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Family, Family Voices, Research Findings
2022 Conference Recap: Family Enterprise in an Interconnected World
Panelists discussed new challenges, from “cancel culture” to personal privacy, which businesses, and their people, must navigate in an inescapably interconnected world.
Research Findings
Structural Equality at the Top of the Corporation: Mandated Quotas for Women Directors
This article by CBS Professor Bruce Kogut and Jordi Colomer proposes a concept of structural equality as a compromise between competing policy preferences of equality and individual liberty to address a stunning property of the governance of corporations, namely, the paucity of female directors on corporate boards.Read the article
Research Findings
Optimal Team Composition: Diversity to Foster Implicit Team Incentives
In this article by CBS Professor Jonathan Glover and E. Kim, the authors study optimal team design. Read the article
Research Findings
Translating Your Strategy Into a Compelling Leadership Message
For a strategy to be supported and acted upon, it has to live in the hearts and minds of employees.
Research Findings
Creating a Learning Society: A New Approach to Growth, Development, and Social Progress
It has long been recognized that an improved standard of living results from advances in technology, not from the accumulation of capital. It has also become clear that what truly separates developed from less-developed countries is not just a gap in resources or output but a gap in knowledge.
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Consulting, Family, Research Findings
What’s the relationship between emotions and health in a family?
In the high-stakes environment of a family enterprise, the "spillover effect" of negative emotions can do more than just disrupt board meetings—it can fundamentally alter the physiological and psychological health of family members. While decades of research have linked emotionally negative households to abnormal eating behaviors, the data has often been inconsistent. To resolve these discrepancies, Professor Michael Slepian and his colleagues examined the role of emotion contagion as a psychological filter. Their findings suggest that the risk of developing disordered eating is not a universal byproduct of a negative family climate, but rather a targeted vulnerability for those who are most "porous" to the emotions of their kin. By understanding this moderating link, family offices and enterprise leaders can better identify at-risk members and implement strategies to build emotional resilience within the family system.
Consulting, Family, Management, Research Findings
How does paid family leave impact father’s leaves and dual-earner households?
This paper provides evidence on the impact of paid leave legislation on fathers’ leave-taking, as well as on the division of leave between mothers and fathers in dual-earner households.
Family, Research Findings
Is your sense of self in your heart or your brain?
Eight studies, conducted by Professor Adam Galinsky and colleagues, explored the antecedents and consequences of whether people locate their sense of self in the brain or the heart.
Family, Ownership, Research Findings
Is it lonely at the top?
Eight studies by Professor Adam Galinsky and colleagues find a robust negative relationship between the experience of power and the experience of loneliness.
Family, Management, Ownership, Research Findings
How do firms, managers and incentives match up?
In a journal article by Oriana Bandiera, Luigi Guiso, Andrea Prat, and Raffaella Sadun, the authors combine unique administrative and survey data to study the match between firms and managers, illustrating how risk aversion and talent shape firms' selection and motivation of managers.
Family, Management, Ownership, Research Findings
How do financial resources affect decision-making?
Professor Stefan Meier and colleagues find that, among low socio-economic groups, scarce resources indeed can affect one’s willingness to delay gratification when making choices about monetary rewards.
Family, Management, Research Findings
How are information, communication and influence related?
Professor Andrea Prat and colleagues study the information flows that arise among a set of agents with local knowledge and directed payoff interactions.
Consulting, Family, Research Findings
Grandma Knows Best
How does family interaction impact age of autism spectrum disorder diagnosis?
Family, Leadership, Management, Research Findings
Do CEO’s matter? How do family deaths impact them?
Using a unique dataset from Denmark, Professor Daniel Wolfenzon and colleagues find that CEO and family deaths are strongly correlated with declines in firm operating profitability, investment and sales growth.