariat aux comptes - Expectation gap - Travail de démarcation Keywords: Boundary work - Expectation gap - Financial audit

18 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Communications publiées dans des one of the possible techniques to manage actes de conférence/Articles earnings (revenue manipulation, expense published in conference management etc.). If not, then the synthetic measure of EM from LVM is proceedings sometimes outranked a DAM but the outsider is not constant over the range of FILIP A., JEANJEAN T. the possible techniques to manage earnings. (FILIP A., JEANJEAN T., Taken as a whole, these results give MARMOUSEZ S.) support the use of LVM to better evaluate Earnings Management: EM. Measurement and Mismeasurement Communications présentées dans in: Proceedings of the 41st European des conférences/Conference Accounting Association (EAA) Annual presentations Congress 2018 Milan : Milan (Italy), 30 May- 1 June 2018 CASARIN V. Earnings management (EM) literature Calculative Frames, Performance heavily relies on discretionary accruals models (henceforth, DAM). Since the Measurement and the Multiple mid-90’s, reliability and validity of the Values of Innovation: The Case of most common DAM (i.e.: Healy, Technology Incubation in the DeAngelo, Jones, Jones modified, margin United Kingdom models) has been extensively Business School: investigated. Especially, Dechow et al. Edinburgh (UK), 12th Interdisciplinary (1995) show that all DAM are not Perspectives on Accounting (IPA) powerful in detecting EM of economically Conference, 11-13 July 2018 plausible magnitude. This paper investigates the opportunity to use latent variable modeling (LVM) CASARIN V. techniques to measure earnings Performance Measurement and the management. A latent variable is a Making of Innovation as an variable that cannot be directly measured, but only approximated by Economic Actor: The Agencements indicators. The basic idea is to consider of Technology Transfer and each DAM as an indicator of a latent Technology Incubation in the UK variable called «earnings management». Copenhagen Business School: The rationale for using LVM is twofold. Copenhagen (Denmark), 11th Workshop First, it should help the researcher to on Management Accounting as Social and mitigate the measurement error issue of Organizational Practice (MASOP), 12 April DAM by using multiple indicators to 2018 tackle the underlying phenomena (EM). Second, it allows to develop a synthetic measure of EM based on existing DAM. CAVÉLIUS F., ENDENICH C., By using simulations and empirical data ZICARI A. (consolidated data of 2000 French firm- L'impact de la digitalisation sur le years), we show that the use of a rôle du contrôleur de gestion synthetic measure of EM from LVM is more efficient to detect EM than the use IAE Nantes: Nantes (France), of any DAM if managers use more than 39ème Congrès de l'Association

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 19

Francophone de Comptabilité, 16-17 May ELEMES A. 2018 Big 4 Affiliation, Tax Expertise, and CHRISTENSEN M. the Art of Avoiding Taxes: Do the Australia, Asia-Pacific Big 4 Practice what they Preach? Developments in Comparative American Taxation Association (ATA): International Governmental New Orleans (U.S.A.), 30th Annual Accounting Research American Taxation Association (ATA) Midyear Meeting, 15 February 2018 University of Zagreb: Zagreb (Croatia), 14th Comparative International Governmental Accounting (CIGAR) ELEMES A. Workshop, 5-6 July 2018 Big 4 Office Political Connections and Client Restatements CHRISTENSEN M. Cultural Foundation of Tinos: Tinos (BRUNS H.-J., CHRISTENSEN M., (Greece), 2018 Conference on Research PILKINGSTON A.) on Economic Theory and Econometrics, The Intellectual Heritage(s) of 13 July 2018 Public Sector Accounting Research: Stepping Back When Going Forward ELEMES A. National University of Singapore: Do the Big 4 Practice What They Singapour (Singapore), Public Preach? Big 4 Affiliation and Tax Management Research Conference, Planning Optimization 31 May 2018 : Maastricht (Netherlands), 24th Annual International CHRISTENSEN M. Symposium on Audit Research (ISAR), (CHRISTENSEN M., ROCHER S.) 7 June 2018 & The Persistence of the Beancounter European Institute for Advanced Studies Image of Accountants in Popular in Management (EIASM): Maiori (Italy), Culture: An Analysis in European 7th Workshop on Audit Quality, French Language Comics 28 September 2018 University of Edinburgh Business School: Edinburgh (UK), 12th Interdisciplinary ENDENICH C. Perspectives on Accounting (IPA) Conference, 11-13 July 2018 (HAHN R., REIMSBACH.D., WICKERT C., ENDENICH C.) What Explains the "Dormant" Stage ELEMES A. of Management Ideas? The Case of Big 4 Affiliation, Tax Expertise, and Integrated Reporting the Art of Avoiding Taxes Bocconi University: Milan (Italy), 41st Bocconi University: Milan (Italy), 41st European Accounting Association (EAA) European Accounting Association (EAA) Annual Congress, 30 May-1 June 2018 Annual Congress, 30 May-1 June 2018 & American Accounting Association (AAA): Washington D.C. (U.S.A.), 2018 American Accounting Association Annual Meeting, 4-8 August 2018

20 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

JEANJEAN T. FILIP A. Non-IFRSJEANJEAN Earnings T. Disclosure and (FILIPFILIP A.,A. GHIO A., PAUGAM L.) IncomeNon-IFRS Statement Earnings DisaggregationDisclosure and Accounting(FILIP A., GHIO Information A., PAUGAM in L.) AssociationIncome Statement Francophone Disaggregation de InnovationAccounting Small Information and Medium in AssociationComptabilité Francophone (AFC): Nantes de (France), EntitiesInnovation Small and Medium Comptabilité39ème Congrès (AFC): de l'Association Nantes (France), SydneyEntities (Australia), 2018, 13th IAAER 39èmeFrancophone Congrès de de Comptabilité l'Association 2018, SydneyWorld Congress (Australia), of Accounting2018, 13th IAAER Educators Francophone16 May 2018 de Comptabilité 2018, Worldand Researchers, Congress of 8 AccountingNovember 2018 Educators 16 May 2018 and& Researchers, 8 November 2018 JEANJEAN T. &Stockholm School of Economics: JEANJEAN T. Stockholm School(Sweden), of Economics: 14th Workshop on Non-IFRS Earnings: To Be or Not to StockholmEuropean Financial (Sweden), Reporting 14th Workshop (EUFIN), on BeNon-IFRS a Disclosing Earnings: Firm? To Be or Not to European30-31 August Financial 2018 Reporting (EUFIN), BocconiBe a Disclosing University: Firm? Milan (Italy), 30-31 August 2018 Bocconi41st European University: Accounting Milan (Italy), Association (EAA) Annual Congress, 30 May-1 June 41st European Accounting Association FILIP A. (EAA)2018 Annual Congress, 30 May-1 June FILIP A. (FILIP A., LOBO G., PAUGAM L.) 2018 Enforcement(FILIP A., LOBO and G., PAUGAM Cash Flow L.) JENY A. ManagementEnforcement andto Delay Cash GoodwillFlow OverlapsJENY A. Between Auditors' and ImpairmentsManagement underto Delay IFRS Goodwill Clients'Overlaps Corporate Between Auditors'Charitable and ImpairmentsAmerican Accounting under Association IFRS (AAA): Clients' Corporate Charitable AmericanLong Beach, Accounting CA (U.S.A.), Association American (AAA): Donations, Audit Pricing and Audit LongAccounting Beach, Association CA (U.S.A.), (AAA) American 2018 QualityDonations, Audit Pricing and Audit AccountingInternational Association Accounting (AAA) Section 2018 Midyear QualityEuropean Institute for Advanced Studies InternationalMeeting, 18-20 Accounting January 2018 Section Midyear Europeanin Management Institute (EIASM): for Advanced Naples (Italy),Studies Meeting, 18-20 January 2018 in7th Management Workshop on (EIASM): Audit Quality, Naples (Italy), 7th28 September Workshop 2018on Audit Quality, FILIP A., LUI D. 28 September 2018 (FILIPFILIP A.,A., LUI LUI D., D.MULYA A. D.)

College-Firm(FILIP A., LUI D., Distance MULYA A.and D.) Earnings JENY A. ManagementCollege-Firm Distance and Earnings OverlapsJENY A. Between Auditors’ and ManagementBocconi University: Milan (Italy), 2018, Clients’Overlaps Corporate Between Auditors’Charitable and Bocconi41st European University: Accounting Milan (Italy), Association 2018, Donations,Clients’ Corporate Audit Pricing Charitable and Audit 41st(EAA) European Annual Congress,Accounting 30 Association May-1 June QualityDonations, Audit Pricing and Audit (EAA)2018 Annual Congress, 30 May-1 June QualityInternational Association for Accounting 2018 InternationalEducation and Association Research (IAAER):for Accounting Sydney GOMEZ M.-L. Education(Australia), and 13th Research IAAER World (IAAER): Congress Sydney (Australia),of Accounting 13th Educators IAAER World and Congress (GOMEZGOMEZ M-L., M.-L. BOUTY I ., STIERAND M.) ofResearchers, Accounting 8 EducatorsNovember and 2018 Oui(GOMEZ chef! M-L., Directing BOUTY forI ., STIERANDCreativity M.) in Researchers, 8 November 2018 HauteOui chef! Cuisine Directing for Creativity in

UniversityHaute Cuisine of Iceland: Reykjavik (Iceland), UniversityEuropean Academyof Iceland: of Reykjavik Management (Iceland), European(EURAM) AnnualAcademy Conference, of Management 19-22 June (EURAM)2018 Annual Conference, 19-22 June 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 21

JENY A. LECA B. What Impact Will the Digital Looking Inward: Analyzing the have on Accounting? The Visual Dimension of Management Challenge of Intangible Accouting Tools Assets'Recognition Bocconi University: Milan (Italy), Anglo American University: Prague 41st European Accounting Association (Czech Republic), IFRS: Global Rules & (EAA) Annual Congress, 30 May-1 June Local Use, 11-12 October 2018 2018

JENY A., SANTACREU- LECA B. VASUT E. (LAGUECIR A., LECA B.) Corporate Social Responsability, Strategies of Visibility in Translation and Language: The Contemporary Surveillance Case of Gender in the Big Four Settings: Insights from Misconduct Bocconi University: Milan (Italy), Concealment in Financial Markets 41st European Accounting Association University of Edinburgh: Edinburgh (UK), (EAA) Annual Congress, 30 May-1 June 12th Interdisciplinary Perspectives on 2018 Accounting (IPA) Conference, 11-13 July 2018

JENY A., SANTACREU- LECA B., RICHARD C. VASUT E. (LAMBERT D., LECA B., RICHARD C.) Language and Gender in the Audit Contested Director Elections as Profession: Evidence from a Big Celebrity Contests: Developing Four Diversity Reporting Accross Competing Discursive Strategies to Countries Court Investor Votes University of Edinburgh Business School: London School of Economics: London Edinburgh (UK), 12th Interdisciplinary (UK), 4th FRASOP Workshop 2018, Perspectives on Accounting (IPA) 14-15 December 2018 Conference 2018, 11-13 July 2018

LECA B., RICHARD C. KOH P.-S (LAMBERT D., LECA B., RICHARD C.) (KOH P-S., REEB D., SOLJI E., THAM W.) Contested Director Elections as Measuring Innovation Around the Celebrity Contests: Developing World Competing Discursive Strategies to Accounting and Finance Association of Australia and New Zealand (AFAANZ): Influence Voting Decisions of Auckland (New Zealand), 2018 AFAANZ Investors Annual Conference, 1-3 July 2018 European Group for Organizational Studies (EGOS): Tallinn (Estonia),

34th EGOS Colloquium, 5-7 July 2018

22 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

LINDER S. AutonomyLINDER S. and Leadership Support LORINO P. asAutonomy Antecedents and Leadershipto Support (LORINOLORINO P., P.TRICARD B.) Intrapreneurship:as Antecedents to Illustrating the How(LORINO Organizational P., TRICARD B.)Artifacts Create ValueIntrapreneurship: and Validity Illustrating of Vignette the InertiaHow Organizational While Accelerating Artifacts Activity: Create ExperimentsValue and Validity for Research of Vignette on AnInertia Apparent While ParadoxAccelerating in the Activity: OrganizationalExperiments for Adaptation Research on ConstructionAn Apparent ParadoxIndustry, in and the OrganizationalUniversity of Iceland: Adaptation Reykjavik (Iceland), beyond…Construction Industry, and UniversityEuropean Academyof Iceland: of Reykjavik Management (Iceland), Processbeyond… Symposium (PROS): Halkidiki EuropeanAnnual Confernce Academy (EURAM), of Management 19-22 June Process(Greece), Symposium 10th International (PROS): Process Halkidiki Annual2018 Confernce (EURAM), 19-22 June (Greece),Symposium 10th (PROS), International 20 June Process 2018 2018 Symposium (PROS), 20 June 2018 LINDER S. LORINO P. (LINDERLINDER S., S. SAX J.) (LORINOLORINO P., P.TRICARD B.) Navigating(LINDER S., SAX Stormy J.) Seas: Another Plots,(LORINO Temporal P., TRICARD Bifurcations B.) and LookNavigating at the StormyInterplay Seas: of Middle Another Events:Plots, Temporal Organizing Bifurcations as an Aesthetic and ManagerLook at the Involvement Interplay of and Middle Formal Experience.Events: Organizing Shaping as the an Shapeless.Aesthetic PlanningManager Involvement and Formal Experience.European Group Shaping for Organizational the Shapeless. BocconiPlanning University: Milan (Italy), EuropeanStudies (EGOS): Group Tallinfor Organizational (Estonia), Bocconi41st European University: Accounting Milan (Italy), Association Studies34th EGOS (EGOS): Colloquium, Tallin (Estonia), 5-7 July 2018 41st(EAA) European Annual Congress,Accounting 30 Association May-1 June 34th EGOS Colloquium, 5-7 July 2018 (EAA)2018 Annual Congress, 30 May-1 June LUI D. 2018 (ANDREICOVICILUI D. I., JENY A., LUI D.) LINDER S. The(ANDREICOVICI Effect of Disclosure I., JENY A., LUI D.) (KHAJEHNEJADLINDER S. S., LINDER S.) TransparencyThe Effect of Disclosure on Disagreement The(KHAJEHNEJAD Effect of Status S., LINDER and InternalS.) AmongTransparency Economic on Disagreement Agents: The Case ReportingThe Effect Transparencyof Status and Internalon ofAmong Goodwill Economic Impairment Agents: The Case PerformanceReporting Transparency Misreporting on Britishof Goodwill Accounting Impairment and Finance EuropeanPerformance Institute Misreporting for Advanced Studies BritishAssociation Accounting (BAFA): and Londres Finance (UK), British Europeanin Management Institute (EIASM): for Advanced Bruxelles Studies AssociationAccounting and(BAFA): Finance Londres Association (UK), British in(Belgium), Management 11th Conference (EIASM): Bruxelles on New Accounting(BAFA) Annual and Conference,Finance Association 10-11 April (Belgium),Directions in11th Management Conference Accounting,on New (BAFA)2018 Annual Conference, 10-11 April Directions12-14 December in Management 2018 Accounting, 2018 12-14 December 2018 LUPU I. LORINO P. (LUPULUPU I., I. ROKKA J.) FromLORINO Representationalism P. to The(LUPU Cycle I., ROKKA of Business: J.) How PragmatismFrom Representationalism in Work Meaning- to ProfessionalsThe Cycle of Business: Get Addicted How to the MakingPragmatism and Resilience: in Work Meaning- The Case of TimeflowProfessionals of Busines Get Addicted to the ConstructionMaking and Resilience: Sites The Case of TimeflowProcess Symposium of Busines (PROS): Halkidiki ConstructionIAE Business School: Sites Buenos Aires Process(Greece), Symposium 10th International (PROS): Process Halkidiki IAE(Argentina), Business 2018, School: 7th Buenos LAEMOS Aires (Greece),Symposium 10th (PROS), International 20-23 JuneProcess 2018 (Argentina),Colloquium (Latin 2018, American7th LAEMOS and Symposium (PROS), 20-23 June 2018 ColloquiumEuropean Organization (Latin American Studies), and 21 March European2018 Organization Studies), 21 March 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 23

LUPU I. LUPU(LUPU I., I. ROKKA J.) RICHARD C. (LUPUThe Cycle I., ROKKA of Busyness: J.) How RICHARD(HUMPHREY C.,C. RICHARD C., TheProfessionals Cycle of Busyness: Get Addicted How to the (HUMPHREYSAMSONOVA-TADDEI C., RICHARD A., TURLEYC., S.) ProfessionalsTimeflow of Busyness Get Addicted to the SAMSONOVA-TADDEIAudit Profession's Knowledge A., TURLEY BaseS.) TimeflowUniversity ofof Warwick: Busyness Coventry (UK), Auditand the Profession's Sustainability Knowledge of Audit: Base An University2018 Summer of Warwick: School Practice-Based Coventry (UK), andExploratory the Sustainability Study of Auditors of Audit: in An 2018Studies, Summer 16-19 SchoolJuly 2018 Practice-Based ExploratoryEurope Study of Auditors in Studies,& 16-19 July 2018 EuropeBocconi University: Milan (Italy), &Academy of Management (AOM): Bocconi41st European University: Accounting Milan (Italy), Association AcademyChicago (U.S.A.), of Management 78th Annual (AOM): Meeting of 41st(EAA) European Annual AccountingCongress, 30 Association May-1 June Chicagothe Academy (U.S.A.), of Management, 78th Annual Meeting of (EAA)2018 Annual Congress, 30 May-1 June the10-14 Academy August 2018of Management, 2018 10-14 August 2018

RICHARD C. LUPU I. RICHARD(HUMPHREY C.,C. RICHARD C., LUPU(LUPU I., I. STENGER S.) (HUMPHREYSAMSONOVA-TADDEI C., RICHARD A., TURLEYC., S.) (LUPU“We All I., Have STENGER Better S.) Things to Do SAMSONOVA-TADDEIAudit Profession's Knowledge A., TURLEY BaseS.) “We All Have Better Things to Do Than Do Audit Work". Accepting Auditand the Profession's Sustainability Knowledge of Audit: Base An Than Do Audit Work". Accepting Compromises in Audit Work: An andExploratory the Sustainability Study of Auditors of Audit: in An Compromises in Audit Work: An Ethnography of Junior Auditors in ExploratoryEurope Study of Auditors in Ethnography of Junior Auditors in Big 4 Firms EuropeUniversity of Edinburgh Business School: BigUniversity 4 Firms of Edinburgh Business School: UniversityEdinburgh of (UK), Edinburgh 12th Interdisciplinary Business School: UniversityEdinburgh of (UK), Edinburgh 12th Interdisciplinary Business School: EdinburghPerspectives (UK), on Accounting12th Interdisciplinary (IPA) EdinburghPerspectives (UK), on Accounting12th Interdisciplinary (IPA) PerspectivesConference 2018, on Accounting 11-13 July 2018 (IPA) PerspectivesConference 2018, on Accounting 11-13 July 2018 (IPA) Conference 2018, 11-13 July 2018 Conference 2018, 11-13 July 2018 ZICARI A.

MORARU-ARFIRE A. ZICARI(ZICARI A., A. PERERA ALDAMA L.) MORARU-ARFIRE(DUBOIS M., GRIGALIUNIENE A. Z., (ZICARIBuilding A., from PERERA Scratch: ALDAMA the L.)Creation (DUBOISMORARU-ARFIRE M., GRIGALIUNIENE A.) Z., Buildingof a Regional from SocialScratch: Reporting the Creation MORARU-ARFIRE A.) Decomposing Analysts' Earnings ofStandard a Regional Social Reporting Decomposing Analysts' Earnings Forecast Errors: What Are the Key StandardCongress on Social and Environmental ForecastFactors? Errors: What Are the Key CongressAccounting on Research Social and and Environmental Emerging Factors?ESSEC Business School: La Défense AccountingScholars Colloquium Research (CSEAR): and Emerging Saint ESSEC(France), Business ESSEC-HEC School: 6th La Joint Défense ScholarsAndrews Colloquium (UK), 30th International(CSEAR): Saint (France),Workshop ESSEC-HEC in Accounting, 6th Joint28 June 2018 AndrewsCongress (UK), on Social 30th and International Environmental Workshop in Accounting, 28 June 2018 CongressAccounting on Research Social and and Environmental Emerging AccountingScholars Colloquium, Research 28-30and Emerging August 2018 RAMIREZ C. Scholars Colloquium, 28-30 August 2018 RAMIREZ(RAMIREZ C., C. DI FABIO C.) (RAMIREZCui Bono: C.,A BourdieusianDI FABIO C.) ZICARI A. CuiPerspective Bono: A Bourdieusianon the European ZICARIOn the Use A. and Development of PerspectiveAccounting onField the European OnManagement the Use and Ideas Development in the South of AccountingDoshisha University: Field Kyoto (Japan), 2018 ManagementIAE Business School: Ideas Pilar in the(Argentina), South DoshishaAnnual conference University: of Kyoto the Society (Japan), for 2018 the IAE7th BusinessLatin American School: and Pilar European (Argentina), AnnualAdvancement conference of Socio-Economics of the Society for the 7thOrganization Latin American Studies and (LAEMOS) European Advancement(SASE), 23-25 ofJune Socio-Economics 2018 OrganizationColloquium, 22-24 Studies March (LAEMOS) 2018 (SASE), 23-25 June 2018 Colloquium, 22-24 March 2018

24 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

LECA B. Participations à des comités de LECAM@n@gement B. lecture/EditorialParticipations à desBoard comités de OrganizationM@n@gement Studies membershipslecture/Editorial Board Organization Studies memberships LORINO P. LORINOFinance Contrôle P. Stratégie FILIP A. GérerFinance et ContrôleComprendre Stratégie FILIPAccounting A. Forum OrganizationGérer et Comprendre Studies Accounting Forumin Europe RevueOrganization Française Studies de Gestion InternationalAccounting in Journal Europe of Accounting Revue Française de Gestion JournalInternational of Accounting Journal of and Accounting Management RAMIREZ C. InformationJournal of Accounting Systems and Management RAMIREZCritical Perspectives C. on Accounting Information Systems EuropeanCritical Perspectives Accounting on Review Accounting GOMEZ M.-L. European Accounting Review GOMEZM@n@gement M.-L. RICHARD C. M@n@gement RICHARDAccounting in C.Europe JEANJEAN T. Accounting in Europe JEANJEANAccounting Forum T.

Accounting Forumin Europe ZICARI A. ComptabilitéAccounting in Contrôle Europe Audit ZICARIManagement A. Decision ContemporaryComptabilité Contrôle Accounting Audit Research Management Decision EuropeanContemporary Accounting Accounting Review Research InternationalEuropean Accounting Journal ofReview Accounting International Journal of Accounting JENY A. JENYAccounting A. in Europe ComptabilitéAccounting in Contrôle Europe Audit Comptabilité Contrôle Audit

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 25

Droit & environnement d’entreprise Public & Private Policy

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 27

Ouvrages/Books NOISETTE P., VALLERUGO F. Le marketing urbain, Tome 1 : DE BEAUFORT V. theories et methodes Guide de l'AdministrateurE 2018- Éditions de l'Aube: La Tout d'Aigues 2019 Partie pratique (2e édition) (France), 2018, 225 p. Cet ouvrage propose de rappeler un PWN Paris: Paris (France), 2018 certain nombre de principes théoriques et Six ans après la première édition opérationnels qui fondent la solidité du d’Administrateur(e) au Féminin, alors que concept de marketing urbain. le rôle de l’entreprise est débattu, This work suggests a number of encourager des femmes qualifiées à theoretical and operational principles mettre leurs talents au service d’une which establish the solidity of the gouvernance durable et efficiente pour concept of urban marketing. les organisations dans les Conseils. Mots-clés : Marketing - Méthode - Théorie Avant-première numérique pour - Ville accompagner une démarche de Keywords: City - Marketing - Methods – recherche de mandats. La partie 2 Theory juridique interviendra ultérieurement en fonction des modifications liées à la loi PACTE. Direction d'ouvrages Six years after the 1st edition of the Guide collectifs/Edited books "Administrateur(e) au Féminin", while corporate governance is in evolution, even revolution with the notion of DE BEAUFORT V. common interest and social impact, we Le Lamy contrats internationaux - would like to continue to encourage Etude 100 qualified women to move on boards. This Wolters Kluwer: (France) 2018, 132 p. part is the 1st part of the new Guide. The Présentation des différents types second one will complete it after the d’accords internationaux et du cadre PACTE Act. institutionnel des échanges internationaux - Cadre multilatéral: OMC, DELGA J. OCDE, OIT, G20, G7 – Le Marché de l'Union européenne - La multiplication Almanach Droit et Sexualités des accords de libre-échange bilatéraux - MA Editions-ESKA: Paris (France), 2018, Presentation of the Institutional 492 p. Framework for International Trade - D'une grande actualité, cet ouvrage, Multilateral Framework: WTO, OECD, ILO, présenté sous la forme d'un almanach, G20, G7 and Rules of the European Union s'intéresse aux questions liées à la Market. sexualité, aux sexualités diverses, à leur Mots-clés : Commerce international - traitement par le droit, aux interactions Marché de l'Union Européenne - qui peuvent exister. Des comparaisons Multilatéral - OMC entre la France et d'autres pays Keywords: EU market - Multilateral - apportent, le cas échéant, un éclairage Trade - WTO sur les évolutions importantes passées ou en cours. L’ouvrage, qui concerne des disciplines transversales, n'est pas réservé DELGA J. qu'aux experts, aux juristes ou aux Face à la mort sexologues. Il s'adresse à tout public. MA Editions-ESKA: Paris (France), 2018,

28 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Face à la mort est un ouvrage collectif Participation à des ouvrages d’actualité à caractère pluridisciplinaire. collectifs/Book chapters Son originalité résulte de la variété des disciplines auxquelles appartiennent les auteurs et qui offre autant de points de BOUTHINON-DUMAS H. vue différents sur les expériences de mort (KIRAT T., BOUTHINON-DUMAS H., imminente (EMI), sur la fin de vie, la MARTY F., REZAEE A.) souffrance, la résilience, ou le suicide. Une perspective d'économie Qu’il soit professeur d’université, spécialiste du management et du deuil, institutionnelle du droit sur les avocat, neurologue, médecin légiste, accords de composition psychologue, essayiste, philosophe, administrative de l'Autorité des juriste, inspecteur général de la police, marchés financiers ancien sous-directeur de la DST, in: Droit bancaire et financier : Mélange journaliste, conférencier ou encore AEDBF VII critique d’art, chaque auteur fait part de Daigre J.-J., Bréhier B. (eds.) son ressenti sur la mort, à partir de son RB Edition: Paris (France), 2018, chap. 22, expérience, nourrissant notre propre pp. 309-326 réflexion sur cette question fascinante. Ce chapitre présente la procédure de composition administrative et examine NAPPI I. ses avantages et ses inconvénients comparativement à la procédure (NAPPI I., DESPOND D.) ordinaire de sanction par la commission Territoires intelligents : un modèle des sanctions de l'AMF pour les acteurs si smart ? de l'industrie financière poursuivis. Les éditions de l'Aube: La Tour-d'Aigues When financial industry actors are (France), 2018, 321 p. prosecuted by the French Financial Cet ouvrage croise les approches de Authority (AMF), they can choose an spécialistes les plus divers. Et se alternative procedure. This paper demande comment on intègre à cette analyses the choice from an institutional nouvelle pensée de la ville « smart » les Law & Economics perspective. intérêts spécifiques, et souvent Mots-clés : AMF - Composition divergents, des entreprises, des acteurs administrative - Sanctions politiques et des habitants. Comment Keywords: French Securities Regulatory dépasse-t-on les modèles "clés en main" Authority - Penalties pour prendre en compte les besoins des populations ? Un livre savant, bien utile à qui veut penser la ville. COLSON A. Ebola : complexité d'une crise

sanitaire devenant une crise globale in: Complexité et organisations : faire face aux défis de demain Morin E., Bibard L. (eds.) Eyrolles: Paris (France), 2018, chap. 20, pp. 333-349 A la lumière de la pensée complexe d'Edgar Morin, le chapitre analyse l'initiative de l'Union européenne visant à prévenir les risques et menaces liées aux

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 29

matières NRBC (nucléaires, radiologiques, DE BEAUFORT V. biologiques et chimiques). Les autres organes multilatéraux Building on Edgar Morin's "pensée complexe", this chapter analyses the producteurs de normes ou European Union's Initiative on CBRN Risk d’orientations Mitigation (nuclear, radiological, in: Le Lamy contrats internationaux - biological, and chemical). The Ebola Etude 100 outbreak is further analysed to highlight Wolters Kluwer: (France) 2018, chap. 2, the importance of a holistic and pp. 16-34 multidisciplinary approach for effective Présentation du cadre institutionnel des crisis management. échanges internationaux - Cadre Mots-clés : Complexité - Ebola - multilatéral: OMC, OCDE, OIT, G20, G7 et Gouvernance - Morin - NRBC - Union règles de fonctionnement du Marche de Européenne l'Union européenne. Keywords: CBRN - Complexity - Ebola - Presentation of the Institutional European Union - Governance - Morin Framework for International Trade - Multilateral Framework: WTO, OECD, ILO, G20, G7 and Rules of the European Union DE BEAUFORT V. Market. Du lobbying au e-lobbying Mots-clés : Commerce international - in: Complexité et organisations : faire Marché de l'Union Européenne - face aux défis de demain Multilatéral - OMC Morin E., Bibard L. (eds.) Keywords: EU market - Multilateral - Eyrolles: Paris (France), 2018, chap. 18, Trade - WTO pp. 293-312 DE BEAUFORT V. DE BEAUFORT V. Les DRH au Conseil de La constitution de grands marchés l'Administration régionaux plurinationaux in: Manifeste. Donner aux DRH la in: Le Lamy contrats internationaux - légitimité à siéger dans les CA en tant Etude 100 qu'administrateurs indépendants et Wolters Kluwer: (France) 2018, chap. 3, promouvoir l'engagement citoyen des pp. 35-69 Conseils d'Administration Présentation du cadre institutionnel des Added E. (ed.) échanges internationaux - Cadre RH&M Editions: Paris (France), 2018, multilatéral: OMC, OCDE, OIT, G20, G7 et pp. 97-104 règles de fonctionnement du Marche de Améliorer le système français actuel de l'Union européenne. gouvernance d'entreprise apparait Presentation of the Institutional souhaitable pour répondre aux attentes Framework for International Trade - des actionnaires et de l'ensemble des Multilateral Framework: WTO, OECD, ILO, parties prenantes. G20, G7 and Rules of the European Union Mots-clés : Actionnaire administrateurs - Market Gouvernance Mots-clés : Commerce international - Marché de l'Union Européenne - Multilatéral - OMC Keywords: EU market - Multilateral - Trade - WTO

30 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

DE BEAUFORT V. DELGA J. Un cadre multilatéral établi avec Pour une fin de vie plus sereine l’Organisation Mondiale du in: Face à la mort Commerce - Le cadre multilatéral MA Editions-ESKA: Paris (France), 2018, des échanges internationaux entre chap. 20, pp. 285-289 États in: Le Lamy contrats internationaux - HELLERINGER G. Etude 100 (GELTER M., HELLERINGER G.) Wolters Kluwer: (France) 2018, chap. 1, Corporate Opportunities in the US pp. 2-15 and in the UK: How Differences in Présentation du cadre institutionnel des échanges internationaux - Cadre Enforcement Exmplain Differences multilatéral: OMC, OCDE, OIT, G20, G7 et in Substantive Fiduciary Duties règles de fonctionnement du Marche de in: Research Handbook on Fiduciary Law l'Union européenne. Smith D. G., Gold A. S. (eds.) Presentation of the Institutional Edward Elgar Publishing Ltd: Framework for International Trade - Northampton (U.S.A.), 2018, chap. 16, Multilateral Framework: WTO, OECD, ILO, pp. 331-352 G20, G7 and Rules of the European Union In this chapter, we suggest an Market. explanation for why the two core Mots-clés : Commerce international - jurisdictions of the common law world Marché de l'Union Européenne - have developed so differently. We argue Multilatéral - OMC that only in the US fiduciary duties are Keywords: EU market - Multilateral - typically enforced by the courts, whereas Trade - WTO in the UK, corporate law enforcement is typically left to ex ante monitoring by outside directors and institutional DE CARLO L. investors. Only courts, in applying an ex Complexité des conflits post substantive assessment, are capable territoriaux : des oppositions of implementing a complex “standard” for binaires à l’acceptation des corporate opportunities. Institutional paradoxes enforcement, as in the UK, lends itself better to a hard-and-fast rule. We in: Complexité et organisations : faire suggest that this distinction is only an face aux défis de demain example of a larger distinction between Morin E., Bibard L. (eds.) the corporate laws of these two Eyrolles: Paris (France), 2018, chap. 6, jurisdictions, and indicative of a broader pp. 115-128 difference in how corporate fiduciary duties operate. DELGA J. Jacques est mort : "Du suicide à la HELLERINGER G. mort" Les effets réels du contrat. Le in: Face à la mort charme discret de la continuité MA Editions-ESKA: Paris (France), 2018, in: La réécriture du Code civil. Le droit chap. 19, pp. 274-284 français des contrats après la réforme de 2016 Cartright J., Fauvarque-Cosson B., Whittaker S. (eds.)

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 31

Société de Législation Comparée: Paris social performance reference points (France), 2018, chap. 11, pp. 207-225 remains limited. We make use of the prior Le nouveau droit français des contrats accounting literature and draw on the amende le régime des effets réels du idea of compromising accounts to discuss contrat sans le révolutionner. Il confère à how provisional and performative metrics la bonne foi un rôle accru et écarte can have a significant role in how l'obligation de donner qui occasionnant organizations develop new ways to de nombreux débats pouvait nuire à la evaluate their social performance. Given prévisibilité et à l'attractivité du droit that the social performance reference français. point criteria are ambiguous and the The new French law of contracts has corresponding referents malleable, modified the proprietary effect of performative accounts are helpful as they contracts. Good faith's role has inflated can intervene in the organizational life by and the difficult to grasp "obligation to making particular things visible, providing give" has been suppressed. space for interpretations, and facilitating Mots-clés : Bonne foi - Contrat - Droit discussion, thus creating temporary français - Obligations - Transfert de settlements and enabling opportunities propriété for productive compromises between Keywords: Contract - French Law - Good different organizational groups and Faith - Obligations evaluative principles. The recursive feedback loops between reference point referents, criteria and accounting PACHE A.-C. artefacts help the organization to make Quelles réponses à la complexité sense of its own social performance and institutionnelle ? interpret the associated performance in: Complexité et organisations : faire feedback, and thereby provide ground face aux défis de demain for organizational decisions on further Morin E., Bibard L. (eds.) action. Moreover, we discuss how Eyrolles: Paris (France), 2018, chap. 5, imperfect accounts can be useful for pp. 99-114 social businesses in their pursuit of developing their activities and achieving social impact. Articles dans des revues/Journal Keywords: Compromising Accounts - articles Reference Points - Social Entrepreneurship - Social Performance ANDRE K. (ANDRE K., LAINE M., CHO C. H.) BOUTHINON-DUMAS H. Reference Points for Measuring Economic Analysis of the Social Performance: Case Study of Interaction Between National Legal a Social Business Venture Systems. A Contribution to the Journal of Business Venturing, vol. 33, Understanding of Legal Diversity / n° 5, 2018, pp. 660-678 Legal Unity We present a longitudinal qualitative case Journal of Civil Law Studies, vol. 11, n° 2, study to elaborate on how a social 2018, pp. 299-321 venture forms reference points for social Cet article discute l'applicabilité du cadre performance. Although organizations d'analyse issu de l'analyse économique increasingly use various social (concepts de concurrence normative, de performance targets to direct their marchés des droits...) aux relations entre operations, the scholarly knowledge on les systèmes juridiques. Il vise à mettre en

32 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

évidence qu'une partie des mouvements européenne à se prononcer sur la de convergence ou de divergence entre question de savoir si le régulateur d’un les droits peut s'expliquer par des État d’accueil pouvait prendre une considérations économiques (recherche mesure. de compétitivité, harmonisation visant à This paper is about the powers of limiter les effets pervers de la member-states regulathory authorities in concurrence normative...). the financial industry. Scholars increasingly use expressions Mots-clés : Agrément - Assurance - Etat such as “regulatory competition” or even d'accueil - Etat d'origine - Régulation “law market” to illustrate the new global Keywords: European Union - Home legal system and the rivalry between Country Control - Insurance - Licence - national laws. This paper scrutinizes the Regulatory Authority legitimacy of the application of such economic concepts to legal systems’ interactions. An economic analysis could BOUTHINON-DUMAS H. allow us to delimit more precisely the (DO CARMO SILVA J-M., BOUTHINON- factors of convergence (leading to unity) DUMAS H., DE SAINT AFRIQUE D.) and divergence (leading to diversity) Les attentes des entreprises vis à between national legal systems due to vis de la formation juridique des competitive strategies (namely managers non-juristes differentiation and alignment) and the Semaine Juridique (La), n° 13, 2018, consequences for the regulation of legal pp 35-43 systems’ interactions. Cet article présente les résultats d'une Mots-clés : Compétitivité - Concurrence recherche empirique menée pour cerner normative - marché des droits - les attentes des entreprises à l'égard de Stratégies la formation et des compétences Keywords: Law Market - Lawmaking - juridiques attendues des managers qui Legal Mobility - Legal Systems - Market n'exercent pas de fonctions juridiques. for Legal Systems - Regulatory This paper, based on an empirical study, Competition scrutinizes what is the basic legal education expected from business BOUTHINON-DUMAS H. people. (BOUTHINON-DUMAS H., DO CARMO Mots-clés : Droit - Formation - Juridique - SILVA J.-M.) Managers L’articulation des pouvoirs du Keywords: Business People - Education - Law - Legal – Training régulateur de l’État d’origine et du régulateur de l’État d’accueil dans le secteur financier BOUTHINON-DUMAS H., Revue Trimestrielle de Droit Européen, JENY A., LECA B. n° 239, 2018, pp. 303-319 L’adaptation des fiscalistes aux Une affaire concernant une société nouvelles conditions de d’assurance immatriculée et agréée en l’optimisation fiscale. Une Roumanie et empêchée par les autorités italiennes d’exercer son activité en Italie approche par les capacités en raison des sanctions prononcées dynamiques contre son actionnaire unique et Revue Internationale de Droit dirigeant, en l’absence de réaction Economique, vol. 32, n° 4, 2018, pp. 399- suffisante du régulateur roumain, a 429 conduit la Cour de justice de l’Union

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 33

L’optimisation fiscale est au cœur de Traditionally, cross-border foreign direct l’actualité. Les pratiques de certaines investment flows in the EU have enjoyed entreprises (Apple, Ikéa, , , special legal protection by virtue of etc.) ont été mises au jour. bilateral investment protection treaties Tax optimization is at the heart of the (BITs) concluded between EU Member news. The practices of some companies States (intra-EU BITs). On 6 March 2018, (Apple, Ikea, Google, Amazon, etc.) have the Court of Justice of the European been brought to light. The institutional Union handed down a ground-breaking environment of this practice has evolved, ruling in the Achmea case, finding that but the practice of tax optimization has investor-State arbitration provisions not disappeared: it has changed. Actors, contained in intra-EU BITs are in particular the tax firms that advise incompatible with EU law and therefore companies, have adapted to continue to cannot be applied. The Court’s ruling thus be key elements of this tax practice. This likely marks the end of investment study aims to shed light on the protection within the EU in reliance on relationship between the evolution of the intra-EU BITs and leaves EU investors legal and institutional framework and the facing uncertainty about the future behavior of actors related to these protection of their investments in the EU practices, from the perspective of Internal Market. dynamic capacity theory. Mots-clés : Arbitrage d'investissement - Mots-clés : Big Four - Capacités Stratégies juridiques des entreprises - dynamiques - Droit fiscal - Fiscalistes - Union Européenne Fiscalité internationale - Optimisation Keywords: European Union - Investment fiscale Arbitration - Investment Protection - Keywords: Big Four - Dynamic Legal Strategies Capabilities - Fiscal law - International taxation - Tax Optimization - Tax specialists DE BEAUFORT V. (DE BEAUFORT V., SEOMONIN P. A.)

Démocratie actionnariale dans les BOUTHINON-DUMAS H., grandes sociétés cotées françaises : KOROM V. entre sclérose et hystérie Arrêt Achmea : quelles stratégies Journal Spécial des Sociétés, n° 47, 2018, pour les entreprises européennes pp. 18-19 pour protéger leurs Cet article analyse des AG du CAC 40 en investissements dans l’UE ? france 2018 a l'aune du principe de Juriste d'Entreprise Magazine, n° 31, democratie actionnariale. 2018, pp. 30-31 An analysis of CAC 40 GA in France in 2018 in the light of the principle of La Cour de justice de l'Union européenne shareholder democracy. a jugé que les clauses d’arbitrage Mots-clés : Actionnaire - Activisme - investisseur-État contenues dans les TBI Assemblée générale - Gouvernance intra-UE sont incompatibles avec le droit Keywords: Activism - Board - General de l’UE. Cet article met en perspective de Meeting - Governance - Question - cet arrêt lourd de conséquences et Shareholder explore les solutions concrètes que les entreprises pourront mettre en oeuvre pour maintenir un haut niveau de protection pour leurs investissements en Europe.

34 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

DE BEAUFORT V. DE BEAUFORT V. (DE BEAUFORT V., BOIRE M.) Loi quota Zimmermann-Copé Le questionnement, droit sacré de Journal Spécial des Sociétés, n° 60, 2018, l’actionnaire et outil d’activisme pp. 8-9 Journal Spécial des Sociétés, n° 67, 2018, Qu'est ce que la mixité imposée dans les pp. 14-15 CA entrainée par la loi quota en France Parmi les diverses possibilités qui (2011) change ou devrait changer plus s’offrent à un actionnaire s’intéressant à largement sur les CODIR et au -delà la l’entreprise dans laquelle il a investi, voire mixite au sein de l'entreprise? souhaitant l’influencer, on cite toujours In France a law requires a quota for les votes et campagnes de votes, des gender diversity (2011). This article tentatives de prises de contrôle, des examines what changes or possible demandes d’obtention d’un siège au changes are operating more widely on Conseil, techniques sont par définition CODIR and within the company. réservées aux actionnaires disposant d’un pourcentage des droits de vote assez DE BEAUFORT V. conséquent. S’intéresser aux questions que posent les actionnaires, identifier qui (DE BEAUFORT V., IBOURICHENE D.) les posent, leur thématique et comment Pourquoi (et comment) mieux les dirigeants lors des assemblées contrôler les conventions passées générales y font réponse, participe à entre une entreprise et un l’exercice de l’analyse de la montée de mandataire social ? l’activisme en France menée au CEDE- Journal Spécial des Sociétés, juillet 2018, ESSEC avec le soutien du CERESSEC. pp. 16-17 Among the various possibilities open to a Parmi les diverses possibilités qui shareholder interested in the company in s’offrent à un actionnaire s’intéressant à which he has invested or even wishing l’entreprise dans laquelle il a investi, voire influence, we always quote votes and souhaitant l’influencer, on cite toujours voting campaigns, attempts to take les votes et campagnes de votes, des control, applications for a seat on the tentatives de prises de contrôle, des Board, techniques are by definition demandes d’obtention d’un siège au reserved for shareholders with a Conseil, techniques sont par définition significant percentage of voting rights. réservées aux actionnaires disposant d’un Taking an interest in the questions posed pourcentage des droits de vote assez by the shareholders, identifying who conséquent. S’intéresser aux questions poses them, their theme and how the que posent les actionnaires, identifier qui Board answer during the general les posent, leur thématique et comment assemblies, participates in the exercise of les dirigeants lors des assemblées the analysis of the rise of activism in générales y font réponse. France conducted at CEDE-ESSEC with Among the various possibilities open to a the support of CERESSEC. shareholder interested in the company in Mots-clés : Actionnaire - Activisme - which he has invested or even wishing Assemblée générale - Gouvernance influence, we always quote votes and Keywords: Activism - Board - General voting campaigns, attempts to take Meeting - Governance - Question - control, applications for a seat on the Shareholder Board, techniques are by definition reserved for shareholders with a significant percentage of voting rights. Taking an interest in the questions posed by the shareholders, identifying who

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 35

poses them, their theme and how the HELLERINGER G. Board answer during the general (GELTER M., HELLERINGER G.) assemblies, participates in the exercise of Opportunity Makes a Thief: the analysis of the rise of activism in France. Corporate Opportunities as Legal Mots-clés : Actionnaire - Activisme - Transplant and Convergence in Assemblée générale - Gouvernance Corporate Law Keywords: Activism - Board - General Berkeley Business Law Journal, vol. 15, Meeting - Governance - Question – n° 1, 2018, pp. 92-153 Shareholder L'article analyse le traitement des conflits d'intérêts liés à la capture des GAUTIER A., PACHE A.-C. opportunités d'affaires. The article explores the transplantation of (VAN SCHIE S., GAUTIER A., PACHE A.- the corporate opportunities doctrine, C., GÜNTER S. T.) largely based on the US model, to France What Keeps Corporate Volunteers and Germany. In Germany, the law Engaged: Extending the Volunteer historically prohibited officers of the Work Design Model with Self- corporation from engaging in competing determination Theory Insights business activities; the statutory prohibition applied to some but not all Journal of Business Ethics, 2018, doi: corporate opportunities, and also left 10.1007/s10551-018-3926-y open some space for the corporate Despite enthusiastic claims around the opportunity doctrine to move into. The benefits of corporate volunteering (CV) German version of the doctrine for the workplace and its widespread developed gradually over the past fifty implementation, the impact of such years and owes its adoption to a number programs for beneficiaries and non-profit of academics who studied US law and organizations remains uncertain, reinterpreted a number of cases – where particularly when employees’ it was clear that an officer had violated participation is one-off. Previous research his duties to the corporation – in light of suggests that the benefits of CV for the newly discovered doctrine. By employees, businesses, and society are contrast, it was not until late 2011 that more likely to occur if employees French courts recognized for the first internalize a volunteer identity—that is, if time that a director may not appropriate being a volunteer becomes a part of their a corporate opportunity. As the core self. This leads them to sustain their thesis of the paper, we show that there is participation in CV over time, maximizing a considerable degree of convergence CV’s positive effects on all stakeholders. relating to the corporate opportunities This study explores the factors explaining doctrine, which has radiated primarily why employees internalize a volunteer from US law to the two civil law identity in a corporate context. jurisdictions. Keywords: Corporate Volunteering - Mots-clés : Conflit d’intérêt - Dirigeant - Internationalization - Self-determined Droit des sociétés Motivation - Volunteer Role Identity Keywords: Business Opportunity - Conflicts of Interest - Corporate Law

36 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

KOROM V. SINACEUR M. Jurisprudence Achmea : la fin de (SAN MARTIN A., SINACEUR M., MADI l'arbitrage d'investissement au sein A., TOMPSON S., MADDUX W. W., de l'Union européenne ? KITAYAMA S.) Recueil Dalloz, vol. 194, n° 36, 2018, Self-Assertive Interdependence in pp. 2005-2010 Arab Culture Achmea est l'affaire la plus marquante qui Nature Human Behaviour, 2018, doi: pose la question de la compatibilité des 10.1038/s41562-018-0435-z TBI intra-UE et de leurs clauses Arabs represent a major cultural group, d'arbitrage avec le droit de l'UE. Cette yet one that is relatively neglected in décision a une portée révolutionnaire cultural psychology. We hypothesized pour l'arbitrage d'investissement au sein that Arab culture is characterized by a de l'UE. unique form of interdependence that is Mots-clés : Achmea self-assertive. Arab cultural identity emerged historically in regions with harsh ecological and climatic environments, in NAPPI I. which it was necessary to protect the (NAPPI I., DE CAMPOS RIBEIRO G.) survival of tribal groups. Individuals in L'héritage urbain des Jeux Arabian cultures were honour-bound to Olympiques et paralympiques be respectable and trustworthy group L'économie politique, n° 78, 2018, members. Supporting this hypothesis, pp. 6-80 study 1 found that Arabs were Ce papier interroge les conditions d'un interdependent and holistic (like East héritage urbain et immobilier de long Asians), but also self-assertive (like terme des méga-evenements, en Westerners). This psychological profile particulier des JO : des éléphants blancs, was observed equally for both Muslim dette publique, hausse des prix and Christian Arabs, thus ruling out immobiliers mais aussi valorisation des Islamic religion as an alternative territoires... à travers une analyse explanation for our findings. Studies 2 comparative de 3 villes : Rio, Barcelone et and 3 showed that the self-assertive Londres. tendency of Arabs is in service of This paper takes a critical look at the interdependence, whereas that of urban et real estate related effects of Westerners is in service of independence. major events on the cities that host them: Our work contributes to the current effort white elephants, public debt, housing by cultural psychologists to go beyond price increases, etc. through a critical the prevailing East versus West, analysis of 3 cities: Rio, Baracelona and interdependence versus independence London. paradigm. It also speaks to the emerging Mots-clés : Logement - Méga-événement socioecological perspective in cultural - Prix immobilier research. Keywords: Housing - Mega Event - Real Estate Price von GOLDBECK A. Consumer Arbitrations in the European Union Pepperdine Dispute Resolution Law Journal, vol. 18, n° 263, 2018, pp.263-298 The main argument of this paper is that the law should generally enforce pre- dispute consumer arbitration clauses. If

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 37

the consumer is given a choice between respect of the costs and expenses litigation and arbitration at the time of incurred by the innocent party for having contracting and he or she chooses to investigate and defend the claims arbitration, that choice should generally brought in the non-contractual forum but be enforceable, provided appropriate should also include any loss resulting safeguards are in place guaranteeing from a judgment on the merits. access to justice. Consumer protection Compared with anti-suit injunctions, a comes at a cost, which the consumer damage claim is less effective in dealing ultimately pays in the price of the with the problem of parallel proceedings. product or service purchased: assuming While an anti-suit injunction has the arbitration is the more cost-efficient effect of stopping the offending dispute-resolution mechanism, proceedings, a damage claim addresses consumers choosing arbitration would, in the problem ex post. However, this theory, pay a lower price than those reduced degree of effectiveness is choosing litigation. The blanket hostility arguably exactly the reason why a towards pre-dispute arbitration clauses damage claim does not infringe EU law— under the present law is not in the it does not interfere with the interest of the entire group of consumers, competence-competence given to as, in the current system, the majority Member State courts. subsidizes the few who litigate. A new, ‘bespoke’ approach for different sub- Communications publiées dans des groups of consumers is needed. Provided appropriate safeguards are in place actes de conférence/Articles guaranteeing access to justice, published in conference consumers would benefit from the proceedings freedom to agree to pre-dispute arbitration clauses waiving their right to litigation. Giving consumers a choice PACHE A.-C. between arbitration and litigation would (GAUTIER A., PACHE A.-C., SANTOS F.) allow particularly the weak consumers— Compartmentalizers to Hybridizers: who may prefer a cheaper product over a How Individuals Respond to more expensive one—access to the Multiple Institutional Logics market. in: Academy of Management Proceedings Academy of Management (AOM): Boston von GOLDBECK A. (U.S.A.), 2018 L’Indemnisation du non-respect des clauses compromissoires Communications présentées dans Revue Internationale de Droit Comparé, des conférences/Conference vol. 70, n° 2, 2018, presentations This paper argues that in light of the

ruling of the Court of Justice in West Tankers, arbitral tribunals and courts ANDRE K. should freely resort to awarding damages (ANDRE K., LAINE M., CHO C. H.) for breach of arbitration agreements. Reference Points for Measuring Contractual damages have the purpose Social Performance: Case Study of of putting the innocent party in the a Social Business Venture position it would have been in had the contract been fulfilled. Accordingly, Colorado State University: Washington damages for breach of an arbitration (U.S.A.), 2018 Going PROSOCIAL: agreement should not only be awarded in

38 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Sustainability, Ethics & Entrepreneurship HELLERINGER G., (SEE) Conference, 2 March 2018 SINACEUR M. Entering and Exiting Relationships DE BEAUFORT V. Columbia University: New York (U.S.A.), La gouvernance dans le tourisme 2018 Empirical Methods for Legal Studies, devra t-elle etre davantage féminie 7 March 2018 pour être éthique ? EITF Think Tank: 2018, 3rd Edition of the KOROM V. International Tourism Talks of the Future Arbitrability under French, English (Entretiens Internationaux du Tourisme du Futur, EITF) and Hungarian Law Central European University: Budapest (Hungary), 2018, The New Hungarian DE BEAUFORT V. Arbitration Act: Views from Hungary and Questions en gouvernance Abroad, 17 May 2018 d'entreprise lors des Assemblées Générales 2018 KOROM V. Fédération des Femmes Administrateurs: Enforcement of Arbitral Awards and 2018, Un conseil 4D, 10 July 2018 European Union Law HELLERINGER G. : Oxford (UK), The Conflicts of Interest and Standards New York Convention and European of Behaviour Union Law. Celebrating 60 Years of the New York Convention, 28 March 2018 University of Hong Kong (Hong Kong), 2nd International Fiduciary Law Conference, 14 December 2018 KOROM V. EU Law and Intra-EU Investment HELLERINGER G. Arbitration Conflicts of Interest: Compliance Center for International Legal Studies and Culture (CILS): Salzburg (Austria) Center for International Legal Studies (CILS) University of Nijmegen: Nijmegen International Arbitration Symposium, (Netherlands), 2018 Corporate 7-10 June 2018 Governance in Financial Institutions, 25 January 2018 KOROM V. HELLERINGER G. The CJEU's Achmea Judgment and The Cutting Edge of Consumer intra-EU Disputes under the Energy Finance and Energy Law: Charter Treaty Behavioural Insights - Big Data – Wolters Kluwer: Budapest (Hungary), Wolters Kluwer Third Hungarian Energy Digital Technologies Law Conference, 31 May 2018 Law School: Chicago (U.S.A.), 2018 University of Chicago Law Review Symposium on Personalized Law, 27 April 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 39

KOROM V. KOROM V. The Consequences of the CJEU's Why Budapest? Budapest as Venue Achmea Judgment for Investment of Arbitration Treaty Arbitration Court of Arbitration of the Hungarian Dutch Arbitration Association (DAA): Chamber of Commerce and the Amsterdam (Netherlands), DAA Hungarian Ministry of Justice, Hungarian Investment Arbitration Committee Arbitration on UNCITRAL Bases, Meeting 2018, 15 June 2018 14 November 2018

KOROM V. NAPPI I. The Future of Intra-EU Investment (NAPPI I., DE CAMPOS RIBEIRO G.) Arbitration in the Aftermath of the IOT and Workplace Management: Achmea Judgment New Perspectives for Corporate Paris (France), ESSEC/Paris Arbitration Real Estate Management Week 2018, 11 April 2018 Asian Real Estate Society: Incheon (Korea), 23rd AsRES Annual Conference,

8-11 July 2018 KOROM V.

The Impact of Achmea on Intra-EU Investment Treaty Arbitration: NAPPI I. Killing Me Softly with EU Law: What (NAPPI I., DE CAMPOS RIBEIRO G.) IOT and Workplace Management: to Do after the CJEU Judgement in New Perspectives for Corporate Achmea? Real Estate Management International Chamber of Commerce (ICC): London (UK), International University of Reading: Reading (UK) Chamber of Commerce - Young 25th European Real Estate Society Arbitrators Forum (ICC YAF), 16 April (ERES) Annual Conference, 27-31 June 2018 2018

KOROM V. PACHE A.-C. What Are the Implications of (PACHE A.-C., BATTALINA J., Achmea in Investment Treaty Law? SPENCER C.) Keeping an Eye on Two Goals: What Degree of Notice Should Governance and National Courts Give to Intra-EU Organizational Attention in Hybrid Investment Treaty Awards in Light Organizations of the Achmea Judgment? Academy of Management (AOM): European University Institute, HEC and Chicago (U.S.A.), 78th Academy of Dechert: Paris (France), The EU Law of Management Annual Meeting, Unintended Consequences - What Is the 10-14 August 2018 Impact of the Achmea Judgment on Investment and Dispute Settlement in the EU Energy Sector?, 16 November 2018

40 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

PACHE A.-C. Participations à des comités de (GAUTIERPACHE A.-C.A., PACHE A.-C., SANTOS F.) lecture/EditorialParticipations à desBoard comités de The(GAUTIER Making A., ofPACHE Hybridizers: A.-C., SANTOS F.) membershipslecture/Editorial Board ExploringThe Making How of Hybridizers:Individuals Combine memberships Exploring How Individuals Combine COLSON A. Competing Institutional Logics COLSON A. Competing Institutional Logics European Review of International Studies University of Alberta: Edmonton NégociationsEuropean Review [Rédacteur of International en chef] Studies (Canada),University 5thof Alberta: Alberta EdmontonInstitutions Négociations [Rédacteur en chef] Conference,(Canada), 5th 7 AlbertaJune 2018 Institutions

Conference, 7 June 2018 DE BEAUFORT V. CahiersDE BEAUFORT de la sécurité etV. de la justice

Cahiers de la sécurité et de la justice Articles de presse/Press articles Articles de presse/Press articles DE CARLO L. NégociationsDE CARLO L.

DE BEAUFORT V. Négociations DiversityDE BEAUFORT on Corporate V. Boards HELLERINGER G. CouncilDiversity on onBusiness Corporate and Society, Boards Global JournalHELLERINGER of Financial Regulation G. Voice,Council March on Business 2018, pp. and 40-43 Society, Global [RédacteurJournal of Financial en chef] Regulation Voice, March 2018, pp. 40-43 [Rédacteur en chef]

NAPPI I. DE BEAUFORT V. NAPPI I. DE BEAUFORT V. Journal of Corporate Real Estate Les femmes au pouvoir ou le Journal of EuropeanCorporate RealReal EstateEstate Research pouvoirLes femmes de faire au pouvoir bouger oules lelignes Journal of European Real Estate Research Grandespouvoir Ecolesde faire Magazine, bouger novembre les lignes

2018,Grandes pp. Ecoles 5-6 Magazine, novembre 2018, pp. 5-6 DE BEAUFORT V. Women:DE BEAUFORT On the Road V. for ProfessionalWomen: On the Fulfilment Road for CouncilProfessional on Business Fulfilment and Society, Global Voice,Council March on Business 2018, pp. and 51-54 Society, Global Voice, March 2018, pp. 51-54

BOUTHINON-DUMAS H., RICHARDBOUTHINON-DUMAS C. H., Non-publicationRICHARD C. de ses comptes : quellesNon-publication responsabilité de ses pour comptes : l'entreprisequelles responsabilité ? pour Lesl'entreprise Echos, avril ? 2018 Les Echos, avril 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 41

Économie Economics

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 43

Ouvrages/Books pricing has gained popularity in some BRICS jurisdictions and a number of EU-

member states in recent years. The book SANTACREU-VASUT E. begins by discussing the economic (SANTACREU-VASUT E., GAMBLE T.) arguments for and against the prohibition The Nature of Goods and the Goods of excessive or unfair prices by firms with of Nature. Why Anti-Globalisation market power. It then presents various Is Not the Answer country studies, focusing on developed countries (such as the UK and Israel) and Societas: Exeter (UK), 2018, 150 p. on the BRICS countries, to highlight The Nature of Goods and the Goods of various practical challenges involved in Nature is a voyage into the realm of the recognizing excessive prices as abusive economist and the fascinating way in conduct on the part of dominant firms, which they view the world. With striking including how to define, measure and pragmatism, Estefania Santacreu-Vasut identify excessive prices. The takes a cornerstone of economic thinking contributors also discuss other policy the nature of goods which, once ʊ ʊ options that can be used to fight understood, provides the reader with a excessive prices in order to protect lens that demolishes the argument for consumer welfare. anti-globalisation. Journeying through the eyes of a visitor to a bookshop who happens to find an unused train ticket Participation à des ouvrages tucked into the end pages of a story, collectifs/Book chapters Estefania Santacreu-Vasut and Tom Gamble unfold a voyage of awareness that links our everyday experiences with BERLINGIERI G. the economic theory of the nature of (BERLINGIERI G., MARCOLIN L.) goods to the goods of nature ʊ human Export Dynamics and the Sourcing nature, social nature, and the of Service Inputs environment ʊ that are essential for all of In: Developments in Global Sourcing us in our quest for happiness and Kohler W., Yalcin E. (eds.) prosperity. MIT Press: Cambridge (U.S.A.), 2018, chap. 5, pp. 145-168 Direction d'ouvrage collectif/Edited In this chapter we look at the role of book export experience in influencing the firm’s sourcing decision regarding these key inputs. We show that greater JENNY F. experience is related to less domestic (KATSOULACOS Y., JENNY F.) outsourcing. We do so by exploiting very Excessive Pricing and Competition detailed firm-level data from France, Law Enforcement which include a long panel of balance sheet data, together with transaction- Springer: Cham (Switzerland), 2018, level import/export information. To 284 p. reduce the magnitude of the fixed cost of This volume examines the controversy exports, firms tentatively enter new surrounding the use of competition law markets (or introduce new products in to combat excessive pricing. While high the same market), and commit greater or monopolistic pricing is not regarded as resources only once uncertainty about an antitrust violation in the US, employing the destination market profitability has abuse of dominance provisions in been resolved (see, eg, Albornoz et al. competition laws to fight excessive 2012).

44 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

did not affect prices or variety. This JENNY F. translatesdid not affect into pricesa cumulative or variety. reduction This in the consumer price index of 0.24% over AbuseJENNY of DominanceF. by Firms translates into a cumulative reduction in ourthe sampleconsumer period. price We index also of find 0.24% a high over ChargingAbuse of DominanceExcessive or by Unfair Firms Prices: degree of impact heterogeneity across An Assessment our sample period. We also find a high Charging Excessive or Unfair Prices: EUdegree countries, of impact trading heterogeneity partners, and across the In:An Excessive Assessment Pricing and Competition typeEU countries, of trade agreement,trading partners, with high- and the LawIn: Excessive Enforcement Pricing and Competition incometype of EUtrade countries agreement, seeing with much high- KatsoulacosLaw Enforcement Y., Jenny F. (eds.) strongerincome EU quality countries increases seeing and much larger Springer:Katsoulacos Cham Y., Jenny(Switzerland), F. (eds.) 2018, overallstronger consumer quality increases benefits. and larger pp.Springer: 5-15 Cham (Switzerland), 2018, overall consumer benefits. This chapter surveys a controversial but pp. 5-15 BERLINGIERI G. topicalThis chapter aspect surveys of competition a controversial law: i.e. but the prohibitiontopical aspect of excessive of competition or unfair law: prices. i.e. the (BERLINGIERIBERLINGIERI G., CALLIGARISG. S., Weprohibition conclude of that, excessive except or in unfair exceptional prices. CRISCUOLO(BERLINGIERI C.) G., CALLIGARIS S., circumstances,We conclude that, competition except in authorities exceptional TheCRISCUOLO Productivity-Wage C.) Premium: shouldcircumstances, use their competition enforcement authorities or DoesThe Productivity-Wage size Still Matter in Premium:a Service advocacyshould use powers their enforcement to eliminate orthe Economy? obstacles to competition which lead to Does size Still Matter in a Service advocacy powers to eliminate the AmericanEconomy? Economic Association Papers supra-competitiveobstacles to competition prices ratherwhich thanlead to andAmerican Proceedings, Economic vol. Association 108, n° 6, 2018, Papers usingsupra-competitive competition lawprices to makerather high than doi:and 10.1257/pandp.20181068Proceedings, vol. 108, n° 6, 2018, pricesusing competitionillegal. law to make high Thedoi: literature10.1257/pandp.20181068 has established two robust prices illegal. stylized facts: (i) the existence of a firm Articles dans des revues/Journal The literature has established two robust size-wagestylized facts: premium (i) the and existence (ii) a positive of a firm articlesArticles dans des revues/Journal relationshipsize-wage premium between and firm (ii) size a positive and articles productivity.relationship between However, firm the size existing and evidence is mainly based on BERLINGIERI G. productivity. However, the existing manufacturing,evidence is mainly which based nowadays on accounts (BERLINGIERIBERLINGIERI G., BREINLICHG. H., formanufacturing, a small share which of the nowadays economy. accounts Using a DHINGRA(BERLINGIERI S.) G., BREINLICH H., uniquefor a small micro-aggregated share of the economy. dataset Using a TheDHINGRA Impact S.) of Trade Agreements coveringunique micro-aggregated 17 countries over dataset1994–2012, this onThe Consumer Impact of Welfare Trade Agreements – Evidence papercovering compares 17 countries these over relationships 1994–2012, this across sectors. While the size-wage and fromon Consumer the EU Common Welfare External– Evidence paper compares these relationships size-productivityacross sectors. While premia the are size-wage significantly and Tradefrom the Policy EU Common External weaker in market services compared to Journal of the European Economic size-productivity premia are significantly Trade Policy manufacturing,weaker in market the services link between compared wages to Association,Journal of the vol. European 6, n° 16, Economic 2018, pp. 1881– and productivity is stronger. In a service 1928 manufacturing, the link between wages Association, vol. 6, n° 16, 2018, pp. 1881– economyand productivity the stylized is stronger. fact is aIn a service This paper estimates the consumer 1928 "productivity-wageeconomy the stylized premium" fact is a rather than welfare impact of the new generation of This paper estimates the consumer a"productivity-wage "size-wage premium." premium" rather than trade agreements implemented by the welfare impact of the new generation of a "size-wage premium." Europeantrade agreements Union between implemented 1993 and by 2013.the WeEuropean decompose Union the between overall 1993 effect and into 2013. CHARLETY P. contributionsWe decompose of changesthe overall in effectprices, into quality L’activismeCHARLETY actionnarial P. dans andcontributions variety. Estimating of changes trade in prices, elasticities quality l’assembléeL’activisme actionnarialgénérale : quels dans forand narrow variety. product Estimating categories trade elasticities of EU bénéfices pour les actionnaires et imports, we infer quality from data on l’assemblée générale : quels for narrow product categories of EU lesbénéfices entreprises pour ?les actionnaires et importedimports, we values infer and quality volumes. from dataFor the on EU as a whole, we find that trade agreements Revueles entreprises d'Économie ? Financière, vol. 2018, imported values and volumes. For the EU n° 130, 2018, pp. 195-221 increasedas a whole, quality we find by that 7% ontrade average agreements but Revue d'Économie Financière, vol. 2018, increased quality by 7% on average but n° 130, 2018, pp. 195-221

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 45

Le développement de l’activisme they practice passive investing. Hedge actionnarial s’explique en grande partie funds also act as activists but in a par la progression de l’actionnariat different way since they acquire institutionnel qui représente depuis substantial stakes in companies in order plusieures années déjà la majorité de to change their governance and strategy. l’actionnariat (6 % environ en 1950 à plus Recent research highlight that de 70 % aujourd’hui aux États-Unis). Cet shareholders activism lead to better long- actionnariat cible des entreprises sur des term performances and in the case of questions de gouvernance (composition hedge funds, to changes in control, du conseil, mesures anti-OPA, etc.). Il sometimes detrimental to others s’oppose à certaines résolutions, en shareholders. The effects of activism on propose d’autres. En raison des the other stakeholders are not still well- évolutions réglementaires et de la quasi- known. obligation de voter, les fonds très diversifiés exercent pour beaucoup leurs droits de vote et s’avèrent des DE POUVOURVILLE G. actionnaires « actifs » malgré une gestion (GOODALL G., LAMOTTE M., RAMOS M., passive. Plus récemment, l’arrivée des MAUNOURY F., PEJCHALOVA B., DE hedge funds a conduit à un mode POUVOURVILLE G.) opératoire nouveau : prise de Cost-Effectiveness Analysis of the participations significative suivie SAPIEN 3 TAVI Valve Compared d’exigences sur la gouvernance, mais aussi sur la stratégie des entreprises. Les with Surgery in Intermediate-risk recherches les plus récentes indiquent Patients globalement que l’activisme entraîne une Journal of Medical Economics, vol. 22, amélioration des performances à long n° 4, 2018, pp. 289-296 terme. Les prises de participations L'implantation par voie transcatherale de conséquentes, par des hedge funds en valves aortiques (TAVI) est devenue la particulier, conduisent parfois à une technique de référence du traitement des réorientation de la stratégie, voire à un sténoses aortiques sévères. L'étude changement de contrôle, souvent au évalue le coût et les bénéfices de détriment des autres actionnaires. Peu de l'utilisation de cette technique chez les résultats sont à ce jour disponibles sur patients présentant un risque leurs conséquences pour les autres intermédiaire, dans le contexte français. parties prenantes des entreprises. Transcatheter aortic valve implantation “Does Shareholders Activism in (TAVI) has become the therapy of choice Shareholders Meeting Benefit Them and for treating severe aortic stenosis in Firms?” The huge increase of institutional patients at high-risk for surgery or where share ownership – 6% in the 1950’s it is considered too risky to attempt. We compared to 70% nowadays in the USA – sought to evaluate the potential cost and is mainly responsible for the growth of clinical impact of TAVI in intermediate shareholders activism. These risk patients from a French collective shareholders challenge companies on perspective. governance matters such as the Keywords: Cost-effectiveness - composition of the Board of Directors, Ranscatheter Aortic Valve - SAPIEN 3 - anti take-over measures etc., vote against Severe Aortic Stenosis - TAVI resolutions and propose their own resolutions. Due to regulatory developments and an almost obligation to vote, the big diversified funds are in fact very active shareholders, even when

46 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

DOSISDOSIS A.A. performperform significantlysignificantly betterbetter thanthan all-all- OnOnDOSIS SignallingSignalling A. andand ScreeningScreening inin womenperformwomen teams.teams. significantly However,However, better whenwhen than controllingcontrolling all- forfor thethe averageaverage tolerancetolerance toto riskrisk scorescore ofof MarketsMarketsOn Signalling withwith Asymmetric Asymmetricand Screening in women teams. However, when controlling theforthe teams,theteams, average thethe performanceperformance tolerance to advantage advantagerisk score of ofof InformationInformationMarkets with Asymmetric all-mentheall-men teams, teamsteams the vanishes, vanishes,performance whilewhile advantage thethe team-team- of JournalInformationJournal ofof MathematicalMathematical Economics,Economics, specificall-menspecific economicteamseconomic vanishes, performanceperformance while the ofof team- teamsteams vol.Journalvol. 75,75, 2018, 2018,of Mathematical pp.pp. 140-149140-149 Economics, withspecificwith fourfour economic womenwomen isis performance stillstill positivepositive andofand teams Thisvol.This 75, paperpaper 2018, studiesstudies pp. 140-149 marketsmarkets withwith strong.withstrong. four TeamsTeams women withwith is fourfourstill positive womenwomen takeandtake asymmetricThisasymmetric paper studies information.information. markets WhenWhen with thethe morestrong.more risksrisks Teams thanthan with thethe teamfourteam women tolerancetolerance take toto riskrisk marketasymmetricmarket isis modelledmodelled information. asas aa standardstandard When the scoremorescore wouldriskswould than predict,predict, the team whichwhich tolerance suggestssuggests to risk signallingmarketsignalling is game,modelledgame, inefficientinefficient as a standard outcomesoutcomes somescoresome formformwould ofof predict, teamteam specificspecific which actionsuggestsaction biasbias oror arisesignallingarise duedue to togame, thethe arbitrariness arbitrarinessinefficient outcomes ofof off-the-off-the- risk-shift.somerisk-shift. form of team specific action bias or equilibriumariseequilibrium due to path paththe arbitrariness beliefs.beliefs. SuchSuch of inefficientinefficient off-the- Krisk-shift.Keeyywwoorrddss :: BusinessBusiness GamesGames -- GenderGender outcomesequilibriumoutcomes areare path shownshown beliefs. notnot Such toto arisearise inefficient inin aa StudiesKStudieseywor -d- Risk-takingsRisk-taking: Business Games -- TeamTeam - Decision DecisionGender noveloutcomesnovel gamegame are thatthat shown combinescombines not to signallingsignalling arise in a and and Studies - Risk-taking - Team Decision competitivenovelcompetitive game screening.thatscreening. combines InIn thisthis signalling game,game, the theand LANGOHRLANGOHR P.,P., COLSONCOLSON A.A. informedcompetitiveinformed partyparty screening. makesmakes anan In initialinitialthis game, offeroffer totheto allall (EZVANLANGOHR(EZVAN C.,C., LANGOHRLANGOHR P., COLSON P.,P., RENOUARDRENOUARD A. C.,C., uninformedinformeduninformed party parties,parties, makes butbut an thethe initial uninformeduninformed offer to all COLSON(EZVANCOLSON C., A.)A.) LANGOHR P., RENOUARD C., partiesuninformedparties areare allowedallowed parties, to tobut makemake the counter-uninformedcounter- FinalFinalCOLSON EndsEnds A.) atat thethe Forefront:Forefront: LessonsLessons offerspartiesoffers afterafter are allowedacceptingaccepting to thethemake initialinitial counter- offer.offer. TheThe fromfromFinal aaEnds PedagogicalPedagogical at the Forefront: ExperienceExperience Lessons atat initialoffersinitial offer offerafter serves servesaccepting asas aa the barrierbarrier initial toto offer. potentialpotential The ESSECESSECfrom a Business BusinessPedagogical SchoolSchool Experience at cream-skimmingcream-skimming deviations,deviations, andand hence,hence, initial offer serves as a barrier to potential JournalESSECJournal ofBusinessof BusinessBusiness School EthicsEthics Education,Education, equilibriumcream-skimmingequilibrium isis shownshown deviations, toto genericallygenerically and hence, exist.exist. n°Journaln° 15,15, 2018,2018, of Business pp.pp. 49-7049-70 Ethics Education, AsequilibriumAs such,such, thethe is paperpaper shown alsoalso to contributesgenericallycontributes exist. toto thethe Thisn°This 15, paperpaper 2018, providesprovides pp. 49-70 aa conceptionconception andand literatureAsliterature such, the thatthat paper focusesfocuses also onon contributes layinglaying strategicstrategic to the qualitativeThisqualitative paper analysisanalysisprovides ofof a aaconception recentrecent innovativeinnovative and foundationsliteraturefoundations that forfor focuses efficientefficient on competitioncompetition laying strategic inin pedagogicalqualitativepedagogical analysis experience,experience, of a recent aa two-weektwo-week innovative competitivefoundationscompetitive screeningforscreening efficient markets.markets. competition in programpedagogicalprogram calledcalled experience, “Understand“Understand a two-week andand ChangeChange KcompetitiveKeeyywwoorrddss:: AsysmetricAsysmetric screening informationmarkets.information -- theprogramthe World”,World”, called whichwhich “Understand isis designeddesigned and toto helphelpChange CompetitiveKCompetitiveeywords: Asysmetric screeningscreening -information- ExistenceExistence - -- businessthebusiness World”, schoolsschools which generategenerate is designed anan impetusimpetus to help SignallingCompetitiveSignalling screening - Existence - towardsbusinesstowards change changeschools within withingenerate students,students, an impetus faculty,faculty, Signalling andtowardsand administratorsadministrators change within andand morestudents,more generallygenerally faculty, toto LAMIRAUDLAMIRAUD K.,K., theandthe institution’s institution’sadministrators systemicsystemic and more sustainablesustainable generally to VRANCEANUVRANCEANULAMIRAUD K., R.R. capability.thecapability. institution’s WeWe argueargue systemic thatthat sustainableharnessingharnessing thethe endsends ratherrather thanthan thethe meansmeans isis thethe keykey toto VRANCEANU R. capability. We argue that harnessing the GroupGroup GenderGender CompositionComposition andand meetingendsmeeting rather sustainabilitysustainability than the means challengeschallenges is the within withinkey to EconomicEconomicGroup Gender Decision-Making:Decision-Making: Composition and businessmeetingbusiness schools.sustainabilityschools. TheThe conceptual conceptualchallenges basiswithinbasis ofof EvidenceEvidenceEconomic fromfrom Decision-Making: thethe KallystéeKallystée ourbusinessour programprogram schools. providesprovides The broadconceptualbroad avenuesavenues basis forfor of BusinessBusinessEvidence GameGamefrom the Kallystée businessourbusiness program schoolschool provides pedagogy.pedagogy. broad TheThe avenues for JournalBusinessJournal ofof Economic EconomicGame BehaviorBehavior andand pedagogybusinesspedagogy school reliesrelies onpedagogy.on students’students’ The sensesense ofof Organization,Organization,Journal of Economic vol.vol. 145,145, Behavior 2018,2018, pp.pp. and 294-305294-305 meaningpedagogymeaning andand relies practicalpractical on students’ wisdomwisdom sense toto raiseraise of ThisOrganization,This paperpaper analysesanalyses vol. 145, datadata 2018, collectedcollected pp. 294-305 inin 20122012 empathy,meaningempathy, and awarenessawareness practical ofof wisdom thethe commoncommon to raise good,good, andand thethe fundamentalfundamental relevancerelevance ofof andThisand 2013 2013paper atat analyses thethe ESSECESSEC data BusinessBusiness collected SchoolSchool in 2012 empathy, awareness of the common suchsuch empathyempathy andand awarenessawareness forfor thethe fromandfrom 2013 Kallystée,Kallystée, at the a aESSEC proprietaryproprietary Business mass-mass- School good, and the fundamental relevance of businessbusiness world.world. ThisThis impliesimplies takingtaking aa stepstep attendancefromattendance Kallystée, businessbusiness a proprietary game.game. CompanyCompany mass- such empathy and awareness for the backbusinessback fromfrom world. thethe traditionaltraditional This implies instrumentalinstrumental taking a step boardsattendanceboards areare simulated simulatedbusiness game. byby teamsteams Company ofof fivefive approachbackapproach from toto the businessbusiness traditional educationeducation instrumental and,and, studentsboardsstudents are selectedselected simulated atat random.random. by teams TheThe of designdesignfive moreapproachmore broadly,broadly, to business toto careerscareers education andand business.business. and, manipulatesstudentsmanipulates selected thethe gendergender at random. compositioncomposition The design ofof KmoreKeeyywwo obroadly,rrddss:: AuthenticAuthentic to careers LeadershipLeadership and business. -- themanipulatesthe boardsboards toto the allowallow gender forfor allall composition possiblepossible of BusinessBusiness SchoolSchool CurriculumCurriculum -- ESGEESGE IssuesIssues genderthegender boards combinations.combinations. to allow for DataData all possible showshow thatthat all-all- Keywords: Authentic Leadership - mengendermen andand combinations. mixedmixed teamsteams withDatawith fourfourshow womenwomen that all- Business School Curriculum - ESGE Issues men and mixed teams with four women

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 47

- Pedagogy - Phronesis - Practical - PRME which costs of extraction are replaced - Sustainability – Wisdom with virtual costs of extraction. We analyze how structural breaks in the price of resource impact the dynamics of POUYET J. extraction. (POUYET J., TREGOUET T.)

Assessing the Impact of Vertical Integration in Platform Markets POUYET J. CPI Antitrust Chronicle, vol. 2018, n° 2, (MARTIMORT D., POUYET J., RICCI F.) 2018 Extracting Information or We analyze a vertical merger between a Resource? The Hotelling Rule platform providing an operating system Revisited under Asymmetric and a device manufacturer in the presence of indirect network effects Information between buyers of devices and RAND Journal of Economics, vol. 49, n° 2, developers of applications. Indirect 2018, pp. 311-347 network effects generate a form of A concessionaire has private information demand complementarity at the on the initial stock of resource. A “virtual manufacturer level. Vertical integration Hotelling rule” describes how the creates market power over nonintegrated resource price evolves over time and how manufacturers and application extraction costs are compounded with developers. It also allows the integrated information costs along the optimal firm to coordinate the pricing decisions extraction path. Fields which are across both sides of the market, thereby heterogeneous in terms of their initial leading to a better internalization of stocks follow different extraction paths. network effects. The impact on Resource might be left unexploited in the competition depends on the strength and long run as a way to foster incentives. the structure of indirect network effects. The optimal contract may sometimes be Our analysis shows that indirect network implemented through royalties and effects qualitatively change the license fees. With a market of traditional competitive analysis of vertical concessionaires, asymmetric information integration in platform markets. leads to a “virtual Herfindahl principle” Keywords: Platform Markets - Vertical and to another form of heterogeneity Integration across active concessionaires. Keywords: Asymmetric Information - Delegated Management - Non-Renewable POUYET J. Resource - Optimal Contract (MARTIMOR D., POUYET J., RICCI F.) Contracts for the Management of a POUYET J. Non-Renewable Resource under (SAND W., JULLIEN B., POUYET J.) Asymmetric Information and Quel rôle pour les acteurs publics Structural Price Breaks dans l'incitation privée aux Annals of Economics and Statistics, investissements ? n° 132, 2018, pp. 81-103 Revue Économique, vol. 69, n° 6, 2018, We characterize the optimal contract for pp. 985-1007 resource extraction in a context where Une entreprise doit investir pour fournir the concessionaire has private un service à une autorité publique. information on the initial stock of L’autorité publique peut, une fois resource. The dynamics of extraction is l’investissement privé et l’incertitude characterized by a virtual Hotelling rule in

48 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

concernant la valeur du service réalisés, par lequel la microfinance et d'autres fournir ce service par ses propres intermédiaires financiers luttent contre moyens. Si une telle intervention peut l'exclusion financière fondée sur le genre. améliorer l’efficacité ex post, elle réduit Mais si le rôle des institutions culturelles a les incitations à investir ex ante et le bien- été reconnu comme important, peu de être social. Nous étudions différentes recherches ont systématiquement intégré modalités de l’intervention de l’autorité la culture dans l'étude de l'exclusion publique (possibilité d’investir seulement, financière fondée sur le genre. Nous ou possibilité de négocier avec étudions le rôle de la langue en tant l’entreprise sous la menace de duplication qu'institution culturelle qui influence la de l’investissement) suivant l’information mesure dans laquelle les intermédiaires qui est à sa disposition. Nos résultats financiers réussissent à atteindre les suggèrent qu’autoriser l’autorité publique femmes et à soutenir l'entrepreneuriat à négocier avec l’entreprise améliore le féminin. bien-être. Existing research has studied how A company must invest to provide a institutions and organizational factors service to a public authority. The public facilitate the process by which authority may, once the private microfinance and other financial investment and the uncertainty regarding intermediaries tackle gender-based the value of the service have been made, financial exclusion. But while the role of provide this service by its own means. cultural institutions has been recognized While such intervention can improve ex as important, little research has post effectiveness, it reduces incentives systematically integrated culture in the to invest ex ante and social welfare. We study of gender-based financial study different ways of the intervention exclusion. We study the role of language of the public authority (possibility of as a cultural institution that influences the investing only, or possibility of extent to which financial intermediaries negotiating with the company under the are successful in outreaching women and threat of duplication of investment) supporting female entrepreneurship. according to the information that is Mots-clés : Genre - Langue - Microfinance available. Our results suggest that Keywords: Gender - Language - Micro- allowing the public authority to negotiate finance with the company improves welfare. Mots-clés : Information - Investissement - Régulation TERRA C. Keywords: Information - Investment - (ROMELLI D., TERRA C., Regulation VASCONCELLOS E.) Current Account and Real Exchange SANTACREU-VASUT E. Rate changes: The Impact of Trade (DRORI I., MANOS R., SANTACREU- Openness VASUT E., SHENKAR O., SHOHAM A.) European Economic Review, vol. 105, 2018, pp. 135-158 Language and Market Inclusivity This paper investigates the impact of for Women Entrepreneurship: The trade openness on the relationship Case of Microfinance between current account and the real Journal of Business Venturing, vol. 4, exchange rate, by focusing on event n° 33, 2018, pp. 395-415 windows of significant balance of Les recherches existantes ont étudié payments distress. We identify episodes comment les institutions et les facteurs of sudden stops in capital flows and of organisationnels facilitent le processus abrupt currency depreciations for a large

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 49

sample of developed and emerging with those colonies. No significant impact economies over the period 1970–2011, was found for non-French colonies. and we find that, during these episodes, Keywords: Colonizations - Institutions - currency depreciations are associated International Trade with larger improvements in the current account in countries that are more open to trade. Our results suggest that the VRANCEANU R. magnitude of exchange rate (SUTAN A., GROLLEAU G., MATEU G., depreciations over the adjustment VRANCEANU R.) process of current accounts is related to ‘‘Facta Non Verba”: An Experiment the degree of openness to trade. on Pledging and Giving Keywords: Exchange Rate Depreciation - Journal of Economic Psychology, vol. 65, Sudden Stops - Trade Openness 2018, pp. 1-15 We design an experiment to investigate TERRA C. whether asking people to state how much (KALLAB T. E., TERRA C.) they will donate to a charity (i.e., to pledge) increases their actual donation. French Colonial Trade Patterns and Individuals’ endowment is either certain European Settlements or a random variable. We study different Comparative Economic Studies, vol. 60, types of pledges, namely, private, public n° 3, 2018, pp. 291-331 and irrevocable, which differ in terms of We construct a new database relying on the cost to the individual for not keeping various primary historical sources the promise. We show that in absence of containing information on the value of endowment uncertainty, private and French sectoral trade between 1880 and public pledges are associated with lower 1913 in order to assess the donations as compared to donations in contemporaneous effects of colonial the no-pledge case: private pledges European settlements on French trade slightly reduce donations and public patterns. Our empirical results show that pledges reduce them more significantly. French colonies with more European Donations increase with uncertainty (in settlements traded more with France. The terms of increased endowment impact is stronger with respect to the dispersion) for both private and public imports of raw materials and exports of pledge situations, although donations manufactured goods from France to their with private pledges remain higher than colonies, suggesting that those territories donations with public pledge. were a source of resources for France Mots-clés : Donations - Experimentation - and a market for its products. European Jeu du Dictateur settlements in colonies other than the Keywords: Charitable Giving - French ones did not impact the trade of Commitment - Dictator Game - Pledge those colonies with France. We also

explore to what extent the impact of European settlements on trade was VRANCEANU R. exerted through the channel of the (PEIA O., VRANCEANU R.) institutions brought by the settlers. The Cost of Capital in a Model of Separating the part of European Financial Intermediation with settlements associated with institutions, Coordination Frictions we find that the settlements associated Oxford Economic Papers, vol. 70, n° 1, with stronger institutions in French 2018, pp. 266-285 colonies had a positive impact on trade This paper analyzes how coordination frictions in the financial intermediation

50 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

sector impact the cost of capital. In the CHARLETY P. model, capital belongs to a large number (CHARLETY P., FAGART M-C., of small investors. A financial SOUAM S.) intermediary seeks to raise funds to finance a risky capital-intensive project Mandatory Voting and Shareholder and earns a fee-based income. The more Power investors participate to the project, the University of Florence: Florence (Italy), higher its probability of success. Investors Annual Meeting of the Association of observe noisy signals about the true Southern European Economic Theorists implementation cost of the project. This (ASSET), 8-10 November 2018 problem can be analyzed as a typical global game featuring a single threshold equilibrium. It can be shown that the DOSIS A. relationship between the probability of Efficient Reinsurance in Health success of the project and the rate of Insurance Markets return on capital is non-monotonic. We Industrial Organization Society: determine the "socially optimal interest Indianapolis (U.S.A.), 16th Annual rate" that maximizes the probability of International Industrial Organization success of the project. However, fee- Conference, 20 April 2018 maximizing intermediaries will generally set an interest rate higher than the former, thus bringing about a form of DOSIS A. allocative inefficiency Interest Rates and Investment Mots-clés : Coût du capital - Financement under Competitive Screening and projets infrastructure - Jeu de Moral Hazard coordination University of Florence: Florence (Italy), Keywords: Coordination Friction - Cost of Annual Meeting of the Association of Capital - Global Games - Project Finance Southern European Economic Theorists (ASSET), 8-10 November 2018 Communications présentées dans des conférences/Conference presentations DOSIS A. (DOSIS A., MUTHOO A.) Strategic Experimentation in an CELIK G. R&D race (CELIK G., DONGSOO S., STRAUSZ R.) Management School: Overprovision of Public Goods Lancaster (UK), 2018 Conference on under Information Manipulations Auctions, Competition, Regulation, and University of Florence: Florence (Italy), Public Policy, 24 May 2018 Annual Meeting of the Association of Southern European Economic Theorists LAMIRAUD K. (ASSET), 8-10 November 2018 (LAMIRAUD K., STADELMANN P.) Strategic Pricing Behaviors in the Presence of Consumer inertia: the Case of Health Insurance Italian Health Economics Association: Naples (Italy), 23rd Italian Health

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 51

Economics Association Annual VRANCEANU R. Conference, 27-29 September 2018 (BESSANCENOT D., SIRVEN N., VRANCEANU R.) LAMIRAUD K. A Model of Hospital Congestion in Strategic Pricing Behaviors in the Developing Countries Presence of Health Insurance Université Paris 5 et LIRAES: Paris Waseda University et : (France), 40eme Journée d'Economie de Tokyo (Japan), Waseda-Keio Conference la Santé Française, 6 December 2018 on Economics of Health Care Systems, 14 December 2018 VRANCEANU R. (VRANCEANU R., DUBART D.) PEPITO N. Experimental Evidence on Deceitful (AGASTYA M., BAG P., PEPITO N.) Communication: Does Everyone Optimal Task Ordering in Have a Price Sequential Production with Université de : Nice (France), Externalities 9th Annual Conference of the French WEAI & University of Newcastle: Association of Experimental Economics Newcastle (Australia), 14th Annual (ASFEE), 14 June 2018 Conference of the Western Economic Association International (WEAI), Articles de presse/Press articles 11-14 January 2018

GUYOT M., VRANCEANU R. SANTACREU-VASUT E. Convergence des luttes ou (SANTACREU-VASUT E., PIKE C.) divergence des buts ? Competition Policy and Gender La Tribune, mai 2018 Organisation for Economic Co-operation and Development (OECD): Global Forum on Competition: Background Paper GUYOT M., VRANCEANU R. DAF/COMP/GF, 29 November 2018 Innovation planifiée versus innovation de rupture TERRA C. La Tribune, octobre 2018 The Colonial Exports Pattern, Institutions and Current Economic GUYOT M., VRANCEANU R. Performance La crise des gilets jaunes, ou la (KALLAB T. E., TERRA C.) difficulté de réformer Sociedade Brasileira de Econometria – La Tribune, décembre 2018 (SBE): 40º Encontro Brasileiro de Econometria, Rio de Janeiro (Brazil), 11-14 December 2018

52 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Documents de recherche/Working a crowd of potential investors to put their papers funds into the project without an explicit coordination device. With heterogeneous information, such a problem can be VRANCEANU R. analyzed as a typical global game. We (BESANCENOT D., SIRVEN N., assume that signals of at least some VRANCEANU R.) agents present a systematic positive bias, A Model of Hospital Congestion in driven by positive emotions about projects with high social/community Developing Countries impact. The analysis reveals that if the WP Research Center 1804 number of such overenthusiastic persons This paper explains the observed hospital is large enough, crowdfunding finance congestion in developing countries as the might support financially inefficient result of the interaction between projects. We then analyze how a ambulatory care physicians who refer monopolistic platform optimally patients to hospitals, and hospitals which determines transaction fees and unveil must detect the severity of the incoming the relationship between overenthusiasm patients’ disease. In an imperfect and the profit of the platform. information environment, physicians Keywords: Behavioral IO - Crowdfunding might refer to top-tier hospitals patients - Entrepreneurship - Global Games - with mild diseases that could be properly Overenthusiasm addressed by regular hospitals, just to fulfill patients’ demand for the best care. Yet, the triage capability of top-tier VRANCEANU R. hospitals declines if the hospital is subject (VRANCEANU R., DUBART D.) to congestion, which, in turn, provides Experimental Evidence on Deceitful incentives to physicians to refer more Communication: Does Everyone patients to these hospitals. The model presents two equilibria, one with perfect Have a Price? triage, and another with triage errors and This paper introduces a new task to elicit hospital congestion. In this last individual aversion to deceiving, defined equilibrium, a higher hospital size raises as the lowest payoff for which an the likelihood of congestion. individual agrees to switch from faithful Keywords: Behavioral IO - Crowdfunding to deceitful communication. The core - Entrepreneurship - Global Games - task is a modified version of the Overenthusiasm Deception Game as presented in Gneezy (Am. Econ. Rev. 95 (1): 384.395: 2005). Deceitful communication brings about a VRANCEANU R. constant loss for the receiver, and a (BESANCENOT D., VRANCEANU R.) range of benefits for the sender. A Crowdfunding with multiple-price-list mechanism is used to Overenthusiastic Investors: A determine the sender’s communication strategy contingent on the various Global Game Model benefits from deception. The results show WP Research Center 1802 that 71% of the subjects in the sender role Crowdfunding platforms are providing will implement pure or threshold funds to an increasing number of communication strategies. Among them, projects, among which many have a 40% appear to be process driven, being strong social/community impact. Under a either "ethical" or "spiteful". The other all-or-nothing program, the success of 60% respond to incentives in line with the the investment depends on the ability of fixed cost of lying theory; they will forego

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 53

faithful communication if the benefit from deceiving the other is large enough. Regression analysis shows that this reservation payoff is independent of the risk aversion and social preferences of the subject; it would thus capture an inner preference for “behaving well”. Keywords: Communication Strategy - Cost of Lying - Deception - Inequality Aversion - Multiple Price List

Participations à des comités de lecture/Editorial Board memberships

CHARLETY P. Revue Française de Gouvernance d'Entreprise [Rédacteur en chef]

DE POUVOURVILLE G. Gérer et Comprendre

FOURÇANS A. Global Economy Journal

LAMIRAUD K. Health Economics

TERRA C. Journal of Applied Economics

VRANCEANU R. Global Economy Journal

54 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 Finance Finance

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 55

Ouvrage/Book Participation à des ouvrages collectifs/Book chapters DECLERCK F. (DECLERCK F., PORTIER M.) LONGIN F. Comment utiliser les marchés à La complexité sur les marchés terme agricoles et alimentaires (3e financiers édition) in: Complexité et organisations : faire Éditions La France Agricole: Paris face aux défis de demain (France), 2018 Morin E., Bibard L. (eds.) La stabilité des prix des matières Eyrolles: Paris (France), 2018, chap. 16, premières est rare, c'est l'exception. Les pp. 259-272 marchés à terme offrent des techniques Comment appréhender la complexité des de couverture du risque de fluctuation marchés financiers ? Est-elle plutôt un des prix. S'approprier ces outils des théâtre d’incertitude ou de risque ? Le contrats à terme et des contrats cas échéant, ce dernier peut-il être d'options semble vital pour la pérennité mesuré ? Trois méthodes permettent des entreprises dont l'activité est d’approcher cette complexité, au travers dépendante de la fluctuation des cours des crises en particulier: l’une relève de la des matières premières agricoles. La statistique et de la mathématique, la gestion du risque de prix doit faire partie deuxième de l’histoire et la troisième de intégrante des métiers des acteurs des la simulation, permettant de vivre de filières : du producteur au consommateur, l’intérieur les mécanismes des marchés en passant par les organismes stockeurs, financiers. Cette revue méthodologique les industriels et la grande distribution. Il est aussi l’occasion de découvrir qu’en en va de leur pérennité. finance, l’incertitude et le risque ne sont Price stability is not common on pas toujours là où l’on s’attendrait à les commodity markets, it is exceptional. trouver. Futures markets provide hedging How can the complexity of financial techniques to mitigate risks of price markets be understood? Is it rather a fluctuations. To know how to use futures theater of uncertainty or risk? If so, can contracts and options seems vital for the this be measured? Three methods make it survival of corporations whose business possible to approach this complexity, activity depends on fluctuations of through crises in particular; one comes agricultural and food commodity prices. from statistics and mathematics, the The management of price risk is part of second from history and the third from the activity of any operator along the simulation, allowing one to experience food chains: from farmer to consumer, the mechanisms of the financial markets. including elevators, processors and This methodological review is also an retailers. Their survival is at stake. opportunity to discover that in finance, Mots-clés : Agricole - Alimentaire - uncertainty and risk are not always where Contrat à terme - Marchés à terme - we would expect to find them. Matière première - Option - Risque Mots-clés : Complexité - Marchés Keywords: Agriculture - Commodity - financiers - Simulation Food - Futures Contract - Futures Market Keywords: Complexity - Financial Markets - Option - Price - Risqué - Simtrade – Simulation

56 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Articles dans des revues/Journal compétitivité, investir et améliorer la articles valeur des produits. C’est un cercle vertueux. By the value created for its customers, a BOULLAND R. food brand can generate a large share of Analysts’ Stickiness, Over-Reaction the financial value of the company that and Drift holds it. A food brand with a strong reputation encourages the actors in the Finance, vol. 39, n° 1, 2018, pp. 35-69 sector to coordinate to gain We show that investor underreaction and competitiveness, to invest and to overreaction to company news (Michaely, improve the value of the products. It is a Thaler, and Womack, 1995; De Bondt and virtuous circle. Thaler, 1985) can be traced back to sell- side analysts’ tendency to delay their stock recommendations for several DECLERCK F. months. Analysts exhibit stickiness in (DECLERCK F., MAUGET R.) their stock recommendations because Sociétés commerciales agricoles they face reputational concern in changing such recommendations too acquises par des coopératives : often and/or difficulties in processing quelles motivations lorsque les new information. Using a broad set of agriculteurs deviennent corporate events, we find that coopérateurs ? heterogeneity among the population of RECMA (Revue Internationale de analysts causes their response to l'Économie Sociale), n° 350, 2018, corporate news to be spread over several pp. 70-84 months. Long-term drift and return Dans l'industrie alimentaire française, la reversal following those events can be part de marché des coopératives predicted at different horizons by the agricoles a augmenté d’environ 7 % de fraction of contrarian recommendations, 2000 à 2015, principalement par i.e., recommendations that contradict the l’acquisition de sociétés commerciales. initial market reception of the news. Dans certains cas, les agriculteurs Together, our findings highlight the role fournisseurs de ces entreprises sont of analysts’ stickiness in shaping long- devenus membres des coopératives. term stock price reaction to corporate Dans d’autres, ils sont restés agriculteurs news. fournisseurs non-coopérateurs ou sont Keywords: Investor Attention - Post- partis à la concurrence. La présente announcement Drift - Security Analysts recherche vise à identifier les motifs et les modalités de prises de décision des DECLERCK F. agriculteurs et des coopératives, de sorte à compléter la théorie économique sur les Marque alimentaire, un repère qui relations entre une coopérative et ses structure les filières filiales en société commerciale. Elle La Revue des Marques, n° 102, 2018, s’appuie sur l’étude de cinq cas pp. 6-8 d’acquisition de sociétés commerciales Par la valeur créée pour ses clients, une par des coopératives agricoles. marque alimentaire peut générer une In the French food industry, the market grande part de la valeur financière de share of agricultural cooperatives l’entreprise qui la détient. Une marque increased by about 7% from 2000 to alimentaire disposant d’une forte 2015, mainly through the acquisition of notoriété incite les acteurs de la filière à companies, usually limited companies. In se coordonner pour gagner en some cases, the farmers who were

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 57

suppliers of these companies became co- résoudre sa détresse financière. Il op members. In others, they remained contribue également à la littérature en suppliers but not co-op members or they montrant que les politiques de règlement left to supply competitors. The purpose optimal varient selon le degré des chocs of the research is to identify the reasons négatifs. and methods of decision-making by This paper studies how a firm can farmers and cooperatives. The research optimally resolve financial distress ex extends the economic theory on the post. We model a firm hit by a liquidity relationship between a cooperative and shock and requiring an additional liquidity its subsidiaries that are companies. The injection to continue its operations. We research is based on the study of five find that, in the case of a small shock, the cases about the acquisition of companies firm should withstand the shock through by agricultural cooperatives. debt renegotiation. In the case of a Mots-clés : Acquisition - Associé medium shock, the firm should withstand coopérateur - Coopérative agricole - the shock through mergers and Gouvernance acquisitions. In this case, financial Keywords: Acquisition - Agricultural Co- restructuring must be simultaneously operative - Co-op Member - M&A designed to preserve the incentives of the manager and induce the investors to provide liquidity. The debt holders must HONG J. forgo part of their original holdings and Liquidity Shocks, Security Design share with the liquidity providers through and Organizational Change a combination of debt and equity. The Revue Économique, vol. 2018, pp. 49-63 manager must hold equity or options. In Cet article étudie comment une the case of a large shock, the firm should entreprise peut résoudre, de manière be liquidated. This paper provides the optimale, une difficulté financière ex post. first study on how a firm simultaneously Nous prenons pour modèle une seeks an acquisition and restructures its entreprise touchée par un choc de financial claims to resolve financial liquidité qui requiert une injection de distress, and also adds to the literature by liquidité supplémentaire pour poursuivre showing that the optimal resolution son activité. Nous trouvons que, dans le policies depend on the level of adverse cas d’un faible choc, l’entreprise peut le shocks. surmonter au moyen d’une renégociation Mots-clés : Chocs de liquidité - de sa dette. Dans ce cas, la Conception de garantie - Fusions- restructuration financière doit être acquisitions conçue pour, à la fois, préserver les Keywords: Liquidity Shocks - Mergers avantages du gérant et susciter un apport and Acquisitions (M&A) - Security Design de liquidité de la part d’investisseurs. Les Mergers détenteurs de la dette doivent alors renoncer à une partie de leur HONG J. participation initiale et partager, avec les apporteurs de liquidité, un regroupement The Financing of Alliance de dette et de capital. Le gérant doit Entrepreneurship détenir du capital ou des options. Dans le Journal of Business Venturing, 2018, cas d’un choc de grande envergure, doi: 10.1016/jbusvent.2018.12.002 l’entreprise doit être liquidée. L’article It is popular nowadays for entrepreneurial propose la première étude montrant firms to advance their entrepreneurship comment une entreprise, simultanément, outside their boundaries through sollicite une acquisition et restructure ses alliances. This paper studies how the demandes de financement dans le but de financing of entrepreneurship changes in

58 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

strategic alliances. We model a financially Keywords: Bank Credit Risk - Credit constrained entrepreneur and a deep- Default Swaps - Distress Risk Premia - pocket incumbent developing an Sovereign Exposures - Systematic Risk innovative product through a strategic alliance, which generates externalities on the incumbent. We find that i) in contrast LONGIN F. to traditional theories, the entrepreneur's (KONSTANTINOS G., LONGIN F.) financial constraint can be tightened by Financial Market Activity under an increase in his endowment; ii) an Capital Controls: Lessons from outside investor is introduced as a third Extreme Events party to deal with the free-riding agency Economics Letters, vol. 170, n° 1, 2018, problem; and iii) the externalities have a pp. 120-123 significant effect on the design of Nous étudions la relation entre la financial claims in the alliance contract, rentabilité et le volume des transactions and the incentive-compatible financial dans les queues de distribution suite aux instruments are consistent with empirical restrictions sur les transactions dues aux observations. contrôles de capitaux mis en place à la Keywords: Alliance Entrepreneurship - Bourse d'Athènes en juillet 2015. Nous Externality - Financial Contracting - utilisons la théorie des valeurs extrêmes Security Design bivariées pour modéliser la structure de dépendance. Nous montrons que les LI J. restrictions sur les transactions ont un (LI J., ZINNA G.) impact sur l'activité des acteurs du How Much of Bank Credit Risk Is marché. We investigate the contemporaneous Sovereign Risk? Evidence from relation between return and transaction Europe volume in distribution tails under the Journal of Money, Credit and Banking, restrictions on transactions due to the vol. 50, n° 6, 2018, pp. 1225-1269 capital controls implemented on the We examine European banks’ exposures Athens Stock Exchange in July 2015. We to systematic and country-specific use bivariate extreme value theory to sovereign risk. We organize our model the tail dependence structure. We investigation around a multifactor affine show that restrictions on transactions credit risk model estimated on credit have an impact on the activity of market default swap data of different matu- participants. rities. During the 2008–15 period, about Mots-clés : Contrôle des capitaux - one third of banks’ credit risk is Dépendance rentabilité volume - Théorie sovereign. However, banks strongly differ des valeurs extrêmes both in the magnitude and type of their Keywords: Capital controls - Extreme sovereign exposures. Measures of indirect Value Theory - Return–Volume exposures, such as bank size and return Dependence on equity, capture these cross-sectional differences better than measures of direct exposures. Furthermore, the TEDONGAP R. properties of the distress risk premiums (FARAGO A., TEDONGAP R.) turn out to be important to understand Downside Risks and the Cross- the effect of sovereign risk on bank Section of Asset Returns funding costs. Journal of Financial Economics, vol. 129, n° 1, 2018, pp. 69-86

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 59

In an intertemporal equilibrium asset DECLERCK F. pricing model featuring disappointment Champagne Wineries Facing aversion and changing macroeconomic uncertainty, we show that besides the Increasing Costs and Stagnant market return and market volatility, three Sales: Risk of Debt Distress? disappointment-related factors are also European Association of Wine priced: a downstate factor, a market Economists: Dijon (France), XXV downside factor, and a volatility Colloque “Oenometrics” of the European downside factor. We find that expected Association of Wine Economists (EuAWE returns on various asset classes reflect -VDQS - FEDECO), 23 May 2018 premiums for bearing undesirable exposures to these factors. The signs of estimated risk premiums are consistent DECLERCK F. with the theoretical predictions. Our most (DECLERCK F., MAUGET R.) general, five-factor model is very Séparer conseil et vente : successful in jointly pricing stock, option, implications pour les agriculteurs and currency portfolios, and provides et leurs coopératives considerable improvement over nested UniLaSalle: Paris (France), 2018 Faire face specifications previously discussed in the aux risques en agriculture : Quels enjeux, literature. quelles perspectives ?, 22 February 2018 Keywords: Cross-Section - Downside Risks - Generalized Disappointment Aversion DECLERCK F. Séparer le conseil et la vente de Communications présentées dans pesticides en France : implications des conférences/Conference pour les coopératives agricoles presentations Université de Montréal: Montréal (Canada), Market, Justice and the Cooperative as a Political Institution/ BACH L. Marché, justice et la coopérative comme (BACH L., CALVET L., SODINI P.) institution politique, 27 September 2018 From Saving Comes Having? Disentangling the Impact of Saving DECLERCK F. on Inequality To Separate the Advice and Sales of National Bureau of Economic Research (NBER): Cambridge (Massachusetts) Phytosanitary Products: How May (U.S.A.), 2018 NBER Summer Institute Co-Ops React? Economic Fluctuations and Growth University of Bonn: Igls (Austria), Working Group, 16 July 2018 12th International European Forum on System Dynamics & Innovation in Food

Networks, 5-9 February 2018 BARONI M.

An Index to Forecast Housing Returns FULOP A. (FULOP A., LI J., WAN R.) European Real Estate Society (ERES): Reading (UK), 25th European Real Estate Real-Time Learning and Bond Society (ERES) Annual Conference, Return Predictability 27-31 June 2018 Università della Svizzera italiana: Lugano (Switzerland), 11th Annual Meeting of the

60 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

the Society for Financial Econometrics HONG J. (SoFiE), 12-14 June 2018 Managerial Compensation Incentives and Corporate Debt FULOP A., LI J. Maturity: Evidence from FAS 123R (FULOP A., LI J., WAN R.) Financial Management Association Real-Time Learning and Bond (FMA): San Diego (U.S.A.), 2018 Financial Return Predictability Management Association Annual Meeting, 10 October 2018 National Center for Econometric & Research (NCER): Sydney (Australia), ESSEC & EUROFIDAI: Paris (France), 2018 Frontiers in Econometrics 2018, 16th Paris December Finance Workshop, 19 July 2018 Meeting, 20 December 2018

GOURIER E. KARAPETYAN A. (GOETZMANN W., GOURIER E., PHALIPPOU L.) (DEGRYSE H., KARAPETYAN A., How Alternative are Private KARMAKAR S.) To Ask or Not to Ask? Bank Capital Markets? Requirements and Loan Luxembourg School of Finance: Luxembourg (Luxemburg), 2018, Collateralization 7th Luxembourg Asset Management Central Bank of Ireland: Dublin (Ireland), Summit, 15 October 2018 2018 Banking, Credit and Macroprudential policy: What Can We Learn from Micro Data?, 3 December 2018 GOURIER E. (GOURIER E., KONTOGHIORGHES A.) Idiosyncratic Equity and Variance KARAPETYAN A. Risk To Ask or Not to Ask? Collateral University of Pisa: Pise (Italy), 2018, versus Screening in Lending 12th International Conference on Relationships Computational and Financial Econometric Bank of Portugal: Lisbonne (Portugal), (CFE), 14 December 2018 2018 Workshop on Connecting the Real Economy and the Financial System:

Theory and Empirics, 24 October 2018 HONG J.

(HONG J., WANG N.) Debtholder-Shareholder Conflict LESCOURRET L. and CEO Compensation: Evidence (BOUSSETTA S., LESCOURRET L., from Credit Default Swaps MOINAS S.) The Role of Pre-opening UNSW Business School: Sydney (Australia), 2018, 31st Australasian Mechanisms in Fragmented Finance & Banking Conference, Markets 12 December 2018 Northern Finance Association (NFA): Charlevoix (Canada), 2018 Northern Finance Association, 21 September 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 61

LI J. RONCORONI A. (HUANG T., LI J., WU F.) A Theory of Corporate Hedge Asymmetric Variance Premium, Design Skewness Premium, and the Cross- Washington University: St Louis (U.S.A.), Section of Stock Returns 2018 Supply Chain Finance & Risk Shanghai Advanced Institute of Finance Management Workshop, 13 May 2018 (SAIF): Tianjin (China), 2018 China International Conference in Finance RONCORONI A. (CICF), 10 July 2018 (GUIOTTO P., RONCORONI A.) Optimal Positioning in the LI J. Derivative Market: Review, (HUANG T., LI J.) Foundations, and Trends Option-Implied Variance Université Laval: Québec (Canada), 2018 Asymmetry and the Cross-Section Symposium on Energy and Finance, of Stock Return 16 November 2018 University of Xiamen: Xiamen (China), 2018, 2nd Greater China Area Finance TEDONGAP R. Conference, 23 June 2018 (FEUNOU B., LOPEZ ALIOUCHKIN R., TEDONGAP R., XU L.) MARTEL J. Variance Premium, Downside Risk, (GEORGAKOPOULOS G., THIERHOFF M., and Expected Stock Returns MARTEL J.) University of Agder: Kristiansand Law & Economics: A Valuable (Norway), 2018 FMA European Relationship? Conference, 12 June 2018 INSOL Europe: Athens (Greece), 2018 & INSOL Europe Annual Congress, 4 Lancaster University Management School: October 2018 Lancaster (UK), 2018 Frontiers of Factor Investing, 23 April 2018

RAMOS S. (McCOURT M., RAMOS S.) YADAV V. Persistence and Skill in the Fund Size and Performance: Performance of Mutual Fund Evidence from Daily Returns Families UNSW Business School: Sydney (Australia), 2018, 31st Australasian IPAG Business School: Paris (France), Finance and Banking Conference, 2018 Paris Financial Management 13 December 2018 Conference, 17 December 2018 & ESSEC- Chair on Asset & Risk Management Second Annual Workshop, 16 May 2018

62 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Participations à des comités de lecture/Editorial Board memberships

BARONI M. Zeitschrift für Immobilienökonomie: German Journal of Real Estate Research

DECLERCK F. International Food and Agribusiness Management Review International Journal on Food System Dynamics

MARTEL J. Journal of Empirical Legal Studies

PONCET P. Bankers, Markets & Investors Frontiers in Economics and Finance

RAMOS S. European Journal of Finance

RONCORONI A. Applied Mathematical Finance Journal of Banking and Finance Journal of Commodity Markets Journal of Energy Markets

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 63

Hors Département Faculty at Large

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 65

Participation à un ouvrage Cet article mobilise le concept de double collectif/Book chapter contrainte, « jumeau » de la notion de paradoxe, pour identifier précisément les différentes composantes des paradoxes organisationnels. Cet inventaire permet ANCELIN-BOURGUIGNON A. de montrer comment les doubles Le "nouveau" contrôle de gestion contraintes se sont récemment du XXe siècle tardif : ce qui a multipliées, notamment avec le (hélas) vraiment changé développement conjoint des instruments in: L'histoire comme méthode pour de gestion et de certains discours, et par comprendre le management. Mélanges quels processus elles produisent du stress en l'honneur du Professeur Marc Nikitin et de la souffrance au travail. Cette Floquet M., Labardin P., Levant Y. (eds.) analyse permet de formuler des L'Harmattan : Paris (France), pp. 123-141 propositions qui permettent d’en limiter Ce chapitre comment la diffusion, en les effets dommageables pour les France, des méthodes de ce qu'on personnes et les organisations. appelé, dans la dernière décennie du 20e This article uses the sister concept of siècle, le "nouveau" contrôle de gestion, a paradox – double bind – to precisely activement contribué à l'intensification de capture the various components of la mesure et du contrôle dans les organizational paradoxes. This inventory organisations – intensification qui a enables us to show how double binds conduit à la dégradation des conditions have recently drastically increased, de travail et de la santé au travail. notably with the simultaneous diffusion of This chapter shows how management management systems and specific control methods which developed in discourses; and by which processes they France during the late XXth century as generate stress and ill-being at work. This so-called "new" management control, analysis opens up paths for practice have actively contributed to the lowering the detrimental effects of intensification of measurement and paradoxes, both for persons and control in organizations – and how they organizations. have consequently led to the Mots-clés : Double contrainte - deterioration of working conditions and Instruments de gestion - Paradoxe - health at work. Performance - Rémunération variable Mots-clés : Contrôle de gestion - Keywords: Double Bind - Management Intensification du travail - Performance Systems - Paradox - Performance - Keywords: Intensification of Work - Performance-Based Compensation Management Control - Performance

Article dans une revue/Journal article

ANCELIN-BOURGUIGNON A. La dynamique des doubles contraintes dans les organisations. Propositions pour limiter leur caractère toxique Revue Française de Gestion, vol. 44, n° 270, 2018, pp. 143-157

66 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Communication publiée dans des actes de conférence/Article published in conference proceedings

ANCELIN-BOURGUIGNON A. (ANCELIN-BOURGUIGNON A., CHARRIER B.) 'Why Do You Want to Do This Research (With Me)? ' A Collaborative Interdisciplinary Research Method in: Surprise in and around Organizations: Journeys to the Unexpected, EGOS 2018 (Subtheme 24) Proceedings European Group for Organizational Studies (EGOS): Tallinn (Estonia), 34th EGOS Colloquium, 5-7 July 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 67

Management Management

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 69

Ouvrage/Book économique et sociale fertile et revigorante pour tout le monde. Laquelle

complexité est, comme le souligne avec PERETTI J.-M. fermeté Edgar Morin, non pas une notion Gestion des ressources humaines solution ou réponse, mais une notion [22e édition] « problème » ou une notion qui implique Vuibert: Paris (France), 2018, 304 p. un engagement déterminé pour l'avenir. Cette nouvelle édition enrichie prend en compte l’évolution rapide de tous les CERDIN J.-L. domaines de la GRH dans un contexte de (BREWSTER C., CERDIN J.-L.) transformation numérique, de globalisation et de changement socio- HRM in Mission Driven culturels. Les nouvelles responsabilités de Organizations: Managing People in la fonction RH, le renouvellement des the Not for Profit Sector politiques, des pratiques et des outils Springer: Cham (Switzerland), 2018, sont présentés et illustrés. 300 p. This new edition takes into account the This edited collection examines human rapid changes in all areas of HRM in the resource management in organizations context of digital transformation, other than those that are set up to make globalization and socio-cultural change. a profit. Covering human resource New responsibilities of HR, policy management in a number of different renewal, practices and tools are kinds of mission-driven organizations, the presented and illustrated. book explores organizations in sectors Mots-clés : Développement des and industries such as the governmental compétences - Fonction RH - and intergovernmental public sector, Rémunération globale - SIRH volunteer organizations and charities, Keywords: HR - HRMS - Skills religious organizations, cultural Development - Total Compensation organizations, sports organizations and B-corporations. Recognizing the reality of Direction d'ouvrages management practice in the (many small) collectifs/Edited books organizations covered by the book, the chapters deal with the way that people are actually managed whether or not BIBARD L. there is an HRM department present. (MORIN E., BIBARD L.) Students of business management and Complexité et organisations : faire human resource management will find this book invaluable as a source of face aux défis de demain knowledge on not for profit Eyrolles: Paris (France), 2018, 432 p. organizations, as many of the chapters Notre monde se complexifie de jour en include detailed examples and case jour sur tous les plans – économique et studies. financier, géologique et géopolitique. Cet

ouvrage propose, par le biais de contributions de chercheurs en sciences PERETTI J.-M. de gestion, de s'interroger sur cette (FRIMOUSSE S., PERETTI J.-M.) complexité croissante. Il présente la L'apprenance au service de la manière dont, au sein de l'une des performance institutions d'enseignement des affaires EMS (Éditions Management et Société): les plus importantes en France et dans le Caen (France), 2018, 264 p. monde, est mené l'effort d'une connaissance de la complexité de la vie

70 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

L’apprenance repose sur l’idée de Morin E., Bibard L. l’apprentissage tout au long de la vie. Eyrolles: Paris (France), 2018, chap. 22, L’apprenance rapproche la formation et pp. 363-380 le travail, jusqu’à les fusionner.

L’organisation est ainsi appelée à devenir « apprenante », après avoir été souhaitée BIBARD L. « qualifiante ». L'ouvrage rassemble les Inséparables complexité et besoin contributions de 35 experts. de simplicité Mots-clés : Apprenance - Apprentissage - in: Complexité et organisations : faire Formation face aux défis de demain Morin E., Bibard L. (eds.) PERETTI J.-M., THÉVENET M. Eyrolles: Paris (France), 2018, chap. 25, pp. 405-410 (PERETTI J.-M., PLANE J.-M., SCOUAREC A., THÉVENET M.) Une vision des ressources BIBARD L. humaines sans frontières La mort, la souffrance et la joie EMS (Éditions Management et Société): in: Face à la mort Caen (France), 2018, 405 p. MA Editions-ESKA: Paris (France), 2018, Cet ouvrage collectif offre une vision chap. 4, pp. 56-74 renouvelée et élargie des ressources Face à la mort est un ouvrage collectif humaines nourrie des apports d’une d’actualité à caractère pluridisciplinaire recherche interdisciplinaires à travers réalisé sous la coordination de Jacques trente et un chapitres écrits par les DELGA. Son originalité résulte de la meilleurs experts internationaux. variété des disciplines auxquelles Mots-clés : Frontières - Recherche - appartiennent les auteurs et qui offre Ressources humaines – RSE autant de points de vue.

Participation à des ouvrages BIBARD L. collectifs/Book chapters Manager l’inattendu : la complexité, un sensemaking BERNARD A. distribué Alterner le temps du savoir et le in: Complexité et organisations : faire temps de la pratique. face aux défis de demain Morin E., Bibard L. (eds.) L'apprentissage, une pédagogie Eyrolles: Paris (France), 2018, chap. 21, ouverte de l'"en même temps" pp. 353-362 in: Une vision des ressources humaines sans frontières Peretti J.-M., Plane J.-M., Scouarnec A., BOUCHIKHI H. Thévenet M. (eds.) Peut-on diriger avec la EMS (Éditions Management et Société): complexité ? Caen (France), 2018, chap. 19, pp. 251-268 in: Complexité et organisations : faire face aux défis de demain BIBARD L. Morin E., Bibard L. (eds.) Eyrolles: Paris (France), 2018, chap. 9, Éthique et complexité pp. 157-172 in: Complexité et organisations : faire face aux défis de demain

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 71

BOURGEON L. un aperçu de l’épistémologie qui peut L'organisation par processus, un animer les praticiens. L’identification de ces « règles clés de voûte » fait modèle d'organisation apprenante apparaître des objets hybrides, entre in: L'apprenance au service de la rationalité et construction sociale. performance Bounded-rational managerial actors Frimousse S., Peretti J.-M. (eds.) struggling to process information often EMS (Éditions Management et Société): use a limited set of theories of action Caen (France), 2018, chap. 4, pp. 52-59 expressed as simple rules. We assume a Cet article décrit sous quelles conditions hierarchical structure where some (Management des Ressources Humaines) keystone rules play a disproportionate l'organisation par processus (ou role in guiding action and cognitions. We organisation par projets) est une establish the complexity of determining organisation apprenante. an efficient set of such keystone rules, This article describes under what and therefore the necessity of using conditions (HR Management) the meta-heuristic approaches, such as organization by process (or project- evolutionary processes where the based organization) constitutes a computationally hard problem of picking learning organization. an optimal set of rules is solved by a Mots-clés : Apprentissage organisationnel social calculation. We explore the - Management des ressources humaines - development of keystone rules among Organisation apprenante - Organisation entrepreneurs and find that the emergent par processus - Processus - Projet keystone rules among the observed Keywords: HR management - Learning entrepreneurs do not match existing Organizations - Organization by process - “scientific” theories but have particular Organizational Learning - Project-based epistemic properties, such as fuzziness, Organisation inconsistency, counter-factual, as well as being polymorphic and self-fulfilling. CAVARRETTA F. Furthermore, inductive reasoning suggest that keystones rules evolve as bundle, Une exploration des propriétés due to interactions inter-rules shaping the épistémiques des règles « clés de emerging set. Such bundles of keystone voûte » des entrepreneurs exhibit paradigm dynamics as they follow in: Complexité et organisations : faire a sequence of punctuated equilibria. The face aux défis de demain identification of keystone rules fills a Morin E., Bibard L. (eds.) theoretical gap between rational decision Eyrolles: Paris (France), 2018, chap. 4, and social construction perspectives. pp. 83-96 Mots-clés : Cognition - Complexité - Comment les entrepreneurs Epistémologie - Performance sélectionnent-ils les quelques règles Keywords: Cognition - Complexity - fondamentales qui guident leur action ? Epistemology - Performance Quelles en sont les propriétés épistémiques ? Sur la base d’une étude CERDIN J.-L. empirique, et en mobilisant l’outil de l’algorithme génétique, l’auteur décrypte (CERDIN J.-L., DOLAN S.) le processus par lequel un ensemble de Des mobilités sans frontières règles s’impose parmi un groupe in: Une vision des ressources humaines d’acteurs. Même si elles ne correspondent sans frontières pas toujours à une théorie validée EMS (Éditions Management et Société): scientifiquement, elles ne peuvent pas Caen (France), 2018, chap. 18, pp. 233-241 être entièrement rejetées et fournissent

72 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

CERDIN J.-L. CERDIN J.-L. (CERDINCERDIN J.-L., J.-L. SHARMA K., TARIQUE I., (BREWSTERCERDIN J.-L. C., CERDIN J.-L., PURPURA(CERDIN J.-L., C.) SHARMA K., TARIQUE I., SHARMA(BREWSTER K.) C., CERDIN J.-L., TalentPURPURA Management C.) in Mission- GlobalSHARMA Talent K.) Management in the DrivenTalent OrganizationsManagement in Mission- Not-for-ProfitGlobal Talent SectorManagement in the in:Driven HRM inOrganizations Mission Driven Organizations: in:Not-for-Profit Competencies Sector and (Global) Talent Managingin: HRM in People Mission in Driven the Not Organizations: for Profit Managementin: Competencies and (Global) Talent SectorManaging People in the Not for Profit MacadoManagement C. (ed.) BrewsterSector C., Cerdin J.-L. (eds.) Springer:Macado C. Cham (ed.) (Switzerland), 2018, Springer:Brewster ChamC., Cerdin (Switzerland), J.-L. (eds.) 2018, chap.Springer: 1, pp. Cham 1-24 (Switzerland), 2018, chap.Springer: 9, pp. Cham 237-277 (Switzerland), 2018, chap. 1, pp. 1-24 Thischap. chapter 9, pp. 237-277examines how the concept ofThis Talent chapter Management, examines howthat wasthe concept CERDIN J.-L. developedof Talent Management, in and for the that profit-driven was (CERDINCERDIN J.-L., J.-L. BREWSTER C.) sector,developed might in workand for in the clearlyprofit-driven different Management(CERDIN J.-L., BREWSTERof People inC.) Mission- contextsector, mightof mission work driven in the organizations.clearly different DrivenManagement Organizations: of People Current in Mission- State Utilizingcontext ofa series mission of drivencase studies, organizations. we apply andDriven Future Organizations: Directions Current State aUtilizing consistent a series framework of case to studies, analyse we talent apply in:and HRM Future in Mission Directions Driven Organizations: managementa consistent framework in these organizations to analyse talent and find that the concept is relatively new Managingin: HRM in People Mission in Driven the Not Organizations: for Profit management in these organizations and amongst them, that it operates differently SectorManaging People in the Not for Profit find that the concept is relatively new fromamongst the privatethem, that sector it operates and differently differently BrewsterSector C., Cerdin J.-L. (eds.) fromfrom organizationthe private sector to organization. and differently There Springer:Brewster ChamC., Cerdin (Switzerland), J.-L. (eds.) 2018, arefrom opportunities organization for to mutualorganization. learning. There chap.Springer: 10, pp. Cham 279-294 (Switzerland), 2018, Kareey wopportunitiesords: Médecins for Sansmutual Frontières learning. - Thischap. chapter 10, pp. introduces279-294 the book. We OCHAKeywo -r dTalents: Médecins Management Sans Frontières - UNDP - - outlineThis chapter what weintroduces mean by the ‘mission-driven book. We UNICEFOCHA - Talent Management - UNDP - organizations’outline what we and mean identify by ‘mission-driven their specific UNICEF features.organizations’ We outline and identify what we their mean specific by humanfeatures. resource We outline management, what we mean noting by that DONADA C. wehuman take resource a broad viewmanagement, and that wenoting include that LaDONADA complexité C. de l’électromobilité organizations that may be smaller and we take a broad view and that we include in:La Complexité complexité et deorganisations l’électromobilité : faire haveorganizations no specific that HRM may professionals. be smaller and We facein: Complexité aux défis de et demainorganisations : faire discusshave no the specific wider HRM range professionals. of stakeholders We Morinface aux E., Bibarddéfis de L. demain (eds.) typicaldiscuss in the analyses wider rangeof not-for-profit of stakeholders Eyrolles:Morin E., ParisBibard (France), L. (eds.) 2018, chap. 12, organizationstypical in analyses and the of not-for-profitimportance of pp.Eyrolles: 203-216 Paris (France), 2018, chap. 12, transparencyorganizations and and the the importance importance of of pp. 203-216 outcomes—outcomestransparency and the thatimportance are not of measuredoutcomes—outcomes by financial profitthat are and not loss. KOENIG C. Finally,measured we byintroduce financial each profit of andthe chaptersloss. HigherKOENIG Education C. in Management: inFinally, the book. we introduce each of the chapters Higher Education in Management: Kine ythewo book.rds: Human Resource Management The Case of Singapore -K Mission-Driveneywords: Human Organizations Resource Management - Not for in:The The Case Future of ofSingapore Management Education Profits- Mission-Driven - Outcomes Organizations - Stakeholders - Not - for Dameronin: The Future S., Durand of Management T. (eds.) Education TransparencyProfits - Outcomes - Stakeholders - PalgraveDameron Macmillan: S., Durand London T. (eds.) (UK), 2018, Transparency chap.Palgrave 10, pp.Macmillan: 235-245 London (UK), 2018, Cechap. chapitre 10, pp. analyse 235-245 l'émergence de SingapourCe chapitre comme analyse plaque l'émergence tournante de asiatiqueSingapour de comme l'enseignement plaque tournante de la gestion, parasiatique la montée de l'enseignement en puissance d'institutions de la gestion, par la montée en puissance d'institutions

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 73

locales et 'installation d'instituions PERETTI J.-M. internationales. (PERETTI J.-M., MADOUM M., This chapter describes the emergence of AUTISSIER D.) Singapore as an Asian hub for management education through the ARTHASAHTRA de Kautilya, development of local universities and the THIRUKKURAL de Thiruvalluvar: creation of campuses by foreign L'inde ancienne au service de insitutions. l'humain Mots-clés : Politique d'éducation - in: ARTHASAHTRA de Kautilya, Stratégie de hub THIRUKKURAL de Thiruvalluvar: L'inde Keywords: Education Policy - Hub - ancienne au service de l'humain Management Education IRM: Coimbatore (India), 2018 Pour aborder les thématiques du METIU A. changement, de l'éthique et de la gouvernance, l'enseignement des auteurs (MUKERJEE J., METIU A.) de l'Inde ancienne au 3ème siècle avant Ethnographic Images of Work: JC, ARTHASAHTRA de Kautilya, Lessons from Journalism THIRUKKURAL de Thiruvalluva, est in: Routledge Companion to Qualitative d'actualité et offre des clés pour conduire Research in Organization Studies le changement que nous fait découvrir Raza Mir, Jain S. (eds.) cet ouvrage en trois langues. Routledge: New York (U.S.A.), 2018, Mots-clés : Arthasashtra - Changement - chap. 13, pp. 185-199 Gouvernance - Inde - Thirukkural Le chapitre développe une comparaison entre ethnographie et journalisme en identifiant les principales similarités et PERETTI J.-M. différences, et suggère que les écrits La gestion des ressources ethnographiques pourraient gagner en humaines racontée par les s'inspirant des pratiques journalistiques. romanciers au XIXe siècle In this chapter we provide a comparison in: Mélanges en l’honneur du professeur between ethnography and journalism, Jean-Yves COPPOLANI identify their main similarities and Editions la Mémoire du Droit: Paris differences, and provide suggestions (France), 2018, chap. 38, pp. 777-792 about ways in which ethnographic A travers une sélection de romans publiés reports of work can benefit from au XIXe siècle, de Victor Hugo et Emile following several specific journalism Zola, à la Contesse de Ségur, ce chapitre practices. présente une vision engagée des pratiques de Gestion des Ressources NESTOROVIC C. Humaines et une première approche de la Global Marketing and Islamic responsabilité sociale Mots-clés : Droit - GRH - Littérature - RSE Countries in: Islamic Marketing and Branding: Theory and Practice PERETTI J.-M. Melewar T. C., Syed Alwi S. F. (eds.) Le management des ressources Routledge: London (UK), 2018, chap. 8, humaines à travers des romans du pp. 177-190 XIXe siècle in: Littérature et management. Le management comme roman et le manager comme romancier ?

74 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

De Geuser F., Guénette A. M. (eds.) EMS (Éditions Management et Société): L'Harmattan: Paris (France), 2018, Caen (France), 2018, chap. 1, pp. 12-20 pp. 45-58 Mots-clés : Apprenance - Apprentissage - Et si manager, c'était raconter de belles Formation histoires avec style ? Et si la littérature nous disait plus de choses sur l'organisation du travail que les livres de THIETART R. gestion ? Séminaire de recherche sur la What if management was to tell beautiful complexité et la pensée complexe stories with style? And what if literature in: Complexité et organisations : faire told us more about work organization face aux défis de demain than management books? Morin E., Bibard L. (eds.) Mots-clés : Livres de gestion - Manager - Eyrolles: Paris (France), 2018, chap. 3, Organisation du travail pp. 73-82 Keywords: Management books - Manager - Work Organization Articles dans des revues/Journal articles PERETTI J.-M.

Pour des DRH administrateurs indépendants BARTHÉLÉMY J. in: Manifeste. Donner aux DRH la Why Best Practices Often Fall Short légitimité à siéger dans les CA en tant Sloan Management Review (MIT), vol. 59, qu'administrateurs indépendants et n° 3, 2018, pp. 85-87 promouvoir l'engagement citoyen des La plupart des dirigeants sont fascinés Conseils d'Administration par les "meilleures pratiques". Added E. (ed.) Malheureusement, leurs attentes sont RH&M Editions: Paris (France), 2018, souvent irréalistes. chap. 3, pp. 105-107 For many leaders, the allure of best Améliorer le système français actuel de practices is strong and their expectations gouvernance d'entreprise apparait for results are unrealistic. souhaitable pour répondre aux attentes Mots-clés : Meilleures pratiques - des actionnaires et de l'ensemble des Performance parties prenantes. Keywords: Best Practices - Success Improving the current system of corporate governance appears desirable BIBARD L. to meet the expectations of shareholders and all stakeholders. Pour transformer, reconnaître Mots-clés : Actionnaire administrateurs - d’abord ! Gouvernance Question(s) de Management, n° 21, 2018 Keywords: Director shareholders - Développer la capacité de transformation Governance est une question à fort enjeu pour les chercheurs en sciences de gestion et

pour les dirigeants. C’est pourquoi PERETTI J.-M. dirigeants et enseignants-chercheurs ont (FRIMOUSSE S., PERETTI J.-M.) été sollicités dans le cadre de la Tous apprenants : Serial Learner et traditionnelle rubrique « regards Rebel Talent croisés », pour répondre à la question : in: L'apprenance au service de la « Comment développer la capacité de performance transformation d’une organisation ? »

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 75

success across countries, discuss the BOURGEON L. importancesuccess across of schemas countries, for discuss organisational the Ubérisation,BOURGEON innovation, L. careerimportance systems of schemasin multinational for organisational Ubérisation, innovation, enterprises,career systems and inpropose multinational specific désintermédiation… Petit lexique guidelinesenterprises, for and future propose comparative specific careers dedésintermédiation… la digitalisation Petit lexique research.guidelines for future comparative careers Gestionsde la digitalisation Hospitalières, 2018, pp. 22-24 research. CetGestions article Hospitalières, définit brièvement 2018, lespp. termes22-24

courantsCet article associés définit brièvementà la transformation les termes CERDIN J.-L. digitalecourants que associés sont l’ubérisation, à la transformation (DICKMANNCERDIN J.-L. M., CERDIN J.-L.) l’innovationdigitale que disruptive sont l’ubérisation, ou encore la Exploring(DICKMANN the M., Development CERDIN J.-L.) and désintermédiation.l’innovation disruptive ou encore la TransferExploring of the Career Development Capital in andan Thisdésintermédiation. article defines some of the most InternationalTransfer of Career Governmental Capital in an usual terms associated with the digital This article defines some of the most OrganizationInternational Governmental transformationusual terms associated of organizations: with the digital uberization,transformation disruptive of organizations: innovation or InternationalOrganization Journal of Human Resource disintermediation.uberization, disruptive innovation or Management,International Journalvol. 29, n°of Human15, 2018, Resource Mdisintermediation.ots-clés : Organisation - Santé - pp.Management, 2253-2283 vol. 29, n° 15, 2018, TransformationMots-clés : Organisation digitale - Santé - Cettepp. 2253-2283 étude examine les comportements KTransformationeywords: Digital digitale Transformation - globauxCette étude autogestion examine de les carrière comportements du HealthcareKeywords: -Digital Organisation Transformation - personnelglobaux autogestion dans une organisation de carrière du Healthcare - Organisation gouvernementalepersonnel dans une internationale organisation (OIG). La littératuregouvernementale sur les carrières internationale mondiales (OIG). fait La CERDIN J.-L. valoirlittérature que lessur individus les carrières devraient mondiales fait (KACERDINŠE R., DRIES J.-L. N., BRISCOE J. P., maximiservaloir que leurles individus capital de devraient carrière, COTTON(KAŠE R., R. DRIES D., APOSPORI N., BRISCOE E., CERDIN J. P., J.- opérationnalisémaximiser leur capitaldans le de concept carrière, de carrièreopérationnalisé intelligents dans (IC) le conceptque les de L.COTTON et al) R. D., APOSPORI E., CERDIN J.- compétences,carrière intelligents les réseaux (IC) que sociaux, les et les CareerL. et al) Success Schemas and Their motivationscompétences, des les personnes réseaux sociaux, liées à leur et les ContextualCareer Success Embeddedness: Schemas and A Their carrière.motivations Le concept des personnes IC implique liées queà leur le ComparativeContextual Embeddedness: Configurational A capitalcarrière. de Le carrière concept est IC transférable implique que et lefait PerspectiveComparative Configurational valoircapital que de lescarrière composants est transférable de circuits et fait HumanPerspective Resource Management Journal, intégrésvaloir que sont les interdépendantscomposants de circuitset se 2018,Human doi: Resource 10.1111/1748-8583.12218 Management Journal, renforcentintégrés sont mutuellement. interdépendants et se This study investigates global career self- We2018, introduce doi: 10.1111/1748-8583.12218 career success schemas as renforcent mutuellement. managementThis study investigates behaviors globalof staff career in an self- criticalWe introduce for understanding career success how schemas people in as internationalmanagement governmental behaviors of stafforganization in an differentcritical for contexts understanding perceive how and people in (IGO).international The literature governmental on global organization careers understanddifferent contexts career perceivesuccess. Usingand a argues(IGO). Thethat literatureindividuals on should global maximize careers comparativeunderstand career configurational success. Using approach, a theirargues career that capital,individuals operationalized should maximize in the wecomparative show, in a configurationalstudy of 13 countries, approach, that intelligenttheir career careers capital, (IC) operationalized concept as in the twowe show,structural in a studycharacteristics of 13 countries, of career that competencies,intelligent careers social (IC) networks, concept andas successtwo structural schemas—complexity characteristics ofand career motivationscompetencies, of personssocial networks, related to and their convergence—differsuccess schemas—complexity across country and careers.motivations The ICof conceptpersons relatedimplies tothat their contextsconvergence—differ and are embedded across country in specific careercareers. capital The IC is concepttransferable implies and that argues configurationscontexts and are of institutionalembedded in factors. specific thatcareer IC componentscapital is transferable are interrelated and argues and Adoptingconfigurations complexity of institutional and convergence factors. as selfreinforcing.that IC components We explored are interrelated these and primaryAdopting dimensions, complexity we and propose convergence a as assumptionsselfreinforcing. through We explored a case study these in a taxonomyprimary dimensions, of career success we propose schemas a at Unitedassumptions Nations through (UN) organization. a case study We in a thetaxonomy country of level. career Based success on this schemas at foundUnited that Nations the UN (UN) organization organization. had We high taxonomy,the country we level. contribute Based on to thisthe barriersfound that to careerthe UN capital organization transfer had high understandingtaxonomy, we ofcontribute subjective to careerthe barriers to career capital transfer understanding of subjective career

76 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

between head office and field stations. DONADA C. Therefore, the IGO staff experienced Leadership in the Electromobility conflicting demands in terms of their career capital behaviors. Many staff did Ecosystem: Integrators and not focus on maximizing their career- Coordinators relevant capabilities or social networks. International Journal of Automotive Instead, they pursued international Technology and Management, vol. 18, careers that intentionally sacrificed n° 3, 2018, pp. 249-246 internal career progression in favor of Electromobility is a nascent business their humanitarian aid duties. The ecosystem, in which the position of research adds to the insights of the leadership is not assigned per se, so global careers literature and refines our stakeholders have equal claims on it. understanding of the relationship of the Firms differ according to their strategic organizational center to its foreign paths (build-borrow-buy strategies for affiliates. The findings expose potentially growth) and ability to align their business contradictory behavioral implications of model with the collective imperatives of elements of the IC concept and call for a the ecosystem. On the basis of strategic context-sensitive refinement. Managerial management theory, this article proposes implications for resourcing, development, two hypotheses. First, the firms that build career management, and retention are and master the greatest number of discussed. activities and skills required to offer sale Mots-clés : Carrières - Carrières bundles (i.e., integrators) are best intelligents - La mobilité internationale positioned in the race to leadership, Keywords: Global Careers - Head Office- because of their capacity and ability to Subsidiary Relationship - Intelligent control key resources. Second, and in Careers - International Governmental contrast to the first hypothesis, firms that Organizations - International Mobility are best able to coordinate the ecosystem as a whole (i.e., coordinators) may take precedence. With an empirical DONADA C. study of the strategic actions of Editorial. Special Issue on: stakeholders in the electromobility Electromobility: Towards a New business ecosystem, we reveal different Dominant Design? paths established for individual International Journal of Automotive integrators or coordinators. Technology and Management, vol. 18, Keywords: Build-Borrow-Buy Paths - n° 3, 2018, pp. 179-186 Coordinators - Ecosystem - Electric Vehicle - Electromobility - Integrators - Today, electromobility is no longer a Leadership hypothesis in a set of prospective scenarios on the transformation of the automotive industry. It is an economic, FOURCADET O. technological and political reality based Perceptions d'un évènement par le on the emergence and structuring of a business ecosystem comprising many consommateus et leur jugement actors dealing with energy transition, des mesures de lutte. Excercice original equipment manufacturers d'anticipation dans le cas de (OEMs), public policies, electricity dépistage positif d'animaux à network managers, mobility service l'Encéphalopathie Spongiforme providers and consumers. Bovine (ESB) Epidémiologie et santé animale, n° 73, 2018, pp. 59-69

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 77

Lorsque les consommateurs prennent demonstrate that generations, defined connaissance d’un événement susceptible from their status during the last BSE crisis de nuire à leur santé, comme une in the late 90s, follow significantly annonce dans la presse que trois bovins different mental path. Several ont été dépistés positifs à l’ESB, ils communication strategies are suggested forment un jugement sur leur degré to restore consumers’ trust. d’exposition. Ils élaborent alors des Mots-clés : Attente des consommateurs - stratégies d’évitement – arrêt de la Cadrage mental - Cartes cognitives - consommation – ou d’acceptation selon Effet de génération - Évènement à risque leur perception de celui-ci. Dans le cas du - Porte-parole choix d’évitement, lequel n’est, dans leur Keywords: Cognitive maps - Consumer's esprit, que temporaire, la persévérance expectation - Framing effect - Generation de leur choix dépendra de leur effect - Health-threatening event - perception des mesures de lutte mises en Spokesperson oeuvre par les pouvoirs publics afin d’assurer la qualité sanitaire des denrées alimentaires. Sous quelles conditions JANDHYALA S. sont-ils prêts à accepter de consommer à (GERTZ G., JANDHYALA S., SKOVGAARD nouveau de la viande ? POULSEN L. N.) L’auteur explore les schémas cognitifs (et Legalization, Diplomacy, and émotionnels) des consommateurs en Development: Do Investment situation fictive. Ce travail, réalisé à la Treaties De-politicize Investment demande du Conseil national de l’alimentation, suggère que les Disputes? consommateurs forment des World Development, n° 107, 2018, représentations mentales différentes pp. 239-252 selon leur génération d’appartenance au The United States government often moment des crises des années 1990 et involves itself in foreign investment donc que leurs réponses sont disputes. While high-level diplomacy is substantiellement différentes entre deux common, explicit sanctions and threats générations. Des pistes d’actions de are rare. Investment treaties have no communication sont présentées afin de effect on the likelihood of diplomatic favoriser l’adoption de mesures visant à intervention. There is no empirical restaurer la confiance et la support that US treaties ‘de-politicize’ consommation. investment disputes. When consumers are made aware of an Keywords: Diplomacy - Foreign adverse event that could signal a future Investment - Investment Appraisal - exposure to a health threat such as a Legalization - Multinational Corporations deadly foodborne disease, they assess - Treaty their exposure to the danger. Then they conceive a behavioral strategy. This JENKINS A. strategy depends on their perception of their exposure. If they decide to suspend Understanding and Managing their consumption of the incriminated Intractable Conflicts: A Critical food category, they expect the Assessment of the "Systems authorities to address the public about Dynamics" Approach their action plan to restore trust in the Négociations, vol. 2018, n° 1, 2018, food category. The author explores the pp. 39-58 cognitive scheme of the consumers L'article donne une analyse critique des facing a hypothetical such life- travaux de Peter Coleman qui cherchent threatening context. The results

78 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

à avancer notre compréhension et networks to be developed from scratch gestion des conflits chroniques (ou, en by new actors. The Nigerian mobile anglais, « intractable »). money system may not be a failure, but This article analyzes critically the requiring more time to reach critical "systems dynamics" perspective on mass. intractable conflicts (concerning both Mots-clés : Innovation ecosystem - Mobile their explanation and their management) money - Multilevel perspective (MLP) - developed by Peter Coleman. Network externalities - Sub-Saharan Mots-clés : Chronique - Conflit - Africa Systémique Keywords: Mobile Money - Multilevel Keywords: Conflict - Intractability - Perspective (MLP) - Network Externalities Systemic - Sub-Saharan Africa

LEPOUTRE J. OPERTI E. (LEPOUTRE J., OGUNTOYE A.) Tough on Criminal Wealth? The (Non-)Emergence of Mobile Exploring the Link between Money Systems in Sub-Saharan 5 Organized Crime's Asset Africa: A Comparative Multilevel Confiscation and Regional Perspective of Kenya and Nigeria Entrepreneurship Technological Forecasting and Social Small Business Economics, vol. 51, n° 2, Change, vol. 131, 2018, 2018, pp. 321-335 doi: 10.1016/j.techfore.2017.11.010 Cet article aborde la question « Comment Nous faisons une comparaison du la lutte contre le crime organisé affecte-t- développement des écosystèmes de elle l'entrepreneuriat régional? » Nous mobile money en Kenya (haut) et Nigeria nous concentrons sur la confiscation (bas). L'émergence d'un écosystème d'actifs en relation avec les liens mobile money dépend d'externalités de présumés de leurs propriétaires avec le réseaux des usagers et réseaux d'agents. crime organisé, une mesure politique très En Kenya, le contexte facilitait une controversée contre le crime organisé. émergence rapide d'une masse critique Prolongeant le travail sur les institutions d'usagers et réseaux d'agents. Le et l'entrepreneuriat régional, nous contexte en Nigeria était tel que les proposons que la confiscation ait des régulateurs devaient exiger que les effets contrastés sur les entrées réseaux d'usagers et agents se régionales. D'une part, la confiscation des développent de "scratch". Le actifs économiques associés aux activités développement du système mobile légitimes des organisations criminelles money en Nigeria n'est peut-être pas dans une région réduit la concurrence et encore un échec, mais nécessite plus de déclenche le renouvellement, favorisant temps pour atteindre une masse critique. de nouvelles entrées. D'un autre côté, la We compare the mobile money saisie des organisations criminelles. ecosystem development between Kenya This paper addresses the question “How (high) and Nigeria (low). Mobile money does the fight against organized crime ecosystem emergence depends on affect regional entrepreneurship?” We network externalities of user and agent focus on asset confiscation in relation to networks. In Kenya, conditions were such alleged connections of their owners with that a critical mass of fragmented user organized crime, a highly debated policy and agent networks could be quickly measure against organized crime. reached. The Nigerian conditions forced Extending work on institutions and regulators to de facto require user regional entrepreneurship, we propose

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 79

that confiscation has contrasting effects stronger over time, attesting that on regional entries. On the one hand, relational constraints persist in developed confiscation of economic assets markets. Our fieldwork reveals that the associated with criminal organizations’ constraining ability of rivalry is based on legitimate activities in a region reduces conformity to expectations of loyalty and competition and triggers renewal, adherence to group identities. The fostering new entries. On the other hand, observed relational gaps are pertinent seizure of criminal organizations’ not only to scholarship on rivalry but also operational assets weakens their ability to to mobility and network research. exercise sovereignty, creating an Keywords: Interorganizational Linkages - institutional vacuum that lowers founding Network Analysis - Organization and rates. Our results, based on a longitudinal Management Theory - Organizational study of Italian provinces between 2009 Behavior - Research Design - Research and 2013, provide support for both Methods - Social Network - Team hypotheses. We also find that the Processes negative effect associated with the confiscation of operational assets is mitigated when local governments have PERETTI J.-M. policies facilitating asset redeployment. (FRIMOUSSE S., PERETTI J.-M.) Mots-clés : Entreprenariat - Institutions Comment développer la capacité Keywords: Confiscation - Founding Rates de transformation d'une entreprise - Institution - Organized Crime Question(s) de Management, n° 21, 2018, pp. 157-158 OPERTI E., SGOUREV S. La capacité de transformation, entendue comme la capacité qu’ont les personnes, From Montagues To Capulets? les groupes internes et les parties Analyzing the Systemic Nature of prenantes de modifier leurs cadres et Rivalry in Career Mobility modèles mentaux de référence, constitue Academy of Management Journal, 2018, une capacité organisationnelle clef. doi: 10.5465/amj.2017.0662 Quarante dirigeants et enseignants- The paper proposes a systemic theory of chercheurs proposent des pistes pour la rivalry that addresses a key limitation of développer. past research by articulating how rivalry Mots-clés : Changement - Transformation spreads across levels of analysis and between social domains. Shifting the perspective from what rivalry does to PERETTI J.-M. what it prevents from doing, we (FRIMOUSSE S., PERETTI J.-M.) conceptualize rivalry as a system of Comment l’entreprise peut-elle relational constraints that extends répondre à l’exigence croissante de beyond the level of direct rivals. Using respect qui se manifeste tant en qualitative and quantitative data on the son sein qu’à son égard ? mobility of jockeys in the Palio di Siena Question(s) de Management, n° 22, 2018, (1743-2011), the famous horse race in pp. 157-168 Siena, Italy, we document relational gaps Le manque de respect perçu limite la in the mobility network – career moves fidélisation et l’engagement des salariés that do not occur, even if expected on comme des consommateurs; l’exigence economic grounds. The analysis shows croissante de respect nécessite de mettre that rivalry constrains not only the moves en place une culture organisationnelle to rivals but also to allies of rivals and reposant sur cette valeur. Quinze rivals of allies. The effect becomes dirigeants et enseignants-chercheurs

80 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

répondent à la question: « Comment Le Slasheur ainsi nommé par référence à l’entreprise peut-elle répondre à la barre oblique du et/ou appelée slash l’exigence croissante de respect qui se en anglais, exerce différentes fonctions manifeste tant en son sein qu’à en parpluallèle. son égard ? ». The Slasher, so named by reference to the sign “/” on the keyboard (slash), which separates their various professional PERETTI J.-M. activities. Etat de la recherche sur la transformation organisationnelle RH&M, Ressources Humaines et RAMASWAMI A. Management, n° 71, 2018, pp. 44-45 (DUST S. B., RODE J. C., ARTHAUD-DAY M. L., HOWES S. S., RAMASWAMI A.) Managing the Self-Esteem, PERETTI J.-M. Employment Gaps, and Fonction RH des années 2020 : Employment Quality Process: The quelle place pour l'innovation Role of Facilitation- and sociale ? Understanding-Based Emotional Personnel, n° 590, 2018 Intelligence Journal of Organizational Behavior, vol. PERETTI J.-M. 39, n° 5, 2018, pp. 680-693 La construction du sens au travail The job search literature addresses characteristics that facilitate "sensemaking" versus "brown-out" reemployment but does not address the Ressources Humaines & Management, management of employment gaps. vol. 4, n° 69, 2018, pp. 44-45 Building upon prior job search research, Les entreprises sont confrontées au we suggest that facilitation-based risque croissant du brown-out, cette emotional intelligence reduces pathologie vécue par un salarié qui ne employment gaps through self-esteem. comprend pas le sens de son travail. Pour Further, understanding-based emotional favoriser l'appropriation du travail et intelligence moderates the negative lutter contre la perte de sens, les DRH relationship between employment gaps peuvent s'appuyer sur les recherches and subsequent employment fit. We test portant sur le "Sense Making". these hypotheses employing a multiwave Companies are faced with the growing data collection of 157 workers. At Time 1, risk of brown-out, a pathology undergraduate students completed a experienced by an employee who does measure of self-esteem and a test of not understand the meaning of his work. facilitation- and understanding-based To promote the appropriation of work emotional intelligence using the Mayer– and fight against the loss of meaning, Salovey–Caruso Emotional Intelligence HRD can rely on research on the "Sense Test© V2.0. Ten years later (Time 2), the Making". same individuals reported their Mots-clés : Bien-être - DRH - Pathologie employment gaps, person–organization Keywords: HRD - Pathology - Well Being fit, and person–job fit. Findings suggest that facilitation-based emotional PERETTI J.-M. intelligence is associated with higher self- esteem, which in turn leads to reduced Le DRH et les Slasheurs employment gaps. Additionally, Personnel, vol. 2, n° 585, 2018, pp. 66-67 understanding-based emotional intelligence moderates the relationship

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 81

between employment gaps and person– the art world and how innovation survives job fit such that low understanding-based under conditions of insufficient demand. emotional intelligence enhances the Keywords: Art collectors - Art market - negative relationship and high Eclecticism - Evaluation - Finance - understanding-based emotional Investment intelligence neutralizes the relationship. This study contributes to the emotional intelligence, career management, and job STRAUSS K. search literatures by illustrating that (STRAUSS K., PARKER S. K.) emotional intelligence plays a role in Intervening to Enhance Proactivity preventing employment gaps and in Organizations: Improving the managing the difficulties associated with Present or Changing the Future subsequent reemployment. Journal of Management, vol. 44, n° 3, Keywords: Emotional Intelligence - 2018, pp. 1250-1278 Employment Gaps - Person-Job Fit - A growing body of evidence has linked Person-Organization Fit - Self-Esteem proactivity at work to positive outcomes. Yet little research to date has SGOUREV S. investigated whether employees’ Strange Bedfellows: Art and proactive behavior in organizations can be facilitated through training and Finance or the Monet-ization of Art development. Nor has research Research in the Sociology of considered which variables shape Organizations, vol. 55, n° 1, 2018, employees’ responses to such pp. 73-101 interventions. We investigate the effects The process of commercialization of art is on proactivity of two theoretically often referred to as “monetization,” distinct training and development denoting the use of art as an investment interventions in a randomized field class. I discuss the reverse mechanism, experiment with police officers and police defined as “Monet-ization,” where support staff (N = 112). We hypothesized investment is overlaid with artistic value, that a problem-focused intervention, and unproven art is imbued with which made discrepancies between the aesthetic qualities. This mechanism is status quo and the ideal present more derived from a historical overview of key salient, would lead to increases in periods in the history of art, such as the individual task proactivity, whereas a flourishing of new genres in early vision-focused intervention, which made 17th century Dutch art and the rise of discrepancies between the status quo Modern art in the early 20th century. An and an ideal future more salient, would analysis of original data on the leading art increase organization member collectors in the world in the period 1990– proactivity. Intervention effects were 2015 highlights the tendency for moderated by role overload and future collectors with an “investor” profile and orientation, respectively. Only individuals eclectic taste to buy contemporary art. with high levels of role overload Combining artworks from diverse periods increased their individual task proactivity and styles, eclectic personal collections as a result of the problem-focused contribute to the conversion of economic intervention, and only individuals high in into aesthetic value by way of spill-overs future orientation increased their across genres and to the attribution by organization member proactivity as a association of “old” value to “new” art. result of the vision-focused intervention. The “Monet-ization” process helps Our study integrates different cybernetic elucidate how paradigm shifts occur in perspectives on how proactivity is

82 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

motivated and provides novel insights Keywords: Banality - Everyday – into moderators of interventions Managerial designed to capture these different mechanisms. From a practical perspective, our study supports WORKIEWICZ M. organizations seeking to implement (WORKIEWICZ M., LEVINTHAL D.-A.) training and development interventions When Two Bosses Are Better than and helps them to determine who might One: Decomposable Systems and benefit most from interventions. Organizational Adaptation Organization Science, vol. 29, n° 2, 2018, THÉVENET M. pp. 207-224 Développer ses talents, ça Organizations, as is true with social systems more generally, tend to be s'apprend ! nearly, not fully, decomposable. However, La Lettre du Cadre Territorial, n° 516, analyses of nearly decomposable systems 2018, pp. 44-45 have tended to be at a single level of Le développement de performances au analysis and have generally neglected the dessus de la moyenne n'a que peu à voir vertical element of nearly decomposable avec des qualités naturelles, innées, d'un systems. Critical to Simon’s notion of individu. nearly decomposable systems is the Above-average performance property that the details of a particular development has little to do with the sub-problem may be encapsulated and natural, innate qualities of an individual. captured by more aggregate parameters Mots-clés : Individu - Performance - and that those sub-problems interact in Qualité an aggregate way. We explore these Keywords: Individual - Performance – issues in reference to the role of three Quality canonical organizational structures in facilitating adaptation in the presence of THÉVENET M. near decomposability: a traditional hierarchy in which a subordinate reports La banalité du quotidien to a single boss, an autonomous form in managérial which the subordinate does not have a La Lettre du Cadre Territorial, vol. 2, direct reporting relationship, and a multi- n° 515, 2018, pp. 34-35 authority structure in which the Vous faire rêvez en vous demandant subordinate reports to multiple bosses. d'inspirer votre management des grands Despite the ubiquity and potential gestes d'hommes et de femmes benefits of multi-authority structures in exceptionnels, dans des circonstances qui coordinating highly interdependent tasks, le sont tout autant, risque de n'avoir our understanding of the mechanisms qu'un effet : rendre le décalage avec that determine the performance of those votre quotidien encore plus dur. structures is still relatively modest. Dreaming that you are inspired to inspire Scholars have noted conflicting empirical your management of the great gestures findings and have called for a more of exceptional men and women, in rigorous approach to study these circumstances that are just as important, organizational forms. To help address may have only one effect: make the shift these issues, we develop an agent-based with your daily life even harder. computational model that compares the Mots-clés : Banalité - Managérial - performance of these three canonical Quotidien types of organizational forms in settings

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 83

characterized by different degrees of Communications publiées dans des complexity and near decomposability. actes de conférence/Articles published in conference YONG K. proceedings (YONG K., MANNUCCI V.) The Differential Impact of CERDIN J.-L. Knowledge Depth and Knowledge (SHARMA K., CERDIN J.-L.) Breadth on Creativity over Capitalizing on Differences: Individual Careers Dynamic Capabilities-Based Global Academy of Management Journal, Talent Management Strategies for vol. 61, n° 5, 2018, doi: 10.5465/amj.2016.0529 Managing Heterogeneous Global While usually argued to be fostering Talent creativity, the effect of knowledge depth in: Proceedings of EURAM18: Research in and breadth on creativity is actually Action – Accelerating Knowledge mixed. We take a dynamic approach to Creation in Management the knowledge-creativity relationship and European Academy of Management argue that the effect of knowledge depth (EURAM): Reykjavik (Iceland), 2018 and knowledge breadth is likely to be contingent on career age. We propose that individuals' knowledge structures CERDIN J.-L. become increasingly rigid as career age (RAMBOARISON-LALAO L., grows and that because of this, MADANAMOOTHOO A., CERDIN J.-L., knowledge depth and breadth have BREWSTER C.) different effects on creativity at different WLB and the Family Decision points of the career. More specifically, we Amongst African Female Migrants hypothesize that knowledge depth is in: Academy of Management more beneficial for creativity in earlier Proceedings, vol. 2018, n° 1 stages of one's career, when creators In this paper we use an exploratory, need to increase the complexity of qualitative study of African female knowledge structures, while knowledge migrants’ integration in France to explore breadth is more beneficial in later stages, the motives of family-planning decision- when flexibility is most needed. We test making in relation to employment and and find support for our hypotheses in a their search of a good Work-life balance longitudinal study set in the context of (WLB). The life stories of nineteen African the Hollywood animation industry, a female migrants highlight their setting characterized by the presence of aspirations to successful socio- a variety of creators involved in professional integration in the country of knowledge-intensive activities. adoption, versus pressure from the Theoretical and practical implications of traditions of their country of origin, on the results are discussed. their decision to have children. We Keywords: Careers - Creativity - identify generational differences and note Knowledge in particular the moderating effect of religion and culture. Qualifications also matter. Five profile types emerge from this exploratory study: the ‘traditionalists’ who conform to religion and customs in their family-planning decision-making; the ‘religious’ who put religion first over

84 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

cultural considerations; the PERETTI J.-M. ‘conservatives’ who act as guardians of (IGALENS J., PERETTI J.-M.) traditional cultural values; the ‘liberals’ L’apport de l’audit social pour who have freed themselves from the constraints of both religion and tradition; promouvoir une croissance and the ‘chameleons’ who adopt a économique soutenue, partagée et situational opportunistic flexibility. We durable et un travail décent pour explore the potential implications for tous themselves and their managers. in: Actes de la 36ème Université de l'Audit Social/ 14èmes Rencontres DONADA C. Internationales de la diversité (CHEN Y., CHOWDHURY S., DONADA C., PEREZ Y.) Communications présentées dans Mirroring Hypothesis and des conférences/Conference Integrality: Evidence from Tesla presentations Motors in: Academy of Management BIBARD L. Proceedings, vol. 2018, n° 1 La Fin de l’Histoire, déjà et pas Viewing the relationship between vertical integration and product architecture encore : la douleur du presque (integrality and modularity) as the accompli “mirroring” hypothesis, we examine the Brussels (Belgium), 2018, Europe Kojève case of Tesla Motors. Besides dedicating 2018, 7 June 2018 an idiosyncratic architecture to battery issues and customers’ range anxiety, Tesla tailors its organization and strategy BIBARD L. for anchoring with key stakeholders in the L'action et la pensée selon Kojève larger EV ecosystem that comprises et Strauss, et la question des charging stations, mobility services, IT, genres and energy providers. Our preliminary Brussels (Belgium), 2018, Europe Kojève analysis demonstrates that, by and large, 2018, 7 June 2018 Tesla pursues a high degree of integrality in product architecture, and thus employs significant vertical integration. Such BOUCHIKHI H. congruence offers initial support for the (BOUCHIKHI H., KIMBERLY J.) mirroring hypothesis in the electric Managing Identity in the vehicle industry. Information Age: New Demands Create New Challenges PERETTI J.-M. University of Ljubljana: Gozd Martuljek Diversité et trajectoires (Slovenia), 2018, 20th Symposium of the professionnelles International Corporate Identity Group, in: 20ème Université de Printemps de 6 June 2018 l’Audit Social et 2èmes Rencontres Internationales de Recherche en Management au Service de l’Économie Insulaire (RIRMSEI)

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 85

CAVARRETTA F. CERDIN J.-L. Epistemic Properties of Theories of (LAZAROVA M., DICKMANN M., Action DIMITROVA M., BREWSTER C., Audencia Nantes School of Management CERDIN J.-L.) & EMAC: Paris (France), 2018, 3rd Abbé Expatriation Success in an Inter- Grégoire Innovation Days, 3 April 2018 Governmental Organization: Career Outcomes in Easy and Hardship CAVARRETTA F. Duty Stations (CAVARRETTA F., HANNAH S. T., Universidad Carlos III: Madrid (Spain), PICCOLO R. F., UHL-BIEN M.) 15th International Human Resource Leadership Beyond the Tipping Management Conference (IHRM), 13-15 June 2018 Point: Towards Discovery of Inversions in LMX Effects LMU / University of Munich: Munich CHAI S. (Germany), 2018 Workshop on Abductive (CHAI S., FREEMAN R.) Reasoning and the Role of Academy of Knowledge Spillover and Management Discoveries, 16 July 2018 Collaboration through Temporary Colocation CAVARRETTA F. McGill University: Montreal (Canada), What If We Took Simon Seriously? 2018 Distances in Organizations Epistemic Properties of Workshop, 11 May 2018 Entrepreneurs' Theories of Action Queensland University of Technology CHAI S. (QUT): Brisbane (Australia), 2018 (CHAI S., DOSHI A., SILVESTRI L.) Australian Centre for Entrepreneurship Learning from and Forgetting Research Exchange (ACERE), 7 February Successes and Failures 2018 (Symposium) & Academy of Management (AOM): Bond University: Edinburgh (UK), 2018 Chicago (U.S.A.), 78th Academy of Research in Management Learning and Management Annual Meeting, Education (RMLE) Unconference, 2 July 10-14 August 2018 2018 & European Group for Organizational CHAI S. Studies (EGOS): Tallinn (Estonia), (CHAI S., DOSHI A., SILVESTRI L.) 34th EGOS Colloquium, 5-7 July 2018 Negotiating the Meaning of Catastrophic Innovation Failure University of Washington: Seattle (U.S.A.), 16th Annual West Coast Research Symposium, 13 September 2018

86 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

CHAI S. DONADA C. Problem Formulation and Near (CHEN Y; CHOWDHURY S; DONADA C; Misses PEREZ, Y) : New York City Mirroring Hypothesis and (U.S.A.), 2018 Open Innovation Integrality: Evidence from Tesla Conference NYU, 6 August 2018 Motors Academy of Management (AOM): CHATTERJEE A. Chicago (U.S.A.), 78th Academy of (CHATTERJEE A., SUNASIR D., Management Annual Meeting, 10-14 August 2018 HAYAGREEVA R.) Fields of Contention: Challengers, Incumbents, and the Use of Boss- DONADA C. napping in Bengal (DONADA C., MOTHE C.) Academy of Management (AOM): Organising Creativity for Chicago (U.S.A.), 78th Academy of Innovation in Emerging Industries: Management Annual Meeting, What Lessons Can Be Learned from 10-14 August 2018 Skunkworks Projects? University of Iceland: Reykjavic (Iceland), CHATTERJEE A. European Academy of Management (CHATTERJEE A., DUTTA S., ROA H.) (EURAM) Annual Conference, 19-22 June Putting Strategy into Strategic 2018 Action Fields: Political Parties and the Use of Gherao in Bengal FOURCADET O. Strategic Management Society (SMS): Perceptions d'un évènement par le Paris (France), 2018 Strategic consommateus et leur jugement Management Society Annual Conference, des mesures de lutte. Excercice 22 September 2018 d'anticipation dans le cas de dépistage positif d'animaux à DONADA C. l'Encéphalopathie Spongiforme (CHEN Y., DONADA C.) Bovine (ESB) How Focal Firms Manage Association pour l'étude de Bottlenecks in Nascent l'épidémiologie des maladies animales Ecosystems: The Case of Electric (AEEMA): Paris (France), Journées Vehicle Ecosystem scientifiques de l’Association pour l'étude de l'épidémiologie des maladies animales Academy of Management (AOM): (AEEMA), 30-31 May 2019 Chicago (U.S.A.), 78th Academy of Management Annual Meeting, 10-14 August 2018 FOURCADET O. Secteur agroalimentaire : Il faut savoir quitter la table de jeu, au bon moment ! UniLaSalle: 2018, Faire face aux risques en agriculture : quels enjeux, quelles perspectives ?, 23 February 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 87

GRÖSCHL S. JANDHYALA S. Interculturalism as a Means (JANDHYALA S., BHATT H.) Toward Sustainable Tourism in How “Developmental” Are Indigenous Islander Communities Developmental Banks? Multilateral Dublin Institute of Technology: Dublin Development Banks as (Ireland), 2018 European Council on Intermediaries in Electricity Hotel, Restaurant & Institutional Generation Projects in India Education (EuroCHRIE), 7-9 November Strategic Management Society (SMS): 2018 Paris (France), 38th Strategic Management Society (SMS) Annual GRÖSCHL S. Conference, 22-25 September 2018 (GRÖSCHL S., GABALDON P., HAHN T.) Why Women Make It to Top JANDHYALA S. Management: Paradoxical and Managing Political Risk – a Role for Intuitive Thinking as Career Multilateral Development Banks in Enablers Private Infrastructure Projects St John’s University: New York (U.S.A.), : Princeton (U.S.A.), 25th Anniversary International Vincentian Global Order and International Society Business Ethics Conference, Workshop, Global Order and International 25-27 October 2018 Society Workshop, Fung Global Fellows Program, 26-27 April 2018 HOANG M. (HOANG H., PERKMANN M., DOWN S.) JANDHYALA S. Staying Close to the Parent: Managing the Public-Private Employee Entrepreneurship and Interface – a Role for International the Creation of Interdependent Organizations Ventures Graduate Institute of International and Strategic Management Society (SMS): Development Studies: Geneva Paris (France), 38th Strategic (Switzerland), International Conference Management Society (SMS) Annual on Blended Development Finance and Conference, 22-25 September 2018 the New Industrial Policy, 8-9 November 2018

JANDHYALA S. Corporate Actors and JANDHYALA S. Developmental Outcomes (JANDHYALA S., GERTZ G., POULSEN L.) Academy of Management (AOM): Opening the Black Box of Chicago (U.S.A.), 78th Academy of Commercial Diplomacy: Home Management Annual Meeting, Country Influence in Foreign 10-14 August 2018 Investment Disputes University of South Carolina: Columbia (U.S.A.), 2018 Frontiers in International Business Symposium, 1 February 2018

88 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

JANDHYALA S. MELL J. (BLAKE D., JANDHYALA S., WERNER T., (MELL J., DECHURCH L., BARBER B.) CONTRACTOR N., LEENDERS R.) Political Institutions and Firm Information Sharing and Strategy Performance in Multiteam Strategic Management Society (SMS): Systems: The Role of Identity Madrid (Spain), 2018 SMS Madrid Asymmetries Extension Conference, 20 September Academy of Management (AOM): 2018 Chicago (U.S.A.), 78th Academy of Management Annual Meeting, JANDHYALA S. 10-14 August 2018 (JANDHYALA S., BHATT H.) Strategic Political Risk: The Case of MELL J. Aggressive Bidding in (MELL J., ZIANI-FRANCLET Z.) Infrastructure Projects When Having a High Purpose in Strategic Management Society (SMS): Mind Helps People to Network Hyderabad (India), 2018 SMS Hyderabad International Network for Social Network Special Conference, 15-18 December 2018 Analysis (INSNA): Utrecht (Netherlands), 38th Sunbelt Conference, 26 June-1 July LEPOUTRE J. 2018 (VALENTE M., LEPOUTRE J.,

ZIETSMA C.) Corporate Social Action as a Firm- METIU A. Fulfilling Prophecy (MUKERJEEJ., METIU A.) Harvard Kennedy School: Boston (U.S.A.), True Play and Hard Work 2018 HKS SICI Conference: Rethinking Academy of Management (AOM): Cross-Sector Social Innovation, 6-7 April Chicago (U.S.A.), 78th Academy of 2018 Management Annual Meeting, 10-14 August 2018

LEPOUTRE J. What We Know, and What We NESTOROVIC C. Would Want to Know, About the Role of Diaspora in Post-Conflict Changing Structure of the Vehicle Society - Empirical Evidence of the and Mobility Ecosystem: Tracking Council of Diaspora of the Federal the Connected, Autonomous, Republic of Yugoslavia 2001-2003 Shared, Electric Vehicle World Institute of Social Sciences of Belgrade: Belgrade (Serbia), 2018 Relational Studies Academy of Management (AOM): on Global Conflict: Toward a New Chicago (U.S.A.), 78th Academy of Approach to Contemporary Crisis, Management Annual Meeting, 21 December 2018 10-14 August 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 89

OPERTI E. Workshop on Hybrid Organizations, 1 May (KUMAR A., OPERTI E., UOTILA J.) 2018 From Nokia to Slush: Incumbent Firms’ Decline and the Emergence OPERTI E., SGOUREV S. of Entrepreneurial Ecosystems (LAMPRONTI S. Y., OPERTI E., Strategic Management Society (SMS): SGOUREV S.) Paris (France), 38th Strategic The Dynamic Capability of Juggling Management Society (SMS) Annual Logics: Studying the Oldest Conference, 22-25 September 2018 hybrid in the world European Group for Organizational OPERTI E., SGOUREV S. Studies (EGOS): Tallinn (Estonia), (LAMPRONTI S. Y., OPERTI E., 34th EGOS Colloquium, 5-7 July 2018 SGOUREV S.) Relational-Cognitive Differences in OPERTI E., SGOUREV S. Gendered Response to Rivalry (LAMPRONTI S. Y., OPERTI E., Academy of Management (AOM): SGOUREV S.) Chicago (U.S.A.), 78th Academy of The Innovate or Die Myth Management Annual Meeting, INSEAD Business School: Fontainbleau 10-14 August 2018 (France), 2018 Doriot INSEAD Entrepreneurship Conference, 31 August OPERTI E., SGOUREV S. 2018 (LAMPRONTI S. Y., OPERTI E., SGOUREV S.) PERETTI J.-M. Rivalry Flips the Script: Relational- (PERETTI J.-M., PETIT M.) Cognitive Differences in Gendered Intégrer équitablement et Response to Rivalry durablement les RH pour garantir LINKS Center for Social Network Analysis: l'égalité des chances Lexington (U.S.A.), 2018 Intra- IAS/ AGRH/ CAEI/ AFMD/ KEDGE Organizational Network Conference DAKAR: Dakar (Senegal), 2018, (ION), 5-6 April 2018 36ème Université de l'Audit Social/14èmes Rencontres Internationales de la diversité, 12-14 December 2018 OPERTI E., SGOUREV S. (LAMPRONTI S. Y., OPERTI E., PERETTI J.-M. SGOUREV S.) (BLA B., PERETTI J.-M.) The Art of Manouvering Logics: L’Identification des compétences Insights from the “Monte dei développées par les « brouteurs » Paschi di Siena” (1996-2012) (cybercriminels) d’Abidjan comme Instituto de Empresa (IE): Madrid (Spain), ressources mobilisables dans 2018 Sustainability, Ethics and l’économie formelle Entrepreneurship (SEE), 11-13 June 2018 & IAS/ AGRH/ CAEI/ AFMD/ KEDGE LUISS University of Rome: Rome (Italy), DAKAR: Dakar (Senegal), 2018, 2018 LUISS Paper Development 36ème Université de l'Audit Social/14èmes Rencontres Internationales de la diversité, 12-14 December 2018

90 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

SGOUREV S. PERETTI J.-M. HowSGOUREV Oil Paint S. Transmuted Art: (MORETTIPERETTI R., J.-M. PERETTI J.-M.) MaterialHow Oil Paint Practice, Transmuted Evaluation Art: and La(MORETTI fidélité R., organisationnelle PERETTI J.-M.) des ProfessionalMaterial Practice, Identity Evaluation and agentsLa fidélité employables organisationnelle au sein dedes la ProfessionalUniversity of Edinburgh Identity Business School: Fonctionagents employables Publique Territoriale au sein de : lela UniversityEdinburgh of(UK), Edinburgh 2018 Creative Business Industries School: rôleFonction du sentiment Publique d'efficacitéTerritoriale : le EdinburghAnnual Conference, (UK), 2018 25 Creative June 2018 Industries personnellerôle du sentiment d'efficacité Annual Conference, 25 June 2018 Associationpersonnelle Francophone de Gestion des SGOUREV S. AssociationRessources HumainesFrancophone (AGRH): de Gestion Lyon des QuantitativeSGOUREV AnalysisS. Of Relational Ressources(France), 29ème Humaines Congrès (AGRH): AGRH Lyon 20, Quantitative Analysis Of Relational (France),29-30 October 29ème 2018 Congrès AGRH 20, Data in Art: Possibilities And ChallengesData in Art: Possibilities And 29-30 October 2018 ChallengesUniversität Wien: Vienne (Austria), 2018

PERETTI J.-M. UniversitätExhibition Databases: Wien: Vienne Modern (Austria), European 2018 LaPERETTI transformation J.-M. digitale de la ExhibitionPainting 1905-1915, Databases: 14 JuneModern 2018 European fonctionLa transformation ressources digitale humaines de la : Painting 1905-1915, 14 June 2018 fonction ressources humaines : quels enjeux ? SGOUREV S. quelsAssociation enjeux des ? professionnels de Côte TheSGOUREV Bifurcation S. of the Art Market. Associationd'Ivoire: Abidjan des professionnels(Côte d'Ivoire), de 2018, Côte The Bifurcation of the Art Market. d'Ivoire:8ème édition Abidjan de l’Université(Côte d'Ivoire), des 2018, Precedents and Consequences 8èmeRessources édition humaines, de l’Université 30 August des 2018 TIAMSA:Precedents Vienne and (Austria), Consequences 2018, Ressources humaines, 30 August 2018 TIAMSA:The International Vienne (Austria), Art Market 2018, Studies TheAssociation International Annual Art Conference, Market Studies RAMASWAMI A. Association27 September Annual 2018 Conference, (SIVASUBRAMANIAMRAMASWAMI A. N., RAMASWAMI 27 September 2018 (SIVASUBRAMANIAM N., RAMASWAMI SOM A. A., KUMAR S., KOTHARI T.) SOM A. BuildingA., KUMAR and S., KOTHARIStrengthening T.) Shaping the Next Wave of Shaping the Next Wave of ResearchBuilding and Collaborations Strengthening in India Globalization: The Case of TASAKI Globalization:Global Business andThe Technology Case of TASAKI ResearchAcademy of Collaborations Management (AOM): in India GlobalAssociation: Business Bangkok and Technology (Thailand), 2018, AcademyChicago (U.S.A.), of Management 78th Academy (AOM): of Association:GBATA 2018 Bangkok - 20th Annual (Thailand), International 2018, ChicagoManagement (U.S.A.), Annual 78th Meeting, Academy of GBATAConference, 2018 2 - July20th 2018 Annual International Management10-14 August 2018Annual Meeting, Conference, 2 July 2018 10-14 August 2018

SGOUREV S. SOM A. SOM A. ArtSGOUREV and Finance: S. Historical Links Wearable Technologies, Wearable Technologies, andArt and Mutual Finance: Attraction Historical Links Sustainability and LuxuryvBrands: Sustainability and LuxuryvBrands: andUniversité Mutual Paul Attraction Valéry Montpellier 3: The Case of Vacheron Constantin UniversitéMontpellier Paul (France), Valéry 2018 Montpellier Researching 3: TheGlobal Case Alliance of Vacheron of Marketing Constantin and MontpellierArt Market Practices(France), from2018 pastResearching to GlobalManagement Alliance Associatio of Marketingn: Tokyo and (Japan), ArtPresent, Market 8 June Practices 2018 from past to Management2018, Bridging Associatio Asia and n:the Tokyo World: (Japan), Present, 8 June 2018 2018,Searching Bridging for Academic Asia and theExcellence World: and SearchingBest Practice for inAcademic Marketing Excellence and and BestManagement, Practice in29 Marketing July 2018 and Management, 29 July 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 91

STRAUSS K. YAKUBOVICH V. (KELLY C., STRAUSS K., ARNOLD J.) (YAKUBOVICH V., GALPERIN R., EL The Role of Serious Leisure in MANSOURI M.) Creating Ressources for a Timing Is Money: Continuous Substainable Career Employment in the Gig Economy Academy of Management (AOM): MIT: Boston (U.S.A.), 2018 Toward New Chicago (U.S.A.), 78th Academy of Theories of Employment Relations, Management Annual Meeting, 12 May 2018 10-14 August 2018 YAKUBOVICH V. STRAUSS K. (YAKUBOVICH V., GALPERIN R., EL (GEORGE M., STRAUSS K.) MANSOURI M.) The Self Left at Home: How Timing Is Money: Continuous Hypothetical Home Selves Employment in the Gig Economy Influence Expatriates European Group for Organizational Academy of Management (AOM): Studies (EGOS): Tallinn (Estonia), Chicago (U.S.A.), 78th Academy of 34th EGOS Colloquium, 5-7 July 2018 Management Annual Meeting, & 10-14 August 2018 American Sociological Association (ASA): Philadelphia (U.S.A.), 2018 Annual

Meeting of the American Sociological WORKIEWICZ M. Association, 10 August 2018 (KETKAR H., WORKIEWICZ M.) Project Screening and Resource Article de presse/Press article Allocation in Bossless

Organizations YONG K. Institute for Operations Research and the Management Sciences (INFORMS): 2018 Leveraging Artificial Intelligence Strategy Science Conference, for Enterprise Innovation Philadelphia (U.S.A.), 15-16 June 2018 ESSEC Knowledge, septembre 2018 & Academy of Management (AOM): Tel Document de recherche/Working Aviv (Israel), 2018 Academy of Management Specialized Conference, paper 17 December 2018 CERDIN J.-L. WORKIEWICZ M. (BREWSTER C., ROMBOARISON-LALAO (WORKIEWICZ M., BERGENHOLZ C., L., CERDIN J.-L.) MARENGO L.) Theorizing Career Success for Low Using Computational Models in Status Migrants Behavioral Strategy Research Discussion Paper Number: JHD-2018- Academy of Management (AOM): 02, Chicago (U.S.A.), 78th Academy of Management Annual Meeting, 10-14 August 2018

92 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

CHAI S. DONADA C. Problem Formulation and Near (CHEN Y; CHOWDHURY S; DONADA C; Misses PEREZ, Y) New York University: New York City Mirroring Hypothesis and (U.S.A.), 2018 Open Innovation Integrality: Evidence from Tesla Conference NYU, 6 August 2018 Motors Academy of Management (AOM): CHATTERJEE A. Chicago (U.S.A.), 78th Academy of (CHATTERJEE A., SUNASIR D., Management Annual Meeting, 10-14 August 2018 HAYAGREEVA R.) Fields of Contention: Challengers, Incumbents, and the Use of Boss- DONADA C. napping in Bengal (DONADA C., MOTHE C.) Academy of Management (AOM): Organising Creativity for Chicago (U.S.A.), 78th Academy of Innovation in Emerging Industries: Management Annual Meeting, What Lessons Can Be Learned from 10-14 August 2018 Skunkworks Projects? University of Iceland: Reykjavic (Iceland), CHATTERJEE A. European Academy of Management (CHATTERJEE A., DUTTA S., ROA H.) (EURAM) Annual Conference, 19-22 June Putting Strategy into Strategic 2018 Action Fields: Political Parties and the Use of Gherao in Bengal FOURCADET O. Strategic Management Society (SMS): Perceptions d'un évènement par le Paris (France), 2018 Strategic consommateus et leur jugement Management Society Annual Conference, des mesures de lutte. Excercice 22 September 2018 d'anticipation dans le cas de dépistage positif d'animaux à Participations à des comités de DONADA C. C. l'Encéphalopathie Spongiforme lecture/Editorial Board Gérer(CHEN et Y., Comprendre DONADA C.) Bovine (ESB) lecture/Editorial Board International Journal of Automotive InternationalHow Focal Firms Journal Manage of Automotive Association pour l'étude de memberships Technology and Management Technology and Management l'épidémiologie des maladies animales Bottlenecks in Nascent Ecosystems: The Case of Electric (AEEMA): Paris (France), Journées BARTHÉLÉMY J. BARTHÉLÉMY J. GRÖSCHLVehicle Ecosystem S. scientifiques de l’Association pour l'étude Revue Française de Gestion GRÖSCHL S. de l'épidémiologie des maladies animales Revue Française de Gestion AdvancesAcademy inof HospitalityManagement and (AOM): Tourism RIMHE - Revue Interdisciplinaire Research (AEEMA), 30-31 May 2019 Management, Homme et Entreprise ResearchChicago (U.S.A.), 78th Academy of Management, Homme et Entreprise DiversitasManagement Annual Meeting, Gérer et Comprendre Diversitas Gérer et Comprendre Equality,10-14 August Diversity 2018 and Inclusion FOURCADET O. International Journal of Hospitality and International Journal of Hospitality and Secteur agroalimentaire : Il faut BERNARD A. Tourism Administration BERNARD A. Vision: The Journal of Business savoir quitter la table de jeu, au Revue de Gestion des Ressources Vision: The Journal of Business Revue de Gestion des Ressources Perspective bon moment ! Humaines Perspective Humaines UniLaSalle: 2018, Faire face aux risques en

agriculture : quels enjeux, quelles BOUCHIKHI H. HOANG H. perspectives ?, 23 February 2018 BOUCHIKHI H. Academy of Management Review Gérer et Comprendre Academy of Management Review Organization Science

Organisation Studies

CERDIN J.-L. Strategic Entrepreneurship Journal CERDIN J.-L. Strategic Management Journal Cross Cultural Management: An Strategic Management Journal International Journal International Journal Gestion 2000 JANDHYALA S. Human Resource Management Journal JANDHYALA S. Human Resource Management Journal Global Strategy Journal Human Resource Management Review Global Strategy Journal International Journal of Human Resource Management Management METIU A. Journal of Global Mobility: The Home of Organization Science Expatriate Management Research Organization Science Expatriate Management Research Organization Studies Journal of Managerial Psychology Journal of World Business Journal of World Business PERETTI J.-M. Management Question(s) de PERETTI J.-M. Management @GRH REMEST (Revue Multidisciplinaire sur Question(s) de Management l’Emploi, le Syndicalisme et le Travail) Recherches en Sciences de Gestion Revue de Gestion des Ressources RIMHE - Revue Interdisciplinaire Humaines Management, Homme et Entreprise Revue Management & Avenir Revue Management & Avenir Thunderbird International Business Review SOM A. Review Luxury Research Journal Luxury Research Journal

CHATTERJEE A. CHATTERJEE A. STRAUSS K. Administrative Science Quarterly STRAUSS K. British Journal of Management Journal of Applied Psychology Journal of Management Journal of Occupational and Organizational Psychology

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 93

THÉVENET M. @GRH Question(s) de Management Revue de Gestion des Ressources Humaines

YAKUBOVICH V. Organization Science

YONG K. Small Group Research

94 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 Marketing Marketing

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 95

Participation à des ouvrages Articles dans des revues/Journal collectifs/Book chapters articles

DION D. BEMMAOR A. (DION D., ARNOULD E.) (BEMMAOR A. C., ZHENG L.) Brand Charismatic Legitimacy and The Diffusion of Mobile Social Marketing of Adoration Networking: Further Study in: The Management of Luxury International Journal of Forecasting, Berghaus B., Müller-Stewens G., Reinecke vol. 34, n° 4, 2018, pp. 612-621 s. (eds.) Une étude de Scaglione, Giovannetti et Kogan Page Ltd: 2018, chap. 13 Hamoudia (2015), fondée sur les modèles de diffusion de Bass et de Bemmaor et portant sur le nombre d'utilisateurs DION D. uniques et actifs des réseaux sociaux (ARNOULD E., CAYLA J., DION D.) dans quatre pays du G7, a montré que la Fetish, Magic, Marketing répartition des durées entre la date du in: Magical Capitalism: Enchantment, lancement et la date d'adoption est Spells, and Occult Practices in plutôt pentue sur la gauche. Réanalysant Contemporary Economies les données et étendant l'étude à deux Moeran B., de Waal Malefyt T. (eds.) autres pays, les auteurs montrent au Palgrave Macmillan: Cham (Switzerland), contraire que la distribution a tendance à 2018, chap. 5, pp. 115-136 être pentue sur la droite, indiquant ainsi une forte proportion de retardataires

dans la population d'utilisateurs GLADY N. potentiels. La complexité dans la modélisation A study by Scaglione, Giovannetti and de l’activité client Hamoudia (2015) based on the Bass and in: Complexité et organisations : faire Bemmaor diffusion models showed that face aux défis de demain the distribution of the times to adoption of mobile social networking in four G7 Morin E., Bibard L. (eds.) countries was skewed to the left in most Eyrolles: Paris (France), 2018, chap. 11, cases. Reanalyzing the data and pp. 187-202 extending the study to two additional countries, the authors show that the ÖNÇÜLER A. skewness tends to be to the right, Comportement décisionnel : thereby indicating a large proportion of intuition vs pensée analytique laggards in the population of potential users. in: Complexité et organisations : faire Mots-clés : Chasm - Modèle de Bass - face aux défis de demain Modèle Gamma/Gompertz avec dérive - Morin E., Bibard L. (eds.) Pente Eyrolles: Paris (France), 2018, chap. 10, Keywords: Bass Model - Chasm - pp. 173-186 Gamma/Shifted Gompertz - Skew

96 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

BUTORI R., LE NAGARD E. related to bystander consumers' empathy (DE CAMPOS RIBEIRO G., BUTORI R., with the avenger and their attribution of LE NAGARD-ASSAYAG E.) blame to the company as well as their previous purchasing experience. The Determinants of Approval of Mots-clés : Attribution de la faute - Online Consumer Revenge Bouche à oreille électronique - Empathie Journal of Business Research, vol. 88, situationnelle - Insatisfaction - Vengeance 2018, pp. 212-221 du consommateur L'Internet est un outil particulièrement Keywords: Attribution of Blame - puissant pour diffuser des messages Consumer Revenge - Dissatisfaction - vindicatifs de clients très insatisfaits qui Online Word of Mouth - Situational souhaitent nuire à la réputation des empathy entreprises. Cet article vise à identifier les déterminants de l'approbation par un tiers d'un message vindicatif en ligne et à DION D. évaluer l'impact de cette approbation sur (DUBREUIL C., DION D.) leur intention de transmettre le message Le spectacle de la douleur dans à d'autres internautes. Nous conduisons l’expérience : Une étude dans les trois études pour montrer que 1) stades de rugby l'approbation par le spectateur du Recherche et Applications en Marketing, message vindicatif explique son intention 2018, doi: 10.1177/0767370118812559 de le transmettre, 2) l'approbation du Cette recherche s’attache à comprendre message n'est liée ni à l'équilibre entre le comment le spectacle de la douleur préjudice initial subi par la vengeance contribue à l’expérience des spectateurs. consommateur et les conséquences de sa Reposant sur une approche abductive et vengeance sur l'entreprise, ni à la une collecte de données mixte et présence d'excuses; il est lié à l'empathie longitudinale de trois ans dans les stades, des consommateurs vis-à-vis du vengeur ce travail identifie quatre fonctions du et leur attribution de la faute à spectacle de la douleur, en détaille les l'entreprise ainsi que leur expérience modalités et la progressivité. Cette d'achat précédente. recherche sur les matchs de rugby Because of its audience and ease of use, contribue à la littérature sur l’expérience the Internet is a particularly powerful tool et sur la douleur. Premièrement, elle for spreading the vindictive messages of approfondit la compréhension de highly unsatisfied customers who wish to l’ambivalence des expériences. Elle harm companies' reputations. montre que les dimensions négatives de This article aims to identify the l’expérience sont valorisées par un determinants of bystanders' approval of système moral et normatif. an online vindictive message and to Deuxièmement, cette recherche assess the impact of this approval on contribue à approfondir les their intention to forward the message to connaissances sur l’attrait de la douleur, other Internet users. We conduct three en montrant son association à un contenu studies to show that 1) bystanders' symbolique. Troisièmement, elle introduit approval of the vindictive message le concept de domestication de la explains their intention to forward it, 2) violence face à la douleur. Le spectacle the approval of the message is related de rugby s’inscrit dans une dialectique neither to the balance between the initial nature / culture, avec d’un côté une harm suffered by the avenging consumer violence pseudo-primitive et de l’autre and the consequences of his/her revenge une sophistication de codes et de règles. on the company, nor to the presence of Des recommandations managériales et apologies from the company; rather it is

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 97

des perspectives de recherche sont article looks at the effect of contact également présentées. saliency between the previous owner and Mots-clés : Démarche abductive - the product on the purchase of second- Dimensions de l’expérience - Douleur - hand products online. Expérience de consommation - Spectacle Mots-clés : Achat d’occasion - Contagion de la douleur - Violence - Internet - Qualité perçue - Risque Perçu Keywords: Contagion - Internet - Perceived Quality - Perceived Risk - LE NAGARD E. Second-Hand Products (BEZANÇON M., GUIOT D., LE NAGARD-

ASSAYAG E.) Le rôle de la contagion physique McFARLAND R. négative dans l’achat d’un produit (KAPTEIN M., MCFARLAND R., d’occasion vendu en ligne PARVINEN P.) Recherche et Applications en Marketing, Automated Adaptive Selling 2018, doi: 10.1177/0767370118812556 European Journal of Marketing, vol. 52, La perception d’une contagion physique n° 5/6, 2018, pp. 1037-1059 négative a été identifiée dans la This paper aims to develop and test a littérature comme un frein à l’achat de method of automating, for online produits d’occasion dans un contexte retailers, the practice of adaptive selling, hors ligne. Compte tenu du which is typically used by salespeople in développement de l’achat d’occasion sur face-to-face interactions. This method Internet, cet article étudie l’effet de la customizes persuasive messages for saillance du contact entre le propriétaire individual customers as they navigate a précédent et le produit sur l’achat de retailer’s website. produits d’occasion en ligne. Une Keywords: Adaptive Selling - E-sellinge - première expérimentation montre un ISTEA model - Online Retailing - Sales effet de contagion physique négative sur Influence Tactics l’intention d’achat, effet médiatisé par le risque perçu physique. Or, de nombreux Communication publiée dans des acteurs de l’occasion sur Internet actes de conférence/Article adoptent des stratégies de présentation published in conference visant à accentuer la similitude avec le neuf. Une deuxième expérimentation proceedings montre que la similitude avec un produit neuf permet de réduire ce risque perçu physique pour les individus non-experts McFARLAND R. de la catégorie de produits, tandis qu’elle (KIM Y., McFARLAND R.) dégrade la qualité perçue pour les Feeling Versus Reasoning. The experts. Dans les deux expérimentations menées, l’effet du dégoût, qui joue un Significant Interaction Between rôle important dans les circuits de Salespeople's Influence Tactics and distribution physiques, s’avère non Customers' Shopping Goals significatif. in: 2018 AMA Summer Academic The perception of a negative physical Conference Proceedings. Big Ideas and contagion has been identified in the New Methods in Marketing literature as a negative motivation on the American Marketing Association (AMA): purchase of second-hand products in an Boston (U.S.A.), 2018 AMA Summer offline context. Given the development of Academic Conference 10 August 2018 second-hand buying on the Internet, this

98 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

An important question to retailers is DESMET P. which sales tactics should be used with (WEYDERT V., DESMET P., LANCELOT- customers under various shopping MILTGEN C.) conditions, for example, different purchasing goals. Despite this interest, Convincing Consumers to Share the literature remains largely silent in Personal Data: Money or Control? providing theoretical guidance on this Bucharest University of Economic issue (McFarland et al. 2006; Evans et al. Studies: Bucarest (Romania), 3rd 2012). To begin to address this research Emerging Trends in Marketing & gap, we develop a theoretical framework Management, 27 September 2018 on the interaction between sales influence tactics, the mechanism utilized by salespeople to persuade customers DION D. (Brown 1990; Spiro and Perreault 1979), (BORRAZ S., DION D.) and customer shopping goal specificity “Locked my Heart on the Bridge”: (e.g., “just looking around” or shopping How Consumers Reify Love for something specific). We use construal Relationships level theory (CLT) in guiding our University of Southern Denmark: Odense framework. Using CLT, we link the level of (Denmark), 2018 Consumer Culture abstractness or concreteness of thoughts Theory Conference, 28 June 2018 due to different shopping goal specificity levels. Based on this, we predict that emotional influence tactics work best DION D. when customers have a non-specific goal (CAYLA J., BHATNAGAR K., FUSCHILLIO and rational influence tactics work best G., DION D.) with specific goals. The Dynamics of Recognition in Keywords: Construal Level Theory - Frontline Salespeople - Sales Influence Luxury Service Work Tactics - Shopping Goal Specificity University of Southern Denmark: Odense (Denmark), 2018 Consumer Culture

Communications présentées dans Theory Conference, 28 June 2018 des conférences/Conference presentations GUPTA R. (GUPTA R., CHANDRASEKARAN D.,

SEN S.) CHUNG T. Let 'em Eat Cake? The Influence of A Heuristic-analytic Perspective On Psychological Distance on The Helpfulness Of Online Consumer Attitudes towards Consumer Reviews Bottom of the Pyramid New Institute for Operations Research and the Product Launches and Company Management Sciences (INFORMS): Taipei (Taiwan), 2018 INFORMS International Evaluations Meeting, 17-20 June 2018 Academy of Marketing Science (AMS): Hyderabad (India), 2018 JAMS India Conference, 26-28 April 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 99

GUPTA R. ÖNÇÜLER A., PROKOPEC S. (GUPTA R., CHANDRASEKARAN D., SEN (TALEBI A., PROKOPEC S., ÖNÇÜLER A.) S.) Pain of Loss: How Losing in a Let 'em Eat Cake? The Influence of Promotional Competition Psychological Distance on Influences Consumer Attitude Consumer Attitudes towards Association for Consumer Research Bottom-of-the-Pyramid New (ACR): ACR Conference 2018: Trust in Product Launches and Company Doubt? Consuming in a Post Trust World, Evaluations Dallas (U.S.A.), 11-14 October 2018 North American Society for Marketing Education in India: Chennai (India), PRAS B. 12th Great Lakes Nasmei Conference (PLUNTZ C., PRAS B.) 2018, 20 December 2018 Quand Jean-Pierre Jeunet réalisa « Alien: Resurrection » … : l’impact McFARLAND R. de l’extension incongruence sur les Is It Personal or Just Business?: légitimités de la marque humaine - Examining the Use of Personal application aux réalisateurs de Appeals in Professional Buyer- films Seller Relationships Association Française du Marketing: European Marketing Association and Strasbourg (France), 2018, University of Strathclyde Glasgow: 34ème Congrès International de Glasgow (UK), 47th European Marketing l'Association Française du Marketing Association Annual Conference (EMAC), (AFM), 16 May 2018 29 May-1 June 2018 PROKOPEC S. McFARLAND R. (TALEBI A., PROKOPEC S.) (KIM Y., McFARLAND R.) Big Discounts Might Backfire on The Bigger, the Better? The Consumer Satisfaction Influence of Store Spaciousness on European Marketing Academy (EMAC): the Salience of Product Attributes Glasgow (UK), 29 May 2018 in Consumer Product Evaluations American Marketing Association (AMA): Documents de recherche/Working Boston (U.S.A.), 2018 AMA Summer papers Academic Conference, 10-12 August 2018

LE NAGARD E. McFARLAND R., SEGGIE S. (LE NAGARD-ASSAYAG E., GUILLARD The Logic of Failure vs. Supply V.) Chain Agility L’impact de l’obsolescence perçue Institute for the Study of Business des biens durables sur la décision Markets (ISBM): Boston (U.S.A.), 2018 de remplacement et la destinée de Institute for the Study of Business l’objet remplacé Markets (ISBM) Academic Conference, 8-9 August 2018 WP Research Center 1801 Cette recherche vise à comprendre, définir et mesurer l’obsolescence perçue

100 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

des objets dans le domaine des biens International Journal of Research in durables (OPP). Une étude qualitative Marketing auprès de 10 personnes suivie de trois Journal of Consumer Research études quantitatives auprès de 765 Recherche et Applications en Marketing personnes ont permis de i) définir l’OPP comme la perception du consommateur LE NAGARD-ASSAYAG E. qu’il existe un produit meilleur que le sien Décisions Marketing sur le marché ; ii) mesurer ses dimensions technologique, sociale, écologique, marchande et iii) comprendre ses McFARLAND R. antécédents et les conséquences sur Journal of Marketing l’intention de remplacer un produit, ainsi Journal of Personal Selling & Sales que sur la destinée de l’objet remplacé. Management Les résultats sont mis en perspective de Journal of Retailing la théorie ainsi que des implications sociétales et managériales. ÖNÇÜLER A. Mots-clés : Biens durables, Décision de Recherche et Applications en Marketing remplacement, Obsolescence perçue, Valeur perçue PRAS B. Participations à des comités de Décisions Marketing lecture/Editorial Board Recherche et Applications en Marketing Revue Française de Gestion memberships XUEREB J.-M. CHUNG T. S. International Journal of Business International Journal of Research in Excellence Marketing

DARMON R.-Y. Arab Journal of Administrative Sciences Journal of Business Research Journal of Personal Selling and Sales Management

DE BRUYN A. International Journal of Research in Marketing Journal of Interactive Marketing Recherche et Applications en Marketing

DESMET P. Décisions Marketing Journal of Business Research Recherche et Applications en Marketing

DION D. Décisions Marketing

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 101

Management des Opérations Operations Management

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 103

Direction d'ouvrage collectif/Edited all these journeys and experiences have in book common: how essential imagination is in building the society of tomorrow. PAVIE X. Creativity, Imagination and Participation à des ouvrages Innovation collectifs/Book chapters World Scientific: Danvers (U.S.A.), 2018, 336 p. "All power to the imagination" is a EL OUARDIGHI F. famous slogan. This book confirms it is (KOGAN K., EL OUARDIGHI F.) much more than just a slogan, showing Production Control in a Competitive how imagination can, in no uncertain way, Environment with Incomplete be a reality. Some 40 outstanding Information personalities share their insights on their in: New Trends in Emerging Complex Real relationship with imagination in their Life Problems respective fields of study. An astronaut, a Daniele P., Scrimali L. (eds) philosopher, an environmental activist, a Springer: Cham (Switzerland), 2018, mathematician, an anthropologist, an pp. 321-329 actor, an astrophysicist, and even a singer We consider an industry consisting of a — all share how they managed to unlock large number of firms producing the power of their imagination to achieve substitutable products and engaged in a extra-ordinary things. dynamic Cournot-type competition. The This book is the collective work of men firms are able to reduce their marginal and women from wide-ranging production costs by accumulating their backgrounds, each of whom has own experience as well as the experience contributed to the advancement of our spillovers from other firms. In particular, society, making this world more beautiful, firms accumulate production experience just and humane through the power of through proprietary learning, which, their imagination. This is the first time an however, depreciates over time. We anthology has brought together the determine steady-state Nash equilibrium thoughts of such prestigious and world- policies that are based on the assumption renowned personalities. Through these that the firms do not have precise unique, disruptive, powerful, energizing, information about each competitor and often touching, and always very personal therefore are unable to respond to a testimonies, this book seeks to offer specific firm’s dynamics. The firms, inspiration for each and all of us, so that however, do react to overall industry we too, can find the path to our own trends. We show that in such a case, imagination. Whether French, Chinese, though the information used for English, Swiss, Canadian, American, Irish, production control is incomplete, in the Belgian, Danish, Algerian or Singaporean, long run the firms tend to the output they these 40 thought-leaders share their would converge to under complete vision of imagination through their information. We also find that industry personal journey and experience. They do growth due to more firms entering the not try to show us the path we must take, market results in decreasing long-run but rather invite us to follow our own. equilibrium output of each firm when the The diversity of the backgrounds and depreciation of experience is higher than expertise of these world-renowned the rate of spillovers. Otherwise, the experts is what gives this mosaic of opposite result can emerge, i.e., the inspirational texts its rich meaning, a steady-state output will grow. diversity which serves to underline what

104 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Keywords: Control - Differential Games - divergent preferences, resulting that the Production - Quantity Competition feature fatigue mitigation is a short term objective. The results also reveal a trade- off between profits and feature fatigue. PAPIER F. An ad-hoc facilitator guarantees large Comment gérer la complexité de la profits, even without fully solving the supply chain feature fatigue issue. Instead, a support in: Complexité et organisations : faire program mitigates the feature fatigue face aux défis de demain effect, while worsening the firms' profits. Morin E., Bibard L. (eds.) Keywords: Cooperative Programs - Eyrolles: Paris (France), 2018, chap. 13, Facilitator - Feature Fatigue - Game pp. 217-228 Theory - Supply Chain Management - Technology Management

Articles dans des revues/Journal articles DE GIOVANNI P. A Joint Maximization Incentive in DE GIOVANNI P. Closed-Loop Supply Chains with A Feature Fatigue Supply Chain Competing Retailers: The Case of Game with Cooperative Programs Spent-Battery Recycling European Journal of Operational and Ad-Hoc Facilitators Research, n° 268, 2018, pp. 128-147 International Journal of Production In the battery sector, retailers can offer a Research, vol. 9, n° 1, 2018, pp. 4166- joint maximization incentive to 4186 manufacturers to push up green activity In this paper, we analyze a manufacturer's program efforts and use the return rate decision to invest in technology to as a marketing lever. Our results show increase the number of product features that a joint maximization incentive always and make its business more economically increases the manufacturers’ investments appealing. High number of features can in green efforts and profits. Nevertheless, lead to an overspecified product that it benefits retailers only in a few cases. entails a feature fatigue effect. More Also, a joint maximization incentive specifically, consumers show a allows a decentralized closed-loop supply decreasing willingness to purchase a chain to achieve the same level of social good, due to its complexity. The and environmental performance as a manufacturer sells through a retailer, centralized one. Overall, a joint which in turn invests in some store maximization incentive always allows the facilitators efforts. The manufacturer can closed-loop supply chain to achieve the decrease the feature fatigue effect by triple bottom line when retailers are implementing either a cooperative economically better-off through its program or an ad-hoc facilitator. Our implementation. In the presence of results reveal that the manufacturer, as competing retailers, a joint maximization the chain leader, makes decisions incentive turns out to be more effective according to the program's efficiency, as it increases the chances to achieve the while considering the revenue sharing triple bottom line. rule. When the share is low, the manufacturer's decision is always based on efficiency; otherwise, high sharing parameters sponsor the implementation of an ad-hoc facilitator. We identify a region of parameters in which firms have

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 105

DE GIOVANNI P. has a larger incentive to adopt a strategic (GENC T. S., DE GIOVANNI P.) lean program than in the centralized CLSC. Also, the supplier always obtains Closed-Loop Supply Chain Games larger economic benefits in the with Innovation-Led Lean Programs decentralized CLSC under any type of and Sustainability innovation-led lean program. International Journal of Production Keywords: Closed-Loop Supply Chain - Economics, 2018, Innovation-Led Lean - Process Innovation doi: 10.1016/j.ijpe.2018.05.026 - Sustainability - Used-Product Returns - This paper studies the impact of some Vertical Integration innovation-led lean programs in a Closed- loop Supply Chain (CLSC) setting. We use a game-theoretic approach to model DE GIOVANNI P. a CLSC composed of one supplier and (PREEKER T., DE GIOVANNI P.) one manufacturer. The supplier sets the Coordinating Innovation Projects wholesale price of an intermediate with High Tech Suppliers through product while the manufacturer sets the Contracts selling price of a final product. Further, Research Policy, vol. 6, n° 47, 2018, the manufacturer invests in innovation- pp. 1161-1172 led lean practices to entail both a This paper investigates the supply chain strategic effect and a process innovation (SC) management and innovation effect. The strategic effect consists of strategies with the purpose to identify: 1) responsiveness involving the CLSC's which commercial contracts are suitable capacity to properly respond to to coordinate SC innovation projects; 2) consumers' needs and leading to increase which motivations push SC members to in sales. Further, the strategic effect adopt contracts to pursue innovation enhances sustainability as consumers projects; and 3) how contractual clauses align their behavior to the CLSC's attitude differ in different stages of the innovation of reducing the waste through lean, thus process. A comparative case study using their products for longer time among five High Tech (HT) companies in period and entirely exhausting their the Netherlands uncovers the motivations residual value. Innovation-led lean for adopting certain contracts over practices also generate a process others. The findings illustrate that innovation effect, which consists of the contracts discussed in the literature marginal production cost abatement. Our (sales-rebate, buy back, revenue sharing, findings indicate that lean practices etc.) successfully work for commercial leading to both strategic and process agreements but not at all for coordinating innovation are profitable for the joint innovation projects. Motivations for manufacturer and sponsor sustainability. adopting these contracts do not limit to When only one of those can be general company characteristics but also presented, CLSCs should prefer the stretch from historical reasons to future adoption of a strategic lean program. strategies. The findings help HT From its side, the supplier is much less companies to setting up the basis of a sensitive to environmental benefits, thus contract to coordinate joint innovation it focuses on sales and operational projects within SCs. matters. Furthermore, in a centralized CLSC, the preferences for strategic vs. process innovation lean follow the same path of the decentralized CLSC. Nevertheless, we pinpoint that the manufacturer in the decentralized CLSC

106 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

DE GIOVANNI P. of view, it turns out to be suboptimal (DE GIOVANNI P., ZACCOUR G.) from an environmental perspective when the effects of quality and price on returns Optimal Quality Improvements and are balanced. When the price effect on Pricing Strategies with Active and returns also depends on the discount Passive Product Returns granted to consumers, then the Omega, vol. 88, discrepancy between economic and doi: 10.1016/j.omega.2018.09.007 environmental returns is amplified. A manufacturer invests in product quality Keywords: Price - Product Collection - to encourage consumers who have Quality Improvements - Return Rate - purchased in the past to substitute their Two-Period Model current product version with a new release. Since price deters the adoption of an upgraded quality product, DE GIOVANNI P. consumers evaluate both the quality (TALAT G., DE GIOVANNI P.) improvements and the new release price Optimal Return and Rebate before deciding whether to return a Mechanism in a Closed-loop Supply good. The returns can be either voluntary Chain Game (passive returns) or dependent on the European Journal of Operational firm’s controls (active returns), while the Research, vol. 269, n° 1, 2018, pricing strategies can be either fixed pp. 661-681 (constant intertemporal pricing) or Within a Closed-loop Supply Chain varying over time (updated intertemporal (CLSC) framework we study several pricing) depending on the quality consumer return behaviors for the used improvements. By combining these two products which are based on the product ingredients (return type and pricing prices and rebates. Consumers evaluate policy) we formulate a two-period model the rebate they receive as well as the in which a manufacturer invests in quality price of the new product before deciding improvements and sets the product whether to dump a return. Therefore, the prices over time. Our results show that number of used products returned is when consumers passively return old examined under two types of rebates: a product versions, the manufacturer fixed rebate and a variable rebate. We should always update its pricing search for the optimal rebate mechanism strategies according to the quality and find that the CLSC profits are higher improvements. However, when consumer under an variable rebate policy. This returns are sensitive to quality finding justifies the industry practices improvements and price, the that employ a rebate mechanism based manufacturer can be indifferent between on both the value and the price of used setting a constant or an updated pricing item. We offer two types of solution policy depending on the effect that concepts to the CLSC games: open-loop quality has on returns. If the manufacturer Stackelberg solution and Markov perfect can choose between a market in which Stackelberg solution, which are consumer returns are passive or active, it commonly employed in the dynamic decides according to how quality impacts games literature. While we mainly employ the returns: When the consumers’ Markovian equilibrium, we also allow willingness to return according to the firms to utilize open-loop strategies so as quality effect is negligible, the to assess the impact of pre-commitment manufacturer prefers to work in a market on the market outcomes. Therefore, we with passive attitudes towards returns. offer a comprehensive analysis of all While the choice of updating the price is possible market equilibrium solutions always dominant from an economic point

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 107

under different strategic considerations more effective SI. Other types of and the commitment deliberations. We innovations do not help in improving the show that under the fixed rebate regime impact of SI on OP. Finally, the adoption open-loop solution coincides with Markov of a portfolio of innovations does not perfect solution. Furthermore, we show enhance the influence of SI on OP. Thus, how consumer return behavior impacts firms should focus on a small number of the dynamic nature of the game. We find innovations rather than expanding their that the time frame is irrelevant if firms innovation portfolio to improve the offer a fixed rebate. In contrast, the game effectiveness of SI on OP. will be fully dynamic when firms offer a Keywords: Innovation Strategy - variable rebate. Multigroup Analysis - Operational Performance - Supplier Integration DE GIOVANNI P. (DUHAYLONGSOD J. B., DE DE GIOVANNI P. GIOVANNI P.) (DE GIOVANNI P., KARRAY S., MARTIN- The Impact of Innovation HERRAN G.) Strategies on the Relationship Vendor Management Inventory Between Supplier Integration and with consignment contracts and Operational Performance the benefits of cooperative International Journal of Physical advertising Distribution & Logistics Management, European Journal of Operational vol. 9, 2018, doi: 10.1108/IJPDLM-09- Research, vol. 1, n° 1, 2018, pp. 1-31 2017-0269 Most of the cooperative advertising The purpose of this paper is to literature has focused on studying the investigate whether implementing certain effects of such programs considering innovation strategies and adopting a marketing variables. This paper integrates portfolio of innovations improve the production and inventory management relationship between supplier integration with pricing and advertising (SI) and operational performance (OP). considerations to assess the effects of The authors test several research cooperative advertising programs in hypotheses by using a data set of 173 bilateral monopolies. We consider a firms. Data were collected by supply chain where a Vendor Managed interviewing managers, presidents and Inventory (VMI) along with a directors, from ten European countries consignment contract is implemented to and across nine different industries. The coordinate the chain. We develop and authors use structural equation modeling solve a differential model for two games. to estimate the relationships between SI The first one is a benchmark scenario and OP. The authors apply multi-group where no cooperative advertising is analysis to test the effects of certain offered, while the manufacturer offers the innovation strategies and a portfolio of cooperative program in the second game. innovations on these relationships. The main results show that cooperative The authors show that SI improves advertising programs, usually considered internal OP but has no direct effect on as successful marketing initiatives, can be external OP. The latter can only be very difficult to implement in a supply improved through well-performing chain undertaking a VMI policy with a internal operations. The adoption of an consignment contract, in which incremental product innovation strategy operations and marketing interface is improves the relationship between taken into account. A cooperative internal and external OP and leads to program mainly hurts the manufacturer’s

108 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

profits, and can be profit-Pareto- a lower price and greater advertising improving only in a few cases. Although effort under an operations–marketing the retailer is generally willing to receive policy than under a marketing policy only. a support from the manufacturer, she can Finally, for lower design quality, the two opt for a non-cooperative program when policies result in different patterns (non- the largest part of the supply chain monotonic vs. monotonic) for price and profits goes to the manufacturer. We advertising yet cumulative sales and developed several special cases to profits are of quite similar magnitude. strengthen our findings. Keywords: Advertising Effort - Conformance Quality - Design Quality - Diffusion Process - Price - Word of Mouth EL OUARDIGHI F. (EL OUARDIGHI F., FEICHTINGER G., FRUCHTER G. E.) EL OUARDIGHI F. Accelerating the Diffusion of (KOGAN K., EL OUARDIGHI F.) Innovations Under Mixed Word of Autonomous and Induced Mouth Through Marketing– Production Learning Under Price Operations Interaction and Quality Competition Annals of Operations Research, vol. 264, Applied Mathematical Modelling, 2018, n° 1-2, 2018, pp. 435-458 doi: 10.1016/j.apm.2018.10.018 In this paper, an extension of the Bass Recent empirical studies indicate that model is suggested that accounts for the improvements in product conformance influence of conformance quality on quality exhibit learning-by-doing mixed (i.e., positive and negative) word- patterns. We address quality of-mouth in the diffusion of a new improvement in a competitive duopoly product. A primary goal is to determine market for partially substitutable how an active operational policy seeking products characterized by levels of to continuously improve conformance quality that are not necessarily identical. quality affects the optimal leveraging of The products’ quality is described with a marketing instruments used to diffuse hazard rate that can be improved both by new products, and the resulting sales and accumulating production experience profits. To do so, an optimal tradeoff by a (autonomous learning) and quality monopolistic firm between advertising improvement efforts (induced learning). effort and price, on the one hand, and Given that defective items are fully conformance quality, on the other hand, reimbursable and the demands exhibit is analyzed, along with the implications increasing returns to scale, we derive for word of mouth effectiveness. Our Nash equilibrium pricing and induced results can be summarized as follows. learning effort dynamic policies. We show Price and advertising levels are that when the effectiveness of respectively lower and higher under an autonomous learning prevails over the operations–marketing policy than under a effectiveness of efforts in induced marketing policy only. As a result, learning, equilibrium prices gradually themarket potential and the innovation grow over time; the trend is quite the effect are higher under an operations– opposite when autonomous learning is marketing policy than under a marketing less effective than induced learning. policy only, as is the imitation effect due Keywords: Conformance Quality - to conformance quality improvements Learning by Doing - Price and Quality over time. Also, greater cumulative sales Competition - Production Dynamics and cumulative profits are obtained. However, higher design quality results in

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 109

EL OUARDIGHI F. PAPIER F. (EL OUARDIGHI F., KOGAN K., GNECCO (LAN Y., LI Y., PAPIER F.) G., SANGUINETI M.) Competition and Coordination in a Commitment-Based Equilibrium Three-Tier Supply Chain with Environmental Strategies under Differentiated Channels Time-Dependent Absorption European Journal of Operational Efficiency Research, vol. 269, n° 3, 2018, Group Decision and Negotiation, vol. 27, doi: 10.1016/j.ejor.2018.02.032 n° 2, 2018, pp. 235-249 Motivated by the recent trend in global This paper investigates how current and sourcing and multi-channel strategies, we future generations are affected by analyze a supply chain in which a commitment-based Nash equilibrium manufacturer distributes a product environmental strategies when the through two distributors (channels) to a environmental absorption efficiency is retailer whose demand is uncertain. The susceptible to switch from a pollution two distributors differ in terms of their sink to a source. commitment to offering return credits, Keywords: Commitment-based Strategies and they compete by charging different - Cooperative Solution - Environmental wholesale prices to the retailer. Absorption Efficiency - Transboundary Keywords: Supply Chain Management Pollution Communication publiée dans des EL OUARDIGHI F. actes de conférence/Article (EL OUARDIGHI F., KOGAN K., GNECCO published in conference G., SANGUINETI M.) proceedings Transboundary Pollution Control and Environmental Absorption PAVIE X. Efficiency Management La philosophie comme manière de Annals of Operations Research, 2018, vivre de l’antiquité à l’espace doi: 10.1007/s10479-018-2927-7 contemporain In this paper, we suggest a two-player in: Les conférences du Pavillon de France differential game model of transboundary Auroville Press Publishers: 2018 pollution that accounts for time- dependent environmental absorption efficiency, which allows the biosphere to Communications présentées dans switch from a carbon sink to a source. We des conférences/Conference investigate the impact of negative presentations externalities resulting from a transboundary pollution noncooperative game wherein countries are dynamically DE GIOVANNI P. involved. Conformance Quality Strategy, Keywords: Environemental Absorption Cooperative Programs and Efficiency - Hamilton-Jacobi-Bellman Approximation - Transboundary Pollution Coordination in a Dynamic Supply Chain

ESSEC & GERAD: Rabat (), 10th Workshop on Dynamic Games in Management Science, 30 October 2018

110 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

DE GIOVANNI P. EL OUARDIGHI F. (DE GIOVANNI P., BURATTO A., (EL OUARDIGHI F., KOGAN K., D. CESARETTO R.) GRASS) Consignment Contracts with Control of Addictive Behaviors with Cooperative Programs and Price Relapsing Discount Mechanisms in a Technical University of Vienna: Vienne Dynamic Supply Chain (Austria), 14th Viennese Conference on Groupe d'Etudes et de Rercherche en Optimal Control and Dynamic Games, Analyse des Décisions (GERAD): 3-6 July 2018 Grenoble (France), 2018, 18th International Symposium on PAPIER F. Dynamic Games and Applications, 8 July (ZHAO Y., PAPIER F.) 2018 Heuristics for Call-Center-Based Scheduling of Field Visits DE GIOVANNI P. Lancaster University Management School: Firms’ Strategies and Performance Lancaster (UK), 7th Meeting of the EURO with Overdesign, Overspecification Working Group on Stochastic Modelling and Over-Requirement Effect: an (StochMod 2018), 13-15 June 2018 Empirical Analysis Bocconi University: Milan (Italy), 2018 PAVIE X. International Workshop on Overdesign, Heritage and Innovation ? Overspecification, Over-requirement, Virtually Château de Versailles, ION 5 February 2018 Orchard, 11 December 2018

EL OUARDIGHI F. PAVIE X. (EL OUARDIGHI F., KOGAN K., Innovation to Survive GRASS D.) 2018 One North Festival A*Start Cheating or Delighting Customers Singapore, 1 September 2018 on Product Quality? CIGAR: Montreal (Canada), 2018, PAVIE X. Optimization Days, 7-9 May 2018 La vie connectée, quels enjeux pour la responsabilité ? EL OUARDIGHI F. ACSEL: 2018, Forum de la vie connectée, (EL OUARDIGHI F., KOGAN K., GRASS 1 October 2018 D.) Cheating or Delighting Customers REZAEE VESSAL S. on Product Quality? (REZAEE VESSAL S., SOMMER S.) HEC Montreal: Montréal (Canada), 2018 Going Collocated or Dispersed in Séminaire Fondation HEC Montréal, Product Development Projects 10 May 2018 University of Peradeniya: Kandy (Sri Lanka), 2018 POMS Sri Lanka International Conference, 14-16 December 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 111

REZAEE VESSAL S. PAVIE X. (REZAE-VESSAL S., SOMMER S.) (PAVIE X., BOSCHER B.) Going CO-located or Dispersed in L'ère du bien commun s'installe : Product Development Projects innovons ! Operational Research Society of Nepal: Les Echos, mars 2018 Kathmandu , 11th Triennial Conference of Association of Asia Pacific Operational Research Societies, 6-9 August 2018 PAVIE X. Responsible Innovation as a Path Towards Sustainability REZAEE VESSAL S. ESSEC Knowledge, December 2018 Optimal Allocation Rules With Waste Considerations European Association of Operational PAVIE X. Research Society (EURO): Valence The Circular Economy: Does China (Spain), 29th European Conference On Set an Example for the West? Operational Research, 8-11 July 2018 Council on Business and Society, Global Voice, September 2018 Articles de presse / Press articles Participations à des comités de PAVIE X. lecture/Editorial Board Re-Design Education through memberships Imagination Council on Business and Society, Global Voice, 2018 EL OUARDIGHI F. International Game Theory Review Revue Française de Gestion PAVIE X. How to Put Innovation into Action Focus Magazine, September 2018

PAVIE X. Le professeur du futur sera philosophe ou ne sera pas ! Opinion Internationale, novembre 2018

PAVIE X. L'entreprise qui se dessine est un écosystème horizontal Monde des Grandes Écoles Universités Le Magazine, septembre 2018

112 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Systèmes d’information, sciences de la décision et statistiques Information Systems, Decision Sciences And Statistics

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 113

Participation à des ouvrages réponse appropriée aux commentaires collectifs/Book chapters des consommateurs; à travers une participation active à des conversations sociales et enfin un engagement gagnant ALFANDARI L. dans la communauté sociale, pour aider Décision et complexité : le cas de la les hôtels à mieux exploiter les médias planification optimale sociaux, un canal de relation client en plein développement. in: Complexité et organisations : faire With digital usage exploding globally, face aux défis de demain consumers are increasingly using social Morin E., Bibard L. (eds.) media as a key information source. Given Eyrolles: Paris (France), 2018, chap. 14, the latter's importance in the travel pp. 229-242 decision making process, hotels need to proactively manage their online MALAURENT J. reputation by participating in, and Quand les stratégies de engaging with, consumers in appropriate social media channels. Having outlined contournement des systèmes the importance of social media for the d’information impactent hotel sector, we outline a proven five- l’organisation step sequential process, from Monitoring in: Complexité et organisations : faire what is being said about the hotel across face aux défis de demain the social media space; through Morin E., Bibard L. (eds.) establishing appropriate Presence on Eyrolles: Paris (France), 2018, chap. 15, selected channels; to making an pp. 242-258 appropriate Response to consumer comments; through active Participation in

social conversations and finally earning O'CONNOR P. Engagement with the social community, Hotels and Social Media to help hotels better exploit social media in: Hotel Accommodation Management a rapidly developing customer Routledge: New-York (U.S.A.), 2018, chap. relationship channel. 11, pp. 138-151 Mots-clés : Hôtellerie - Médias sociaux Face à l'explosion de l'utilisation du Keywords: Hotel Sector - Social Media numérique dans le monde, les consommateurs utilisent de plus en plus Articles dans des revues/Journal les médias sociaux comme source articles d'informations clé. Compte tenu de l'importance de ces derniers dans le processus de prise de décision en matière ALFANDARI L. de voyage, les hôtels doivent gérer leur (ESPINOZA GARCIA J. C., réputation en ligne de manière proactive ALFANDARI L.) en participant et en dialoguant avec les consommateurs via les canaux de médias Robust Location of New Housing sociaux appropriés. Après avoir souligné Developments Using a Choice l’importance des médias sociaux pour le Model secteur hôtelier, nous décrivons un Annals of Operations Research, vol. 271, processus séquentiel en cinq étapes qui a 2018, pp. 527–550 fait ses preuves: surveiller les propos de On propose un modèle d'optimisation en l’hôtel sur les médias sociaux ; en variables 0-1 pour la localisation de établissant une présence appropriée sur programmes de nouveaux logements les canaux sélectionnés ; faire une

114 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

basée sur un modèle de choix du numerical experiments show that the consommateur de type MNL. On robust solution remains feasible for more considère des données incertaines sur les than 6000 instances of problems tested, consommateurs, à la fois sur les volumes including Capital Budgeting, despite the de demande, et sur leurs préférences approximation of the non-linear (utilités), conduisant à une approche functions. d'optimisation robuste. Mots-clés : Dualité - Incertitude - We propose an optimization model with Optimisation robuste - Programmation 0-1 variables for the location of new linéaire - Programmation non linéaire housing developments based on an MNL Keywords: Duality - Linear Programming choice model for consumer preferences. - Non-linear Programming - Robust We propose a robust optimization Optimization - Uncertainty approach, when uncertainty lies on demand volumes or preferences. Mots-clés : Localisation - Logement - AVISON D., MALAURENT J. MNL - Modèles de choix (AVISON D. E., DAVISON R. M., Keywords: Choice Models - Housing - MALAURENT J.) Integer Linear Programming - Location Information Systems Action Analysis - Robust Optimization Research: Debunking Myths and Overcoming Barriers ALFANDARI L. Information and Management, vol. 55, (ALFANDARI L., ESPINOZA n° 2, 2018, pp. 177-187 GARCIA J.-C.) The relevance of action research as a Robust Optimization for Non-Linear research method in the information systems (IS) discipline is not disputed. Impact of Data Variation Nevertheless, the extent to which action Computers and Operations Research, research is published in good journals is vol. 99, 2018, pp. 38-47 infrequent enough to indicate a serious On propose une approche robuste pour problem. In this article, we explore the résoudre des programmes linéaires dont reasons underlying this situation and les coefficients varient non linéairement make recommendations aiming to en fonction de données incertaines, increase both the practice and the comme la VNP en fonction du taux publication of action research. To identify d'actualisation en finance. On propose both the barriers to undertaking action une approximation binaire, puis linéaire research and potential ways of par morceaux, des fonctions non linéaires. overcoming those barriers, we survey 218 Dans le deuxième cas, les tests montrent authors of 120 articles demonstrating que la solution robuste reste réalisable empirical action research published in 12 sur plus de 6000 instances de divers of our good journals during the period problèmes incluant le Capital Budgeting, 1982–2016. We received 70 usable malgré l'approximation des fonctions non responses. We also surveyed 52 editors linéaires. of selected IS journals and received 25 We propose a robust approach for usable responses. Our findings are solving Linear Programs the coefficients revealing as they indicate both genuine of which depend on uncertain data in a barriers associated with action research non-linear way, like NPVs with the and some apparent barriers that are in discount rate in finance. We propose first reality misperceptions or myths. In a binary approximation of the non-linear reflecting on these, we emphasize the functions, then a piece-wise linear special qualities of action research. We approximation. In the second case, also reflect on the critical role that action

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 115

research plays in the IS field as a whole Keywords: Final Equation Representation and its potential for further contributions - Long Memory - Marginalization - Vector to research and practice, given the strong Autoregression and close connections with organizational problem contexts that action research requires. Finally, we make a number of CHEVILLON G. recommendations that are designed to (CHEVILLON G., MAVROEIDIS S.) increase the incidence of action research Perpetual Learning and Apparent in the IS discipline Long Memory Keywords: Action Research - Doctoral Journal of Economic Dynamics & Control, Studies - Engaged Research - Journals - vol. 90, 2018, pp. 343-365 Publishing - Relevance - Rigor This paper studies the low frequency dynamics in forward looking models CHAN F. where expectations are formed using perpetual learning such as constant gain (HOEHLE H., ALOYSIUS J. A., CHAN F., least squares. We show that if the VENKATESH V.) coefficient on expectations is sufficiently Customers’ Tolerance for Validation close to unity, perpetual learning induces in Omnichannel Retail Stores strong persistence that is empirically International Journal of Logistics indistinguishable from long memory. We Management, vol. 29, n° 2, pp. 704-722 apply this result to present value models Mobile technologies are increasingly used of stock prices and exchange rates and as a data source to enable big data find that perpetual learning can explain analytics that enable inventory control the long memory observed in the data. and logistics planning for omnichannel Keywords: Consistent Expectations - businesses. The purpose of this paper is Long Memory - Perpetual Learning - to focus on the use of mobile Present-value Models technologies to facilitate customers’ shopping in physical retail stores and associated implementation challenges. KLOPP O. (KLOPP O., VERZELEN N.) Optimal Graphon Estimation in Cut CHEVILLON G. Distance (CHEVILLON G., HECQ A., LAURENT S.) Probability Theory and Related Fields, Generating Univariate Fractional 2018, doi: 10.1007/s00440-018-0878-1 Integration within a Large VAR(1) Consider the twin problems of estimating Journal of Econometrics, vol. 1, n° 204, the connection probability matrix of an 2018, pp. 54-65 inhomogeneous random graph and the This paper shows that a large dimensional graphon of a W-random graph. We vector autoregressive model (VAR) of establish the minimax estimation rates finite order can generate fractional with respect to the cut metric for classes integration in the marginalized univariate of block constant matrices and step series. We derive high-level assumptions function graphons. Surprisingly, our under which the final equation results imply that, from the minimax point representation of a VAR(1) leads to of view, the raw data, that is, the univariate fractional white noises and adjacency matrix of the observed graph, verify the validity of these assumptions is already optimal and more involved for two specific models. procedures cannot improve the convergence rates for this metric. This phenomenon contrasts with optimal rates

116 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

of convergence with respect to other level) binomial exception tests. A traffic- classical distances for graphons such as light system for model approval is the l1 or l2 metrics. proposed and illustrated with three real- Keywords: Cut Distance - Graphon - data examples spanning the 2008 Inhomogeneous Random Graph - financial crisis. Networks - Stochastic Block Model Keywords: Backtesting - Banking Regulation - Expected Short Fall - Financial Risk Management - Statistical KRATZ M. Test - Value-at-Risk (CONSTANTINESCU C., HASHORVA E.,

KRATZ M.) Foreword by the Guest Editors of KRATZ M. the RARE special issue (DACOROGNA M., ELBAHTOURI L., Annals of Actuarial Science, Vol. 12, n° 2, KRATZ M.) pp. 2019-210 Validation of Aggregated Risks The EU-funded RARE (Risk Analysis, Ruin Models theory and Extremes) project, co- Annals of Actuarial Science, vol. 12, n° 2, ordinated by Dr Corina Constantinescu 2018, pp. 433-454 (IFAM, ), Validation of risk models is required by addressed rare events and extremes by regulators and demanded by analysing environmental and financial management and shareholders. Those risks through the use of probabilistic models rely in practice heavily on Monte tools and approaches under the scientific Carlo (MC) simulations. Given their co-ordination of Professor Enkelejd complexity, the convergence of the MC Hashorva (HEC, Lausanne) and Professor algorithm is difficult to prove Marie Kratz (ESSEC, Paris). mathematically. To circumvent this problem and nevertheless explore the conditions of convergence, we suggest KRATZ M. an analytical approach. Considering (KRATZ M., LOK Y. H., MCNEIL A. J.) standard models, we compute, via mixing Multinomial VaR Backtests: A techniques, closed form formulas for risk Simple Implicit Approach to measures as Value-at-Risk (VaR) VaR or Backtesting Expected Shortfall Tail Value-at-Risk (TVaR) TVaR on a Journal of Banking and Finance, vol. 88, portfolio of risks, and consequently for n° C, 2018, pp. 393-407 the associated diversification benefit. The numerical convergence of MC simulations Under the Fundamental Review of the of those various quantities is then tested Trading Book, capital charges are based against their analytical evaluations. The on the coherent Expected Shortfall (ES) speed of convergence appears to depend risk measure, which is sensitive to tail risk. on the fatness of the tail of the marginal We argue that backtesting of the distributions; the higher the tail index, the forecasting models used to derive ES can faster the convergence. We also explore be based on a multinomial test of Value- the behaviour of the diversification at-Risk (VaR) exceptions at several levels. benefit with various dependence Using simulation experiments with heavy- structures and marginals (heavy and light tailed distributions and GARCH volatility tails). As expected, it varies heavily with models, we design a statistical procedure the type of dependence between to show that at least four VaR levels are aggregated risks. The diversification required to obtain tests for misspecified benefit is also studied as a function of the trading book models that are more risk measure, VaR or TVaR. powerful than single-level (or even two-

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 117

KUDE T. contribute to a better understanding of (KUDE T., LAZIC M., HEINZL A., the tension between IT-based synergies NEFF A.) and business-IT alignment. Decision- makers are guided in developing IT Achieving IT-Based Synergies governance capabilities to achieve IT- Through Regulation-Oriented and based synergies. Consensus-Oriented IT Governance Capabilities KUDE T. Information Systems Journal, vol. 28, n° 5, 2018, pp. 765-795 (MITHAS S., KUDE T., WHITAKER J.) This study aims at exploring the IT Artificial Intelligence and IT governance capabilities that enable Professionals organizations to achieve IT-based IEEE IT Professional, vol. 20, 2018, synergies. Following existing work on the pp. 6-13 contextualization of theories and drawing How will continuing developments in on the resource-based view of the firm artificial intelligence (AI) and machine (RBV), we develop an RBV of IT-based learning influence IT professionals? This synergies in two steps. First, we adopt article approaches this question by existing context-specific constructs and identifying the factors that influence the relationships from prior work on IT demand for software developers and IT governance capabilities, IT relatedness, professionals, describing how these and synergies to develop a preliminary factors relate to AI, and articulating the contextualization of the RBV. Second, to likely impact on IT professionals. further refine our theoretical framework, Keywords: Artificial Intelligence - we conduct an exploratory field study Artificial Intelligence And IT - AI And IT - that includes interviews with 26 CIOs and IT Professionals - Machine Learning - other IT executives from 21 multibusiness Software - Artificial Intelligence And firms. Our findings suggest that IT Software governance capabilities lead to IT-based synergies through IT relatedness and business process relatedness. We found KUDE T. regulation-oriented IT governance (FOERDERER J., KUDE T., MITHAS S., capabilities (IT roles and IT processes) to HEINZL A.) increase IT relatedness, while consensus- Does Platform Owner’s Entry Crowd oriented IT governance capabilities (IT Out Innovation? Evidence from groups and relational capabilities) had a Google Photos positive effect on business process Information Systems Research , vol. 29, relatedness. Our results suggest that, in n° 2, 2018, doi: 10.1287/isre.2018.0787 isolation, IT and business process We study how platform owners’ decision relatedness lead to IT cost synergies, to enter complementary markets affects while collectively enabling IT-induced innovation in the ecosystem surrounding business synergies. Our study is among the platform. Despite heated debates on the first to treat IT relatedness as an the behavior of platform owners toward endogenous construct and to explicitly complementors, relatively little is known integrate business process relatedness about the mechanisms linking platform into the IT governance domain. Our owners’ entry and complementary context-specific decomposition of IT innovation. We exploit Google’s 2015 governance capabilities helps to better entry into the market for photography explain their links to IT and business apps on its own Android platform as a process relatedness. These findings quasi-experiment. We conclude based on

118 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

our analyses of a time-series panel of of selfcontrol might avert him or her from 6,620 apps that Google’s entry was doing so — the psychological paradox. associated with a substantial increase in Considering that a game software trial complementary innovation. We estimate version is usually restricted through the that the entry caused a 9.6% increase in permitted grace period (time restriction) the likelihood of major updates for apps or the extent of functionality available for affected by Google’s entry, compared to use (functionality restriction), this similar but not affected apps. Further research examines the psychological analyses suggest that Google’s entry effects of these two forms of trial triggered complementary innovation restrictions on users by anchoring on the because of the increased consumer opponent-process theory. Results from attention for photography apps, instead an online study involving 128 users reveal of competitive “racing” or “Red Queen” that imposing functionality restriction effects. This attention spillover effect was could lead to strong negative particularly pronounced for larger and consequences on users’ cognitive more diversified complementors. The absorption but heighten users’ self- study advances our understanding of the control outcomes. Interestingly, imposing effects of platform owner’s entry, time restriction does not have an explicates the complex mechanisms that observable effect on these two variables. shape complementary innovation, and These findings provide insightful adds empirical evidence to the debate on theoretical and practical implications. regulating platforms. Keywords: Cognitive Absorption - Keywords: Attention Spillover - Functionality restriction - Game software Complementors - Google Photos - trial - Self-control outcomes - Time Innovation - Platform Ecosystem - Restriction Platform Entry - Platform Governance - Platform Owner - Racing - Red Queen LJUBIC I. (LEITNER M., LJUBIC I., LUIPERSBECK LI Y. M., SINNL M.) (YANG X., CHUANHOO T., LI Y., A Dual Ascent-Based Branch-and- HOCKHAI T.) Bound Framework for the Prize- Psychological Paradox of Game Collecting Steiner Tree and Related Software Trial Problems Information and Management, 2018, INFORMS Journal on Computing, vol. 30, doi: 10.1016/j.im.2018.01.002 n° 2, 2018, pp. 402-420 Game software trial versions, as the We present a branch-and-bound (B&B) scaled-down versions of the software framework for the asymmetric prize- through imposing restrictions on collecting Steiner tree problem functionality and/or usage of a grace (APCSTP). Several well-known network period, are often given to users for free design problems can be transformed to evaluation. Such a move is intended to the APCSTP, including the Steiner tree encourage the eventual purchase of the problem (STP), prize-collecting Steiner full version software. Offering a trial tree problem (PCSTP), maximum-weight version could psychologically influence connected subgraph problem (MWCS), an individual (i.e., arousing emotions as and node-weighted Steiner tree problem joy from playing the game), thereby (NWSTP). The main component of our heightening his or her willingness to pay framework is a new dual ascent algorithm (WTP) for the full version software, for for the rooted APCSTP, which generalizes which the individual’s fundamental nature Wong’s dual ascent algorithm for the

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 119

Steiner arborescence problem. The lower size of problem instances. The bounds and dual information obtained effectiveness of our method is compared from the algorithm are exploited within in an extensive computational study with powerful bound-based reduction tests the state-of-the-art exact approach, and for guiding primal heuristics. The which employs a Benders decomposition framework is complemented by based on two-stage branch-and-cut, and additional alternative-based reduction a genetic algorithm introduced during the tests. Extensive computational results on DIMACS implementation challenge on benchmark instances for the PCSTP, Steiner trees. Our results indicate that the MWCS, and NWSTP indicate the presented method significantly framework’s effectiveness, as most outperforms existing ones, both on instances from literature are solved to benchmark instances from literature, as optimality within seconds, including most well as on large-scale telecommunication of the (previously unsolved) largest networks. instances from the recent DIMACS Keywords: Benders Decomposition - Challenge on Steiner trees. Moreover, Lagrangian Relaxation - Steiner Trees - results on new asymmetric instances for Stochastic Optimization the APCSTP are reported. Since the addressed network design problems are frequently used for modeling various real- LJUBIC I. world applications (e.g., in (LEITNER M., LJUBIC I., RIEDLER M., bioinformatics), the implementation of RUTHMAIR M.) the presented B&B framework has been Exact Approaches for the Directed made publicly available. Network Design Problem with Relays LJUBIC I. Omega, vol. 31, n° 1, 2018, (LEITNER M., LJUBIC I., LUIPERSBECK doi: 10.1016/j.omega.2018.11.014 M., SINNL M.) We study the directed network design Decomposition Methods for the problem with relays (DNDPR) whose aim is to construct a minimum cost network Two-Stage Stochastic Steiner Tree that enables the communication of a Problem given set of origin-destination pairs. Computational Optimization and Thereby, expensive signal regeneration Applications, vol. 69, n° 3, 2018, devices need to be placed to cover pp. 713-752 communication distances exceeding a A new algorithmic approach for solving predefined threshold. Applications of the the stochastic Steiner tree problem based DNDPR arise in telecommunications and on three procedures for computing lower transportation. We propose two new bounds (dual ascent, Lagrangian integer programming formulations for the relaxation, Benders decomposition) is DNDPR. The first one is a flow-based introduced. Our method is derived from a formulation with a pseudo-polynomial new integer linear programming number of variables and constraints and formulation, which is shown to be the second is a cut-based formulation strongest among all known formulations. with an exponential number of The resulting method, which relies on an constraints. Fractional distance values are interplay of the dual information retrieved handled efficiently by augmenting both from the respective dual procedures, models with an exponentially-sized set of computes upper and lower bounds and infeasible path constraints. We develop combines them with several rules for branch-and-cut algorithms and also fixing variables in order to decrease the consider valid inequalities to strengthen

120 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

the obtained dual bounds and to speed LJUBIC I. up convergence. The results of our (LJUBIC I., MORENO E.) extensive computational study on diverse Outer Approximation and sets of benchmark instances show that our algorithms outperform the previous Submodular Cuts for Maximum state-of-the-art method based on column Capture Facility Location Problems generation. with Random Utilities Keywords: Integer Programming - European Journal of Operational Layered Graphs - Networks - Research, vol. 266, n° 1, 2018, pp. 46-56 Telecommunications We consider a family of competitive facility location problems in which a LJUBIC I. “newcomer” company enters the market and has to decide where to locate a set of (FISCHETTI M., LJUBIC I., MONACI M., new facilities so as to maximize its market SINNL M.) share. The multinomial logit model is used On the Use of Intersection Cuts for to estimate the captured customer Bilevel Optimization demand. We propose a first branch-and- Mathematical Programming. Series A & cut approach for this family of difficult B, vol. 172, n° 1-2, 2018, pp. 77-103 mixed-integer non-linear problems. Our We address a generic mixed-integer approach combines two types of cutting bilevel linear program (MIBLP), i.e., a planes that exploit particular properties bilevel optimization problem where all of the objective function: the first one are objective functions and constraints are the outer-approximation cuts and the linear, and some/all variables are required second one are the submodular cuts.The to take integer values. We first propose approach is computationally evaluated on necessary modifications needed to turn a three datasets from the recent literature. standard branch-and-bound MILP solver The obtained results show that our new into an exact and finitely-convergent branch-and-cut drastically outperforms MIBLP solver, also addressing MIBLP state-of-the-art exact approaches, both in unboundedness and infeasibility. As in terms of the computing times, and in other approaches from the literature, our terms of the number of instances solved scheme is finitely-convergent in case to optimality. both the leader and the follower Keywords: Branch-and-Cut - problems are pure integer. In addition, it Combinatorial Optimization - Competitive is capable of dealing with continuous Facility Location - Maximum Capture - variables both in the leader and in Random Utility Model follower problems—provided that the leader variables influencing follower’s O'CONNOR P. decisions are integer and bounded. We then introduce new classes of linear (HALLAK R., ASSAKER G., O'CONNOR P., inequalities to be embedded in this LEE C.) branch-and-bound framework, some of Firm Performance in the Upscale which are intersection cuts based on Restaurant Sector: The Effects of feasible-free convex sets. We present a Resilience, Creative Self-Efficacy, computational study on various classes of Innovation and Industry benchmark instances available from the literature, in which we demonstrate that Experience our approach outperforms alternative Journal of Retailing and Consumer state-of-the-art MIBLP methods. Services, n° 40, 2018, pp. 229-240 Cette recherche examine un modèle structurel théoriquement dérivé sur la

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 121

résilience, l'auto-efficacité créative, for 45 brands in 21 sectors using Vector l'innovation des entreprises et la Autoregression models, they find that performance dans le contexte des brand fan following improves all three restaurants haut de gamme. Les résultats mind-set metrics. ESM engagement apportent un soutien empirique aux volume affects Brand Awareness and effets de la résilience sur l'auto-efficacité Purchase Intent but not Customer créative et l'innovation. De plus, le niveau Satisfaction, while ESM positive and d'expérience de l'opérateur dans negative valence have the largest effects l'industrie crée des variances dans les on Customer Satisfaction. OSM increases prédicteurs de la performance des Brand Awareness and Customer restaurants haut de gamme. Satisfaction, but not Purchase Intent, This research examines a theoretically highlighting a non-linear effect of OSM. derived structural model on resilience, Interestingly, OSM is more likely to creative self-efficacy, firm innovation, increase Purchase Intent for high and performance in the context of involvement utilitarian brands and for upscale restaurants. Results provide brands with higher reputation, implying empirical support for the effects of that getting one's house in order yields resilience on creative self-efficacy and more credibility to OSM. Finally, Purchase innovation. Furthermore, the operator's Intent and Customer Satisfaction level of industry related experience positively affect shareholder value. creates variances in the predictors of Keywords: Brand Awarness - Customer upscale restaurant performance. Satisfaction - Earned Media - Marketing Mots-clés : Entrepreneur - Restauration Finance Interface - Owned Media - Keywords: Entrepreneurship - Restaurant Purchase Intend - Shareholders Value - Sector Social Media - Vector Autoregression

O'CONNOR P. O'CONNOR P. (COLICEV A., MALSHE A., PAUWELS K., It's the End of The Hotel Chain as O'CONNOR P.) We Know It, and I Feel Fine! Improving Consumer Mind-Set Hotel Analyst Distribution & Technology, Metrics and Shareholder Value vol. 12, n° 4, 2018, pp. 19-20 through Social Media: The Different Une analyse du développement de l'offre Roles of Owned and Earned de la chaîne hôtelière auprès des hôteliers. Journal of Marketing, vol. 82, n° 1, 2018, An analysis of development in the hotel pp. 37-56 chain offering to hotel owners. Although research has examined social Mots-clés : L'hotellerie - Marque media-shareholder value link, the role of Keywords: Branding - Hotel Industry consumer mindset metrics in this relationship remains unexplored. To this end, drawing on Elaboration Likelihood Model and Accessibility/Diagnosticity perspective, the authors hypothesize varying effects of owned and earned social media (OSM and ESM) on Brand Awareness, Purchase Intent, and Customer Satisfaction and link these consumer mind-set metrics to shareholder value (abnormal returns and idiosyncratic risk). Analyzing daily data

122 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Communications publiées dans des fitness). Moreover, our approach also actes de conférence/Articles supports the innovation and research published in conference contributions of the project. The apex of the goal hierarchy addresses the proceedings identification of criteria measuring the fitness for evolution of the designed COMYN-WATTIAU I., artifact, to accommodate for changes in goals or context. PRAT N. Keywords: Design Science Research - (HEVNER A.R., PRAT N., COMYN- Evolution - Fitness - Goals - Innovation WATTIAU I., AKOKA J.) A Pragmatic Approach for KLOPP O. Identifying and Managing Design (ROBIN G., WAI H.-T., JOSSE J., Science Research Goals and KLOPP O. , MOULINES A. É.) Evaluation Criteria Low-Rank Interactions and Sparse in: Proceedings of the 6th Pre-ICIS Additive Effects Model for Large Workshop 2018 “Practice-based Design and Innovation of Digital Artifacts” Data Frames Association for Information Systems in: Advances in Neural Information (AIS): San Francisco (U.S.A.), 2018 Processing Systems 31 (NIPS 2018) International Conference on Information Montreal (Canada), 2018 Systems (ICIS) + Workshop, Many applications of machine learning 12 December 2018 involve the analysis of large data frames – The effectiveness of a Design Science matrices collecting heterogeneous Research (DSR) project is judged both by measurements (binary, numerical, counts, the fitness of the designed artifact as a etc.) across samples – with missing solution in the application environment values. Low-rank models are popular in and by the level of new research this framework for tasks such as contributions. An important and visualization, clustering and missing value understudied challenge is how to imputation. Yet, available methods with translate DSR project research goals into statistical guarantees and efficient discrete and measurable evaluation optimization do not allow explicit criteria for use in the DSR processes. This modeling of main additive effects such as position paper proposes an inclusive row and column, or covariate effects. In approach for articulating DSR goals and this paper, we introduce a low-rank then identifying project evaluation criteria interaction and sparse additive effects for these goals. The goals are organized (LORIS) model which combines matrix hierarchically as utilitarian goals, safety regression on a dictionary and low-rank goals, interaction and communication design, to estimate main effects and goals, cognitive and aesthetic goals, interactions simultaneously. We provide innovation goals, and evolution goals. statistical guarantees in the form of upper Goals in a DSR project are identified bounds on the estimation error of both pragmatically by considering the components. Then, we introduce a mixed components of the context coupled with coordinate gradient descent (MCGD) the hierarchy of goals. Based on the method which provably converges sub- identified goals, the associated evaluation linearly to an optimal solution and is criteria are determined and organized computationally efficient for large scale along the same hierarchy. These criteria data sets. We show on simulated and measure the ability of the artifact to meet survey data that the method has a clear its goals in its context (immediate advantage over current practices.

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 123

Keywords: Heterogeneous Data - Low- in: Proceedings of the 39th International rank Matrix Completion - Missing Values Conference on Information Systems (ICIS 2018) University of San Francisco: San ONDRUS J. Francisco (U.S.A.), 2018 International (SCHIRRMACHER N.-B., ONDRUS J., Conference on Information Systems TER CHIAN TAN F.) (ICIS), 13-16 December 2018 Towards a Response to This short paper investigates how value is Ransomware: Examining Digital co-created by various actors in a digital Capabilities of the WannaCry content ecosystem without a focal platform provider. The exponential Attack growth of digital entertainment is in: 22nd Pacific Asia Conference on creating value both culturally and Information Systems (PACIS) 2018 economically at a global scale. A case Association for Information Systems study of the content-centric phenomenon (AIS): Yokohama (Japan), 2018, 22nd of “Hallyu”(Korean Wave) is utilized to Pacific Asia Conference on Information explore the process of value creation in Systems, 26 June 2018 an ecosystem without a focal platform The growth of the information security provider. As the understanding of value industry reflects the global threat of co-creation has become a pre-requisite to cybercriminal activities. Cybercriminal stay relevant in a competitive market, this activities impose significant costs on the research further answers how value co- global economy. Yet, although creation is enabled by digital platforms in cybercriminal activities are underpinned digital content ecosystems by proposing by information systems (IS), research is three typologies of value cocreation scarce on how digitalization facilitates formulated from empirical data. cybercrimes. To understand, anticipate and control successful cybercriminal modi operandi, crime researchers need to PRAT N. understand the capabilities inherent in Blockchain Analytics: A Descriptive cybercriminals. We analyze the case of Review the WannaCry attack, a global in: Proceedings of the AIM Pre-ICIS 2018 unprecedented ransomware attack, from “Convergence des TI” an IS capability perspective. Our Association Information et Management preliminary analysis suggests a three- (AIM): San Francisco (U.S.A.), 2018 phase process model of the dynamic International Conference on Information environment of WannaCry consisting of Systems (ICIS) + Workshop, 12 December cybercriminals and counterparties. During 2018 each phase, cybercriminals relied on Blockchain promises to revolutionize different types of IS capabilities to businesses and society, with many continue their operations within a possible applications. Blockchain data are changing context. a specific type of big data and are a major potential source of insights for ONDRUS J. organizations and society, which remains (KIM H., TAN F., LEONG C., KIM D. D., largely untapped. Therefore, this paper ONDRUS J., TAN B.) presents a descriptive review of blockchain analytics in design science Value Co-creation in Digital research and behavioral research and Content Ecosystems: A Study of identifies avenues for future research. Hallyu

124 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Communications présentées dans AVISON D. des conférences/Conference Reminiscences and Reflections presentations European Conference of Information Systems (ECIS): Portsmouth (UK), 26th European Conference on Information ALFANDARI L. Systems: Beyond Digitization - Facets of (ALFANDARI L., ESPINOZA- Socio-Technical Change, 23-28 June 2018 GARCIA J.-C.)

Optimisation robuste pour la localisation de nouveaux CHEVILLON G. logements avec modèle de choix Exuberance: Sentiments Driven Université de Bretagne Sud: Lorient Buoyancy (France), 19ème Congrès annuel de la Université Paris X: Paris (France), 2018 société Française de Recherche Econometric Theory and Time Series Opérationnelle et d’Aide à la Décision Analysis (ETTSA) Workshop, (ROADEF), 21 -23 February 2018 19 September 2018

ALFANDARI L. CHEVILLON G. (ALFANDARI L., ESPINOZA- (BAUWENS L., CHEVILLON G., GARCIA J.-C.) LAURENT S.) Robust Optimization for Non-Linear Forecast Comparisons for Long Impact of Data Variation Memory Université de Bordeaux: Bordeaux Aix-Marseille School of Economics: (France), International Symposium of Marseille (France), 2018 Quantitative Mathematical Optimization (ISMO) Finance and Financial Econometrics Bordeaux 2018 (International Symposium (QFFE), 28-30 May 2018 of Mathematical Optimization), 1 July 2018 CHEVILLON G. (CHEVILLON G., BAUWENS L., ALFANDARI L. LAURENT S.) Robust Optimization for Non-Linear Forecasting Long Memory via a VAR Impact of Data Variation Model Université d'Avignon: Avignon (France), CFE Network and Universita di Pisa: Pisa Workshop on Robust Optimization (RO) (Italy), 12th International Conference on Avignon, 28-29 June 2018 Computational and Financial Econometric (CFE), 14-16 December 2018

& ALFANDARI L., LJUBIC I. Labex MME-DII Université Paris Nord: (ALFANDARI L., DAVIDOVIC T., FURINI Paris (France), 1st Applied Financial F., LJUBIC I., MARAS V., MARTIN S.) Econometrics Workshop, 8 June 2018 New MIP Models for Liner Shipping Route Design with Empty Container Repositioning Université du Havre: Le Havre (France), 4th Intl Conf. on Logistics Operations Management (GOL), 10 April 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 125

CHEVILLON G. COMYN-WATTIAU I. (CHEVILLON G., BAUWENS L., Prosopographical Database LAURENT S.) Conceptual Modeling Forecasting Long Memory via a VAR Schloss Dagstuhl: Sarrebruck (Germany), Model 2018 Dagstuhl Seminar 18471, Gottfried Wilhelm Leibniz Universität 18 November 2018 Hannover: (Germany), Workshop on Long Memory, 25 October 2018 COMYN-WATTIAU I. (BEN FREDJ F., LAMMARI N, COMYN- CHEVILLON G. WATTIAU I.) (CHEVILLON G., MAVROEIDIS S.) Relational Database Perpetual Learning and Apparent Anonymization – A Model-Driven Long Memory Guiding Approach Keio University & the SNDE: Tokyo Funchal (Portugal), 2018 International (Japan), 26th Annual Symposium of the Conference on Information Systems Society for Nonlinear Dynamics & Security and Privacy (ICSSP), Econometrics (SNDE), 19-20 March 2018 22-24January 2018

CHEVILLON G. KLOPP O. (BANERJEE A., CHEVILLON G., (KLOPP O., TSYBAKOV A., VERZELEN N.) KRATZ M.) Network Models and Sparse Probabilistic Forecasting of Bubbles Graphon Estimation and Flash Crashes Université de Bordeaux: Bordeaux Sogang University: Seoul (South Korea), (France), 14th Franco-Romanian 2018 Asian Meeting of the Econometric Conference on Applied Mathematics, Society, 21-23 June 2018 14 August 2018

COMYN-WATTIAU I. KLOPP O. (AKOKA J., COMYN-WATTIAU I., (KLOPP O., VERZELEN N.) LAMASSE S., DU MOUZA C.) Optimal Graphon Estimation in Cut Modélisation conceptuelle des Distance Network Models bases prosopographiques intégrant Universidad de Valparaiso: Valparaiso la qualité (Chilli), Tercera jornada Franco-Chilena Maison de Sciences de l’Homme Paris de Estadística, 2 August 2018 Nord: Paris (France), 18ème Conférence Internationale sur l’Extraction et Gestion KLOPP O. des Connaissances (EGC2018), 22-26 January 2018 (KLOPP O., VERZELEN N.) Optimal Graphon Estimation in Cut Distance.Network Models and Sparse Graphon Estimation Institute of Mathematics and Statistics: Tartu (Estonia), 27th Nordic Conference in Mathematical Statistics (NORDSTAT), 26-29 June 2018

126 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

KRATZ M. KLOPP O. LevelKRATZ Crossings M. and Applications (KLOPPKLOPP O., O. LOUNICI K., TSYBAKOV A. LevelLund University: Crossings Lund and (Sweden), Applications B.,(KLOPP ALAYA O., M. LOUNICI Z.) K., TSYBAKOV A. LundWorkshop University: on Can Lund Stochastic (Sweden), Geometry RobustB., ALAYA Matrix M. Z.) WorkshopHandle Dynamics on Can of Stochastic Risk Management, Geometry Completion/CollectiveRobust Matrix Matrix Handle20 April Dynamics 2018 of Risk Management, CompletionCompletion/Collective Variety and Matrix Veracity of 20 April 2018 theCompletion Data in Matrix Variety Completion and Veracity of KRATZ M. theBernoulli Data Society: in Matrix Gothenburg Completion (Sweden), [InvitedKRATZ Speaker] M. Level Functionals Bernoulli40th Conference Society: onGothenburg Stochastic (Sweden), Processes for[Invited Gaussian Speaker] Fields Level and Functionals 40th(SPA) Conference and their Applications, on Stochastic Processes Applicationsfor Gaussian Fieldsto Oceanography and (SPA)11-15 June and 2018 their Applications, ApplicationsUniversity of Oxford: to Oceanography Oxford (UK), 2018 11-15 June 2018 UniversityRandom Waves of Oxford: in Oxford, Oxford (UK), 2018 KLOPP O. Random18-20 June Waves 2018 in Oxford, (KLOPPKLOPP O., O. LU Y., TSYBAKOV A. B., 18-20 June 2018 ZHOU(KLOPP H. O., H.) LU Y., TSYBAKOV A. B., KRATZ M. ZHOU H. H.) Structured Matrix Estimation and (BRÄUTIGAMKRATZ M. M., KRATZ M.) Structured Matrix Estimation and Completion [Invited(BRÄUTIGAM Speaker] M., KRATZ On the M.) CompletionInternational Society for Nonparametric Dependence[Invited Speaker] Between On the Quantile and InternationalStatistics (ISNPS): Society Salerno for Nonparametric (Italy), Dependence Between Quantile and Statistics4th Conference (ISNPS): of Salernothe International (Italy), Dispersion Estimators. Application 4thSociety Conference for Nonparametric of the International Statistics, 11-15 toDispersion Quantitative Estimators. Financial Application Risk SocietyJune 2018 for Nonparametric Statistics, 11-15 Managementto Quantitative Financial Risk June 2018 ManagementMonash University: Melbourne (Australia), Monash7th Monash-Ritsumeikan University: Melbourne Symposium (Australia), on KRATZ M. 7thProbability Monash-Ritsumeikan and Related Fields, Symposium on (DEBBABIKRATZ M.N., KRATZ M., MBOUP M.) Probability6 December and 2018 Related Fields, (DEBBABI N., KRATZ M., MBOUP M.) [Invited Speaker] A Self-Calibrating 6 December 2018 Method[Invited forSpeaker] Heavy A Tailed Self-Calibrating Data Method for Heavy Tailed Data KRATZ M. Modelling. Application in KRATZ M. Modelling. Application in [Invited Speaker] On the Regularity Neuroscience and Finance [Invited Speaker] On the Regularity Neuroscience and Finance of Time Occupation Functionals for Femhub: Pilsen (Czech Republic), of Time Occupation Functionals for Femhub:6th European Pilsen Seminar (Czech onRepublic), Computing Gaussian Processes 6th(ESCO), European 4-8 June Seminar 2018 on Computing GaussianUniversité de Processes Rouen: Rouen (France), UniversitéConference de on Rouen: ’Rough Rouen Paths (France), Theory and (ESCO), 4-8 June 2018 ConferenceMalliavin Calculus’, on ’Rough Rencontres Paths Theory and

KRATZ M. MalliavinMathématiques Calculus’, de Rouen,Rencontres [InvitedKRATZ Speaker] M. Exploration Mathématiques20-22 June 2018 de Rouen, statistique[Invited Speaker] de données Exploration d'attaques 20-22 June 2018 cyberstatistique et approche de données méthodologique d'attaques Universitécyber et approchede Versailles-Saint-Quentin-en- méthodologique UniversitéYvelines: Versailles de Versailles-Saint-Quentin-en- (France), 19 October Yvelines:2018 Versailles (France), 19 October 2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 127

KUDE T. LJUBIC I. (KUDE T., MITHAS S., HEINZL A., [Plenary Speaker] From Game SCHMIDT C.) Theory to Graph Theory: A Bilevel Too Much of a Good Thing? How Journey Team Relationship Influences German Operations Research Society Software Performance (GOR): Brussels (Belgium), International Institute for Operations Research and the Conference on Operations Research Management Sciences (INFORMS): (OR), 12-14 September 2018 Phoenix (U.S.A), Conference on Information Systems and Technology LJUBIC I. (CIST), 4-7 November 2018 (FURINI F., LJUBIC I., MARTIN S., SAN SEGUNDO P.) LJUBIC I. Analyzing the Resilience of the [Invited Speaker] Exact General- Networks with respect to Vertex- Purpose Solvers for Mixed-Integer Interdiction Attacks Bilevel Linear Programs Institute for Operations Research and the Conservatoire national des arts et métiers Management Sciences (INFORMS): (CNAM): Paris (France), 37ème Journée Phoenix (U.S.A.), 2018 INFORMS Annual Francilienne de Recherche Opérationnelle Meeting, 4-7 November 2018 (JFRO), 26 March 2018 LJUBIC I. LJUBIC I. (CORDEAU J.-F., FURINI F., LJUBIC I.) [Invited Speaker] Very Large Scale Benders Decomposition for Covering Location Problems in the Covering Location Problems Design of Advanced Metering Association of European Operational Infrastructure Research Societies (EURO): Valencia : London, Ontario (Spain), 9 July 2018 (Canada), Workshop on Smart Cities Analytics, 12 October 2018 LJUBIC I. (CORDEAU J.-F., FURINI F., LJUBIC I.) LJUBIC I. Decomposition Approaches to [Plenary Speaker] Branch-and-Cut Covering Location Problems Algorithms for Mixed-Integer Mathematical Optimization Society Bilevel Linear Programs (MOS): Bordeaux (France), Inria -Nord Europe: Lille (France), 2nd 23rd International Symposium on International Workshop on Bilevel Mathematical Programming (ISMP), Programming (IWOBIP'18), 18-22 June 1-6 July 2018 2018 LJUBIC I. (ARULSELVAN A., BLEY A., LJUBIC I.) MIP Modeling of Incremental Connected Facility Location University of Hamburg: Hambourg (Germany), 14th Institute for Operations

128 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Research and the Management Sciences (INFORMS)Research and Telecommunications the Management Sciences O'CONNOR P. Conference,(INFORMS) Telecommunications23-25 May 2018 TheO'CONNOR General Data P. Protection Conference, 23-25 May 2018 RegulationsThe General Data(GDPR) Protection 2016: Are LJUBIC I. GlobalRegulations Hotel (GDPR)Chains in2016: Compliance? Are (LEITNERLJUBIC M.,I. LJUBIC I., RUTHMAIR M., DublinGlobal Institute Hotel Chains of Technology: in Compliance? Dublin RIEDLER(LEITNER M.)M., LJUBIC I., RUTHMAIR M., (Ireland),Dublin Institute 2018 European of Technology: Council Dublin on TheRIEDLER Directed M.) Network Design Hotel,(Ireland), Restaurant 2018 European & Institutional Council on ProblemThe Directed with Network Relays Design EducationHotel, Restaurant (EuroCHRIE), & Institutional 7-9 November 2018Education (EuroCHRIE), 7-9 November UniversityProblem withof Cagliari: Relays Cagliari (Italy), 2018 7thUniversity International of Cagliari: Workshop Cagliari on (Italy), Freight Transportation7th International and Workshop Logistics, on 3 FreightJune 2018 ROMBOUTS J. Transportation and Logistics, 3 June 2018 RelevantROMBOUTS Parameter J. Changes in MALAURENT J. StructuralRelevant Parameter Break Models Changes in [Keynote]MALAURENT A Long J. Journey to UniversitéStructural Paris Break X: Paris Models (France), 2018 Publish[Keynote] at Ain Long Our Discipline.Journey to Why Is EconometricUniversité Paris Theory X: Paris and (France), Time Series 2018 ThatPublish so Difficult?at in Our Discipline. Why Is AnalysisEconometric (ETTSA) Theory Workshop, and Time Series That so Difficult? 19Analysis September (ETTSA) 2018 Workshop, European Conference of Information 19 September 2018 SystemsEuropean (ECIS): Conference Portsmouth of Information (UK), 26thSystems European (ECIS): Conference Portsmouth on (UK), Article de presse/Press article Article de presse/Press article Information26th European Systems: Conference Beyond on Digitization -Information Facets of Socio-Technical Systems: Beyond Change, Digitization 23- O'CONNOR P. 28- Facets June 2018of Socio-Technical Change, 23- O'CONNOR P. 28 June 2018 Breaking up Is Hard – 5 Pieces of Breaking up Is Hard – 5 Pieces of Advice for Owners Considering MALAURENT J. (Re-)SigningAdvice for Owners with aConsidering Hotel Brand WorkaroundMALAURENT Practices J. in the Tnooz(Re-)Signing - Talking with Travel a Technology,Hotel Brand ContextWorkaround of Global Practices Information in the NovemberTnooz - Talking 2018 Travel Technology, Systems:Context of Activity Global InformationSystems November 2018

OrchestratedSystems: Activity by Contradictions Systems and Documents de recherche/Working ExpansiveOrchestrated Learning by Contradictions and papersDocuments de recherche/Working UniversityExpansive of Learning San Francisco: San papers FranciscoUniversity (U.S.A.),of San Francisco: 2018 International San ConferenceFrancisco (U.S.A.), on Information 2018 International Systems ALFANDARI L. (ICIS),Conference 13-16 onDecember Information 2018 Systems (KESHVARIALFANDARI FARD L.M., ALFANDARI L.) (ICIS), 13-16 December 2018 Trade-offs(KESHVARI FARDbetween M., ALFANDARIthe Stepwise L.) O'CONNOR P. CostTrade-offs Function between and its the Linear Stepwise OnlineO'CONNOR Tracking P. and Privacy: An ApproximationCost Function and for itsthe Linear Modular Hub AnalysisOnline Tracking of Hotel and Company Privacy: An LocationApproximation Problem for the Modular Hub PracticesAnalysis of Hotel Company WPLocation Research Problem Center 1805 ThereWP Research exist situations Center where 1805 the CouncilPractices for Australasian Tourism and transportationThere exist situations cost is wherebetter theestimated as HospitalityCouncil for Education:Australasian Adelaide Tourism and atransportation function of the cost number is better of vehicles estimated as (Australia),Hospitality Education:2018 Journal Adelaide of Hospitality & requireda function for of transporting the number ofa load, vehicles rather Tourism(Australia), Management 2018 Journal (JHTM) of Hospitality Research & thanrequired a linear for transportingfunction of the a load, load. rather This Symposium,Tourism Management 3 May 2018 (JHTM) Research providesthan a linear a stepwise function cost of the function, load. This which Symposium, 3 May 2018 provides a stepwise cost function, which

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 129

defines the so-called Modular Hub location-scale quantile) in terms of speed Location Problem (MHLP, or HLP with of convergence of the asymptotic modular capacities) that has received covariance and correlations respectively. increasing attention in the last decade. In As application, we show in simulations a this paper, we consider formulations to good finite sample performance of the be solved by exact methods. We show asymptotics. Further, we show how the that by choosing a specific generalized theoretical dependence results can be linear cost function with slope and applied to the most well-known risk intercept depending on problem data, measures (Value-at-Risk, Expected one minimizes the measurement Shortfall, expectile). Finally, we relate the deviation between the two cost functions theoretical results to empirical findings in and obtains solutions close to the literature of the dependence between those found with the step-wise cost risk measure prediction (on historical function, while avoiding the higher samples) and the estimated volatility. computational complexity of the latter. Keywords: Asymptotic Distribution – As a side contribution, we look at the Correlation - Measure of Dispersion - savings induced by using direct Non-linear Dependence - Sample shipments in a hub and Quantile - VaR spoke network, given the better ability of a stepwise cost function to incorporate direct transportation. Numerical KRATZ M. experiments are conducted over (BRÄUTIGAM M., DACOROGNA M., benchmark HLP instances of the OR- KRATZ M.) library. Predicting Risk with Risk Measures: An Empirical Study KRATZ M. WP Research Center 1803 (BRÄUTIGAM M., KRATZ M.) In this study we consider the risk On the Dependence Between estimation as a stochastic process based on the Sample Quantile Process (SQP) - Quantiles and Dispersion which is a generalization of the Value-at- Estimators Risk calculated on a rolling sample. Using WP Research Center 1807 SQP's, we are able to show and quantify In this study, we derive the joint the pro-cyclicality of the current way asymptotic distributions of functionals of financial institutions measure their risk. quantile estimators (the non-parametric Analysing 11 stock indices, we show that, sample quantile and the parametric if the past volatility is low, the historical location-scale quantile) and functionals of computation of the risk measure measure of dispersion estimators (the underestimates the future risk, while in sample standard deviation, sample mean periods of high volatility, the risk measure absolute deviation, sample median overestimates the risk. Moreover, using a absolute deviation) – assuming an simple GARCH(1,1) model, we conclude underlying identically and independently that this pro-cyclical effect is related to distributed sample. Additionally, for the clustering of volatility. We argue that location-scale distributions, we show that this has important consequences for the asymptotic correlations of such regulation in times of crisis. functionals do not depend on the mean Keywords: Risk Measure - Sample and variance parameter of the Quantile Process - Stochastic Model - distribution. Further, we compare the VAR – Volatility impact of the choice of the quantile estimator (sample quantile vs. parametric

130 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Participations à des comités de MALAURENT J. lecture/Editorial Board Information Systems Journal memberships Journal of the Association of Information Systems

AVISON D. O’CONNOR P. Information and Management Cornell Hospitality Quarterly Information Systems Journal Information, Technology and People International Journal of Hospitality International Journal of Accounting and Management Information Management Journal of Hospitality and Tourism Journal of Strategic Information Systems Research Journal of the Association of Information Journal of Hospitality and Tourism Systems Technology Journal of Information Technology in CHAN F. Tourism Information Systems Journal Journal of Services Research Journal of Theoretical and Applied

Electronic CHEVILLON G. Commerce Research Revue Économique Journal of eCommerce Business

COMYN-WATTIAU I ONDRUS J. Ingénierie des Systèmes Electronic Commerce Research and d’Information Applications Journal of the British Blockchain Information Systems Journal Association Journal of Information Technology Management & Data Science Case and Application Research Open Journal of Information Systems Systèmes d'Information et PRAT N. Management Journal of Database Management

KLOPP Olga ROMBOUTS J. Bernoulli: A Journal of Mathematical Econometrics and Statistics Statistics and Probability International Journal of Forecasting

Journal of Business & Economic LJUBIC I. Statistics Computers and Operations Research European Journal of Operational Research Omega

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 131

Liste des membres du Faculty ESSEC Faculty Members

2018

ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 133

Comptabilité-contrôle de Andrei FILIP gestion/Accounting & Management Professor Doctorat en Sciences Économiques et Sociales, Control University of Geneva MA in Decision and Management Control in Accounting, ASE Bucharest Veronica CASARIN Assistant Professor Marie-Léandre GOMEZ PhD in Business Studies, Cardiff University Associate Professor MPhil in Accounting, London School of Doctorat en Sciences de Gestion, Université Economics and Political Science Paris X-Nanterre ESSEC Business School Florence CAVELIUS Teaching Professor Michel A. GORDIN Doctorat en Sciences de Gestion, Université Teaching Professor Paris X-Nanterre Engineer ISEP, Institut Supérieur d’Électronique EDHEC Business School de Paris M.S. in Management, Institut Français de Gestion Mark Christensen Professor – Singapore Campus Thomas JEANJEAN PhD (University of Adelaide) Thesis: Public Professor Sector Accredited Accounting PhD in Financial Accounting, Université Paris IX- Master of Business Administration, Australian Dauphine Graduate School of Management (UNSW) École Normale Supérieure de Cachan

René DEMEESTERE Anne JENY Emeritus Professor Professor Master recherche en Sciences de Gestion, Doctorat en Sciences de Gestion, HEC Paris Université Paris XII-Val-de-Marne M.S. in Economics and Finance, Université Paris Engineering, École Polytechnique IX-Dauphine

Wolfgang DICK Ping-Sheng KOH Teaching Professor Professor - Singapore Campus Doctorat en Sciences de Gestion, Université PhD in Accounting, University of Tasmania Paris XII-Val-de-Marne B.Com (Hons), University of Tasmania) ESCP Europe Bernard LECA Roger DINASQUET Professor Emeritus Professor PhD in Management Sciences, Université des Doctorat en Sciences de Gestion, Université Sciences et Technologies de Lille Paris XII-Val-de-Marne Agrégation d'Économie et de Gestion, École Diplômé d’Expertise comptable (CPA) Nationale de la Magistrature

Anastasios ELEMES Stefan LINDER Assistant Professor Associate Professor PhD in Financial Accounting, Rotterdam School Dr. (equivalent PhD), WHU-Otto-Beisheim of Management School of Management MSc in Finance and Investments, Rotterdam Dipl.-Kfm., WHU-Otto-Beisheim School of School of Management Management

Christoph ENDENICH Philippe LORINO Associate Professor Distinguished Emeritus Professor PhD in Management Accounting, TU Dortmund, Doctorat en Sciences de Gestion, Université Germany Paris XII-Val-de-Marne Business Administration, , École Polytechnique & École des Mines de Paris Germany

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 134 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Daphne LUI Droit et environnement de Associate Professor - Singapore Campus l’entreprise/Public & Private Policy PhD in Accounting, MSc in Finance, London Business School Kevin ANDRÉ Iona LUPU Assistant Professor Associate Professor PhD in Management Science, Sorbonne Business Marie-Curie Intra-European Fellowship, Cass School, Paris Busines School, London Master of Science in Management, ESSEC Doctorat en contrôle de gestion, Conservatoire Business School National des Arts et Métiers, Paris Hugues BOUTHINON-DUMAS Andreea MORARU-ARFIRE Associate Professor Assistant Professor Doctorat en Droit Privé, Université Paris Chercheur invité, Département de Comptabilité, IXDauphine The Wharton School, Université de Pennsylvanie École Normale Supérieure de Cachan Doctorat en Finance - Université de Neuchâtel Aurélien COLSON Carlos RAMIREZ Associate Professor Professor PhD in International Relations, University of Kent Habilitation à Diriger des Recherches, Université Doctorat en Science Politique, Université ParisV- de Paris I Descartes Doctorat en Sociologie, EHESS Viviane DE BEAUFORT Chrystelle RICHARD Professor Associate Professor Doctorat en Droit Communautaire Européen, Doctorat en Sciences de Gestion, Université Université Paris I-Panthéon Sorbonne Montpellier II Master in Political Science, Université ParisX- École Normale Supérieure de Cachan Nanterre

Gérard VIENS Laurence DE CARLO Emeritus Professor Professor CBE, Northwestern University PhD en Aménagement, University of Montreal HEC Paris Mastère Spécialisé en Gestion Marketing, ESSEC Business School Peter WALTON Emeritus Professor Olivier DE TISSOT PhD, London School of Economics Emeritus Professor M. Sc. Accounting & Finance, London School of Doctorat d’État en Droit Privé, Université de Economics Nice Lauréat de la Faculté de Droit de Nice Adrian ZICARI Teaching Professor Jacques DELGA Universidad Nacional de Rosario, Emeritus Professor Argentina Doctorat d’État en Droit, Université Paris I- MBA, Universidad Adolfo Ibáñez, Chile Panthéon Sorbonne Master in Law, Université Paris II-Panthéon- Assas

Geneviève HELLERINGER Associate Professor Juris Doctor, Columbia University, NY Doctorat en Droit, Université Paris I-Panthéon Sorbonne

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 135

Veronika KOROM Andreas von GOLDBECK Assistant Professor Assistant Professor Doctorat en Droit, Université Aix-Marseille PhD in Law, Trinity College, University of Magister Juris, University of Oxford Cambridge JD, Columbia University School of Law Ingrid NAPPI Professor Habilitation à Diriger des Recherches en Économie/Economics Sciences de Gestion, Université Paris-Dauphine Doctorat en Sciences Économiques, Université Paris XII-Val-de-Marne Giuseppe BERLINGIERI Assistant Professor Patrice NOISETTE Research Associate, London School of Associate Teaching Professor Economics Doctorat en Urbanisme, Université Paris VIII- PhD in Economics, London School of Economics Vincennes Saint-Denis CES en Urbanisme, École Nationale des Ponts et Gorkem CELIK Chaussées Professor PhD in Economics, Northwestern University Anne-Claire PACHE B.A. in Economics, Bilkent University, Ankara Professor PhD in Organizational Behavior, INSEAD Patricia CHARLETY M.S. in Public Administration, Harvard Kennedy Professor School of Government PhD in Finance, Wharton School, University of Pennsylvania Alain SALLEZ ESSEC Business School Emeritus Professor Doctorat en Économie et Administration des François CONTENSOU Entreprises, Université Paris I Panthéon- Emeritus Professor Sorbonne Agrégé des techniques économiques de gestion MBA, Wharton School of Business DES de la Faculté de Droit et des Sciences Administration, University of Pennsylvania Économiques de Paris

Thierry SIBIEUDE Anastasios DOSIS Teaching Professor Assistant Professor Doctorat en Géographie et Gestion de PhD in Economics, l’Environnement, Université de Cergy-Pontoise M.Phil in Economics, University of Athens Maîtrise de Gestion, Université Paris IX-Dauphine Gérard de POUVOURVILLE Marwan SINACEUR Professor Professor Doctorat en Économie et Administration des PhD in Organizational Behavior, Stanford Entreprises, Université Aix-Marseille/École Graduate School of Business, Stanford Polytechnique University Diplôme d’Études Supérieures en Sciences MSc in Management, ESCP Économiques, Université Paris I-Panthéon Sorbonne Franck VALLERUGO Teaching Professor André FOURÇANS Doctorat en Urbanisme et Aménagement, Distinguished Professor Université Paris I-Panthéon Sorbonne DBA, Indiana University ESSEC Business School Doctorat en Sciences Économiques, Université de Paris

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 136 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Marc GUYOT André-Paul WEBER Teaching Professor Emeritus Professor Doctorat en Sciences Économiques, Institut Doctorat en Économie, Université de Paris d’Études Politiques de Paris Diploma of Higher Studies in Economics, Research Master in International Economic Université de Nancy Relations, Institut d’Études Politiques de Paris

Frédéric JENNY Finance/Finance Professor Doctorat d’État en Sciences Économiques, Université Paris II-Panthéon Assas Florin AFTALION PhD in Economics, Harvard University Distinguished Emeritus Professor PhD in Finance, Northwestern University Karine LAMIRAUD Doctorat d’État en Sciences Physiques, Professor Université de Paris PhD in Economics, Paris School of Economics (PSE) and University of Lausanne Sridhar ARCOT MA in Economics, Paris School of Economics Associate Professor (PSE) PhD in Finance, London School of Economics MSc in Accounting and Finance, London School Patricia LANGOHR of Economics Assistant Teaching Professor PhD in Managerial Economics and Strategy, Laurent BACH Northwestern University Assistant Professor Diplom Volkswirtschaftslhere (Economics), PhD in Economics at the Paris School of Humboldt Universität zu Berlin Economics Mres in Economics at the London School of Jamus LIM Economics Associate Professor PhD in International Economics, Michel BARONI University of California, Santa Cruz Professor Master in Economics, London School of Habilitation à diriger des recherches, Université Economics Paris-Ouest Nanterre Doctorat en Sciences de Gestion, Université Nona PEPITO Paris X-Nanterre Assistant Professor – Singapore campus PhD in Economics, National University of Christian BITO Singapore Teaching Professor MA in Economics, University of the Philippines Doctorat d’État en Sciences de Gestion, Université d’Orléans Estefania SANTACREU-VASUT Doctorat, HEC Paris Associate Professor PhD in Economics, UC Berkeley USA Romain BOULLAND MSc in Economics, Universitat Pompeu Fabra Assistant Professor PhD in Finance, Université Paris IX-Dauphine Cristina TERRA MSc in Economics and Statistics, ENSAE Professor PhD in Economics, Princeton University Véronique BUISSON MA and B.A. in Economics, PUC, Rio de Janeiro Associate Teaching Professor Doctorat en Économie et Finance Radu VRANCEANU Internationales, Université Paris IX-Dauphine Professor ESCP Europe Habilitation à Diriger des Recherches, Université Paris I Doctorat en Économie, Université Paris II Panthéon-Assas Research

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 137

Patricia CHARLETY Jocelyn MARTEL Professor Professor PhD in Finance, Wharton School, University of PhD in Economics, University of Montreal Pennsylvania Doctoral Studies (A.B.D.) in Economics, ESSEC Business School University of British Columbia

Francis DECLERCK Patrice PONCET Associate Professor Distinguished Professor Habilitation à diriger des recherches (HDR), PhD in Finance, Northwestern University Université Montpellier 1, France ESSEC Business School PhD, University of Illinois-Urbana-Champaign Roland PORTAIT Andras FULOP Emeritus Professor Associate Professor PhD in Finance, Wharton School, University of PhD in Finance, Rotman School of Management, Pennsylvania University of Toronto Institut d’Études Politiques, Paris MA in Economics, University of Toronto Sofia RAMOS José-Miguel GASPAR Associate Professor Professor PhD in Finance, Swiss Finance Institute, PhD in Finance, INSEAD Lausanne University MBA, Universidade Nova de Lisboa Master in Economics, ISCTE, University Institute of Lisbon Elise GOURIER Assistant Professor Andrea RONCORONI PhD in Finance, University of Zurich Professor MAS in Finance, ETH Zurich Doctorat en Finance, Université Paris IX- Dauphine Jieying HONG PhD in Applied Mathematics, University of Assistant Professor - Singapore Campus Trieste - Venezia - Bocconi PhD in Finance, Toulouse School of Economics Master in Economics, Toulouse School of Romeo TEDONGAP Economics Professor PhD in Economics, Université de Montréal Artashes KARAPETYAN Engineer’s Degree in Statistics and Quantitative Assistant Professor Economics, ENSEA PhD in Finance, University of Zurich MSc in Finance, Universitat Pompeu Fabra Vijay YADAV Associate Professor - Singapore campus Laurence LESCOURRET PhD in Management, INSEAD Associate Professor M.Phil. in Development Economics, Indira Gandhi PhD in Finance, HEC Paris Institute of Development Research MSc in Economics, EHESS

Junye LI Hors département/Faculty at Large Professor - Singapore Campus PhD in Economics, Bocconi University M.Eng in Systems Engineering, Beijing Jiaotong Annick ANCELIN-BOURGUIGNON University Professor Doctorat en Sciences de Gestion, Université François LONGIN Paris Sorbonne Professor ESSEC Business School PhD in Economics, HEC Paris École des Ponts et Chaussées

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 138 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Management/Management

Carole DONADA Jérôme BARTHÉLÉMY Professor Professor Doctorat en Sciences de Gestion, HEC Paris Doctorat en Sciences de Gestion, HEC Paris M.S. in Strategy and Marketing, Université Paris Research Master in Strategic Management, IX-Dauphine Université Paris X-Nanterre Maryse DUBOULOY Alain BERNARD Emeritus Professor Emeritus Professor Doctorat en Gestion et Psychologie des M.Phil., Organisations, Université Paris IX-Dauphine/HEC ESSEC Business School DEA de Psychologie des Organisations, Université Paris IX-Dauphine Laurent BIBARD Professor Olivier FOURCADET Doctorat en Socio-Économie du Changement Teaching Professor Technique, EHESS PhD in Applied Economics, University of Doctorat en Philosophie, Université Paris IV- Wisconsin, Madison Sorbonne D.V.M., École nationale vétérinaire d’Alfortville

Hamid BOUCHIKHI Stefan GRÖSCHL Professor Professor Doctorat en Méthodes Scientifiques de Gestion, PhD, Oxford Brookes University Université Paris IX-Dauphine MSc in International Hotel and Tourism ISCAE Business School Management, Oxford Brookes University

Laurent BOURGEON Ha HOANG Associate Teaching Professor Professor Doctorat en Sciences de Gestion, IAE Aix- PhD in Organizational Behavior and International Marseille/ESSEC Business School Relations, Walter A. , M.S. in Strategy and Management, Université University of California Paris X-Nanterre B.A. Psychology with Honors, University of Chicago Fabrice CAVARRETTA Associate Professor Srividya JANDHYALA PhD in Management (Organizational Behavior), Associate Professor - Singapore Campus INSEAD PhD in Management, Wharton School, University MBA, of Pennsylvania Masters of Science in Management, London Jean-Luc CERDIN School of Economics and Political Science Professor Doctorat en Sciences de Gestion, Université de Alan JENKINS Toulouse Professor MSc in Industrial Relations and Personnel PhD in Sociology and Anthropology, University Management, London School of Economics of Liverpool B.A. Honors, University of Liverpool Sen CHAI Associate Professor Christian KOENIG DBA in Technology and Operations Associate Professor Management, Harvard Business School Doctorat en Sciences de Gestion, Université MSc en Management Science and Engineering, Paris IX-Dauphine Stanford University MA in Business Economics, Harvard University

Arijit CHATTERJEE Associate Professor - Singapore Campus PhD, Pennsylvania State University MBA, Indian Institute of Management

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 139

Jan LEPOUTRE Ashok SOM Associate Professor Professor PhD in Applied Economics, Ghent University PhD in Business Management, Indian Institute of Master in Bioscience Engineering, Katholieke Management (IIM) Universiteit Leuven MSc M.Tech., Indian Institute of Technology (IIT)

Julija MELL Karoline STRAUSS Assistant Professor Professor PhD in Organizational Behavior, Rotterdam PhD in Organizational Psychology, University of School of Management Sheffield MSc in Psychology, Humboldt University Berlin MSc in Psychology, University of Vienna

Anca METIU Junko TAKAGI Professor Teaching Professor PhD in Management, Wharton School, University PhD in Sociology, Stanford University of Pennsylvania MA, University of British Columbia MBA, University of Illinois-Urbana-Champaign Jean-Claude TARONDEAU Anand Nandkumar (Singapore) Emeritus Professor Associate Professor PhD University of Texas, Austin PhD in Public Policy and Management, Carnegie Doctorat d’État en Sciences de Gestion, Mellon University Université Paris IX-Dauphine MS (MISPPM), Carnegie Mellon University Maurice THÉVENET Cedomir NESTOROV IC Professor Teaching Professor - Singapore campus Doctorat en Sciences de Gestion, Université Aix- Doctorat en Géopolitique, Institut des Sciences Marseille III Politiques ESSEC Business School Masters in Applied Foreign Languages, Université Paris IV-Sorbonne Raymond-Alain THIETART Distinguished Emeritus Professor Elisa OPERTI PhD in Management, Columbia University Associate Professor Research Master, Université Paris IX-Dauphine PhD in Management, Bocconi University M.S. in Industrial Engineering, Polytechnic of Gilles van WIJK Turin Associate Professor PhD in Management of Organizations, Columbia Jean-Marie PERETTI University Professor Dipl. Phys. ETH, Zurich Doctorat d’État en Sciences de Gestion, Université Aix-Marseille III Maciej WORKIEWICZ D.E.S. de Science Politique Associate Professor PhD in Management, INSEAD Aarti RAMASWAMI MSc in Management, INSEAD Professor - Singapore campus PhD in O.B. and Human Resources Management, Valery YAKUBOVICH Kelley School of Business, Indiana University- Associate Professor Bloomington PhD, Stanford University MA in Industrial Psychology, Department of MA in Sociology, University of Warwick Applied Psychology, University of Mumbai Kevyn YONG Stoyan V. SGOUREV Associate Professor Professor PhD in Management, PhD in Sociology, Stanford University EdM in Mind, Brain and Education, Harvard MA in Sociology, Central European University University

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 140 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Management des opérations/Operations Marketing/Marketing Management Albert C. BEMMAOR Pietro DE GIOVANNI Professor Associate Professor PhD in Management, Purdue University PhD in Decision Management Sciences, ESSEC MBA, Columbia University Business School Doctorate in Business Administration, UNICAL, Martine BRONNER Arcavacata di Rende Teaching Professor Maîtrise, Université Paris Nanterre Philippe-Pierre DORNIER Professor Raphaëlle BUTORI Doctorat en Ingénierie et Gestion, École des Associate Professor Mines de Paris PhD in Management, Université Paris IX- MSc in Industrial Engineering, École Centrale de Dauphine Paris M.S. in Management, HEC Paris

Fouad El OUARDIGHI Tuck Siong CHUNG Professor Associate Professor - Singapore Campus PhD in Management Science, ESSEC Business Ph.D. in Marketing, University of Maryland, School College Park Doctorate in Management Science, Université M.Sc. in Development Management, Open Paris X-Nanterre University

Felix PAPIER René-Y. DARMON Professor Emeritus Professor PhD in Operations Research, University of PhD in Marketing, Wharton School, University of Cologne Pennsylvania MSc in Information Systems, University of MBA, Columbia University Muenster Arnaud DE BRUYN Xavier PAVIE Professor Teaching Professor - Singapore campus PhD in Business Administration, Pennsylvania PhD in Management, Université Paris Ouest State University Master in Marketing Management, I.G.S. Business M.S. in Economics, University of Liège school Paris Pierre DESMET Sara REZAEE VESSAL Professor Assistant Professor Doctorat d’État en Sciences de Gestion, PhD Candidate in Operations Management, HEC Université Paris IX-Dauphine Paris M.S. in Management, IESEG Master of Business Administration (MBA), Blekinge Institute of Technology Delphine DION Professor Habilitation à Diriger des Recherches (HDR), University of Paris 1 Panthéon, Sorbonne PhD in Management Sciences, University of Rennes, School of Management

Hubert FAUCHER Teaching Professor PhD in Industrial Economics, Cornell University Mastère en Économie et Gestion Agro- alimentaire, IGIA (Institut de Gestion Internationale Agro-Alimentaire)

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 141

Nicolas GLADY Sonja PROKOPEC Professor Associate Professor - Singapore campus PhD in Applied Economics, K.U. Leuven PhD in Marketing, University of Houston M.S. in Management, Solvay Business School MBA, University of Central Florida

Reetika GUPTA Steven SEGGIE Associate Professor - Singapore Campus Associate Professor PhD in Marketing, Baruch College PhD in Marketing &International Business, Master in Communication, Mudra Institute of Michigan State University Communications MBA in Business, Sabanci University, Istanbul

Thierry LARDINOIT Jean-Marc XUEREB Teaching Professor Professor Doctorat en Kinésiologie et Éducation Physique, Doctorat en Sciences de Gestion, Université Université de Louvain Paris IX Dauphine/ESSEC Business School Master in Management, Université de Louvain M.S. in Strategy and Marketing, Université Paris X-Nanterre Emmanuelle LE NAGARD Professor Habilitation à Diriger des Recherches (HDR), Systèmes d’information, sciences de la Université Paris Dauphine décision et statistiques/Information Doctorat en Sciences de Gestion, HEC Paris Systems, Decision Sciences and Statistics Richard MCFARLAND

Professor Laurent ALFANDARI PhD in Marketing, Georgia Institute of Professor Technology Doctorat en Sciences Informatiques, Université MBA, University of Arizona Paris IX-Dauphine

Research Master in Management Science, Simon NYECK Université Paris IX-Dauphine Teaching Professor

Doctorat en Marketing, ESSEC Business School David AVISON ITP, IMD Lausanne Distinguished Emeritus Professor

PhD in Information Systems Development, Aston Frédéric OBLE University Teaching Professor Habilitation à Diriger des Recherches (HDR), Doctorat en Génie des Systèmes Industriels, University of Nantes INPL Nancy

Engineering Degree in Food Industry, ENSAIA Dominique BRIOLAT Nancy Emeritus Professor

PhD in Information Systems, Université Laval Ayse ÖNÇÜLER Research Master in Information Systems, Professor Université Paris I Panthéon-Sorbonne PhD in Decision Sciences, Wharton School,

University of Pennsylvania Frank CHAN MA in Managerial Science and Applied Associate Professor Economics, Wharton School, University of PhD in Information Systems, Hong Kong Pennsylvania University of Science and Technology

BBA in Information Systems and Finance, Hong Bernard PRAS Kong University of Science and Technology Emeritus Professor

Doctorat d’État en Sciences Économiques, Guillaume CHEVILLON Université Paris IX-Dauphine Professor DBA in Business Administration, Indiana D.Phil. in Economics, University of Oxford University MSc in Engineering, École des Mines

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 142 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018

Isabelle COMYN-WATTIAU Master of Science in Information Systems, Professor National University of Singapore Habilitation à diriger des recherches (HDR), Université de Versailles Ivana LJUBIC Doctorat en Sciences Informatiques, Université Professor Paris VI-Pierre et Marie Curie PhD in Computer Science, Vienna University of Technology Anne-Marie DUSSAIX Master’s in Mathematics, University of Belgrade Emeritus Professor Doctorat de 3e cycle en Statistique, Université Julien MALAURENT Paris VI-Pierre et Marie Curie Associate Professor Licence en Sciences Économiques PhD in Information Systems and Decision Sciences, ESSEC Business School Vincenzo ESPOSITO VINZI Research Master in Information Systems, CNAM Professor PhD in Computational Statistics, University of Peter O’CONNOR Naples Professor M.S. in Business and Economics, University of PhD in Organizational Psychology, Queen Naples “Federico II” Margaret University College MSc in Information Systems, Trinity College Jean-Pierre INDJEHAGOPIAN Dublin Distinguished Emeritus Professor Doctorat en Statistiques, Université Paris VI- Jan ONDRUS Pierre et Marie Curie Associate Professor - Singapore campus Research Master in Probabilities, Université Paris PhD in Business Information Systems, HEC VI-Pierre et Marie Curie Lausanne MSc in Information Systems, HEC Lausanne Olga KLOPP Associate Professor Nicolas PRAT Habilitation à diriger les recherches, Université Associate Professor Paris Ouest Nanterre la Défense Habilitation à Diriger des Recherches en Doctorat à l’Université Nationale Autonome de Informatique, Université Paris-Dauphine Mexico (UNAM) Doctorat en Sciences Informatiques, Université Paris IX-Dauphine Marie KRATZ Professor Jeroen ROMBOUTS Habilitation à Diriger les Recherches, Professor Commission des Thèses en Mathématiques des PhD in Econometrics, CORE, UCL Universités Parisiennes & Univ. Paris 1 – Master in Statistics Sorbonne Doctorate in Applied Mathematics, Université Paris VI-Pierre et Marie Curie & UNC Chapel Hill Post-Doctorate (delegation), Cornell University

Thomas KUDE Associate Professor PhD in Information Systems, Universität Mannheim, Business School Diplom-Wirtschaftsinformatiker (combined Bachelor's and Master's degree) in Information Systems, Universität Mannheim

Yan LI Professor- Singapore Campus PhD in Information Systems, National University of Singapore

Liste des membres du corps professoral - Permanent faculty members 2018 Liste des membres du corps professoral Permanent faculty members 2018 ESSEC BUSINESS SCHOOL - ANNUAIRE DE LA RECHERCHE - RESEARCH YEARBOOK 2018 143

Éditions du Centre de Recherche du Groupe ESSEC - Edited by the ESSEC Research Center ISSN 1164-1681 ESSEC Business School 3 avenue Bernard-Hirsch CS 50105 Cergy 95021 Cergy-Pontoise Cedex France Tél. +33 (0)1 34 43 30 00 www.essec.edu

ESSEC Executive Education CNIT BP 230 92053 Paris-La Défense France Tél. +33 (0)1 46 92 49 00 www.executive-education.essec.edu

ESSEC Asie-Pacifi que 5 Nepal Park Singapore 139408 Tél. +65 6884 9780 ANNUAIRE DE LA RECHERCHE/ RESEARCH YEARBOOK 2018 www.essec.edu/asia

ESSEC | CPE Registration number 200511927D Period of registration: 30 June 2017 - 29 June 2023 Committee of Private Education (CPE) is part of SkillsFuture Singapore (SSG)

ESSEC Afrique Plage des Nations - Golf City Route de Kénitra - Sidi Bouknadel (Rabat-Salé) Maroc Tél. +212 (0)5 37 82 40 00 www.essec.edu

Le contenu présenté dans cette brochure est indicatif et peut être sujet à modifi cations, il n’est pas contractuel. 1153910120 - January 2020 - Cover photo: © Adrian825 - Not printable file. - Not printable © Adrian825 photo: - Cover - January 2020 © ESSEC Business School - 1153910120