HEC Paris

About: HEC Paris is a education organization based out in Jouy-en-Josas, France. It is known for research contribution in the topics: Market liquidity & Entrepreneurship. The organization has 584 authors who have published 2756 publications receiving 104467 citations. The organization is also known as: Ecole des Hautes Etudes Commerciales & HEC School of Management Paris.

How Much Does Investor Sentiment Really Matter for Equity Issuance Activity

Abstract: We study the extent to which investor sentiment matters for aggregate equity issuance activity. We focus on firms that are susceptible to investor sentiment and for which accurate measures of economic fundamentals are available. While sentiment on its own matters for equity issuance, it matters relatively little once we control for accurately measured fundamentals. Collectively, proxies for sentiment explain roughly 10 percentage points of the time-series variation of equity issuance beyond the roughly 40% explained by fundamentals. We conclude that investor sentiment does not seem to matter very much for aggregate equity issuance activity.

Management industriel et logistique

Abstract: Cet ouvrage totalement refondu presente une approche globale du management de la Supply Chain sur les plans conceptuels et methodologiques, pour les entreprises industrielles, mais aussi de distribution et de services Il couvre l'ensemble de la chaine logistique, depuis les achats jusqu'a la distribution physique, et reflete une vision integree de la fonction, en detaillant l'ensemble des decisions strategiques, tactiques et operationnelles Il traite aussi des aspects organisationnels et approfondit la mesure et le pilotage des performances L'ouvrage s'adresse aux etudiants d'universite, aux eleves des grandes ecoles d'ingenieurs et de gestion, aux participants de programmes MBA, ainsi qu'aux cadres de l'industrie recherchant une reflexion globale et appliquee Ce texte est complete par la mise a disposition d'un site internet, offrant une serie de prestations additionnelles avec des mises a jour regulieres: questions de reflexion, exercices, mini-cas d'application et questionnaires a choix multiples Les professeurs de management pourront y trouver des aides pedagogiques

Integrated care for the management of ageing-related non-communicable diseases: current gaps and future directions.

Abstract: Due to the increase in the older population in Europe and associated rise in the absolute number of persons with Non-Communicable Diseases (NCDs), it is becoming increasingly important to find ways to promote healthy ageing, which is defined as the process of developing and maintaining the functional ability that enables well-being in older age. Older persons with NCDs can have complex care needs due to the increased risk of frailty, multimorbidity, and polypharmacy. However, current health systems in Europe often provide fragmented care for older people with NCDs; many receive disjointed care from numerous specialists or via different levels of care. In the current article, we discuss barriers and challenges in implementing integrated care models in European settings for older NCD patients. Specifically, we discuss the need for greater use of case managers in the care and treatment persons with complex care needs as well as the lack of training and education in healthcare professionals on topics related to multimorbidity, frailty, and polypharmacy. We discuss the limitations that arise from the current focus on disease-specific guidelines and care models that do not take comorbid conditions into account, and the lack of good quality evidence that evaluates the effectiveness of integrated care interventions, especially in European health settings. We highlight the importance of evaluating and monitoring mental health in conjunction with somatic symptoms in NCD patients and discuss the integral role of information and communication technology in healthcare to streamline integrated care processes and help to achieve better outcomes for patients.

The Role of Cultural Communication Norms in Social Exclusion Effects

Abstract: Previous research suggests that when social exclusion is communicated in an explicit manner, consumers express preferences for helping, whereas when it is communicated in an implicit manner, they express preferences for conspicuous consumption. However, this may not always hold true. In the present research, we put forward a theoretical framework explaining that exclusion effects depend on the extent to which exclusion is communicated in a culturally normative or counter-normative manner, rather than whether it is communicated in an explicit or implicit manner. We show that exclusion communicated in a cultural norm-congruent manner produces preferences for helping, whereas exclusion communicated in a cultural norm-incongruent manner produces preferences for conspicuous consumption. We further show that the differential needs – self-esteem and power – threatened by normative and counter-normative exclusion explain these distinct preferences.