Brandeis International Business School

The Perlmutter Award for Excellence in Global Business Leadership is given to a highly select group of individuals who have demonstrated exceptional leadership worldwide. It particularly honors those whose careers in business, finance, government and related fields embody the values promoted by the Perlmutter Institute for Global Business Leadership — a vision that transcends national borders, the highest levels of professionalism and a commitment to the global community and its prosperity. 

Aldo Musacchio is a Professor of Management and Economics at Brandeis International Business School. He is also a Faculty Research Fellow at the National Bureau of Economic Research (NBER). Prior to joining Brandeis, Prof. Musacchio was an associate professor at Harvard Business School (HBS), where he taught macroeconomics and international business to MBAs and executives for 10 years.  He has a Ph. D. from Stanford University and a B.A. in Economics with highest honors from ITAM in Mexico City. He has written four books and numerous academic papers looking at how firms adapt to adverse institutional environments in frontier and emerging markets, and how firms in emerging markets use and abuse the support governments give to national champions. In his book Reinventing State Capitalism he examines the performance implications of different governance arrangements in state-owned enterprises and the effects that investments and loans from government banks have on the performance of private firms. In These are the Good Old Days, he examines the entry strategies of foreign banks into Mexico since the 1990s and argues that even though their risk aversion has decreased bank instability, it has reduced firm access to bank loans. Professor Musacchio has written more than twenty HBS case studies and has a Harvard Business Review article on the challenges and opportunities of doing business in frontier markets. Musacchio is also an active angel investor in startups in Silicon Valley and Latin America and serves on the boards of nonprofits in the Boston area. He often consults for the World Bank and the Inter-American Development Bank on governance reform in the state sector in Latin America.