New research finds most consumers want to make sustainable choices to help mitigate the climate crisis, but lack the knowledge to reliably do so
Research from Columbia Business School reveals that understanding how biases persist in evaluations can help to address inequality
Research from Columbia Business School Reveals How Consumers Perceive Pricing Set by Algorithms
Keeping secrets on behalf of workplace has both positive and negative effects on well-being at work according to a new Columbia Business School study
Columbia Business School research finds Black and white workers quit jobs for different reasons, highlighting racial disparities
For its 15th anniversary, the award for operational excellence recognizes executives Ford, of Land O’Lakes, Inc., and Sweet, of Accenture
White paper reveals barriers to innovation and strategies for realizing transformative improvements
The Tamer Institute for Social Enterprise and Climate Change Will Address Urgent Need for Business Climate Research and Education
The following message was sent to the Columbia Business School Community on October 10, 2023.
Designed by Columbia Business School, the New Initiative Will Accelerate the Teaching of Climate Change in Business Schools Globally
"What's interesting about Trump's recent proposals is that they include tariffs on goods from Mexico and Canada. That's going to have some impact on people's daily purchases. For example, food and agricultural goods. Lots of our fresh vegetables and fresh fruits come from Mexico and Canada. If they impose a 25% tariff on these goods, that's really going to have an impact on our day-to-day consumption."
- Professor Lori Yue
"The future is going to look hybrid. There are benefits to being in person, but that doesn’t need to be five days a week by any stretch of the imagination."
- Professor Stephan Meier
"The left has a problem in that they focus on issues that are salient within the centers of the prestige of the left, and they’re not good at sampling or reminding themselves of what the broad majority of voters care about. Some of that is a result of the residential sorting by political parties that has happened over the last two generations and is hounded by the news sorting that has happened over the last generation."
- Professor Michael Morris
"Here's the situation we entered on election eve. We have looming distress, we have interest rates that are high. And as you know, the big problem post-election is that the Fed is slowly losing control of long-term yields."
- Professor Tomasz Piskorski
Professor Robert Willens on tax loopholes for business executives joining the Trump Administration, "Without a doubt, this is very much an incentive. You've got an opportunity to achieve what amounts to a tax-free diversification of your concentrated investment in your employer. When your property is condemned or destroyed or seized or requisitioned and you realize a gain, it was felt that you ought to be able to defer the gain. This provision is based on that exact theory that certain involuntary gains shouldn't be taxed as long as you comply with the reinvestment requirements."
Professor Angela Lee on how Wall Street could value OPENAI, "The issue is that there are probably six to 10 different ways to value a company. And depending on who you ask, and my guess is, depending on which model you use, you could be off by a factor of like 3x to 5x."
Professor Parinitha Sastry on the impact of climate risks on insurance premiums, "I can understand why people in states like Florida are hurting because suddenly their premiums are double or triple what they were, it’s a huge shock. Regulators are grappling with this trade-off with the quality of insurance and the affordability of the insurance. It’s a tough balancing act."
Professor Brett House on novel ways people are seeking employment opportunities, "[That shift] might be a by-product of people’s greater willingness to be open. Not too long ago, people would’ve been mortified to say they were open to work."
Daniel (Dongil) Keum is an Associate Professor of Management at Columbia Business School. His research interests lie in innovation, organizational structure, labor market policy, and their application to public policy formation. He holds a PhD from NYU Stern School of Business and an AB with high honors in economics and mathematics from Dartmouth College. Prior to pursuing a career in academia, Daniel worked at McKinsey & Company for four years. His primary industry experience is in retail, fashion, and corporate portfolio restructuring.
Stephan Meier is currently the chair of the Management Division and the James P. Gorman Professor of Business at Columbia Business School. He holds a PhD in Economics from the University of Zurich, was previously a senior economist at the Center for Behavioral Economics and Decision-Making at the Federal Reserve Bank of Boston and taught courses on strategic interactions and economic policy at Harvard University and the University of Zurich. His research interest is in behavioral strategy.
Professor Parinitha (Pari) Sastry is an assistant professor of finance at Columbia Business School. Her research focuses on climate change, financial intermediation, and real-estate markets. She received her B.A. from Columbia University and her finance Ph.D. from the Massachusetts Institute of Technology. She has worked previously at the Department of Treasury, Task Force on Climate-Related Financial Disclosures, Brookings Institution, and New York Fed.
Michael Ewens is the David L. and Elsie M. Dodd Professor of Finance and co-director of the Private Equity Program. He is also a Research Associate at the National Bureau of Economic Research (NBER), Associate Editor of the Journal of Financial Economics, Associate Editor at the Review of Financial Studies, Assoicate Editor at Management Science, Associate Editor at the Journal of Corporate Finance, and co-editor of the Journal of Economics & Management Strategy. He received a Ph.D.
Adam Galinsky is the Vice Dean for Diversity, Equity and Inclusion and Paul Calello Professor of Leadership and Ethics at the Columbia Business School.
Professor Galinsky has published more than 300 scientific articles, chapters, and teaching cases in the fields of management and social psychology. His research and teaching focus on leadership, negotiations, diversity, decision-making, and ethics.
Nataliya Langburd Wright is an Assistant Professor in the Management Division of Columbia Business School. Her research focuses on entrepreneurial strategy, particularly the strategic and technological drivers of global entrepreneurial growth. It is published in the Strategic Management Journal and Research Policy and earned awards from the Academy of Management, PTC, the Columbia Business School Digital Future Initiative, and the Strategic Management Society.
Brett House is Professor of Professional Practice in the Economics Division at Columbia Business School. His research and writing are focused on macroeconomics and international finance, with interests in fiscal issues, monetary policy, international trade, financial crises, and debt markets. His work has been published in peer-reviewed journals and international media.
Since 2008, Robert Willens has been the president of his own tax and accounting service. Previously, he was a Managing Director in the Equity Research department at Lehman Brothers, Inc in New York for 20 years. Mr.
