Researchers explored why charismatic leaders are perceived as visionary and successful, finding that managers can establish mystique through practice and presentation style. The study suggests that firms should scrutinize charismatic candidates to ensure transferable skills.
Research shows that feeling connected to one's future self motivates more patient financial decisions. A study found that individuals who felt a sense of continuity with their future selves made better choices regarding long-term rewards.
A study by Columbia Business School researchers demonstrates 'complicating choice' – the process where decision-makers increase effort for unimportant attributes. This phenomenon is driven by the 'effort compatibility principle', which aims to match expected effort with perceived effort.
Peter Kolesar, Professor Emeritus at Columbia Business School, was awarded the 2011 MSOM Distinguished Fellow Award for his contributions to operations management. His research has modeled service systems with random cyclic customer demand patterns and optimized credit-screening procedures.
Research by Columbia Business School and University of Chicago Booth School of Business found that offering too many 401k funds deters employees from enrolling in the plan. The study revealed a decrease in equity fund allocation and an increase in 'nothing' allocation as the number of funds increases.
A new study by Columbia Business School researchers found that Walmart was more likely to propose and open stores in RTW states near the borders of non-RTW states despite protests. The study suggests that firms engage in regulatory arbitrage, selecting businesses-friendly policies to maximize profits.
A study by Columbia Business School found that people's beliefs on global warming are influenced by daily temperature, with warmer days leading to increased concern. The researchers surveyed over 1,200 people and found that perceptions of temperature correlated with reality three-quarters of the time.
The study shows that small firms can access foreign markets through intermediaries, enabling them to become direct exporters in the future. Intermediate firms facilitate direct export participation by smaller firms, especially in high-trade-cost markets.
A report from a blue-ribbon panel recommends guidelines to improve board practices and standards in seven core dimensions: Purpose, Culture, Leadership, Information, Advice, Debate and Self-Renewal. The report aims to foster further review of board structure and function.
A study by Columbia Business School and Ben-Gurion University of the Negev found that judges' willingness to grant parole can be influenced by time between breaks. After a break, 65% of cases were granted parole, with rates dropping to zero and then rising again. The study bolsters research on psychological biases in experienced judges.
A study by Columbia Business School professor Stephan Meier found that incentives can decrease public goods contribution and increase free-riding behavior in group environments with informal norm enforcement. The researchers discovered that incentives changed the norm of contribution, making it acceptable to exploit common resources.