What does an executive who leads a company that manufactures electric vehicles — and who is still struggling to address the challenges of that industry — know about managing a largely unprofitable social media company? Even in the best of circumstances, it would have been a questionable decision.
Airbnb, Uber and SiriusXM are each examples of what business scholars call beacons, companies that shine a light on a particular market space and confer legitimacy upon those that follow. But what happens to those followers when a beacon fails?
Gans Narayanamoorthy, professor of accounting, was selected as a 2022–23 Duren Professor by Newcomb-Tulane College. Narayanamoorthy was selected for his new undergraduate Risk Analytics course.
Cameron Verhaal’s paper “Authenticity-Based Connections as Organizational Constraints and the Paradox of Authenticity in the Market for Cuban Cigars,” co-authored with Oliver Hahl and Kevin Fandl, was accepted for publication in Organization Science. Verhaal is an assistant professor of management.
For a forthcoming paper, Assistant Professor of Accounting Lisa LaViers studied the voluntary CEO pay ratio disclosures of every firm in the S&P 1500, documenting and categorizing each example and analyzing its effect on share prices.