2024 Spotlight on Research ISSUU by Schulich School of Business

SPOTLIGHT ON

Schulich School of Business I 2024

RESEARCH

A Record-Setting Year of Research Achievement

Dean Neu & Gregory Saxton: Advancing Social Accountability

Yelena Larkin’s Canadian Research Leadership

Moshe Milevsky’s Journey to 18th Book

Julian Scott Yeomans’ Sensitivity Analysis Book

The researchers at the Schulich School of Business are consistently developing new insights for both emerging and prominent fields of business.

Our faculty members continue to demonstrate leadership in various areas of management research and have increased international visibility and relevance to audiences within and outside academia.

Knowledge for the Future: Research Excellence and Knowledge Mobilization

Research excellence is foundational to Schulich’s mission and central to our vision of shaping business education and practice through bold ideas and rigorous scholarship.

This past year has been one of record-setting achievement for our research community. Schulich faculty secured $1.67 million in research funding — the highest in our School’s history — and submitted a record number of grant applications. Our faculty continue to publish widely in the world’s leading journals, and our school is rated #1 in Canada for both field-weighted citation impact and top-tier journal publications. Their work is advancing new thinking in areas ranging from climate finance and consumer behaviour to artificial intelligence and equity in organizations.

We’ve also expanded our research capacity with new clinical and research chairs in areas such as sustainable finance, real estate and infrastructure, and innovation and

entrepreneurship — core domains where Schulich is a recognized leader nationally and building a growing global presence. Our partnership with Corporate Knights to develop Canada’s first Climate Finance Index — tracking and measuring corporate spending to accelerate decarbonization — is just one example of Schulich’s commitment to knowledge mobilization and societal impact.

To amplify the reach of our research, we also created a new Knowledge Mobilization Specialist role and introduced Research @ Schulich, a podcast series highlighting the work of our world-class scholars.

At the same time, we remain focused on strengthening our research infrastructure and partnerships, and

on securing funding for strategic research chairs in new and emerging fields. These efforts are critical to supporting our talented faculty and our PhD students — 42 of whom have graduated in the past five years and gone on to academic positions at business schools around the world.

Thank you for joining us in celebrating another outstanding year of research excellence at Schulich.

Sincerely,

DETLEV ZWICK, P h D Dean & Tanna H. Schulich Chair in Digital Marketing Strategy Schulich School of Business

Welcome to the Schulich School of Business 2024 Spotlight on Research

Welcome to our annual report on research. We produce Spotlight on Research each year to provide our stakeholders with an overview of the faculty’s scholarly undertakings and achievements of the preceding calendar year. And we’ve got a lot to share this year!

One of the highlights of 2024 was “Research Day” which was held in April and brought together a large contingent of faculty, doctoral students and alumni who participated in plenary panels and expert conversations. More than 30 research posters were on display so that scholars from across the school could learn more about each other’s latest research. During the event, the winners of the prestigious Dean’s Research Impact Awards were announced. Read the writeup on the event to find out which faculty members received the Emerging Leader and Lifetime Achievement awards.

Then, have a look at the feature article on research that’s “rewriting the rules of work.” You will learn about fascinating topics such as “bad bosses,” accent-based discrimination, the paradoxes of parental leave, and

the surprising upsides of threats to social identity when diversity efforts are implemented.

The overview of work being done by colleagues associated with the Centre of Excellence in Responsible Business (COERB) is also worth a read. It highlights how that group is continuously updating courses in the Sustainability specialization as our collective understanding of topics in this critical arena evolve. It also draws attention to a recent partnership developed with Corporate Knights to create a new Canadian climate finance index. And it covers an event that brought together industry leaders, faculty, students and alumni to discuss how generative artificial intelligence might be harnessed to develop innovations in support of a sustainable future.

This year’s Spotlight on Research also features “deep dives” into the research of a few specific Schulich scholars. Two Accounting professors, Dean Neu and Gregory Saxton , are leading lights in the social accountability field, and their profile provides an overview of some of their most recent contributions to this critically important conversation. Likewise, the work of Finance associate professor Yelena Larkin is given in-depth coverage that details the research agenda she has crafted to help uncover how product market structures and intangible forms of capital shape both the behavior of specific corporations and the economy as a whole.

Two very different books published by Schulich faculty in 2024 are also highlighted. One is Finance professor Moshe Milevsky ’s 18 th (!) book which examines the religious

roots of longevity risk sharing. The other is Operations Management & Information Systems professor Julian Scott Yeoman s ’ new text describing a breakthrough methodology for conducting sensitivity analysis. Read about them here, or better yet, buy both books and read them cover to cover!

The Office of the Associate Dean, Research (ADR) is committed to supporting the mobilization of knowledge created by our faculty members. One way we do so is by encouraging them to share news about the research they’re presenting, publishing and publicizing via the dedicated email address (researchsuccess@schulich.yorku.ca).

Our Knowledge Mobilization Specialist, Andrew Micak, collects these messages and creates LinkedIn posts to circulate information about our research to broader audiences. Recently, our office has begun to publish a Research @ Schulich newsletter that is being sent out three times each year to share this information with a broader swathe of stakeholders (see https://schulich. yorku.ca/faculty-research/spotlighton-research/research_schulich/ ).

And in 2024, in collaboration with Professor Cameron Graham, the ADR’s office began co-producing the Research @ Schulich podcasts featuring interviews with faculty about specific research projects.

Our office helps to update the Faculty & Research section on the Schulich website that includes modules on the Spotlight on Research, Faculty Impact, Research Funding, a Publications Database, Schulich’s Centres of Excellence and other research institutes and labs, and a breakdown of Schulich faculty by research area.

We hope you enjoy reading about our extensive and impactful research as much as we enjoy sharing it with you. And, most of all, we would be happy to hear from you. Please email any feedback, suggestions, or comments you may have to researchsuccess@ schulich.yorku.ca

DR. EILEEN FISCHER

Associate Dean, Research; Professor of Marketing; Anne & Max Tanenbaum Chair in Entrepreneurship and Family Enterprise Schulich School of Business

DR. FARHANA ISLAM Research Officer

Office of the Associate Dean, Research Schulich School of Business

Take a deep dive into the achievements of some of the most accomplished researchers in their respective fields and see where academic rigour meets real-world relevance to drive innovations for business and society.

Schulich Research Day 2024: A

Celebration of Innovation, Research Excellence and Creative Achievements

A thought-provoking plenary panel discussion, expert conversations on Schulich’s trailblazing research, and a presentation of the prestigious Dean’s research impact awards.

Research Day plenary panelists, from left to right: Professors Eileen Fischer, Detlev Zwick, Kiridaran Kanagaretnam, Moren Lévesque, Dirk Matten, Grant Packard.

On April 18, over 80 alumni, students, faculty, staff, and guests gathered at the Schulich School of Business for Research Day 2024, a biennial celebration of the research achievements and collaborations undertaken by Schulich’s faculty and staff. The event was held in the renowned Rob and Cheryl McEwen Graduate Study & Research Building.

Attendees began the day with a reception held in the Mamdouh Shoukri Atrium, which included an opportunity to view 31 research posters prepared by Schulich faculty members and PhD students. Research teams were on hand to explain and discuss the posters showcasing leading-edge management to visitors from the universities and business communities. Presentations included research projects across all management disciplines and industries. Many of the studies were cross-disciplinary and involved collaboration with researchers in other York University faculties, as well as other universities.

The poster “Neurodiversity, Family Consumption, and Canada’s Marketplace” by Schulich PhD candidate Raisa Tasneem Zaman and Schulich Professors Ela Veresiu and Russell W. Belk was voted “best poster” by Research Day participants.

Schulich’s Associate Dean of Research and Marketing Professor Eileen Fischer, introduced Research Day by inviting attendees to take the research presented as a way to “take inspiration about the community that we’re all a part of.”

Schulich Dean Detlev Zwick also addressed the audience, stating: “Research Day is a terrific opportunity for us to showcase the excellent work of our faculty, to pay tribute to some of our colleagues for their outstanding work and promise, and to explore some of the latest trends and key issues dominating the current research landscape.”

The event offered an intellectually stimulating plenary discussion, expert conversations on Schulich’s trailblazing research, presentation of the prestigious Dean’s Research Impact Awards, and an academic excellence reception in honour of our award recipients.

31 research posters were prepared by Schulich faculty members and PhD students for Research Day 2024.

VOTED BEST POSTER

Eileen Fischer and PhD

Raisa Tasneem Zaman pose in front of Raisa’s winning poster, “Neurodiversity, Family Consumption, and Canada’s Marketplace”.

Schulich Research Day was attended by academics, students, alumni, and staff.

Professor

Candidate

Schulich Research Day 2024: A Celebration of Innovation, Research Excellence and Creative Achievements

A thought-provoking plenary discussion titled “The Changing Context of Business School”, moderated by Eileen Fischer, Associate Dean of Research, Professor of Marketing and Anne & Max Tanenbaum Chair in Entrepreneurship and Family Enterprise, featured five Schulich Distinguished Professors — Kiridaran Kanagaretnam, Professor of Accounting, Associate Dean Students and Ron Binns Chair in Financial Reporting, Banking and Governance; Moren Lévesque, Professor of Operations Management & Information Systems and CPA Ontario Chair in International Entrepreneurship; Dirk Matten, Professor of Sustainability and Hewlett-Packard Chair in Corporate Social Responsibility; Grant Packard, Associate Professor of Marketing,

and Dean Detlev Zwick, Professor of Marketing, and Tanna H. Schulich Chair in Digital Marketing Strategy.

The panel reflected on their roles as mentors, leaders, experts, and researchers in their respective fields and shared their thoughts on how business schools are increasingly embracing significant changes to adapt to a rapidly evolving business environment, focusing on integrating new technologies, producing more timely and practical research, expanding impact and addressing societal issues. They discussed how Schulich and other elite business schools are carrying out, funding and, most importantly, disseminating and promoting their research findings and research work to an ever growing pool of stakeholders in the academic and practitioner community —

a discussion which neatly set the stage for three Expert Conversation sessions, which provided either deep discussions in current research or introductory peeks into new research areas being studied by the faculty.

The first Expert Conversation, “Data-Powered Healthcare: The Transformative Potential of Analytics and AI,” was between Adam Diamant, Associate Professor of Operations Management and Information Systems and York Research Chair in Managing AI-Driven Technologies in Health Care at Schulich, and Abi Sriharan, Research Director and Senior Scientist at Schulich’s Krembil Centre for Health Management and Leadership. Diamant and Sriharan engaged in a conversation about how artificial intelligence (AI) and data analytics are transforming operational decisionmaking in the healthcare sector.

Research Day 2024 featured three Expert Conversation Sessions

These sessions provided either deep discussions in current research or introductory peeks into new research areas being studied by the faculty:

Data-Powered Healthcare: The Transformative Potential of Analytics and AI

1 Sensitivity Analysis for Business, Technology, and Policymaking Made Easy with Simulation Decomposition (SimDec) 2 Addressing DEI Backfire: Organizational and Individual Strategies

They spoke on key challenges and opportunities in adopting analytics tools for data-informed decisions, with a focus on the Canadian context. The discussion also addressed how AI differs from traditional decisionsupport systems, the difficulties of fostering collaboration between management scholars and healthcare professionals, and the government’s role in shaping the future of analytics in healthcare.

Expert Conversation 2, “Sensitivity Analysis for Business, Technology, and Policymaking Made Easy with Simulation Decomposition (SimDec),” with Eileen Fischer, Professor of Marketing, and Julian Scott Yeomans, Professor of Operations Management and Information Systems, centred on a new groundbreaking sensitivity analysis technique developed by Professor Yeomans and his colleague, Mariia Kozlova. SimDec combines a

new method for quantifying factor impacts. You will learn more about this in the featured story, “Schulich Professor Julian Scott Yeomans Presents Groundbreaking New Sensitivity Analysis Book” ( page 42 ).

The final session of the day, “ Addressing DEI Backfire: Organizational and Individual Strategies ,” featured a conversation between Brent Lyons , Associate Professor of Organization Studies, Schulich School of Business, and Jean-Marc Moke, PhD Student, Stigma and Identity Lab, Department of Organizational Behaviour, Schulich School of Business. They provided an overview about DEI initiatives and discussed how organizations manage DEI, the different meanings that organizations give to DEI, and the consequences of these different approaches and how employees react

and respond to these initiatives as well as how the employee responses affect the effectiveness of DEI initiatives.

The event culminated with the presentation of the prestigious Dean’s Research Impact Awards. Dean Zwick concluded the event with a reflection drawn from his own experience as a researcher. “Attempting to answer difficult questions means putting your name and reputation as a researcher on the line,” said Dean Zwick. “Everyone pursuing this enterprise deserves our recognition.”

When asked about the event, Professor Eileen Fischer stated, “Research Day presents a unique opportunity for us to learn about research that fellow faculty and doctoral students are doing, as well as a chance to build community. This year’s edition of Research Day was a tremendous success.”

“Research

Day is a terrific opportunity for us to showcase the excellent work of our faculty, to pay tribute to some of our colleagues for their outstanding work and promise, and to explore some of the latest trends and key issues dominating the current research landscape.”

DETLEV ZWICK , PhD

Dean & Tanna H. Schulich Chair in Digital Marketing Strategy, Schulich School of Business (pictured with Kiridaran Kanagaretnam and Moren Lévesque)

Dean’s Research Impact Awards presented at Schulich Research Day

Dean Zwick recognized Schulich faculty members who have demonstrated excellence in research and whose work has had a major impact on management education with the Dean’s Research Impact Awards. Irene Henriques, Professor of Sustainability and Economics, was presented with the Lifetime Achievement Award, and Adam Diamant, Associate Professor of Operations Management and Information Systems, was presented with the Emerging Leader Award.

LIFETIME ACHIEVEMENT AWARD RECIPIENT

Irene Henriques

Dr. Irene Henriques is a Professor of Sustainability and Economics at the Schulich School of Business, York University.

A world-renowned researcher, Professor Henriques work shows a deep commitment to social justice and economic development. Her research interests include economics, stakeholder management, and sustainability. She has collaborated with various Indigenous scholars, organizations, and community leaders to understand and promote Indigenous entrepreneurship, which has strengthened the global research reputation of the School and brought great distinction to Schulich.

She has published numerous articles in leading economic and management journals including the American Economic Review, Academy of Management Journal, Strategic Management Journal, Journal of Business Ethics, Journal of Management and Journal of Management Studies. She has published an impressive volume of high-quality work, which includes 74 refereed journal articles, 1 book, 12 peer-reviewed book chapters, and 14 articles in refereed conference proceedings. She has presented papers at more than 50 peer-reviewed conferences. She has been a Distinguished Visiting Star Professor in the EGADE Business School, Tecnológico de Monterrey, from 2015 to 2020.

Over the course of her career, Professor Henriques has also been awarded significant research funding from both the private and public sectors, serving as a Principal Investigator in several projects. She has held continuous Social Sciences and Humanities Research Council support, awarded as a principal or co-investigator. This continuity and magnitude of funding is rare for a management scholar. Her work has also garnered a number of awards and honours: she is one of the inaugural recipients of the 2021 Schulich Research Excellence Fellowship and in 2017 she received the York University Research Leader Award.

Throughout her career, she has held a wide array of roles. She is currently serving as the Area Coordinator of Economics at the Schulich School of Business, section editor at the Journal of Business Ethics, Deputy Editor at Organization and Environment, and is the former Co-Editor of Business & Society She also serves as representative at large to the Board of Governors for the Academy of Management, the largest professional organization in the field of management with over 18,000 members. Professor Henriques has served as Chair of the Organizations and the Natural Environment Division of the Academy of Management and the Strategy Division of Administrative Sciences Association of Canada. She has also served as Chair of the

Joint Public Advisory Committee to the US, Canadian and Mexican Environment Ministers under NAFTA (the Commission for Environmental Cooperation).

Outside of academia, Irene is an avid skier and a strong believer that an economic system cannot function without amazing volunteers.

Dean Zwick praised Professor Henriques’ “outstanding track record of scholarship” and her wide array of academic service roles while presenting the award, noting that Schulich was “extremely proud and honoured to have her as a member of our faculty.”

Dr. Irene Henriques, Professor of Sustainability and Economics

EMERGING LEADER AWARD RECIPIENT

Adam Diamant

Adam Diamant is Schulich’s Associate Professor of Operations Management and Information Systems and Tier II York Research Chair in Managing AI-Driven Technologies in Health Care.

Professor Diamant’s research lies at the intersection of organizational management, operations research, and artificial intelligence (AI), with a specific focus on healthrelated systems. His work centres on developing new techniques for large-scale optimization, stochastic and dynamic decision-making, and machine learning problems. He applies these methods to study healthcare systems, aiming to design evidence-based strategies that improve both service quality and operational efficiency.

The quality and impact of Diamant’s work can be assessed through multiple measures, including the publication of over 20 peer-reviewed articles, 7 of which were published in the FT’s Top 50 journals, such as the Journal of Operations Management, Production and Operations Management, and Management Science, and he has presented his research at more than 30 conferences, seminars, and workshops, including at CORS (the Canadian Operational

Research Society) and INFORMS (the Institute for Operations Research and the Management Sciences).

Since 2015, Professor Diamant, individually and in collaboration with colleagues, has received over CAD $3 million to support his research program. Besides competitive funds from within Schulich and York, he has received research grants from federal funding agencies (e.g., CIHR and NSERC) and other external sources (e.g., Sandra Rotman Centre for Health Strategy). His work has also garnered a number of awards and honours: he is one of the inaugural recipients of the 2021 Schulich Research Excellence Fellowship and, in 2023 he received the York University Research Award.

Professor Diamant is also strongly committed to academic service. Currently, he serves as an Associate Editor at the journal of Health Care Management Science and received the 2024 meritorious reviews award at the INFORMS Journal on Computing He is currently supervising two Schulich PhD students and four postdoctoral fellows. He also serves as a member of Schulich’s tenure and promotion committee, Canada Research Chair hiring

committee, and is the new Area Coordinator for the Operations Management and Information Systems group.

Professor Adam Diamant received the Emerging Leader Award, with Dean Zwick citing Professor Diamant’s “incredibly prolific” research while also noting that the award was based on his research output, high-quality publications and collaborations, success in gaining research funding, and the number of students seeking him out as a mentor.

Dean Detlev Zwick with Adam Diamant, Associate Professor of Operations Management and Information Systems

The Human Factor:

How Schulich Researchers Are Rewriting the Rules of Work

Whether it’s a corrosive corporate culture, conflict in the workplace, or poor management — every element of organizational life ultimately boils down to one thing: human behaviour.

Behind every performance review, team meeting or strategic plan lies a complex web of emotions, identities, relationships and power dynamics. At the Schulich School of Business, a growing body of research in Organization Studies is shedding light on these human elements, offering new insights into how today’s organizations operate — and how they can evolve. From decoding toxic leadership and uncovering the hidden costs of parental leave to challenging stereotypes and reshaping diversity efforts, Schulich researchers are helping organizations confront bias, foster inclusion and build cultures that promote greater personal and professional development.

Research@ Schulich

UNDERSTANDING BAD BOSSES: WHAT DRIVES TOXIC LEADERSHIP?

Most of us can recall a time when we worked under a bad boss — someone who yelled in meetings, belittled staff, or took credit for others’ ideas. But what causes leaders to behave this way?

In a recent study titled “Bad, Mad, or Glad? Exploring the Relationship between Leaders’ Appraisals or Attribution of their Use of Abusive Supervision and Emotional Reactions,” Dr. Winny Shen and her collaborators asked managers to reflect on times they acted harshly toward employees. The results were revealing: some felt guilt, a potentially constructive emotion that spurred apology and change, while others experienced shame, which often led to avoidance

Bad Bosses

“People don’t usually set out to be bad bosses. We wanted to understand the emotional context behind those moments.”

DR. WINNY SHEN Associate Professor of Organization Studies (pictured left)

and withdrawal. Most troubling were those who felt no remorse at all, with some even reporting a sense of calm or satisfaction after lashing out. “That emotional release can be dangerous,” says Shen, especially if the workplace culture doesn’t hold them accountable.

“People don’t usually set out to be bad bosses,” adds Shen. “We wanted to understand the emotional context behind those moments.” Her findings show that a manager’s response to their own misconduct can shape whether they repeat the behaviour or make a change. And that, she notes, is where organizational culture comes in. Environments that reward accountability and promote a growth mindset are more likely to see constructive outcomes.

The Human Factor: How

In a recent Research @ Schulich podcast episode titled “Bad Bosses,” Shen explores how emotional intelligence, feedback processing, and supportive cultures are essential components to enhance leadership. A growth mindset, she argues, can turn guilt into a catalyst for self-improvement — but only if organizations create space for reflection and change.

UNPACKING BIAS: HOW STEREOTYPES SHAPE PERCEPTIONS, PERFORMANCE AND INCLUSION

Dr. Shen’s broader body of work dives deep into how bias and identity intersect in the workplace. In a series of studies with colleague Ivona Hideg, Associate Professor and Ann Brown Chair in Organization Studies, Winny has explored how accent-based discrimination operates differently across genders. Women who speak with accents, for example, are often perceived as warmer but less competent, a perception that funnels them into lower-status, lowerpaying roles. Hideg describes this phenomenon as “benevolent sexism” — seemingly positive stereotypes that, in practice, reinforce inequity.

Another key theme is how race and gender shape evaluations of leadership and fairness. Shen’s research shows that Black and Hispanic men are more likely to be penalized at work for behaving in ways seen as disrespectful or inconsiderate, while women who defy expectations of warmth and

DR. WINNY SHEN Associate Professor of Organization Studies

deference are seen as inappropriately dominant. Her findings highlight the double standards that still define many professional evaluations.

In more technical research, Shen has also explored performance rating biases across different types of jobs, finding that as roles become more complex, agreement among evaluators decreases. Says Shen: “People are less likely to agree about the performance of senior managers because their work is often more complex, more cognitive — which suggests that organizations should seek multiple perspectives when evaluating senior leaders.”

Her current work includes investigating how to better support low-income mothers in South Africa who face tough trade-offs between earning a living and raising their children — a choice that can often be a critical barrier to economic mobility. And in another project, she explores how understaffing affects employee behaviour, revealing that without transparency and foresight on the part of management, a much wished for “all hands on deck” attitude can quickly turn into “not my problem.”

THE PARENTAL LEAVE PARADOX: SUPPORT THAT BACKFIRES

Associate Professor Ivona Hideg’s research tackles one of the most wellintentioned yet challenging aspects of modern workplaces: family-supportive policies. In male-dominated fields, where traits like assertiveness and availability are prized, women who take longer parental leaves often face a hidden penalty.

Using data from Australia, Hideg and colleagues found that women in these fields were viewed as less driven, less assertive, and ultimately less promotable when they took extended leave — even when their performance was unaffected. “It’s not that people question women’s competence,” says Hideg. “It’s that they assume women are more committed to family than their careers.”

These biases are amplified by organizational cultures that fail to challenge traditional gender norms. Hideg, who drew inspiration from her own experience navigating family and career, sees this research as a call to action.

By shedding light on these hidden penalties, Hideg’s work offers an important roadmap for leaders and organizations aiming to build truly inclusive workplaces. Understanding

how organizational culture shapes the reception of family-friendly policies is key to designing parental leave programs that empower rather than disadvantage women — especially in sectors where gender equity continues to be a challenge.

ENTREPRENEURIAL INEQUITY: THE BIAS IN STARTUP SUCCESS

Bias isn’t limited to the office — it also affects entrepreneurs. In a study co-authored by Hideg, researchers found that men’s startup pitches were consistently rated more favourably than women’s — even when the pitch content was identical. The culprit? Benevolent sexism — a form of bias that may appear positive on the surface but ultimately reinforces inequity. “It’s an unearned advantage,” says Hideg, likening it to legacy admissions at elite universities. “Men’s ideas were given a boost not because they were better — but because investors unconsciously saw them as more credible.”

Her ongoing work continues to explore how multiple forms of bias — from race and accent to caregiving responsibilities — intersect and compound in the professional world. “Pushback to DEI efforts means we’re making an impact,” she says. “It shows the conversation matters.”

Professor

Studies

By shedding light on these hidden penalties, Hideg’s work offers an important roadmap for leaders and organizations aiming to build truly inclusive workplaces. Understanding how organizational culture shapes the reception of family-friendly policies is key to designing parental leave programs that empower rather than disadvantage women — especially in sectors where gender equity continues to be a challenge.

DR. IVONA HIDEG Associate

and Ann Brown Chair in Organization

In male-dominated fields, where traits like assertiveness and availability are prized, women who take longer parental leaves often face a hidden penalty.

DR. BRENT LYONS

Associate Professor of Organizational Studies

When dominant-group employees experience social identity threat — feeling unsettled or unsure about their place in conversations about diversity — it can lead to personal growth, learning, and even allyship, if supported properly.

INCLUSION THROUGH DISCOMFORT: A NEW TAKE ON DEI

Recent research from Schulich’s Brent Lyons, Associate Professor of Organization Studies, reframes a familiar challenge in workplace diversity efforts: social identity threat. Long considered a roadblock to progress — triggering resistance or defensiveness among dominant-group employees — Lyons, in a paper led by Camellia Bryan (a Schulich PhD graduate and now Assistant Professor at UBC’s Sauder School of Business), present a compelling new view. Their study, published in the Academy of Management Review, suggests that when dominant-group employees experience social identity threat — feeling unsettled or unsure about their place in conversations about

diversity — it can lead to personal growth, learning, and even allyship, if supported properly.

Rather than suppress these reactions, organizations can create spaces for reflection and dialogue. When employees are supported in unpacking their discomfort, they are more likely to become engaged allies. “Transforming social identity threats into opportunities for learning and allyship may be one of the most overlooked DEI strategies today,” Lyons says.

This peer-driven, psychologically safe approach contrasts with traditional, compliance-oriented diversity training. It places the human experience — with all its discomfort and potential — at the heart of inclusion work.

THE CLARITY ADVANTAGE: WHAT NEURODIVERGENT EMPLOYEES BRING TO WORK

In a world of groupthink and conformity, Lorne Hartman’s research reveals the power of independent thought. His study of autistic and nonautistic employees found that autistic individuals were more likely to speak up about inefficiencies or unethical practices, thanks to lower levels of moral disengagement and a greater resistance to social pressure. Autistic participants were less prone to the “bystander effect” — the tendency to stay silent when others are present. These insights suggest that neurodiverse employees bring valuable qualities such as integrity, independence, and clarity — traits that can help organizations spot problems early, stay accountable, and improve decision-making.

As businesses seek to build more ethical and agile cultures, Hartman’s work challenges leaders to reframe their understanding of what constitutes value in a team.

DR. LORNE HARTMAN

UNDERSTANDING THE HUMAN SIDE OF WORK: FACULTY INSIGHTS

Beyond the research work profiled here, Schulich’s Organization Studies faculty are informing how we understand ethics, identity, and workplace behaviour. Professor Chris Bell explores how perceptions of justice and morality influence social connection and conflict. Associate Professor Kevin Tasa studies negotiation and team dynamics, focusing on how people acquire and apply negotiation skills. Ruodan Shao, Area Coordinator and Professor, researches corporate social responsibility and ethical decision-making across cultures. And Associate Professor Luke Zhu brings a multidisciplinary lens to diversity, AI, and business ethics, with work featured in both leading journals and major media outlets. Together, their research deepens our understanding of the psychological and social forces that define organizational life and shape modern organizations.

REWRITING THE RULES OF WORK

What unites this diverse body of research is a shared focus on people: their feelings, their identities, their values, and the often unseen forces that shape how they act at work.

Schulich’s Organization Studies faculty are helping organizations move beyond outdated or unchallenged assumptions with practices that foster stronger, more inclusive workplaces and healthier cultures. They show, for example, that bad bosses can become better with the right support, that family-friendly policies need culture change to be effective, and that discomfort can be the first step toward deeper understanding and meaningful change. They also remind us that bias is often subtle but powerful, and that real inclusion requires us to rethink not just our policies, but our own perceptions and prejudices.

In an era where work is being redefined, these insights offer a roadmap for building organizations that are not only more inclusive, but also more human.

PSYCHOLOGICAL AND SOCIAL FORCES

Together, Chris Bell, Kevin Tasa, Luke Zhu and Ruodan Shao’s research deepens our understanding of the psychological and social forces that define organizational life and shape modern organizations.

DR. CHRIS BELL

KEVIN TASA

LUKE ZHU

Instructor

DR.

Associate Professor of Organization Studies

DR. RUODAN SHAO Professor of Organization Studies

DR.

Associate Professor of Organization Studies

Professor of Organization Studies

Triple Bottom Line in Action:

How Schulich is Redefining Business for People, Planet, and Profit

The Schulich School of Business has long been a beacon of excellence in the realm of responsible business practices and sustainability. This commitment is reflected in its numerous initiatives, programs, and accolades that underscore its leadership in this critical area.

20 Schulich School of Business

The triple bottom line (TBL) framework — which assesses a company’s impact by measuring social, environmental, and financial performance — has long been central to Schulich’s philosophy. This holistic approach encourages organizations to pursue sustainable practices that create value for shareholders, stakeholders, and the planet alike.

At the core of Schulich’s commitment is the Centre of Excellence in Responsible Business (COERB) , an internationally recognized hub for research on the social, ethical, environmental, and political responsibilities of business. With over 40 affiliated faculty members from across disciplines, COERB stands as one of the largest and most influential academic centres in the world dedicated to advancing triple bottom line thinking.

“At Schulich, we believe that preparing future business leaders means equipping them with the knowledge and skills to drive sustainable change,” said Dean Detlev Zwick. “Through our research, teaching, and community

partnerships, we are helping to redefine the role of business in addressing some of the world’s most pressing environmental and social challenges.”

ACADEMIC EXCELLENCE: THE SUSTAINABILITY SPECIALIZATION

The Sustainability specialization at Schulich — originally launched in 1991 as the Erivan K. Haub Program in Business & the Environment — equips students with the interdisciplinary knowledge, practical experience, and leadership skills needed to drive sustainability initiatives across a wide range of organizational functions. The program addresses critical global challenges such as decarbonization, decolonization, and diversity, and

Centre of Excellence in Responsible Business (COERB) includes over 40 affiliated faculty members from across disciplines.

prepares students to navigate the increasingly complex landscape of sustainability-related disclosure and reporting requirements. Learning is delivered through a mix of in-class instruction, role-playing exercises, experiential learning opportunities — both domestic and international — and direct engagement with sustainability professionals. Through this comprehensive approach, students develop the ability to manage change, collaborate with key internal and external stakeholders, and lead the transition toward more sustainable business practices.

“At Schulich, we believe that preparing future business leaders means equipping them with the knowledge and skills to drive sustainable change.”

DETLEV ZWICK , PhD

Dean & Tanna H. Schulich Chair in Digital Marketing Strategy, Schulich School of Business

In 2024, several courses were introduced as part of the Sustainability specialization, designed to offer an experiential and global learning experience. The area launched Scaling Climate Innovations (SUST 6152), an experiential learning course. Bringing together MBA, Master of Management (MMGT), and MBA/JD students, the course fosters interdisciplinary collaboration to tackle the complex challenge of scaling sustainability solutions. It features a formal academic partnership with the MaRS Discovery District, enabling students to work directly with stakeholders across sectors — including cleantech startups and government agencies — on real-world climate innovation projects.

“Innovations in sustainability are crucial for addressing pressing challenges such as climate change and resource depletion,” said course instructor Klaudia Watts. “But to make a meaningful impact, widespread adoption is essential. I hope students leave with a deeper understanding of how-to springboard that adoption and drive transformative change.”

Students appreciated gaining hands-on experience. “The Climate Fellowship at MaRS has exposed me to cutting-edge developments in climate tech that go far beyond what we read in textbooks,” said

Menka Ahlawat (MBA ’24). “Working alongside leaders from government, non-profits, and industry has deepened my knowledge, expanded my network, and helped me connect theory with real-world impact.”

Another standout course added to the Sustainability specialization is Innovating for Sustainable Impact (SUST 6151) , which offers graduate students a unique opportunity to apply their learning in a global and immersive setting. Taught by Professor Geoffrey Kistruck , RBC Chair in Social Innovation and Impact, the course engages MBA, Master of Management (MMGT), and Master of Environmental Studies (MES) students in hands-on, projectbased work focused on developing innovative business models in communities facing significant social and environmental challenges.

“Innovations in sustainability are crucial for addressing pressing challenges such as climate change and resource depletion. But to make a meaningful impact, widespread adoption is essential. I hope students leave with a deeper understanding of how-to springboard that adoption and drive transformative change.”

KLAUDIA WATTS

Adjunct Professor of Sustainability, Schulich School of Business

In April 2024, a cohort of 19 students travelled to Costa Rica to collaborate with local youth entrepreneurs as part of the York University Las Nubes Project, aiming to identify sustainable work opportunities and generate meaningful impact.

“This course provides students with an opportunity to experience first-hand the complexities of designing business models in disadvantaged contexts,” said Professor Kistruck. “It also enables them to work directly with individuals in those communities to co-create ideas that offer long-term, sustainable benefits.”

Students echoed the transformational nature of the experience. “I was amazed by the warmth and openness with which we were welcomed,” noted Lauren Viray (MBA/JD ’24). “The trip showed me that successful businesses can be deeply rooted in social innovation and sustainability.”

The several new Sustainability specialization courses are one of many reasons Schulich was ranked

5th Globally among large MBA programs in responsible business by Corporate Knights

Schulich students travel to Costa Rica to support entrepreneurs.

Schulich School of

Building on that sentiment, Raphael Okenyi (MBA ’24) emphasized the unique value of the course: “This course is the perfect blend of academic learning and real-world application. The cultural immersion and cross-disciplinary teamwork made it incredibly enriching.”

These new courses are one of many reasons why Schulich was ranked fifth globally among large MBA programs in responsible business by Corporate Knights, a leading magazine focused on sustainable business practices. This ranking, announced in November 2024, evaluated 174 global MBA programs, including those listed in the 2024 Financial Times Global MBA ranking The primary metric for this evaluation was the proportion of core MBA courses that included sustainable development content, covering environmental issues like carbon pricing and social, ethical, and diversity issues.

Additionally, schools received bonus points for the percentage of recent graduates working in social impact roles or organizations.

Dean Zwick expressed pride in the school’s consistent high ranking in the field of responsible business. He highlighted the school’s forwardlooking research and teaching in areas such as sustainable finance, corporate governance, and supply chain management, which are driving business transformation across various industries.

“Schulich is pleased to have once again been rated as one of the world’s top business schools in the field of responsible business,” said Dean Zwick. “Our forward-looking research and teaching is fueling business transformation across a wide range of industries and sectors.”

“The Innovating for Sustainable Impact course provides students with an opportunity to experience first-hand the complexities of designing business models in disadvantaged contexts.”

PROFESSOR

GEOFFREY KISTRUCK

DRIVING INNOVATION:

THE CLIMATE FINANCE INDEX

Further cementing its leadership in sustainability, Schulich recently partnered with Corporate Knights to create one of Canada’s first climate finance indexes. Announced in June 2024, this national index aims to track and measure corporate spending targeted at accelerating decarbonization efforts. The development process involved a session with leaders from the building, transportation, and power sectors, moderated by public policy expert Diane Fox Carney. This session sought to find ways to measure decarbonization across sectors.

Toby Heaps, CEO of Corporate Knights, described the meeting as a gathering of Canadian industry leaders driving the growth of Canada’s clean economy. The index will provide synthesis metrics showing actual annual

investments in climate solutions relative to what is required to decarbonize Canada’s transport, power, and buildings sectors.

The index being developed will provide synthesis metrics showing actual annual investments in climate solutions in relation to what is required to decarbonize Canada’s transport, power, and buildings sectors.

Olaf Weber, the CIBC Chair in Sustainable Finance at Schulich, is leading this initiative. Established in June 2022 through a $1.25-million commitment from CIBC, the Chair supports groundbreaking research aimed at developing practical, actionable solutions for the global finance sector.

Professor Weber emphasized that the index would offer a more objective indicator of companies’ investments in achieving their climate goals, as opposed to

general announcements in sustainability reports.

According to Professor Weber, the development of a climate finance index “addresses the uncertainties around what companies really do to achieve their climate goals.” He added, “An index that addresses how much companies invest to achieve their goals presents a more objective indicator than general announcements in sustainability reports.” This commitment to evidence-based analysis and practical solutions extends beyond climate finance. Schulich faculty are also shaping sustainability discourse through influential work in infrastructure and policy.

PROFESSOR

OLAF WEBER

CIBC Chair in Sustainable Finance, Schulich School of Business

RBC Chair in Social Innovation and Impact, Schulich School of Business

THOUGHT LEADERSHIP: INFRASTRUCTURE AND POLICY IMPACT

The Real Assets area at Schulich is also contributing to Sustainability. Professor Emeritus James McKellar was appointed as Global Affairs Canada’s 2024 International Assistance Visiting Scholar, recognizing his leadership in sustainable infrastructure. In this role, he developed policy papers and led workshops focused on mobilizing private capital, advancing PublicPrivate Partnerships, and shaping Canada’s infrastructure strategy ahead of the 2025 G7 summit.

McKellar also co-authored a GAC policy brief with Karen Shlesinger of Schulich’s Tim and Frances Price Urban Lab. The policy briefs outline

AI FOR SUSTAINABILITY: GenAI THOUGHT LEADERSHIP

In 2024, Schulich hosted Innovating for a Sustainable Future with GenAI at OneEleven, a leading Torontobased innovation hub that supports growing technology companies through collaborative workspaces and state-of-the-art facilities. The event brought together industry leaders, faculty, students, and alumni to explore how generative AI can advance sustainability in business. The event featured three panels covering AI community-building, marketing

Canada’s comparative strengths in institutional infrastructure investment and recommend strategies for increasing private capital flows to low- and middle-income countries, including capacity building and investor engagement.

“These briefs reflect Canada’s global influence in infrastructure and Schulich’s leadership in sustainable business,” said McKellar.

As Schulich continues to shape global conversations on sustainable infrastructure, it is also forging new ground at the intersection of technology and sustainability — most notably through thought leadership in the rapidly evolving field of generative AI.

strategies, and the integration of AI with sustainability practices. Panelists represented organizations such as DotsLive, Microsoft Reactor, Harvard Business Analytics Program, Loblaw, Manulife, and the Digital Data Design Institute at Harvard.

Organized by Professor Julian Scott Yeomans, Director of Schulich’s Master of Management in Artificial Intelligence (MMAI) and Master of Business Analytics (MBAN) programs, and Anferny Chen (MBA ’12), CEO of DotsLive, the event underscored Schulich’s leadership in AI and sustainability.

Professor Emeritus

James McKellar was appointed as Global Affairs Canada’s 2024 International Assistance Visiting Scholar.

“Our goal was to showcase Schulich’s AI/analytics identity by focusing on the future of generative AI (GenAI) on sustainability in business contexts,” said Professor Yeomans. “Clearly if GenAI is the future pathway for implementing corporate sustainability, that future is already well on its way!”

While Schulich’s faculty and alumni are advancing the conversation on AI and sustainability at the institutional level, students are also making a significant impact through grassroots leadership and experiential initiatives.

Schulich experts and industry leaders participating in the Innovating for a Sustainable Future with GenAI panels at OneEleven.

STUDENT-LED IMPACT: NET IMPACT AND CASE COMPETITIONS

One key avenue for student-driven impact is the Schulich Net Impact Chapter, part of a global network of over 300 chapters dedicated to empowering the next generation of leaders to tackle pressing social and environmental challenges. As a grassroots movement of students and early-career professionals, Net Impact fosters a community of individuals seeking to apply their business skills to create meaningful, sustainable change for both people and the planet. The Schulich Chapter advances this mission by offering a range of initiatives and programs that enhance students’ business education, strengthen leadership capabilities, and support professional development — all while building a robust network of values-driven peers and practitioners.

Schulich secured first place at the 2024 Net Impact Case Competition hosted by Simon Fraser University in Vancouver — its first time participating in the event. MBA/JD candidates Disha Mittal, Ian Chang, Shelley Zhang, and Abilash Sathyakumar impressed a panel of Aritzia executives with their proposal on how the Canadian fashion retailer could engage customers in responsible consumerism. Tasked with addressing sustainability challenges in the fast fashion industry, the Schulich team delivered a solution that not only aligned with Aritzia’s brand identity but also encouraged more mindful consumption among its customers. Judges praised the team’s deep understanding of the brand and their ability to craft tailored actionable recommendations.

In 2024, Schulich launched its inaugural Sustainability Supply Chain Case Competition, hosted by the George Weston Ltd. Centre for Sustainable Supply Chains in partnership with Schulich’s Supply Chain and Operations Management Club (SCOMC). The team 4EverGreen Consultants —

FROM COMPETITION TO CATALYST: BUILDING A SUSTAINABLE BUSINESS FUTURE

Together, these student-led initiatives — alongside Schulich’s world-class

comprised of Ansh Dhawan (MF ’24), Gurraj Singh Kohli (MF ’24), Shaili Makwana (MMKG ’24), and Mia (Yutao) Zhu (MMKG ’24) — emerged as the winners of the event, demonstrating innovative thinking and strategic insight into sustainable supply chain practices. The competition brought together graduate students from Schulich, Rotman, Ivey, and Smith to tackle a real-world case focused on the future of sustainable supply chains, with finalists presenting their recommendations to a panel of industry leaders from CN and Walmart Canada on February 15, 2024. Reflecting on the experience, Dhawan noted the challenge of venturing beyond his finance background into the complexities of supply chain sustainability, crediting his team’s collaboration and strategic approach for their success. The Ivey School of Business team earned first runner-up, while two additional Schulich teams tied for third place. The event was made possible through the generous support of Lead Sponsor CN and Partner Sponsor CITT.

research and industry partnerships — illustrate how the School is cultivating a new generation of leaders poised to address today’s most urgent global challenges. Whether through case

competitions, academic coursework, or international collaborations, Schulich is providing its students with the tools, mindset, and experiences needed to make a lasting impact.

Left to right: MBA/JD candidates Abilash Sathyakumar, Shelley Zhang, Disha Mittal and Ian Chang.

Left to right: Gurraj Singh Kohli (MF ’24), Ansh Dhawan (MF ’24), Mia Zhu (MMKG ’24) and Shaili Makwana (MMKG ’24).

Deep-Dive Research Spotlight: Professors Dean Neu and Gregory Saxton

Advancing Social Accountability Through Big Data, Ethics, and Environmental Research

Accounting is often perceived as a neutral tool for financial reporting, but research by Dean Neu and Gregory Saxton reveals its powerful role in shaping social accountability. Their work explores how accounting mechanisms, digital platforms, and professional ethics influence public discourse, corporate transparency, and environmental responsibility. By combining Big Data analytics, artificial intelligence, and qualitative methods, they examine how citizens, professionals, corporations, and regulators use accounting to demand accountability and drive social change.

Both scholars bring unique expertise to this research domain. Dean Neu, Professor of Accounting, Schulich School of Business, York University, is an authority on public interest accounting and governance mechanisms. As the former co-editor of Critical Perspectives on Accounting, one of the field’s most influential journals, Neu has shaped public interest discourse in the discipline for over two decades. His research investigates how accounting is used to govern society and how marginalized communities respond to financial regulations. He has published over 90 academic articles, including 26 in pinnacle Financial Times Top 50

journals, and in 2016 was awarded the Canadian Academic Accounting Association’s highest honour — The Award for Distinguished Contribution to Accounting Thought

Gregory Saxton, Professor of Accounting, Schulich School of Business, York University, specializes in data analytics, corporate social responsibility, and nonprofit accountability. His research applies machine learning and natural language processing to analyze social media discourse, financial disclosures, and governance mechanisms. A prolific scholar, Saxton has published over 60 peer-reviewed

articles, including 12 in Financial Times Top 50 journals, and has received multiple accolades, including the York University Research Award and the Outstanding Book Award in Nonprofit & Voluntary Action Research.

Together, Saxton and Neu have pioneered a social accountability research agenda that examines the intersection of accounting, social movements, and public accountability. In many of their projects, they co-author with graduate students and Schulich Accounting Professors, Abu Rahaman and Jeffery Everett, further advancing research on financial accountability and governance.

The impact of both scholars’ work can be assessed through multiple measures, including:

“ Our research consistently shows that numbers speak louder than words in social accountability movements. When activists back their claims with financial data, their arguments gain significantly more traction with both the public and decision-makers.”

DR. GREGORY SAXTON

Professor of Accounting

SOCIAL ACCOUNTABILITY IN THE DIGITAL AGE

Their first major research stream focuses on Twitter-Based Social Accountability — Investigating how Non Governmental Organizations (NGOs), activists, and even bots use social media to hold corporations and governments accountable.

In an era of increasing digital activism, X (formerly known as Twitter) and other social media platforms have emerged as key tools for social accountability. Saxton and Neu’s research explores how NGOs, activists, journalists, and even bots use digital spaces to challenge corporate misconduct, expose unethical behaviour, and pressure organizations for transparency.

A central focus of their work is how accounting language — financial metrics, disclosures, and reporting standards — plays a role in online accountability movements. Their studies of #OccupyWallStreet, the Panama Papers, and corporate callouts analyze how social actors mobilize financial and ethical arguments to demand action from corporations and regulators.

In an era of increasing digital activism, X and other social media platforms have emerged as key tools for social accountability. Saxton and Neu’s research explores how NGOs, activists, journalists, and even bots use digital spaces to challenge corporate misconduct, expose unethical behaviour, and pressure organizations for transparency.

“Our research consistently shows that numbers speak louder than words in social accountability movements,” notes Saxton. “When activists back their claims with financial data, their arguments gain significantly more traction with both the public and decision-makers.”

Their key findings reveal that financial inscriptions-based messaging (e.g., citing earnings reports, tax records, and financial misstatements) is more persuasive than values-based rhetoric in social accountability movements. Additionally, Twitter bots significantly influence corporate accountability discussions, amplifying or suppressing narratives to shape public perception. Perhaps most importantly, social media platforms serve as sites of deliberation, where activists and professionals use accounting discourse to “speak truth to power” and influence decision-makers.

Through Big Data analysis of millions of tweets, Saxton and Neu demonstrate that social media is not just a communication tool — it is an arena where accounting numbers become instruments of accountability and resistance.

PROFESSIONAL ETHICS AND THE ACCOUNTING PROFESSION

Their second stream of joint research concentrates on Professional Ethics in Accounting — Examining how ethical narratives evolve in the accounting profession and how financial experts justify or challenge unethical behaviour.

Ethical narratives play a crucial role in shaping public trust in the accounting profession. Saxton and Neu’s research explores how professional bodies, corporate leaders, and industry publications frame ethics to influence regulatory decisions, professional identity, and public perception.

A key focus of this work examines letters to the editor and editorial discourse in leading accounting journals, such as the Journal of Accountancy and CA Magazine. By analyzing these texts, they reveal how the profession justifies, debates, and evolves its ethical standards over time.

Their analysis identifies three critical patterns in professional ethics discourse: First, editorial narratives shape the profession’s ethical selfconcept, often framing ethical

Ethical narratives play a crucial role in shaping public trust in the accounting profession. A key focus of this work examines letters to the editor and editorial discourse in leading accounting journals, such as the Journal of Accountancy and CA Magazine. By analyzing these texts, they reveal how the profession justifies, debates, and evolves its ethical standards over time.

concerns through a corporate rather than public-interest lens. Second, ethical dilemmas in accounting are often resolved through institutional experimentation, with professional bodies selectively adopting and discarding ethical standards based on economic and political pressures. Third, public engagement with ethics in accounting is episodic, with high-profile scandals driving bursts of discourse, followed by periods of institutional normalization.

This research has significant implications for how accounting bodies develop and communicate ethical guidelines. As Neu explains, “By understanding how ethical narratives form and evolve, we can help the profession build more robust ethical frameworks that better serve the public interest.”

ENVIRONMENTAL ACCOUNTABILITY AND CORPORATE TRANSPARENCY

Their third stream of co-authored research focuses on Environmental Accountability — Leveraging Big Data and AI to analyze corporate disclosures, assess greenwashing practices, and evaluate the impact of financial regulations on sustainability.

As environmental concerns grow, corporate sustainability reporting has become a critical tool for accountability. Saxton and Neu’s research investigates how accounting disclosures shape corporate environmental responsibility, particularly in the mining and energy sectors.

Through sophisticated textual analysis and machine learning techniques, they’ve developed metrics to assess not just the quantity but also the quality of environmental disclosures. Their research has identified concerning trends: The volume of environmental reporting has increased, but much of it is either repetitive disclosures that are carried forward year-by-year from previous reports or boilerplate language that buries critical information. Perhaps most importantly, they’ve demonstrated that regulatory changes in the Alberta energy sector can have significant real-world environmental consequences — highlighting the critical role of accounting research in evaluating and shaping policy outcomes.

“We’ve found that while companies are saying more about environmental issues, they aren’t necessarily saying anything more meaningful. The proportion of specific and novel environmental information has actually declined relative to boilerplate language, effectively burying useful information in a growing sea of generic statements.”

DR. DEAN NEU Professor of Accounting

THE CPA ONTARIO CENTRE IN DIGITAL FINANCIAL INFORMATION

As Co-Directors of the CPA Ontario Centre in Digital Financial Information, Saxton and Neu are advancing research at the intersection of digital finance, accounting, and social accountability. Established through a strategic partnership between the Schulich School of Business and Chartered Professional Accountants of Ontario, the Centre serves as a vital hub connecting academic innovation with professional practice.

The Centre focuses on three core objectives: building digital financial expertise among practitioners and students, producing cutting-edge research on digital accounting information, and fostering collaboration between industry, academia, and regulatory bodies. Through its workshop series, research forums, and executive education programs, the Centre addresses emerging challenges in digital financial reporting, data analytics, and AI-driven accounting processes.

“The accounting profession is undergoing a fundamental transformation driven by digitalization,” says Saxton. “Our Centre is uniquely positioned to help professionals navigate this change while ensuring that digital innovations enhance rather than compromise accountability.”

The Centre also plays a crucial role in translating academic research into practical insights for industry. Recent initiatives have included workshops on blockchain accounting, seminars on AI ethics in financial reporting, and research presentations on digital transparency mechanisms. By bridging theory and practice, the Centre helps ensure that accounting research has real-world impact.

RECENT RESEARCH AND FUTURE DIRECTIONS

Saxton and Neu’s research continues to evolve, integrating new technologies, regulatory developments, and social accountability trends. Their current projects represent perhaps their most

ambitious and impactful work yet, addressing critical environmental accountability challenges in resource extraction industries.

“We’ve found that while companies are saying more about environmental issues, they aren’t necessarily saying anything more meaningful,” explains Neu. “The proportion of specific and novel environmental information has actually declined relative to boilerplate language, effectively burying useful information in a growing sea of generic statements.”

This research not only documents problematic disclosure practices but also demonstrates how advanced text analytics can generate actionable metrics to foster accountability. By developing tools to identify companies with consistently poor environmental reporting, Saxton and Neu aim to incite improved transparency and performance.

Their second major environmental project, “Accounting for the Environment: Regulation in Alberta’s Oilpatch,” examines how accounting-

One flagship project, “Inciting Environmental Accountability in Mining,” applies cutting-edge natural language processing to analyze Annual Information Forms filed by Canadian mining companies from 1998 to 2023. This comprehensive analysis of 152,567 environmental sentences reveals both promising and concerning trends in environmental disclosure practices.

based regulatory mechanisms can drive environmental responsibility in the energy sector. This case study reveals the concrete environmental consequences of regulatory decisions, showing how the withdrawal of Alberta’s Long-Term Inactive Well Program in 2000 has resulted in significant ongoing environmental damage, including annual methane emissions equivalent to those from 75,000 gas-operated vehicles.

“This research shows that accounting isn’t just about measuring environmental impact — it’s about creating regulatory frameworks that actually change corporate behaviour,” says Saxton. “When designed properly, accounting-based constraint mechanisms can capture the attention of industry participants and drive genuine environmental improvements.”

Through these cutting-edge projects, Saxton and Neu continue to demonstrate how accounting research can contribute to solving our most pressing social and environmental challenges.

By combining methodological innovation with a commitment to social accountability, their work exemplifies how academic research can drive meaningful change in both professional practice and public policy.

Both Saxton and Neu noted the significance of Schulich’s community of world-leading researchers and colleagues in encouraging their research endeavours. They also noted the importance of the Schulich Research Office’s support in securing internal and external research grants. Beyond the research culture and events at Schulich, they both have benefitted greatly from the internal Schulich Research Excellence Fellowships. In addition, since 2000, Saxton and Neu, individually and in collaboration, have received over $400,000 (CAD) from federal funding agencies (SSHRC) and CPA Ontario to support their research program.

Deep-Dive Research Spotlight: Professor

Yelena Larkin

From Product Markets and Intangible Capital to Canadian Research Leadership

Finance researchers love to put financial frictions in the spotlight — credit constraints, cost of capital, just name it — and study how these affect corporate investment and production decisions. But let’s be honest: no company kicks things off by asking, “What is my debt-toequity ratio going to be?” It all starts with an idea — a product or service designed to fill a gap in the product market. The finance questions come next.

Schulich’s Yelena Larkin, Associate Professor of Finance, tries to flip the usual finance research script in her research. She focuses on the product first: what the firm is building, how it creates value, and the nature of the market in which it operates. Yelena’s work explores how a company’s products, the increasingly intangible assets it relies on during the production process, and its competitive landscape shape its financial and investment decisions. In today’s economy — where brands, human capital, innovation, and sustainability are the true drivers of long-term value — finance cannot afford to ignore the product side of the story.

Broadly speaking, Yelena’s research agenda examines how product market structure and intangible capital shape corporate behavior — and what that means for the economy as a whole.

STRONG BRANDS HELP COMPANIES STAY FINANCIALLY STABLE

Yelena began her academic journey by connecting the financial side of firm behaviour with what companies actually offer in the market — their products. Her job market paper focused on brand perception — how customers feel about a company — and how that influences financial decision-making. What she found is that brand strength is not just a marketing buzzword; it has important financial consequences. Companies with strong, trusted brands are more likely to access credit, manage risk effectively, and navigate economic shocks with greater stability. Even though brands do not show up as traditional “assets” on the balance sheet, creditors clearly understand their value and are more willing to lend to firms with strong brand perception.

Yelena Larkin, Associate Professor of Finance, tries to flip the usual finance research script in her research. She focuses on the product first: what the firm is building, how it creates value, and the nature of the market in which it operates.

DR. YELENA LARKIN Associate

Professor

of Finance

Yelena Larkin’s research paved the way for follow-up research showing that companies can also secure financing using assets like patents, trademarks, and strong online customer reviews.

This work helped open the door to a broader realization that a company can borrow against intangibles. It paved the way for follow-up research showing that companies can also secure financing using assets like patents, trademarks, and strong online customer reviews. In today’s economy, where intangible capital plays a growing role, these findings are increasingly relevant for how we think about credit, risk, and firm value.

THE BIG TECH FIRMS HAD FRONT-ROW SEATS LONG BEFORE TRUMP WAS SWORN IN

What started with a simple stylized fact — Yelena’s co-authors and she found that the number of publicly traded firms in the U.S. has dropped significantly — has turned into a project that has had the biggest impact in her academic career so far. They found that the shift toward industry giants calling the shots

did not start overnight. Market concentration — the dominance of a few large firms — has evolved in the U.S. over the past couple of decades. Across a wide range of sectors — retail, airlines, healthcare, and more — industries have become increasingly concentrated, dominated by a smaller number of increasingly large players. And this is not just a “big tech” story, even though they tend to get the spotlight. In fact, product market concentration has increased in about 75% of industries over the past twenty years.

This shift toward higher concentration is strongly linked to rising profits and higher stock prices, but not necessarily to more innovation or investment. Instead, large firms are getting bigger and more profitable while often pulling back on R&D and capital spending. Over time, this can hurt consumers — by reducing choice, stalling innovation,

The number of publicly traded firms in the U.S. has dropped significantly. Market concentration — the dominance of a few large firms — has evolved in the U.S. over the past couple of decades.

and potentially raising prices — and workers, who may face fewer job opportunities and weaker bargaining power in less competitive labour markets.

What about Canada?

Yelena extended this research to Canada and found that similar patterns are beginning to emerge. The number of firms listed on the TSX has dropped significantly, and the ones that remain are generally older and larger. Combined with a noticeable decline in new business formation, it points to waning business dynamism in Canada as well.

This work has been recognized both academically and by policymakers. It was picked up by the U.S. Council of Economic Advisers, and Yelena received a thank-you letter from the Biden Administration for her

contribution. The findings have been cited in a UN report, referenced by Competition Canada, and she has been invited to testify multiple times as an expert witness before the House of Commons Standing Committee on Industry, Science and Technology in Ottawa. She also participated in a roundtable at the Canada Competition Bureau to discuss updates to merger guidelines.

Practitioners have also found the research valuable. She has spoken at several antitrust panels hosted by Charles River Associates and The Council of Institutional Investors, and the research has been widely cited in the media, including The Wall Street Journal, Forbes, The New York Times, Financial Times, Bloomberg, The Globe and Mail, and others.

THE PEOPLE AT THE TOP: MANAGERIAL TALENT AS ANOTHER INTANGIBLE ASSET

Another project looks at how companies choose their CEOs — and whether they prioritize managerial talent when making that decision. Yelena’s co-author and she find that boards with insider directors — firm executives who sit on the board but are not the CEO — are significantly more likely to hire high-talent CEOs. These insider directors appear to focus less on or personal ties and more on selecting capable, well-qualified leaders.

Larkin has been invited to testify multiple times as an expert witness before the House of Commons Standing Committee on Industry, Science and Technology in Ottawa.

This matters because CEO talent has a powerful ripple effect throughout a company. Strong CEOs make better investment decisions and build and retain high-performing teams — all of which drive long-term success.

From a policy perspective, this research suggests looking more carefully at how boards are structured. Insider directors are often seen as overly loyal employees just protecting their turf, but Yelena’s findings show they bring valuable knowledge and a strong sense of what the company truly needs. This helps to spot and prioritize managerial talent, making them effective gatekeepers in the CEO hiring process.

What is next?

INVENT, PROTECT, REPEAT: THE INNOVATION SIDE OF INTANGIBLES Yelena’s newer research avenue digs deeper into innovation and intellectual property — especially how legal and financial systems shape who gets to innovate. In one project, coauthored with a Schulich former PhD student, she studies how the jurisdiction of patent cases affects firm behaviour. A 2017 Supreme Court of Canada ruling limited venue-shopping in patent litigation, so that firms ended up under either plaintiff- or defendantfriendly district courts. Those under defendant-friendly jurisdictions saw increases in firm value, R&D spending, and high-quality patents. Legal structure, in other words, directly affects innovation incentives.

A 2017 Supreme Court of Canada ruling limited venueshopping in patent litigation, so that firms ended up under either plaintiff- or defendant-friendly district courts. Those under defendant-friendly jurisdictions saw increases in firm value, R&D spending, and high-quality patents.

In another project, funded by a 2024 SSHRC Insight Development Grant, Yelena looks at how financial distress affects small-to-medium-sized enterprises and individual inventors in the secondary patent market. Using detailed patent assignment data merged with local housing and economic indicators, she hypothesizes that when inventors face personal wealth shocks, they are more likely to sell or abandon patents rather than commercialize them. This suggests local financial resilience plays a crucial role in innovation outcomes — and that many promising ideas may never reach the market due to financial constraints.

Yelena also puts these insights into practice at York. Through York’s Connected Minds program, she supports researchers to help turn their innovations into real-world ventures and commercialization. After all, the best ideas deserve more than just a place in an academic journal.

TYING IT TOGETHER: YELENA’S ROLE WITH THE NORTHERN FINANCE ASSOCIATION

In addition to publishing academic research, Yelena Larkin actively takes on leadership roles within the finance research community. In 2023, she co-organized the Northern Finance Association (NFA) Annual Conference — Canada’s largest and most prestigious academic finance conference — alongside Finance Professor Lilian Ng, Scotiabank Chair in International Finance at Schulich. Held in downtown Toronto, it was the first full-scale return after COVID, with over 1,300 submissions and 132 high-quality papers selected. They welcomed researchers from around the world, and the keynote address was delivered by Professor Lauren Cohen of Harvard Business School. Yelena served as a Co-Vice President of the NFA Board at the time, and later, she also served as the President

of the NFA to help shape Canada’s top finance research forum and strengthen its ties to the broader academic and policy communities.

She is proud to continue Schulich’s long-standing legacy of involvement with the NFA — following in the footsteps of Finance Professors Pauline Shum, Mark Kamstra, and the late Gordon Roberts. She believes supporting the NFA is not just about logistics or administration; it’s a way to promote the type of rigorous, policy-relevant, and forward-thinking finance research that is urgently needed today.

Looking ahead, Yelena will continue her research and practice that reflects the complexities of today’s economy, where value is increasingly intangible, competition is shifting, and innovation depends not only on good ideas but on the systems that support or suppress them.

In

2023, Yelena co-organized the Northern Finance Association (NFA) Annual Conference — Canada’s largest and most prestigious academic finance conference — alongside Finance Professor Lilian Ng, Scotiabank Chair in International Finance at the Schulich School of Business.

The Historical Journey to My 18 th Book

Faith, Risk, and Retirement: The Religious Origins of Longevity Risk Sharing and the Rise of Modern Pensions

By Moshe A. Milevsky

Moshe Arye Milevsky, Schulich Finance Professor and CIT Chair in Financial Services, Executive Director of the IFID Centre, and member of the Graduate Faculty in Mathematics & Statistics at York University, has recently released his 18th published book entitled, “The Religious Roots of Longevity Risk Sharing: The Genesis of Annuity Funds in the Scottish Enlightenment and the Path to Modern Pension Management”.

Professor Milevsky’s book traces the origins of longevity insurance and annuity risk management back to the Presbyterian Church of Scotland in the mid-18th century, and outlines how a group of clergymen, scientists, and intellectuals (including Scottish Enlightenment figures like economist Adam Smith) invested in and “pioneered innovative methods for setting up a reversionary annuity and widow’s pension plan” that, eventually, set the template for national pension plans around the world.

A highly readable account of an understudied area of business history (and backed by extensive archival research) that has parallels in modern pension plan management discussions, this book is and will be of interest to scholars and readers interested in the past, present and future.

Professor Milevsky has shared his ‘journey’ towards the creation of the book and research with us.

When COVID-19 forced the entire world to shutdown in early 2020, and all university courses including my own at Schulich moved online, I made a personal decision to capitalize on this ‘crisis’ and go back to school myself. After all, if I could sit in my home office and teach my students, then why not go back to school as a student. The entire world had become flat and was spread across my screen. And, since my own research interests on pensions and retirement — during the last few years — had gravitated to the past, I thought to myself, “Why not get a proper graduate degree, training and credentials in the field?” So, I decided to go back to graduate school and enrol in a master’s program at the School of History, Classics and Archaeology at the University of Edinburgh.

After two years of course-work on historical methods and techniques, as well as many graduate seminars, the final milestone project in order to obtain my MSc degree was to

write a thesis. But what topic could I possibly select within the humanities? After all, this academic requirement couldn’t be satisfied with stochastic differential equations, which was my usual modus operandi. Well, it turns out that Scotland, and in particular the city of Edinburgh, plays a rather unique role in the history of pensions, insurance and annuities. I’ll get to that in a moment. But, the thesis I wrote in 2022 was expanded into a longer book and was published in late 2024 by Palgrave Macmillan under the title: The Religious Roots of Longevity Risk Sharing. Here’s the gist of the book, or how I combined two very distinct areas of research: annuity mathematics in the 21st century and archival history of the 18th century.

“ I combined two very distinct areas of research: annuity mathematics in the 21st century and archival history of the 18th century.”

PROFESSOR MOSHE ARYE MILEVSKY

Schulich Finance Professor and CIT Chair in Financial Services; Executive Director, IFID Centre; member of the Graduate Faculty in Mathematics & Statistics, York University

To begin with, no modern pension plan or annuity fund can survive for very long without having a large number of participants and pensioners to ‘diversify’ away risk. In the context of insurance this is referred to by actuaries as pooling, or more technically, as idiosyncratic risk pooling using the law-oflarge-numbers. Well, much to my surprise, the historical origins or the birth of successful longevity risk pooling occurred in a small church in Edinburgh, in the mid-eighteenth century. If you want an actual birthday, it was late March 1774. More importantly, the documents, records and financial statements of that original annuity fund are still stored in dusty archives in — you guessed it — the city of Edinburgh.

First some background for those not steeped in Scottish history. The establishment of the Church

of Scotland traces back to the Reformation in the sixteenth century, marking a significant shift in the country’s religious landscape. Initiated by key figures like John Knox, who was heavily influenced by John Calvin and Martin Luther, the movement sought to reform the church’s practices and align them more closely with Protestant principles. In 1560, the Scottish Parliament embraced these reforms, effectively establishing the Presbyterian system of church governance and thus rejecting the authority of the pope in Rome. This pivotal moment laid the groundwork for the Church of Scotland, distinguishing it from the Roman Catholic Church and aligning it with Reformed theology. The church’s foundation was rooted in the desire for a church structure that emphasized equality among its ministers, governed by presbyteries rather than a hierarchical episcopate.

They also allowed ministers to marry, unlike priests. This was important because their wives demanded financial security.

So, in March of the year 1744, the Church of Scotland launched an innovative insurance and investment fund for ministers of the church to benefit their family, which is the focus of the book. Eventually the Church allowed — for reasons explained in the book — professors (and their spouses) at the major universities in Scotland to participate in this fund as well. Under this plan, Presbyterian ministers and university professors made ongoing financial contributions of a voluntary magnitude during their lifetimes, which upon their demise entitled their widows to a life annuity or their orphans to a lump-sum death benefit.

More generally the book delves into the history of attempts made to manage the risk of living a long and

The historical origins or the birth of successful longevity risk pooling occurred in a small church in Edinburgh.

unpredictable life. The book’s first part explains what longevity risk is, how pension funds and annuity pools can mitigate this risk, and the rather surprising role of religion in that process. The second part — the core of the book — goes back to the archives of the Church of Scotland and documents the successful implementation of a longevity risk pooling scheme. The purpose, again, was to provide pensions to widows of ministers and professors. To my great surprise, in the archives I discovered that the famous economist Adam Smith, who taught at the University of Glasgow, was among the notable figures of the Scottish Enlightenment who participated in this scheme.

Now, many other writers have praised the Scottish scheme as a revolutionary development in actuarial science, probability, and statistics and have credited ministers for spearheading the initiative. Previous literature

has gone so far as to claim that the 18th-century scheme was a victory of science over superstition. However, a closer look at the archival records — the main scholarly contribution of this work — reveals a much more nuanced account. The documentary evidence suggests that Protestant beliefs, individuals, practices and institutions played a vital role in developing best practices for managing longevity risk.

THESIS VS. COUNTER-THESIS

In the book I make the argument that the 18th-century financial engineers and trustees were devoutly religious individuals, many of whom believed mortality rates followed “divine probabilities”, and that longevity and mortality modelling could be viewed as just another branch of theology. In other words, I argue that religious faith provided the confidence to make century-long financial projections for the value of fund, which bordered on prophecies. Don’t discount the value of religious beliefs.

In the book’s third and final part, I explore some of the challenges that big, impersonal longevity risksharing pools have faced going into the twenty-first century. Nowadays, traditional kinship and affinity ties are lost, which has raised concerns about pension equity. In fact, there is increasing evidence that mortality and longevity rates differ depending on socio-economic status. This prompts the question: if the wealthy are expected to live longer and to receive pensions for an extended period, should the poor be the ones asked to “pass the plate”?

To wrap up, this book has also served as a launching pad for a number of other research projects — both historical and mathematical — including an SSHRC grant that examines longevity heterogeneity on pension plan participation, and my own plans for a(nother) PhD in History. But that event is years in the future.

The book’s first part explains what longevity risk is, how pension funds and annuity pools can mitigate this risk, and the rather surprising role of religion in that process.

The second part — the core of the book — goes back to the archives of the Church of Scotland and documents the successful implementation of a longevity risk pooling scheme.

Right: Famous economist Adam Smith, who taught at the University of Glasgow, was among the notable figures of the Scottish Enlightenment who participated in the longevity risk pooling scheme.

Schulich Professor Julian Scott Yeomans

Why SimDec is a Game Changer

On November 27, 2024, Schulich’s Operations Management and Information Systems Professor, Julian Scott Yeomans and Schulich Associate Dean of Research, Eileen Fischer, Professor of Marketing and Anne & Max Tanenbaum Chair in Entrepreneurship and Family Enterprise, discussed a new groundbreaking sensitivity analysis technique focused on simulation decomposition called “SimDec”. The event was held at Schulich’s executive private dining hall and the attendees included students, Schulich and York University professors as well as industry professionals.

Co-created with LUT University Professor, Mariia Kozlova, in their new open-source and free to download book, Sensitivity Analysis for Business, Technology, and Policymaking Made Easy with Simulation Decomposition (SimDec), Mariia and Julian outline how SimDec will give decision makers and data analysts the ability to conduct sensitivity analysis quickly and efficiently, and will provide actionable, data-driven insights on complex realworld problems — all without the need for elaborate statistical analysis tools.

SimDec is a “revolutionary new analytics method for visually displaying the outcomes of uncertain factor influences — their dependencies, interactions, and heterogeneous impacts,” according to Professor Yeomans.

Schulich Associate Dean of Research

Eileen Fischer opened the talk by remarking that “SimDec is a game changer: it’s an invaluable new approach to sensitivity analysis… Julian Yeomans goes from strength to strength as a scholar: this new chapter in his research is exciting and path-breaking.”

Professor Yeomans talked about the development of SimDec, noting that he and Professor Kozlova were motivated to create the book after noticing that “the vast majority of studies do not perform any sensitivity analysis and even those that do, tend to do it extremely poorly. By putting everything together in a self-contained SimDec book, we have created a standalone, simultaneous entry-point for using SimDec across multiple disciplines in one combined, consistent, straightforward package.”

Professor Yeomans gave a short walkthrough of how sensitivity analysis and SimDec worked and provided a live demonstration of SimDec in action. By using the free online web dashboard, he demonstrated how medical analysts could use SimDec to better guide their decision-making processes when assessing patient test results.

Sensitivity Analysis for Business, Technology, and Policymaking Made Easy with Simulation Decomposition (SimDec) was co-created with LUT University Professor, Mariia Kozlova (pictured above).

Download your free copy of the open-source book here.

Professor Eileen Fischer, Associate Dean of Research and Julian Scott Yeomans, Professor of Operations Management and Information Systems at the SimDec launch event, November 27, 2024.

At the end of the event, we sat down with Professor Yeomans to find out more about this amazing new approach to sensitivity analysis through a one-on-one in-depth interview.

QYou have a very interesting background — in addition to being a Professor of Operations Management & Information Systems (OMIS), you are also the Program Director for both the Master of Management in Artificial Intelligence (MMAI) and the Master of Business Analytics (MBAN) as Schulich. What was it that drew you to this field?

AWell, in addition to those somewhat pretentiously sounding titles, I also have degrees in four different fields. I have always resided somewhere along the quantitative spectrum and have been a bit of a roving academic interest-wise — wandering from place to place to seek out things that hold my attention. Perhaps a type of punctuated evolution where I will work on something intensely for a time, then move onto something else as it strikes my fancy. The ability to remain devoted to any one topic over an

entire career has always escaped me — I prefer doing the equivalent of cannonballs into the pool of ideas to see what comes out. Hence, being able to work in the multidisciplinary areas of operations, information systems, analytics, and AI provides perfect cover for shifting allegiance from one topic to another.

As to being the Director of both the MMAI and MBAN Programs … I actually missed the meeting where this decision was taking place, so, I was informed that I held those positions the next time I appeared on campus *laughs*. More seriously, I was perhaps the OMIS faculty member with a profile most-aligned with those fields, while also being “senior” enough such that, should the administrative burden detract from research output, it would not negatively impact my career-trajectory nearly as much as for one of my more up-and-coming colleagues. Academic life is still a publish-or-perish environment.

QYou just talked with Professor Fischer about your newly released book “Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec)” at the event. Long title, and a seemingly complex topic — so we might need a bit more background here for our Spotlight on Research report. So, let me ask this question for our readers: what exactly is Simulation Decomposition and Sensitivity Analysis?

AA very good question which, unfortunately, does not have a 30-second elevator-pitch response, so bear with me.

In general, for anyone that has data, the most basic investigations involve:

1. Finding which factors have the most influence,

2. Assessing what exactly their actual influence is, and,

3. Determining what happens if the factors change.

WHAT IS SENSITIVITY ANALYSIS?

In a broad sense, addressing all three of these questions simultaneously is the key component of sensitivity analysis:

Finding which factors have the most influence, 1 Assessing what exactly their actual influence is, and 2 Determining what happens if the factors change. 3

In a broad sense, addressing all three of these questions simultaneously is the key component of sensitivity analysis. These tasks represent the fundamentals of data analysis in science, engineering, computing, analytics, AI, etc. So, in a certain sense, sensitivity analysis can be thought of as a comprehensive analysis of data. A bit more specifically, sensitivity analysis, itself, studies how uncertainty in the outputs of data/ models/systems can be “attributed” to the uncertainties in the inputs. This attribution involves calculating sensitivity indices that quantify the influence of an input (or group of inputs) on the output. There are methods to accomplish this task, but they tend to be somewhat … “inaccessible”.

A related field is uncertainty analysis, which focuses greater attention onto uncertainty quantification and the propagation of those uncertainties. In an ideal world, sensitivity analysis and uncertainty analysis should be performed together seamlessly and in tandem.

That would be in an ideal world.

However, the practice of addressing these requirements, either individually or in combination, is extremely difficult — often involving impenetrable mathematical procedures which are completely beyond the grasp of us mere mortals. Even when implemented, they require considerable quantities of data and tend to be extremely computationally intensive. So much so that, even amongst academics, engineers, and scientists who should be sophisticated enough to conduct such analyses, 95% of their studies do not! But that result becomes even worse when it turns out that, of those 5% that have performed a sensitivity analysis, 4 out of 5 have been done incorrectly. So, the reality is that only 1% of data analysis studies actually conduct a meaningful sensitivity analysis. Just think of the staggering consequences of that deficiency on “real life”!!!

QInteresting. So, when you were faced with this problem, how did you decide to approach it? And did you have any collaborators?

AEnter Mariia Kozlova, my co-author and research partner. Mariia is young, driven, and brilliant — all attributes that I am not encumbered with.

The genesis of Simulation Decomposition (SimDec) occurred 5 years ago. Our original version of SimDec was a visualization approach for the uncertainty analysis of output distributions, decomposed and colour-coded by a selection of variables chosen by the user. Basically, it was a what-if tool for performing a visual exploratory analysis of data. It really was a great analytical device, but its uptake was rather tepid.

A recurring criticism was that, because the variables selected were user-driven, it essentially amounted to a type of visual p-hacking (i.e., if you play around with any data for long enough, eventually you will “uncover” a pattern simply by chance).

After looking around at the “more scientific” variable identification options available, we decided to counter that criticism by identifying the most influential variables by calculating their sensitivity indices — our introduction to the world sensitivity analysis. Have I mentioned mathematically impenetrable? No matter how much effort we dedicated to the cause, comprehension of the “industry standard” methods remained inaccessible. We are intellectually slow! To counter this, we created our own indices that required far less data, orders of magnitude fewer calculations, and — most importantly — determined values that perform at least as well as the other methods. Think of it — indices that are good, easy to calculate, and understandable all at the same time — the heresy!

Now sensitivity indices alone can never tell the full story of the data, no matter how good or reliable they may seem. Sensitivity indices can

“The genesis of Simulation Decomposition (SimDec) occurred 5 years ago.

The original version of SimDec was a visualization approach for the uncertainty analysis of output distributions, decomposed and colour-coded by a selection of variables chosen by the user.

Basically, it was a what-if tool for performing a visual exploratory analysis of data.”

JULIAN SCOTT YEOMANS Professor of Operations Management and Information Systems

only describe the relative strength of an effect, not its shape. The actual shape of an effect is often crucial for understanding underlying behaviour and any decision-making surrounding it. So, if you combine identifying the decomposition variables based on the strength of their calculated sensitivity indices with the visual analytics from our original procedure … voila!

This updated SimDec inherently amalgamated uncertainty analysis directly into sensitivity analysis. Done in tandem, this approach exposes the strength and character of the data effects, thereby enabling deeper insights into its fundamental behaviours.

We appear to have found the somewhat aspirational Holy Grail for practically applying sensitivity analysis to the “real world”.

QWho would make use of Sensitivity Analysis and why?

AI believe the question would be better phrased replacing “would” with “should”. There is a clear gap between “should” and “would” that must be filled.

“This updated SimDec inherently amalgamated uncertainty analysis directly into sensitivity analysis. Done in tandem, this approach exposes the strength and character of the data effects, thereby enabling deeper insights into its fundamental behaviours.”

JULIAN SCOTT YEOMANS Professor of Operations Management and Information Systems,

pictured right, presenting at the SimDec launch event

QHa, fair enough — who “should” make use of Sensitivity Analysis and why?

AIf you are performing any type of analysis on data in your possession, then essentially everybody should be performing a sensitivity analysis on it. Absolutely everybody!

This all comes back to some combination of the three key questions about your data:

1. Which are the most influential factors,

2. What is their influence, and

3. What if they change?

If you have data but don’t want to know these things about it, what is the point of having that data? Extensive searches have indicated that virtually nobody in industry and academia that should be performing sensitivity analyses on their data, is actually doing so. Nobody!

Might a state-of-the-art book bridging that gap not prove extremely beneficial?

QA very modest response that leads nicely into my next question. So, tell us about your research and this new book for our Spotlight on Research report readers!

AEverybody who uses data (from analysts to policymakers) needs to conduct sensitivity analyses on it. Sensitivity analyses can be difficult to do because the existing techniques are extremely complex. Consequently, virtually nobody at all performs sensitivity analyses, even though they should.

In contrast, we have created a new combined sensitivity-uncertainty approach that we believe is both very easy to implement “in practice” (and have created the necessary computational tools to achieve this) and is at least as good as any other existing technique currently available (we actually consider it better but that reflects a certain bias).

The overall purpose of the book is to test SimDec as a method for “shaking the foundations” of “real world” data analysis. Specifically, to explore how well SimDec performs as a sensitivity analysis tool when tested on a wide spectrum of application cases.

To achieve this, we needed numerous “real world” sites to experiment

with. Quite surprisingly, many of the organizations that we cold-contacted accepted our invitations with remarkable enthusiasm for such an intensive project — and we selected 10 of them.

As a result, the book contains 13 chapters. The first 3 chapters provide the necessary background details to understand sensitivity analysis, SimDec, and how to use the accompanying software. The remaining 10 chapters discuss the various “real world” applications studied.

QSo, what are the real-world examples of how sensitivity analysis is applied that you cover in the book?

AThe application chapters each cover a specific project in detail with these topics ranging from: corporate finance, public support, 3D manufacturing in construction, deep tech entrepreneurship, carbon footprint analysis, geology and model fidelity, P2X fuels, structural reliability, superconducting magnets, and personal decision-making. The SimDec method can be considered quite application agnostic — all it requires is the data.

While the analysis method was our creation and interpreting its output fell directly at our feet, our knowledge of topics in (say) high-energy physics and structural integrity is, and remains, rather … limited at best. Consequently, Mariia and I co-wrote each application chapter with the support from our various colleagues in each of the respective organizations.

In almost all cases, the sensitivity analysis results that were produced turned out to be quite remarkable (the details are in the book) in that they uncovered outcomes that had not been considered, a priori. In fact, the results were so beneficial that everybody planned to keep using SimDec as part of their standard organizational practice and the vast majority wanted to undertake further studies with us — which is always a good seal of approval.

Q

Building on that, what are the broader implications of your work?

AThe general implications from this study are that, if you can provide an accessible easy-to-use mechanism for conducting a meaningful sensitivity analysis of data, not only will people do so, but they will also uncover very useful information that they were not previously aware of. There are many broad technological and strategic benefits to be gained by analyzing the results from performing this task. SimDec provides its necessary vehicle.

QHow do you think this will impact the field of analytics (and don’t be afraid to be immodest!)

AThere are two parts to my answer here, depending upon whether you are an academic or in the “real world”:

First, for academics: A sensitivity analysis should be done whenever you are analyzing data. Clearly, this has not been the case previously because either people are not familiar with the concept or find the options available to perform it too computationally daunting. Therefore, irrespective of

field, if you are an academic, nobody has been doing sensitivity analyses and would definitely not have used SimDec. So, for the next year or so, if you use it on your data (and uncover some cool relationships) you can publish a paper on “An Application of SimDec to Field/Topic XXX”.

So, if you are a graduate student, an up-and-coming junior faculty member who must publish for tenure, a tenured faculty member looking to put out something new, or a “mature” scholar searching for an outlet (i.e., everyone!), SimDec provides an immediate option for a publication (and academe is a publish-orperish world). Longer term, once the requirement for performing a straightforward sensitivity analysis becomes “main stream”, academics should be including it automatically in the data analysis section of their research — as part of the already-standard statistical-type component (hopefully boosting my citation counts dramatically by always referring to this book as its guiding source).

Secondly, for industry settings and “real world” applications: If you can derive more information from analyzing your existing data, from an economic and/or practical sense, why on earth would you ever not do it? SimDec provides a now readily

Schulich Professor Julian Scott Yeomans Presents Groundbreaking New Sensitivity

accessible straightforward technique to accomplish the task. What is the worst that could happen from using it? If its findings are viewed as completely worthless, then simply don’t use them. But I have a sneaking suspicion that applying any form of sensitivity analysis would always be beneficial. Whether this analysis be done with SimDec or (God forbid) some better method that might emerge, “real life” applications will never be worse off from receiving such scrutiny. Of course, from a purely egocentric standpoint, the best course of action would be to make SimDec the industry standard!

QAre there any new trends or emerging technologies in sensitivity analysis that you find particularly exciting or promising?

AOther than SimDec? Clearly not! Actually, our hopes are that this, and perhaps related work, will spur more attention toward the “real world” practical application of sensitivity analysis. That there is more extensive consideration for advancing ease-ofuse methods to make the approach more universally accessible to all. Our fingers are firmly crossed!

The application of SimDec to “real world” settings and actually using it for the sensitivity analysis of results & modelling holds the most promise.

QWhat areas of SimDec and sensitivity analysis do you believe are ripe for further exploration?

AAdvancing “theory” is always something that can be attacked with impunity as an area for further exploration — at least from an academic perspective. Theory always leads to more theory. And this mathematical elegance is what gets widely published. Unfortunately, from a practical standpoint, the current theory is already computationally impenetrable. Right now, people are staying away from conducting sensitivity analyses in droves. Creating more theory that makes it even more mathematically inaccessible won’t break down any of the barriers to entry.

So, for me, it is the application of SimDec to “real world” settings and actually using it for the sensitivity analysis of results & modelling that holds the most promise. Widespread performance of sensitivity analysis is sorely lacking in all applied and academic settings, mainly because existing methods are much too impenetrable and inaccessible. SimDec changes this complexity dynamic, dramatically. So, we need to be rather evangelical with everyone who uses data, to get them to perform sensitivity analyses on it … and we just happen to have a method that they can easily employ. (Though if you can find a better method, please use it!)

QAre there any upcoming projects or research directions you’re particularly excited about?

AThere are a TON of directions that we are being pulled in, at the moment, so it is hard to provide a comprehensive answer to this question. Off the top of my head, a few of my favourite current “real world” studies are:

• The impact of the nitrogen-rich, food-water-energy agricultural system in the US Midwest on the resulting low levels of dissolved oxygen (hypoxia) in the Gulf of Mexico (with two researchers at Purdue University);

• A sensitivity analysis of the heat exchangers in the Finnish nuclear district heating reactors (with four nuclear engineers at LUT University);

• Using SimDec to enhance the sustainability and efficiency in the 3D-printing of concrete for the construction industry (with a construction engineer from the Netherlands, a concrete researcher at ETH Switzerland, and the CTO of a Finnish robotics company);

• Analysis of cancer data — breast cancer in humans, hemangiosarcoma in dogs (with a local veterinary colleague); and,

• Enhancing our computational algorithms by borrowing efficiencies from structural chemistry methods (yes, I had to Google what “structural chemistry” was, too) — perhaps doing our part to contribute to the overall impenetrability of the subject via this study (with a German chemist at the U of Bielefeld).

So, clearly just your standard, run-of-the-mill set of business stuff.

QWhat advice do you give to students interested in pursuing research in this area?

AThere is really a multi-pronged response to this question depending upon the type and scale of interest.

For those that “simply” want to use SimDec and/or sensitivity analysis on their own data, you can get a good introduction by reading our first three chapters and whatever selected application chapters that interest you — to get an idea as to how run and interpret the output. The computational tools are readily available and the code can be modified to suit your purposes. You can even pull the uncertainty and sensitivity components apart to use them separately. If you join our Discord forum, there is a readily available Q&A forum.

For those who might want to advance SimDec research and/or work on the applied side of sensitivity analysis, it would be best to get in touch with me (syeomans@yorku.ca) or Mariia (Mariia.Kozlova@lut.fi), directly, to determine what-is-what.

And if you want to do a full-on, deepdive into the theory of sensitivity analysis, it would probably be best to establish contact via our Discord community — as most of the established “big names” in the field are members. Mariia and I can provide an appropriate introduction, if desired.

Note that all of these resources are completely open to anyone beyond the walls of the academic world, too!

Q

How can people find out about your work?

AAbsolutely everything we have done is completely Open Science, so it is freely available and accessible to anyone. In addition to all published research papers, the links shown below can also be found on my faculty webpage

An open access (OA) version of the book is free to download from: https://doi.org/10.4324/ 9781003453789 (you can also purchase a $250 hardcopy through the publisher via that link, or from sellers like Amazon as well). All computer codes (Python, R, Julia, Matlab, VBA) are available open source from: https://github.com/ Simulation-Decomposition

If you are not a programmer, the interface for our no-coding-required web dashboard can be found at: https://simdec.io/

You can join our SimDec discussion forum at: https://discord.gg/ 8jkEyqXu2W. Our Discord community essentially contains a “who’s who” of the “big names” in sensitivity analysis and provides a great networking resource for aspiring users and researchers. Of course, you can also read movies and music reviews, general bonhomie, Q&A, football results, etc.

And we also maintain an earlier, more general SimDec website, from when we anticipated becoming software billionaires, while living off the royalties of a certain book: www.SimDec.Fi

QAny closing remarks?

ASimDec and sensitivity analysis should not be considered “spectator sports.” If you possess data, you need to actively participate and get “stuck in.” SimDec is completely application agnostic and, clearly, I want you to use it on whatever application of interest you might have. I can make all kinds of claims as to its benefits, but I am not an academic snake-oil salesman and SimDec should not be promoted as cold fusion.

Try it for yourself to determine if it could really be useful for you. There is no downside to experimenting with it.

But first of all, read the book!

Faculty Research Impacts & Recognitions

Our faculty are the lifeblood of our research program, and the areas of their research are diverse. Many of our faculty have achieved world-wide acclaim for their long-term impact through their research excellence and through the quality of their contributions and their ability to inspire.

Schulich Faculty Members Named Among Canada’s Top Researchers

One of Schulich’s trademark attributes has always been real-world relevance, and this concept is intertwined in many faculty members’ research programs, outcomes, and impact. Schulich faculty are looking at topics and issues that affect everyday lives across the globe.

A large number of faculty conduct research in traditional business areas, including entrepreneurial studies, marketing, corporate finance, management accounting, operations and supply chain management, information systems, strategic management, corporate and social responsibility, business ethics, sustainability, economics, organizational theory, and international business, and numerous faculty members are recognized for their research in these areas. Schulich reaffirms its commitment to being a leader in providing a collaborative, interdisciplinary and

RUSSELL W. BELK

Kraft Foods Canada Chair in Marketing

63,389 Citations

innovative approach to business and management education. Schulich faculty members truly continue to demonstrate leadership and generate a large amount of high-quality research contributions in many fields.

Eight Schulich faculty members were ranked among the top researchers in Canada and among the best in the world, according to Research.com , a leading academic platform for researchers.

The results were included in the 2024 edition of its annual “Ranking of Best Scientists” in the field of business and management.

PREET AULAKH

Pierre Lassonde Chair in International Business

Four Schulich researchers were ranked among the top 50 and a total of eight Schulich faculty members made the top researchers in Canada listing.

The Schulich researchers who made the ranking are:

• Preet Aulakh , Pierre Lassonde Chair in International Business

• Russell W. Belk , Kraft Foods Canada Chair in Marketing

• Eileen Fischer, Associate Dean, Research and Anne & Max Tanenbaum Chair in Entrepreneurship and Family Enterprise

IRENE HENRIQUES Professor of Sustainability and Economics

EILEEN FISCHER

Associate Dean, Research and Anne & Max Tanenbaum Chair in Entrepreneurship and Family Enterprise

National Ranking

“ Having eight of our world-class faculty members ranked among the top researchers in Canada is a tremendous achievement and a reflection of the calibre of research excellence taking place at our school.”

DETLEV ZWICK, DEAN

• Irene Henriques , Professor of Sustainability and Economics

• Anoop Madhok , Scotiabank Chair in International Business and Entrepreneurship

• Dirk Matten , Hewlett-Packard Chair in Corporate Social Responsibility

• Dean Neu , Professor of Accounting

• Justin Tan , Newmont Mining Chair in Business Strategy

“Having eight of our world-class faculty members ranked among the top researchers in Canada is a tremendous achievement and a reflection of the calibre of research excellence taking place at our school,” says Detlev Zwick, Dean of the Schulich School of Business.

DIRK MATTEN Hewlett-Packard Chair in Corporate Social Responsibility

36 National Ranking

This is a truly outstanding accomplishment and an independent confirmation of Schulich’s faculty members’ stellar status in these fields. We are proud to count them as colleagues!

The ranking is based on a D-index (Discipline H-index) metric, which only includes papers and citation values for an examined discipline. The ranking also includes only leading scientists with D-index of at least 30 for academic publications in the areas of Business and Management.

The full ranking is available at: https://research.com/ scientists-rankings/business-andmanagement/ca .

The ranking goal is to inspire researchers, entrepreneurs and politicians around the world to

ANOOP MADHOK Scotiabank Chair in International Business and Entrepreneurship

13,320 Citations

examine where prominent experts are heading and to provide an opportunity for the entire research community to discover who the leading experts are in these specific fields of research.

Schulich faculty members are at the forefront of their fields and are increasingly being recognized for their long-term impacts and contributions to management knowledge. What makes Schulich unique is its broad interdisciplinary business and management strengths that the School can build on, the connection with its communities locally, nationally, and globally, and the fact that Schulich is a leader in a number of fields. The School continues to excel and exhibit research excellence, as evidenced by these impressive recognitions and honours.

JUSTIN TAN Newmont Mining Chair in Business Strategy

119 Publications

DEAN NEU Professor of Accounting

45 D-Index

FACULTY

Schulich Professor Emeritus

James McKellar Appointed as Visiting Scholar by Global Affairs Canada and Provides Policy Briefs for G7 Meeting

Schulich Professor Emeritus James McKellar has been appointed by Global Affairs Canada (GAC), sponsor of the International Assistance Visiting Scholar Initiative (VSI) managed by the International Assistance Knowledge and Research Division (PVA), as their Visiting Scholar for 2024.

“I am pleased to contribute to Canada’s initiative to leverage our country’s acknowledged global leadership in attracting private investment capital to address the infrastructure gap and promote sustainable infrastructure solutions, particularly in emerging markets,” said McKellar.

This appointment reflects the commitment of the G7, including Canada, to collectively mobilize up to US$600 billion in public and private investment by 2027 to address infrastructure gaps in developing countries. In his capacity as a Visiting Scholar, McKellar will prepare several discussion papers

based on original research, as well as lead several policy workshops. Professor McKellar will contribute to the development of a clear infrastructure policy for Canada, addressing the mobilization of private capital, Public-Private Partnerships, and Canada’s international experience in this sector. The work will inform the development of strategic guidelines for infrastructure investments for sustainable and inclusive growth, and prepare Canada’s position for the G7 when it hosts this event.

This appointment reflects

with the recent release of his book, Infrastructure as Business: The Role of Private Investment Capital (Routledge, 2023).

In 2024, Global Affairs Canada released two policy briefs prepared by Schulich faculty members — James McKellar, Professor Emeritus and Global Affairs Canada 2024 International Assistance Visiting Scholar, and Karen Shlesinger, Program Director of the Tim and Frances Price Urban Lab and Sustainable Infrastructure. Both briefs are intended to guide Global Affairs Canada in formulating the agenda for the G7 meeting to be held in Canada in 2025.

(L) James McKellar, Professor Emeritus and Global Affairs Canada 2024 International Assistance Visiting Scholar, and (R) Karen Shlesinger, Program Director of the Tim and Frances Price Urban Lab and Sustainable Infrastructure

“These two policy briefs reflect the dominance of Canada in privately investing in infrastructure across the globe and acknowledges the global leadership of the Schulich School of Business in education and research in sustainable infrastructure,” said McKellar.

Policy Brief 1: Canada’s Comparative Advantages for a GovernmentWide International Development Strategy is background to Policy Brief 2: Recommendation for Canada’s International Sustainable Infrastructure Strategy.

According to the Policy Brief 1, Canadian institutional investors are recognized for their global infrastructure investment

“

I am pleased to contribute to Canada’s initiative to leverage our country’s acknowledged global leadership in attracting private investment capital to address the infrastructure gap and promote sustainable infrastructure solutions, particularly in emerging markets.”

JAMES M c KELLAR, PROFESSOR EMERITUS AND GLOBAL AFFAIRS CANADA 2024 INTERNATIONAL ASSISTANCE VISITING SCHOLAR

prowess, supported by a handsoff government approach, direct ownership investment models, and a focus on human capital development. However, challenges exist in attracting private capital to low and middle-income countries (LMICs) due to inadequate risk premiums and poor local enabling environments. Canada’s substantial human capital can help overcome these challenges by enhancing capacity building in LMICs, making infrastructure projects more attractive to investors, and aligning with G7 commitments on sustainable infrastructure.

Policy Brief 2: The second brief suggests that Canada can enhance its international

sustainable infrastructure strategy by leveraging its reputation in institutional infrastructure investment. It recommends three initiatives to increase private capital flow to LMICs:

(1) developing human capacity; (2) adopting a business mindset for projects; and (3) establishing open dialogue with investors.

It emphasizes the need for capacity building in LMICs to support sustainable infrastructure development.

Both briefs are available through the authors at: jmckellar@schulich.yorku.ca or kshles@schulich.yorku.ca

(Top right) Finance Minister Bill Morneau speaking at announcement of Canadian and G7 investors. (Bottom right) Schulich Partners with G7 Investors on Infrastructure Education.

More Prestigious Awards and Honours

At Schulich, faculty members from all disciplines are generating leading-edge knowledge about management practice and theory and winning numerous awards and honours, further strengthening our reputation as a world-class research institution.

Russell W. Belk Earns Most Cited Award

Russell W. Belk, Kraft Foods Canada Chair in Marketing and York University Distinguished Research Professor, had one of the 10 most-cited papers in Psychology and Marketing, “Metaverse Marketing: How the Metaverse will Shape the Future of Consumer Research and Practice”.

Adam Diamant Recognized by the INFORMS Journal of Computing

Adam Diamant, Associate Professor of Operations Management and Information Systems and York Research Chair in Managing AI-Driven Technologies in Health Care, has been recognized as a Meritorious Reviewer for the INFORMS Journal on Computing for “exemplifying the highest standards of peer review process.”

Vibhuti Dhingra Earns Best Paper Proceedings Award

Vibhuti Dhingra, Assistant Professor of Operations Management and Information Systems, earned the Academy of Management’s Best Paper Proceedings award (top 10% of submissions) for her working paper “Are Chief Sustainability Officers Guardians of Environmental Justice? An Empirical Evaluation”.

Eileen Fischer Wins Best Reviewer Awards

Eileen Fischer, Professor of Marketing, and Anne and Max Tanenbaum Chair in Entrepreneurship and Family Enterprise, won the Journal of Marketing and Journal of Consumer Research 2024 Best Reviewer Awards.

Ambrus Kecskés Earns Best Paper Award

Ambrus Kecskés, Professor of Finance, won the 2024 Finance Symposium’s Best Paper Award for a co-authored paper titled, “Producing AI Innovation and Its Value Implications”.

Geoffrey Kistruck Wins Best Paper Award

Geoffrey Kistruck, Professor & RBC Chair in Social Innovation & Impact, won the BCERC 2024 Best Paper on Social Entrepreneurship Award — Schulist, P., Kistruck, G., & Gerba, D. “Imitating by Effectuation: Venture Creation in Contexts of Poverty”.

2024 Honour Roll

Moren Lévesque Wins Best Paper Award

Moren Levesque, Professor of Operations Management and Information Systems and CPA Ontario Chair in International Entrepreneurship, won the Journal of Operations Management ’s Jack Meredith Best Paper Award.

Dirk Matten Earns Leader Award

Dirk Matten, Professor of Sustainability and Hewlett-Packard Chair in Corporate Social Responsibility, earned the Political Science Leader Award for 2024 by research.com

Grant Packard

Top 30 over 30 Marketing Professors in Canada

Grant Packard, Associate Professor of Marketing, was named one of the Top 30 over 30 Marketing Professors in Canada, Marketing News Canada

Winny Shen Honoured by the Canadian Psychological Association

Winny Shen, Associate Professor of Organization Studies, was named a Fellow of the Canadian Psychological Association.

Maxim Voronov Wins Best Reviewer Mentor

Maxim Voronov, Professor of Sustainability and Organization, was named the Outstanding Bridge Reviewer Mentor, Academy of Management Review, August 2024.

Adam Diamant

Russell W. Belk

Grant Packard Winny Shen Maxim Voronov

Eileen Fischer Ambrus Kecskés Geoffrey Kistruck

Moren Lévesque

Vibhuti Dhingra

Dirk Matten

Faculty News

Schulich Research Excellence Fellowship

The establishment and designation of the “Schulich Research Excellence Fellow” is a means of retaining, incentivizing, and recognizing non-chaired tenured faculty members who are achieving research excellence within the parameters of the Schulich’s scholarly plans, mission, and strategy. This Research Excellence Fellowship is for a three-year term, and the fellows receive one course release per year to enhance their research productivity.

RESEARCH INTERESTS

• Asset Pricing

• Behavioural Finance

• Capital Markets

• Finance — Econometrics

• Return Predictability

• Stock Valuation

Mark J. Kamstra Professor of Finance

Mark Kamstra’s most influential peer-reviewed journal articles include a series of papers on behavioural finance, published in the American Economic Review. This work documents two new anomalies, the daylight-saving effect, wherein markets tumble on average on the Monday following a time change, and the seasonal affective disorder effect, an annual cycle in equity returns around the world where returns tend to decline in the fall when the mood of investors turns blue, recovering in the spring. Both these findings have been widely cited in academic journals and covered in press outlets such as the Financial Times , MarketWatch, Bloomberg, Wall Street Journal, The Globe and Mail, The Toronto Star, Business News Network (BNN), Money Sense Magazine, CTV-CFTO News, The Daily Telegraph, The National Post, TIME, and many others. This impact and attention led to the 2015 award of a limited term chair provided by the Canadian Securities Institute Research Foundation, close to one million dollars of external grant support over the past 20 years, and now the Schulich Research Excellence Fellowship.

Some of Mark’s most recent work examines the impact seasonal mood variation has on the demand for and yields of municipal bond issuances, and mood-related seasonalities in high frequency equity market bid/ask spreads (i.e., the cost of liquidity). His interest in behavioural biases of investors has led to an agenda exploring investor attention with a former PhD student, Joseph Zhou. Among the questions addressed in this work is whose attention matters: retail or institutional investors, and what is the impact on investor reaction to the type of news, complex or simple-to-digest. They find that retail investors move the market for smaller firms (under half a billion dollars market capitalization) and that anomalous return patterns are largely a function of uninformed retail investors paying attention to positive sentiment, complex news. Interestingly, informed retail investors stabilize markets.

Mark is also supervising works-in-progress with two PhD students, Afshin Cheraghi and Elham Tabatabaei. These projects harness cutting-edge artificial intelligence tools such as (new and improved) machine learning, for example, to extract sentiment from corporate communications and earnings calls.

RESEARCH INTERESTS

• Stigma

• Disclosure

• Identity

• Well-Being

• Inter-Group Identity Dynamics

• Diversity, Equity & Inclusion

Brent Lyons

Associate Professor of Organization Studies

Brent Lyons’ research aims to understand the role of stigma in the careers and well-being of members of non-dominant social groups. He is particularly interested in the experiences of disabled employees and sexual minority employees. Through the lens of stigma, he examines disclosure — why people choose to disclose or not disclose at work — and the consequences of those decisions. For example, while some employees with disabilities may need to disclose their condition to secure necessary accommodations or explain work absences, they might refrain from doing so due to fears that it could negatively affect their career opportunities. Brent investigates how organizational processes can either facilitate or hinder disclosure, and how workplace environments can reduce or worsen stigma.

In a second area of research, Brent studies how employees respond to and engage with organizational change efforts related to stigma. In recent years, organizations have increasingly implemented DEI initiatives with varying degrees of success — and resistance. Brent is interested in understanding why and how employees resist these efforts and how such resistance affects organizational change. He is currently collaborating with organizations to explore resistance and identify how opportunities for learning can be cultivated. Through this work, Brent is finding that ongoing dialogue — where employees openly share and critically reflect on diverse DEI perspectives (“dialogue across perspectives”) — holds promise for fostering learning.

Brent is very appreciative of the Schulich Research Excellence Fellowship. With the support of this award, he will focus on a third area of research: understanding how 2SLGBTQ+ employees are experiencing and coping with the rising tide of anti-2SLGBTQ+ media events and legislation in the U.S. and Canada. In collaboration with Schulich Postdoctoral Fellow Dr. Daniel Quincal-Curcic, he is conducting a large-scale mixed-methods study to examine issues such as disclosure, relationships, stress, mental health, and well-being.

RESEARCH INTERESTS

• Executive Compensation

• Health Care

Management

• Health Economics

• Health Policy

• Performance Measures

• Retirement Planning

Amin Mawani Professor of Accounting

Amin Mawani’s research has broadly examined the impact of taxation on business and personal financial decisions. His research interest also includes the role of tax policy in promoting healthcare and determining the cost-benefit analysis of illness prevention programs, with a special emphasis on healthcare costs paid by employers to retain or boost employee productivity.

He has historically researched taxation of financial instruments such as employee stock options, focusing on inequities and inefficiencies in the tax system. His co-authored study on contributing employee stock options into Tax-free Savings Accounts (TFSA) plans won the 2025 inaugural Thomas Schneider Community Impact Research Award from the Canadian Academic Accounting Association. Immediately after their research was published in the Canadian Tax Journal, the CRA reversed its longstanding policy and claimed that “In the CRA’s view, the intrinsic value of an option, warrant or similar right is not reflective of the option’s, warrant’s or similar right’s FMV.” Instead, the CRA started recognizing the Black-Scholes value for employee stock options following their publication, hence establishing the immediate and direct impact of their research on tax policy and tax practice.

During COVID-19, he pivoted and had several publications on the various COVID-19 relief programs, pointing out potential inequities and inefficiencies. This also resulted in several op-eds published in The Globe and Mail during this period. His current policy research with York co-authors examines how the role of more sensitive point-of-need tests can serve as a foundation for developing new demand for such tests in non-medical applications such as food safety and environmental monitoring. Such continuous demand could transform mass testing from a reactive crisis tool into an economically viable and sustainable component of global disease surveillance and pandemic preparedness.

In his research on caregiver tax credits, his preliminary findings suggest that Canadians who claim a caregiver tax credit often go on to experience lower employment incomes in subsequent years. This may suggest the existence of a “caregiver penalty” akin to a “motherhood penalty.”

RESEARCH INTERESTS

• Consumer Behaviour

• Consumer Information Processing

• Marketing

• Marketing — Technology

Theodore J. Noseworthy Professor of Marketing

Theo Noseworthy’s research focuses on how consumers make sense of innovative products and how marketers can better facilitate the adoption of innovation. A common theme he explores is how consumers make biased judgments when evaluating new products. This encompasses everything from how consumers make sense of incremental adjustments to a product’s form, packaging, or functionality to more nuanced changes in how consumers deal with the introduction of radical innovations and the emergence of entirely new product concepts. Dr. Noseworthy’s research has implications for marketers and public policymakers as it relates to a variety of domains including, but not limited to, food innovation, currency innovation, and the proliferation of technology.

The Schulich Research Excellence Fellow will allow Theo to focus on a multi-institutional SSHRC-funded research program that collectively explores how Artificial Intelligence (AI) is shaping the global economy. As an example, the first project in this program looks to examine the use of AI in robot agents in the service sector with a focus on consumer inferences around job displacement based on whether the robot has a humanoid form or a non-humanoid form. This project builds on theories of artifact recognition, and particularly the key difference between “artifacts” (manmade things) and “natural kinds” (things that appear in nature) being that artifacts are designed to look a certain way because they are intended to function a certain way. It is in this respect that form and function are intimately related in synthetic objects by a person’s implicit inferences about the creator’s intent. Thus, a robot that looks like a human may bring about greater fear that it is here to displace humans. This is important given that the current trend with large corporations is to move toward general humanoid machines rather than non-humanoid specialized machines. This work would offer a cautionary note to this trend.

Theo’s research project/s will offer nuance to the debate around the trade-off between the promises of AI and the human psychology that may inhibit the widespread acceptance and adoption of the technology.

RESEARCH INTERESTS

• Branding

• Consumer Well-Being

• Consumer Culture

• Market Belonging

Ela Veresiu

Associate Professor of Marketing

Ela Veresiu studies how markets, including both public and private sectors, can better serve underrepresented consumer groups. More specifically, her research focuses on consumer well-being and market belonging at the interplay of institutions, brands, technology, and identity. Her work has examined building age-inclusive brands, the optimal timing of new technology launches, delegitimizing racialized brands, advertising in a context harm crisis (like a pandemic), and shaping ethnic consumers through multicultural markets. She employs qualitative research methodologies, such as archival data, depth interviews, ethnography, and netnography, in her research. Ela Veresiu has also made a mark publishing conceptual pieces advancing marketing theory and practice in top-tier academic journals, including the Journal of Marketing and the Journal of Consumer Research from the Financial Times 50 list.

The Schulich Research Excellence Fellowship allows Ela to focus on a new SSHRC-funded project, as well as ongoing research with her past and current PhD students on more underrepresented consumer groups. Ela recently received a SSHRC Insight Grant to study how to champion belonging of menopausal consumers in the marketplace, which is a high priority endeavour. At the same time, she will continue working with a former PhD to unpack how markets become polarized using the case of the controversial vaping market. With another former student, Ela is investigating how markets shape what consumers think they deserve to buy, as well as how consumers build resilience in the alternative health market. Lastly, she and her current PhD student are researching the consumption practices of, and market offerings for, families with neurodivergent children.

Together, these research projects are moving Ela’s research program on consumer well-being and market belonging in the healthcare sector, which is crucial for individual welfare, economic success, and societal prosperity.

New Full Professors

Schulich Faculty members are leading scholars from the world’s best universities. Their award-winning research is recognized globally. They are at the forefront of their fields and are increasingly being acknowledged for their long-term impacts and contributions to management education and research. Two members of Schulich’s faculty have recently been advanced in position from Associate Professor to Professor.

Ambrus Kecskés

Professor of Finance

Ambrus Kecskés is a Professor of Finance at the Schulich School of Business at York University. He studied at the Rotman School of Management and earned a B.Com. and PhD in Finance, both from the University of Toronto.

His main research expertise and interests lie at the intersection of financial markets and the real economy. He has published numerous papers in the top finance and accounting journals. His research has won many best paper awards at conferences around the world and is regularly cited by such media outlets as the Wall Street Journal, Bloomberg, Forbes, the Financial Post, The Globe and Mail, and CBC News.

His teaching focuses on corporate finance and ranges from the undergraduate to the doctoral levels. He has won numerous teaching excellence awards. In addition to his teaching at York University, he has taught at Virginia Tech and the University of Toronto.

Ruodan Shao

Professor of Organization Studies

Professor Ruodan Shao is a leading scholar whose research interests include corporate social responsibility, cross-cultural management, business ethics and ethical decision-making, and organizational justice.

She has published 23 peer-reviewed journal articles, including 9 in journals listed on the Financial Times Top 50 (FT50). Her research has appeared in the Journal of Applied Psychology, Organizational Behavior and Human Decision Processes, Personnel Psychology, and the Journal of Management. Her work has been cited over 4,880 times (as of May 7, 2025), and she has presented more than 40 papers at top international academic conferences. As noted by Dean Detlev Zwick, “Ruodan’s research zeros in on timely topics of great relevance, and she is a most worthy recipient of the Dean’s Research Impact Award.”

She is a two-time recipient of the Schulich Research Excellence Fellowship (2021, 2024). She received the Best Submission with Practical Implications Award from the Academy of Management in 2019 and the Best Published Paper Award from the International Association for Business and Society and Brigham Young University Marriott School of Management in 2017.

Professor Shao is deeply committed to her academic services and serves as an Associate Editor of the Journal of Vocational Behavior and serves on the editorial boards of four other leading journals. At Schulich, she supervises eight PhD students as dissertation committee chair and/or member. She also plays an active role in institutional service, serving as Area Coordinator, Senator for York University, Vice Chair of Faculty Council, and contributing to the Schulich Business Excellence Academy Program. Her teaching interests include organizational behaviour and human resource management. She received the University of British Columbia Graduate Student Teaching Award and was nominated for the UBC Commerce Undergraduate Society Teaching Excellence Award in 2010.

Newly Funded Research Projects

Schulich researchers continue to successfully secure funding from Canada’s federal Tri-Council granting agencies, the major source of research and scholarship funding for Canadian universities. Schulich researchers predominantly receive funding from the Social Sciences and Humanities Research Council (SSHRC). We proudly present some of the interesting work that is being conducted by our researchers.

SSHRC INSIGHT DEVELOPMENT GRANTS

Financial Constraints and Secondary Markets for Patents

Principal Investigator: Yelena Larkin

While existing research has extensively documented how financial constraints shape the innovation and patent trading strategies of publicly traded firms, less is known about their effects on individual inventors and small-to-medium-sized enterprises (SMEs), particularly in the secondary patent markets. This project investigates how personal wealth shocks influence the strategic decisions of SMEs — whether to pursue commercialization, abandon the patent, or sell it. The central hypothesis is that financial distress heightens risk aversion and increases the need for liquidity, thereby making patent sales more likely than investment in commercialization.

To test this, the study relies on a large-scale USPTO patent assignment data covering millions of patents granted over several decades. This data is further augmented with county-level housing and economic indicators to identify localized personal financial shocks.

By focusing on the micro-level dynamics of patent transactions, as well as individual inventor and SME angle, the project provides a novel contribution to the finance, innovation, and intellectual property literature. It also yields policy-relevant insights, potentially suggesting that strengthening local financial resilience may help reduce involuntary patent sales and limit the spread of opportunistic litigation by Non-Practicing Entities (NPEs), also known as patent trolls.

SSHRC INSIGHT DEVELOPMENT GRANTS

Transparency

of Information Disclosure and Investor Protection

Principal Investigator: Xijiang Su

How do mutual funds disclose performance information to investors besides quantitative metrics? How do different types of disclosures affect investor protection in the capital markets? Do mutual funds reflect investors’ preferences in their proxy voting? These questions are important to address for the following reasons. First, households pool trillions of dollars in mutual funds for their retirements, education and financial planning. Second, funds always underperform the performance benchmark and investors make bad decisions in selecting the right investments. One of the explanations is that investors of mutual funds are unsophisticated, and the disclosure of mutual funds is complicated and lengthy to understand. As a result, it has been the focus of regulatory reforms in the past decades. In addition, these research topics are largely under-explored in the academic literature partly because fund disclosure documents are highly unstructured or not readily available. Given this context, my objectives in this research project are to examine (1) whether and how performance disclosure made by mutual funds affects investor protection in capital markets and (2) explore the black box of voting processes by mutual funds by relying on novel data from a Fintech company.

YELENA LARKIN Associate Professor of Finance

XIJIANG SU Assistant Professor of Accounting

GRANT PACKARD

Associate Professor of Marketing

SSHRC INSIGHT DEVELOPMENT GRANTS

Using Linguistic Style to Increase Trust in Political Messages from “Across the Aisle”

Principal Investigator: Grant Packard

This research uses large language models, econometric analysis, and experiments to shed light on how the style and content of political messaging shapes voter attitudes and behaviours. Our initial efforts have focused on ‘attack’ messages that negatively frame an opposing politician or party. Attack messaging has exploded with the advent of social media, where messages derogating an opponent can spread like wildfire. But could this message tactic have unconsidered longer term costs for the attacker?

Analysis of over 75,000 US House of Representatives social media messages and response data, a large-scale voter survey, and controlled experiments investigate this question. Results thus far reveal that while attack messaging indeed increases immediate audience reach for a single message (via shares/retweets), it simultaneously impedes long-term audience reach (via followers) for subsequent messages, regardless of one’s party affiliation (i.e., both “within” and “across” the aisle). Cognitive arousal and trust perceptions drive these two effects, respectively.

Professor Packard and his co-investigators continue to examine a variety of ways that language style and content might shape voter attitudes under this SSHRC-supported line of research.

MOREN LÉVESQUE

Professor of Operations Management and Information Systems; CPA Ontario Chair in International Entrepreneurship; Co-director of Entrepreneurial Studies

PIERRE GAUTREAU

PhD Candidate, Business Administration

SSHRC INSIGHT DEVELOPMENT GRANTS

Exploring Biotech-pharma Alliance Breakups Following Drug Launches

Principal Investigator: Moren Lévesque

With Doctoral Student: Pierre Gautreau

Securing funding, strengthening intellectual property, and borrowing expertise in clinical trials and regulatory approvals, are all strong incentives for biotech firms to ally with pharmaceutical firms. In contrast, these alliances represent opportunities to pharmaceutical firms aiming to explore emerging fields and diversify their investment portfolios. These partnerships are thus central to a biotech firm’s sustained operations and financial stability, but they only represent one piece of a pharmaceutical firm’s investment portfolio. Consequently, the aftermaths of terminating an alliance are likely severer for the biotech firm than the pharmaceutical partner.

This research considers the perspective of a biotech firm seeking new partnerships. First, it demonstrates that the launch of a new drug by a pharmaceutical partner increases the risk of that partner terminating its alliance with a biotech firm that is unrelated to that drug launch. Second, it pinpoints alliance and firm characteristics that can help reduce this risk of post-launch alliance termination. This research should thus matter to key decision makers in the biopharmaceutical industry because alliance terminations can deeply affect biotech startups by disrupting their operations, damaging their financial viability, and even compromising their reputation.

SSHRC INSIGHT GRANTS

Fairness Heuristic and Follower Role Adoption

Principal Investigator: Chris Bell

This research program uses the analogy of participatory theatre to explore how fair or unfair treatment influences employees’ enactment of a role vis-à-vis leadership. When joining an organization, we want to determine if we will be treated fairly. Will we be rewarded or exploited for our efforts and contributions? Will we be socially accepted or excluded and marginalized? At the same time, we determine our alignment with our supervisor, who embodies the workgroup’s values, goals, and behaviours. Alignment is not passive and is expressed through a follower role, identified in a new taxonomy developed by my colleagues and I, ranging from devoted follower through vigilant, covert, pragmatic, apathetic, survivor, dissenter, and rebel. Fairness judgments take time and resources to make, so we use these heuristically in later situations with the same people and context. The follower role, to the extent it is predicated on fairness judgments, is similarly robust, persistent, and resilient. We except fairness judgments and follower roles will get updated in ‘phase-shifting’ circumstances that demand a review of existing judgments and attitudes, for instance when getting a new supervisor, a promotion, or moving to a new workgroup.

SSHRC INSIGHT GRANTS

Belief in the Social Contract and Collective Climate Action

Principal Investigator: Nicole Mead

Climate change poses a profound threat to Canada through its devastating consequences to economic, social and health outcomes. The Intergovernmental Panel on Climate Change (IPCC 2023) warns there is little time to secure a liveable and sustainable future. What can be done? The most common answer has been to encourage shifts in personal climate action (e.g., recycling; reduced energy usage). While important, this is not sufficient since the impact of people’s behaviours on greenhouse gas emissions is constrained by the systems in which they live. To speed up the system-level changes that are necessary to prevent irreversible harm to people and the planet, we need to be able to identify who is willing to support system-level solutions (e.g., supporting carbon tax policies). Nicole’s research does this by identifying, validating, and measuring a novel precursor — belief in the social contract. Nicole proposes and finds that people vary in the degree to which they believe that there are rules and norms that citizens, businesses, and governments need to follow to receive the benefits of living in society. Further, she finds that these beliefs are important for predicting people’s willingness to support costly policies that require multilateral action.

SSHRC INSIGHT GRANTS

Longevity Risk Sharing and Pension Equity

Principal Investigator: Moshe A. Milevsky

My research seeks to improve understanding of fair and equitable longevity risk sharing within pension plans and annuity funds, especially when participants have differing life expectancies. Rather than focusing solely on average life expectancy (the mean of the remaining lifetime), I focus on the entire distribution of longevity risk and its implications for sharing arrangements. Individuals may have similar means or variances in life expectancy but differ significantly in tail risk, which should influence how risk is shared. The research aims to identify the point at which, and under what changes to the mortality curve, it becomes disadvantageous for someone to participate in a shared longevity pool. Importantly, the project will develop a normative framework to help individuals decide whether participating in a longevity risk-sharing scheme — such as a pension plan or life annuity — aligns with their financial circumstances and personal longevity expectations. A further aim is to anchor this analysis in a historical context, laying the foundation for a broader investigation of heterogeneous longevity risk sharing over time.

CHRIS BELL Professor of Organization Studies

NICOLE MEAD

Associate Professor of Marketing

MOSHE A. MILEVSKY

CIT Chair in Financial Services and Professor of Finance

ELA VERESIU Associate Professor of Marketing

SSHRC INSIGHT GRANTS

Championing Belonging and Inclusion of Ageing Menopausal Consumers in

Canada’s Marketplace

Principal Investigator: Ela Veresiu

In a recent report titled “The Silence and the Stigma,” the Menopause Foundation of Canada (2022) showed that 72% of women surveyed stated the advice they received on menopause was not helpful, while 87% believe working women need support through all stages of life, including menopause. In this research, we therefore examine how a natural process of ageing, menopause, impacts Canadian consumers and how brands can better serve them. Specially, we first seek to understand: (1) how are consumers’ experiences of menopause shaped by specific cultural and market constructions? and (2) how do menopausal consumers’ interpretations of and reactions to their bodily changes shape their consumer behaviour and identity negotiations? Then, we aspire to identify:

(1) what are the obstacles preventing innovation and product development in the menopause market? and (2) what are some inclusive practices brand managers and other professionals can utilize to overcome these obstacles and cater to menopausal consumers?

Ultimately, through this novel research, we aim to provide positive insights and instill positive change beyond theoretical advancements by empowering ageing consumers going through menopause.

Associate Professor of Organization Studies

SSHRC INSIGHT GRANTS

Helping or Hindering? Understanding Workplace Help Rejection

Principal Investigator: Luke Zhu

This research explores the underexamined phenomenon of help rejection in the workplace, shedding light on why individuals decline assistance and how helpers react to rejection. While helping behaviours are generally seen as positive, rejected offers of help can have unintended consequences, leading to strained workplace relationships, emotional distress, and diminished collaboration. Integrating Identity Control Theory, Moral Identity Theory, and the Appraisal Theory of Emotions, this study examines how moral identity influences helpers’ emotional responses to rejection — whether they feel anger or self-doubt — and how these reactions shape future workplace interactions. Through a series of experiments and field studies, the research investigates the psychological and organizational factors that contribute to help rejection, as well as its impact on both the helper and the rejector. Findings will enhance our understanding of workplace dynamics, informing strategies to foster more supportive and cooperative environments. By identifying ways to mitigate the negative effects of help rejection, this research has the potential to improve teamwork, reduce workplace conflict, and promote a culture where employees feel comfortable both offering and accepting assistance.

LUKE ZHU

Chairs and Professorships at Schulich

Schulich’s Endowed Chairs and Professorships are recognized positions of distinction and are designed to support outstanding research and teaching excellence at the School. These Chairs and Professorships contribute to the School’s overall academic excellence by supporting leading scholars in their fields.

Ann Brown Chair of Organization Studies (Established in 2010)

IVONA HIDEG

BA & MASc (Waterloo); PhD (Toronto) Associate Professor of Organization Studies

Anne and Max Tanenbaum Chair in Entrepreneurship and Family Enterprise (Established in 1999)

EILEEN FISCHER

BA & MASc (Waterloo); PhD (Queen’s) Professor of Marketing; University Professor (York University)

Bell Media Professorship in Media Management (Established in 2002)

LISA DE WILDE

BA Hons & LLB (McGill) Bell Media Professor of Media Management

CIBC Chair in Sustainable Finance (Established in 2022)

OLAF WEBER

BA & MA (University of Mannheim, Germany); PhD (Dr.rer.nat) (University of Bielefeld) Professor of Sustainability

CIT Chair in Financial Services (Established in 1998)

MOSHE A. MILEVSKY

BA (Yeshiva University College, New York City), MA & PhD (York University); MSc (University of Edinburgh, UK) Professor of Finance

Bob Finlayson Chair in International Finance (Established in 2011)

KEE-HONG BAE

BS & MS (Korea); PhD (Ohio State) Professor of Finance

CPA Ontario Chair in International Entrepreneurship (Established in 2011)

MOREN LÉVESQUE

BSc & MSc (Laval University); PhD (University of British Columbia) Professor of Operations Management and Information Systems

Erivan K. Haub Chair in Business and Sustainability (Established in 1993)

CHARLES H. CHO

BSc, MSc & PhD (University of Central Florida) Professor of Sustainability Accounting

George R. Gardiner Professorship in Business Ethics (Established in 1992)

ROBERT PHILLIPS

BSBA (Appalachian State University); MBA (University of South Carolina); PhD (University of Virginia) Professor of Sustainability

George Weston Ltd Chair for Sustainable Supply Chains (Established in 2021)

DAVID JOHNSTON

BA Hons, MBA & PhD (Western) Professor of Operations Management and Information Systems

Hewlett-Packard Chair in Corporate Social Responsibility (Established in 2003)

DIRK MATTEN

Dipl.-Kfm. (Essen, Germany),

Dr.rer.pol. & Dr.habil. (Düsseldorf, Germany) Professor of Sustainability

Kraft Foods Canada Chair in Marketing (Established in 2004)

(Formerly Nabisco, founded in 1985)

RUSSELL BELK

BS & PhD (Minnesota)

Professor of Marketing; University Distinguished Research Professor (York University)

Krembil Chair in Health Management and Leadership (Established in 2021)

JOSEPH MAPA

DHA & MBA (Toronto)

Adjunct Professor; Director, Krembil Centre for Health Management and Leadership; Executive Director, Health Industry Management Program

Newmont Mining Chair in Business Strategy (Established in 2003)

JUSTIN TAN

BBA (Tianjin, China); MA (Kansas); PhD (Virginia Tech) Professor of Strategic Management/Policy

Nigel Martin Chair in Finance (Established in 1996)

ELIEZER Z. PRISMAN

BA (Hebrew, Israel); MSc & DSc (Technion, Israel) Professor of Finance

Pierre Lassonde Chair in International Business (Established in 1997)

PREET S. AULAKH

BSc & MA (Panjab, India); PhD (Texas-Austin) Professor of Strategy and International Business

Richard E. Waugh Chair in Business History (Established in 2003; Re-named in 2016)

MATTHIAS KIPPING

MA (Paris-Sorbonne, France); MPA (Harvard University, USA); D.E.A. (EHESS, France); Dr. phil. (University of Munich, Germany) Professor of Policy

RBC Professorship in Social Innovation and Impact (Established in 1997)

GEOFFREY KISTRUCK

BA (Western); MBA (McMaster); PhD (Western) Professor of Sustainability

Ron Binns Chair in Financial Reporting, Banking and Governance (Established in 2010)

KIRIDARAN KANAGARETNAM

BSc (Peradeniya, Sri Lanka); MSEE (Purdue University); PhD (Syracuse University) Professor of Accounting

Scotiabank Professorship in International Business (Established in 1998)

ANOOP MADHOK

BCom (Calcutta, India); MBA (Cincinnati); MA (Johns Hopkins); PhD (McGill) Professor of Strategy

CHAIRS PENDING

Gordon Charlton Shaw Professorship in Management Science (Established in 2003)

Henry J. Knowles Chair in Organizational Strategy (Established in 2002)

Scotiabank Chair in International Finance (Established in 2013)

LILIAN NG

BBA (National University of Singapore); MBA (Binghamton, NY); PhD (Pennsylvania) Professor of Finance

Timothy R. Price Chair in Real Estate and Infrastructure (Established in 2016)

JIM CLAYTON

BA Honours (Queen’s University); MA (Western); PhD (University of British Columbia) Professor of Real Estate and Infrastructure

York Research Chair in Managing AI-Driven Technologies in Health Care (Established in 2022)

ADAM DIAMANT

BSc (University of Toronto); MSc (Boston University); PhD (University of Toronto) Associate Professor of Operations Management and Information Systems

Tanna H. Schulich Chair in Digital Marketing Strategy (Established in 1996)

DETLEV ZWICK

MS (University of Cologne); MS (University of Memphis); PhD (University of Rhode Island)

Dean, Schulich School of Business Professor of Marketing

Jarislowsky-Dimma-Mooney Chair in Corporate Governance (Joint appointment with Osgoode Hall Law School. Established in 2006)

Media, Books & Journals

Media Releases

The Office of the Associate Dean, Research is thrilled to showcase and share the remarkable scholarly and research achievements of our faculty members. We work with the media team on media releases about some forthcoming research where the media team (or unit) communicates directly to the Schulich community and helps facilitate the mobilization of the faculty’s research. This section presents the list of media releases from 2024.

• Opportunity for Growth in DEI Initiatives by Leveraging Social Identity Threat

• When do Consumers Moralize Everyday Consumption Practices?

• AI Revolution in Healthcare Demands Multidimensional Leadership: New Study Reveals Key Strategies for Successful Transformation

• How Can Managers Best Time the Launch of New Technologies?

• Challenges Faced by Multinational Enterprises Operating in China

• How Greater Digital Inclusion Can Translate Into Greater Financial Inclusion

• Careers Don’t Require A Purpose

• Navigating the Paradox of Emulating Industry Leaders: Schulich Research Sheds Light on Firms’ Strategic Positioning Dilemma

• Inside Board Directors Boost Odds of Hiring Better CEOs

• Pharmaceutical Firms Better Off Investing in Intellectual Capital than in Lobbying

• In Sales and Marketing Conversations, Timing Is Everything

• Younger Workers Key to Boosting Corporate Productivity

2,335

Journal publications since 2009

One-fourth of the articles published in 2024 were in the Financial Times 50 Journals

58%

Percentage of articles published in collaboration with international researchers in 2024

$1.67M

Record amount of research funding in the past year

272

Academic honours since 2010, including Best Paper, Best Editor, Best Reviewer, and various Book Awards

154

Books published since 2009

Books

The Research Office takes pride in presenting the accomplishments of our faculty members in the form of books and book chapters. Schulich researchers are conducting top-calibre research and have achieved recognition for business education and scholarship in the international stage.

Accounting and Finance for Managers

Edited by: Matt Bamber and Simon Parry

Hardcover: 464 Pages

Publisher: Kogan Page

Publication Year: 2024

EAN: 9781398615571

Routledge Handbook of Identity and Consumption (2nd Edition)

Edited by: Russell W. Belk and Ayalla Ruvio

Hardcover: 586 Pages

Publisher: London, Routledge

Publication Year: 2025

ISBN: 9781032468815

Digital Currency and Consumption

The Meaning of Money in an Era of Digital Currency

By: Russell W. Belk and Jashim Khan

Hardcover: 310 Pages

Publisher: Routledge

Publication Year: 2024

ISBN: 9781032544618

Handbook of Qualitative Research Methods in Marketing (2nd Edition)

Edited by: Russell W. Belk and Cele Otnes

Hardcover: 556 Pages

Publisher: UK, Edward Elgar

Publication Year: 2024

ISBN-13: 9781035302710

The Routledge Handbook of Digital Consumption

Edited by: Russell W. Belk and Rosa Llamas

Hardcover: 556 Pages

Publisher: Routledge

Publication Year: 2024

ISBN-10: 1032329599

ISBN-13: 9781032329598

Cases and Exercises on Sustainability Accounting

Edited by: Charles H. Cho, Ericka Costa and Blerita Korca

Hardcover: 240 Pages

Publisher: Edward Elgar Publishing: Cheltenham, UK

Publication Year: 2025

ISBN: 9781035330591

The Transformation of Boeing from Technological Leadership to Financial Engineering and Decline

By: Charles McMillan

Hardcover: 100 Pages

Publisher: Cambridge University Press

Publication Year: 2024

Hardcover ISBN: 9781009475624

Softcover ISBN: 9781009394727

The Religious Roots of Longevity Risk Sharing

By: Moshe A. Milevsky

Hardcover: 265 Pages

Publisher: Palgrave Macmillan Cham

Publication Year: 2024

Hardcover ISBN: 9783031624025

Softcover ISBN: 9783031624056

Sensitivity Analysis for Business, Technology, and Policymaking

Edited By: Julian Scott Yeomans and Mariia Kozlova

Hardcover: 402 Pages

Publisher: Routledge

Publication Year: 2024

ISBN: 9781032592466

Empire and the Peasant Proprietor: Inter-Colony Land Reform in the Victorian Era

By: Preet S. Aulakh

Publisher: Oxford University Press

The Oxford Handbook of Industry Dynamics

Edited By: Matthias Kipping, Takafumi Kurosawa and D. Eleanor Westney

Publisher: Oxford University Press ISBN: 9780190933463

Doing and Using Research in Arts and Cultural Management

By: Franćois Colbert, Russell W. Belk, Danilo Dantas, and Jennifer Wiggins

Publisher: Routledge

How Management Speak Became Ubiquitous and Universal: The Role of Business Schools, Management Consultants, and Business Media

By: Matthias Kipping and Lars Engwall

Publisher: Palgrave Macmillan

From Racket to Riches: The Management Consulting Business in Historical and Comparative Perspective

By: Matthias Kipping

Publisher: Oxford University Press

Canada: Playing Hardball in a Global World

By: Charles J. McMillian

Book Chapters

Schulich’s faculty members are among the most innovative scholars in the world, conducting breakthrough research in numerous fields of business. Below is a selection of book chapters representing top-calibre research in various disciplines.

Aulakh, Preet S. (2024). “Trust in International Marketing Relationships: A Retrospective.” In Saeed Samiee, Constantine S. Katsikeas and Petra Riefler (Eds.), Key Developments in International Marketing — Influential Contributions and Future Avenues for Research, JIBS Special Collection, 177-188. Switzerland: Palgrave Macmillan. (with M. Kotabe and A. Sahay)

Aulakh, Preet S. (Forthcoming).

“Intellectual Property Rights and Global Competitiveness of Developing Economies: The Case of India’s Pharmaceutical Industry.”

In Sonia E. Rolland (Ed.), Research Handbook on Trade Law and Development Cheltenham: Edward Elgar.

Belk, Russell (2025). “The Modern Girl Myth: Understanding the New Indian Woman Through her Consumption Choices.”

In Ayalla Ruvio and Russell Belk (Eds.), Routledge Handbook of Identity and Consumption. London: Routledge, 198-209. (with T. Ghoshal)

Belk, Russell (2025). “Extended Self in a Digital Age.” In Ayalla Ruvio and Russell Belk (Eds.), Routledge Handbook of Identity and Consumption. London: Routledge, 49-60.

Belk, Russell (2024). “Foreword.”

In Carolyn Strong, Brett Martin and Polymeros Chrysochou (Eds.), Advances in Blockchain Research and Cryptocurrency Behaviour, v-vi. Berlin: De Gruyter.

Belk, Russell (2024). “Creating Brand Hive Minds Through Bitcoin and the Blockchain.”

In Carolyn Strong, Brett Martin and Polymeros Chrysochou (Eds.), Advances in Blockchain Research and Consumer Behaviour, 229-264. (with M. Humayun)

Belk, Russell (2024). “Digital Possessions.” In Julia Gisler and Johanna Gollnhoffer (Eds.), The Edward Elgar Encyclopedia of Consumer Behavior, 151-153. Cheltenham: Edward Elgar.

Belk, Russell (2024). “Extended Self.”

In Julia Gisler and Johanna Gollnhoffer (Eds.), The Edward Elgar Encyclopedia of Consumer Behavior, 162-164. Cheltenham: Edward Elgar.

Belk, Russell (2024). “Sharing.” In Julia Gisler and Johanna Gollnhoffer (Eds.), The Edward Elgar Encyclopedia of Consumer Behavior, 277-279. Cheltenham: Edward Elgar.

Belk, Russell (2024). “Videographic and Visual Consumer Research: The State of the Art.” In Fatema Kawaf (Ed.), Visual Methods in Marketing and Consumer Research, 35-55. London: Routledge. (with R. Kozinets)

Belk, Russell (2024). “Introduction.” In Russell Belk and Cele Otnes (Eds.), Handbook of Qualitative Research Methods in Marketing (2nd Ed). Cheltenham: Edward Elgar. (with C. Otnes)

Belk, Russell (2024). “Smartphone society: The Role of Consumer Video in an Age of Ubiquitous Platforms and Devices.” In Russell Belk and Cele Otnes (Eds.), Handbook of Qualitative Research Methods in Marketing (2nd Ed), 410-421. Cheltenham: Edward Elgar. (with R. Kozinets)

Belk, Russell (2024). “No Cash, No Coins, No Cards, But You: Biohacking the Future of Payments.” In Kristina Bäckström, Carys Egan-Wyer and Emma Samisoe (Eds.), The Future of Consumption, 251-261. Switzerland: Palgrave Macmillan. (with V. Lima)

Belk, Russell (Forthcoming). “The Magic of Threshold Rituals: Cosmic Protection from Unseen Forces.” In Cele Otnes and Tina M. Lowrey (Eds.), Rituals, Consumption and Marketing: A Research Companion London: Routledge. (with V. Kapoor and C.N. Bheacháin)

Belk, Russell (Forthcoming). “Liquid Romance and Gift Giving of Teenagers in Japan.” In Cele Otnes and Tina M. Lowrey (Eds.), Rituals, Consumption and Marketing: A Research Companion. London: Routledge. (with Y. Minowa and T. Matsui)

Belk, Russell (Forthcoming). “Art and Art Collecting in a Digital Age.” in Adelina Broadbridge, Borum Lee and Ian Fillis (Eds.), Routledge Companion to Arts Marketing London: Routledge.

Belk, Russell (Forthcoming). “Brand Hive Minds and Bitcoin Resilience.” In Carolyn Strong (Ed.), Cryptocurrency and Blockchain: Consumer Research and Business Insights Berlin: De Gruyter. (with M. Humayun)

Belk, Russell (Forthcoming). “Digital Consumption.” In José Labeaga and José Molina (Eds.), Elgar Encyclopedia of Consumption. Cheltenham: Edward Elgar.

Belk, Russell (Forthcoming). “Self-Presentation and Identity.” In Chris Fullwood, Alison Attrill-Smith, Dawn BranleyBell, Pelham Carter and Lisa Orchard (Eds.) Palgrave Encyclopedia of Cyberpsychology Switzerland: Springer Nature.

Cho, Charles H. (2025). “Materiality Assessment and Sustainability Reporting: An Experiential Learning Project.” In Charles H. Cho, Ericka Costa and Blerita Korca (Eds.), Cases and Exercises on Sustainability Accounting, 174-178. Cheltenham: Edward Elgar.

Cho, Charles H. (2025). “Social Audit: Silent and Shadow Account.” In Charles H. Cho, Ericka Costa and Blerita Korca (Eds.), Cases and Exercises on Sustainability Accounting, 96-102. Cheltenham: Edward Elgar.

Cho, Charles H. (2025). “Introduction to Cases and Exercises on Sustainability Accounting.” In Charles H. Cho, Ericka Costa and Blerita Korca (Eds.), Cases and Exercises on Sustainability Accounting, 1-14. Cheltenham: Edward Elgar. (with E. Costa and B. Korca)

Cho, Charles H. (2024). “Sustainability Reporting and Communication in New Media.” In Gunnar Rimmel, Güler Aras, Diogenis Baboukardos, Joanna Krasodomska, Christian Nielsen and Frank Schiemann (Eds.), Research Handbook on Sustainability Reporting, 470-482. Cheltenham: Edward Elgar. (with D. Dobija, C. She and E. Zarzycka)

Cho, Charles H. (2024). “Diversity at the Top: Evidence on Board Composition and Representation.” In Gunnar Rimmel, Güler Aras, Diogenis Baboukardos, Joanna Krasodomska, Christian Nielsen and Frank Schiemann (Eds.), Research Handbook on Sustainability Reporting, 345-358. Cheltenham: Edward Elgar. (with A. Ghio, J. Senn, S. Giordano-Spring)

Farjoun, Moshe (2024). “Interlocking Surprises, Their Nature, Implications and Potential Responses.” In Jean-Christophe Le Coze, Benoît Journé (Eds.), Compliance and Initiative in the Production of Safety: A Systems Perspective on Managing Tensions and Building Complementarity, 61-71. Switzerland: Springer Nature.

Fischer, Eileen (2024). “Building Marketing Theory Using Archival Data: Understanding Alternative Approaches.” In R. Belk and C. Otnes (Eds.), Handbook of Qualitative Research, 309-319. Cheltenham: Edward Elgar. (with M.A. Parmentier)

Fischer, Eileen (2024). “Reflections on Template Creep and Replicability Concerns in Contemporary Qualitative Research.” In R. Belk and C. Otnes (Eds.), Handbook of Qualitative Research, 69-78. Cheltenham: Edward Elgar. (with P.Y. Dolbec)

Graham, Cameron (2024). “Economic Rents at the End of Life: For-Profit Eldercare and the Myth of Corporate Accountability.” In Hendrik Vollmer (Ed.), Handbook of Accounting in Society, 415-428. United Kingdom: Edward Elgar. (with D. Himick and P.-L. Nappert)

Graham, Cameron (2024). “Preparing the Future: The Roles of Accounting in Public and Private Pensions.” In Hendrik Vollmer (Ed.), Handbook of Accounting in Society, 141-154. United Kingdom: Edward Elgar.

Kipping, Matthias (Forthcoming). “Beyond Expectations: Consultants as the ModernDay Oracle.” In Ingo Köhler, Laetitia Lenel, Alexander Nützenadel and Jochen Streb (Eds.), The Routledge Handbook of Economic Expectations in Historical Perspective. London: Routledge. (with Sebastian Schöttler)

Lyons, Brent (2024). “Overcoming Biases Across the Human Resource Management Lifecycle for Individuals with a Criminal Record.” In N.C.J. Young & J.N. Griffith (Eds.), Employing our Returning Citizens: An Employer-Centric View, 123-158. United Kingdom: Palgrave MacMillan. (with S.D. Volpone, F.G. Macoukji and R. Ragaglia)

McMillan, Charles (Forthcoming). “Docility, Collaborative Learning, and Continuous Innovation: A Case Study of Celebrity Chefs.” In Cătălina Radu (Ed.), Contemporary Perspectives on Organizational Behaviour [Working Title]. IntechOpen.

Prisman, Eliezer (Forthcoming).

“Real Estate Transactions in Ancient Israel: Excavating Embedded Options Utilizing Modern Finance & Comparing it to Ontario Property & Contract Law.” In G. Epstein and E. Katz (Eds.), Jewish Law, Lore, and Economics: Essays in Memory of Jacob Rosenberg (Provisional title). Israel: Bar-Ilan University Press. (with M. Huberman)

Shen, Winny (2024). “Culture and WorkFamily Dynamics.” In M. Gelfand and M. Erez (Eds.), Oxford Handbook on Culture and Organizations, 537-560. Oxford: Oxford University Press. (with K.S. Shockley)

Thorne, Linda (2025). “The Development of Behavioral Measures of Accounting Constructs.” In Theresa Libby and Linda Thorne (Eds.), The Routledge Companion to Behavioral Accounting Research (2nd Ed.), 113-124. London: Routledge.

Yeomans, Julian S. (2024). “Epilogue.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 355-356. London: Routledge. (with M. Kozlov)

Yeomans, Julian S. (2024). “New Level of Personal Decision-Making: Day-To-Day Choices with SimDec.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 331-354. London: Routledge. (with A. Sidorenko, D. Moshkivska and M. Kozlova)

Yeomans, Julian S. (2024). “Sensitivity Analysis of a Superconducting Magnet Design Model.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 283-328. London: Routledge. (with M. Garcia Perez, M. Kozlova, S. Izquierdo Bermudez and J. Carlos Perez)

Yeomans, Julian S. (2024). “Capturing Multi-Dimensional Nonlinear Behaviour of a Steel Structure Reliability Model-Global Sensitivity Analysis.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 257-282. London: Routledge. (with A. Ahola and M. Kozlova)

Yeomans, Julian S. (2024). “Upgrading the Toolbox of Techno-Economic Assessment with Simdec: Power-To-X Case.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 228-254. London: Routledge. (with H. Karjunen, S-K. Kinnunen, A. Laari, A. Tervonen, P. Laaksonen and M. Kozlova)

Yeomans, Julian S. (2024). “Uncertainty Considerations in Life Cycle Assessment of COVID-19 Masks: Single-Use Versus Reusable.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 165-191. London: Routledge. (with N. Vinitskaia, A. Zaikova and M. Kozlova)

Yeomans, Julian S. (2024). “Where Should We Go? Deep Tech Market Entry Decisions Through the Lens of Uncertainty.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 142-162. London: Routledge. (with A. Myers and M. Kozlova)

Yeomans, Julian S. (2024). “Printing homes: Unit Cost Estimation for Additive Manufacturing in Construction.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 116-141. London: Routledge. (with A. Walzer and M. Kozlova)

Yeomans, Julian S. (2024). “Unpacking the Role of Contextual Factors in Public Support for Mitigating Revenue Risk in Public–Private Partnership Projects.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 93-115. London: Routledge. (with R. Pellegrino, M. Kozlova and L. Brandao)

Yeomans, Julian S. (2024). “Unlocking Actionability in Financial Modelling with Simulation Decomposition.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 77-92. London: Routledge. (with R. Stepanov and M. Kozlova)

Yeomans, Julian S. (2024). “Overview of Applications.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 60-74. London: Routledge. (with M. Kozlova)

Yeomans, Julian S. (2024). “SimDec Algorithm and Guidelines for its Usage and Interpretation.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 27-59. London: Routledge. (with M. Kozlova, R.J. Moss, P. Roy and A. Alam)

Yeomans, Julian S. (2024). “Methodological Landscape of Sensitivity Analysis and the Place of SimDec.” In Mariia Kozlova and Julian Scott Yeomans (Eds.), Sensitivity Analysis for Business, Technology and Policymaking Made Easy with Simulation Decomposition (SimDec), 3-26. London: Routledge. (with M. Kozlova and S. Lo Piano)

Journal Articles

One of the features that makes a school of business perform at a consistently high level is the quality of its research. Scholars at Schulich have transformed the way management educators understand core issues in many areas and are publishing in prestigious journals.

Aulakh, Preet. S. (2024), “Exploratory Search and International Performance: When Do Local Alliances Matter?,” Journal of International Marketing, 32(4), 1-20. (with M. Abdi and Z. Ma) https://doi.org/10.1177/1069031X231216409

Auster, Ellen R. (Forthcoming), “How to Cultivate Braver Conversations,” Rotman Magazine. (with A. Atkins)

Bae, Kee Hong (2025), “The Effect of Board Reforms on CEO Compensation: Evidence from a Comparison between Public and Private Firms,” Review of Corporate Finance, 5(1-2), 21-60. (with J. Kang and A. Tsang) http://dx.doi.org/10.1561/114.00000070

Bae, Kee Hong (2024), “Restricting CEO Pay Backfires: Evidence from China,” Journal of Business Finance & Accounting, 51, 1015-1045. (with Z. Gong and W. Tong) https://doi.org/10.1111/jbfa.12741

Bae, Kee Hong (2024), “Proprietary Information and the Choice Between Public and Private Debt,” Accounting and Finance, 64(2), 1693-1721. (with W. Tan, Y. Dai and W. Wang) https://doi.org/10.1111/acfi.13197

Bae, Kee Hong (2024), “In the CEO We Trust: Negative Effects of Trust Between the Board and the CEO,” Journal of Financial and Quantitative Analysis, 59(6), 2899-2932. (with S. El Ghoul, Z. Gong and O. Guedhami) https://doi.org/10.1017/ S0022109023000790 *

Bamber, Matthew (2025), “Guest Editorial: Shining a Light on the Invisible Work: The Both- and Many-Sidedness of Conducting (Ethnographic) Research,” Qualitative Research in Accounting & Management, 22(1), 1-9. (with M. Tekathen) https://doi.org/10.1108/QRAM-012025-252

Bamber, Matthew (2024), “What are the ‘Most Influential People in Accounting’ Saying About the ‘Most Important Issues Currently Facing the Accounting Profession’?,” Accounting and Management Review | Revista de Contabilidade e Gestão, 28(1), 13-46. https://doi.org/10.55486/ amrrcg.v28i1.1

Bamber, Matthew (2024), “Across the Faultlines: A Multi-Dimensional Index to Measure and Assess Board Diversity,” International Review of Financial Analysis, 93, 103231. (with T. Elshan and H. Omara) https://doi.org/10.1016/j.irfa.2024.103231

Bamber, Matthew (2024), “Denunciation and Resistance in Post-Crisis Sensemaking,” Critical Perspectives on Accounting, 99, 102720. (with J. Kurpierz and A. Popa) https://doi.org/10.1016/j.cpa.2024.102720

Bamber, Matthew (2024), “Breaking the Inequality Reproduction Circle in the NHS: The Importance of Senior Management Team’s Actions (SMTA),” Employee Relations, 46(4), 817-832. (with W. Wang and R. Seifert) https://doi.org/10.1108/ ER-09-2023-0470

Bamber, Matthew (2024), “Introduction to the Special Issue of Qualitative Research in Accounting,” Accounting Perspectives, 23(2), 139-146. (with P. Lassou) https://doi.org/10.1111/1911-3838.12368

Bamber, Matthew (In Press), “Can We Explain Managerial Non-Answers During Conference Call Q&As?,” Contemporary Accounting Research. (with P.L. Nappert) https://doi.org/10.1111/1911-3846.13030 *

Belk, Russell (2025), “Can You See Me Now? Toward a Theory of Sensory Flamboyance and Subtlety in Consumption,” Consumer Needs and Solutions , 12, 3. (with T. Ghoshal) https://doi.org/10.1007/s40547-02500154-9

Belk, Russell (2025), “Turning Private Possessions into Assets: A Calculative-Based Approach to Platform Versus Proximity Rentals,” Journal of Business Research, 193, 115353. (with D. Roux) https://doi.org/ 10.1016/j.jbusres.2025.115353

Belk, Russell (2025), “Breaking Barriers: How Creativity Drives Research,” Brazillian Administrative Review, 22(1), e250035. (with R.A. Barboza) https://doi.org/10.1590/18077692bar2025250035

Belk, Russell (2025), “Exploring Avatar Selves in the Metaverse: Consumer Co-Creation of Experiences,” Journal of Consumer Behaviour, 24(2), 694-716. (with A. Chakraborty and V. Jain) https://doi.org/10.1002/cb.2440

Belk, Russell (2025), “Value Outcomes in Airbnb as a Chronotopic Service,” International Journal of Research in Marketing, 42(1), 55-73. (with M. Makkar and S. Appau) https://doi.org/10.1016/ j.ijresmar.2024.05.008

Belk, Russell (2025), “Religion in Neoliberal Times: The Global Spread of Marketization, Implications for Religion, and Future Research Directions,” Marketing Theory, 25(1), 57-76. (with E. Izberk-Bilgin) https://doi.org/10.1177/14705931241261000

Belk, Russell (2025), “The Role of Augmented Reality Experiences in Consumers’ Purchase Intention Towards New Products,” Journal of Consumer Behaviour, 24(2), 799-819. (with A. Ambika, V. Jain, D. Kasilingam and R. Krishna) https://doi.org/10.1002/cb.2435

Belk, Russell (2024), “The Dark Side of Artificial Intelligence in Services,” Service Industries Journal, 44(3-4), 149-172. (with C. Flavian, D. Belanche and L. Ariño) https://doi.org/10.1080/02642069. 2024.2305451

* Articles that appear in the list of Financial Times of London, “Top 50 Academic and Practitioner Journals in Business”.

Belk, Russell (2024), “Is That JPEG Worth 70 Million Dollars? Value Creation and Perceptions of Non-Fungible Tokens in a Bubble Economy,” Journal of Marketing Management, 40(17-18), 1602-1633. (with Y. Chandra) https://doi.org/10.1080/ 0267257X.2024.2425691

Belk, Russell (2024), “Automated Social Presence in AI: Avoiding Consumer Psychological Tensions to Improve Service Value,” Journal of Business Research, 175, 114545. (with D. Belanche, L. Casaló and C. Flavian) https://doi.org/10.1016/ j.jbusres.2024.114545

Belk, Russell (2024), “How to Make a Collaborative Videography Using Phygital Affordances to Study Sensitive Topics,” Qualitative Market Research, 27(3), 413-432. (with L. Cavusoglu) https://doi.org/10.1108/ QMR-06-2023-0075

Belk, Russell (2024), “Apples, Oranges, and Self,” Journal of Marketing Management, 40(7-8), 569-578. https://doi.org/10.1080/ 0267257X.2024.2346016

Belk, Russell (2024), “Money You Could Touch: Cash and Psychological Ownership,” Qualitative Market Research, 27(5), 820-840. (with J. Khan) https://doi.org/10.1108/ QMR-04-2023-0049

Belk, Russell (2024), “The Digital Frontier as a Liminal Space,” Journal of Consumer Psychology, 34(1), 167-173. https://doi.org/10.1002/jcpy.1357 *

Belk, Russell (2024), “Postcolonial Consumer Respect and the Framing of Neocolonial Consumption in Advertising,” Journal of Consumer Research, 51 (2), 362-382. (with R. Varman and H. Kumar) https://doi.org/10.1093/jcr/ucad063 *

Belk, Russell (2024), “Imagined Nation: The American Stamp,” Book Review, Journal of Anthropological Research, 1-2.

Belk, Russell (Forthcoming), “‘Yours and Mine’ versus ‘Ours’ Alternative Claims to Property Ownership,” Journal of Consumer Culture

Belk, Russell (Forthcoming), “Redemptive Materialism: Consumption Practices in Contemporary African Pentecostalism,” Consumption and Society. (with S.K. Bonsu)

Belk, Russell (Forthcoming), “The Revolution is Here: Thinking Through Health Technology Capabilization,” Recherche et Applications en Marketing (with J. Takhar, A. Schneider-Kamp and V. Lima)

Belk, Russell (Forthcoming), “Get Fit or Die Trying: Spiritual and Religious Meanings of Gym Consumption Experience,” Journal of Consumer Psychology. *

Belk, Russell (Forthcoming), “Scarcity and its Discontents,” Journal of the Academy of Marketing Science. (with G. Das and S. Jain) *

Belk, Russell (Forthcoming), “End-of-Life and Beyond,” Recherche et Applications en Marketing

Belk, Russell (Forthcoming), “Original Consumer Research versus Theory Enabled Research,” Marketing Theory. (with R. Canniford, P-Y. Dolbec and E. Fischer)

Belk, Russell (Forthcoming), “Qualitative Research: Going Beyond Description,” Psychology and Marketing (with R. Varman and D. Bajde)

Bell, Chris (2025), “Economic Growth Target Setting Under Environmental Constraints: A Spatial Autoregressive Model Analysis of Chinese Prefectures,” Journal of Environmental Management, 376, 124473. (with B. Chen and Y. Zhang) https://doi.org/10.1016/j.jenvman. 2025.124473

Cao, Melanie (Forthcoming), “Capital Reallocation and Firm-Level Productivity Under Political Uncertainty,” Quarterly Review of Finance. (with D. Tut) http://dx.doi.org/10.2139/ssrn.3875672

Cho, Charles H. (2025), “When ‘Places’ Educate: Hacking Accounting Education Through Spaces,” Accounting Forum, 49(1), 1-19. (with D. Derichs, N. McGuigan, J. Ballantine, A. Ghio, L. Gorman, … C. de Araujo Wanderley) https://doi.org/ 10.1080/01559982.2024.2440968

Cho, Charles H. (2024), “Corporate Social Responsibility Disclosure: A Topic-Based Approach,” Accounting and Business Research, 54(1), 87-124. (with K. Hummel, S. Mittelbach-Hörmanseder and D. Matten) https://doi.org/10.1080/00014788. 2022.2071199

Cho, Charles H. (2024), “Not All Bad News is Harmful to a Good Reputation: Evidence from the Most Visible Companies in the US,” Journal of Management and Governance, 28, 9-36. (with M. Fabrizi, S. Pilonato and F. Ricceri) https://doi.org/10.1007/ s10997-022-09645-6

Cho, Charles H. (2024), “Sustainability Accounting Education: Challenges and Outlook,” International Journal of Sustainability in Higher Education, 25(7), 1412-1425. (with E. Costa) https://doi.org/ 10.1108/IJSHE-02-2024-0152

Cho, Charles H. (2024), “Environmental Disclosure and the Cost of Capital: Evidence from the Fukushima Nuclear Disaster,” European Accounting Review, 33(5), 1693-1721. (with P. Bonetti and G. Michelon) https://doi.org/10.1080/ 09638180.2023.2203410

Cho, Charles H. (In Press), “Examining stakeholder reactions to corporate social irresponsibility: Evidence from social media,” European Management Journal (with E. Zarzycka, C. She, D. Dobija, J. Krasodomska and J. Bothello) https://doi.org/10.1016/j.emj.2024.11.001

Cook, Wade (2024), “Semi-Additive Integer-Valued Production Technology for Analyzing Public Hospitals in Mashhad,” Asia-Pacific Journal of Operational Research, 41(6), 2450004. (with M. Ghiyasi) https://doi.org/10.1142/S0217595924500040

Coutts, Alexander (2024), “What to Blame? Self-Serving Attribution Bias with MultiDimensional Uncertainty,” The Economic Journal, 134 (661), 1835-1874. (with Z. Murad and L. Gerhards) https://doi.org/10.1093/ ej/ueae005

Coutts, Alexander (2024), “The Age of Consequences: Unraveling Conflict’s Impact on Social Preferences, Norm Enforcement and Risk-Taking,” Journal of Economic Behavior & Organization, 218, 48-67. https://doi.org/10.1016/j.jebo.2023.11.027

Darke, Peter R. (2024), “Getting Political: The Value-Protective Effects of Expressed Outgroup Outrage on Self-Brand Connection,” Journal of Consumer Psychology, 34(3), 385-405. (with M.S. Kermani and T. Noseworthy) https://doi.org/10.1002/ jcpy.1364 *

* Articles that appear in the list of Financial Times of London, “Top 50 Academic and Practitioner Journals in Business”.

Darke, Peter R. (Forthcoming), “Promoting Crowdsourced New Products: Competing Co-Contributor Attractiveness, Similarity, and Persuasion Knowledge Processes,” Journal of Product Innovation Management. (with F. Cambier and I. Poncin) https://doi.org/10.1111/jpim.12780

Devine, Avis (2024), “Assessing the Environmental Performance of Green Mortgage-Backed Securities,” Journal of Regional Science, 64(4), 1122-1153. (with M. Collum) https://doi.org/10.1111/ jors.12718

Devine, Avis (2024), “How Gender Diversity Shapes Cities: Evidence from Risk Management Decisions in REITs,” Journal of Business Ethics, 189, 723-741. (with I. Jolin, N. Kok and E. Yönder) https://doi.org/10.1007/s10551-02305563-1 *

Devine, Avis (2024), “Sustainability and Private Equity Real Estate Returns,” The Journal of Real Estate Finance and Economics, 68, 161-187. (with A. Sanderford and C. Wang) https://doi.org/10.1007/ s11146-022-09914-z

Dhingra, Vibhuti (Forthcoming), “Project Networks and Reallocation Externalities,” Management Science (with H. Krishnan and J. Serpa) https://doi.org/10.1287/mnsc.2022.01574 *

Diamant, Adam (2025), “Optimal Capacity Planning for Cloud Service Providers with Periodic, Time-Varying Demand,” European Journal of Operational Research, 322(1), 133-146. (with E. Furman) https://doi.org/ 10.1016/j.ejor.2024.11.017

Diamant, Adam (2025), “Learning to Optimize Contextually Constrained Problems for Real-Time Decision Generation,” Management Science, 71(2), 1165-1186. (with T. Chan, R. Mahmood and A. Babier) https://doi.org/10.1287/ mnsc.2020.03565 *

Diamant, Adam (2024), “Introducing Prescriptive and Predictive Analytics to MBA Students with Microsoft Excel,” INFORMS Transactions on Education, 24(2), 152-174. https://doi.org/10.1287/ited.2023.0286

Dong, Ming (2024), “Does Social Interaction Spread Fear Among Institutional Investors? Evidence from Coronavirus Disease 2019,” Management Science, 70(4), 2406-2426. (with X. Zhou and S-Y. Au) https://doi.org/ 10.1287/mnsc.2023.4814 *

Dong, Ming (2024), “How Much Does Workplace Sexual Harassment Hurt Firm Value?” Journal of Business Ethics, 190, 861-883. (with S-Y. Au and A. Tremblay) https://doi.org/10.1007/s10551-02305335-x *

Everett, Jeffrey (2025), “Indigenous Peoples, Environmental Accountability and the Semantic Meaning of Resource Extraction Firm Disclosures,” Accounting, Auditing & Accountability Journal, 38(5), 1375-1404. (with M. Liu, K. Taylor-Neu, G.D. Saxton, D. Neu and A.S. Rahaman) https://www.sciencedirect.com/ org/science/article/abs/pii/ S0951357425000047

Everett, Jeffrey (2024), “Auditing for Fraud and Corruption: A Public-InterestBased Definition and Analysis,” The British Accounting Review, 56(2), 101355. (with L. Ianni, A. D’Andreamatteo and M. Sargiacomo) https://doi.org/ 10.1016/j.bar.2024.101355

Everett, Jeffrey (2024), “Accounting Artifacts and the Reformation of a National Healthcare System,” Critical Perspectives on Accounting, 99, 102719. (with A.S. Rahaman and D. Neu) https://doi.org/10.1016/ j.cpa.2024.102719

Everett, Jeffrey (2024), “Patriarchy, Capitalism, and Accounting: A Herstory,” Critical Perspectives on Accounting, 99, 102733. (with S.P. de Castro Casa Nova and C. Gilbert) https://doi.org/10.1016/ j.cpa.2024.102733

Everett, Jeffrey (2024), “Letters to the Editor, Institutional Experimentation, and the Public Accounting Professional,” Critical Perspectives on Accounting, 99, 102725. (with A.S. Rahaman, D. Neu and G.D. Saxton) https://doi.org/10.1016/ j.cpa.2024.102725

Farjoun, Moshe (2024), “On Habit and Organizing: A Transactional Perspective Relating Firms, Consumers, and Social Institutions,” Organization Science, 35(3), 1157-1176. (with N. Mahmood) https://doi.org/10.1287/orsc.2021.15803 *

Fischer, Eileen (2025), “It’s a Tough Job, but Somebody’s Got to Do It”: Committed Consumers’ Voluntary Emotion Work in Alternative Market Systems,” Journal of Consumer Psychology. (with K. Bentsen and P.E. Pedersen) https://doi.org/10.1002/ jcpy.1454 *

Fischer, Eileen (2024), “Restless Platformance: How Prosumer Practices Change Platform Markets,” Marketing Theory, 24(1), 45-63. (with D. Scaraboto) https://doi.org/10.1177/14705931231195188

Fischer, Eileen (2024), “Claiming Market Ownership: Territorial Activism in Stigmatized Markets,” Journal of Business Research, 175, 114574. (with O. Sandikci and A. Jafari) https://doi.org/10.1016/ j.jbusres.2024.114574

Fischer, Eileen (Forthcoming), “Original Consumer Research Versus Theory Enabled Research,” Marketing Theory (with R. Canniford, P-Y. Dolbec and R. Belk)

Foroughi, Pouyan (2024), “Mutual Fund Pollution Experience and Environmental Voting,” Journal of Banking & Finance, 162, 107149. (with A. Marcus and V. Nguyen) https://doi.org/10.1016/j.jbankfin. 2024.107149

Foroughi, Pouyan (2024), “Illuminating the Murk: The Effect of Business Complexity on Voluntary Disclosure,” Journal of Corporate Finance, 87, 102612. (with H. Hamisheh Bahar, L. Ng and A. Farzamfar) https://doi.org/10.1016/ j.jcorpfin.2024.102612

Giesler, Markus (2024), “Midrange, Differential, Meaningful, and Multidisciplinary: Reflections on JCR’s Epistemic Culture,” Journal of Consumer Research, 51 (1), 204-209. https://doi.org/10.1093/jcr/ucae016 *

Graham, Cameron (2024), “The Dissipation of Corporate Accountability: Deaths of the Elderly in For-Profit Care Homes During the Coronavirus Pandemic,” Critical Perspectives on Accounting, 99, 102595. (with D. Himick and P-L. Nappert) https://doi.org/10.1016/ j.cpa.2023.102595

Hartman, Lorne (2024), “An Ethical Advantage of Autistic Employees in the Workplace,” Frontiers in Psychology, 15, 1364691. (with B. Hartman) https://doi.org/ 10.3389/fpsyg.2024.1364691

Henriques, Irene (2025), “Connectedness and Systemic Risk Between FinTech and Traditional Financial Stocks: Implications for Portfolio Diversification,” Research in International Business and Finance, 73, Part A, 102629. (with P. Sadorsky) https://doi.org/10.1016/ j.ribaf.2024.102629

Henriques, Irene (2025), “Exploring Public Health Research for Corporate Health Policy: Insights for Business and Society Scholars,” Business & Society, 64(4), 641-674. (with B.W. Husted and L.R. Rojas-Cruz) https://doi.org/10.1177/ 00076503241235310

Henriques, Irene (2024), “Introduction to the Special Issue on the Role of Place in Sustainability: Key Trends and Agenda for Future Research,” Organization & Environment, 37(3), 363-375. (with A. Kourula, P. Georgallis and J. Mair) https://doi.org/10.1177/ 10860266241283157

Henriques, Irene (2024), “Hashing out Hashtags: Empty Signifiers Offer Empty Promises of Greater Stakeholder Influence in the Digital Age,” Academy of Management Perspectives, 38(3), 426-433. (with B. Husted and M. Barnett) https://doi.org/10.5465/amp.2023.0508

Henriques, Irene (2024), “Do Clean Energy Stocks Diversify the Risk of FinTech Stocks? Connectedness and Portfolio Implications,” Global Finance Journal, 62, 101019. (with P. Sadorsky) https://doi.org/10.1016/ j.gfj.2024.101019

Henriques, Irene (2024), “The Paradigm Shift: Business Associations Shaping the Discourse on System Change,” Business and Society Review, 129(2), 155-167. (with S. Waddock, M. Linnenluecke, N. Poggioli and S. Böhm) https://doi.org/ 10.1111/basr.12359

Henriques, Irene (2024), “Transforming Indigenous Procurement: Empowerment, Challenges, and the Road Ahead,” Journal of Aboriginal Economic Development, 14(1), 2-15. (with A.M. Peredo, R. Colbourne, R. Wanuch and R. Anderson) https://doi.org/10.29173/jaed9

Henriques, Irene (2024), “Time and Frequency Dynamics between NFT Coins and Economic Uncertainty,” Financial Innovation, 10,35. (with P. Sadorsky) https://doi.org/10.1186/s40854-02300565-4

Henriques, Irene (2024), “Moving Beyond “the” Business Case: How to Make Corporate Sustainability Work,” Business Strategy and the Environment, 33(2), 776-787. (with T. Busch, M.L. Barnett, R.L. Burritt, B.W. Cashore, R.E. Freeman, B.W. Husted, R. Panwar, J. Pinkse, S. Schaltegger and J. York) https://doi.org/10.1002/bse.3514

Henriques, Irene (2024), “Indigenous Entrepreneurship? Setting the Record Straight,” Business History, 66(2), 455-477. (with R. Colbourne and A.M. Peredo) https://doi.org/10.1080/ 00076791.2023.2166034

Hideg, Ivona (2025), “Leading Through the Uncertainty of COVID-19: The Joint Influence of Leader Emotions and Gender on Abusive and Family-Supportive Supervisory Behaviors,” Journal of Occupational and Organizational Psychology, 98(1), e12439. (with W. Shen and T. Hentschel) https://doi.org/ 10.1111/joop.12439

Hideg, Ivona (2024), “Agency Penalties From Taking Parental Leave for Women in Men-Dominated Occupations: Archival and Experimental Evidence,” Sex Roles, 90, 1326-1345. (with A. Krstić, R. Trau, Y. Zhan and T. Zarina) https://doi.org/10.1007/ s11199-024-01517-7

Hideg, Ivona (2024), “Hear, Hear! A Review of Accent Discrimination at Work,” Current Opinion in Psychology, 60, 101906. (with W. Shen and C.Z. Koval) https://doi.org/10.1016/j.copsyc.2024. 101906

Hideg, Ivona (2024), “Benevolent Sexism and the Gender Gap in Startup Evaluation,” Entrepreneurship Theory and Practice, 48(2), 506-546. (with N. Nguyen, Y. Engel and F. Godart) https://doi.org/10.1177/ 10422587231178865 *

Hideg, Ivona (2024), “Diversity Climate Affords Unequal Protection Against Incivility Among Asian Workers: The COVID-19 Pandemic as a Racial Mega-Threat,” Applied Psychology: An International Review, 73(1), 34-56. (with W. Shen, J.Y. Lam, C.T. Varty and A. Krstic) https://doi.org/10.1111/ apps.12462

* Articles that appear in the list of Financial Times of London, “Top 50 Academic and Practitioner Journals in Business”.

Hsu, Sylvia H. (2025), “Associations Between Patient Characteristics and Progression to Multiple Myeloma Among Patients With Monoclonal Gammopathy of Undetermined Significance: A Systematic Review,” Clinical Lymphoma Myeloma and Leukemia, 25(4), e222-e231. (with Y. Li, R. Wang, P. Theprungsirikul, N. Neparidze, S.H. Chang and S.Y. Wang) https://doi.org/ 10.1016/j.clml.2024.12.006

Imanirad, Raha (2024), “Assessing Airline Efficiency With a Network DEA Model: A Z-Number Approach With Shared Resources, Undesirable Outputs, and Negative Data,” Socio-Economic Planning Sciences, 96, 102080. (with Z. Yang and H. Omrani) https://doi.org/10.1016/ j.seps.2024.102080

Imanirad, Raha (2024), “Estimating and Predicting the Human Development Index with Uncertain Data: A Common Weight Fuzzy Benefit-of-the-Doubt Machine Learning Approach,” Annals of Operations Research, 1-39. (with H. Omrani and Z. Yang) https://doi.org/10.1007/s10479-02406099-x

Joshi, Ashwin (2025), “How and When Incentives and Collaboration Are Effective in Fostering Supplier Component Innovation: Insights From Social Exchange Theory,” Journal of Business Research, 189, 115131. https://doi.org/10.1016/ j.jbusres.2024.115131

Joshi, Ashwin (In Press), “Effects of Supplier Customer Orientation on Buyer Loyalty: A Contingent Process Model Based on Self-Determination Theory,” Journal of Relationship Marketing, 1-41. https://doi.org/ 10.1080/15332667.2025.2462882

Kamstra, Mark J. (2024), “Reproducibility in Management Science,” Management Science, 70(3), 1343-1356. (with M. Fišar, B. Greiner, C. Huber, E. Katok, A. Ozkes and the Management Science Reproducibility Collaboration) Note: Member of the Management Science Reproducibility Collaboration https://doi.org/10.1287/ mnsc.2023.03556 *

Kamstra, Mark J. (2024), “Behavior of Canadian Life Annuity Prices,” Journal of Pension Economics and Finance, 23(2), 202-223. (with Narat Charupat) https://doi.org/10.1017/ S1474747223000100

Kamstra, Mark J. (2024), “Testing and Ranking of Asset Pricing Models Using the GRS Statistic,” Journal of Risk and Financial Management, 17(4), 168. (with R. Shi) https://doi.org/10.3390/jrfm17040168

Kanagaretnam, Kiridaran (2025), “Ambiguity of Tone in Annual Reports and Bank Risk Taking,” Accounting & Finance, 65(1), 935-970. (with W. Li, G. Shi and Z. Zhou) https://doi.org/10.1111/acfi.13353

Kanagaretnam, Kiridaran (2025), “Digital Inclusion and Financial Inclusion: Evidence from Peer-to-Peer Lending,” Journal of Business Ethics , 196, 345-380. (with X. Jia) https://doi.org/10.1007/ s10551-024-05689-w *

Kanagaretnam, Kiridaran (2024), “Climate Disasters and Analysts’ Earnings Forecasts: Evidence from the United States,” European Accounting Review, 1-28. (with L. Zhang) https://doi.org/10.1080/ 09638180.2024.2364785

Kanagaretnam, Kiridaran (2024), “Expansionary Monetary Policy and Bank Loan Loss Provisioning,” Journal of Risk and Financial Management, 17(1), 8. (with M. Guo, X. Jia, J. Jin and G. Lobo) https://doi.org/10.3390/jrfm17010008

Kanagaretnam, Kiridaran (2024), “Institutions and Corporate Tax Evasion: A Review of Literature and a Methodological Exploration,” Journal of International Accounting Research, 23 (1), 115-137. (with J. Lee, C.Y. Lim and G.J. Lob) https://doi.org/10.2308/JIAR-2021-082

Kanagaretnam, Kiridaran (2024), “Climate Change Social Norms and Corporate Cash Holdings,” Journal of Business Ethics, 190, 661-683. (with L. Zhang and J. Gao) https://doi.org/10.1007/ s10551-023-05440-x *

Kanagaretnam, Kiridaran (2024), “Financial Literacy and IPO Underpricing,” Journal of Financial and Quantitative Analysis, 59(3), 1430-1469. (with X. Jia, C.Y. Lim and G.J. Lobo) https://doi.org/ 10.1017/S0022109023000315 *

Kanagaretnam, Kiridaran (2024), “Does Disaster Risk Relate to Loan Loss Provisions?,” European Accounting Review, 33(3), 825-854. (with L. Dal Maso, G.J. Lobo and F. Mazzi) https://doi.org/10.1080/ 09638180.2022.2120513

Kim, Henry M. (2024), “Can Stablecoins Actually Improve Financial Inclusion: Exploring the IT Affordances of TokenBased Digital Currencies,” 57th Hawaii International Conference on Systems Science, 7049-7057. https://dx.doi.org/ 10.2139/ssrn.4412527

Kim, Henry M. (Forthcoming), “Do Companies Make the World Better? Effect of Blockchain Adoption on a Firm’s Environmental and Social Performance,” Journal of Information Systems. (with A. Jeong and J. Lim)

Kipping, Matthias (2024), “Failed Professionalization and Management Consultancy’s Image Problem - a UK Perspective,” Management Consulting Journal, 7(2) 85-93. (with D. Muzio, I. Kirkpatrick and B. Hinings) https://doi.org/10.2478/mcj-2024-0010

Kistruck, Geoffrey (2024), “Exploring the Relative Efficacy of ‘Within-Logic Contrasting’ and ‘Cross-Logic Analogizing’ Framing Tactics for Adopting New Entrepreneurial Practices in Contexts of Poverty,” Journal of Business Venturing, 39(1), 106341. (with C. Zietsma, L. Cruz and A. Shantz) https://doi.org/10.1016/ j.jbusvent.2023.106341 *

Larkin, Yelena (2025), “Short-Term Institutional Investors and the Diffusion of Supply Chain Information,” Journal of Empirical Finance, 81,101581. (with R. Duan) https://doi.org/10.1016/j.jempfin.2025. 101581

Larkin, Yelena (2024), “Do Insiders Hire CEOs with High Managerial Talent?,” Review of Finance, 28(1), 271-310. (with J.D. Kotter) https://doi.org/10.1093/rof/rfad016 *

Larkin, Yelena (Forthcoming) “Counterproductive Sustainability Research,” Business and Economics Journal

Lévesque, Moren (2024), “On Why Women-Owned Businesses Take More Time to Secure Microloans,” Small Business Economics, 63, 917-938. (with G. Calic and A. Shevchenko) https://doi.org/10.1007/ s11187-023-00851-6

Lévesque, Moren (2024), “Dynamics of Founding Team Diversity and Venture Outcomes: A Simulation Approach,” Strategic Entrepreneurship Journal, 18(3), 502-552. (with V. Sundriyal, K. Wennberg and A. Norgren) https://doi.org/10.1002/ sej.1510 *

* Articles that appear in the list of Financial Times of London, “Top 50 Academic and Practitioner Journals in Business”.

Lévesque, Moren (2024), “The Interdependent Influence of Lobbying and Intellectual Capital on New Drug Development,” Research Policy, 53 (2). 104938. (with V. Vrande, A. Subramanian and P. Klopf) https://doi.org/10.1016/ j.respol.2023.104938 *

Lévesque, Moren (Forthcoming), “It’s Time to Break Up: Dynamics Surrounding Young-Established Firm Alliance Duration,” Production and Operations Management (with N. Asgari, A. Subramanian and P.-H. Soh) https://doi.org/10.1177/ 10591478241279551 *

Lévesque, Moren (Forthcoming), “Entrepreneurship Across the Lifespan: Unpacking the Age-Entrepreneurship Relationship,” Journal of Business Venturing (with T. Kautonen, U. Stephan and R. Bakker)

Lévesque, Moren (Forthcoming), “Artificial Intelligence and Entrepreneurship: A Call for Research to Prospect and Establish the Scholarly AI Frontiers,” Entrepreneurship Theory and Practice (with M. Obschonka, D.A. Grégoire, B. Nikolaev, F. Ooms, J.M. Pollack and T.S. Behrend) https://doi.org/10.1177/ 10422587241304676 *

Lévesque, Moren (Forthcoming), “New Venture Creation: Modelling Uncertainty and the role of Proprietary Resources,” Small Business Economics (with S. Estrin, A.M. Herrmann, T. Mickiewicz and M. Sanders)

Lévesque, Moren (Forthcoming), “Mapping the Landscape of Hybrid Entrepreneurship and Understanding Its Implications for Entrepreneurship Research,” Entrepreneurship Theory & Practice. (with T.B. Folta, M. Schulz, C. Schwens and K. Wennberg) *

Lyons, Brent (2024), “Challenging Organizational Research Theory and Findings: A Commentary on the Neglected Focus on Vulnerable Workers,” Journal of Vocational Behavior, 152, 104010. (with S. Restubog, P. Schilpzan, Y. He and C. Deen) https://doi.org/10.1016/j. jvb.2024.104010

Lyons, Brent (In Press), “Beyond Backlash: Advancing Dominant-Group Employees” Learning, Allyship and Growth Through Social Identity Threat,” Academy of Management Review. (with C. Bryan) https://doi.org/10.5465/amr.2021.0521 *

Lyons, Brent (In Press), “Disability Severity, Professional Isolation Perceptions, and Career Outcomes: When Does LeaderMember Exchange Quality Matter?,” Journal of Management, 0(0). (with D.C. Baldridge, L-Q. Yang and C. Bryan) https://doi.org/ 10.1177/01492063221143714 *

Majzoubi, Majid (2025), “The Double-Edged Sword of Exemplar Similarity,” Organization Science, 36(1), 121-144. (with E. Zhao, T. Zuzul and G. Fisher) https://doi.org/ 10.1287/orsc.2022.16855 *

Matten, Dirk (2024), “Corporate Social Responsibility Disclosure: A Topic-Based Approach,” Accounting and Business Research, 54(1), 87-124. (with K. Hummel, S. Mittelbach-Hörmanseder and C. Cho) https://doi.org/10.1080/00014788. 2022.2071199

Matten, Dirk (2024), “Business Groups in Emerging Economies and the Public Good,” Research Features, 152, 82-85. (with M. Ararat and A. Colpan) https://doi.org/10.26904/RF-1526510327615

Matten, Dirk (Forthcoming), “CEO Activism — Towards A Political Theorization,” Organization Theory. (with A. Crane and J. Moon)

Mawani, Amin (2024), “The Impact of Mandatory RRIF Withdrawals on Seniors’ Income Security,” Canadian Tax Journal, 72(2), 293-314. https://doi.org/10.32721/ ctj.2024.72.2.mawani

Mawani, Amin (Forthcoming), “Accrual vs Cash Basis of Accounting in Canadian COVID-19 Subsidy Program,” Accounting Perspectives. (with S. Hajee) https://doi.org/10.1111/1911-3838.12398

McMillan, Charles (2024), “Docility, Collaborative Learning, and Continuous Innovation: A Case Study of Celebrity Chefs,” Contemporary Perspectives on Organizational Behaviour https://doi.org/ 10.5772/intechopen.1008188

McMillan, Charles (2024), “The Rivalry Trap — Plant-Based Foods as Transformers and Destroyers,” Journal of Business Strategy, 45(1), 48-57. https://doi.org/10.1108/ JBS-06-2022-0102

Mead, Nicole (2024), “Cognitive Effort Increases the Intensity of Rewards,” PNAS Nexus, 3(10), 432. (with M. Wahab, S. Desmercieres, V. Lardeux, E. Dugast, R. Baumeister and M. Solinas) https://doi.org/10.1093/pnasnexus/ pgae432

Mead, Nicole (2024), “When Cash Costs You: The Pain of Holding Coins Over Banknotes,” Journal of Consumer Psychology, 34(4), 641-649. (with J. Zenkić and K. Millet) https://doi.org/10.1002/jcpy.1395 *

Milevsky, Moshe A. (2025), “The Riccati Tontine: How to Satisfy Regulators on Average,” Geneva Risk and Insurance Review, 50, 72-102. (with T.S. Salisbury) https://doi.org/10.1057/s10713-02400105-9

Milevsky, Moshe A. (2024), “Pensions and Protestants: or Why Everything in Retirement Can’t Be Optimized,” Annals of Actuarial Science, 1-20. (with M. Velazquez) http://dx.doi.org/10.2139/ssrn.4592899

Milevsky, Moshe A. (2024), “Egalitarian Pooling and Sharing of Longevity Risk a.k.a. Can An Administrator Help Skin the Tontine Cat?,” Insurance: Mathematics and Economics, 119, 238-250. (with J. Dhaene) https://doi.org/10.1016/ j.insmatheco.2024.09.003

Neu, Dean (2025), “The Ethical CPA: Journal of Accountancy Letters to the Editor,” Accounting History, 30(1), 114-135. (with G.D. Saxton , A.S. Rahaman and K. Taylor-Neu) https://doi.org/10.1177/ 10323732241301106

Neu, Dean (2025), “Indigenous Peoples, Environmental Accountability and the Semantic Meaning of Resource Extraction Firm Disclosures,” Accounting, Auditing & Accountability Journal, 38(5), 1375-1404 (with M. Liu, K. Taylor-Neu, G.D. Saxton, A.S. Rahaman and J. Everett) https://www.sciencedirect.com/ org/science/article/abs/pii/ S0951357425000047

Neu, Dean (2024), “Tone at the Top, Corporate Irresponsibility and the Enron Emails,” Accounting, Auditing & Accountability Journal, 37(9),336-364. (with K. Taylor-Neu, A.S. Rahaman and G.D. Saxton) https://doi.org/10.1108/ AAAJ-12-2023-6792

Neu, Dean (2024), “Accounting Artifacts and the Reformation of a National Healthcare System,” Critical Perspectives on Accounting, 99, 102719. (with J. Everett and A.S. Rahaman) https://doi.org/10.1016/ j.cpa.2024.102719

Neu, Dean (2024), “Letters to the Editor, Institutional Experimentation, and The Public Accounting Professional,” Critical Perspectives on Accounting, 99, 102725. (with J. Everett, A.S. Rahaman and G.D. Saxton) https://doi.org/10.1016/ j.cpa.2024.102725

Neu, Dean (2024), “Twitter-Based Social Accountability Callouts,” Journal of Business Ethics, 189, 797-815. (with G.D. Saxton) https://doi.org/10.1007/s10551-02205316-6 *

Ng, Lilian (2024), “Illuminating the Murk: The Effect of Business Complexity on Voluntary Disclosure,” Journal of Corporate Finance, 87, 102612. (with H. Bahar, P. Foroughi and A. Farzamfar) https://doi.org/10.1016/j.jcorpfin.2024. 102612

Ng, Lilian (2024), “Global Outsourcing and Voluntary Disclosure,” Journal of Business Finance & Accounting, 51(3-4), 846-879. (with L. Dai, R. Dai and Z. Peng) https://doi.org/10.1111/jbfa.12773

Ng, Lilian (Forthcoming), “Innovating Green: Competition Meets Regulation,” Management Science. (with R. Dai and R. Duan) *

Noseworthy, Theodore J. (2025), “Robots in the Kitchen: The Automation of Food Preparation in Restaurants and the Compounding Effects of Perceived Love and Disgust on Consumer Evaluations,” Journal of Corporate Finance, 204, 107723. (with E. Pancer, L. McShane, N. Taylor and M. Philp) https://doi.org/10.1016/j.appet. 2024.107723

Noseworthy, Theodore J. (2024), “Getting Political: The Value-Protective Effects of Expressed Outgroup Outrage on Self-Brand Connection,” Journal of Consumer Psychology, 34(3), 385-405. (with M.S. Kermani and P.R. Darke) https://doi.org/10.1002/jcpy.1364 *

Noseworthy, Theodore J. (2024), “COVID-19 and The Decline of Active Social Media Engagement,” European Journal of Marketing, 58 (2), 548-571. (with M. Poole, E. Pancer and M. Philp) https://doi.org/10.1108/EJM-12-2022-0927

Noseworthy, Theodore J. (Forthcoming), “Future is Now: Aspirational-Sized Clothing and Weight Loss,” Advances in Consumer Research. (with N. Taylor) *

Oppong-Tawiah, Divinus (In Press), “Meaningful Work as an Ethical Approach: Shaping the Next Generation of Organizational Gamification,” Information System Frontiers. (with X. Minocher, F. Boroomand and J. Webster) https://doi.org/10.1007/s10796-024-10478-x

Packard, Grant (2024), “How to Structure Customer Service Calls to Boost Satisfaction and Sales,” Harvard Business Review (with Y. Li and J. Berger) https://hbr.org/ 2024/07/how-to-structure-customerservice-calls-to-boost-satisfactionand-sales *

Packard, Grant (2024), “When Language Matters,” Journal of Consumer Research, 51(3), 634-653. (with Y. Li and J. Berger) https://doi.org/10.1093/jcr/ucad080 *

Packard, Grant (2024), “The Emergence and Evolution of Consumer Language Research,” Journal of Consumer Research, 51(1), 42-51. (with J. Berger) https://doi.org/ 10.1093/jcr/ucad013 *

Packard, Grant (Forthcoming), “Using Traditional Text Analysis and Large Language Models in Service Failure and Recovery,” Journal of Service Research (with F. Villarroel Ordenes, J. Hartmann and D. Proserpio) https://doi.org/10.1177/ 10946705241307678

Pan, Yigang (2024), “Evolution of MNE Strategies Amid China’s Changing Institutions: A Thematic Review,” Journal of International Business Studies, 55, 657-675. (with K. Meyer, C. Tse and T. Chi) https://doi.org/10.1057/s41267-02400715-5 *

Phillips, Robert (2025), “Forgiving Stakeholders,” Academy of Management Professionals, 39(2), 205-226. (with V.T. Ho and J. Harrison) https://doi.org/10.5465/ amp.2023.0460

Rahaman, A. Shiraz (2025), “The Ethical CPA: Journal of Accountancy Letters to the Editor,” Accounting History, 30(1), 114-135. (with G.D. Saxton, D. Neu and K. Taylor-Neu) https://doi.org/10.1177/10323732241301106

* Articles that appear in the list of Financial Times of London, “Top 50 Academic and Practitioner Journals in Business”.

Rahaman, A. Shiraz (2025), “Indigenous Peoples, Environmental Accountability and the Semantic Meaning of Resource Extraction Firm Disclosures,” Accounting, Auditing & Accountability Journal, 38(5), 1375-1404. (with M. Liu, K. Taylor-Neu, G.D. Saxton, D. Neu and J. Everett) https://www.sciencedirect.com/ org/science/article/abs/pii/ S0951357425000047

Rahaman, A. Shiraz (2024), “Tone at the Top, Corporate Irresponsibility and the Enron Emails,” Accounting, Auditing & Accountability Journal, 37(9), 336-364. (with K. Taylor-Neu, G.D. Saxton and D. Neu) https://doi.org/10.1108/AAAJ12-2023-6792

Rahaman, A. Shiraz (2024), “Letters to the Editor, Institutional Experimentation, and the Public Accounting Professional,” Critical Perspectives on Accounting, 99, 102725. (with J. Everett, D. Neu and G.D. Saxton) https://doi.org/10.1016/j.cpa.2024.102725

Rahaman, A. Shiraz (2024), “Accounting Artifacts and the Reformation of a National Healthcare System,” Critical Perspectives on Accounting, 99, 102719. (with J. Everett and D. Neu) https://doi.org/10.1016/ j.cpa.2024.102719

Rungtusanatham, M. Johnny (2024), “Advancing OSCM Scientific Knowledge by Replicating Empirical Findings: Step-by-Step Procedure and Illustration for Transformative Replication Endeavors,” Decision Sciences, 55(2), 111-136. (with M. Polyviou, R. Reczek, K. Dooley, A.M. Knemeyer) https://doi.org/10.1111/ deci.12623

Rolheiser, Lyndsey (2024), “State-Level Association Between Income Inequality and Mortality in the USA, 1989–2019: Ecological Study,” Journal of Epidemiology & Community Health, 78(12), 772-778. (with J.R. Dunn, G.R. Park, R. Brydon, M. Veall, M. Wolfson, A. Siddiqi and N.A. Ross) https://doi.org/ 10.1136/jech-2024-222262

Rolheiser, Lyndsey (2024), “Commercial Real Estate and Air Pollution,” Real Estate Economics, 52(3), 951-989. (with D. Cvijanović and A. Minne) https://doi.org/10.1111/1540-6229.12484

Rolheiser, Lyndsey (2024), “The Past and Future of Non-Residential-to-Residential Conversions in New York City,” Cities, 152, 105157. (with S. Büchler and E. Aldana) https://doi.org/10.1016/j.cities.2024. 105157

Rolheiser, Lyndsey (2024), “The Problem Has Existed Over Endless Years: Racialized Difference in Commuting, 1980–2019,” Journal of Urban Economics, 141, 103542. (with D. Buntem, E. Fu and C. Severen) https://doi.org/10.1016/j.jue.2023.103542

Rzeźnik, Aleksandra (2025), “Skilled Active Liquidity Management: Evidence From Shocks to Fund Flows,” Journal of Empirical Finance, 81, 101579. https://doi.org/10.1016/j.jempfin. 2025.101579

Rzeźnik, Aleksandra (2024), “Non-Standard Errors,” Journal of Finance, 79(3), 2339-2390. (with 342 co-authors from 34 countries and 207 institutions) https://doi.org/10.1111/jofi.13337 *

Sadorsky, Perry (2025), “Connectedness and Systemic Risk Between FinTech and Traditional Financial Stocks: Implications for Portfolio Diversification,” Research in International Business and Finance, 73, Part A, 102629. (with I. Henriques) https://doi.org/10.1016/j.ribaf.2024. 102629

Sadorsky, Perry (2025), “A Partial Correlation-Based Connectedness Approach: Extreme Dependence Among Commodities and Portfolio Implications,” Energy Economics, 144, 108421. (with S.J.H. Shahzad, E. Bouri and S. Karim) https://doi.org/10.1016/j.eneco.2025. 108421

Sadorsky, Perry (2025), “How Important Are Climate Change Risks for Predicting Clean Energy Stock Prices? Evidence From Machine Learning Predictive Modeling And Interpretation,” Journal of Climate Finance, 10, 100058. (with S.A. Basher) https://doi.org/10.1016/j.jclimf.2024. 100058

Sadorsky, Perry (2024), “Do Climate Change Risks Affect the Systemic Risk Between the Stocks of Clean Energy, Electric Vehicles, And Critical Minerals? Analysis Under Changing Market Conditions,” Energy Economics, 138, 107832. (with S.A. Basher) https://doi.org/ 10.1016/j.eneco.2024.107832

Sadorsky, Perry (2024), “Using Precious Metals to Reduce the Downside Risk of FinTech Stocks,” FinTech 2024, 3(4), 537-550. https://doi.org/10.3390/fintech3040028

Sadorsky, Perry (2024), “Do Clean Energy Stocks Diversify the Risk of FinTech Stocks? Connectedness and Portfolio Implications,” Global Finance Journal, 62, 101019. (with I. Henriques) https://doi.org/10.1016/ j.gfj.2024.101019

Sadorsky, Perry (2024), “Time and Frequency Dynamics Between NFT Coins and Economic Uncertainty,” Financial Innovation, 10, 35. (with I. Henriques) https://doi.org/10.1186/s40854-02300565-4

Sadorsky, Perry (2024), “Does the Source of Oil Price Shock Matter for Indian Sectoral Stock Returns? A Time-Frequency Approach to Analyse Dynamic Connectedness and Spillovers,” Applied Economics, 56(56), 7469-7486. (with S. Ramesh and S. Mandal) https://doi.org/10.1080/00036846. 2023.2287552

Saxton, Gregory (2025), “The Ethical CPA: Journal of Accountancy Letters to the Editor,” Accounting History, 30(1), 114-135. (with A.S. Rahaman, D. Neu and K. Taylor-Neu) https://doi.org/10.1177/ 10323732241301106

Saxton, Gregory (2025), “The Cost of Noise: Noise Pollution and Nonprofit Expenses,” Journal of Public Budgeting, Accounting & Financial Management, 37(1), 86-108. (with T. Ahmed, M.M. Hasan and J. Niyirora) https://doi.org/10.1108/ JPBAFM-07-2024-0135

Saxton, Gregory (2025), “Indigenous Peoples, Environmental Accountability and the Semantic Meaning of Resource Extraction Firm Disclosures,” Accounting, Auditing & Accountability Journal, 38(5), 1375-1404. (with M. Liu, K. Taylor-Neu, D. Neu, A.S. Rahaman and J. Everett) https://www.sciencedirect.com/org/ science/article/abs/pii/ S0951357425000047

Saxton, Gregory (2024), “Tone at the Top, Corporate Irresponsibility and the Enron Emails,” Accounting, Auditing & Accountability Journal, 37(9),336-364. (with K. Taylor-Neu, A.S. Rahaman and D. Neu) https://doi.org/10.1108/ AAAJ-12-2023-6792

Saxton, Gregory (2024), “Letters to the Editor, Institutional Experimentation, and the Public Accounting Professional,” Critical Perspectives on Accounting, 99, 102725. (with J. Everett, A.S. Rahaman and D. Neu) https://doi.org/10.1016/j.cpa.2024.102725

* Articles that appear in the list of Financial Times of London, “Top 50 Academic and Practitioner Journals in Business”.

Saxton, Gregory (2024), “Twitter-Based Social Accountability Callouts,” Journal of Business Ethics, 189, 797-815. (with D. Neu) https://doi.org/10.1007/ s10551-022-05316-6 *

Shao, Ruodan (2024), “Why Have We Not Detected Gender Differences in Organizational Justice Perceptions?! An Evidenced-Based Argument for Increasing Inclusivity within Justice Research,” Journal of Organizational Behavior, 45(7), 1117-1146. (with N. Strah, D. Rupp, E. King, D. Skarlicki) https://doi.org/10.1002/job.2797

Shao, Ruodan (Forthcoming), “The Plurality Effect: People Are More Dishonest Toward Group Than Individual Targets,” Journal of Experimental Social Psychology, 119, 104746. (with H. C. Huang, A.E. Tenbrunsel, K.A. Diekmann and D.P. Skarlicki) https://doi.org/10.1016/j.jesp.2025.104746

Shao, Ruodan (Forthcoming), “Using Augmentation-Based AI Tool at Work: A Daily Investigation of Learning-Based Benefit and Challenge,” Journal of Management. (with Y. Shao, C. Huang, Y. Song, M. Wang and Y.H. Song) https://doi.org/10.1177/ 01492063241266503 *

Shen, Winny (2025), “Dual-Earner Couples,” Annual Review of Organizational Psychology and Organizational Behavior, 12, 369-394. (with K.M. Shockley and H. Dodd) https://doi.org/10.1146/annurevorgpsych-110622-053405

Shen, Winny (2025), “Leading Through the Uncertainty of COVID-19: The Joint Influence of Leader Emotions and Gender on Abusive and Family-Supportive Supervisory Behaviors,” Journal of Occupational and Organizational Psychology, 98(1), e12439. (with I. Hideg and T. Hentschel) https://doi.org/10.1111/joop.12439

Shen, Winny (2024), “Intersectional Penalties for Perceived Interpersonal Justice Violations among Black and Hispanic Male Leaders in the Workplace,” Journal of Business and Psychology, 1-21. (with D.R. Bobocel and J. Becker) https://doi.org/10.1007/s10869-02409994-z

Shen, Winny (2024), “Hear, Hear! A Review of Accent Discrimination at Work,” Current Opinion in Psychology, 60, 101906. (with I. Hideg and C. Z. Koval) https://doi.org/10.1016/j.copsyc.2024. 101906

Shen, Winny (2024), “An Updated Meta-Analysis of the Interrater Reliability of Supervisory Performance Ratings,” Journal of Applied Psychology, 109(6), 949-970. (with P. Sackett, A. Beatty and Y. Zhou) https://doi.org/10.1037/apl0001174 *

Shen, Winny (2024), “Investigating Gendered Reactions to Manager Mistreatment: Testing the Presumed Role of Prescriptive Stereotypes,” Journal of Organizational Behavior, 45(5), 720-740. (with F. Mu, D.R. Bobocel and A. Barron) https://doi.org/10.1002/job.2763

Shen, Winny (2024), “Diversity Climate Affords Unequal Protection Against Incivility Among Asian Workers: The COVID-19 Pandemic as a Racial Mega-Threat,” Applied Psychology: An International Review, 73(1), 34-56. (with J.Y. Lam, C.T. Varty, A. Krstic and I. Hideg) https://doi.org/10.1111/ apps.12462

Shen, Winny (In Press), “Critical Issues Facing Asian Americans and Pacific Islanders in Organizations and Society,” American Behavioral Scientist, 0(0). (with E. Ng, A. Lewis and R. Bonner) https://doi.org/10.1177/00027642241231317

Tan, Justin (2024), “Positioning for Optimal Distinctiveness: How Firms Manage Competitive and Institutional Pressures under Dynamic and Complex Environment,” Strategic Management Journal, 45(2), 333-361. (with J. Su and X. Gao) https://doi.org/10.1002/smj.3549 *

Tan, Justin (Forthcoming), “Technological Strategies in an Innovation Ecosystem: A Dynamic View of Interaction Between Leaders and Followers Based on Evolutionary Game Theory and Multiagent Simulation,” Journal of Management Science (with X.Y. Zhao)

Tan, Justin (Forthcoming), “Breakthrough of Key Core Technology “Neck-Jamming” by Focal Firm From Innovation Ecosystem Perspective — A Case Study of Chinese High-Speed Train Traction System,” Nankai Management Review International (with J. Song, K. Wang, X. Zhao and S. Zhong)

Thorne, Linda (2024), “An Exploration of Technological Innovations in the Audit Industry: Disruption Theory Applied to a Regulated Industry,” Accounting Perspectives, 23(3), 403-445. (with K. Fiolleau, C. MacTavish and E. Osecki) https://doi.org/10.1111/1911-3838.12367

Thorne, Linda (2024), “Academic Fraud and Remote Evaluation of Accounting Students: An Application of the Fraud Triangle,” Journal of Business Ethics, 195, 425-447. (with S. Khatoon, W. Brink and J. Bierstaker) https://doi.org/10.1007/s10551-02405628-9 *

Thorne, Linda (2024), “In All Fairness: A Meta-Analysis of the Tax Fairness-Tax Compliance Literature,” Behavioral Research in Accounting, 36 (2), 105-130. (with M. Marshall, J. Farrar, D. Massey, A. Wu and T. Bui) https://doi.org/10.2308/ BRIA-2022-040

Thorne, Linda (2024), “An Experimental Study of a Change in Professional Accountants’ Code of Ethics: The Influence of NOCLAR on the Duty to Report Illegal Acts to an External Authority,” Journal of Business Ethics, 191, 535-549. (with K. Fiolleaou, S. Khatoon, C. MacTavish and P. Nappert) https://doi.org/10.1007/ s10551-023-05474-1 *

Thorne, Linda (Forthcoming), “Technology and its Implication for Staff Auditors,” Accounting Horizons. (with C. MacTavish, E. Osecki and K. Fiolleau) https://doi.org/ 10.2308/HORIZONS-2023-057

Veresiu, Ela (2025), “Moralizing Everyday Consumption: The Case of Self-Care,” Journal of Consumer Research, 52(1), 219-242. (with R.E. Hochstein and C.M. Harmeling) https://doi.org/10.1093/ jcr/ucae056 *

Veresiu, Ela (2024), “Timing Legitimacy: Identifying the Optimal Moment to Launch Technology in the Market,” Journal of Marketing, 89(3), 136-153. https://doi.org/ 10.1177/00222429241280405 *

Veresiu, Ela (Forthcoming), “Building AgeInclusive Brands: The Case of 19/99 Beauty,” Special Issue of the Journal of Product & Brand Management. (with M. Parmentier)

* Articles that appear in the list of Financial Times of London, “Top 50 Academic and Practitioner Journals in Business”.

Voronov, Maxim (2025), “How Tencent Built Trust with Users During a Moment of Upheaval,” Harvard Business Review (with M. Wang and R. Zhang) https://hbr.org/2025/04/research-howtencent-built-trust-with-users-during-amoment-of-upheaval *

Voronov, Maxim (2025), “How Reality TV Helps Explain Trump’s Success,” Scientific American. (with M. Toubiana and T. Ruebottom) https://www.scientificamerican.com/ article/how-reality-tv-helps-explaintrumps-success/

Voronov, Maxim (2024), “We Can’t Turn Away from Reality: To Resist Complacency, We Must Understand How It Operates,” Scientific American, 331(3), 55. (with M. Cooper) https://pubmed.ncbi.nlm. nih.gov/39292898/

Voronov, Maxim (2024), “We’ve Hit Peak Denial. Here’s Why We Can’t Turn Away From Reality,” Scientific American (with M. Cooper) https://www.scientificamerican.com/ article/weve-hit-peak-denial-heres-whywe-cant-turn-away-from-reality/

Voronov, Maxim (2024), “Beyond the Feeling Individual: Insights from Sociology on Emotions and Embeddedness,” Journal of Management Studies, 61(5), 2212-2250. (with R. Zhang, M. Toubiana, R. Vince and B. Hudson) https://doi.org/10.1111/joms.12976 *

Voronov, Maxim (Forthcoming), “Building Bridges in the Digital Age: How Online Platforms Foster Trust During a Crisis,” Organization Studies (with M.S. Wang and R. Zhang) https://doi.org/10.1177/ 01708406251326647 *

Voronov, Maxim (Forthcoming), “Emotions, Institutions, and Power,” Oxford Research Encyclopedia of Business and Management. (with L. Jarvis Jr.) https://doi.org/10.1093/acrefore/ 9780190224851.013.475

Weber, Olaf (2025), “To Label or Not? A Choice Experiment Testing Whether Labelled Green Bonds Matter to Retail Investors,” Humanities and Social Sciences Communications, 12, 82. (with V. Saravade and A. Vitalis) https://doi.org/10.1057/ s41599-025-04395-w

Weber, Olaf (2025). “Inclusive Mapping of Sustainable Finance and Accounting: A Bibliometric Review,” Sustainability Accounting, Management and Policy Journal, 16(2), 618-702. (with Z. Lin, C. Ma and Y.S. Ren) https://doi.org/10.1108/ SAMPJ-05-2024-0511

Weber, Olaf (2025), “Dynamic Connectedness Between Crude Oil Futures and Energy Industrial Bond Credit Spread: Evidence from China,” Energy Economics, 143, 108294. (with Y. Ren, T. Klein, Y. Jiang and P. Liu) https://doi.org/10.1016/ j.eneco.2025.108294

Weber, Olaf (2024), “Enhancing Environmental Performance: Evidence from SAARC Countries,” Contemporary South Asia, 1-24. (with S. Bose and A. Hoque) https://doi.org/10.1080/09584935. 2024.2371782

Weber, Olaf (2024), “What Drives Companies’ Progress on their Emission Reduction Targets?,” Journal of Cleaner Production, 468, 143124. (with A-F. Bolay, A. Bjørn, L. Patouillard and M. Margni) https://doi.org/10.1016/j.jclepro. 2024.143124

Weber, Olaf (2024), “Climate Stress Testing in the Financial Industry,” Current Opinion in Environmental Sustainability, 66, 101401. https://doi.org/10.1016/j.cosust. 2023.101401

Weber, Olaf (2024), “New Insights on Social Finance Research in the Sustainable Development Context,” Business Strategy & Development, 7(1), e342. (with J. Gonzalez-Ruiz and N. Marín-Rodríguez) https://doi.org/10.1002/bsd2.342

Weber, Olaf (2024), “Reexamining the Relationship Between ESG and Firm Performance: Evidence from the Role of Buddhism,” Borsa Istanbul Review, 24(1), 47-60. (with T. Tian, Y. Ren, S.Narayan and P. Fu) https://doi.org/10.1016/ j.bir.2023.10.011

Weber, Olaf (2024), “Catalyzing the Growth of Green Bonds: A Closer Look at the Drivers and Barriers of the Canadian Green Bond Market,” Sustainability Accounting, Management and Policy Journal, 15 (3), 605-627. (with V. Saravade) https://doi.org/10.1108/SAMPJ-082023-0604

Weber, Olaf (2024), “Developing a Transdisciplinary Tool for Water Risk Management and Decision-Support in Ontario, Canada,” Environmental Research Communications, 6(7), 075014. (with G. Sandhu, M.O. Wood, H. Rus and J. Thistlethwaite) https://doi.org/ 10.1088/2515-7620/ad5b3f

Yeomans, Julian Scott (2025), “Simulation Decomposition Analysis of the Iowa Food-Water-Energy System,” Environmental Modelling and Software, 188, 106415. (with T. Jeong, M. Kozlova and L. Leifsson) https://doi.org/10.1016/ j.envsoft.2025.106415

Yeomans, Julian Scott (2025), “Simple Binning Algorithm and SimDec Visualization for Comprehensive Sensitivity Analysis of Complex Computational Models,” Journal of Environmental Informatics Letters, 13(1), 38–56. (with M. Kozlova, A. Ahola and P. Roy) https://doi.org/10.3808/jeil. 202400149

Yeomans, Julian Scott (2024), “Uncovering Heterogeneous Effects in Computational Models for Sustainable Decision-Making,” Environmental Modelling & Software, 171, 105898. (with M. Kozlova, R. Moss and J. Caers) https://doi.org/ 10.1016/j.envsoft.2023.105898

Yeomans, Julian Scott (2024), “Global Sensitivity Analysis of Nuclear District Heating Reactor Primary Heat Exchanger Optimization,” Energy, 312, 133393. (with J. Saari, M. Kozlova, H. Suikkanen, E. Sermyagina and J. Hyvärinen) https://doi.org/10.1016/j.energy.2024. 133393

Yeomans, Julian Scott (Forthcoming), “Comparative Analysis of the Datar-Mathews Real Options Method and Simulation Decomposition for Strategic Environmental Decision-Making,” Journal of Environmental Informatics Letters. (with S. Liukkonen, M. Kozlova and R. Stepanov)

* Articles that appear in the list of Financial Times of London, “Top 50 Academic and Practitioner Journals in Business”.

PhD Academic Activities

Schulich’s PhD Program encourages students to start translating their research interests into peer-reviewed publications from the earliest stages of their academic careers. Many are quite successful in establishing an enviable track record by the time they are ready to graduate and take up their initial academic posting. These young scholars make us proud!

PUBLICATIONS — JOURNAL ARTICLES & BOOK CHAPTERS AWARDS

Babazadeh, Ehsan (Forthcoming), “Inciting Environmental Accountability About Mining Activities,” Critical Perspectives on Accounting. (with Liu, M. , Neu, D., Saxton, G. , Babazadeh, E. , Taylor- Neu, K., Rahaman, A.S. , and Everett, J.)

Hasan, Mohammad Maruf (2025), “The Cost of Noise: Noise Pollution and Nonprofit Expenses,” Journal of Public Budgeting, Accounting & Financial Management, 37(1), 86-108. (with Ahmed, T., Niyirora, J., and Saxton, G.D.)

Jackson Farrell, Patricia (2025), “Policy Forum: Demand and Supply Policies for Electric Vehicle Adoption — A Comparison of Norway and Canada,” Canadian Tax Journal. 73:1, 43-56. (with Epelbaum, N., Gandhi, D. & Pampena, T.)

Khatoon Hassan, Sameera (2024), “Academic Fraud and Remote Evaluation of Accounting Students: An Application of the Fraud Triangle,” Journal of Business Ethics , 195, 425-447. (with Bierstaker, J., Brink, W.D., and Thorne, L.)

Liu, Minqi (2025), “Indigenous Peoples, Environmental Accountability and The Semantic Meaning of Resource Extraction Firm Disclosures,” Accounting, Auditing & Accountability Journal, 38(5), 1375-1404. (with Taylor-Neu, K., Saxton, G.D. , Neu, D. , Rahaman, A.S. and Everett, J.)

Sedgewick, Jennifer. R. (2025), “A Contest Study to Reduce Attractiveness-Based Discrimination in Social Judgment,” Journal of Personality and Social Psychology, 128(3), 508-535. (with Roy, E., Lai, C., and Axt, J.)

Zaman, Raisa Tasneem (Accepted), “R&S Closet: Aspiring to Leap Over the Fence.” In Sage Business Cases. SAGE Publications , Ltd. (with Abu Huraira, M.R.)

Ahmadi, Ali

• CSIRF PhD Scholarship, 2024

• Best Paper Award, Academy of Finance Conference, 2025

• Best Paper Award, Eurasia Business and Economics Society Conference, 2025

• Best Paper Award, Finance Symposium, 2024 (With Ambrus Kecskés, Roni Michaely, and Phuong-Anh Nguyen)

Sullivan, Sean

• Best Student Paper Award for the Organizational Studies Division, Academy of Management Conference

Tabatabaei, Elham

• Mitacs Globalink Research Award

CONFERENCE PRESENTATIONS & PRECEEDINGS

Gautreau, Pierre. “Impact of Service Process Automation on Consumer Motivation.” Presented at the POMS Conference in Minneapolis, MN, in April 2024.

Jackson Farrell, Patricia. Attended U of Waterloo Ethics Conference and Participated in Poster Presentation for Population Testing Paper (September 2024); Attended CAR Conference and Participated in Doctoral Symposium (U of T Rotman, October 2024); Presented at QARS conference (U of Guelph, November 2024).

Ke, Yongqi. “Philanthropy.” 14th Interdisciplinary Perspectives on Accounting Conference, 2024. Main conference proceeding (pp. pending), Royal Holloway University of London, London. (with Graham, C.)

Lam, Janice. Attended and presented at the Society for Industrial and Organizational Psychology’s 2024 Annual Convention, Canadian Psychological Association’s Annual Convention and the Academy of Management’s Annual Convention.

Lee, Henry. “Whispers of Power: Expectancy Theory on Bottom-up Delegation and Stakeholder Disengagement.” Proceedings of the Annual Meeting of the Administrative Sciences Association of Canada (ASAC), 2025.

Lee, Henry. “In the Shadows of Materiality: An Attention-Based View on Sustainability Reporting Standards and Corporate Misconduct.” The Annual Meeting of the European Group for Organizational Studies (EGOS), 2025. (with Choi, T. J., Deutsch, Y.)

Lee, Henry. “When and How Domain Experts Integrate AI? Building Theory with Qualitative Comparative Meta-Analysis.” In Sonia Taneja (Ed.), Proceedings of the Eighty-fifth Annual Meeting of the Academy of Management (AOM), 2025. (with Joshi, M., Sarta, A.)

Lee, Jeremy. Southern Ontario Behavioural Decision Research Conference 2024, Toronto, ON (flash talk); Association for Psychological Science Annual Convention 2024, San Francisco, CA (invited talk); Association for Consumer Research Annual Conference 2024, Paris, France (special session chair); Society for Consumer Psychology Annual Convention 2025, Las Vegas, NV (competitive paper).

Makini McGuire-Brown. “Territorializing Care: Accounting Strategies and Healthcare Accessibility for Undocumented Migrants.” Accepted into AOS Grand Challenges conference 2024. (with Dr. Claire Deng) Nafissi, Mohammadreza. Presented First Paper, “Litigation and Firm Value: The Role of Inventor-Started NPEs,” at the FMA and CLEA conferences.

Sedgewick, Jennifer. Attended Mawachihitotaak (a Métis research conference; Sept. 2024) and Re-claiming Métis Ethics: Beyond OCAP and Towards Métis Sovereignty (May 2025) in Winnipeg.

Steiner, Erik. “Evaluation of Multi-Functional Products: Anthropomorphism and Cognitive Strain,” [Conference working paper]. Society for Consumer Psychology 2024, Nashville, TN, United States (with Wang, J. and Wan, J.)

Steiner, Erik. “Open Licenses and Market Dialectics,” [Presentation]. CMCT Seminar Ankara Turkey, 2024.

Steiner, Erik. “Driving Dynamic Markets,” [Special Session]. American Marketing Association Winter 2025 Conference, Phoenix, AZ, United States (with Giesler, M. and Packard, G.)

Sullivan, Sean. “Disruption into Production: How the Clean Air Movement Created Its Own Expertise,” accepted by the Academy of Management and adjusted for the conference’s requirements.

Tabatabaei, Elham. Attended the ISOI-HEC Paris Corporate Purpose and Sustainable Capitalism Conference 2024, with the accepted submission of his working paper “Old Institutions Die Hard: The Instrumental Perspective of Corporate Purpose Could Prolong the Influence of Shareholder Primacy.”

Tian, Huiqing Sunny. “The Influence of Regulatory Focus and Ethical Climate on Sustainable Supplier Selection, [presentation].” 2024 CORS Annual Conference, London, ON, Canada. (with Johnston, D. and Rungtusanatham, R.).

Zaman, Raisa Tasneem. “Consumption for Neurodivergent People and their Families: A Path to Emancipation or Vulnerability.” Third Interdisciplinary Conference on Consumption and Disability, Queen’s University, Belfast, 2024.

Zaman, Raisa Tasneem. “Consumption for Neurodivergent People and their Families.” Consumer Culture Theory, San Diego, US, 2024.

Zaman, Raisa Tasneem. “Neurodiversity, Family Consumption and the Marketplace.” ACR, Paris, France, 2024.

(Left) Eric Steiner at the 2025 AMA Winter Academic Conference; (right) Sunny Tian presenting at the 2024 CORS Annual Conference.

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