The linear “take-make-waste” business model is a recipe for killing the planet. With global circularity at 7.2 %, supply chains create enormous amounts of waste, a vital driver of the triple planetary crisis of climate change, biodiversity loss, and pollution. Recent research by Daniel Halbheer (HEC Paris) and his colleagues Stefan Buehler (University of St. Gallen) and Rachel Chen (UC Davis) shows how going circular by recycling end-of-life products can improve profit and reduce the corporate waste footprint.
By Daniel Halbheer
We, individuals and society, are faced today with many important decisions involving radical degrees of uncertainty. To better communicate on the current state of knowledge about uncertainty, and incorporate it into decisions, Brian Hill, CNRS and HEC Paris Professor of Economics and Decision Sciences, initiated the "Uncertainty Across Disciplines" project, interviewing 10 leading experts on the topic of uncertainty.
By Brian Hill , Itzhak Gilboa
Investor uncertainty plays a key role in economics, affecting asset prices and investment decisions. Getting a useful measure can be important to financial professionals and also government actors, to establish monetary policy. An HEC Paris researcher and two economists of the US Federal Reserve’s Board of Governors found a new way to gauge uncertainty: using data on internet clicks related to specific news.
By Thierry Foucault
The labor market is strongly polarized. What consequences on the society? Based on their latest research, professors of Economics Tomasz Michaslki and Eric Mengus explain this "Great Divergence", and give insights on how to find new ways to create added value, both in bigger and smaller cities.
By Tomasz Kamil Michalski , Eric Mengus
Ratings and rankings have become powerful tools in global governance, frequently used to motivate companies to be good corporate citizens. A wide range of environmental and social matters such as access to medicine, climate change, obesity and working conditions increasingly transcend national borders and escape the reach of national regulators. For such issues, who should set the rules about the responsibilities of corporations? How can corporations that are by definition designed to generate profit, be guided towards making decisions that benefit society as a whole? Afshin Mehrpouya and Rita Samiolo explore the process behind the production of these rankings.
By Afshin Mehrpouya
Major advances in complex technologies require the cooperation of a broad range of parties – a whole business ecosystem. Professors Sihem Ben Mahmoud-Jouini (HEC Paris) and Florence Charue-Duboc (Ecole Polytechnique Paris) studied the case of the nascent hydrogen energy ecosystem to investigate how experimentation contribute to the emergence and consolidation of the ecosystem itself, and the characteristics of such experimentation.
By Sihem Ben Mahmoud-Jouini , Florence Charue-Duboc
Denis Gromb is the Antin I.P. Chair Professor of Finance at HEC Paris. In this short video, he answers four questions, explaining his key findings about the consequences of the use of "collateral" on companies and society.
By Denis Gromb
Five years after its launch as a core course, Ethics and Sustainability is now one of the most successful courses in the HEC MBA program. Through a lively combination of debate, discussion, game playing, and surveys, see how this course leads students to question their own beliefs, gain an understanding of other points of view, and become better decision makers in the process.
Corporate diversification can be risky and costly, but the results of two researchers' latest study suggest that customer-centered companies may have a key advantage when it comes to such organizational change. Exclusive interview with Assistant Professor John Mawdsley (HEC Paris) on his and Professor Deepak Somaya’s latest research.
By John Mawdsley
Hugues Langlois, Assistant Professor of Finance at HEC Paris, shares the practical applications of his research about big data methodologies in finance, and how it provides a new tool to measure expected returns in international stock markets. A big step in the world of finance for asset managers and risk managers.
By Hugues Langlois-Bertrand