Covering Bangladesh & Cambodia Factory Fires? UC Berkeley Professor Terry Taylor finds Safety Compliance Auditing is Counterproductive
University of California, Berkeley Haas School of Business
A recent study from the University of Nebraska-Lincoln provides evidence that CEOs who turn out to be successful are the ones who are offered higher compensation packages from their boards at the outset.
As Germany prepares to enact quotas that will mandate quotas for female participation on major corporate boards, the United States is feeling the pressure to improve board diversity, says Hillary A. Sale, JD, corporate governance expert and professor of law at Washington University School of Law.
Case Western Reserve University will award the Inamori Ethics Prize to the founder of the premier outdoor gear and clothing company, Patagonia Inc., Yvon Chouinard. Chouinard is a global leader in corporate social responsibility with a keen focus on protecting the planet.
Companies may overreact to social or environmental activists protesting their business practices, according to a Baylor University article in the Academy of Management Review. The article examined why some firms are more likely to change such practices than others, as well as whether and how targeted firms and other industry members will change.
In about one in every four deals, the CEO of an acquired firm is awarded a merger bonus according to a recent study that examined more than 949 merger and acquisition offers that occurred in the U. S. between 1999 and 2009. The study also found that target shareholders received inferior premiums when their firms were sold while CEOs received a merger bonus.
A University of Virginia Darden School of Business study finds that American CEOs are worth their paychecks.
Anonymous, untraceable shell companies are preferred vehicles for moving large sums of dirty money - bribes, money laundering and financing terrorism. And new research shows that it's quite easy to find corporate service firms willing to skirt the law and sell anonymously-owned shell companies.
For years, card issuers have been making money off the fees they charge retailers for the convenience of using a credit card at checkout. Beginning Jan. 27, however, retailers are now permitted to pass this cost onto customers in a big way. Marketing expert Brent Smith, Ph.D., says consumers should be wary of surprises as some retailers may experiment with some level of a new surcharge fee.
Like many issues in national politics these days, there’s a stark divide between Democrats and Republicans on tax policy.
Who are the worst CEOs of 2012? For the third time, Tuck School of Business Professor Sydney Finkelstein has compiled his list of Worst CEOs of the year.
Under the law, whistle-blowers are supposed to be protected from direct reprisals on the job, including discrimination. But what if they and their actions becomes the subject of a widely distributed email? Is that a form of retaliation? Two professors at Indiana University's Kelley School of Business set out to answer that question and determine when public disclosure of the whistle-blower's identity -- like in an email -- is sufficient to support such a claim, in a paper that has been accepted for publication in North Carolina Law Review.
A federal rule established in the wake of the 2008 financial crisis improved shareholder value before an appeals court struck it down, according to a management professor at the University of Arkansas and her colleagues.
A recent study found that applicants whose pictures appear on their social media profiles are viewed more favorably than applicants who are not pictured. Also, that applicants with "attractive" photos were considered stronger than those with "unattractive" pictures.
Harassment of teen workers can be alleviated by providing them more meaningful assignments and coping strategies.
A recent study found a strong relationship between cheating in college and counterproductive workplace behavior.
Research shows that people are more forgiving of lies from a non-profit organization than they are from a for-profit (Fortune 500) company.
Law requiring Internet posting of feds’ finances will not prevent Congressional insider trading, Kathleen Clark says.
Some hedge funds manipulate stock prices at the end of the month to improve the returns that they report to their investors, a new study suggests.
Many consumers sacrificed their Thanksgiving dinners this year to grab that ultimate pre-Black Friday deal that they can spend the rest of the season bragging about. But according to Saint Joseph’s University sociologist Keith Brown, Ph.D., more and more shoppers are seeking something greater than saving a buck.
The holidays are a busy time for engagements, and Trina Hamilton, a University at Buffalo expert in corporate responsibility, says socially minded consumers have a lot to think about when it comes to finding the right rock.
As a corporate responsibility consultant, Kellie McElhaney publicly criticized Apple’s recent appointment of another man to an already all-male executive team. McElhaney’s new research goes one step further, indicating that the number of women on a corporate board correlates with a firm’s sustainability performance.
A strike planned by Wal-Mart workers on one of America’s busiest shopping days has significance on many levels, according to Cornell University ILR School labor experts Ken Margolies, an associate in The Worker Institute in New York City; and Kate Bronfenbrenner, ILR’s director of Labor Education Research in Ithaca.
Although some scholars have suggested that the income gap between men and women is due to women’s reluctance to negotiate salaries, a new study shows that given an invitation, women are just as willing as men to negotiate. Men, however, are more likely to ask for more money when there is no explicit statement in a job description that wages are negotiable.
Despite evidence supporting boardroom diversity as a driver of corporate performance, “the percentage of women directors on U.S. boards stagnated some years ago and remains at or near 12 percent, with fewer than 10 percent of boards having three or more women,” says Hillary A. Sale, JD, the Walter D. Coles professor of law at Washington University School of Law. “The pressure to add women directors is, however, growing.” Sale discusses options to grow board diversity.
Arbitration clauses are critical components of many contracts for consumer financial products. A panel of experts discusses the issues raised by the prevalence of arbitration clauses, and how they are used.
Georgia Tech Professor Seletha Butler has recommendations on how corporate America can be more inclusive.
A company’s share price and its CEO’s compensation can be influenced by third-party endorsements of the CEO, as well as the strategic options, called managerial discretion, that executives have at their disposal to manage the company, according to a study recently published in the Journal of Business Research.
The maker of everything from iPhones to PlayStations can’t simply manufacture worker self-worth through pay raises, a new University of Nebraska-Lincoln study suggests.
Charles K. Whitehead, professor at the Cornell University School of Law and a former Wall Street attorney, comments on the lawsuit leveled against Facebook, Morgan Stanley and other banks that underwrote Facebook’s initial public offering.
Women serve as CEOs of just 17 of the Fortune 500 top companies in the United States. PepsiCo CEO Indra Nooyi has been quoted as saying, “The glass ceiling will go away when women help other women break through that ceiling.” However, that may not necessarily be happening. Research from Washington University in St. Louis finds that women often do not support qualified female candidates as potential high-prestige work group peers.
Research by a University of Iowa law professor and corruption law expert suggests that reaching an out of court settlement for Mexican bribery allegations might not be best for Walmart.
As details of the Walmart bribery scandal in Mexico plays out, the University of Maryland Francis King Carey School of Law offers two expert sources for comment.
Stephen B. Wicker, Cornell University professor of electrical and computer engineering, comments on obsolete federal data privacy laws. He conducts research on wireless information networks, and focuses on networking technology, law, sociology, and how regulation can affect privacy and speech rights. He is the author of “Cellular Convergence and the Death of Privacy,” a book to be published by Oxford University Press at the end of 2012.
Mutual fund families routinely and purposely use the capital in affiliated funds of mutual funds -- AFoMFs -- as "insurance pools" to offset or prevent cash shortfalls in other funds in the family. Further, this practice, which sacrifices performance by the AFoMF for the benefit of the fund company, is not outlined in prospectuses and may be in direct conflict with AFoMF shareholder interest.
In the wake of the Enron and other corporate scandals, new research from Binghamton University suggests that strengthening parts of the 2002 Sarbanes-Oxley (SOX) Act would improve corporate performance and shareholder value.
The Credit CARD Act of 2009 was signed into law in May 2009. The reform legislation was intended to establish fair practices for extending credit to consumers. Many of the provisions were to protect college-age consumers. UofSC law professor Eboni Nelson has completed an analysis to determine whether the CARD Act has been successful in protecting these young consumers.
The political beliefs of corporate CEOs strongly influence the tax-avoidance strategies of the firms they run, and those firms with Republican chief executive officers show a significantly higher level of tax avoidance than do companies with CEOs of no obvious political preference
Why do some people behave morally while others do not? Sociologists at UC Riverside and CSU Northridge have developed a theory of the moral self that may help explain the ethical lapses in the banking, investment and mortgage-lending industries that nearly ruined the U.S. economy.
Research by two faculty members from The University of Alabama in Huntsville were published in the prestigious journal Science for their investigation of the unethical practices of some journal publications.
According to an Indiana University Maurer School of Law professor who testified last month before both houses of Congress, the STOCK Act eliminates what many regard as an uncharted gray area in existing law. The Senate is considering the act this week.
Sending a text message leads people to lie more often than in other forms of communication, according to new research by David Xu, assistant professor in the W. Frank Barton School of Business at Wichita State University.
A study found that the more information companies disclose about their sustainable practices, the more they are viewed as being environmentally friendly -- even if their actual environmental performance is not strong.
A conversation on the ethics of hiring with local business leaders.
Research published in the December 2011 issue of the academic journal Business & Society recognizes the University of Virginia Darden School of Business as the leading MBA program in the field of Business Ethics.
A new study by finance researchers at the University of Arkansas shows that U.S. banks are losing anywhere from $3.8 billion to $5.3 billion in annual revenue due to the Federal Reserve’s 2010 changes to overdraft policy. The lower fee revenue may further impair the ability of banks to lend money.
A professor who specializes in fair trade issues says what Bloomberg News uncovered in Victoria's Secret's African supply chain is a symptom of a larger problem.