Latest on Organizations & Markets
Pulling Back the Curtain on Corporate Diversity
First-of-its-Kind Research Reveals Public U.S. Companies are Behind on Diversity and Hiding Their Numbers
Beyond Brainstorming: Teaching Students and Business Leaders How to Think Bigger
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Business and Society
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Choice Architecture: How to Improve Decision-Making
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Photo Essay: One year in MHVL
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Interest Rates and Inflation: What’s Next for the Federal Reserve?
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Columbia Business
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5 Questions About Value Investing and Finance
Organizations & Markets Faculty
CBS Faculty Research on Organizations & Markets
Can better managers save lives? Lessons from Chile’s civil service reform in public hospitals
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- November 11, 2025
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Newspaper/Magazine Article
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- 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.
The Data Frontier: Expanding Empirical Horizons in Chinese Management Research
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Lori Yue and Mia Raynard
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- November 7, 2025
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Journal Article
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- 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.
Managers and Public Hospital Performance
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Pablo Muñoz and Cristobal Otero Ruiz-Tagle
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- November 1, 2025
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Journal Article
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- 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.
Generative AI and Firm Productivity: Field Experiments in Online Retail
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- Date
- Forthcoming
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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.
The cost of banning TikTok: Implications for the digital advertising market
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- September 15, 2025
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Journal Article
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- 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.
Organizational Nationalism
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Lori Yue and Yusaku Takeda
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- Forthcoming
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Journal Article
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- 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.
Savvy or savage? How worldviews shape appraisals of antagonistic leaders
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- July 14, 2025
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Journal Article
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- 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.
The Gender Pay Gap: Micro Sources and Macro Consequences
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Iacopo Morchio and Christian Moser
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- June 12, 2025
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Journal Article
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- 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.
CSR as Hedging Against Institutional Transition Risk: Corporate Philanthropy After the Sunflower Movement in Taiwan
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- April 16, 2025
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Journal Article
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- 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.