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Why do some organizations’ boards fail? The answer might lie in how directors perceive their expertise and responsibilities

Oriane Couchoux, Carleton University While many of us can name a handful of CEOs, identifying directors serving on the boards of those same organizations is probably more challenging. The work of directors, whether they hold volunteer or compensated positions, is rarely publicized, and when it is, it is rarely good news. Indeed, corporate scandals often prompt public scrutiny, focusing on the board’s role and questioning how directors could have overlooked issues or been complicit in questionable organizational conduct. Consider instances such as Valeant Pharmaceuticals’ questionable accounting practices, which went undetected and unreported by the board. Or the loose oversight of FTX’s board, which led to the collapse of its cryptocurrency exchange. Or consider the shortcomings of USA Gymnastics’ and Hockey…

Sprott Research Seminar: Dr. Jeffrey Reuer

We invite you to join us at the next Sprott Research Seminar with Dr. Jeffrey Reuer, Fulbright Canada Distinguished Chair at the Sprott School of Business. Dr. Reuer will be giving a talk entitled ‘Temporal Dynamics of Risk Allocation and Contracting in Startups’ Interorganizational Relationships’. Abstract We bring information economics and signaling theory to the study of contracts supporting interorganizational relationships by investigating how startups and their partners allocate risk in their deals.  We demonstrate several unique and interesting temporal patterns and tradeoffs that startups encounter in contracting.  All else equal, startups receive worse terms in their first deals compared to later ones, and this is especially so when they collaborate with a prominent firm.  However, their subsequent deals are…

How to cope with pandemic fatigue by imagining metaphors

Luciara Nardon, Carleton University and Amrita Hari, Carleton University Metaphors are figures of speech that imply likeness; they can be useful tools in dealing with pandemic fatigue. (Shutterstock) The COVID-19 pandemic continues to have dramatic impacts on mobility, work routines, social interactions and psychological distress. Although no longer novel, the pandemic is still causing an overall disruption of normality and challenging our ability to make sense of the world around us. The World Health Organization has been drawing attention to pandemic fatigue, a natural response to a prolonged public health crisis. Pandemic fatigue involves decreasing motivation to follow health-related directives, including engaging in pandemic protective actions like eating well, exercising and decreasing tobacco or alcohol consumption. All levels of public health are attempting to explain, prevent and cope with this phenomenon. Making…

What is sustainability accounting? What does ESG mean? We have answers

Leanne Keddie, Carleton University Sustainability is a hot topic today due to increasing awareness of climate change and inequality, among other pressing issues. As consumers, we can change our lifestyle, our investments and demand change from our governments. Together — along with accountants — we can get there. (Charl Folscher/Unsplash) The Earth just recorded a seven-year hot streak and we’re approaching the COVID-19 pandemic’s first anniversary. The crisis has had enormous implications on our mental health, the economy and income inequality. Post-pandemic, we need to build back better, and sustainability will be the key to success. What is sustainability? There is no universal definition of sustainability, but many point to the United Nations’ 1987 Brundtland Report that calls for sustainable development that meets our needs…

Emoji power: How a ? or a ?? fuel social media engagement, especially amid COVID-19

Ethan Pancer, Saint Mary’s University and Lindsay McShane, Carleton University The emoji has become a critical part of our online communications, particularly during the COVID-19 pandemic when face-to-face contact is hard to come by. (Domingo Alvarez/Unsplash) The restrictions associated with the COVID-19 pandemic drove life online in 2020, where it will probably remain for much of 2021. The way we communicate quickly pivoted to Zoom meetings, remote learning and messaging on social media. And in the absence of face-to-face interactions, people quickly became more reliant on emojis to help express their thoughts and feelings to an audience they can no longer see in person. A man wearing a protective face mask and gloves walks past a large emoji face painted on the boarded-up windows of a store on Robson Street, in Vancouver,…

Professional MBA Students

Professional MBA Students This webpage is your comprehensive source for relevant and timely information for all students currently-enrolled in the Sprott Professional MBA program. Professional MBA students at the Sprott School of Business have exclusive access to our PMBA Coaching Program. This program connects current PMBA students with a trained coach in our Coaching Community for highly tailored and personalized professional development support. PMBA Students Who Commute Travel to Ottawa Only a short distance from both Montreal and Toronto, with various flight and train travel options each day to make your travel convenient and affordable, student fares are offered by Porter Airlines, Air Canada  WestJet and Via Rail. Hotels In Ottawa While there are a variety of hotels to choose from in the vicinity of…

Three Sprott alumni are among Ottawa's Forty under 40 recipients

The Ottawa Business Journal and Ottawa Chamber of Commerce announced today Ottawa's Forty Under 40 for 2015 and three Sprott alumni are among the impressive recipients of the award. Forty Under 40 recognizes accomplished leaders  in the region who are under the age of 40 and who also contribute to the community. The top 40 were selected from more than 240 applications. Congratulations to: Roberto Campagna (BIB/01), President of Roco HomesJoelle Parenteau (BIB/10), CEO of EpicPerks.comBrittany Forsythe (BCom/09), VP of Human Resources at Shopify

Carleton announces $1-million donation from RBC to support the Carleton Centre for Research and Education on Women and Work

Carleton University today announced a $1 million, 10-year commitment from RBC to the Centre for Research and Education on Women and Work (CREWW) at the Sprott School of Business to continue its important work on diversity and the advancement of women in the workplace.  RBC has a longstanding relationship supporting CREWW, which was launched in 1992 to facilitate and disseminate cutting-edge research on women and the workplace, build bridges to the community and offer innovative programs to develop Canadian business leaders. The funds will contribute to new research on workplace diversity to better understand the obstacles that may be keeping employees from reaching their full potential. The donation will also support a distance education program delivered by Carleton’s Management Development…