EMI offers grants to tenured and tenure-track Johnson faculty members to support research on emerging markets with the goal of publishing articles in the top-tier refereed academic journals in a variety of management disciplines.

2014 Grant Recipients

Effectiveness of Human Newsvendors - Role of Cognitive Load, Cultura, Attributes, and Contribution Margin

  • Srinagesh Gavirneni, Johnson at Cornell

Funds Used For:
Operating laboratory experiments in China and the U.S. Travel assistance for Johnson faculty to travel to China and Fudan University faculty to travel to Cornell.

Initial Thesis:
The research pertains to inventory decision making under varying degrees of cognitive load, and how do Chinese decision makers react differently from their American counterparts. It continues to tabulate the differences and similarities to tease out the varying cultural and psychological reasons.

Stock Liquidity and Dividend Policy, Evidence from a Natural Experiment

  • Roni Michaely, Johnson at Cornell
  • Meijun Qian, NUS Business School
  • Jian, Zhang, NUS Business School

Funds Used For:
Data collection

Toward a Distinction Between Assertive vs. Suppressive Dominance: A Cross-National Study of Status Attainment in the U.S., China, and South Korea

  • Ya-Ru Chen, Johnson at Cornell
  • Hye Jung Yoon, Johnson at Cornell

Funds Used For:
Data, and travel. Interviews with senior executives across multinational organizations.

Spatial Network Effects on Salesforce Turnover and Customer Retention in the Chinese Insurance Industry

  • Vithala Rao, Johnson at Cornell
  • Jialie Chen, Johnson at Cornell
  • Hwang Kim, Johnson at Cornell

Funds Used For:

Operational Volatility and Suppliers in Emerging Markets

  • William Schmidt, Johnson at Cornell

Funds Used For:
Purchasing of database, research assistant support for manual data manipulation, scrubbing, and merging

Initial Thesis:
The research questions to be examined include: Under what circumstances are firms more or less likely to utilize suppliers from emerging markets? What are the consequences of that choice on the level and volatility of firm operational performance? What factors (including firm, supplier, product, industry, and market characteristics) influence the magnitude of those consequences?

Impact Investing in Emerging Markets

  • David Ng, Dyson at Cornell

Funds Used For:
Data, research assistance, and field research

Initial Thesis:
The project studies impact investing in emerging markets and how for-profit investors' funds can be directly towards high quality development projects.

2013 Grant Recipients

Assessing the Market Performance of Sustainable Innovations in Developing and Developed Markets

  • Sachin Gupta, Johnson at Cornell
  • Shailendra P. Jain, University of Washington
  • Sanjiv Kakkar, EVP - Unilever Russia

Funds Used For:
Data, travel and research assistance

Initial Thesis:
We study the performance of sustainable innovations in consumer markets in developed and emerging countries.

Evolution of Corporate Social Responsibility in Peru’s Mining Industry - A Longitudinal Analysis using Machine Learning

  • Srinagesh Gavirneni, Johnson at Cornell University
  • Charles Vincent, Pontifica Universidad Catolica Peru

Funds Used For:
Data Collection, Interactions with company executives, social activists and policy makers, Software Development

Initial Thesis:
We intend to study how corporate social responsibility (CSR) is implemented within the mining sector in Peru, with a specific emphasis on how the CSR reports have evolved over time. We hypothesize that they have become more action-oriented, easier-to-read, and locally focused. We also intend to analyze the connection (or lack thereof) between the published reports and the physical actions in the field.

2012 Grant Recipients

Security Transaction Tax, Trading Behavior and Market Quality in China

  • George P. Gao, Ph.D., Johnson at Cornell
  • Pengjie Gao, Ph.D., University of Notre Dame
  • Yongxiang Wang, Ph.D., University of Southern California

Funds Used For:
Data and field work

Initial Thesis:
We exploit several regulatory reforms of security transaction tax (STT) and a proprietary dataset of order flows and trades in China. Our goal is to examine the effects of STT on price efficiency, market quality, and trading behaviors of different types of investors.

What’s Different about Islamic Finance

  • Warren Bailey, Professor of Finance, Johnson at Cornell
  • Wei Huang, Ph.D., University of Hawaii
  • Ghon Rhee, Ph.D., Univeristy of Hawaii
  • Zhishu Yang, Ph.D., Tsinghua University

Funds Used For:

Initial Thesis:
We seek to study the valuation impact and user characteristics of Islamic style finance in countries that feature both conventional and Islamic financing to listed corporations.

Equitable Allocation of Surface Water in Indian Agriculture: Identification and Implementation of Effective and Practical Strategies

  • Srinagesh Gavirneni, Associate Professor of Operations Management, Johnson at Cornell

Funds Used For:
Interviewing farmers,irrigation engineers, and policy makers. Collecting data on farm sizes, location, water availability and management.

Initial Thesis:
Indian agriculture has not experienced the phenomenal growth rest of the country has. Recognizing that scarcity of water and its efficient use are critical for the success, we focus on some of the pertinent issues, formulate data-driven models, and develop solutions that are effective, efficient, and implementable.

2011 Grant Recipients

Competition between Organized and Traditional Retailers in Emerging Markets: A Household Level Analysis of Store Format Choices in India

  • Vithala Rao, Deane W. Malott Professor of Management, Professor of Marketing, Johnson at Cornell
  • Vishal Narayan, Assistant Professor of Marketing, Johnson at Cornell
  • K. Sudhir, James L. Frank '32 Professor of Private Enterprise and Management, Professor of Marketing & Director, China India Consumer Insights (CICI) Program, Yale School of Management

Funds Used For:
Data collection from consumers and retailers on the organized retails sector in India. EMI grants also enabled a leveraging of funds from the Marketing Science Institute, and the Cambridge and China-India Consumer Insights Program (Yale).

Preliminary Results:
Both high and low socio-economic households adopt more often and spend more on modern retail relative to medium socioeconomic households. High socio-economic households buy from modern retail for higher quality and variety, while low socio-economic households buy due to low prices and lower opportunity cost of time. Given the substantially larger size of lower socio-economic households in emerging markets, it is critical for modern retailers to appeal to lower middle class customers even in the early stages of entry.

Business and behavioral ethics in developing markets: What do we really know about best practice?

  • James R. Detert, Associate Professor of Management and Organizations, Johnson at Cornell
  • Sean Martin, doctoral student, Johnson at Cornell

Funds Used For:
Senior management interviews with an Indian multinational firm, data collection, and foreign travel expenses.

Preliminary Results:
Wave 1 responses in a multi-phase, multi-method, quasi-experimental study have been received from 1000 employees. Descriptive analyses from wave 1 forthcoming soon. Additional collaborations are also being explored, which could yield a strong corporate relationship for the School involving numerous research and student educational opportunities.

Sean Martin, Ph.D. Candidate, 2013

“With a grant from the Institute, I was able to conduct interviews with senior management at an Indian multinational firm and collect extensive data from 1000 employees about values and ethical decision making.”

- Sean Martin, Ph.D. Candidate, 2013