Research Interests: global strategy, organizational decision-making under uncertainty, organizational responses to systemic risks, strategic csr, non-market strategy, firm-performance implications of corporate philanthropy, social-welfare implications of business strategy, business provision of collective goods
Address: 3112 SH-DH, 3620 Locust Walk, Philadelphia, PA 19104
Office: (215) 746-7954
Office Fax: (215) 898-0401
The cornerstone of my research interests is global strategy. I explore the drivers and consequences of organizational decision-making under risk and uncertainty by focusing on non-market strategy, and particularly strategic philanthropy.
I have analyzed these topics under the conditions of systemic shocks, such as natural disasters. I believe that non-routine high-stake choices that affect significantly the availability of rents and business performance are often made during these time intervals. Likewise, the implications of organizational choices on society at large may be exacerbated.
Currently, I am focused on three lines of research that analyze multinational enterprises' choices at the international level: how firm-market linkages affect decision-making in the aftermath of disasters, how organizations overcome information scarcity during such time spans, and how the characteristics of the organizational choice, external stakeholders' needs, and the institutional context drive firm performance and social welfare. More information on these studies can be found in my Research.
Witold Henisz (Chair)
Uri Simonsohn (OPIM)
Drivers and Consequences of Organizational Decision-making under Uncertainty:
Evidence from Global Corporate Disaster Giving
Luis Ballesteros (Work In Progress), An Adaptation of the Herfindahl-Hirschman index (HHI) to Study Market Concentration at the National and International Levels.
Luis Ballesteros (Work In Progress), Innovation and Systemic Risk: Can Exposure to Large Shocks Affect Risk Taking?.
Luis Ballesteros (Work In Progress), Using a Polynomial Expansion of Subsidiaries, Sales, and Employees as a Measure of Firm-Market Economic Linkages.
Luis Ballesteros, Michael Useem, "How They Did It (Private Giving, Insurance Payouts for Recovery, Execution and Expectations". In Leadership Dispatches: Chile's Extraordinary Comeback from Disaster, edited by Michael Useem, Howard Kunreuther, (2015), 47 - 165.
Ballesteros, Luis, “Financing Catastrophe Relief and Recovery in Developing Countries. Are Global Financial Markets the Answer? The Case of Haiti,” The World Bank, 2010. Description
Awards And Honors
- Penn Lauder CIBER Grant, 2013
In The News
- Corporate First Responders, Strategy+Business - 03/21/2016