How to reduce income inequality? A study challenges the conventional wisdom that more is better when it comes to welfare NGOs. IESE’s Pascual Berrone and co-authors find that, after a certain point, having more NGOs actually increases income inequality because they battle for resources. The message is clear: even in altruism, competition can’t be ignored.
Weber, Eric; Ariño, Miguel Angel; Tort-Martorell, Pedro; Puigferrat, Ricard
According to a study of business trends in Spain from 2007 to 2014, small and medium-sized companies saw their revenues drop by a third while large corporations emerged from the crisis almost unscathed. Furthermore, the primary sector was the only area that didn't suffer job losses over this period. Despite signs of recovery, Spain's unemployment problem has yet to be resolved.
Accounting and Control
Jagolinzer, Alan D.; Larcker, David F.; Ormazabal, Gaizka; Taylor, D.J.
At the height of the financial crisis, just days before the U.S. government's multibillion-dollar bailout, trading among banking executives with ties to industry regulators suggests they benefited from their political connections. So finds new research by IESE's Gaizka Ormazabal and co-authors, which paints an unsettling picture of an occasionally unlevel playing field.
Business Ethics and Corporate Social Responsibility
Leadership and People Management
Visintin, Stefano; Elvira, Marta
Ghemawat, Pankaj; Altman, Steven