That low-income purchasers face challenges in the marketplace is no surprise, given that they have less money to spend than other groups. However, low-income buyers face an additional, unexpected challenge: based on their financial circumstances, low-income buyers are judged much more harshly by others for making identical purchases. This is most evident with purchases that […]
Read More… from Why Buying Green Is Not Considered Ethical if You Are Poor
How much does the personality of a CEO impact his or her decision-making and the performance of the firm? A team of researchers explored connections between the personality traits of more than 4500 CEOs and their investment and financing decisions and the performance of their firms. Their study offers a glimpse into how personality can […]
Read More… from How CEO Personality Impacts on Firm Performance
In December of 2005, Norway passed a quota law requiring that women make up a minimum of 40% of corporate boards. Corporations had 2 years to comply with the law. As a result of the law, the fraction of women directors went from 5% in 2001 to 40% in 2008. Opponents of the quota argued […]
Read More… from Quotas to Gender-Balance the Board: Norway’s Drastic Action Worked
Diversity management has become a key instrument for employers in recent years. University graduates around the world are no longer predominantly white males, and most companies now have a diversity policy document, with the larger ones also instating Diversity and Inclusion (D&I) Officers. However, companies nevertheless face a triple hurdle in implementing diversity management policies, […]
