Principles ingrained via military service may influence corporate governance, especially when it comes to executive accountability. New research published in Strategic Management Journal found that when outside directors with military backgrounds are on a company’s board of directors, it increases the likelihood of CEO dismissal under low-performance conditions. Military science research shows that military service significantly shapes individuals’ understanding...
Commerce
Gold Star Medal Taken from an Ethiopian War Hero Surfaces at Auction
The grandchildren of Ras Desta Damtew, an Ethiopian general and noble, are seeking to recover the piece, listed in the online auction catalogue as coming from the estate of an Italian soldier who was present at Desta Damtew’s execution The family of an Ethiopian war hero, Ras Desta Damtew, is seeking to recover his gold...
Consumers Face Barriers to Embracing Ethical Fashion, Psychologist Warns
Consumers are likely to continue making poor fashion choices unless eco-friendly choices become more accessible, according to a leading psychologist. Carolyn Mair says brands must do more to promote sustainable clothing by making it more accessible to all, and by doing more to educate the public about mindful consumption. Meaningful reforms to the current model...
Robo Price-Fixing: Why the Justice Department Is Suing a Software Company to Stop Landlords Colluding on Rents
Of all the reasons it could be hard to pay rent each month, did you have an algorithm-powered illegal cartel on your list? Millions of people across the United States are paying far more rent than they can reasonably afford, with rental housing prices rising far quicker than household income. In 2022, 22.4 million U.S....
Can Trump Save TikTok?
Trump will have to convince companies like Apple and Oracle that he can protect them from the law. Although former president (and now president-elect) Donald Trump tried to ban TikTok during his first term in office, he came out against a ban during the 2024 campaign. The reasons for his flip-flop are unclear: Possibly it was a...
High Color Complexity in Social Media Images Proves More Eye-Catching, Increases User Engagement
Social media has become the main stage for marketing in the digital age, and the adage “content is king” has never been more relevant. Marketers are increasingly focused on creating social media content to capture user attention and drive engagement with content. One proven strategy to increase such engagement is using social media images. A...
Parent of WWE and UFC Is Buying Professional Bull Riders, on Location and IMG for $3.25 Billion
The parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG from Endeavor Group in an all-stock deal valued at $3.25 billion. The deal is part of Endeavor’s efforts to shed some of its assets as it looks to be taken private in a proposed transaction with private equity firm Silver Lake,...
Family as a Wealth Factor
Study reveals how generational change and family events are associated with a person’s wealth A new study conducted by the Max Planck Institute for Demographic Research (MPIDR), the University of Cologne, GESIS and the Norwegian Institute of Public Health explores how an individual’s financial wealth changes in relation to generational transitions within the family. The...
Many Wealthy Members of Congress Are Descendants of Rich Slaveholders − New Study Demonstrates the Enduring Legacy of Slavery
The legacy of slavery in America remains a divisive issue, with sharp political divides. Some argue that slavery still contributes to modern economic inequalities. Others believe its effects have largely faded. One way to measure the legacy of slavery is to determine whether the disproportionate riches of slaveholders have been passed down to their present-day...
Color Complexity in Social Media Posts Leads to More Engagement, New Research Shows
If you work in digital marketing, you don’t need to be told a picture’s worth a thousand words. More than half of content marketers say images are crucial for achieving their social media goals, and a staggering 70% of users prefer image-based posts over text, surveys have found. But which types of visuals work best?...