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Organizations & Markets

See the latest research, articles and faculty on the Organizations & Markets Area of Expertise at Columbia Business School.

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Latest on Organizations & Markets

Economics and Policy
Date
December 19, 2023
A shipping container ship at a port being unloaded by gantry operators
Economics and Policy

Mind the Trade Gap: How a Relational Perspective Can Enhance Understanding

Adapted from “Global Value Chains in Developing Countries: A Relational Perspective from Coffee and Garments,” by Laura Boudreau of Columbia Business School, Julia Cajal Grossi of the Geneva Graduate Institute, and Rocco Macchiavello of the London School of Economics.
  • Read more about Mind the Trade Gap: How a Relational Perspective Can Enhance Understanding about Mind the Trade Gap: How a Relational Perspective Can Enhance Understanding
Economics and Policy, Entrepreneurship and Innovation
Date
August 09, 2023
People walking and interacting in a business district of a city
Economics and Policy, Entrepreneurship and Innovation

Pulling Back the Curtain on Corporate Diversity

CBS Professor Thomas Bourveau reveals how diverse our largest corporations are — and which ones are hiding that information from investors
  • Read more about Pulling Back the Curtain on Corporate Diversity about Pulling Back the Curtain on Corporate Diversity
Accounting Ethics and Leadership News, Equity & Inclusion News
Date
June 22, 2023
A white keyboard sitting on a white tabletop. Photo by iMattSmart on Unsplash
Accounting Ethics and Leadership News, Equity & Inclusion News
Accounting News
Accounting Press Release
Diversity
Diversity, Equity & Inclusion News
Press Release

First-of-its-Kind Research Reveals Public U.S. Companies are Behind on Diversity and Hiding Their Numbers

Columbia Business School Study is First to Describe New Workforce Diversity Data and Finds that Less-Diverse Companies are Less Likely to Publicize Their Diversity Numbers
  • Read more about First-of-its-Kind Research Reveals Public U.S. Companies are Behind on Diversity and Hiding Their Numbers about First-of-its-Kind Research Reveals Public U.S. Companies are Behind on Diversity and Hiding Their Numbers
Entrepreneurship, Future of Work, The Workplace
Date
June 05, 2023
CBS Photo Image
Entrepreneurship, Future of Work, The Workplace

Beyond Brainstorming: Teaching Students and Business Leaders How to Think Bigger

CBS Professor Sheena S. Iyengar’s latest book outlines a new framework for innovation and ideation — and completely overturns conventional wisdom about brainstorming.
  • Read more about Beyond Brainstorming: Teaching Students and Business Leaders How to Think Bigger about Beyond Brainstorming: Teaching Students and Business Leaders How to Think Bigger
Climate and Consumer Behavior, Entrepreneurship and Innovation, Innovation, Marketing, Operations, Organizations, Technology
Type
Business and Society
Date
March 15, 2023
Climate and Consumer Behavior, Entrepreneurship and Innovation, Innovation, Marketing, Operations, Organizations, Technology

Choice Architecture: How to Improve Decision-Making

Columbia Business School's Norman Eig Professor of Business Eric J. Johnson shares insights from his research into how the structure of choices affects outcomes.
  • Read more about Choice Architecture: How to Improve Decision-Making about Choice Architecture: How to Improve Decision-Making
Entrepreneurship, Technology
Date
December 05, 2022
CBS Landing Image
Entrepreneurship, Technology

Photo Essay: One year in MHVL

Photo Essay: One year in MHVL
  • Read more about Photo Essay: One year in MHVL about Photo Essay: One year in MHVL
Capital Markets and Investments, Economics and Policy, Future of Work, Marketplace, Organizations, Strategy
Date
November 14, 2022
n/a
Capital Markets and Investments, Economics and Policy, Future of Work, Marketplace, Organizations, Strategy

Interest Rates and Inflation: What’s Next for the Federal Reserve?

Professor Pierre Yared describes why the U.S. economy is unlikely to see an economic downturn comparable with the 1970s.
  • Read more about Interest Rates and Inflation: What’s Next for the Federal Reserve? about Interest Rates and Inflation: What’s Next for the Federal Reserve?
Economics and Policy, Entrepreneurship, Innovation
Type
Columbia Business
Date
October 12, 2022
Economics and Policy, Entrepreneurship, Innovation

5 Questions About Value Investing and Finance

Tano Santos, the Robert Heilbrunn Professor of Asset Management and Finance and Director of Columbia Business School’s Heilbrunn Center for Graham and Dodd Investing, discusses the school’s approach to value investing and finance.
  • Read more about 5 Questions About Value Investing and Finance about 5 Questions About Value Investing and Finance

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Organizations & Markets Faculty

A headshot of Jonah Rockoff

Jonah Rockoff

Paul Garrett Professor of Public Policy and Business Responsibility
Economics Division
Jacopo Perego

Jacopo Perego

Class of 1967 Associate Professor of Business
Economics Division
Paul Ingram

Paul Ingram

Kravis Professor of Business
Management Division

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CBS Faculty Research on Organizations & Markets

Can better managers save lives? Lessons from Chile’s civil service reform in public hospitals

Authors
Cristobal Otero Ruiz-Tagle
Date
November 11, 2025
Format
Newspaper/Magazine Article
Publication
VoxDev

Merit-based recruitment and higher pay in Chile’s public hospitals attracted better-trained managers – leading to lower mortality rates and improved healthcare performance.

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The Data Frontier: Expanding Empirical Horizons in Chinese Management Research

Authors
Lori Yue and Mia Raynard
Date
November 7, 2025
Format
Journal Article
Journal
Management and Organization Review (MOR)

This editorial examines the empirical foundations of Chinese management research through an analysis of data sources and research designs in all empirical papers published in Management and Organization Review (MOR) over the past five years. Our review shows that 53.2% of studies rely on archival or secondary data, with 37% of quantitative studies focusing on publicly listed firms. While established datasets provide consistency and comparability, their prevalence may limit opportunities to explore China’s diverse organizational ecosystem.

Read More about The Data Frontier: Expanding Empirical Horizons in Chinese Management Research

Managers and Public Hospital Performance

Authors
Pablo Muñoz and Cristobal Otero Ruiz-Tagle
Date
November 1, 2025
Format
Journal Article
Journal
American Economic Review

We study whether the quality of managers can affect public service provision in the context of public health. Using novel data from public hospitals in Chile, we show how the introduction of a competitive recruitment system and better pay for public hospital CEOs reduced hospital mortality by 8 percent. The effect is not explained by a change in patient composition. We find that the policy changed the pool of CEOs by displacing doctors with no management training in favor of CEOs who had studied management.

Read More about Managers and Public Hospital Performance

Generative AI and Firm Productivity: Field Experiments in Online Retail

Authors
Lu Fang, Zhe Yuan, Kaifu Zhang, Dante Donati, and Miklos Sarvary
Date
Forthcoming
Format
Working Paper

We quantify the impact of Generative Artificial Intelligence (GenAI) on firm productivity through a series of large-scale randomized field experiments involving millions of users and products at a leading cross-border online retail platform. Over six months in 2023-2024, GenAI-based enhancements were integrated into seven consumer-facing business workflows. We find that GenAI adoption significantly increases sales, with treatment effects ranging from 0% to 16.3%, depending on GenAI’s marginal contribution relative to existing firm practices.

Read More about Generative AI and Firm Productivity: Field Experiments in Online Retail

The cost of banning TikTok: Implications for the digital advertising market

Authors
Dante Donati and Hortense Fong
Date
September 15, 2025
Format
Journal Article
Journal
Proceedings of the National Academy of Sciences (PNAS)

Social media platforms have become vital channels for businesses to reach consumers through advertising. But in the United States, the digital advertising market in which these platforms operate is dominated by a few major players, raising concerns for antitrust regulators. In such a concentrated market, the entry or exit of a single platform can reallocate billions in ad spending, affecting businesses and users.

Read More about The cost of banning TikTok: Implications for the digital advertising market

Organizational Nationalism

Authors
Lori Yue and Yusaku Takeda
Date
Forthcoming
Format
Journal Article
Journal
Research in Organizational Behavior

The global rise of nationalism has distorted the neoliberal vision of a borderless world where the nationality of businesses would be rendered obsolete. While nationalism can promote solidarity and progress, it also has the potential to deepen social divisions and fuel conflict-realities that organizations cannot ignore. In this paper, we propose a theory of organizational nationalism, which positions organizations not merely as passive responders to nationalist institutional pressures or geopolitical risks but as active agents in shaping nationalistic beliefs, values, and policies.

Read More about Organizational Nationalism

Savvy or savage? How worldviews shape appraisals of antagonistic leaders

Authors
Christine Nguyen and Daniel Ames
Date
July 14, 2025
Format
Journal Article
Journal
Journal of Personality and Social Psychology

Existing theories present a mixed account of how perceivers’ views of a target person’s antagonism relate to their perceptions of the target’s general competence and leadership effectiveness. We argue that, rather than being universal, the relationship between these perceptions varies according to perceivers’ idiosyncratic worldviews. In particular, we theorize and find across seven studies (total N = 2,065) that competitive worldview (CWV) serves as a lens through which perceivers interpret and evaluate others’ antagonistic behavior.

Read More about Savvy or savage? How worldviews shape appraisals of antagonistic leaders

The Gender Pay Gap: Micro Sources and Macro Consequences

Authors
Iacopo Morchio and Christian Moser
Date
June 12, 2025
Format
Journal Article
Journal
American Economic Review

Using linked employer-employee data from Brazil, we document a significant gender pay gap, which is largely attributed to women working at lower-paying employers. To interpret this fact, we develop an equilibrium search model with endogenous firm pay, amenities, and hiring. We provide a constructive proof of identification of all model parameters. The estimated model suggests that amenities are important for both men and women, and that compensating differentials account for half of the gender pay gap.

Read More about The Gender Pay Gap: Micro Sources and Macro Consequences

CSR as Hedging Against Institutional Transition Risk: Corporate Philanthropy After the Sunflower Movement in Taiwan

Authors
Yishu Cai, Lori Yue, Fangwen Lin, Shipeng Yan, and Haibin Yang
Date
April 16, 2025
Format
Journal Article
Journal
Administrative Science Quarterly

Firms with political connections to a regime with an authoritarian history face a dilemma when the regime undergoes a democratic transition. Such connections provide an essential competitive advantage when the regime is in power but become a liability when an institutional transition brings democratic change. This study theorizes that when mass protests expose a regime’s distorted policies favoring elites over others and signal a high probability of regime turnover, firms may hedge against the risks associated with their political connections by engaging in philanthropy.

Read More about CSR as Hedging Against Institutional Transition Risk: Corporate Philanthropy After the Sunflower Movement in Taiwan

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