• PHONE: 617-353-5397
  • EMAIL:  cflammer@bu.edu
  • WEBSITE: http://sites.bu.edu/cflammer/
  • OFFICE: 634A
  • OFFICE HOURS: By Appointment
  • ADDRESS: BOSTON UNIVERSITY
    Questrom School of Business
    Rafik B. Hariri Building
    595 Commonwealth Avenue
    Boston, MA 02215

PROFILE SUMMARY

Caroline Flammer is an assistant professor of strategy and innovation at Boston University’s Questrom School of Business. Her research interests are in competitive strategy at the intersection of corporate governance, corporate social responsibility, impact investing, and innovation. Her most recent work examines how corporate governance can help foster a longer-term orientation and the investment in long-term strategies such as innovation and stakeholder relations. In particular, by providing executives with long-term incentives, or tying their compensation to CSR performance, shareholders can align managers’ interests with long-term value creation. She has published in leading academic journals such as the Academy of Management Journal, Management Science, and the Strategic Management Journal. Caroline was awarded the 2015 Alliance for Research on Corporate Sustainability (ARCS) Emerging Scholar Award. She is also the recipient of several other prestigious awards including the 2013 Moskowitz Prize for Best Paper in Socially Responsible Investing, the 2014 Glueck Best Paper Award of the BPS Division of the Academy of Management, the 2015 French Social Investment Forum-Principles for Responsible Investment (FIR-PRI) Award for Best Published Paper in Finance and Sustainability, and most recently the 2016 Investor Responsibility Research Center (IRRC) Institute Research Award. Caroline serves on the editorial boards of the Academy of Management Journal as well as the Strategic Management Journal. Before joining Boston University, she was a faculty at Ivey Business School and a postdoctoral researcher at MIT Sloan School of Management. She holds a PhD in economics from the University of St. Gallen in Switzerland. Her website is at http://sites.bu.edu/cflammer/.

  • EDUCATION Open or Close

    POST-DOCTORAL RESEARCHER, MIT Sloan School of Management, 2013.

    PH D, University of St. Gallen, 2009.

  • PUBLICATIONSOpen or Close

    JOURNAL ARTICLES:

      Flammer, C., & Bansal, P. (2017). Does a Long-term Orientation Create Value? Evidence from a Regression Discontinuity. Strategic Management Journal, 38 (9), 1827-1847.
      See Publication Online

      Flammer, C., & Luo, J. (2017). Corporate Social Responsibility as an Employee Governance Tool: Evidence from a Quasi-Experiment. Strategic Management Journal, 38 (2), 163-183.
      See Publication Online

      Flammer, C., & Kacperczyk, A. (2016). The Impact of Stakeholder Orientation on Innovation: Evidence from a Natural Experiment. Management Science, 62 (7), 1982–2001.
      See Publication Online

      Flammer, C. (2015). Does Product Market Competition Foster Corporate Social Responsibility? Evidence from Trade Liberalization. Strategic Management Journal, 36 (10), 1469–1485.
      See Publication Online

      Flammer, C. (2015). Does Corporate Social Responsibility Lead to Superior Financial Performance? A Regression Discontinuity Approach. Management Science, 61 (11), 2549–2568.
      See Publication Online

      Flammer, C. (2013). Corporate Social Responsibility and Shareholder Reaction: The Environmental Awareness of Investors. Academy of Management Journal, 56 (3), 758–781.
      See Publication Online

  • EDITORIAL AND REVIEW ACTIVITIESOpen or Close

    Flammer, C. Academy of Management Journal, Editorial Board Member. (July 1, 2016 - Present).

    Flammer, C. Strategic Management Journal, Editorial Board Member. (January 1, 2016 - Present).

  • AWARDS AND HONORSOpen or Close

    Distinguished Paper Award, Business Policy and Strategy (BPS) Division of the Academy of Management, Research. (August 7, 2017).

    The Distinguished Paper Award goes to Annual Meeting submissions that reviewers rated in the top 1%.


    AMJ Best Reviewer Award, Academy of Management Journal, Service, Professional. (August 6, 2017).
    AMJ’s Best Reviewer Award for dedicated service to the journal and the profession.


    Investment for Impact Research Prize (Second Prize), UC Berkeley, Research. (June 2, 2017).
    The Investment for Impact Research Prize awards outstanding research pertaining to the social impact of capital.


    Outstanding SMJ Editorial Board Member, Strategic Management Journal, Service, Professional. (September 18, 2016).
    Outstanding SMJ Editorial Board Member


    Moskowitz Prize for Best Paper in Socially Responsible Investing (Honorable Mention), UC Berkeley Haas School of Business, Center for Responsible Business, Research. (November 9, 2016).
    Moskowitz Prize for Best Paper in Socially Responsible Investing (Honorable Mention), UC Berkeley Haas School of Business, Center for Responsible Business, Research. (November 9, 2016).


    ONE-NBS Research Impact on Practice Award (Honorable Mention), Organizations and the Natural Environment (ONE) Division of the Academy of Management & Network for Business Sustainability, Research. (August 8, 2016).

    Investor Responsibility Research Center (IRRC) Institute Research Award (2016), IRRC, Columbia University, Research. (December 7, 2016).
    Investor Responsibility Research Center (IRRC) Institute Research Award (2016)


    Ivey Emerging Leaders Award, Ivey Business School, Research. (October 26, 2015).

    ARCS Sustainability Scholar Award, Alliance for Research on Corporate Sustainability (ARCS), Research. (May 14, 2015).

    FIR-PRI Award for Best Published Paper in Finance and Sustainability, Forum pour l'Investissement Responsable (FIR) & Principles for Responsible Investment (PRI), Research. (October 8, 2015).

    MBA ’80 Faculty Fellowship, Ivey Business School, Research. (July 1, 2015).

    Glueck Best Paper Award, Business Policy and Strategy (BPS) Division of the Academy of Management, Research. (August 4, 2014).

    Moskowitz Prize for Best Paper in Socially Responsible Investing, UC Berkeley Haas School of Business, Center for Responsible Business, Research. (October 29, 2013).

    Page Prize Award for Sustainability Issues in Business Curricula (Honorable Mention), University of South Carolina Darla Moore School of Business, Teaching. (March 12, 2013).

    Research Fellowship of the Swiss National Science Foundation, Swiss National Science Foundation, Research. (July 1, 2007).