Business Management Blog

Christopher Marquis and Julie Battilana develop an institutional theory of how local communities continue to matter for organizations, and why community factors are particularly important in a global age. Since globalization has taken center stage in both practitioner and academic circles, research has shifted away from understanding effects of local factors. In their paper, entitled [...]

Hedge funds have historically lodged in a dark corner of the investment universe, where investors and regulators were happy to leave them. There they have rested, mostly in the investment portfolios of the wealthy clients of private banks as tools to preserve wealth. But institutional investors – the big pension funds, local authorities, charities and [...]