Jordan Siegel

Jordan Siegel

  • Michael R. and Mary Kay Hallman Fellow
  • Associate Professor of Corporate Strategy
Education
  • Ph.D. Massachusetts Institute of Technology
  • B.A. Yale University
  • M.A. Yale University

Contact Information

Phone
(734) 647-4491
Email
Room
R6374
Research

Jordan Siegel is an Associate Professor of Strategy and Michael R. and Mary Kay Hallman Faculty Fellow at the University of Michigan Ross School of Business.  Professor Siegel is also a Research Fellow at the William Davidson Institute and an Associate-in-Research at the Harvard Korea Institute of the Harvard Asia Center.

Professor Siegel specializes in the study of how companies gain competitive advantage through their global strategy.   Professor Siegel finds that there are numerous opportunities for companies to attain superior sustainable corporate performance through creative strategies for corporate governance and human resource management.    

A set of studies written by Professor Siegel explores how companies borrow, leverage, and arbitrage institutions across borders as a means of attaining long-term competitive advantage. By institutions Professor Siegel refers to the formal and informal rules of the game that affect companies’ competitive behavior and resource access. Formal institutions include corporate, securities, and bankruptcy law; informal institutions include a society’s cultural stance toward meritocracy and egalitarianism. (While a thorough list of rules of the game might be near-infinite, Professor Siegel concentrates on those that directly affect governance of companies.) The main idea is that companies—even single-country-focused companies—exhibit a surprising ability to attain competitive advantage via their choices of other countries’ institutions.

Another set of studies written by Professor Siegel and his coauthors shows that companies can make their approach to the labor market a core component of their competitive advantage.  The goal has been to examine whether the hiring and promotion of female managers leads to improved corporate performance, whether foreign multinationals disproportionately engage in the hiring and promotion of female managers, and whether foreign multinationals act differently in the hiring and promotion of senior female managers in Japan and South Korea compared to what they do at home.  Overall, the results show that foreign multinationals have been the most active in both Japan and South Korea in exploiting the social bias and hiring and promoting women to senior management positions. Professor Siegel and his coauthors argue based on panel analysis with company fixed effects, and based on systematically ruling out alternative explanations, that the aggressive application of this outsider’s advantage has led to demonstrable improvements in performance over time for foreign multinationals in Japan and South Korea. Moreover, this source of competitive advantage is not short-lived, but appears to be as much as a decade-long opportunity.

Professor Siegel’s work has been published in the Journal of Financial EconomicsAdministrative Science Quarterly, the Review of Financial StudiesManagement ScienceOrganization Science, the Journal of International Business Studies, and the Journal of Economic Literature.

Executive Leadership

Jordan Siegel is an Associate Professor of Strategy and Michael R. and Mary Kay Hallman Faculty Fellow at the University of Michigan Ross School of Business.  Professor Siegel is also a Research Fellow at the William Davidson Institute and an Associate-in-Research at the Harvard Korea Institute of the Harvard Asia Center.

Professor Siegel's research focuses on how firms can borrow foreign institutions as a means of substituting for weak governance institutions at home, on how labor market institutions impact the design and success of global business strategies, and on how culture impacts the decision of where to locate foreign direct investments. In the course of this research, Professor Siegel has done extensive fieldwork in Latin America and East Asia.

Jordan’s work has been published in the Journal of Financial Economics, Administrative Science Quarterly, the Review of Financial Studies, Management Science, Organization Science, the Journal of International Business Studies, and the Journal of Economic Literature.

Authors
Jordan I. Siegel and Prithwiraj Choudhury
Published Date
06/2012

Source

The Review of Financial Studies (RFS)
Volume: 
25
Issue: 
6
Pages: 
1763-1798
Authors
Jordan I. Siegel, Amir N. Licht and Shalom H. Schwartz
Published Date
09/2012

Source

Organization Science
Volume: 
23
Issue: 
5
Pages: 
1-21
Authors
Jordan I. Siegel, Amir N. Licht and Shalom H. Schwartz
Published Date
12/2011

Source

Journal of Financial Economics (JFE)
Volume: 
102
Issue: 
3
Pages: 
1-22
Authors
Jordan I. Siegel
Published Date
09/2011

Source

Journal of International Business Studies
Volume: 
40
Issue: 
7
Pages: 
1171-1191
Authors
Mark J. Roe and Jordan I. Siegel
Published Date
09/2011

Source

Journal of Comparative Economics
Volume: 
39
Issue: 
3
Pages: 
279-309
Authors
Mark J. Roe and Jordan I. Siegel
Published Date
09/2009

Source

Journal of Economic Literature
Volume: 
47
Issue: 
3
Pages: 
781-800
Authors
Jordan I. Siegel and Barbara Zepp Larson
Published Date
09/2009

Source

Management Science
Volume: 
55
Issue: 
9
Pages: 
1527-1546
Authors
Jordan I. Siegel
Published Date
12/2007

Source

Administrative Science Quarterly
Volume: 
52
Issue: 
4
Pages: 
621-666
Authors
Jordan I. Siegel
Published Date
02/2005

Source

Journal of Financial Economics
Volume: 
75
Issue: 
02
Pages: 
319-359
Ross Thought In Action
Research by Professor Jordan I. Siegel and Professor Yujin Jeong of American University shows how documents released in South Korea bribery trials indicate when companies are more likely to offer bribes.

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