Gilles Hilary

Professor of accounting and control

Gilles Hilary is an INSEAD professor of accounting and control and the Mubadala chaired professor in corporate governance and strategy. He is also a contributing faculty member to the INSEAD Corporate Governance Initiative. Hilary regularly teaches courses on corporate governance, risk management, financial analysis, decision making processes, and behavioral finance. He has an MBA from Cornell University, a Ph.D. from the University of Chicago, and a French professional accounting degree.

Thu, 08/11/2016 - 10:54
Machine Learning for Risk Management Artificial intelligence systems must be matched with human oversight
Thu, 08/11/2016 - 10:54
It all started as a normal day for traders David and John (not their real names). Out of the blue, their company’s audit and compliance team called them, seeking clarifications about some of their recent trades. Shortly afterward, David and John…
Preventing Social Media Armageddon Four threats and their countermeasures
Wed, 06/15/2016 - 17:11
President Obama has been injured in a terrorist attack on the White House. A tweet released by the Associated Press (AP) attests to this. It carries the company’s “verified” stamp of authenticity. The S&P 500 just lost more than $130 billion.…
Embrace the Fuzzy Crystal Ball Complex models that accurately forecast the future are a poor way to plan for uncertainty
Mon, 04/04/2016 - 00:00
Phil used to be a very senior financial executive. When asked for a number, he would typically provide with a rough ballpark answer, such as, “It’s about 5 percent.” He’d then be peppered with questions about how he had arrived at that figure.…
Does Your Organization Run on Fear? Poor leadership can destroy initiative and cause unethical behavior
Thu, 03/03/2016 - 14:54
In 2013, the U.S. Air Force realized that more than 20 percent of the nuclear officers at Malmstrom Air Force Base had cheated on their certification exam. Many other officers knew about the problem but didn’t report it. The root cause for this…
Gaining Influence in a Crisis Stakeholders’ perceptions and opinions are invaluable
Thu, 02/04/2016 - 13:23
In March 2014, Malaysian Airlines flight 370 disappeared on its way to Beijing. To this day, the fate of the plane has not been established. The tragedy of the aircraft’s disappearance was exacerbated by the images of distressed relatives herded…
The End of Human Risk Management? Automation works best when human intuition is involved
Tue, 12/22/2015 - 10:39
Eric (not his real name) was under pressure from his sales department. He was hesitant to close a large financing deal with a Chinese corporation but had little beyond his intuition to back up his position. The company’s stock price had gained a…