research@hec - Issue #9 - (Page II)

Many people believe that business between the globalization of audit firms and that of multinaschools are hardly in a position to tional corporations; the study of governance schemes and the speak about society, its function, or attribution of management benefits; sustainable development social movements. Management is rhetoric and initiatives; links between social movements and perceived as a purely technical and changes in company and industrial identities. In fact, the role of largely self-centered discipline. organizational identity is the theme of the July 6-9, 2009 session “Organization, Business, and Society” of Medici Summer School, held in Florence and co-organized by has been conceived to reveal the New York University, the University of Bologna, and HEC for 25 contributions of several decades of of the best international doctoral students and professors from investigative research on connections MIT, Stanford, NYU, Bologna, and HEC. between comRodolphe Durand panies, markets, “Organizations” fit in between markets and individuals; organizational sociology, and management what we are interested in is the place where society practices. This research has influenced the views and actions of numerous economic and and organizations meet. political observers, critics, and leaders. In universities and business schools, and especially at HEC, management research and instruction is built not only upon technical know-how, but also upon consideration of historical and social issues that influence business decisions and actions. As a business school, HEC has the responsibility to provide and create knowledge about the workings of public and private organizations and to thus enhance economic and political decision-making processes. Traditional economists cannot do this, because their anthropological biases distance them from the real practices of organizational players, and their sociological presumptions about how markets work are too often overly simplified. Sociologists are equally unsuited for the task, because they tend to get caught up in structural conceptions of society; they are unable to step far enough away from the notion of the individual in an organized setting. “Organizations” fit in between markets and individuals; what we are interested in is the place where society and organizations meet. An interdisciplinary initiative, “Organizations, Business, and Society” focuses on numerous issues. This includes, for example, the history of the accounting profession and links Rodolphe Durand is a professor in the department of strategy and business policy at HEC Paris. “Organizations, Business, and Society” will also allow for discussion and analysis of many issues currently affecting French and international social and economic horizons. Management schools, starting with HEC, should express their views of these issues more clearly and deliberately. “Organizations, Business, and Society” will provide food for thought and action on issues including, just to name a few, the economic crisis, the impact of standards and regulations, the digital revolution, new customer behaviors, and new business models. I Organization, Business, and Society research HEC is launching an initiative to explore the role of business in society. Rodolphe Durand, who is part of the launch effort, provides an inside look. hec II research@hec • June-July 2009

Table of Contents for the Digital Edition of research@hec - Issue #9

Cover & Contents
Organization, Business, and Society
Inter-Stock Market Competition and Market Liquidity
Sales Force Compensation: TheWeight of Net
IFRS: The Revolution That NeverWas (at least not yet!)

research@hec - Issue #9