The personal credit scores of top-level corporate executives can help explain their decision making in the corporate environment, at least when it involves evaluating risk, a new study suggests. Researchers at The Ohio State University conducted an experiment with a national sample of high-level executives and found that those with subprime credit scores tended to...
Commerce
Strategic Retrenchment Can Help Firms Grow Stronger in Global Markets, New Study Shows
A new study published in the Strategic Management Journal finds that international firms that strategically withdraw from certain markets may be better positioned to grow and compete more effectively in others. The research highlights how focusing on core markets—rather than spreading resources too thin—can strengthen long-term performance. The study, conducted by Chunhu Jeon (Morgan State University), Jonathan...
Florida Inventors Hall of Fame Announces 2025 Inductees: Celebrating the Visionaries Behind the Breakthroughs
The Florida Inventors Hall of Fame is proud to announce its 2025 inductees — 10 pioneering inventors whose groundbreaking contributions span disciplines ranging from nanotechnology and regenerative medicine to energy systems and video technologies. Their work has established and reshaped entire fields, propelled scientific progress and exemplified the spirit of innovation that defines Florida’s growing ecosystem...
In the $250B Influencer Industry, Being a Hater Can Be the Only Way to Rein in Bad Behavior
Since 2020, content creator Remi Bader had accumulated millions of TikTok followers by offering her opinions on the fits of popular clothing brands as a plus-size woman. In 2023, however, Bader appeared noticeably thinner. When some fans asked her whether she’d undergone a procedure, she blocked them. Later that year, she announced that she would...
Stealing Credit for Co-Workers’ Ideas and Work Hurts a Critical Organizational Resource — Knowledge, New Paper Says
If you’ve ever shared an idea only to hear it repeated by someone else or had someone take credit for your work, David Zweig knows exactly what you’re talking about. The University of Toronto professor and expert in workplace deviance watched something similar play out during a work meeting. One colleague said something without getting...
Conceptualizing Psychological Contract Theory in the Context of Digital Labor Platforms, App Workers, Gig Economy
Psychological contracts are the beliefs, perceptions, and informal obligations between an employer and an employee. Such contracts have long been conceived of as targeting a person, but with the emergence of algorithmic-enabled forms of employment in a gig economy, that is changing. Digital labor platforms act as technological intermediaries that connect customers with service-providing, independent...
Renting Clothes for Sustainable Fashion – Niche Markets Work Best
Renting clothes can reduce the fashion industry’s enormous environmental impact, but so far, the business models have not worked very well. The best chance of success is for a rental company to provide clothing within a niche market, such as specific sportswear, and to work closely with the suppliers and clothing manufacturers. This is shown...
A Running Timeline of Fashion, Luxury Funding and M&A
M&A and investment activity continues to dominate the fashion and luxury industries, with a rise in deal volume driven by ongoing consolidation, digital acceleration, and rising pressure on margins. From strategic acquisitions to tech-driven funding rounds, the landscape is increasingly shaped by players aiming to future-proof their operations and expand global reach. Big-name deals over...
Global Art Market Faces Challenges in 2024 but Shows Signs of Resilience
Global Art Market Faces Challenges in 2024 but Shows Signs of Resilience: Key Insights from The Art Basel and UBS Global Art Market Report 2025 Amid a challenging economic landscape, the global art market recorded an estimated $57.5 billion in sales in 2024, a 12% decline from the previous year. This marks the second consecutive...
The Trade Deficit Isn’t an Emergency – It’s a Sign of America’s Strength
When U.S. President Donald Trump imposed sweeping new tariffs on imported goods on April 2, 2025 – upending global trade and sending markets into a tailspin – he presented the move as a response to a crisis. In an executive order released the same day, the White House said the move was necessary to address...