PODCAST Power of Voice
The power of voice is something we seldom think about. Yet voice is ubiquitous and can be extremely effective, as podcast listeners know very well. What makes speech unique, compared with images? What chords does it strike? And how can we harness the power of voice? Kurt Munz, assistant professor of marketing at Bocconi, unfolds for us the meaning of "auditory information processing" starting from his own experience as an officer in the US Navy.
PODCAST Climate Change
The extent of climate change if not its very existence is a hotly contested topic. Scientists though have little doubt that this is happening now, and that action is urgently required. Economists are definitely doing their part, since a changing climate is bound to have a huge impact on world economy. But the effort towards limiting the damage is also a cost, which governments are reluctant to bear as the benefit is so hard to measure. Hear podcast host David Wayne Callahan as he talks to Valentina Bosetti, professor of environmental and climate change economics at Bocconi, about the challenges we face and will be facing if too little is done.
PODCAST Gender Gap
We all know that the so-called "glass ceiling" is still very real. Some progress notwithstanding, women are still generally underrepresented and underpaid. Paola Profeta, who leads the AXA Research Lab on Gender Equality at Bocconi, talks about what empirical evidence there is about policies that may help reduce the gender gap. The Covid crisis also shed light on the priorities set by women leaders and preliminary results seem to confirm that women at the top were indeed more successful than men at handling the pandemic. Finally, we should not overlook the fact that diversity has many dimensions, and equality must be sought on all of them.
PODCAST Resilient Firms
Resilience, usually defined as the ability to bounce back to the previous state after a shock, can be more accurately described as a process by which an organization weathers a stressful event not just by returning to its original form but improving itself in a sort of dynamic adaptation close to the evolution of natural species. But what are the mental processes that enable this approach? Can we identify a "resilient mindset"? With Carlo Salvato, Professor of Business Strategy at Bocconi.
Globalization seemed poised to rule the world. Instead, it is now under attack by various protectionist and populist forces. We are therefore bound to accept that it was not unavoidable and it is not irreversible, as it is a political choice as opposed to a necessary historical process. Were people promised something that could not be delivered? Is the anger justified? Gianmarco Ottaviano, who holds the Achille and Giulia Boroli chair of European Studies at Bocconi, also addresses the effects of the pandemic and Brexit on globalization and the longstanding issue of whether automation kills jobs.
PODCAST Offshore Secrets
Why is corruption so captivating? How does money effectively end up in offshore tax havens? As we have learned from the infamous Panama Papers, there are several building blocks: the individuals or firms who benefit, the so-called "enablers", the offshore vehicles (private companies created in tax havens), and of course the money itself. Besides, what developments can we expect in the future? Do we have to be more or less worried? Hannes Wagner, associate professor of Finance at Bocconi, has been focussing on the shadier aspects of international finance and tells us a few interesting stories.
Companies are increasingly keen on disclosing information about the responsible use of resources they make and in general about the sustainability of their operations. This is by no means just a marketing stunt, as stakeholders often take decisions based on this kind of information. For this reason, even non-financial data must be credible and transparent. Ariela Caglio, Associate Professor of Management Accounting at Bocconi, tells us how accounting is so much more than bookkeeping.
PODCAST Artificial Intelligence
Artificial intelligence has been the stuff of science fiction for a long time. But what does “Artificial Intelligence” actually mean in today’s world? Do we really face a future in which machines may turn on us? With Riccardo Zecchina, Vodafone Chair in Machine Learning and Data Science at Bocconi.
How did Brexit happen? Why have negotiations with the European Union been so bumpy? And, more importantly, can either party claim to have had the upper hand? Eleanor Spaventa, professor of European Union law at Bocconi, lines up the facts and provides a rare balanced view on such a hotly contested topic.
PODCAST Decision making
Entrepreneurs who behave like scientists achieve better results. Success in business is all about having the right intuition and making good predictions, and you get the best predictions if you adopt a scientific approach.
PODCAST Media and Development
People do not like to be told what to do, so how do you bring about social change in developing countries? Media and edutainment could be the solution, according to recent, rigorous research. A scientific approach to fighting poverty can yield impressive results, both as a way of efficiently allocating scarce resources and as a tool for determining what policies are most effective.
Our life is increasingly influenced by algorithms, which decide not just what comes on top of every Google search but also many other things you don't even know. An algorithm is neither good nor bad in itself, but telling a machine how to perform certain functions is riddled with pitfalls which can result in very undesirable consequences.
Populism has been challenging the established political order in many ways. Yet the pandemic has exposed some of the inconsistencies of populist leaders, prompting some analysts to predict the imminent demise of this trend in its current form. But things aren't quite so simple.
Do Health Risks Shape Firm Boundaries
Adrian Lam, Imperial College Business School Job Market Paper
Parenthood in Poverty
Sarah Eichmeyer (Stanford University)
Trust versus Rewards: Revisiting Managerial Discretion in Incomplete Contracts.
Wenqian Hu (Georgia Institute of Technology)
Disclosure Distance and Earnings Announcement Returns
Ryan Erhard (University of Southern California)