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...
WeWork went from unicorn darling with a nearly US$50 billion valuation to a cautionary tale for gullible investors worth just $8 billion in a matter of months. It did so in part by wrapping its real estate sublet business in the cloak of a tech startup destined to “change the world.” Were investors like SoftBank...
The lowest-paid workers in the UK have three more years of retirement on average compared to their professional counterparts, but are more likely to suffer ill health after stopping work, a new UCL-led study suggests. The study, published in the Journal of Epidemiology and Community Health, examined the length of time between stopping work and...
People are less likely to support an organization after an ethical failure if the business is led by a woman, according to a study published by the American Psychological Association. However, organizations led by women endure less negative backlash for competence failures than those headed by men. “Our study found that consumers’ trust in, and...
Giving consumers short time limits on offers means they are less likely to take them up, according to new research. Making time-limited offers is a common retail pricing strategy. Examples include the doorstep seller who claims that they are currently ‘in the area’ but will not be returning; the telephone seller who makes a ‘special...
Startups and entrepreneurs should spend the effort and money to obtain trademarks, because trademarks help them succeed in both product and financial markets, researchers say. In a paper presented today at the Financial Management Association annual meeting in New Orleans, researchers said the trademark portfolio held by an entrepreneurial firm is an important determinant of...
Consumers discount a positive product recommendation when a product has a large variety. Firms can ensure products are liked by influencers by increasing the variety, but it may benefit them to limit variety to make a recommendation more “persuasive.” Firms can adjust the product variety to influence consumers’ quality inference, and in turn their purchase...
A new study shows that two key factors can make freshly appointed CEOs more vulnerable and raise the odds they’ll get fired. The job security of a new CEO tends to suffer when the stock market reacts badly or when the previous CEO stays on as board chair, according to the study by Rice University...
For decades, luxury retailers around the world have conveyed the message that cold temperatures are a sign of status with descriptions like “icy steel Swiss watches,” “cool silk scarves” and “icy bling.” But researchers have never studied whether people truly associate cold temperatures with status and luxury. To investigate whether this association could be substantiated...
