Enacting long-lasting solutions
This campaign is sharing the best practices from its wider community to facilitate access to all levels of expertise and influence internal and external stakeholders (society at large). Together, we must unite, facilitate, collaborate, and disseminate. Together, we all have a role to play.
What we decide today will impact our future so we are calling on everyone to come together to share, learn, and act.
Change is here. Let's play our role in it!
Economic 1st Responders is a response team of Nova SBE with Deloitte and DNA Cascais, to help small and medium enterprises in the Cascais Municipality that have been, and continue to be, affected by the Covid-19 pandemic.
Prof. Pedro Neves, member of the Leadership for Impact Knowledge Center at Nova SBE, is conducting an international study coordinated by Prof. Rolf van Dick regarding perceptions of leadership and work practices during these times of pandemic. We kindly invite you to support our researchand answer this anonymous survey in Portuguese that will take you around 15m to complete, and feel free to share with your professional contacts. https://ww3.unipark.de/uc/ffm_uni_sozpsy_ILI2_portugal/
We use the U.S. mutual fund industry to study the relation between team diversity and performance. Focusing on diversity concerning political ideology, we find that diverse portfolio manager teams outperform homogeneous teams and have a higher active share and tracking error. These results are robust to controlling for manager and family fixed effects, as well as other dimensions of diversity, manager political connections, and incentives. We also find that political polarization has strong limiting effect of diversity on performance, consistent with a reversal of the benefits of diversified perspectives when external forces negatively affect team trust and cooperation. In assessing possible mechanisms for the observed out-performance, we find evidence consistent both with improved decision-making due to the increased variety of perspectives, as well as increased monitoring by heterogeneous team members. Lastly, in exploring why diverse teams are not more prevalent in the industry, we find that entrenched managers prefer homogeneous teams and that local labor markets are constrained in their supply of ideologically diverse managers.
Shareholders' right to sue corporations and managers for breach of securities laws is a controversial investor protection mechanism whose impact on equity value is unclear. Using exogenous variation incourts' ideology concerning the protection of outside shareholders vis-a-vis corporations, we establish that strengthening the right to sue causes equity value loss. The loss only partially stems from mechanisms proposed in prior literature, such as direct and indirect litigation costs. At the same time,stronger right to sue distorts managers' incentives toward corporate disclosure, triggering larger information asymmetries, higher cost of capital,and hence reduction in the value of equity.
The Spanish Christmas Lottery is the largest lottery worldwide. We exploit local windfall gains arising from lottery prizes to estimate the effect of income on entrepreneurship. We find higher firm creation and greater self-employment in winning provinces. Our estimate simply that 46 firms are created for every €1,000 increase in disposable income per capita. The effect occurs in both non-tradable and tradable industries andis more pronounced in regions with poorer access to finance. Firms created in winning provinces are larger, create more value-added, and are more likely to survive. These results suggest that local income and financial development are important drivers of entrepreneurship.
The second edition of Nova School of Business & Economics' Social Leapfrog program will be open to applications from June 1 until June 15. Social organizations based in Portugal will have the opportunity to participate in a free reflection and capacitation program for three years. The Social Leapfrog program is part of the Social Equity Initiative, a BPI, "la Caixa" Foundation, and Nova SBE partnership, led by Nova SBE's Leadership for Impact Knowledge Center.
Organizations that wish to be part of this program should apply online from June 1 until June 15 on this page.
Pharmacies lower OTC drug prices by 4-6% following the entry of a supermarket among their main competitors. Find here the complete research
The Data for Change program aims to develop Data Science pro bono projects, in partnership with Portuguese Social Impact Organizations .
In this interview, Maria A. Cunha-e-Sá highlights the importance of spatial analysis in the study of land use and climate change.
A series of podcasts from Fidelidade Studio with the presentation of Laurinda Alves and support from Nova SBE, through the Academy of Purpose.
MarES recognizes that global changes in climate and human activities may affect the utilization of marine ecosystem services.
How can Health Agents be motivated to achieve the greatest impact in improving health outcomes in developing countries? This study investigates to what extent a model in which non-financial incentives are offered on top of basic monetary benefits can result in a sustainable and effective system to incentivize CHAs in developing countries.
The Nova SBE Data Science Knowledge Center, in partnership with the Nova SBE Leadership For Impact Knowledge Center, launched a survey to identify which were the main negative impact COVID-19 had on social organizations in Portugal.
This study intended to identify the main negative impacts tacklingthird sector organizations, in order to share such information with the generalPortuguese Society, the Media, the Government, the Entrepreneurs, theVolunteers, the Donors, the Funders, among others, so that proper support andsolutions can be created.
In total, 232 organizations responded to the questionnaire,distributed throughout the national territory. The conclusions of this survey are available, in Portuguese, here.
To help all the volunteers and professionals who are helping us fight the current COVID-19 situation, the Nova SBE Data Science Knowledge Center curated a list of trustworthy data science-oriented resources, which has now been made available.
These quarantine days have taken us one of our greatest pleasures - to sit at a cafe debating what we like. That's why four Nova SBE Alumni have decided to take advantage of one of these student's existing podcast and create a segment in which they can debate and also show that conversation to the world. Every 15 days, they gather around to talk about society's most pressing issues focusing primarily on economics and politics, but no one is safe from their critique, or they reinforced trust.
Francisco Carvalho Araújo, a Nova SBE alumnus, living in London, created Dress for Awareness. Dress for Awareness is a non-profit project consisting of t-shirts with meaningful messages or taglines that aims to explore COVID-19 and other troubling issues that demand the public's awareness, such as the refugee crisis and mental health.
The Nova SBE Social Leapfrog Program launched a database aimed at centralizing all measures to support the social sector amid the COVID-19 crisis. A number of volunteers (students, faculty, staff, and partners) continuously update the database.
This is an informal survey that is conducted by the Nova SBE Health Economics & Management Knowledge Center every two weeks about how people are living under the lockdown. The online survey is intended for people residing in Portugal and who understand the Portuguese language, concerning the effects of COVID-19.
The platform "Eu Voluntario-me" intends to bring together all the people who do not belong to a risk group but live with people from a risk group and are willing to help.It allows volunteers to register in a platform where the institutions will recruit them. Check their website so you can learn how to register.
Are you familiar with Covid.pt? It is an initiative launched by different companies aimed at putting together all the challenges related to this pandemic and helping organize ideas to solve them.There are several ways you can help and contribute: you can submit ideas,analyze the ones that were already submitted and suggest improvements, or help implement some of them. Get involved.
Nova SBE Alumni, Portuguese professionals who work abroad in the areas of Strategy, Creativity, and Recruitment, created a website where they provide their contact information and expertise and answer your questions. Visit the website and get in touch! Together we are stronger.
"Patient Innovation – COVID-19" launched the first 50 solutions developed by citizens to prevent and treat COVID-19. These solutions include medical equipment and community initiatives to overcome the difficulties created by social isolation.
Findings on unconventional monetary policy and trade credit flows are important to understand the effects of the recent Pandemic Emergency Purchase Programme (PEPP) in the real economy.
What is the attitude of people in Europe towards COVID-19and the associated risks and preventive measures? This study is the only to date to examine the attitudes and acceptance of preventive measures in several European countries based on evidence.
With this project, virtual babysitting is done through playful and educational activities. Two complementary services are also provided: KidCoaching and Clinical Therapy with a psychologist.
The EuropeanCommission, led by the European Innovation Council and in close collaborationwith the EU member states, will host a pan-European hackathon to connect civilsociety, innovators, partners, and investors across Europe to developinnovative solutions for coronavirus-related challenges.
Our alumnus João Duarte founded the menos hub – an impactful startup. Due to the current situation, menos hub launched the #compraaospequenos movement to support small businesses that are trying to reinvent themselves to satisfy their clients' needs.
Salvador Barros, a member of the Nova SBE Co.Innovation Lab, is volunteering since Day 1 for the #tech4COVID19 movement.
The Santander Uni-COVID19 Awards aims at promoting and supporting projects and ideas that can contribute to solving the challenges we are facing with the current pandemic. The award amounts to 5000€, and applications can be related to existing initiatives or new ideas to be developed in Portugal. Read the regulation (in Portuguese) and apply now. To access how many people are willing to help or if you need help with your application, send an email to email@example.com and let them know you are thinking of applying.
Jerónimo Martins is giving away fresh fruit, water, milk, and juices to six public hospitals in the country. This support can be made available to other national public hospitals upon request by sending them an email.
In response to COVID-19, Médis joined the National Pharmacy Association’s initiative, and both entities are now doing home deliveries of medicines, making this service available to its customers free of charge.
Fidelidade is providing home care services for free that include deliveries of essential goods and medicines, repair services, and technological assistance, among others for Health professionals. These also include the donation of 1 million masks and 200 thousand tests free of cost.
The Cascais Municipality is making a few local schools available to welcome the children of workers who were mobilized by their employer or public authority. Their opening hours are from 9.00 am to 5.00 pm and lunch is included as an additional aid.
The Cascais Municipality launched a group of measures to support companies. Learn more by checking their official website.
In partnership with the Gulbenkian Foundation, EDP donated 100,000€ to the COVID-19 Digital Solutions Initiative. It aims at supporting the implementation of 20 digital projects to promote public health and mitigate the effects of the coronavirus.
CTT transports approximately 500 cubic meters of medical protective equipment from China, an essential operation in the context of the COViD-19 pandemic.
The Gulbenkian Foundation launched an emergency fund to reinforce society's resilience in the areas of Health, Science, Civil Society, Education, and Culture. The fund is accepting contributions from other donors.
Hovione is helping to develop a cure for COVID-19 disease alongside other partners. Hovione contributes to the "production of a key component" for "talvez no outono," a new molecule being tested.