McDonald’s ousted its CEO over a consensual relationship with an employee, just a week after U.S. Rep. Katie Hill stepped down due to a similar allegation. Both McDonald’s and the House of Representatives ban sexual relationships between supervisors and employees. Whether such bans on consensual relationships are really necessary has been debated many times. And...
In less than 10 years, Julep raised over $70 million from major venture capital firms and the likes of Jay Z, created a cult following of consumers itching to buy the 300 different beauty products it was introducing each year, launched a monthly subscription beauty box, amassed sales that tripled during some fiscal years, and...
A new group of diamonds stands out as being more perfect than almost all others in the $14 billion diamond market. They are completely colorless – making them, in the eyes of the Gemological Institute of America, among just 2 percent of the diamonds in the world. They are almost or entirely devoid of impurities,...
Zac Posen is shuttering his label, the brand confirmed on Friday. An announcement from the label’s owners, House of Z and Z Spoke that came on Friday evening revealed that the company – which had been in midst of a sale process since this spring with Yucaipa Cos., with the Ron Burkle-led investment firm that...
Governmental and third-party regulatory agencies (e.g., the Securities and Exchange Commission and independent auditing firms) are charged with monitoring firms to guard against behaviors that might have negative consequences for the economy, the environment, or society. This type of monitoring fails when the agents do not detect or report infractions by the firms they oversee....
A new paper examines the strategic underpinnings of why firms use certain alternative dispute resolution practices when sorting out a workplace issue. As firms have increasingly looked to contain costs associated with employment conflicts or take workplace conflict out of the public eye, the use of third-party alternative dispute resolution mechanisms has grown to be...
Blockchain technology has the potential to transform the global supply chain and improve both the speed and security of handling the flow of goods at international borders. But researchers say big questions remain about how the transformation will unfold. “It’s an emerging technology. It’s evolving,” said Weidong “Larry” Shi, associate professor of computer science at...
Researchers from the University of Bochum and the University of Warwick published a new paper in the Journal of Marketing, which shows that sales relationship disruptions can have overall positive effects for the selling firm. The study, forthcoming in the January issue of the Journal of Marketing, is titled “Understanding the Impact of Relationship Disruptions” and authored...
The practice of offshoring–moving some of a company’s manufacturing or services overseas to take advantage of lower costs–is on the rise and is a source of ongoing debate. A new study identified a way to determine how U.S. multinational firms’ decisions about offshoring affect domestic employment. The study found that, on average, when U.S. multinationals...
Businesses looking for a cutting edge with their new products when facing technological turbulence benefit from greater innovativeness and better results for both the product and the companies overall when working with other firms in the same value chain. Research from Lancaster University, the University of Leeds, the University of Reading and Newcastle University, published...
