As the saying goes, money makes the world go round – something that’s true whether we’re talking about a family’s ability to put food on the table, a company’s ability to scale up internationally, a government’s ability to pay for a national program or the broad-ranging impacts of an international agreement.
Laurier researchers, particularly at the Lazaridis School of Business and Economics, study many facets of business and economics, including macroeconomics, business infrastructure, fiscal policy, corporate governance, organizational behaviour and marketing. Some researchers use modelling and quantitative analysis to understand areas such as supply chain management, markets and financial risk management. Others explore topics such as entrepreneurship, the commercialization of products and the economic implications of public policy.
Shifts in the economy have consequences for every aspect of our lives. Laurier economists tackle a broad range of microeconomic and macroeconomic topics, including the likelihood of recession, the gender wage gap, the effects of globalization on developing countries, the economic impact of brain health screening, the economics of education, charitable giving, carbon pricing and other topics in environmental economics, labour economics, economic history and more.
The Laurier Centre for Economic Research and Policy Analysis (LCERPA) and Rimini Centre for Economic Analysis (RCEA) are nationally and internationally known centres for research in economics. The Department of Economics is the main hub for research and teaching on economics. Additionally, faculty with economics backgrounds also work in other programs, such as Finance, Mathematics, Social and Environmental Justice, and the School of International Policy and Governance.
Laurier is home to some of the world’s top experts in finance and markets, who research topics such as financial risk management, high-frequency trading, insider trading, financial market innovation, responsible investing, derivatives, modelling the crash risk of stocks, and how Canadian firms borrow in private US debt markets.
Laurier’s Financial Services Research Centre has been a hub for research in finance since 1995. The CPA Ontario Centre for Capital Markets and Behavioural Decision Making advances the accounting profession by supporting capital markets and behavioural decision-making research and innovation. Students in programs such as Business, Finance and Management learn about new research as it happens and contribute to knowledge in finance, markets and accounting.
To grow an idea into a successful business or social enterprise, entrepreneurs, managers and employees need a lot of savvy in areas ranging from raising capital to marketing. Laurier faculty provide new insight into a broad range of related topics including firm internationalization, consumer behaviour, machine learning for business, how to offer an innovative new product feature, how new products make consumers feel, design and brand communication, digital branding strategies, relationship marketing and the impact of a salesperson’s ‘grit.’
The Lazaridis Institute for the Management of Technology Enterprises is a global authority on the management of high-growth technology companies. Students in programs such as Business, Business Technology Management, Management, Executive Master’s in Technology Management, and Master of Business Administration, as well as options and concentrations in entrepreneurship and social entrepreneurship, contribute to and benefit from research in business, entrepreneurship and marketing.
For organizations to be successful over the long term, they must be well run. Laurier faculty research what that entails, including reducing workplace aggression, gender equality in the workplace, employee spinout companies, supply chain management, corporate governance and corporate social responsibility, hiring practices, sustainability in supply chains, knowledge as an organizational resource, women’s roles in regional innovation ecosystems, and fairness in the workplace.
The Centre for Supply Chain Management connects researchers, practitioners and strategic decision makers in supply chain management. The Co-operators Centre for Business and Sustainability facilitates and coordinates research related to business and environmental sustainability. Students in a range of Lazaridis School programs have opportunities to learn from and contribute to research in these areas, with graduate students in Management able to specialize in Organizational Behaviour and Human Resource Management or Supply Chain, Operations and Technology Management, among other areas.