IMD business school for management and leadership courses

Awards & Honors
Professors honored by The Case Centre among the top 50 best-selling case authors (2023/2024)
Kamran Kashani
Kamran Kashani
Emeritus Professor
Peter Killing
Peter Killing
Emeritus Professor
Dominique Turpin
Dominique Turpin
Emeritus Professor
Stefan Michel
Stefan Michel
Professor
Carlos Cordon
Carlos Cordon
Professor
Article
Sight unseen: The visibility paradox of entrepreneurship in an informal economy

In many informal economies, entrepreneurs face a visibility paradox: increasing visibility to resource-granting stakeholders simultaneously increases exposure to resource-extracting stakeholders. To investigate this phenomenon, we leverage a unique, hand-collected, small-area census dataset of firms in the township of Delft in Cape Town, South A…

Entrepreneurship
2024 Best Paper Award – Journal of Business Venturing / Lazaridis Institute
By Robert S. Nason, Siddharth Vedula, Joel Bothello, Sophie Bacq and Andrew Charman
in Journal of Business Venturing
March 2024, vol. 39, no. 2, 106364, https://doi.org/10.1016/j.jbusvent.2023.106364
Sight unseen: The visibility paradox of entrepreneurship in an informal economy
By Robert S. Nason Siddharth Vedula Joel Bothello Sophie Bacq and Andrew Charman
in Journal of Business Venturing March 2024, vol. 39, no. 2, 106364, https://doi.org/10.1016/j.jbusvent.2023.106364
Summary
In many informal economies, entrepreneurs face a visibility paradox: increasing visibility to resource-granting stakeholders simultaneously increases exposure to resource-extracting stakeholders. To investigate this phenomenon, we leverage a unique, hand-collected, small-area census dataset of firms in the township of Delft in Cape Town, South A…
2024 Best Paper Award – Journal of Business Venturing / Lazaridis Institute
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Research Information & Knowledge Hub for additional information on IMD publications

Article
Family control, political risk and employment security: A cross-national study

Combining insights from the socioemotional wealth and institutional perspectives, we hypothesize that firms controlled by families offer greater job security to employees relative to non-family firms, and this positive employment effect is amplified in riskier institutional environments around the world. Using an unbalanced panel of 3181 listed …

Family Business
Journal of Management Studies Top Cited Article Award
By Luis R. Gomez-Mejia, Maria J. Sanchez-Bueno, Ivan Miroshnychenko, Robert M. Wiseman, Fernando Muñoz-Bullón and Alfredo De Massis
in Journal of Management Studies
September 2024, vol. 61, no. 6, pp. 2338-2372, https://doi.org/10.1111/joms.12970
Family control, political risk and employment security: A cross-national study
By Luis R. Gomez-Mejia Maria J. Sanchez-Bueno Ivan Miroshnychenko Robert M. Wiseman Fernando Muñoz-Bullón and Alfredo De Massis
in Journal of Management Studies September 2024, vol. 61, no. 6, pp. 2338-2372, https://doi.org/10.1111/joms.12970
Summary
Combining insights from the socioemotional wealth and institutional perspectives, we hypothesize that firms controlled by families offer greater job security to employees relative to non-family firms, and this positive employment effect is amplified in riskier institutional environments around the world. Using an unbalanced panel of 3181 listed …
Journal of Management Studies Top Cited Article Award
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Research Information & Knowledge Hub for additional information on IMD publications

Case Study
bKash: Financial technology innovation for emerging markets

The founder of bKash Limited (bKash), a successful mobile financial services (MFS) model pioneered in Bangladesh, built the company from scratch, targeting services at the lower socioeconomic segment of society and eventually acquiring 26 million customers. bKash has had a positive impact on the lives of countless poor people and has gained worl…

Innovation Finance Technology Management Emerging Market
2023-2024 Ivey Publishing Best Seller Award (11th among 25 expert cases)
By Ishtiaq Pasha Mahmood, Marleen Dieleman and Narmin Tartila
© 2017
bKash: Financial technology innovation for emerging markets
By Ishtiaq Pasha Mahmood Marleen Dieleman and Narmin Tartila
©2017
Summary
The founder of bKash Limited (bKash), a successful mobile financial services (MFS) model pioneered in Bangladesh, built the company from scratch, targeting services at the lower socioeconomic segment of society and eventually acquiring 26 million customers. bKash has had a positive impact on the lives of countless poor people and has gained worl…
2023-2024 Ivey Publishing Best Seller Award (11th among 25 expert cases)
Copyright ©2017
Copyright owner External Copyright
Organization bKash
Industry Finance and Insurance
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Case Study
National Payments Corporation of India: Cutting-edge Fintech ecosystem innovation in India

In recent years, India had experienced a digital revolution, emerging as a forerunner in cashless payments and, in the process, dramatically raising the level of financial inclusion in the country. The National Payments Corporation of India (NPCI), established in 2008 with the mandate to improve national payment systems, became a global gold sta…

Finance Economics
2023-2024 Ivey Publishing Best Seller Award (11th among 25 expert cases)
By Marleen Dieleman, Ishtiaq Pasha Mahmood and Sadat Reza
© 2021
National Payments Corporation of India: Cutting-edge Fintech ecosystem innovation in India
By Marleen Dieleman Ishtiaq Pasha Mahmood and Sadat Reza
©2021
Summary
In recent years, India had experienced a digital revolution, emerging as a forerunner in cashless payments and, in the process, dramatically raising the level of financial inclusion in the country. The National Payments Corporation of India (NPCI), established in 2008 with the mandate to improve national payment systems, became a global gold sta…
2023-2024 Ivey Publishing Best Seller Award (11th among 25 expert cases)
Copyright ©2021
Copyright owner External Copyright
Organization National Payments Corporation of India
Industry Finance and Insurance, Financial Services
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
Acquisition relatedness in family firms: Do the environment and the institutional context matter?

Research on the acquisition behaviour of family firms has produced conflicting theoretical arguments and mixed empirical findings on their propensity to acquire related or unrelated targets. While previous work has mainly focused on firm-level variables, this study examines the environment in which family firms operate and the institutional cont…

Family Business Mergers and Acquisitions
Journal of Management Studies Top Cited Article Award
By Michele Pinelli, Francesco Chirico, Alfredo De Massis and Alessandro Zattoni
in Journal of Management Studies
June 2024, vol. 61, no. 4, pp. 1562-1589, https://doi.org/10.1111/joms.12932
Acquisition relatedness in family firms: Do the environment and the institutional context matter?
By Michele Pinelli Francesco Chirico Alfredo De Massis and Alessandro Zattoni
in Journal of Management Studies June 2024, vol. 61, no. 4, pp. 1562-1589, https://doi.org/10.1111/joms.12932
Summary
Research on the acquisition behaviour of family firms has produced conflicting theoretical arguments and mixed empirical findings on their propensity to acquire related or unrelated targets. While previous work has mainly focused on firm-level variables, this study examines the environment in which family firms operate and the institutional cont…
Journal of Management Studies Top Cited Article Award
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Research Information & Knowledge Hub for additional information on IMD publications

Article
A family’s non-financial values shape its sustainability strategy

Family businesses often have not only financial wealth but also nonfinancial values that make them different from nonfamily companies. For instance, the family’s significant control over ownership, management, and the board accelerates decision-making processes; the family reputation built over generations gives them favorable evaluations on the…

Family Business Sustainability Strategy Value Creation
2023/24 FamilyBusiness.Org Schulze Publication Award Winner
By Josh Wei-Jun Hsueh, Alfredo De Massis and Luis R. Gomez-Mejia
in FamilyBusiness.org
10 April 2024
A family’s non-financial values shape its sustainability strategy
By Josh Wei-Jun Hsueh Alfredo De Massis and Luis R. Gomez-Mejia
in FamilyBusiness.org 10 April 2024
Summary
Family businesses often have not only financial wealth but also nonfinancial values that make them different from nonfamily companies. For instance, the family’s significant control over ownership, management, and the board accelerates decision-making processes; the family reputation built over generations gives them favorable evaluations on the…
2023/24 FamilyBusiness.Org Schulze Publication Award Winner
Contact

Research Information & Knowledge Hub for additional information on IMD publications