News
HOI research | DAOs: How skin in the game transforms decentralized finance
30 May 2024
As cryptocurrency has risen in prominence as an alternative currency, so have decentralized autonomous organizations (DAOs) risen as an alternative form of organizing enabled by technology. A new study investigates how DAOs are redefining collective action in managing digital resources. Published in MIS Quarterly, the research highlights how skin in the game in DAOs creates both the innovative governance of radically decentralized organizations and drives participation and innovation among diverse stakeholders.
New study reveals: Using existing textbooks for home study improves learning in low-income areas
27 May 2024
A paper published in The Economic Journal shows how student learning in a fragile and low-income context can be helped by more intensive use of existing textbooks for home study.
New publication | Nonstandard Errors
08 May 2024
A multi-analyst study where over 160 independent research teams in finance tested the same six hypotheses on the same data set, found very large variation in results across the research teams. Anna Dreber Almenberg and Magnus Johannesson, Professors at the Department of Economics at SSE, and co-authors publish a new article in Journal of Finance.
HOI research | Systemic crises change how investors evaluate acquisitions
21 March 2024
Published in the Journal of Management Studies, this study reveals how systemic crises, like the Great Financial Crisis of 2008-09, fundamentally alter the cognitive frameworks (or 'recipes') investors use to assess acquisition announcements.
HOI research | Repositioning entrepreneurship: embracing the biosphere and exploring the in-between
21 March 2024
In their study, Dodd, Anderson, and Jack argue for a profound repositioning of entrepreneurship research, advocating for a focus beyond economic measures to include social and environmental considerations. Their work calls for entrepreneurship to be seen as a dynamic, change-making process deeply embedded in the 'in-between' spaces of society and nature.
HOI research | Healthcare platforms need new strategies for success
14 March 2024
New research published in the MIT Sloan Management Review suggests health care platforms need unique strategies, distinct from those of traditional digital platforms, to thrive. This study underscores the importance of integration over replacement and highlights the necessity for tailored approaches in the health care sector.
New publication | Solving the Diamond–Mortensen–Pissarides model: A hybrid perturbation approach
05 March 2024
This newly published paper, written by Matthias Hänsel, a PhD student at SSE, proposes a Hybrid Perturbation method to accurately solve Search-and-Matching models. An application to the Hagedorn and Manovskii (2008) model demonstrates its effectiveness in capturing non-linear model dynamics.
New publication | The Impact of Stock Price Fragility on Corporate Financial Behavior: Evidence and Implications
13 February 2024
This paper, written by Professor Richard Friberg and co-authors, investigates how firms adjust their financial strategies in response to changes in exposure to non-fundamental price movements, known as stock price fragility. Through theoretical modeling and empirical analysis, we explore the implications of stock price fragility on corporate cash holdings, investment decisions, and liquidity management.
HOI research | Family business reveals disclosure strategies during financial crisis
08 February 2024
A new study published in The British Accounting Review has uncovered how family businesses strategically shape disclosure practices during times of financial distress. The research provides a rare inside look at the decision-making of top executives, board members, and owners of a major Swedish family business as they navigated a period of near bankruptcy.
HOI research | Online shopping favors environmental labels, in-store promotes social labels
01 February 2024
Service firms aiming for sustainability can benefit by aligning their marketing strategies with consumer motives across different shopping channels. A new study published in the Journal of Service Retail reveals that online shoppers select products with environmental labels, while in-store shoppers pick products with social sustainability labels.