International University of Monaco

[NEWCOMERS] We're thrilled to welcome Rebecca Blackburn to the IUM family! 🎓 ✔ Rebecca, a high-achiever passionate about sports business, will join our 𝗠𝗦𝗰 𝗶𝗻 𝗦𝗽𝗼𝗿𝘁𝘀 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗽𝗿𝗼𝗴𝗿𝗮𝗺 𝘁𝗵𝗶𝘀 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿. She's coming straight from the University of Leeds, where she obtained her bachelor's in Business Management! ✔ "I chose to do a master's degree at IUM because of its 𝗱𝗶𝘃𝗲𝗿𝘀𝗲 𝗰𝘂𝗹𝘁𝘂𝗿𝗲, 𝗮𝗰𝗿𝗼𝘀𝘀 𝘁𝗵𝗲 𝘀𝘁𝘂𝗱𝗲𝗻𝘁𝘀, 𝘁𝘂𝘁𝗼𝗿𝘀, 𝗮𝗻𝗱 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀. Being in the heart of Monaco, IUM offers an enriching education experience that I believe will 𝗮𝘀𝘀𝗶𝗺𝗶𝗹𝗮𝘁𝗲 𝗺𝗲 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝘀𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝘄𝗼𝗿𝗹𝗱." Welcome to IUM, Rebecca! We're thrilled to welcome you soon. 🤝 ▶ If you want to join us like Rebecca, 𝗰𝗵𝗲𝗰𝗸 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://lnkd.in/dczSvtXH #IUM #master #sportsbusiness #newstudent #Monaco #welcomeaboard #studentlife

[RESEARCH] Congratulations to Dr. Domenico Campa! 👉 His article, "𝗗𝗼 𝗘𝘁𝗵𝗻𝗶𝗰 𝗠𝗶𝗻𝗼𝗿𝗶𝘁𝘆 𝗔𝘂𝗱𝗶𝘁 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗙𝗮𝗰𝗲 𝗗𝗶𝘀𝗰𝗿𝗶𝗺𝗶𝗻𝗮𝘁𝗶𝗼𝗻? 𝗘𝘃𝗶𝗱𝗲𝗻𝗰𝗲 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮𝗻 𝗔𝘂𝗱𝗶𝘁 𝗠𝗮𝗿𝗸𝗲𝘁," is published in the 𝟯* 𝗝𝗼𝘂𝗿𝗻𝗮𝗹 𝗼𝗳 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴, 𝗔𝘂𝗱𝗶𝘁𝗶𝗻𝗴 𝗮𝗻𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 and co-authored with Drs. 𝗠𝗮𝗿𝗮 𝗖𝗮𝗺𝗲𝗿𝗮𝗻, Claudia Gabbioneta and Angela Pettinicchio. 👉 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: • In this paper, we acknowledge that the professional literature has provided 𝗲𝘃𝗶𝗱𝗲𝗻𝗰𝗲 𝗼𝗳 𝗱𝗶𝘀𝗰𝗿𝗶𝗺𝗶𝗻𝗮𝘁𝗶𝗼𝗻 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗲𝘁𝗵𝗻𝗶𝗰 𝗺𝗶𝗻𝗼𝗿𝗶𝘁𝘆 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝘀 in a number of research contexts, including law, architecture, construction, and healthcare. • However, research on ethnicity-based discrimination in the 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻 has been sparser and has generally relied on ethnic minorities’ perceptions of discrimination rather than actual discrimination. • We complement and extend this research by 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘄𝗵𝗲𝘁𝗵𝗲𝗿 𝗲𝘁𝗵𝗻𝗶𝗰 𝗺𝗶𝗻𝗼𝗿𝗶𝘁𝘆 𝗮𝘂𝗱𝗶𝘁 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗮𝗿𝗲 𝗮𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗲𝗱 𝘄𝗶𝘁𝗵 𝗹𝗼𝘄𝗲𝗿 𝗮𝘂𝗱𝗶𝘁 𝗳𝗲𝗲𝘀 𝘁𝗵𝗮𝗻 𝗻𝗼𝗻-𝗲𝘁𝗵𝗻𝗶𝗰 𝗺𝗶𝗻𝗼𝗿𝗶𝘁𝘆 𝗮𝘂𝗱𝗶𝘁 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀. We also consider whether the association between ethnicity and audit fees depends on the status of the audit firm in which audit partners work. • 𝗪𝗲 𝗳𝗶𝗻𝗱 𝘁𝗵𝗮𝘁 𝗲𝘁𝗵𝗻𝗶𝗰 𝗺𝗶𝗻𝗼𝗿𝗶𝘁𝘆 𝗮𝘂𝗱𝗶𝘁 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗮𝗿𝗲 𝗮𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗲𝗱 𝘄𝗶𝘁𝗵 𝗹𝗼𝘄𝗲𝗿 𝗮𝘂𝗱𝗶𝘁 𝗳𝗲𝗲𝘀 and that this holds true only when they work in lower-status audit firms. • Supplementary analyses carried out on our data suggest that 𝗱𝗶𝘀𝗰𝗿𝗶𝗺𝗶𝗻𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗺𝗼𝗿𝗲 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗯𝗲 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗲𝗱 𝗯𝘆 𝗮𝘂𝗱𝗶𝘁 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝘁𝗵𝗮𝗻 𝗯𝘆 𝗮𝘂𝗱𝗶𝘁 𝗳𝗶𝗿𝗺𝘀, as we do not find evidence that audit firms systematically and selectively allocate ethnic minority audit partners to clients with specific characteristics (e.g., potentially less lucrative clients). • Our study contributes to the literature on ethnicity-based discrimination in the accounting profession, to the literature on professional stereotypes, and to the audit pricing literature. ▶ 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/g-MUpPcE #IUM #audit #research #discrimination #Australia

#IUMsuggestsReading 👉 AI Survey: Four Themes Emerging If 2023 was about experimentation, 2024 is all about results. Bain & Company by Gene Rapoport, Sanjin Bicanic, Jue Wang, Richard Lichtenstein, and Arjun Dutt. At a Glance: ✔ Companies are moving quickly to explore ways for generative AI to enhance their business, with most already developing or deploying initiatives. ✔ Our quarterly survey on AI readiness shows that last year, executives were most concerned about quality and capabilities. But in 2024, many are already focused on delivering real value. ✔ Not surprisingly, technology companies are further along in their development of generative AI use cases, and they may already have more realistic expectations. ✔ Many companies are still building their generative AI solutions because the off-the-shelf ones are either not ready or not specific enough, though that will likely change. ▶ https://lnkd.in/gVWUCdaf #IUM #IA #business #innovation #development

[NEWCOMERS] We're thrilled to welcome Lou-Ann Poupard to the IUM family! 🎓 A high-achiever with a 𝗽𝗮𝘀𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝘀𝗽𝗼𝗿𝘁𝘀 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀, 𝗟𝗼𝘂-𝗔𝗻𝗻 𝗶𝘀 𝗷𝗼𝗶𝗻𝗶𝗻𝗴 𝗼𝘂𝗿 𝗕𝗮𝗰𝗵𝗲𝗹𝗼𝗿 𝗶𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗔𝗱𝗺𝗶𝗻𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗽𝗿𝗼𝗴𝗿𝗮𝗺 𝘁𝗵𝗶𝘀 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿. She's coming to us straight from high school with the highest honors! 🏅 Lou-Ann chose IUM for our renowned Sports Business Management specialization, a perfect fit for her career aspirations. We can't wait to see her shine! ✨ Her former professor, MICHEL JAVET, praised her dedication and active participation in class. We're confident she'll be an invaluable addition to our vibrant campus community. Welcome to IUM, Lou-Ann! We’re excited to support your journey. 🤝 ▶ If you want to join us like Lou-Ann, 𝗰𝗵𝗲𝗰𝗸 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://lnkd.in/dXN423H6 #IUM #bachelor #businessadministration #sportsbusiness #newstudent #Monaco #welcomeaboard #studentlife

[RESEARCH] Congratulations to Dr. Anastasia Stathopoulou. 👉 Her article, "What drives consumers towards shared luxury services? A comparison of sequential versus simultaneous sharing," is published in the 3* Journal of Business Research and co-authored with Drs. Achilleas Boukis, George Christodoulides and Rania W. Semaan. 👉 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: • Investigate whether diverse consumer motivations affect their attitude and purchase intentions towards two types of shared luxury, simultaneous and sequential. • Delve into how consumers are drawn to alternative levels of shared luxury services by different motivations. • Advance knowledge of the changing nature of luxury and emphasize how consumers' attitudes towards sharing economy offerings are affected by different levels of sharing. • Advance work on new forms of luxury services by delineating further the role of sharing in shared luxury consumption. ▶ 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/dAz7sxiC #IUM #luxury #research #consumerexperience #sharingeconomy

#IUMsuggestsReading 👉 Is Luxury Finally Set for a Sustainability Reckoning? Amid growing disillusionment with luxury brands, a series of Italian investigations linking major players like Dior and Armani to sweatshop labour is putting new pressure on the sector’s most powerful asset: brand image. By Sarah Kent, The Business of Fashion (BoF) 👉 Key insights ▪ An Italian investigation has linked luxury brands Dior and Armani to sweatshop labour, threatening their most precious asset: brand image. ▪ More fashion companies are expected to get swept up in the probe in the coming months and Italy’s Competition Authority has launched its own investigation into whether the brands misled consumers with commitments to ethics and craftsmanship. ▪ The scrutiny comes at a challenging time for the sector as the market cools and punchy price hikes amid reports of declining quality put pressure on the perceived value of luxury goods. ▶ https://lnkd.in/dP6TwxZg #IUM #craftsmanship #luxury #sustainability #fashion #ethics

[RESEARCH] Congratulations to Dr. Annalisa Tarquini - Poli & Prof. Dr. Phil Klaus 👉 Their article, "Is digital fashion the future of the metaverse? Insights from YouTube comments," is published in the 3* Journal of Retailing and Consumer Services and co-authored with Drs. Luong, V., Anadol, Y., & Manthiou, A. 👉 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: • These findings have both theoretical and practical implications for the digital fashion landscape. • Theoretically, the study contributes by shedding light on the evolving role of fashion in virtual worlds, emphasizing the importance of technology integration within the metaverse. Additionally, it provides insights into consumer behavior, the challenges of financial resistance to digital fashion adoption, and the potential appeal of this emerging market. • Practically, these insights guide businesses and creators in the digital fashion industry. They inform pricing strategies, marketing campaigns, and design improvements, addressing issues like low perceived value and aesthetic concerns. Furthermore, the study anticipates evolving consumer trends, helping businesses adapt to the changing dynamics of the fashion industry in a digital era. ▶ 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/giyp8aCg #IUM #research #metaverse #fashion #youtube

☀️ HAPPY VACATION! ☀️ IUM staff and faculty wish everyone a relaxing and rejuvenating summer break! May the coming months be filled with sunshine, laughter, and unforgettable memories. ▶ Please note that IUM is closed from August 5th to 9th included. #IUM #Monaco #holidays #summervibes

[OPPORTUNITY in JAPAN for our students] 👉 IUM was recently contacted by the Japanese Embassy in Paris about the “MIRAI” Program. MIRAI stands for Mutual Understanding, Intellectual Relations, and Academic Exchange Initiative. It also means “future” in Japanese. ▪ As part of the MIRAI program, the Japanese Ministry of Foreign Affairs invites young individuals from diverse countries, such as Monaco, to experience Japan firsthand. ▪ The program offers participants the opportunity to immerse themselves in Japanese culture, interact with locals, and foster enduring connections. ▪ Selected students will embark on a week-long journey to Japan during the Fall 2024 semester. #IUM #globalcitizen #japan #studentlife #discovernewculture

[RESEARCH] Congratulations to Dr. Domenico Campa! 👉 His article, "𝗖𝗙𝗢 𝗰𝗼-𝗼𝗽𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗱𝗶𝘃𝗶𝗱𝗲𝗻𝗱 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀: 𝘁𝗵𝗲 𝗺𝗼𝗱𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗿𝗼𝗹𝗲 𝗼𝗳 𝗖𝗙𝗢 𝘁𝗮𝗹𝗲𝗻𝘁," is published in the 2* International Journal of Accounting & Information Management and co-authored with Dr. gianluca ginesti. 👉 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: • This research investigates the association between the co-option of the chief financial officer (CFO) and dividend payments, assessing whether the talent of the CFO affects this association. • Our empirical analyses were based on hand-collected data for 922 firm-year observations from 157 European-listed firms during the period 2013-2019. Empirical models, based on a two-step estimation procedure, involved the use of instrumental variables (IVs) and the generalized moment method. Our results show that CFO co-option is negatively associated with the level of dividend payments. • It was also found that the degree of CFO talent moderates the negative association between CFO co-option and dividend payments. • This investigation responds to the call for literature, which examines how CEO–CFO relationships influence firms' policies and outcomes. Our study offers novel evidence for the individual-level characteristics of CFOs, which are likely to reduce the effectiveness of CEO power and increase the monitoring of corporate decisions on dividends. study sheds light on the effect of the interactions between CEOs and CFOs, which are important for investors' expectations. In this regard, investors may be interested in the CFO profiles, which may reduce CEO power over dividend policies. • Unlike previous research, which focused on CEOs, we are the first to shed light on the role of CFOs as key decision-makers in influencing the dividend policies in modern corporations. ▶ 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/dnKVzgAC #IUM #CFO #research #corporategovernance #dividendpolicy