IMD business school for management and leadership courses

Awards & Honors
Professors honored by The Case Centre among the top 50 best-selling case authors (2022/2023)
Kamran Kashani
Kamran Kashani
Emeritus Professor
Peter Killing
Peter Killing
Emeritus Professor
Dominique Turpin
Dominique Turpin
Emeritus Professor
Stefan Michel
Stefan Michel
Professor
Article
Implementing a digital strategy: Learning from the experience of three digital transformation projects

The rapid growth of digital technologies and the extraordinary amount of data that devices and applications collect each day are increasingly driving companies to radically transform the business architecture through which they create and appropriate value. However, companies may fail to extract value from digital transformation due to the disco…

Family Business Digital
Most-cited California Management Review article on the SAGE Journals site in 2023
By Alessia Correani, Alfredo De Massis, Federico Frattini, Antonio Messeni Petruzzelli and Angelo Natalicchio
in California Management Review
2020, vol. 62, no. 4, pp. 37-56, https://doi.org/10.1177/0008125620934
Implementing a digital strategy: Learning from the experience of three digital transformation projects
By Alessia Correani Alfredo De Massis Federico Frattini Antonio Messeni Petruzzelli and Angelo Natalicchio
in California Management Review 2020, vol. 62, no. 4, pp. 37-56, https://doi.org/10.1177/0008125620934
Summary
The rapid growth of digital technologies and the extraordinary amount of data that devices and applications collect each day are increasingly driving companies to radically transform the business architecture through which they create and appropriate value. However, companies may fail to extract value from digital transformation due to the disco…
Most-cited California Management Review article on the SAGE Journals site in 2023
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Research Information & Knowledge Hub for additional information on IMD publications

Article
Are family female directors catalysts of innovation in family SMEs?

While family SMEs increasingly involve women in their boards, the role of female directors as catalysts of innovation is yet to be fully understood. Drawing on upper echelons theory, we examine directors’ gender in conjunction with family affiliation to investigate the influence of family female directors on family SMEs’ innovation. Moreover, by…

Family Business Board Leadership Diversity and Equity and Inclusion
Amongst top cited papers in the Strategic Entrepreneurship Journal (January 2022-December 2023 publication period)
By Jonathan Bauweraerts, Emanuela Rondi, Paola Rovelli, Alfredo De Massis and Salvatore Sciascia
in Strategic Entrepreneurship Journal
June 2022, vol. 16, no.2, pp. 314-354, https://doi.org/10.1002/sej.1420
Are family female directors catalysts of innovation in family SMEs?
By Jonathan Bauweraerts Emanuela Rondi Paola Rovelli Alfredo De Massis and Salvatore Sciascia
in Strategic Entrepreneurship Journal June 2022, vol. 16, no.2, pp. 314-354, https://doi.org/10.1002/sej.1420
Summary
While family SMEs increasingly involve women in their boards, the role of female directors as catalysts of innovation is yet to be fully understood. Drawing on upper echelons theory, we examine directors’ gender in conjunction with family affiliation to investigate the influence of family female directors on family SMEs’ innovation. Moreover, by…
Amongst top cited papers in the Strategic Entrepreneurship Journal (January 2022-December 2023 publication period)
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
Family business restructuring: A review and research agenda

Although business restructuring occurs frequently and it is important for the prosperity of family firms across generations, research on family firms has largely evolved separately from research on business restructuring. This is a missed opportunity, since the two domains are complementary, and understanding the context, process, content, and o…

Family Business
Amongst top cited papers in the Journal of Management Studies (January 2022-December 2023 publication period)
By David King, Olimpia Meglio, Luis Gomez-Mejia, Florian Bauer and Alfredo De Massis
in Journal of Management Studies
January 2022, vol. 59, issue 1, pp. 197-235, https://doi.org/10.1111/joms.12717
Family business restructuring: A review and research agenda
By David King Olimpia Meglio Luis Gomez-Mejia Florian Bauer and Alfredo De Massis
in Journal of Management Studies January 2022, vol. 59, issue 1, pp. 197-235, https://doi.org/10.1111/joms.12717
Summary
Although business restructuring occurs frequently and it is important for the prosperity of family firms across generations, research on family firms has largely evolved separately from research on business restructuring. This is a missed opportunity, since the two domains are complementary, and understanding the context, process, content, and o…
Amongst top cited papers in the Journal of Management Studies (January 2022-December 2023 publication period)
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Article
The COVID-19 pandemic and family business performance

This study examines the impact of the COVID-19 pandemic on corporate financial performance using a unique, cross-country, and longitudinal sample of 3350 listed firms worldwide. We find that the financial performance of family firms has been significantly higher than that of nonfamily firms during the COVID-19 pandemic, accounting for pre-pandem…

Family Business Performance Management Resilience
Listed among the top 10 most downloaded papers for 2023 in Small business economics: An entrepreneurship journal
By Ivan Miroshnychenko, Giorgio Vocalelli, Alfredo De Massis, Stefano Grassi and Francesco Ravazzolo
in Small Business Economics
January 2024, vol. 62, pp. 213–241, https://doi.org/10.1007/s11187-023-00766-2
The COVID-19 pandemic and family business performance
By Ivan Miroshnychenko Giorgio Vocalelli Alfredo De Massis Stefano Grassi and Francesco Ravazzolo
in Small Business Economics January 2024, vol. 62, pp. 213–241, https://doi.org/10.1007/s11187-023-00766-2
Summary
This study examines the impact of the COVID-19 pandemic on corporate financial performance using a unique, cross-country, and longitudinal sample of 3350 listed firms worldwide. We find that the financial performance of family firms has been significantly higher than that of nonfamily firms during the COVID-19 pandemic, accounting for pre-pandem…
Listed among the top 10 most downloaded papers for 2023 in Small business economics: An entrepreneurship journal
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Research Information & Knowledge Hub for additional information on IMD publications

Article
Employee incentives and family firm innovation: A configurational approach

According to family business theory and practice, family firms often face a paradoxical tension between their anchorage to the past and the need to renew and innovate to remain competitive, which often hampers innovation. Given that innovation is inherently a social process that depends on the knowledge and creativity of an organization’s people…

Family Business Innovation Human Resources Competitiveness
18th EBS Universität für Wirtschaft und Recht Best Paper Award on Innovation, Transformation and Corporate Entrepreneurship
By Elisa Villani, Christian Linder, Alfredo De Massis and Kimberly A. Eddleston
in Journal of Management
9 March 2023, ePub before print, https://doi.org/10.1177/01492063231157323
Employee incentives and family firm innovation: A configurational approach
By Elisa Villani Christian Linder Alfredo De Massis and Kimberly A. Eddleston
in Journal of Management 9 March 2023, ePub before print, https://doi.org/10.1177/01492063231157323
Summary
According to family business theory and practice, family firms often face a paradoxical tension between their anchorage to the past and the need to renew and innovate to remain competitive, which often hampers innovation. Given that innovation is inherently a social process that depends on the knowledge and creativity of an organization’s people…
18th EBS Universität für Wirtschaft und Recht Best Paper Award on Innovation, Transformation and Corporate Entrepreneurship
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Research Information & Knowledge Hub for additional information on IMD publications

Article
Stakeholder governance for responsible innovation: A theory of value creation, appropriation, and distribution

In the face of intractable societal grand challenges, organizations increasingly resort to responsible innovation – that is, they pledge to create value for multiple stakeholders through developing new products or services that avoid doing harm and improve conditions for people and the planet. While the link between responsible innovation and so…

Social Innovation
Journal of Management Studies 2022 Best Paper Award
By Sophie Bacq and Ruth V. Aguilera
in Journal of Management Studies
July 2021, vol. 59, no. 1, pp. 29-60, https://doi.org/10.1111/joms.12746
Stakeholder governance for responsible innovation: A theory of value creation, appropriation, and distribution
By Sophie Bacq and Ruth V. Aguilera
in Journal of Management Studies July 2021, vol. 59, no. 1, pp. 29-60, https://doi.org/10.1111/joms.12746
Summary
In the face of intractable societal grand challenges, organizations increasingly resort to responsible innovation – that is, they pledge to create value for multiple stakeholders through developing new products or services that avoid doing harm and improve conditions for people and the planet. While the link between responsible innovation and so…
Journal of Management Studies 2022 Best Paper Award
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Research Information & Knowledge Hub for additional information on IMD publications

Article
Women can help family firms innovate – but socioemotional factors matter

Around Europe and elsewhere, the number of women in leadership roles is going up, and they are having a measurable impact on innovation and profits. Many researchers have found that having more women in top management, such as boards of directors, can increase innovation. Women can offer different perspectives than men and contribute to top mana…

Family Business Sustainability Leadership
2023 Schulze Publication Award
By Jonathan Bauweraerts, Emanuela Rondi, Paola Rovelli, Alfredo De Massis and Salvatore Sciascia
in FamilyBusiness.org
8 September 2022
Women can help family firms innovate – but socioemotional factors matter
By Jonathan Bauweraerts Emanuela Rondi Paola Rovelli Alfredo De Massis and Salvatore Sciascia
in FamilyBusiness.org 8 September 2022
Summary
Around Europe and elsewhere, the number of women in leadership roles is going up, and they are having a measurable impact on innovation and profits. Many researchers have found that having more women in top management, such as boards of directors, can increase innovation. Women can offer different perspectives than men and contribute to top mana…
2023 Schulze Publication Award
Contact

Research Information & Knowledge Hub for additional information on IMD publications