From the Dean's Desk

Merry Christmas!

Martijn Cremers

Martijn Cremers

Monday, 16 December 2024

It was great to see so many of you at our Christmas Party on Wednesday. I hope everyone enjoyed the food, decorations and gifts. Thank you to those who helped to organize the event: Meghan Huff, Joseph Torma, Reilly Fangman, Chris Grenert, Connie Varga, Wendy Walker and Shelley Arrendondo-Rice

Many of us will pause in the coming days before 2024 counts down to look back at the calendar year and to think about what 2025 may hold for us. 

We can find wisdom in the words of Pope Francis, who designated 2025 to be a Jubilee Year for the Catholic Church.

The Jubilee Year, which occurs every 25 years, begins on Christmas Eve when the pope opens the Holy Door of St. Peter's Basilica in Rome. It is a time for forgiveness and reconciliation in a world torn by war, disease, violence, extreme poverty and the climate crisis. Pope Francis declared the theme to be "Pilgrims of Hope"— a journey of renewal of faith and hope in Christ, and a resolution to bring hope to a despairing world:

“The coming Jubilee will thus be a Holy Year marked by the hope that does not fade, our hope in God. May it help us to recover the confident trust that we require, in the Church and in society, in our interpersonal relationships, in international relations, and in our task of promoting the dignity of all persons and respect for God’s gift of creation. May the witness of believers be for our world a leaven of authentic hope, a harbinger of new heavens and a new earth (cf. 2 Pet 3:13), where men and women will dwell in justice and harmony, in joyful expectation of the fulfillment of the Lord’s promises.”

Pope Francis’ words remind me of Father Bob Dowd’s inspiring inauguration speech, where he spoke of the University’s charge to be a bridge-builder in a world of widening chasms:

“If we are to journey toward truth together, and stay true to our mission, then we must hone our skills as bridge-builders and form the kinds of leaders we need in our world today:

People who know how to listen to others to ensure that all voices are heard in the search for truth.

Critical thinkers equipped with a clear moral framework to face life’s challenges.

Compassionate, servant leaders who can navigate complex issues with conviction and with courage, and bring out the best in others, with humility and humanity.

We owe each other as much. We owe our wider society as much.”

Mendoza College of Business has followed the charge of being a bridge builder since its founding. In this past year alone, these efforts have included the Powerful Means Initiative’s help in building a childcare center in Uganda, Frontlines in America’s work with the Summit Lake Paiute to restore economic sovereignty, ND Elevate’s support of leadership development for women and the International Business Fellows’ trip to Poland to explore firsthand the intersection of faith and business.

Our research continues to bridge the gap between scholars and practitioners to create benefits for society, exploring a broad range of current issues from gender bias online to ethical considerations of AI. To cite just a few examples: Alfonso Pedraza-Martinez’s research employed humanitarian logistics to find solutions to climate disasters of increasing magnitude. Ann Tenbrunsel applied her research expertise on ethical blind spots to the Holocaust, one of the most demonstrable examples of ethical failings in human history. CARE’s Accountability in a Sustainable World Quarterly bridges academic and practitioner expertise to new ideas about addressing climate change from a business perspective.   

This inspiring work is being done in the College every day to uplift those in greatest need and bring light where the challenges are the most daunting. I am thankful for all that you do.

May your year ahead be filled with hope and purpose. May we be bridge-builders in a world of need.

Merry Christmas to all.

In Notre Dame,

Martijn


Research Roundup

Dean Martijn Cremers

Dean Martijn Cremers

Monday, 9 December 2024

Here we are, in the last week of classes! Best wishes for all of the work related to the end of the semester.

I hope to see you at our Christmas Party from 3:30-5 p.m. on Wednesday (December 11) in Stayer Commons to celebrate the (almost) end of the semester and the Advent and Christmas seasons. 

We can also celebrate the tremendous accomplishments of our faculty in publishing research in top journals this year. Here are some recent papers:

Ahmed Abbasi, Joe and Jane Giovanini Professor of IT, Analytics, and Operations
Pathways for Design Research on Artificial Intelligence (Information Systems Research)
An expanding body of research is adopting a design perspective on artificial intelligence (AI), wherein researchers prescribe solutions to problems using AI approaches rather than describing or explaining AI-related phenomena being studied. This article highlights six major impediments for such research and uses the explosion in the state of the art for large language models to underscore each. The authors propose pathways for overcoming the impediments and use examples to illustrate how the pathways can be followed for different types of AI-related design artifacts.

Sarv Devaraj, Fred V. Duda Professor of Business
Uncertainty and Complexity in Healthcare Operations: How Hospitals Weather the Perfect Storm (Journal of Operations Management)
The research studies the effect of two sources of uncertainty in healthcare operations  — the variation in patient mix and patient volume — on healthcare outcomes of length of stay and number of procedures. The paper also examines the mitigational role of the operations concepts of focus and capacity utilization. Using a dataset of 830,853 patient discharges, the researchers find support for their hypotheses, while also finding considerable heterogeneity in the effects of uncertainty across hospital types.

Jianna Jin, Assistant Professor of Marketing
Avoiding Embarrassment Online: Response to and Inferences About Chatbots When Purchases Activate Self‐presentation Concerns (Journal of Consumer Psychology)
This research explores when consumers prefer chatbots over human service representatives: In purchase contexts where self-presentation concerns are active (e.g., buying diarrheal pills), consumers prefer chatbots (vs. human) because chatbots are perceived as having no “mind” (i.e., ability to think and feel). However, this preference weakens when chatbots are anthropomorphized (e.g., given human names and human profile pictures), as consumers mistakenly attribute more “mind” to these humanized chatbots.

Leandro Sanz, Assistant Professor of Finance
Unintended Real Effects of EDGAR: Evidence from Corporate Innovation (The Accounting Review)
This study examines the impact of the SEC’s EDGAR system on corporate innovation. While improved disclosure dissemination can lower firms' cost of capital, it may also increase proprietary disclosure costs, potentially discouraging innovation. The researchers find that EDGAR-filing firms reduce innovation investment, while technology rivals and private firms increase theirs. These results highlight how increased disclosure dissemination can deter investment in innovative projects with returns dependent on information spillovers.

Brittany Solomon, Thomas A. and James J. Bruder Assistant Professor of Administrative Leadership
Liberal Versus Conservative Distrust: A Construal-level Approach to Dissimilarity in the Workplace (Journal of Applied Psychology)
This research challenges the assumption that dissimilarity to others uniformly undermines trust in the workplace, where cross-party and cross-race interactions are structurally induced. Five studies demonstrated that liberals tend to view their conservative (politically dissimilar) coworkers as less trustworthy people in the world and refrain from disclosures to them, while conservatives tend to view their racial out-group coworkers as less trustworthy in their jobs and refrain from relying on them at work.

Thank you to Ahmed, Sarv, Jianna, Leandro and Brittany for your research contributions.

In Notre Dame, 

Martijn


Guest Column: Tracy Biggs

Tracy Biggs

Tracy Biggs

Tuesday, 3 December 2024

The never-ending search for the right temperature

Have you ever felt like Goldilocks searching for the “just right” temperature in your office or a classroom in Mendoza? Imagine trying to find the perfect temperature for up to 2,000 people on any given day — in Indiana. It feels like an impossible task, especially in a nearly 30-year-old building with almost 200,000 square feet! 

To help us figure it out, Mendoza embarked on a retro-commissioning project with our campus facilities partners and a third-party vendor, Emcor Havel, to focus on occupant comfort, improving energy efficiency and system functionality. This project began in early summer and is nearing completion. 

Here is more information:

What is Retro-commissioning?

Retro-commissioning is a proactive approach to maintenance intended to improve the functionality of the building and the reliability of the heating and air conditioning equipment. This process seeks to restore the building’s heating and air conditioning system to its intended performance by testing each component within the system making any necessary repairs or calibrations. Once the system is fully functional, final tuning and optimization can occur, resulting in better temperature control and energy savings. 

What has been identified?

In some cases, spaces were too hot (thermostats set incorrectly, broken controls, inconsistent airflow); in other cases, spaces were too cold (dampers were stuck open). The project involved recalibrating systems, adjusting schedules, and fine-tuning sensors to make our spaces operate within the University standards. Along the way, several unusual issues (IT closet ventilation issues, equipment failures) were identified during this project and will be corrected allowing for a more consistent experience.

What can we expect next?

Systems will continue to be recalibrated over the next several months, with a completion date of March 2025. Campus Utilities has identified a number of thermostats in Mendoza that are reaching their end of life and is actively working on a replacement plan that will move the facility to Direct Digital Control (DDC), which allows for better control and communication with the University’s systems. In the meantime, thermostats are being replaced as they fail or malfunction.

As a reminder, the University thermostat set-point guidelines, which were established in the Spring of 2009 to reduce energy consumption on campus, are as follows: 

  • For occupied spaces, sensors maintain each room’s temperature between 70° and 75° during the time of occupancy but allow fluctuations within this range to optimize energy efficiency by minimizing the use of mechanical systems.
  • For vacant spaces, temperatures are allowed to fluctuate further for additional energy savings with the range expanding to 67° to 78°. 

Temperatures will adjust accordingly when movement is detected. Please allow 15-30 minutes for the temperature of the space to adapt. If the thermostat in your office/classroom is not responding or cannot maintain the desired temperature, please email MendozaFixIt so that a work order can be created. If the issue persists, a Mendoza Facilities team member will follow up with Campus Controls to resolve the issue. 

We appreciate all of the cooperation in helping us achieve our sustainability goals while creating an environment where everyone can thrive. We are committed to providing a comfortable environment that promotes well-being, drives productivity and creates a positive workplace culture.  

A special thanks to our dedicated Facilities Team: Chad DeWeese, Ron Grisoli and Dana Pierce. Thank you for your hard work, attention to detail and the pride you take in keeping our facilities running smoothly.

Sincerely in Notre Dame,

Tracy

Tracy Biggs
Executive Director, College Operations & Finance


Guest Column: Sister Andrea Lee

Sister Andrea Lee

Sister Andrea Lee

Monday, 25 November 2024

Thanksgiving always comes right between Founder’s Day (November 10) in my religious congregation and the feast of the Immaculate Conception (December 8) when we renew our vows each year. In this world where peace and well-being seem so frighteningly elusive, this year I’m centering my gratitude more narrowly on something much more immediate and personal the arrival in my life of my Haitian son almost 30 years ago. So I dug through my journals to share my written recollection of that night:

March 8, 1996

My anxious but unspoken thoughts collide with the roar of industrial vacuums thundering down the empty hallway in the Newark Airport terminal. Closer to the gate, my steps quicken and echo in the now eerily empty airport. On this early March night, the plane from Port-au-Prince is late – very late, and it’s cold — bone-chilling cold. 

Competing emotions fight for dominance — anticipation, fear, wondering how it will be to see him again. Thinking too about how he might be feeling, knowing he had no real say in coming to the U.S., in coming to me. Taken from the orphanage to the airport; unexpectedly alone on the plane. I already love him; our weeks together in early December had knit him tightly into my heart. I know I can love him more and I’m hoping for the same from him. 

My neck cranes to watch the passengers deplane as I try to recall the contours of his small dark face. At nearly 1am, a solitary child walks off the plane. He recognizes me! My soul smiles as it remembers his sweet ways.

His green jacket is unzipped; several sizes too big; not warm enough anyway. A bright fuchsia t-shirt dwarfs his tiny frame; a small, tightly gripped bag carries all he knows as his own. My first thoughts — so small; so fragile; so brave. He will need a warmer coat. He will need a lot.

He is exhausted. He is eleven. A quick and tight hug; a few stumbling words he doesn’t yet understand and we step together into the frigid night, neither truly aware of the adventure ahead. I whisper to myself, “He is my son,” and feel grateful, humble and drenched in grace. This will be good. I’m hoping he’s thinking the same.

Most significant in the aftermath of that day and the ensuing years: how life-altering it can be to remain open to surprise. For me, the most stunning manifestation of this was not twice becoming a college president, not completing a Ph.D., not performing music, nor leading institutions, but the unexpected discovery of myself as a mother at age 47 entering in with the blessing of my Congregation’s leaders; embracing possibility; and being changed forever by it.

Each of us has had these moments of surprise, opportunity and choice when we can engage, or we can walk away. So perhaps this Thanksgiving, amid this shattered world in which we live, you will swim like me in a sea of gratitude for whatever has brought grace and joy into the intimate circle of your life. 

Andrea Lee, IHM
Lead Faculty and Staff Chaplain


Research Roundup

Dean Martijn Cremers

Dean Martijn Cremers

Monday, 18 November 2024

Thank you to all who attended the University Chair Lecture delivered by Jason Colquitt on Thursday. Jason delivered an excellent talk that detailed his research career and helped us all understand his important work on justice and trust in the workplace. We will provide the link to the video of his talk as soon as it becomes available. 

Here are recent papers published or accepted by top academic journals:

Nicholas Berente, Professor of IT, Analytics, and Operations
John Lalor, Assistant Professor of IT, Analytics, and Operations
The Effect of Bots on Human Interaction in Online Communities (MIS Quarterly)
Artificial intelligence agents, or "bots," are becoming ubiquitous. To get a sense for how bots impact human to human interaction, the researchers studied Reddit — an online environment that is increasingly incorporating bots across its communities. In analyzing over 70 million posts, the authors found that different types of bots have different effects. Specifically, "reflexive" bots — those agents that generate and disseminate content — generally increase the breadth of interaction among different humans, but generally decrease the depth of interaction among specific human pairs.  Further, "supervisory" bots — those agents that manage the appropriate forms of interaction in communities — generally reduce the popularity of the most central humans in a community. 

John Busenbark, Mary Jo and Richard M. Kovacevich Associate Professor of Management & Organization
How Music Theory Can Inform Competitive Dynamics: Anticipatory Awareness and Successful Preemption (Academy of Management Review)
Navigating competitive interactions is a vital determinant of firm performance. Whereas research has primarily focused on how firms observe and react to their rivals' strategic actions, the authors shift the focus to proactivity and offer insights about how firms can anticipate their competitors' upcoming strategic moves and preempt them. They specifically draw from tenets of music theory to argue that managers’ ability to do so stems from interpreting contemporaneous and sequential cues from their rivals.

Zhi Da, Howard J. and Geraldine F. Korth Professor of Finance
Fractional Trading (Review of Financial Studies)
Fractional trading (FT) — the ability to trade less than a whole share — removes barriers to high-priced stocks and facilitates entry by capital-constrained retail investors. This research observed a surge of tiny trades among high-priced stocks compared to low-priced stocks after the FT introduction. These tiny trades, when coordinated during attention-grabbing events, are forceful enough to exert large price pressure on high-priced stocks, and even fuel Meme stock-like trading frenzies and bubbles.

Peter Easton, Notre Dame Alumni Professor of Accountancy
Stephannie Larocque, Notre Dame Associate Professor of Accountancy
Private Equity Fund Reporting Quality, External Monitors, and Third-Party Service Providers (The Accounting Review)
The researchers describe variation in the reporting quality of private equity (PE) funds across external monitors and third-party service providers. In contrast to public markets, they find only limited evidence that reporting quality varies with investor types. They observe, however, that reporting quality varies with auditor involvement and the use of third-party service providers. This evidence is important to investors and regulators, especially now that PE supersedes public markets as the main vehicle to raise capital.

Frank Germann, Viola D. Hank Associate Professor of Marketing
Getting the Board on Board: Marketing Department Power and Board Interlocks (Journal of Marketing Research)
The study examines how the power of marketing departments (MDP), a key driver of organizational outcomes, is influenced by board interlocks — directors serving on multiple boards. Analyzing 6,008 firms (2007–2021), the findings reveal that MDP in board-interlocked firms positively affects MDP in focal firms. Contrary to claims of diminishing board interlock effects, the influence remains robust, particularly when firms’ interlock networks have greater reach, richness and receptivity. The study underscores the board's role in sustaining MDP.  

Cindy Muir (Zapata), Professor of Management & Organization
Seeing “Eye to Eye” About Our Relationship Makes Me Good at Being Fair: A Study of LMX Agreement and Fairness Efficacy (Organization Science)
The importance of fair treatment within organizations is clear. What is less often discussed however is the value of supervisors and employees “seeing eye to eye.” This work demonstrates how the dynamic interplay between leaders and followers, and in particular — how aligning perceptions of leader-member exchange (LMX) quality — is key to fostering fairness at any level of relationship quality. By enhancing each party’s perceptions of fairness, agreement on the quality of the exchange relationship (LMX agreement) indirectly leads to supervisors becoming more confident in their fairness-related abilities, and employees performing at higher levels. Generally, findings reveal that achieving LMX agreement improves perceptions of fairness that can create a self-reinforcing fairness-efficacy spiral, benefiting both supervisors and employees beyond the immediate relationship.

Thank you to Nick, John L., John B., Peter, Stephannie, Frank and Cindy for their contributions.

In Notre Dame,

Martijn

Martjin Cremers
Martin J. Gillen Dean
Bernard J. Hank Professor of Finance

 

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