A new academic study examining the actions of Bernie Madoff, the New York banker behind the world’s biggest Ponzi fraud, suggests companies do more to root out “corporate psychopaths” within their organisations to prevent financial ruin.
A new study finds workers respond differently to incompetent bosses based on whether they are older or younger than themselves. Surveys show employees are more likely to accept an older incompetent boss but less likely to accept one who is younger and less experienced than they are.
Title 42, the United States pandemic rule that had been used to immediately deport hundreds of thousands of migrants who crossed the border illegally over the last three years, has expired. Those migrants will have the opportunity to apply for asylum. President Biden's new rules to replace Title 42 are facing legal challenges. Border crossings have already risen sharply, as many migrants attempt to cross before the measure expires on Thursday night. Some have said they worry about tighter controls and uncertainty ahead. Immigration is once again a major focus of the media as we examine the humanitarian, political, and public health issues migrants must go through.
A regional collaboration led by Case Western Reserve University has won a $1 million grant from the National Science Foundation (NSF) --the only award in Ohio--to plan economic, environmental and manufacturing growth across the 18-county Northeast Ohio region.
Researchers from University of International Business and Economics, University of Groningen, University of Cologne, and University of Chinese Academy of Sciences published a new Journal of Marketing article that examines the drivers of brand extension success.
Workers of the near future have less to fear from AI than they think if they are open to learning how to use AI as a tool that extends their capabilities. Becoming a proficient user of AI "magic" will be a key skill, according to Digital Science CEO Dr Daniel Hook.
We all remember 2020. At the grocery store, toilet paper shelves were empty. Cleaning supplies and disinfectants were treasured finds. Rattled consumers, concerned that they would run out of essential items, swiftly stockpiled products until they disappeared from shelves. In the media, it was referred to as “panic buying.”
Wistar Institute has formed a collaboration with the Pennsylvania Biotechnology Center and the Baruch S. Blumberg Institute to accelerate the advancement of “bench to bedside” biomedical research discoveries in the tri-state region.
Over 100 entrepreneurs have made their dreams a reality with the help of Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship competition. The foundation has pledged an additional $900,000 to continue its sponsorship through 2026.
The abrupt closing of First Republic Bank stirred fresh anxieties about the security of the banking system, unfolding less than two months after the back-to-back, historically huge failures of Silicon Valley Bank and Signature Bank. This month all 84 branches of the former First Republic Bank opened with a new name after an emergency sale orchestrated by the Federal Deposit Insurance Corporation (FDIC).
A study centered around four groups shows that innovators look for new products and try them out first, regardless of what anyone else is doing. Early adopters, who look for new future successful products, try to get them early. They react to the value of the second derivative of cumulative sales when making decisions. The majority are interested in products quickly gaining popularity and are more likely to buy when the first derivative of cumulative sales is high. The laggards see only the total number of adopters, which is cumulative sales, as a convincing reason to buy.
Students in the International Business Club at Saint Louis University have compiled a business library. Now, they are shipping this 10,000-book, ready-made library to the Lahore University of Management Science (LUMS) in Pakistan.
Job seekers looking to land a role with an altruistic organization may feel too guilty to ask for higher pay, according to a new study from the McCombs School of Business at The University of Texas at Austin.
Sunshine levels have a significant impact on the bidding behaviour of stock market investors, according to new research from the University of Portsmouth in England, and several Chinese universities.
The United States is facing a nursing staffing crisis, with high turnover rates exacerbated by poor management practices. To address this issue, some healthcare organizations and policymakers have turned to recruiting internationally educated nurses, but this alone is not a sustainable solution.
Researchers from Duke University, University of Notre Dame, and Microsoft published a new Journal of Marketing article that examines using “true normal prices” during a sale as a way to reduce deceptive pricing tricks.
An Oak Ridge National Laboratory-developed advanced manufacturing technology, AMCM, was recently licensed by Orbital Composites and enables the rapid production of composite-based components, which could accelerate the decarbonization of vehicles, airplanes and drones.
Oak Ridge National Laboratory leadership and staff gathered at the lab’s main campus in Oak Ridge, Tenn., on April 27 to dedicate a renovated International Hall of flags and unveil new displays reflecting the lab’s rich 80-year history.
Successful marketing should focus less on selling and more on understanding people, Ross School of Business Professor Marcus Collins argues in a new book.
NYU Tandon School of Engineering’s NYC Media Lab unveiled this year’s cohort for the AI & Local News Challenge, a program in which tech innovators leverage artificial intelligence in projects that enhance local news organizations and the journalism they produce.
People leave jobs all the time, whether they’re laid off, fired, or just quit. But how do their departures affect coworkers left behind? According to a new study from the UBC Sauder School of Business, those exits can lead many others to call it quits.
The Yang-Tan WorkABILITY Incubator, recently launched through the ILR School’s Center for Applied Research on Work (CAROW), will support innovative applied research projects and collaborations that bring together two or more parts of the university to address important societal issues linked to work.
A group of University of Arkansas at Little Rock students won a national Real Estate Challenge in Chicago, winning a $5,000 scholarship that will be used to support finance/real estate students at UA Little Rock. UA Little Rock was the Undergraduate Division Winner of the Harold E. Eisenberg Foundation’s Annual Real Estate Challenge, which matches teams from selected universities in a competition focusing on a high-profile development/redevelopment project in the Chicago Metropolitan area.
Finance professor Albert “Pete” Kyle describes how the SVB-fueled banking crisis has created the conditions for a severe recession rather than the mild recession that Federal Reserve economists have predicted.
A self-evaluation tool developed at the Ross School of Business has lately been gaining considerable acceptance and validation from the business education community.
We are forming a panel to discuss misinformation and how it affects media relations. For the last two years, we have been looking at how Newswise can tackle issues around spreading and consuming fake news.
A financial tool used in the bailout of global banking giant Credit Suisse Group, hybrid securities known as “CoCo” bonds, would not protect taxpayers. Their use should continue to be left to the private sector, instead of being treated as regulatory capital after bank failures in the United States, said a finance professor at the Indiana University Kelley School of Business.
Arizona State University is in the top 10 among universities worldwide for U.S. patents issued in 2022. It is the third time ASU ranked in the top 10 globally and the fifth consecutive time ASU ranked in the top 10 among U.S. universities in the annual top 100 rankings.
Researchers from University of Notre Dame and The Ohio State University published a new Journal of Marketing study that examines how the use of unconventional spellings of a brand name impacts consumers’ inferences about and willingness to support the brand.
Zhejia Ling, assistant accounting professor at Cal State Fullerton, based on her research, believes that a company CEO who is involved in pro-social responsibility has a greater chance of making beneficial corporate decisions and being better leaders.
While paper packaging is often seen as the sustainable, environmentally friendly alternative to plastic, new research by Aradhna Krishna has revealed that excess paper packaging often creates the illusion of sustainability without actually reducing plastic waste.
On May 1, 2023, a set of new, loan-level price adjustment (LLPA) grids for mortgages purchased by Fannie Mae and Freddie Mac mandated by the Federal Housing Finance Agency (FHFA) will go into effect. FHFA’s director stated that the rationale for these changes is “to increase pricing support for purchase borrowers limited by income or by wealth.”
The purpose of this award is to recognize innovation and excellence in international trade instruction, curriculum development, research, program development, and/or advocacy of international business issues.