Behavioral Research Center (BRC)

Researcher: Dr. Mufaddal Baxamusa

In corporate finance, initial public offerings (IPOs) vary over time in a wave-like fashion. The research to date has offered a number of theories to explain this phenomenon. However, these explanations typically lack a clear mechanism through which the IPO waves propagate across industries. This is important, since waves are generally not localized to a single industry. Our research investigates how customer-supplier relationships can transmit shocks in one industry to another, creating an IPO wave.

Read Publication: Industry Networks and IPO Waves, Journal of Banking and Finance

Researcher: Aaron Sackett

When things go wrong in the relationship between business and a customer or employee, negative emotions naturally arise. Although there are exceptions, common customer- and employee-management practices often discourage the expression of negative emotions. However, this paper suggests that encouraging individuals to rate their negative emotions about an incident may benefit both the individual and the organization.

Researchers:
Teresa Rothausen,
Kevin Henderson,
Avinash Malshe
and James Arnold

Organizational research on turnover and retention tends to focus on job satisfaction or use exit interviews. But often those leaving are telling their former employers what they want to hear, so as not to “burn bridges.” The real story about why employees leave jobs, often a major life transition, go much deeper, to employees’ identities and life well-being. In our in-depth research study, we identified six elements of identity and well-being that were central in decisions to stay or go.

Read Publication: Should I Stay or Should I Go?, Journal of Management