Pierce’s research focuses on economic and psychological factors that impact both productivity and misconduct, and the organizational solutions to jointly address these effects. He teaches strategy, management, business ethics in the MBA, undergraduate and executive MBA programs at Olin Business School, serving as the director for Olin academic programs at the Brookings Institution in Washington, D.C..
While closely held ownership isn’t necessarily bad, research co-authored by a faculty member at Washington University in St. Louis’ Olin Business School suggests some African firms may miss 21st century growth opportunities without the ability to raise capital through shared ownership.
Three Olin Business School researchers completed a study of workplace theft among restaurant workers that details, for the first time, how such stealing is contagious — and new restaurant workers are particularly susceptible.
Researchers from Olin Business School studied self-managed teams, and found that they tend to create pay inequality. Women “consistently receive bargaining outcomes below their productivity level, while men are consistently overcompensated,” the researchers wrote.
In the first big-data study combining objective medical and compensation records with demographics, researchers at Washington University in St. Louis and Aarhus University in Denmark discovered once a company switches to a pay-for-performance process, the number of employees using anxiety and depression medication increased by 5.7 percent over an existing base rate of 5.2 percent.