For farmers in rural Zambia, payday comes just once a year, at harvest time. This fact impacts nearly every aspect of their lives, but until now researchers hadn’t realized the true extent. Economist Kelsey Jack, an associate professor at UC Santa Barbara, sought to investigate how this extreme seasonality affects farmers’ livelihoods, as well as...
Chanel is actively engaging in an “overarching anticompetitive scheme” in order to limit the supply of its products in the market, “inhibit the growth and development of competitors, and artificially raise and maintain [its] prices,” and it has had help from prominent publications and big-name luxury fashion retailers in doing so. That is what The...
LVMH Moët Hennessy Louis Vuitton and Tiffany & Co. have managed to salvage their deal, with the French luxury goods conglomerate agreeing to pay a few dollars less per share to acquire the New York-based jewelry company. In a statement on Thursday, the parties confirmed that LVMH will pay $131.5 per Tiffany share, down from...
Strategies meant to motivate people in the workplace may have unintended consequences — depending on who’s in charge. Recent research from Michigan State University and Ohio State University shows that empowerment initiatives aren’t necessarily the answer for business leaders hoping to motivate their employees. “People tend to think of empowerment in uniformly positive ways,” said...
Welcome to shopping during the coronavirus pandemic: customers clad in masks, slathered with sanitizer and surrounded by signage urging them to avoid close contact. Despite guidelines plastered on the walls and floors of grocery and retail stores encouraging customers to maintain six-feet of physical distance, many do not. A new study by researchers at the...
In addition to the financial statements and balance sheet, an investor should also go through the notes and understand their content, says Juha Mäki, who is defending his doctoral dissertation in University of Vaasa. For example, the valuation of a company’s investment properties in the financial statements may bring surprises depending on whether the company...
Restaurants around the world were forced to shut down their dining rooms at the onset of the COVID-19 pandemic earlier this year to comply with stay-at-home orders. While many operations closed for good, others reopened at limited capacity several weeks later, sparking creative solutions to enforce social distancing guidelines, including utilizing mannequins. Others were more...
The unpredictability of the COVID-19 pandemic and its impact on people’s daily lives has facilitated changes ranging from social interactions to purchasing behavior. Adjusting to the many disruptions may seem difficult, but people are more adaptive than you might think, according to findings published in the October 2020 issue of the Journal of Consumer Research. The...
The Covid-19 pandemic has challenged all facets of human endeavours, and seven months later the economic effects are particularly being felt. How the world can leverage the positive and negative effects of COVID-19 to build a new, more resilient and low-carbon economy has been analysed by a group of academics led by WMG, University of...
As COVID-19 cases surged this spring, the pandemic led some people more than others to ponder their own mortality. A new study in China and the United States suggests that these people were the ones who showed the highest levels of stress and the least engagement at work. But the research also uncovered a bright...
