Claudine Gartenberg

Claudine Gartenberg
  • Assistant Professor of Management

Contact Information

  • office Address:

    2035 SH-DH
    3620 Locust Walk
    Philadelphia, PA 19104

Research Interests: corporate strategy; firm scope; corporate governance; compensation and inequality; firm culture

Links: CV, @cmgartenberg, Inaugural Corporate Strategy and Innovation Conference


Claudine Gartenberg is an Assistant Professor of Management at the Wharton School of the University of Pennsylvania. Her work is focused on incorporating realistic models of human behavior, such as self-interest and social comparison, into research on firm strategy. She has conducted studies on the role of incentives and corporate scope of US mortgage lenders preceding the 2007-2008 housing crisis, the role of workplace culture in influencing the digitization of work within the trucking industry, and the role of social comparison and corporate scope in affecting pay inequality over the past three decades, among others.

Her work has been published in top academic journals, including Management Science, Organization Science, and Strategic Management Journal, where she currently sits on the editorial board.

Professor Gartenberg received a B.A. with honors in Physics from Harvard College, and a D.B.A. and M.B.A. from Harvard Business School, where she graduated as a Baker Scholar and received the Wyss Award for best doctoral research. She joins Wharton from the faculty of NYU Stern School. Prior to joining academia, Professor Gartenberg was an account manager at a business consulting firm, working with clients such as PG&E, Chevron, Hallmark Cards, Wells Fargo and Bank of America.

Continue Reading


  • Claudine Gartenberg, Steve Blader, Andrea Prat (2019), The Contingent Effect of Management Practices, Review of Economic Studies, forthcoming.

  • Claudine Gartenberg, George Serafeim, Andrea Prat (2019), Corporate Purpose and Financial Performance, Organization Science, 30 (1), pp. 1-18.

  • Claudine Gartenberg, Emilie Feldman, Julie Wulf (2018), Pay Inequality and Corporate Divestitures, Strategic Management Journal, 39 (11), pp. 2829-2858.

  • Claudine Gartenberg and Julie Wulf (2017), Pay Harmony: Social Comparison and Performance Compensation in Multi-Business Firms, Organization Science, 28 (1), pp. 39-55.

  • Claudine Gartenberg and Lamar Pierce (2017), Subprime Governance: Managerial Agency Costs in Vertically Integrated Banks, Strategic Management Journal, 38 (2), pp. 300-321.

  • Claudine Gartenberg and George Serafeim (2016), The Type of Purpose that Makes Companies More Profitable, Harvard Business Review Online.

  • Claudine Gartenberg, Rebecca Henderson, Steve Blader, Andrea Prat (2015), The Real Effects of Relational Contracts, American Economic Review Papers and Proceedings, 103.

  • Claudine Gartenberg (2014), Do Parents Matter? Effects of Lender Affiliation through the Mortgage Boom and Bust, Management Science, 60 (11), pp. 2776-2793.

  • Claudine Gartenberg, Sumit Agarwal, Gene Amromin, Anna Paulson, Sriram Villupuram (2014), Homebuilders, Affiliated Financing Arms, and the Mortgage Crisis, Economic Perspectives, Federal Reserve Bank of Chicago.

  • Claudine Gartenberg, Tarun Khanna, Krishna Palepu (2006), Teva Pharmaceutical Industries, Ltd, Harvard Business School, Case 9-707-441.


Past Courses


    The management of large, established enterprises creates a range of multi-facet challenges for the general manager. A general manager needs to understand the internal workings of a firm, how to assess and create a strategy, and how to take into account increasing, globalization. While these issues are distinct, they are very much intertwined. As a result, this course will provide you with an integrated view of these challenges and show you that effective of an established enterprise requires a combination of insights drawn from economics, sociology, psychology and political economy.

Awards and Honors

  • Ralph Gomory Best Industry Studies Award, Runner Up, 2018
  • SMS Best Paper Award Nomination (voluntarily opted out once paper was accepted for publication), 2018
  • Wyss Award for Excellence in Doctoral Research, Harvard Business School (one of 4 recipients across all departments), 2010
  • Financial Management Association, Best Paper Awards Semifinalist, “Did fair valuation depress equity values during the 2008 financial crisis?” with George Serafeim., 2010
  • Harvard University, Derek Bok Center Teaching Award, (rated 5.0 / 5.0 by students versus division average of 4.0 / 5.0)., 2008
  • Harvard Business School, Baker Scholar (top 5% of class)., 2006

In the News

Knowledge @ Wharton


Latest Research

Claudine Gartenberg, Steve Blader, Andrea Prat (2019), The Contingent Effect of Management Practices, Review of Economic Studies, forthcoming.
All Research

In the News

How Pay Inequality Affects the Bottom Line

Pay inequality is a persistent problem that is getting more exposure than ever before. Recent Wharton research examines how inequality affects individual workers and entire companies.

Knowledge @ Wharton - 2017/10/17
All News

Awards and Honors

Ralph Gomory Best Industry Studies Award, Runner Up 2018
All Awards