Grenoble School of Management

About: Grenoble School of Management is a education organization based out in Grenoble, France. It is known for research contribution in the topics: Context (language use) & Business model. The organization has 359 authors who have published 1167 publications receiving 23515 citations. The organization is also known as: Grenoble École de management.

Financial Bounds for Insurance Claims

Abstract: In this paper insurance claims are priced using an indifference pricing principle. We first revisit the traditional economic framework and then extend it to include the presence of a complete financial market. In this context we derive lower bounds for claims' prices, and these bounds correspond to the market prices of some explicitly known financial payoffs. In particular we show that the discounted expected value is no longer valid as a classical lower bound for insurance prices in general, and has to be corrected by a covariance term which reflects the interaction between the insurance claim and the financial market. The paper is illustrated by examples with equity-linked insurance contracts subject to financial and mortality risk.

Worlds, words, and spaces of resistance: Democracy and social media in consumer co-ops:

Abstract: This article explores how members of one of the largest Canadian consumer co-ops, reacting to what they saw as an assault on its democratic principles, use social media to try resisting the attempt...

The effects of indication of local geographical origin on food perceptions

Abstract: This research examines the impact of a local origin label on perceptions and purchase intent regarding food products. It also reveals the psychological mechanism specific to local origin to explain these effects. Two experiments, conducted on a total of 632 consumers, show that cheese (Study 1) and apples (Study 2) are perceived as healthier, better tasting, and more respectful of the environment and the work of farmers when they are presented as local foods (as opposed to national or from another “region”). Purchase intention is also higher when products are labeled as locally sourced. Study 2 shows that these effects can be explained by construal level theory. Local produce is perceived as spatially and psychologically closer by the consumer, who can thus picture more specifically how it was grown and prepared, and this in turn positively influences perceptions and purchase intent. These effects are measured on products that are not typical of the territory. They persist regardless of the degree of loca...

Perceived Managerial and Leadership Effectiveness in UAE and Egypt: A Comparison through the Combined Lenses of Islamic Work Ethics and Islamic Leadership

Abstract: We conduct an emic replication study of managerial and leadership effectiveness in UAE, thereby addressing the paucity in extant literature of indigenous management research in non‐Western countries. Second, we compare our findings from the UAE study with those from a similar study previously conducted by author 3 in Egypt, to reveal that there are considerable similarities in the perceived effectiveness and ineffectiveness of managerial behavior across these two countries, but also considerable differences. Finally and most importantly, we examine the findings from the two studies through the combined conceptual lenses of Islamic Work Ethics (IWE) and Islamic Leadership (IL). We find that more than half of positive and negative Behavioral Statements emerging from these studies are grounded in the principles of IWE and IL, implying that these principles exercise significant influence on followers’ Implicit Leadership Theories, and consequently their perceptions of managerial and leader behaviors. Theoretical and managerial implications are also offered.