Relying on headhunters to fill job vacancies can drive up voluntary turnover as new research found that they typically recruit the employees they successfully placed before to their next job. Using Japan — where foreign subsidiaries extensively use headhunters to recruit host country nationals (HCNs) — as a case study, Hiroshima University (HU) Professor Vesa Peltokorpi applied an...
Mutual fund investors are known to be vulnerable to fluctuating market conditions. What is less well understood is how corporate managers are affected by waves of investor optimism. A Luxembourgish researcher has published a study in the Springer Nature journal Financial Innovation, where he argues that corporate managers and investors are jointly caught up in...
Using Ecuador as case study, economists show international trade widens the income gap in individual countries. International trade exacerbates domestic income inequality, at least in some circumstances, according to an empirical study that two MIT economists helped co-author. The research, focusing on Ecuador as a case study, digs into individual-level income data while examining in...
Businesses with female founders who receive funding from female rather than male venture capitalists are two times less likely to raise additional financing. When women receive support from other women, observers may believe the relationship was motivated by considerations other than merit, leading them to dismiss evidence of the women’s competence. Well-intentioned calls for women to invest...
Women directors on Fortune 500 boards skillfully use tactics that enable them to display warmth, competence or both, allowing them to avoid backlash and meet specific aims, according to new Cornell University ILR School research. These tactics can help women directors achieve aims including diversifying conversations, clarifying perspectives and amplifying their expertise, and help them...
Researchers at Iowa State University found significantly different state tax rates affect where new businesses set up shop near state lines. Their study published in the journal Small Business Economics shows the fourth greatest distortion in the U.S. is between Iowa and its northwest neighbor. “The probability of starting up on one side of the border versus...
Co-workers who team up to solve problems or work on projects can benefit when they have less in common and take turns spotlighting their different expertise, according to new research from The University of Texas at Austin. The findings have implications for how managers can better form and manage teams so all voices are heard....
Narcissistic executives cause the units or subsidiaries they manage to be less receptive to knowledge coming from other units. The new research, published in the Strategic Management Journal, explores the relationship between executive narcissism and inter-unit knowledge transfer. The authors find that the effects of narcissism are reduced when there’s a high environmental complexity or dynamism at...
Electric vehicles (EVs) are becoming increasingly important in the global effort to reduce reliance on fossil fuels, driving massive growth in consumer demand. This demand has wide-reaching impacts, particularly on tourism. In 2021, car rental company Hertz announced its plans to purchase 100,000 Tesla cars for rental. However, the charging station infrastructure needs to be...
FinTech is one of the major forces of digital transformation for the financial industry. Emerging technologies and business model innovation have advanced Fintech development for the past decade at an unprecedented pace. On top of the continuously evolving business landscape and trends in digital transformation, the COVID-19 pandemic brought numerous challenges to the financial industry...
