Jordan Siegel

Professor of Strategy
Michael R. and Mary Kay Hallman Fellow

Education
Ph.D. Massachusetts Institute of Technology
B.A. Yale University
M.A. Yale University
Biography

Jordan Siegel is a Professor of Strategy 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 Management Science, Administrative Science Quarterly, the Strategic Management Journal, Organization Science, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Comparative Economics, and the Journal of Economic Literature.

Paying for Legitimacy: Autocracy, Non-market Strategy, and the Liability of Foreignness
Authors
Kim, Jin Hyung, and Jordan I. Siegel
Published Date
03/2024
Authors
Kim, Jin Hyung, and Jordan I. Siegel
Source
Administrative Science Quarterly
Volume
69
Issue
1
Pages
131-171
Why Local Adaptation Sometimes Fails to Be Effective for MNEs: Exploring the Dynamics of Collective Bonuses, Egalitarianism, and Informal Norms
Authors
Bourmault, Nishani, and Jordan I. Siegel
Published Date
2022
Authors
Bourmault, Nishani, and Jordan I. Siegel
Source
Journal of Management Studies
Volume
59
Issue
4
Pages
886-924
Strategy Meets Culture (for Breakfast): Understanding the Relationship and Highlighting Its Potential
Authors
Gibbons, Robert, Jordan I. Siegel, and Roberto A. Weber
Published Date
2021
Authors
Gibbons, Robert, Jordan I. Siegel, and Roberto A. Weber
Source
Strategy Science
Volume
6
Issue
2
Pages
111-118
A Recentering Approach for Interpreting Interaction Effects From Logit, Probit, and Other Nonlinear Models
Authors
Jeong, Yujin, Jordan I. Siegel, Sophie Yu-Pu Chen, and Whitney Newey
Published Date
2020
Authors
Jeong, Yujin, Jordan I. Siegel, Sophie Yu-Pu Chen, and Whitney Newey
Source
Strategic Management Journal
Volume
41
Issue
11
Pages
2072-2091
How Important Is Regional vs. Global Strategy? An Examination of U.S. Multinationals
Authors
Jeong, Yujin, and Jordan I. Siegel.
Published Date
2020
Authors
Jeong, Yujin, and Jordan I. Siegel.
Source
Journal of International Business Studies
Volume
51
Issue
7
Pages
1142-1160
Mis-Accounting for Endogeneity: Heckman’s Two-Step Method Without An Instrument
Authors
Wolfolds, Sarah, and Jordan I. Siegel.
Published Date
04/2019
Authors
Wolfolds, Sarah, and Jordan I. Siegel.
Source
Strategic Management Journal
Volume
40
Issue
3
Pages
432-462
Multinational Firms, Labor Market Discrimination, and the Capture of Outsider’s Advantage by Exploiting the Social Divide
Authors
Siegel, J, Pyun L, Cheon, BY
Published Date
2019
Authors
Siegel, J, Pyun L, Cheon, BY
Source
Administrative Science Quarterly
Volume
64
Issue
370
Pages
397
Falling High Status and Corporate Bribery: Evidence from the Revealed Accounting Records of Two South Korean Presidents
Authors
Jeong, Yujin, and Jordan I. Siegel
Published Date
2018
Authors
Jeong, Yujin, and Jordan I. Siegel
Source
Strategic Management Journal
Volume
1
Issue
39
Pages
1083-1111
What Makes the Bonding Stick? A Natural Experiment Involving the U.S. Supreme Court and Cross-Listed Firms
Authors
Licht, Amir, Christopher Poliquin, Jordan I. Siegel, and Xi Li,
Published Date
2018
Authors
Licht, Amir, Christopher Poliquin, Jordan I. Siegel, and Xi Li,
Source
Journal of Financial Economics
Volume
1
Issue
129
Pages
329-356
The Small Worlds of Business Groups: Liberalization and Network Dynamics
Authors
Brookfield, Jon, Sea-Jin Chang, Israel Drori, Shmuel Ellis, Sérgio G. Lazzarini, Jordan I. Siegel, and Juan Pablo von Bernath Bardina
Published Date
2012
Authors
Brookfield, Jon, Sea-Jin Chang, Israel Drori, Shmuel Ellis, Sérgio G. Lazzarini, Jordan I. Siegel, and Juan Pablo von Bernath Bardina
Source
The Small Worlds of Corporate Governance
Volume
1
Issue
1
Pages
1
Comment
Authors
Siegel, J
Published Date
2006
Authors
Siegel, J
Source
A History of Corporate Governance around the World: Family Business Groups to Professional Managers
Volume
1
Issue
1
Pages
1
Social Dimensions of Entrepreneurship
Authors
Licht, Amir N., and Jordan I. Siegel
Published Date
2006
Authors
Licht, Amir N., and Jordan I. Siegel
Source
Oxford Handbook of Entrepreneurship
Volume
1
Issue
1
Pages
1
Measuring the Value of Political Connections after Liberalization: Some Thoughts on Theoretical Constructs and Improved Research Design
Authors
Siegel, J
Published Date
2004
Authors
Siegel, J
Source
Global Corporate Evolution: Looking Inward or Looking Outward.
Volume
1
Issue
1
Pages
1
Handbook on the Business of Sustainability: The Organization, Implementation, and Practice of Sustainable Growth
Authors
Jue-Rajasingh, Diana, and Jordan I. Siegel
Published Date
2022
Authors
Jue-Rajasingh, Diana, and Jordan I. Siegel
Source
Edward Elgar
Addressing the Market Failures of Environmental Health Products
Gerard George, Martine R. Haas, Havovi Joshi, Anita M. McGahan, and Paul Tracey