Michał Dzieliński and Lu Liu, both at the Finance section, recently got their article "Green links: corporate networks and environmental performance" accepted for publication in the Review of Finance, one of the top journals in finance. In the article, Michał Dzieliński and Lu Liu and their coauthors (Hossein Asgharian at Lund University and Zahra Hashemzadeh at Saxo Bank) investigate the propagation of corporate environmental performance among competitors as well as from customers to suppliers and vice versa. Importantly, they focus on an objective measure of environmental performance, carbon intensity, defined as a company’s CO2-equivalent emissions in tons divided by its revenue in USD million.
Julia Grimm, Assistant Professor of Management, Organisation and Society at Stockholm Business School and Juliane Reinecke, Professor of Management Studies at Saïd Business School, University of Oxford has published the article "Collaborating on the Edge of Failure: Frame Alignment Across Multiple Interaction Arenas in Multi-Stakeholder Partnerships" in the Academy of Management Journal, one of the most prestigious and highly ranked journals in organization and management studies. Drawing on qualitative research methods, Julia Grimm studies multi-stakeholder partnerships, transnational governance, and social movements, all in the context of global supply chains and social and environmental sustainability issues. Julia’s research takes a process perspective and is grounded in framing and paradox theory.
Three new scientific articles present current research on geopolitics, the world economy, and international business.The articles are written by Professor Tony Fang together with co-authors. Tony Fang works in the Management section. The article " The Tech Cold War, the multipolarization of the world economy, and IB research " discusses one of the hottest topics of our time: the increasing rivalry between the USA and China and its impact on the world economy and research in international business. The article is written by Professor Tony Fang along with Professor Rosalie Tung from Simon Fraser University, and Professor Ivo Zander from Uppsala University, and is published in the International Business Review in December 2023. Read the article "The Tech Cold War, the multipolarization of the world economy, and IB research" Sanctions, counter-sanctions, and secondary sanctions against states, organizations, companies, and individuals are increasingly being used as a tool to achieve geopolitical goals. The article " International business under sanctions " provides a framework for defining and capturing this non-market phenomenon in the business world. The article is published in the Journal of World Business (JWB, April 2023) and is written by Professor Tony Fang, Professor Klaus Meyer from Western University, Professor Andrei Panibratov from EMLV Business School Paris, Professor Mike Peng from The University of Texas at Dallas, and Professor Ajai Gaur from Rutgers University. Read the article "International business under sanctions" The article " Disruptive knowledge in international business research " calls for conducting academically robust research that generates groundbreaking knowledge with an impact on society, rather than just producing consolidating knowledge. The article is published in the Journal of International Business Studies (JIBS, December 2023) and is written by Professor Tony Fang with Professor Rosalie Tung from Simon Fraser University, Professor Gary Knight from Willamette University, Professor Pervez Ghauri from the University of Birmingham, and Professor Shameen Prashantham from China Europe International Business School. Read the article "Disruptive knowledge in international business research"
On the 14th and 15th of November, the Föreningen Ekonomerna organized the career fair "Ekonomernas Dagar" by the auditorium on the 2nd floor, between buildings 2 and 4 at Campus Albano. A total of 31 different companies, organizations, and authorities participated in the fair, providing students with the opportunity to ask questions to potential future employers. In group rooms, students also had the chance to have one-on-one discussions with relevant representatives from various companies to talk about future job opportunities. On Wednesday, a panel discussion titled "Navigating the Job Market" took place in auditorium 6, focusing on today's job market and how to navigate it. "We are pleased to be here this year; it has worked better, and we have connected with many students. It feels good," says one of the exhibitors. For the first time in a couple of years, the fair was organized over two days instead of one, which was incredibly successful as more students had the opportunity to attend Economists' Days.
Nick Butler has received research funding of SEK 4,668,000 from the Swedish Research Council (Vetenskapsrådet) for the research project "Leading by Algorithm: Reconfiguring the Nature of Leadership in Digitalized Work Environments". The project examines the development and application of digital leadership tools in high-performance organizations. The aim is to gain insights into how data-driven analytics are transforming the nature and scope of leadership in digitalized work environments. The project addresses two main questions: How is the task of leadership transformed by algorithms, and how do data-driven analytics affect the leader-follower relationship? Together with Dr Sverre Spoelstra at Copenhagen Business School and Dr Emilie Hesselbo at Lund University, Nick Butler is conducting qualitative research in the Swedish tech sector. The project runs from January 2024 until December 2026. Nick Bulter is an Associate Professor at the Management section at Stockholm Business School since 2016. He previously worked at Lund University as a postdoctoral researcher and St Andrews University, Scotland as a lecturer. Prior to this, he trained at the universities of Warwick, Sussex, and Leicester in the UK.
Martin Johanson, researcher and associate professor at the Marketing Section, Stockholm Business School, has been awarded SEK 450,000 by the Knut & Ragnvi Jacobsson Foundation for his research project "Entrepreneurship and War - How do businesses and people survive in Ukraine?" Martin Johanson earned his doctorate in business administration in 2001 at Uppsala University and spent the next ten years studying the transition from planned to market economy in Russia. He then shifted his focus to international entrepreneurship, with a particular emphasis on the internationalization of rapidly growing small businesses. In the wake of Russia's invasion of Ukraine, Martin decided to combine his two areas of expertise and analyze the role of entrepreneurship in a country undergoing full-scale war. The support he has received from the Knut & Ragnvi Jacobsson Foundation will be used to collect real-time data in Ukraine. Several Ukrainian educational institutions are already participating in the project, conducting interviews with entrepreneurs. The unique nature of the project involves an open and exploratory approach, aiming to increase knowledge about the conditions for entrepreneurship and the function and role of entrepreneurship in a country experiencing war.
The thesis titled "Flight to Climate: Liquidity Commonality in Brown Equities," is recognized as one of the two best master theses in financial economics by Thule Foundation at Skandia. The thesis was written by Haiping Yu at the Master’s programme in Banking and Finance spring semester 2023. The thesis was supervised by professor Lars Nordén and also greatly benefited from discussion with and encouragement from Professor Björn Hagströmer and Professor Ran Xing at SBS. This project conceptualizes an innovative systematic liquidity risk channel of ESG effects on stock performance and uncovers novel empirical evidence of simultaneous liquidity oscillation among Swedish equities classified as carbon emission laggards, i.e., brown equities, listed on Nasdaq Stockholm in the large segment. This uncovered ESG-specific commonality in liquidity is an undiversified systematic risk, which would entail return compensation. This finding corroborates the negative ESG-return correlation in an economy predominately influenced by ESG-motivated investors who prioritize climate commitments, as in the empirical context of the Swedish equity market.
On September 19th, more than a dozen SBS scholars met up for a full day on campus to share their experiences of researching digitalization. Thrilled that the workshop was able to attract participants from all of the School’s four sections, the organizer Professor Torkild Thanem stated that "The purpose was simply to create a meeting space where digitalization scholars based at SBS can explore commonalities and differences, learn from each other, and pursue joint interests."
On October 16, Atlas Copco's IR manager Daniel Althoff and Linnea Grönwall from the IR department visited the students on the Corporate Finance course. The meeting with the roughly one hundred students took place in the form of a dialogue, where the students asked questions about Atlas Copco, which Daniel and Linnea answered. The dialogue was structured and led by the five students Gustav Strömberg, Josef Brolin, Kristofer Backlund, Lina Ling-Vannerus and Markus Garede. A student describes how rewarding the meeting with Atlas Copco was for the education. - "We have worked with Atlas Copco as a case company for three weeks. We have discussed the company from different perspectives, starting with the general meeting, election of the board, stakeholders, ownership structure, vision and strategy, discussed and quantified risks, and then discussed return requirements , dividend policy and capital structure of Atlas Copco. Our final task is to carry out a DCF valuation on Atlas Copco, so it is hugely rewarding for us students to have companies like Atlas Copco come to us and give context to what we are studying in words and numbers. Daniel's storytelling and examples made it all so vivid and understandable. A big thank you from us students to Daniel and Linnea." Daniel Althoff praised the students, stating that he was "super impressed" and that the questions the students asked were consistently at a very high level.
The thesis "Unpacking the Value of Emerging Technologies: Experimentation, Communication, and Knowledge Brokering" is about the commercialization of new technologies that are still in the development phase and in early stages of use, whose potential value has not yet been explored. It focuses on the development of Artificial Intelligence (AI), Augmented Reality (AR), blockchain, drones, the Internet of Things (IoT), robotics, 3D printing, and Virtual Reality (VR). Gulnar Nussipova defended her thesis "Unpacking the Value of Emerging Technologies: Experimentation, Communication, and Knowledge Brokering" at the Marketing Section, Stockholm Business School on October 12th.
Stockholm Business School, SBS, gives a capacity building programme in sustainable urban planning in Ukraine called "Rethinking Cities in Ukraine." The project was initiated, and is led by, senior lecturer Ragnar Lund at SBS.
Within a new graduate school in marine, climate and environmental issues, 12 doctoral students at several of Stockholm University's departments will be hired. The graduate school is directed towards students who are interested in understanding their own research in a broad and interdisciplinary context. A particular focus is on deepening the understanding and provide new knowledge of the specific conditions and challenges of the Baltic Sea in a changing climate.
