Pascual
Berrone

Head of Strategic Management Department

Professor of Strategic Management

Schneider Electric Chair of Sustainability and Business Strategy

• Ph.D. in Business Administration and Quantitative Methods, Universidad Carlos III de Madrid
• Senior in Management and International Business, FUNCER Business School
• Bachelor's degree in Business Administration, Universidad Católica de Córdoba

Pascual Berrone is professor and Head of Strategic Management Department and Schneider Electric Chair of Sustainability and Business Strategy at IESE Business School. Also, Prof. Berrone is the academic director of the Executive MBA in Madrid. He is also vice-president of the Iberoamerican Academy of Management. Prof. Berrone earned a B.Sc. in business administration from the Universidad Católica de Córdoba, holds a senior degree in management and international business from the FUNCER Business School, and completed his Ph.D. in business administration and quantitative methods degree at Universidad Carlos III de Madrid. He is also an alumnus from IESE where he completed a PDG program. Before joining IESE Business School, Prof. Berrone held two visiting scholar appointments at Arizona State University and he was a visiting professor at Concordia University in Montreal, and Simon Fraser in Vancouver, Canada. More recently, he was a visiting professor at the Nangyang Business School in Singapore.

Prof. Berrone has extensive managerial experience from across Latin America, Europe, and the United States. His professional interests include ongoing programmatic work in three areas: corporate governance, social issues in management and family firms. Prof. Berrone's academic work has been published in international journals such as the Academy of Management Journal, Administrative Science Quarterly, Strategic Management Journal, California Management Review, Entrepreneurship: Theory and Practice, Human Resource Management, Journal of Business Ethics, International Journal of Human Resource Management, Journal of Management Studies (all these journals included in the FT45 list), Academy of Management Annals, Journal of Business Research, Journal of Small Business Management, Family Business Review, Corporate Governance: An International Review, and Management Research as well as in prestigious Spanish outlets such as Revista de Economía Financiera.

Prof. Berrone has been recognized on several occasions for his outstanding research. In 2015, Prof. Pascual Berrone received the IBM Faculty Award, which recognizes Berrone's work in researching and teaching strategies for cities and urban development. In 2009, he won the "Best Doctoral Dissertation Award" granted by the Academy of Management. The award was sponsored by the Beard Center for Leadership in Ethics at Duquesne University, Pittsburgh. Also in 2009, he won the "Best Paper Award" in the Corporate Governance Track at the EURAM conference. The award is sponsored by the Center for Family and Enterprise and Ownership (CeFEO). In 2008, he won the Academy of Management (ONE Division "Best Paper Proceedings Award". More recently, his article "The Impact of Symbolic and Substantive Actions on Environmental Legitimacy" was named among the top three finalists for the "Best Paper Award" at the Iberoamerican Academy of Management Conference (2010). His work on environmental innovation was also the finalist for the best paper award at the UAM-Accenture Award (2011). More recently, he has received the "Best Scientific Contribution Award" granted by the Public University of Navarre for work carried out in 2009 and 2010 in the area of Human and Social, Legal and Economic Sciences. This recognition has been recently extended to his teaching activities as he received the Honorable Mention in the "4th. annual Dr. Alfred N. and Lynn Manos Page Prize for Sustainability Issues in Business Curricula" (2012).

Prof. Berrone is Associate Editor of research outlet Organization & Environment and is a member of several editorial boards. He is the founder of the "Strategic Madrid Group", an initiative that gathers world-class scholars and practitioners who are interested in strategic issues. He is also the academic co-director of the research platform IESE Cities in Motion.

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Areas of interest.

• Executive compensation
• Family firms
• Sustainable innovation
• Corporate governance
• Corporate social responsibility

Publications

Journal Articles (refereed)

CAPO, F., VACCARO, A., BERRONE, P. (2024). Revitalizing urban places. How prosocial organizations acquire saliency in the eyes of resisting stakeholders. Journal of Business Ethics, 189 (4), 655–675, doi:10.1007/s10551-023-05562-2. BERRONE, P., GÓMEZ-MEJÍA, L. R., XU, K. (2023). The Role of family ownership in norm-conforming environmental initiatives. Lessons from China. Entrepreneurship Theory and Practice, 47 (5), 1915-1941. doi:10.1177/10422587221115362. BERRONE, P., ROUSSEAU, H. E., RICART, J. E., BRITO, E., GIULIODORI, A. (2023). How can research contribute to the implementation of sustainable development goals? An interpretive review of SDG literature in management. INTERNATIONAL JOURNAL OF MANAGEMENT REVIEWS, 25 (2), 318-339. doi:10.1111/ijmr.12331. GIULIODORI, A., BERRONE, P., RICART, J. E. (2023). Where smart meets sustainability. The Role of smart governance in achieving the sustainable development goals in cities. BRQ-Business Research Quarterly, 26 (1), 27-44. doi:10.1177/23409444221091281. BERRONE, P., DURAN, P., GÓMEZ-MEJÍA, L., HEUGENS, P., KOSTOVA, T., VAN ESSEN, M. (2022). Impact of informal institutions on the prevalence, strategy, and performace of family firms. A meta-analysis. Journal of International Business Studies, 53 (6), 1153-1177. doi:https://doi.org/10.1057/s41267-020-00362-6. CARRASCO, C., SNIHUR, Y., BERRONE, P., RICART, J. E. (2022). The stakeholder value proposition of digital platforms in an urban ecosystem. Research Policy, 51 (4), Article 104488. doi:10.1016/j.respol.2022.104488. TRUONG, Y., BERRONE, P. (2022). Can environmental innovation be a conventional source of higher market valuation? Journal of Business Research, 142, 113-121. doi:10.1016/j.jbusres.2021.12.040. RAMUS, T., VACCARO, A., BERRONE, P. (2021). Time matters! How hybrid organizations use time to respond to divergent stakeholder demands. Organization Studies, 42 (10), 1529-1555. doi:https://doi.org/10.1177/0170840619900341. TRUONG, Y., MAZLOOMI, H., BERRONE, P. (2021). Understanding the impact of symbolic and substantive environmental actions on organizational reputation. Industrial Marketing Management, 92, 307-320. doi:https://doi.org/10.1016/j.indmarman.2020.05.006. RICART, J. E., SNIHUR, Y., CARRASCO, C., BERRONE, P. (2020). Grassroots resistance to digital platforms and relational business model design to overcome it. a conceptual framework. Strategy Science, 5 (3), 271-291. doi:https://doi.org/10.1287/stsc.2020.0104.

Working Papers

BERRONE, P., GELABERT, L., FOSFURI, A. (2009). The impact of symbolic and substantive actions on environmental legitimacy (DI-778-E). WALLS, J., PHAN, P., BERRONE, P. (2008). An assessment of the construct validity of environmental strategy measures (DI-754-E). BERRONE, P., GELABERT, L., FOSFURI, A., GÓMEZ-MEJÍA, L. R. (2007). Can institutional forces create competitive advantage? An empirical examination of environmental innovation (DI-723-E).

Proceedings

ARIÑO, A., BERRONE, P., RICART, J. E., SOBREPERE, X., YONG, A. (2024). Navigating complexity and novelty. A stakeholder governance framework for PPP projects. Academy of Management Proceedings. ROUSSEAU, H. E., BROMILEY, P., BERRONE, P. (2020). A Behavioral perspective of search in nonprofit organizations. Academy of Management Proceedings (pp. 14089). BERRONE, P., DURAN, P., GÓMEZ-MEJÍA, L. R., HEUGENS, P., VAN ESSEN, M. (2016). The family-legitimizing environment and the prevalence, strategy, and performance of family firms. Academy of Management Proceedings. WALLS, J., BERRONE, P. (2015). The Power of One: How CEO Power Affects Corporate Environmental Sustainability. Academy of Management Proceedings. ROUSSEAU, H. E., BERRONE, P., WALLS, J. (2014). Let's talk: Examining Dialogue among Firms and Outside Actors on Social and Environmental Issues. Academy of Management Proceedings.

Articles in other publications

IESE INSIGHT, (2019). The Big Picture. Business opportunities in smart cities. IESE Business School Insight (153). IESE INSIGHT, (2019). Oportunidades de negocio en las ciudades inteligentes. IESE Business School Insight (153). BERRONE, P., RICART, J. E., FERRADANS, H., RODRÍGUEZ PLANAS, M., SALVADOR, J. (2017). 7 Forces to Success in PPPs. Smart Cities via Public-Private Partnerships. IESE Insight (34), pp. 15 - 23. BERRONE, P., RICART, J. E., FERRADANS, H., RODRÍGUEZ PLANAS, M., SALVADOR, J. (2017). Siete requisitos para una cooperación público-privada de éxito. Ciudades inteligentes. IESE Insight (34), pp. 15 - 23. RICART, J. E., BERRONE, P. (2017). La economía colaborativa en las ciudades. Harvard Deusto Business Review (265), pp. 50 - 64.

Books

BERRONE, P., RICART, J. E., BRITO, E. (2022). Cities and Governance. The Rise of cities as global actors. Barcelona: IESE. BERRONE, P., RICART, J. E., TATGE, L. (2022). Cities and technology. Building cities in the age of information. Barcelona: IESE. BERRONE, P., RICART, J. E., DUCH T-FIGUERAS, A. I. (2019). Cities and International Outreach: The era of the global city. Amazon Kindle Direct Publishing. BERRONE, P., FAGEDA, X., LLUMÀ, C., RICART, J. E., RODRÍGUEZ, M., SALVADOR, J., ... PPP FOR CITIES - SPECIALIST CENTRE ON PPP IN SMART AND SUSTAINABLE CITIES (2018). Parceria Público-Privada na América Latina. Guia para Governos Regionais e Locais. Caracas: CAF. BERRONE, P., FAGEDA, X., LLUMÀ, C., RICART, J. E., RODRÍGUEZ, M., SALVADOR, J., ... PPP FOR CITIES - SPECIALIST CENTRE ON PPP IN SMART AND SUSTAINABLE CITIES (2018). Public-Private Partnership in Latin America. A Guide for Regional and Local Governments. Caracas: CAF.

Book Chapters

ROSENBERG, M., BERRONE, P., ROUSSEAU, H. E. (2019). Environmental Sensibility and Firm Strategic Actions: How to Become Sustainable While Avoiding Greenwashing. In Caldart, A., Ricart, J.E. and Carrera, A. (Eds), General Management in Latin and Ibero American Organizations: A Humanistic Perspective. Abingdon, Oxon ; New York: Routledge. BERRONE, P., CRUZ, C., GÓMEZ-MEJÍA, L. R. (2013). Family-controlled Firms and Stakeholder Management. A Socioemotional Wealth Preservation Perspective. In Leif Melin, Mattias Nordqvist, Pramodita Sharma (Eds.), The Sage Handbook of Family Business (pp. 179 - 195). Chicago: Sage Publications. BERRONE, P., GARCÍA PÍRIZ, D. (2013). Will You Keep an Eye on My Investment?. An Empirical Analysis of the Link Between Institutional Investors and Boards of Directors. In Jens Mueller and Philippa Wells (Ed.), Governance in Action Globally: Strategy, Process and Reality (pp. 221 - 239). Oxford, UK: RossiSmith Academic Publications Ltd. CENNAMO, C., GÓMEZ-MEJÍA, L. R., BERRONE, P. (2012). Caring About Firm Stakeholders. Towards a Theory of Proactive Stakeholder Engagement. In Joan Enric Ricart y Josep Maria Rosanas (Ed.), Towards a New Theory of the Firm: Humanizing the Firm and the Management Profession (pp. 263 - 303). Bilbao: Fundación BBVA. BERRONE, P., OTTEN, J. (2008). A global perspective on executive compensation. In Luis Gómez-Mejía, Steve Werner (Eds.), Global compensation. Foundations and perspectives (pp. 113 - 128). Abingdon, Oxon ; New York: Routledge.

Studies

BERRONE, P., RICART, J. E., GROSSI, F. (2024). Índice IESE Cities in Motion 2024. IESE. BERRONE, P., RICART, J. E., GROSSI, F. (2024). IESE Cities in Motion Index 2024. IESE. BERRONE, P., MULTINACIONALES POR MARCA ESPAÑA (2023). Barómetro del clima de negocios en España desde la perspectiva del inversor extranjero. Resultados 2023. BERRONE, P., MULTINACIONALES POR MARCA ESPAÑA (2022). Barómetro del clima de negocios en España desde la perspectiva del inversor extranjero. Resultados 2022. BERRONE, P., MULTINACIONALES POR MARCA ESPAÑA (2022). Barometer of the Business Climate in Spain from the Foreign Investor's Perspective. Results 2022.

Cases

BERRONE, P. (2024). Unlucky 13? The Journey of Taylor Swift to Stardom. IESE, SM-1768-E. BERRONE, P. (2024). ¿El 13 de la mala suerte? El camino de Taylor Swift al estrellato. IESE, SM-1768. BERRONE, P., CALDART, A., RICART, J. E., SASTRE BOQUET, I. (2024). Tesla in the 2020s: moment of truth for the "Master Plan" (Update 2024). IESE, SM-1764-E. LÓPEZ, A., RICART, J. E., BERRONE, P. (2023). Scoot: Succeeding in the U.S., working its way into Spain (A). IESE, SM-1750-E. LÓPEZ, A., RICART, J. E., BERRONE, P. (2023). Scoot: Succeeding in the U.S., working its way into Spain (B). IESE, SM-1751-E.